Overview
What is Mt Hope Charities Inc?
Mt Hope Charities Inc is a nonprofit organization that specializes in simplifying the logistics for local charity events and fundraisers. By managing event funds and streamlining the process, they eliminate the need for separate accounts for each event. This service makes it easier for event organizers, thereby reducing their administrative burden. Mt Hope Charities Inc aims to support various local benefit and fundraising initiatives by providing a seamless financial management solution.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Mt Hope Charities Inc has received a two-star rating from Charity Navigator, indicating the organization needs improvement in several key areas. While the charity scored well on having an independent board and maintaining a sound liabilities to assets ratio, it fell short in areas such as financial statements and fundraising efficiency. Overall, the charity achieved a score of 69%, reflecting both its strengths and significant weaknesses.
The organization’s accountability and financial management practices show room for enhancement, particularly in areas such as conflict of interest policies and transparency regarding financial reporting. Notably, it received low scores for its independent board size and lack of a comprehensive website presence, which could hinder donor confidence and engagement. While it has some strong governance elements, the organization must address these deficiencies.
Additionally, the fundraising efficiency ratio was quite low, indicating potential challenges in generating funds relative to expenses. This could limit the charity’s capacity to fulfill its mission effectively. Stakeholders may want to monitor Mt Hope Charities Inc closely to see how it addresses these issues moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Hope Charities Inc legitimate?
Mt Hope Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Hope Charities Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Mt Hope Charities Inc?
Mt Hope Charities Inc's mission is centered around simplifying the process for local charity and fundraising events. By depositing funds and streamlining the event management process, they aim to make life easier for individuals organizing these events. This is accomplished by eliminating the need for a separate account for each event, thereby reducing the associated administrative burdens. The organization's activities primarily focus on assisting local benefit and fundraising events.
What is the revenue of Mt Hope Charities Inc?
Mt Hope Charities Inc's revenue in 2023 was $4,753,379.
Who are the executives of Mt Hope Charities Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mt Hope Charities Inc?
Mt Hope Charities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mt Hope Charities Inc
Mt Hope Charities Inc is a nonprofit organization dedicated to simplifying the process for local benefit and fundraising events. Their mission is to make these events more manageable by centralizing funds and eliminating the requirement for a separate account for each event. By streamlining this process, they aim to make it easier for individuals or groups organizing these events, thereby reducing the associated complexities and hassles. The organization's programs are geared towards supporting these local benefit and fundraising events, providing a more seamless experience for those involved.
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Impact
July, 2024
Mt Hope Charities Inc's impact lies in its efficient and supportive approach to local benefit and fundraising events. By streamlining the process and providing assistance to organizers, it simplifies the handling of funds and eliminates the need for separate accounts for each event. This not only eases the administrative burden but also ensures that more resources and attention can be dedicated to the actual cause being supported. In doing so, Mt Hope Charities Inc effectively enhances the effectiveness and impact of these community-driven initiatives in Millersburg, OH.
This information is meant to be a general summary of Mt Hope Charities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $26,837
- Gross Receipts: $4,753,379
Assets and Liabilities:
- Total Assets: $1,536,516
- Total Liabilities: $0
- Net Assets: $1,536,516
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Organization Details
Founding Year
2017
Principal Officer
Matthew Miller
NTEE Category
Code: T30 - Philanthropy
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