Overview
What is The Hope Institute?
The Hope Institute is a 501(c)(3) nonprofit organization based in Mountain Brook, Alabama, with a focus on promoting character development in students. In collaboration with Samford University's Orlean Beeson School of Education, it partners with schools across Alabama to implement best practices. The Hope Institute's flagship initiative, Hope Leadership Academy, is a three-year program tailored for K-12 schools. It encourages administrators and educators to build a character-centric school culture, offering workshops, on-site consultations, and networking opportunities with other leaders. The Academy inspires transformative change through learning from character education experts, school visits, and customized character development plans. By applying these strategies, every participating school can positively impact its unique community.
Official website here: www.hopeinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Hope Institute has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score stems from a strong accountability and finance score of 77%, suggesting that the organization is generally well-managed and transparent in its financial practices.
Strengths highlighted in the evaluation include the presence of a majority independent board and a high program expense ratio of 87.90%, which indicates that a significant portion of their funds is directed towards their programs rather than administrative costs. Additionally, the organization scores well in areas such as conflict of interest policies and document retention, which further enhances its credibility.
However, the analysis notes a limitation in the absence of a whistleblower policy, which scored zero out of four points. This gap may raise concerns regarding the internal oversight and reporting mechanisms within the organization. Overall, while The Hope Institute demonstrates strong accountability, addressing the noted weaknesses could help improve its overall rating and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is The Hope Institute legitimate?
The Hope Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hope Institute 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: $227,456
For more financial information, click here
Official website here: www.hopeinstitute.org
What is the mission statement of The Hope Institute?
The Hope Institute, as a 501(c)(3) organization, collaborates with Samford University's Orlean Beeson School of Education to promote the best practices for fostering good character in students within Alabama's schools. Its primary mission is to facilitate this partnership, aiming to instill character development in students through its flagship initiative, the Hope Leadership Academy. This program is available to K-12 schools in Alabama and encourages transformational change by providing administrators and educators with the tools to establish a character-centric school culture. The process involves learning from leading character education experts, focusing on the unique culture of each school, designing character development plans, and networking with other school leaders. The Hope Leadership Academy offers day-long workshops and on-site consulting to tailor the strategies to each school's specific needs and demographics, thereby leading to the implementation of new, effective character development methods.
Official website here: www.hopeinstitute.org
Who is the CEO of The Hope Institute?
Patricia Simpson is the Principal Officer of The Hope Institute.
Official website here: www.hopeinstitute.org
What is the revenue of The Hope Institute?
The Hope Institute's revenue in 2022 was $892,392.
Official website here: www.hopeinstitute.org
Who are the executives of The Hope Institute and what are their salaries?
The average compensation at The Hope Institute during 2022 was $75,819. There are 3 employees and 2 volunteers at The Hope Institute.
Here are 6 key members and their salaries:
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Official website here: www.hopeinstitute.org
Where can I find the form 990 for The Hope Institute?
The Hope Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeinstitute.org
Learn more at the official website: www.hopeinstitute.org
Mission Statement of The Hope Institute
The Hope Institute, a 501(c)(3) organization, collaborates with Samford University's Orlean Beeson School of Education to share effective strategies for fostering good character development in students across Alabama's schools. At its core, The Hope Institute's mission is to help educational institutions implement best practices that nurture students into individuals of strong character.
The flagship initiative of The Hope Institute is the Hope Leadership Academy. This three-year program aims to instigate transformative change in schools by guiding administrators and educators in establishing a character-driven school culture. Through this program, participants gain access to renowned character education leaders, tailor character development plans for their specific school, visit schools that have successfully implemented character programs, and network with other school leaders. This customized approach allows every participating school to implement new strategies in a manner that best fits their unique setting. The Hope Institute achieves this through a combination of day-long workshops and on-site consulting, which takes into account the specific needs and demographics of each school community.
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Impact
July, 2024
The Hope Institute's impact is significant in partnering with schools in Alabama to develop students into people of character through their flagship initiative, the Hope Leadership Academy. This program engages K-12 schools in a transformative three-year process that focuses on building a character-focused school culture. By providing workshops, on-site consulting, and networking opportunities, The Hope Institute assists schools in implementing new strategies tailored to their specific needs and demographics. This approach effectively equips schools with the tools and practices necessary to cultivate good character in students, ultimately making a positive impact on the educational landscape in Alabama.
This information is meant to be a general summary of The Hope Institute. 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 2022.
- Investment Income: $65
- Program Service Revenue: $267,850
- Gross Receipts: $892,392
Assets and Liabilities:
- Total Assets: $606,851
- Total Liabilities: $35,150
- Net Assets: $571,701
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Academy Fee Income
Revenue
$267,850
Organization Details
Founding Year
2017
Phone
(205) 726-4240Principal Officer
Patricia Simpson
Main Address
PO Box 530491, Mountain Brook, AL, 35253
Website
www.hopeinstitute.orgNTEE Category
Code: P20 - Human services
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