Overview
What is Seeds Of Hope Of Northern Colorado Inc?
Seeds of Hope of Northern Colorado Inc, based in Denver, Colorado, is a nonprofit organization dedicated to making quality Catholic education financially accessible to low-income families. Their primary mission is to foster intellectual, mental, physical, and spiritual growth in children by providing scholarships for them to attend Catholic K-8 schools within the Archdiocese of Denver. The organization, with a team of four employees, aims to break the cycle of poverty for these families by offering scholarships for a transformative Catholic education. The scholarships provided by Seeds of Hope play a crucial role in bridging the opportunity gap for low-income families seeking quality education for their children.
Official website here: www.seedsofhopedenver.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Seeds of Hope of Northern Colorado Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization boasts a perfect score in several key areas, including an independent board with 83% of its members being independent, and it has shown no material diversion of assets. This high rating underscores the charity's transparency and responsible management of resources.
Financially, Seeds of Hope demonstrates impressive efficiency, with a program expense ratio of 83.39%, indicating that a significant portion of its funding is directed towards its mission of providing Catholic education to economically disadvantaged children. The organization also exhibits excellent fundraising efficiency and a healthy working capital ratio, suggesting it is well-positioned for financial sustainability and impact.
Despite these strengths, the organization has set ambitious strategic goals, including assisting 1,000 students with tuition and fostering community support through fundraising events. It remains adaptable in the face of external challenges, showcasing investment in leadership development and community engagement. Overall, Seeds of Hope represents a strong option for donors seeking to support effective educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Seeds Of Hope Of Northern Colorado Inc legitimate?
Seeds Of Hope Of Northern Colorado Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seeds Of Hope Of Northern Colorado 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: $136,464
Professional Fundraising Fees: $207,100
Other Salaries and Wages: $169,653
For more financial information, click here
Official website here: www.seedsofhopedenver.org
What is the mission statement of Seeds Of Hope Of Northern Colorado Inc?
The mission of Seeds of Hope of Northern Colorado Inc. is centered around making transformative Catholic education financially accessible to any family who seeks it, with the aim of cultivating both minds and hearts for Christianity. This organization provides scholarships to low-income families, enabling their children to attend a Catholic K-8 school within the Archdiocese of Denver. By offering this opportunity, Seeds of Hope aims to bridge the gap for families striving to break the cycle of poverty while providing a quality educational environment that fosters a student's intellectual, mental, physical, and spiritual growth.
Official website here: www.seedsofhopedenver.org
Who is the CEO of Seeds Of Hope Of Northern Colorado Inc?
Patricia Sullivan is the Exe. Directo of Seeds Of Hope Of Northern Colorado Inc.
Official website here: www.seedsofhopedenver.org
What is the revenue of Seeds Of Hope Of Northern Colorado Inc?
Seeds Of Hope Of Northern Colorado Inc's revenue in 2023 was $4,890,511.
Official website here: www.seedsofhopedenver.org
Who are the executives of Seeds Of Hope Of Northern Colorado Inc and what are their salaries?
The average compensation at Seeds Of Hope Of Northern Colorado Inc during 2023 was $76,529. There are 4 employees and 25 volunteers at Seeds Of Hope Of Northern Colorado Inc.
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- Compensation: $121,218
- Related: $9,000
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Official website here: www.seedsofhopedenver.org
Where can I find the form 990 for Seeds Of Hope Of Northern Colorado Inc?
Seeds Of Hope Of Northern Colorado Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.seedsofhopedenver.org
Learn more at the official website: www.seedsofhopedenver.org
Mission Statement of Seeds Of Hope Of Northern Colorado Inc
Seeds of Hope of Northern Colorado, Inc., is dedicated to cultivating the minds and hearts of children by making transformative Catholic education financially accessible to any family who seeks it. The organization's mission is to bridge the opportunity gap for low-income families, enabling them to choose high-quality Catholic schools that foster their children's intellectual, mental, physical, and spiritual growth. By providing Hope Scholarships, Seeds of Hope aims to help these families break the cycle of poverty, thereby contributing to the overall development of the next generation. The organization's mission is not just about providing financial aid but also about making Catholic education accessible to a broader range of families, thereby enhancing the diversity and richness of the learning environment.
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Impact
July, 2024
Seeds Of Hope Of Northern Colorado Inc's impact lies in cultivating minds and hearts for Christ by making transformative Catholic education financially accessible to any family seeking it. Through their Hope Scholarships, they address the opportunity gap for low-income families, offering children the chance to attend quality Catholic K-8 schools within the Archdiocese of Denver. By nurturing students' intellectual, mental, physical, and spiritual growth, Seeds Of Hope is helping break the cycle of poverty and providing a pathway to a brighter future for these families.
This information is meant to be a general summary of Seeds Of Hope Of Northern Colorado 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: $83,722
- Gross Receipts: $5,021,623
Assets and Liabilities:
- Total Assets: $5,348,644
- Total Liabilities: $46,717
- Net Assets: $5,301,927
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Organization Details
Founding Year
2017
Phone
(303) 715-3127Principal Officer
Patricia Sullivan
Main Address
1300 S STEELE STREET, DENVER, CO, 80210
Website
www.seedsofhopedenver.orgNTEE Category
Code: X12 - Religion related
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