Overview
What is Sioux Falls Hope Coalition?
Sioux Falls Hope Coalition is a nonprofit organization based in Sioux Falls, South Dakota, specifically at 2601 S Minnesota Ave Suite 105. Their primary mission is to bridge the achievement gap in the community by ensuring every child has an opportunity to attend preschool. They achieve this by connecting children currently on a waiting list or whose families do not meet income guidelines for subsidized preschool, yet cannot afford private preschool tuition, into existing, high-quality preschool programs. The Coalition operates with a team of three dedicated individuals, working tirelessly to make a difference in the lives of young children.
Official website here: www.sfhopecoalition.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Sioux Falls Hope Coalition has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to transparency and accountability. This score is derived entirely from its Accountability & Finance rating, which stands at 96%. The charity's solid financial practices and governance structures support its operations and mission.
The organization demonstrates excellence in various areas, including having a fully independent board and maintaining high standards in financial reporting and audits. Notably, it has received top scores in critical metrics such as program expense ratio, indicating that a significant portion of its funds directly supports its programs and services. The successful implementation of policies related to conflict of interest, whistleblower protections, and document retention further underscores its dedication to ethical management.
While the financial health indicators are strong, the summary does not provide insights into the charity's programmatic effectiveness or impact on the community it serves. Despite this limitation, the strong accountability metrics suggest that Sioux Falls Hope Coalition is well-managed and prioritizes responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Sioux Falls Hope Coalition legitimate?
Sioux Falls Hope Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sioux Falls Hope Coalition 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: $80,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,223
For more financial information, click here
Official website here: www.sfhopecoalition.org
What is the mission statement of Sioux Falls Hope Coalition?
The Sioux Falls Hope Coalition focuses on addressing the achievement gap in the community by implementing a straightforward strategy. They strive to provide every child with an opportunity to attend preschool, ensuring no child is left behind due to financial constraints or being on a waiting list. The organization works towards connecting children whose families do not meet the income guidelines for subsidized preschool and cannot afford private preschool tuition with existing, high-quality preschool programs.
Official website here: www.sfhopecoalition.org
Who is the CEO of Sioux Falls Hope Coalition?
Amy Benda is the Executive Director of Sioux Falls Hope Coalition.
Official website here: www.sfhopecoalition.org
What is the revenue of Sioux Falls Hope Coalition?
Sioux Falls Hope Coalition's revenue in 2023 was $1,026,287.
Official website here: www.sfhopecoalition.org
Who are the executives of Sioux Falls Hope Coalition and what are their salaries?
The average compensation at Sioux Falls Hope Coalition during 2023 was $46,177. There are 3 employees and 11 volunteers at Sioux Falls Hope Coalition.
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- Compensation: $78,500
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Official website here: www.sfhopecoalition.org
Where can I find the form 990 for Sioux Falls Hope Coalition?
Sioux Falls Hope Coalition's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sfhopecoalition.org
Learn more at the official website: www.sfhopecoalition.org
Mission Statement of Sioux Falls Hope Coalition
Sioux Falls Hope Coalition is an organization that aims to bridge the achievement gap within their community by ensuring that every child has the opportunity to attend preschool. To accomplish this, the coalition connects children currently on a waiting list or whose families do not meet the income guidelines for subsidized preschool, yet cannot afford private preschool tuition, into existing, high-quality preschool programs. By doing so, the Sioux Falls Hope Coalition strives to provide equal educational opportunities for all children, thereby contributing to a more equitable future for the community.
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Impact
July, 2024
Sioux Falls Hope Coalition has a significant impact on narrowing the achievement gap in the community by ensuring that every child has the opportunity to attend preschool. By connecting children who are on waiting lists or whose families do not meet income guidelines for subsidized preschool but cannot afford private preschool tuition into existing high-quality preschool programs, the coalition is making a positive difference in the lives of these children. This effort directly contributes to improving educational outcomes and providing a solid foundation for the future success of these children.
This information is meant to be a general summary of Sioux Falls Hope Coalition. 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: $12,666
- Gross Receipts: $1,027,300
Assets and Liabilities:
- Total Assets: $1,322,338
- Total Liabilities: $5,372
- Net Assets: $1,316,966
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Organization Details
Founding Year
2017
Phone
(605) 595-3344Principal Officer
Amy Benda
Main Address
2601 S MINNESOTA AVE SUITE 105, SIOUX FALLS, SD, 57105
Website
www.sfhopecoalition.orgNTEE Category
Code: P12 - Human services
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