Overview
What is Hope To Opportunities Foundation?
Hope To Opportunities Foundation is a nonprofit organization situated in Amarillo, Texas. Their primary mission is to raise funds for ADVO Companies, Inc., with the aim of ensuring a stable and secure source of financing. This financial support is instrumental in providing meaningful and productive employment opportunities, as well as a safe living environment, for individuals with disabilities. The foundation's activities are focused on securing funding for ADVO Companies, Inc., thereby empowering and enabling those with disabilities to lead fulfilling and independent lives.
Official website here: www.htofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%
The Hope To Opportunities Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. With an overall score of 29%, the organization struggles particularly in the areas of financial statements and program expense ratio, both critical for assessing operational effectiveness. While the foundation has a majority of independent board members, the absence of key policies such as conflict of interest and whistleblower protections raises questions about governance practices.
Strengths include a solid structure in terms of board independence, as well as no reported material diversion of assets, which indicates that funds are likely being managed appropriately in this regard. However, the charity's failure to provide financial statements and post its tax form on its website contributes to a lack of transparency that could deter potential donors and supporters. The liability to assets ratio also highlights potential financial vulnerabilities.
Overall, the Hope To Opportunities Foundation's low rating reflects serious deficiencies in financial accountability and operational transparency, which are essential for building trust with stakeholders. Addressing these limitations could enhance the foundation's credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope To Opportunities Foundation?
94% of reviewers on Facebook recommend the Hope To Opportunities Foundation. Here is a summary of their reviews:
Many commenters express their appreciation for the foundation's impactful work within the community. Carla and her staff receive particular praise for their dedication and effectiveness in providing support. The sentiment conveyed highlights that the organization meets a critical need in the area, with supporters feeling grateful for the assistance they receive.
Overall, it’s clear that the Hope To Opportunities Foundation is making a positive impression, with many expressing satisfaction and gratitude for the services offered. The commitment shown by the team resonates well with those they serve, reinforcing the foundation's mission within the community.
This AI summary has been generated from reviews found on Facebook.
Is Hope To Opportunities Foundation legitimate?
Hope To Opportunities Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope To Opportunities Foundation 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: $87,000
For more financial information, click here
Official website here: www.htofoundation.org
What is the mission statement of Hope To Opportunities Foundation?
The Hope To Opportunities Foundation's mission is to establish a reliable and sustainable financial support system for Advocacy Companies, Inc. This objective is driven by the desire to offer meaningful and productive employment opportunities and ensure a safe living environment for individuals with disabilities. The foundation achieves this mission through fundraising efforts.
Official website here: www.htofoundation.org
Who is the CEO of Hope To Opportunities Foundation?
Carla Hughes is the President of Hope To Opportunities Foundation.
Official website here: www.htofoundation.org
What is the revenue of Hope To Opportunities Foundation?
Hope To Opportunities Foundation's revenue in 2022 was $838,497.
Official website here: www.htofoundation.org
Who are the executives of Hope To Opportunities Foundation and what are their salaries?
The average compensation at Hope To Opportunities Foundation during 2022 was $87,000. There is 1 employee at Hope To Opportunities Foundation.
Here are 9 key members and their salaries:
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Official website here: www.htofoundation.org
Where can I find the form 990 for Hope To Opportunities Foundation?
Hope To Opportunities Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.htofoundation.org
Learn more at the official website: www.htofoundation.org
Mission Statement of Hope To Opportunities Foundation
Hope To Opportunities Foundation is committed to providing a reliable and stable financial support system for ADVO Companies, Inc. Their primary objective is to utilize this funding to offer meaningful and productive employment opportunities, as well as a secure living environment, to individuals with disabilities. By doing so, the foundation aims to enhance their overall quality of life and promote their independence.
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Impact
July, 2024
Hope To Opportunities Foundation's impact is centered on providing a stable and secure source of funding for Advo Companies, Inc. This support enables Advo Companies to offer meaningful and productive employment opportunities, as well as a safe living environment, to individuals with disabilities in Amarillo, TX. Through fundraising efforts dedicated to this mission, the foundation contributes to improving the lives of persons with disabilities and promoting inclusivity and empowerment within the community.
This information is meant to be a general summary of Hope To Opportunities Foundation. 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: $32,803
- Program Service Revenue: $302,731
- Gross Receipts: $838,497
Assets and Liabilities:
- Total Assets: $4,562,467
- Total Liabilities: $16,720
- Net Assets: $4,545,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND RAISING EVENTS
Revenue
$302,731
Organization Details
Founding Year
2017
Phone
(806) 353-5868Principal Officer
Carla Hughes
Main Address
5241 S WASHINGTON ST, AMARILLO, TX, 791103539
Website
www.htofoundation.orgNTEE Category
Code: T31 - Philanthropy
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