Overview
What is Bags Of Hope?
Bags Of Hope is a nonprofit organization situated in Huntersville, North Carolina. With a single employee, their mission is to alleviate food insecurity among school children in the Lake Norman and North Charlotte, NC metropolitan area during weekends and school breaks. They achieve this by distributing weekend food bags and providing grocery store gift cards during long breaks and holidays. Throughout the school year, they serve up to 576 children weekly, offering a total of 103,765 pounds of food and 27,040 dollars in gift cards. Their primary aim is to instill hope in the community, ensuring that no child goes hungry during their time off from school.
Official website here: www.bagsofhopelkn.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating.
Bags of Hope has been awarded a Four-Star rating from Charity Navigator, signifying its strong performance in Accountability and Finance, with a score of 97%. The charity excels in several areas, including having a fully independent board and a solid program expense ratio of 93.79%, which indicates that a significant portion of its funds is directed towards its mission rather than administrative costs.
User reviews consistently highlight the organization's effectiveness and organization, particularly in providing weekend food bags to children facing food insecurity in the Lake Norman and Charlotte areas. Volunteers express admiration for the dedication and efficiency of the team, noting that Bags of Hope successfully feeds hundreds of students weekly. Many reviewers appreciate the positive community impact and the rewarding experience of volunteering, emphasizing that the charity fosters a spirit of compassion and community involvement.
While user feedback is overwhelmingly positive, one review from a volunteer rated the organization slightly lower at four stars, indicating some potential areas for improvement. Overall, the nonprofit is recognized for its commitment to addressing food insecurity and its ability to mobilize community support effectively.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Bags Of Hope legitimate?
Bags Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bags Of Hope 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: $56,810
For more financial information, click here
Official website here: www.bagsofhopelkn.com
What is the mission statement of Bags Of Hope?
Bags of Hope, as an organization, is committed to bringing hope to children facing food insecurity in the Lake Norman and North Charlotte, NC area. They achieve this by providing free weekend food provisions to these children through their backpack program and holiday grocery store gift cards. During the school year, up to 576 children benefit from this initiative, with over 103,765 pounds of food and 27,040 dollars in gift cards distributed. The mission of Bags of Hope is to alleviate the burden of food insecurity for these children, thereby enhancing their overall well-being and allowing them to focus on their education.
Official website here: www.bagsofhopelkn.com
What is the revenue of Bags Of Hope?
Bags Of Hope's revenue in 2023 was $541,481.
Official website here: www.bagsofhopelkn.com
Who are the executives of Bags Of Hope and what are their salaries?
The average compensation at Bags Of Hope during 2023 was $56,810. There is 1 employee at Bags Of Hope.
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Official website here: www.bagsofhopelkn.com
Where can I find the form 990 for Bags Of Hope?
Bags Of Hope's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bagsofhopelkn.com
Learn more at the official website: www.bagsofhopelkn.com
Mission Statement of Bags Of Hope
Bags of Hope is a nonprofit organization with a mission to bring hope to children in the Lake Norman and North Charlotte, NC area who face food insecurity. This mission is achieved through the provision of free weekend food provisions to these children. The organization operates a backpack program, distributing weekend food bags and long-break/holiday grocery store gift cards to eligible schoolchildren. During the school year, up to 576 children benefit from this program, with a total of 103,765 pounds of food and 27,040 in gift cards distributed. The goal of Bags of Hope is to alleviate the strain of food insecurity over the weekend and during school breaks, allowing these children to focus on their education and well-being.
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Impact
July, 2024
Bags Of Hope's impact is significant in the Lake Norman and North Charlotte area of North Carolina. Through their backpack program, they provide free weekend food provisions to school children facing food insecurity. Each week, up to 576 children are served during the school year, receiving a total of 103,765 pounds of food and $27,040 in gift cards. This initiative helps alleviate hunger and brings hope to families in need in the community.
This information is meant to be a general summary of Bags Of Hope. 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: $10,802
- Gross Receipts: $541,481
Assets and Liabilities:
- Total Assets: $586,711
- Total Liabilities: $59,188
- Net Assets: $527,523
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Organization Details
Founding Year
2017
Principal Officer
Ashley Nydish
Website
www.bagsofhopelkn.comNTEE Category
Code: K30 - Food
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