Overview
What is The Walter Hive?
The Walter Hive is a nonprofit organization situated in Scottsdale, Arizona, with a dedicated team of five individuals. Their primary mission is to support underserved communities by offering educational programs and direct services. They specifically focus on assisting organizations that cater to populations at risk, as well as individuals with chronic illnesses or disabilities. Approximately half of their operating budget is invested in these programs, aiming to positively impact the Arizona community. The Walter Hive's unique approach lies in empowerment through creative expression, particularly in art and technology. Their ultimate goal is to inspire resilience in the chronically ill and provide opportunities for skill development in career exploration through arts and STEM education.
Official website here: www.thewalterhive.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Walter Hive has achieved an impressive 97% rating from Charity Navigator, signifying a high level of accountability and financial health. The organization scored a perfect 100% in various categories, including having a fully independent board, which demonstrates strong governance. Additionally, there have been no issues regarding the diversion of assets, showcasing a commitment to ethical practices.
The charity's fiscal responsibility is highlighted by a program expense ratio of 75.06%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. This focus on effective program delivery reflects positively on its overall mission and impact in the community.
Transparency measures are well in place, as evidenced by the presence of essential policies such as conflict of interest and whistleblower protocols. Overall, The Walter Hive exemplifies strong financial integrity and operational transparency, though specific programmatic outcomes or community feedback were not assessed in the rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Walter Hive legitimate?
The Walter Hive is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Walter Hive 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: $75,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,246
For more financial information, click here
Official website here: www.thewalterhive.org
What is the mission statement of The Walter Hive?
The Walter Hive's mission is centered around empowerment, specifically through the creative expression of art and technology. The organization aims to gift this empowerment to as many individuals as possible, helping them realize their capacity to transform their world. They accomplish this goal by offering educational programs and direct services to support underserved communities, focusing on populations at risk. Furthermore, The Walter Hive collaborates with organizations that cater to individuals with chronic illnesses or physical disabilities, investing over half of their operating budget into these necessary programs. Their primary objectives with these populations include fostering positive outcomes and resilience for the chronically ill, as well as mentoring in career exploration through arts and STEM education.
Official website here: www.thewalterhive.org
What is the revenue of The Walter Hive?
The Walter Hive's revenue in 2023 was $123,495.
Official website here: www.thewalterhive.org
Who are the executives of The Walter Hive and what are their salaries?
The average compensation at The Walter Hive during 2023 was $30,259. There are 4 employees and 100 volunteers at The Walter Hive.
Here are 9 key members and their salaries:
- Compensation: $72,692
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- Other: $3,098
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- Other: $0
Official website here: www.thewalterhive.org
Where can I find the form 990 for The Walter Hive?
The Walter Hive's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thewalterhive.org
Learn more at the official website: www.thewalterhive.org
Mission Statement of The Walter Hive
The Walter Hive, an organization dedicated to empowerment, aims to gift individuals with the sense of capability to transform their world through the creative expression of art and technology. Its mission is deeply rooted in the belief that this empowerment can be achieved through educational programs and direct services. The Hive partners with community organizations serving underserved populations, particularly those at risk and those with chronic illnesses or disabilities. The organization invests over half of its operating budget into these programs, aiming to provide positive outcomes, such as building resilience for the chronically ill, and mentorship in career exploration through arts and STEM education.
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Impact
October, 2024
The Walter Hive significantly impacts underserved communities by empowering individuals through creative expression in art and technology. Its educational programs and direct services cater specifically to at-risk populations, particularly those facing chronic illnesses or physical disabilities. By investing over 50% of its operating budget into these vital initiatives, The Walter Hive actively contributes to positive outcomes, fostering resilience among the chronically ill and providing mentorship that aids in career exploration within arts and STEM fields.
Located in Scottsdale, Arizona, The Walter Hive not only uplifts individuals but also strengthens community support networks by collaborating with local organizations addressing critical needs. Through its commitment to art and technology as vehicles for change, The Hive helps individuals discover their potential, ultimately enhancing their capacity to transform their own lives and the world around them.
This information is meant to be a general summary of The Walter Hive. 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: $6,092
- Program Service Revenue: $70,988
- Gross Receipts: $224,170
Assets and Liabilities:
- Total Assets: $284,204
- Total Liabilities: $1,069
- Net Assets: $283,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKSHOPS CLASSES
Revenue
$70,988
Organization Details
Founding Year
2017
Principal Officer
Dianne Hawes
Website
www.thewalterhive.orgNTEE Category
Code: A25 - Arts
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