Overview
What is Joseph & Katrina Hargrove Foundation Inc?
The Joseph & Katrina Hargrove Foundation Inc, located in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to supporting foreign students during their time in the United States. Their primary mission involves hosting these students and providing guidance to help them adjust to American life. By doing so, they aim to create a smoother transition and enriching experience for these students during their stay. The organization is committed to its hosting role, ensuring that foreign students can fully engage with and benefit from American culture and society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 60%, Two-Star out of Four Star rating
The Joseph & Katrina Hargrove Foundation Inc has received a mixed review, earning a two-star rating from Charity Navigator. The overall score of 60% indicates that while the organization has a strong program expense ratio of 100%, there are significant concerns regarding its governance and transparency. The lack of independent board members and missing key policies such as whistleblower and document retention policies reflects a broader issue in accountability.
Strengths of the foundation include a clean record with no material diversion of assets and a perfect score on the liabilities to assets ratio, indicating financial stability. However, the absence of a posted tax form on the nonprofit's website and a missing conflict of interest policy further undermine its transparency and governance practices. These shortcomings may raise questions among potential donors regarding the foundation's adherence to best practices in nonprofit management.
Overall, while the foundation demonstrates strong programmatic focus, the considerable gaps in governance and transparency highlighted in the rating point to areas that require improvement. Donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Joseph & Katrina Hargrove Foundation Inc legitimate?
Joseph & Katrina Hargrove Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joseph & Katrina Hargrove Foundation 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: $1,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Joseph & Katrina Hargrove Foundation Inc?
The Joseph and Katrina Hargrove Foundation's mission is centered around hosting foreign students. They provide guidance during these students' stay in the United States, aiming to help them adapt to American life effectively. The foundation's primary objective is to facilitate the hosting of foreign students, serving as a bridge between these students and their new environment.
Who is the CEO of Joseph & Katrina Hargrove Foundation Inc?
Joseph Hargrove Sr is the President of Joseph & Katrina Hargrove Foundation Inc.
What is the revenue of Joseph & Katrina Hargrove Foundation Inc?
Joseph & Katrina Hargrove Foundation Inc's revenue in 2022 was $70,300.
Who are the executives of Joseph & Katrina Hargrove Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Joseph & Katrina Hargrove Foundation Inc?
Joseph & Katrina Hargrove Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Joseph & Katrina Hargrove Foundation Inc
The Joseph & Katrina Hargrove Foundation is committed to a mission that involves hosting foreign students. This nonprofit organization extends its support to students hailing from different parts of the world, providing them with a platform to acclimate themselves to American life during their stay in Philadelphia, PA. The foundation's primary objective is to facilitate the adaptation process for these international students, thereby enriching their experience in the United States.
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Impact
August, 2024
The Joseph & Katrina Hargrove Foundation Inc's impact lies in hosting foreign students in Philadelphia, PA, and offering guidance during their stay to help them adapt to American life. With a mission focused on hosting foreign students, the foundation plays a crucial role in fostering cultural exchange and understanding. Their commitment to philanthropy is evident in their work with these students, thus contributing to cross-cultural learning and global connectivity.
This information is meant to be a general summary of Joseph & Katrina Hargrove Foundation 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 2022.
- Gross Receipts: $70,300
Assets and Liabilities:
- Total Assets: $13,777
- Total Liabilities: $0
- Net Assets: $13,777
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Organization Details
Founding Year
2018
Principal Officer
Joseph Hargrove Sr
Main Address
5958 WOODBINE AVENUE, PHILADELPHIA, PA, 19131
NTEE Category
Code: T31 - Philanthropy
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