Overview
What is Building Hope Summit County?
Building Hope Summit County is a community-focused nonprofit organization based in Frisco, Colorado. Established with the mission to create a more coordinated, effective, and responsive mental health system, it aims to foster emotional health, reduce stigma, and enhance access to care and support for everyone in the county. Since its inception, Building Hope Summit County has awarded 1,500 therapy scholarships, credentialed 40 therapists to accept insurance, and funded over 8,500 one-hour therapy sessions. With a dedicated workforce of 10 individuals, the organization serves as a pivotal player in the local mental health landscape, working tirelessly to improve accessibility and reduce barriers to mental health support in Summit County.
Official website here: www.buildinghopesummit.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Building Hope Summit County has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The organization excels in various financial metrics, with an impressive program expense ratio of 81.39%, suggesting that a significant portion of its funds is directed towards its mission-related activities. Additionally, the nonprofit boasts a fully independent board, which is crucial for maintaining strong governance.
While the organization demonstrates strong financial oversight, it has some areas needing improvement. Notably, Building Hope Summit County lacks a conflict of interest policy and a whistleblower policy, which are critical components for ensuring transparency and ethical conduct within the organization. Despite these gaps, the absence of asset diversion and a well-maintained audit and oversight committee reflect positively on its operational integrity.
Overall, Building Hope Summit County is performing well in its financial management and governance, making it a reliable option for potential donors. However, addressing the identified policy deficiencies could further enhance its credibility and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Building Hope Summit County legitimate?
Building Hope Summit County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Hope Summit County 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:
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Other Salaries and Wages: $416,498
For more financial information, click here
Official website here: www.buildinghopesummit.com
What is the mission statement of Building Hope Summit County?
Building Hope is a community-wide initiative designed to establish a more coordinated, effective, and responsive mental health system. The goal is to promote emotional health, reduce stigma, and improve access to care and support for everyone. Since its inception, it has awarded over 1,500 therapy scholarships, credentialed 40 therapists to accept insurance, and funded 8,500 one-hour therapy sessions. The primary objective is to create a comprehensive mental health system that caters to the needs of all individuals in the community.
Official website here: www.buildinghopesummit.com
What is the revenue of Building Hope Summit County?
Building Hope Summit County's revenue in 2023 was $2,150,630.
Official website here: www.buildinghopesummit.com
Who are the executives of Building Hope Summit County and what are their salaries?
The average compensation at Building Hope Summit County during 2023 was $34,708. There are 12 employees and 75 volunteers at Building Hope Summit County.
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Official website here: www.buildinghopesummit.com
Where can I find the form 990 for Building Hope Summit County?
Building Hope Summit County's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.buildinghopesummit.com
Learn more at the official website: www.buildinghopesummit.com
Mission Statement of Building Hope Summit County
Building Hope Summit County is a community-driven initiative aimed at establishing a more coordinated, effective, and responsive mental health system. This initiative strives to promote emotional health, reduce stigma, and enhance access to care and support for everyone within the community. The ultimate goal is to create a system that is more responsive to the mental health needs of all individuals, thereby improving the overall well-being of the community.
Since its inception, Building Hope has made significant strides in achieving its mission. It has awarded over 1,500 therapy scholarships, ensuring that more individuals can access mental health support. Furthermore, it has credentialed 40 therapists to accept insurance, making therapy more accessible and affordable for a wider range of people. Additionally, Building Hope has funded 8,500 one-hour therapy sessions, demonstrating its commitment to providing mental health care to those in need.
In essence, Building Hope Summit County is a beacon of hope for those seeking mental health support. By reducing stigma, improving access to care, and promoting emotional health, it aims to create a community where everyone has the opportunity to thrive.
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Impact
June, 2024
Building Hope Summit County's impact can be seen in the transformation of Summit County's mental health system. Through its initiatives, it has awarded 1,500 therapy scholarships, credentialed 40 therapists to accept insurance, and funded 8,500 one-hour therapy sessions. This has significantly improved access to care and support for the community, promoted emotional health, and reduced stigma surrounding mental health issues in Summit County.
This information is meant to be a general summary of Building Hope Summit County. 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: $4,670
- Program Service Revenue: $225,417
- Gross Receipts: $2,160,623
Assets and Liabilities:
- Total Assets: $652,931
- Total Liabilities: $278,048
- Net Assets: $374,883
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Contra
Revenue
$225,417
Organization Details
Founding Year
2019
Principal Officer
Tim Casey
Website
www.buildinghopesummit.comNTEE Category
Code: F30 - Mental health
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