Overview
What is Hope's Promise Inc?
Hope's Promise Inc is a faith-based, non-profit organization, licensed by Colorado and accredited by the Council on Accreditation. Operating from Castle Rock, Colorado, they specialize in adoption services, family counseling, and support. Their adoption program encompasses intercountry, domestic, pregnancy counseling, and post-adoption support groups. In 2022, they counseled 53 expectant parents, approved home studies for 21 families, and placed 17 children for adoption. They also offer adoption education and training to professionals in the Colorado community. Their future goals involve expanding their Care Fund Program to support women experiencing unplanned pregnancies and enhancing partnerships with out-of-state placement agencies. Beyond adoptions, Hope's Promise Inc's mission lies in the Christian ministry of foster care, adoption, and orphan care, aiming to transform lives through these services.
Official website here: www.hopespromise.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Hope's Promise Inc has received an 81% score from Charity Navigator, reflecting a solid performance, particularly in the Accountability & Finance category. The charity demonstrates strong financial management and oversight, with 90% of its board members being independent and a structure that shows no material diversion of assets. Its program expense ratio of 83.62% indicates that a significant portion of its funds is directed towards its programs, which is a positive sign for potential donors.
The organization's governance practices are commendable, as evidenced by the presence of a conflict of interest policy, a whistleblower policy, and proper retention of documents, all of which contribute to transparency and accountability. The charity also maintains clear documentation of board meeting minutes, further enhancing its credibility and reliability in financial reporting.
While the rating is strong, it’s important for potential supporters to consider that the score is based solely on Accountability & Finance, with no evaluation of the programmatic impact or effectiveness reported. This means while the financial health appears robust, further scrutiny into the outcomes of its initiatives may be warranted for a complete picture. Overall, Hope's Promise Inc shows strong governance and financial health, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope's Promise Inc?
100% of 25 reviewers on Facebook recommend Hope's Promise Inc. Here is a summary of their reviews:
The overwhelming sentiment is one of gratitude and enthusiasm for the services provided by the organization. Reviewers express a deep appreciation for the nonprofit's impact, highlighting that it fulfills dreams and aspirations. The positivity surrounding the organization reflects a strong belief in its mission and the effectiveness of its programs.
Overall, the consensus showcases a community that feels supported and empowered by Hope's Promise Inc, suggesting that the nonprofit successfully delivers on its promise to help individuals and families in need.
This AI summary has been generated from reviews found on Facebook.
Is Hope's Promise Inc legitimate?
Hope's Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope's Promise 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: $97,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,390
For more financial information, click here
Official website here: www.hopespromise.com
What is the mission statement of Hope's Promise Inc?
Hope's Promise Inc's mission is centered around transforming lives through the Christian ministry of foster care, adoption, and orphan care. The organization provides various services such as intercountry adoption, domestic adoption, pregnancy counseling, and post-adoption support groups. In 2022, they counseled 53 expectant parents, approved 21 home studies for potential adoptive families, and placed 17 children for adoption. Additionally, they offered adoption education and training to 61 professionals in the Colorado community. For 2023, their goals include expanding their Care Fund Program to provide financial support to women experiencing unintended pregnancy, even if they do not choose adoption, and expanding partnerships with out-of-state placing agencies.
Official website here: www.hopespromise.com
Who is the CEO of Hope's Promise Inc?
Elizabeth Woods is the Chairman of Hope's Promise Inc.
Official website here: www.hopespromise.com
What is the revenue of Hope's Promise Inc?
Hope's Promise Inc's revenue in 2022 was $1,201,727.
Official website here: www.hopespromise.com
Who are the executives of Hope's Promise Inc and what are their salaries?
The average compensation at Hope's Promise Inc during 2022 was $41,836. There are 17 employees and 25 volunteers at Hope's Promise Inc.
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- Compensation: $95,953
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- Other: $1,876
Official website here: www.hopespromise.com
Where can I find the form 990 for Hope's Promise Inc?
Hope's Promise Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopespromise.com
Learn more at the official website: www.hopespromise.com
Mission Statement of Hope's Promise Inc
Hope's Promise Inc, a Christian, non-profit child placement agency, is committed to transforming lives through the ministry of foster care, adoption, and orphan care. Their mission is to offer a range of services aimed at making a significant impact in individuals' lives. The organization provides adoption services, including intercountry adoption, domestic adoption, pregnancy counseling, and post-adoption support groups. In 2022, they counseled 53 expectant parents about their pregnancy options, approved 21 home studies for potential adoptive families, and placed 17 children for adoption. Furthermore, Hope's Promise educated and trained 61 professionals in the Colorado community about adoption. In addition to their adoption services, they also offer family counseling and support. Their goals for 2023 include expanding their Care Fund Program to continue providing financial support to women experiencing unintended pregnancies and expanding partnerships with out-of-state placing agencies.
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Impact
July, 2024
Hope's Promise Inc has a significant impact in transforming lives through the Christian ministry of foster care, adoption, and orphan care. The organization provides adoption services, family counseling, and support to those in need. In 2022, they counseled 53 expectant parents about their pregnancy options, approved 21 home studies for potential adoptive families, and placed 17 children for adoption. Additionally, they provided adoption education and training to 61 professionals in the Colorado community. Hope's Promise Inc is dedicated to making a difference in the lives of families and children, and their goals for 2023 include expanding their care fund program to provide financial support to women experiencing unintended pregnancy and strengthening partnerships with out-of-state placing agencies.
This information is meant to be a general summary of Hope's Promise 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.
- Investment Income: $700
- Program Service Revenue: $442,353
- Gross Receipts: $1,244,368
Assets and Liabilities:
- Total Assets: $1,471,963
- Total Liabilities: $612,473
- Net Assets: $859,490
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD ADOPTION PROGRAM FEES
Revenue
$378,250
CHILD FOSTER PROGRAM FEES
Revenue
$64,103
Organization Details
Founding Year
1991
Phone
(303) 660-0277Principal Officer
Elizabeth Woods
Main Address
1585 S PERRY STREET SUITE E, CASTLE ROCK, CO, 80104
Website
www.hopespromise.comNTEE Category
Code: P70 - Human services
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