Overview
What is Hope For Children Foundation?
Hope For Children Foundation is a nonprofit organization headquartered in Denver, Colorado. Their primary mission is to support Santa Maria del Mexicano IAP Orphanage in Colon, Mexico, by funding capital improvements and certain expenses. This orphanage provides a home and care for children in need. The foundation's work focuses on enhancing the living conditions and facilities at the orphanage to better serve its residents. The organization's dedication to this cause contributes significantly to the well-being of children in Mexico.
Official website here: www.hopeforchildren.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Hope For Children Foundation received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score is a reflection of the organization's commitment to maintaining a trustworthy operation, as it achieved a perfect score in several areas, including having a majority of independent board members and no material diversion of assets.
The foundation scored well in financial management, with a notable program expense ratio of 98.56%, suggesting that the vast majority of its funds are directed towards its charitable programs. However, the organization does have some areas for improvement. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which may raise concerns regarding governance practices.
While the overall accountability score of 76 indicates that there are positive aspects to the foundation, the missing policies could potentially undermine the organization's transparency and risk management efforts. Overall, the Hope For Children Foundation demonstrates strengths in financial stewardship but should address its governance gaps to enhance its credibility further.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For Children Foundation legitimate?
Hope For Children Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Children Foundation 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.
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Official website here: www.hopeforchildren.net
What is the mission statement of Hope For Children Foundation?
The Hope For Children Foundation's mission is centered around providing necessary improvements and selected expenses to the Santa Maria del Mexicano IAP Orphanage located in Colon, Mexico. Their primary goal is to contribute to the betterment of this orphanage, ensuring it can continue to provide a safe and nurturing environment for its children. The foundation's activities are focused on enhancing the infrastructure and addressing specific needs of the orphanage, thereby contributing to its overall well-being.
Official website here: www.hopeforchildren.net
What is the revenue of Hope For Children Foundation?
Hope For Children Foundation's revenue in 2023 was $70,269.
Official website here: www.hopeforchildren.net
Who are the executives of Hope For Children Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.hopeforchildren.net
Where can I find the form 990 for Hope For Children Foundation?
Hope For Children Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopeforchildren.net
Learn more at the official website: www.hopeforchildren.net
Mission Statement of Hope For Children Foundation
Hope For Children Foundation, as its mission statement suggests, is dedicated to enhancing the living conditions and providing essential expenses for the Santa Maria del Mexicano IAP Orphanage situated in Colon, Mexico. The organization's primary objective is to invest in capital improvements and select expenses for this orphanage, aiming to improve the overall environment and well-being of the children under its care. By providing the necessary resources, Hope For Children Foundation seeks to create a more conducive environment for the orphans, ensuring they receive a better quality of life.
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Impact
October, 2024
Hope For Children Foundation has made a significant impact by facilitating essential capital improvements and funding specific expenses for the Santa Maria del Mexicano IAP orphanage located in Colón, Mexico. This support enhances the living conditions and overall quality of care for children, promoting their well-being and development. By focusing on both infrastructure and operational needs, the foundation helps create a safer and more nurturing environment for vulnerable youth, ensuring they have access to vital resources and services. This commitment fosters stability and hope for the children at the orphanage, empowering them to thrive despite their challenging circumstances.
This information is meant to be a general summary of Hope For Children Foundation. 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: $10,862
- Gross Receipts: $107,874
Assets and Liabilities:
- Total Assets: $766,055
- Total Liabilities: $0
- Net Assets: $766,055
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Organization Details
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