Overview
What is His Hope Ministries Inc?
His Hope Ministries Inc is a nonprofit organization situated in Denton, Maryland, with a focus on assisting families, individuals, youth, and the elderly. Their primary mission is to combat homelessness and hunger, as well as prevent potential homelessness. With a dedicated team of 14 employees, His Hope Ministries Inc offers hope and living solutions, working tirelessly to help those in need. Their activities and mission are centered around supporting families in overcoming adversity and finding stability.
Official website here: www.hishopeministries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%
His Hope Ministries Inc has received an overall score of 88%, which translates to a Three-Star out of Four Star rating. This score is exclusively derived from its Accountability & Finance metrics, indicating a strong focus on financial oversight and responsible management. The charity boasts a fully independent board with eight members, and it excels in areas such as financial statement reviews and material diversion of assets.
However, while His Hope Ministries performs well in many areas, there are notable gaps in its policies. Specifically, it lacks a whistleblower policy, document retention and destruction policy, and has not posted its tax form on its website. These omissions may raise concerns regarding transparency and governance practices, even as the organization maintains a solid program expense ratio of nearly 80%, suggesting a strong commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is His Hope Ministries Inc legitimate?
His Hope Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. His Hope Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,797
For more financial information, click here
Official website here: www.hishopeministries.org
What is the mission statement of His Hope Ministries Inc?
His Hope Ministries Inc's mission is centered around assisting families, individuals, youth, and the elderly in overcoming homelessness, hunger, and the risk of becoming homeless. The organization's primary objective is to provide hope and support to those in need, helping them to lead fulfilling lives. Their mission includes aiding families in navigating through their struggles, offering them the resources necessary to combat these challenges effectively. The organization's activities are geared towards combating homelessness, ensuring that individuals and families have access to basic necessities and preventing potential instances of homelessness.
Official website here: www.hishopeministries.org
Who is the CEO of His Hope Ministries Inc?
Stefanie Johnson is the President of His Hope Ministries Inc.
Official website here: www.hishopeministries.org
What is the revenue of His Hope Ministries Inc?
His Hope Ministries Inc's revenue in 2022 was $620,327.
Official website here: www.hishopeministries.org
Who are the executives of His Hope Ministries Inc and what are their salaries?
The average compensation at His Hope Ministries Inc during 2022 was $24,843. There are 14 employees and 10 volunteers at His Hope Ministries Inc.
Here are 10 key members and their salaries:
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- Compensation: $39,511
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- Other: $0
Official website here: www.hishopeministries.org
Where can I find the form 990 for His Hope Ministries Inc?
His Hope Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hishopeministries.org
Learn more at the official website: www.hishopeministries.org
Mission Statement of His Hope Ministries Inc
His Hope Ministries Inc is dedicated to aiding families, individuals, youth, and the elderly in overcoming homelessness, hunger, and the risk of becoming homeless. The organization's mission is multifaceted, encompassing efforts to combat these challenges head-on. By providing assistance, His Hope Ministries Inc strives to offer families a newfound hope for a better life. The organization's primary objective is to help individuals and families in need regain their footing and rebuild their lives, ensuring a more secure and stable future.
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Impact
July, 2024
His Hope Ministries Inc has a significant impact in Denton, MD by helping families fight homelessness and find living hope. They work tirelessly to support individuals, youth, and the elderly in overcoming homelessness, hunger, and potential homelessness. Through their mission of providing housing assistance and support services, His Hope Ministries Inc is making a positive difference in the lives of those in need in their community.
This information is meant to be a general summary of His Hope Ministries 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: $27
- Program Service Revenue: $19,841
- Gross Receipts: $620,327
Assets and Liabilities:
- Total Assets: $38,491
- Total Liabilities: $0
- Net Assets: $38,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSITIONAL HOUSING RENT
Revenue
$19,841
Organization Details
Founding Year
2019
Phone
(443) 448-7297Principal Officer
Stefanie Johnson
Main Address
105 GAY STREET, DENTON, MD, 21629
Website
www.hishopeministries.orgNTEE Category
Code: L80 - Housing
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