Overview
What is Our Lady Of Hope Inc?
Our Lady of Hope Inc is a nonprofit organization, primarily driven by the Roman Catholic community in Louisiana and Mississippi. Their main mission is to construct and operate a shrine dedicated to Our Lady, aiming to educate families in the teachings and traditions of the Mother Church. The organization provides accommodations for overnight retreats, seminars, contemplative discernments, and personal prayer. Their grounds are adorned with various gardens, designed to foster a deeper understanding and wisdom of the Catholic faith. With a team of 4 employees, Our Lady of Hope Inc offers a serene and spiritual environment for individuals seeking solace and growth in their religious journey.
Official website here: www.ourladyofhopems.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Our Lady Of Hope Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 82% in Accountability & Finance. This rating indicates a strong commitment to transparency and responsible financial management, showcasing the charity's dedication to ensuring that funds are utilized effectively to support its mission.
The organization has excelled in several key areas, including having a fully independent board and a high program expense ratio of 82.89%. Additionally, it has demonstrated strong practices in governance, such as documenting board meeting minutes and distributing tax forms to board members prior to filing. These factors contribute to the charity's robust financial health and accountability.
However, one notable limitation is its fundraising efficiency, which scored $0.00, suggesting that the charity may not be actively engaging in fundraising efforts or may need to reassess its strategies in this area. While this does not detract from its overall effectiveness, it may present challenges in sustaining long-term operational funding.
This AI summary has been generated from information found on Charity Navigator.
Is Our Lady Of Hope Inc legitimate?
Our Lady Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Hope 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: $197,050
For more financial information, click here
Official website here: www.ourladyofhopems.com
What is the mission statement of Our Lady Of Hope Inc?
Our Lady of Hope Inc, founded by members of the Roman Catholic community in Louisiana and Mississippi, aims to build and design a shrine in honor of Our Lady. Their primary goal is to educate families about the teachings and traditions of the Mother Church. The extensive gardens on the grounds are meant to foster a deeper understanding and wisdom of the Catholic faith. The shrine will also provide opportunities for individuals to participate in retreats, seminars, contemplative discernments, or simply spend time in prayer and reflection.
Official website here: www.ourladyofhopems.com
What is the revenue of Our Lady Of Hope Inc?
Our Lady Of Hope Inc's revenue in 2023 was $2,380,370.
Official website here: www.ourladyofhopems.com
Who are the executives of Our Lady Of Hope Inc and what are their salaries?
The average compensation at Our Lady Of Hope Inc during 2023 was $39,410. There are 5 employees at Our Lady Of Hope Inc.
Here are 7 key members and their salaries:
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Official website here: www.ourladyofhopems.com
Where can I find the form 990 for Our Lady Of Hope Inc?
Our Lady Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ourladyofhopems.com
Learn more at the official website: www.ourladyofhopems.com
Mission Statement of Our Lady Of Hope Inc
Our Lady of Hope Inc, driven by love for God and guided by the Roman Catholic community in Louisiana and Mississippi, aims to construct and design a shrine dedicated to Our Lady. The organization's primary goal is to educate families in the teachings and traditions of the Mother Church. The shrine's grounds are filled with numerous gardens, each serving as a reflection of the wisdom and understanding of the Catholic faith. Beyond serving as a place of worship, Our Lady of Hope Inc offers opportunities for retreats, seminars, contemplative discernments, and quiet reflection for attendees. The shrine provides a serene environment for individuals seeking spiritual growth and reflection, allowing them to stay for an extended period if needed.
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Impact
July, 2024
Our Lady of Hope Inc's impact is focused on strengthening the religious life, spirituality, and knowledge in the Catholic faith among attendees of their multi-day and overnight retreats and seminars. They aim to educate families in the teachings and traditions of the Mother Church by providing a space for contemplation, prayer, and spiritual growth. This organization, driven by a love of God, seeks to foster a deeper understanding and wisdom of the Catholic faith through their planned shrine dedicated to Our Lady. Attendees are offered the opportunity to partake in retreats, seminars, contemplative discernments, and moments of stillness and prayer on the grounds designed to enhance their faith experience.
This information is meant to be a general summary of Our Lady Of Hope 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 2023.
- Program Service Revenue: $966,261
- Gross Receipts: $2,380,370
Assets and Liabilities:
- Total Assets: $4,049,805
- Total Liabilities: $1,539,966
- Net Assets: $2,509,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES AND RETREATS
Revenue
$572,958
GIFT SHOP REVENUE
Revenue
$229,673
SUMMER CAMP/SPECIAL EVENTS
Revenue
$128,590
OTHER INCOME
Revenue
$26,078
MASS INCOME
Revenue
$8,962
Organization Details
Founding Year
2020
Principal Officer
Joshua L Hoffpauir
Website
www.ourladyofhopems.comNTEE Category
Code: X22 - Religion related
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