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Renewed Hope Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 870759273 ✦ Casper, WY ✦ Designated as a 501(c)(3)

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Overview

What is Renewed Hope Foundation Inc?

Renewed Hope Foundation Inc, located in Casper, Wyoming, is a dedicated nonprofit organization with a mission to support families and children with special needs. With a team of 23 employees, they provide vital services such as personal care, respite, and therapy, amounting to over 13,900 hours of assistance. Their commitment extends to optimizing the physical, intellectual, and physiological development of these children through innovative therapies, personal care, support, and training. The foundation has served more than 40 families and children, demonstrating their unwavering dedication to this cause.


Official website here: www.renewedhopefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (63%, Two-Star out of Four Star rating)

The Renewed Hope Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, indicating that while it excels in some areas, there are significant shortcomings that need addressing. The organization has achieved a perfect score in Accountability & Finance, demonstrating strong financial practices and transparency. However, it lacks sufficient independent board members and has not established a whistleblower policy or a document retention policy, which are crucial for effective governance.

The foundation's financial metrics show positive indicators, including a favorable liabilities to assets ratio and a solid program expense ratio, suggesting it effectively allocates resources toward its mission. Nonetheless, the lack of independent oversight raises concerns about governance and decision-making processes. Additionally, the absence of certain policies could hinder the organization’s ability to manage conflicts of interest and protect whistleblowers.

Overall, while Renewed Hope Foundation Inc has strong financial practices, the significant governance issues highlighted in its rating suggest that potential donors may want to consider these factors before contributing. Addressing these limitations could enhance the organization's effectiveness and credibility in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Renewed Hope Foundation Inc legitimate?

Renewed Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renewed Hope Foundation 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: $385,401

For more financial information, click here


Official website here: www.renewedhopefoundation.org

What is the mission statement of Renewed Hope Foundation Inc?

The Renewed Hope Foundation Inc is dedicated to assisting parents in enhancing the overall development of their children with special needs. This is achieved through innovative therapies, personal care, support, and training. The foundation's mission is to optimize the physical, intellectual, and physiological growth of these children, providing them with the best possible opportunities. They have served over 40 families and children, offering over 13,900 hours of service, including personal care, respite, and therapy.


Official website here: www.renewedhopefoundation.org

Who is the CEO of Renewed Hope Foundation Inc?

Brad Christensen is the Director, President, of Renewed Hope Foundation Inc.


Official website here: www.renewedhopefoundation.org

What is the revenue of Renewed Hope Foundation Inc?

Renewed Hope Foundation Inc's revenue in 2022 was $480,406.


Official website here: www.renewedhopefoundation.org

Who are the executives of Renewed Hope Foundation Inc and what are their salaries?

The average compensation at Renewed Hope Foundation Inc during 2022 was $16,757. There are 23 employees at Renewed Hope Foundation Inc.


Here are 4 key members and their salaries:


Brad Christensen (Director, President,)
  • Compensation: $49,833
  • Related: $0
  • Other: $0
Linda Christensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Sandefer (Director, Vice Presi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Killmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.renewedhopefoundation.org

Where can I find the form 990 for Renewed Hope Foundation Inc?

Renewed Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.renewedhopefoundation.org

Learn more at the official website: www.renewedhopefoundation.org

Mission Statement of Renewed Hope Foundation Inc

Renewed Hope Foundation Inc is dedicated to supporting the growth and development of children with special needs. The organization strives to enhance their physical, intellectual, and physiological capabilities through innovative therapies, personal care, and training. By providing these services, Renewed Hope Foundation Inc aims to empower and help parents optimize their children's development. The foundation has served over 40 families and children, offering over 13,900 hours of service, which includes personal care, respite, and therapy.

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Impact




July, 2024

Renewed Hope Foundation Inc has made a significant impact by serving more than 40 families and children in Casper, Wyoming. Their dedicated efforts have resulted in providing over 13,900 hours of service, including personal care, respite, and therapy. Through their commitment to helping parents optimize the physical, intellectual, and physiological development of their special needs children, Renewed Hope Foundation Inc has positively impacted the lives of those in need.




This information is meant to be a general summary of Renewed Hope Foundation 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.

Revenue
$480,406 (2022)
Expenses
$467,857 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $394,008
  • Gross Receipts: $480,406

Assets and Liabilities:

  • Total Assets: $105,575
  • Total Liabilities: $0
  • Net Assets: $105,575

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PERSONAL CARE

Revenue

$377,074

RESPITE WITH A PURPOSE

Revenue

$16,934

Organization Details

Founding Year

2005

Principal Officer

Brad Christensen

Main Address

761 W 45TH ST, CASPER, WY, 826016012

NTEE Category

Code: G48 - Disease

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