Overview
What is Elev8Hope Inc?
Elev8Hope Inc, established in Stuart, Florida, is a dedicated nonprofit organization that focuses on uplifting and supporting families struggling with food instability. With a mission deeply rooted in compassion, Elev8Hope Inc aims to offer a ray of hope to these families, providing year-round programs that cater to their needs. Their activities extend beyond just food support, also offering transitional housing to help families regain stability. With a modest workforce of two dedicated individuals, Elev8Hope Inc is committed to making a meaningful impact in the lives of those it serves.
Official website here: www.elev8hope.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Elev8Hope Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. With an impressive score of 86, the organization demonstrates strong financial practices, including a low liabilities to assets ratio, indicating sound financial health. Notably, it boasts a fully independent board and high program expense ratio, ensuring that a significant portion of its resources is directed towards its mission.
However, the organization does face some limitations in governance practices. Key policies, such as a whistleblower policy and document retention protocols, are missing, which could raise concerns about transparency and accountability. Additionally, the absence of documented board meeting minutes may hinder a clear understanding of decision-making processes within the organization.
Overall, while Elev8Hope Inc shows strengths in financial management and board independence, addressing its governance policy gaps could enhance its operational integrity and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Elev8Hope Inc legitimate?
Elev8Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elev8Hope 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: $199,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.elev8hope.com
What is the mission statement of Elev8Hope Inc?
Elev8Hope Inc's mission is centered around offering support and hope to families who are facing challenges, specifically those with children. The organization carries out this mission through year-round programs aimed at addressing food instability and transitional housing needs. By providing these essential services, Elev8Hope Inc seeks to make a positive impact on these families' lives, offering them a sense of hope and stability during difficult times.
Official website here: www.elev8hope.com
Who is the CEO of Elev8Hope Inc?
Rina Shpiruk is the CEO of Elev8Hope Inc The CEO's salary of Elev8Hope Inc is $126,673 and their total compensation is $126,673.
Official website here: www.elev8hope.com
What is the revenue of Elev8Hope Inc?
Elev8Hope Inc's revenue in 2023 was $726,514.
Official website here: www.elev8hope.com
Who are the executives of Elev8Hope Inc and what are their salaries?
The average compensation at Elev8Hope Inc during 2023 was $99,918. There are 2 employees and 8 volunteers at Elev8Hope Inc.
Here are 4 key members and their salaries (Elev8Hope Inc's CEO's salary is $126,673 and their total compensation is $126,673):
- Compensation: $126,673
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.elev8hope.com
Where can I find the form 990 for Elev8Hope Inc?
Elev8Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.elev8hope.com
Learn more at the official website: www.elev8hope.com
Mission Statement of Elev8Hope Inc
Elev8Hope Inc is a nonprofit organization dedicated to extending support and hope to families who are facing difficulties and have children. The primary mission of this organization is to provide assistance and optimism to these families in need. Elev8Hope Inc accomplishes this mission through year-round programs aimed at addressing food instability and offering transitional housing solutions.
By offering these programs, Elev8Hope Inc aims to help families overcome their challenges and regain stability. The organization's efforts are focused on providing the necessary resources and support to help families navigate through their struggles and work towards a brighter future. The organization's commitment to its mission is reflected in its year-round programs, which are designed to meet the unique needs of each family and help them move towards a more secure and hopeful future.
In summary, Elev8Hope Inc is a nonprofit organization that provides support and hope to struggling families with children. Through its mission, the organization offers year-round programs aimed at addressing food instability and transitional housing needs, with the ultimate goal of helping families overcome their difficulties and rebuild their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Elev8Hope Inc has a significant impact by providing essential support and hope to struggling families with children in Stuart, Florida. Through their year-round programs focusing on food assistance for food-insecure families and offering transitional housing, Elev8Hope Inc plays a critical role in addressing the needs of vulnerable families in the community. Their mission to provide support and hope to families in need clearly demonstrates their commitment to improving the lives of those facing hardships.
This information is meant to be a general summary of Elev8Hope 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.
- Investment Income: $9,083
- Gross Receipts: $745,114
Assets and Liabilities:
- Total Assets: $1,283,614
- Total Liabilities: $623,537
- Net Assets: $660,077
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2012
Principal Officer
Rinamarie Shpiruk
Website
www.elev8hope.comNTEE Category
Code: P20 - Human services
If you are a representative of Elev8Hope Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.