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Hats For Hope

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

EIN: 912167428 ✦ Arroyo grande, CA ✦ Designated as a 501(c)(3)

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Overview

What is Hats For Hope?

Hats For Hope is a nonprofit organization situated in Arroyo Grande, California. Their primary mission is to support individuals undergoing chemotherapy and radiation treatment by providing funding for wigs and hats. They have established a gifting program to offer these essential items, aiming to boost the self-esteem and comfort of affected individuals on California's Central Coast. By distributing gift certificates, Hats For Hope enables female cancer patients to acquire a free hat or head covering, and a wig, at no cost. This compassionate initiative aims to alleviate some of the physical and emotional hardships associated with cancer treatment.


Official website here: www.hatsforhope.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

Hats For Hope has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The score reflects a strong emphasis on financial health and transparency, with 100% of the board members being independent, which enhances governance integrity. The organization demonstrates excellent management of its resources, with a program expense ratio of 93.08%, meaning a significant majority of funds are allocated directly to its mission.

Strengths noted in the evaluation include the absence of any material diversion of assets, ensuring that donor contributions are used as intended. The organization also meets transparency standards by documenting board meeting minutes and listing its website on its tax form. Additionally, a low liabilities-to-assets ratio further illustrates its financial stability.

While the rating is favorable, the review highlights that the score is based solely on accountability and finance metrics, without assessing other components of charity performance. Potential donors might consider looking for more comprehensive evaluations or additional metrics related to program impact and community engagement.


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

Is Hats For Hope legitimate?

Hats For Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hats For Hope 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: $0

For more financial information, click here


Official website here: www.hatsforhope.com

What is the mission statement of Hats For Hope?

Hats For Hope is an organization with a mission to support individuals undergoing chemotherapy and radiation treatment. Their primary objective is to provide funding for wigs and hats, and they operate a gifting program for this purpose. This program aims to benefit women on California's Central Coast who are going through such treatments. Hats For Hope issues gift certificates, enabling these women to obtain a free hat or head covering, as well as a wig, at no cost to them. This initiative aims to help these individuals maintain their dignity and feel more comfortable during their treatment process.


Official website here: www.hatsforhope.com

Who is the CEO of Hats For Hope?

Katie Mcpike is the Board Member of Hats For Hope.


Official website here: www.hatsforhope.com

What is the revenue of Hats For Hope?

Hats For Hope's revenue in 2023 was $58,928.


Official website here: www.hatsforhope.com

Who are the executives of Hats For Hope and what are their salaries?


Here are 11 key members and their salaries:


Julie Epps (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phoebe Jaeckels (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Minetti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Papich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Schneider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Vega (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Mahoney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Martino (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Mcpike (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Spade (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandhya Patel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hatsforhope.com

Where can I find the form 990 for Hats For Hope?

Hats For Hope's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hatsforhope.com

Learn more at the official website: www.hatsforhope.com

Mission Statement of Hats For Hope

Hats For Hope, a nonprofit organization, is dedicated to providing assistance to individuals undergoing chemotherapy and radiation treatment on California's Central Coast. Their mission lies in offering funding for wigs and hats, as well as establishing and operating a gifting program. This program aims to provide female cancer patients with gift certificates, enabling them to obtain a free hat or head covering, and a wig, at no cost. The goal of Hats For Hope is to alleviate some of the financial burdens and emotional distress associated with cancer treatment, by offering these essential items to those in need.

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Impact




August, 2024

Hats For Hope directly impacts individuals on California's Central Coast undergoing chemotherapy and/or radiation treatment by providing funding for wigs, hats, and a gifting program. This assistance helps these individuals cope with the effects of cancer treatment and boosts their self-esteem during a challenging time.




This information is meant to be a general summary of Hats For Hope. 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
$58,928 (2023)
Expenses
$77,656 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $43
  • Program Service Revenue: $38,399
  • Gross Receipts: $58,928

Assets and Liabilities:

  • Total Assets: $111,115
  • Total Liabilities: $0
  • Net Assets: $111,115

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Programs

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

EVENT INCOME GIVING

Revenue

$38,399

Organization Details

Founding Year

2002

Principal Officer

Katie Mcpike

Main Address

POST OFFICE BOX 139, ARROYO GRANDE, CA, 93421

NTEE Category

Code: G30 - Disease

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