Overview
What is H2Ohelp And Hope To Others?
H2Ohelp And Hope To Others is a nonprofit organization that offers essential aid to individuals within its community. Their primary mission is to make affordable food and household supplies accessible by running a thrift store that sells donated items. Simultaneously, they provide valuable work experience to their employees in a supervised setting. The ultimate goal of H2Ohelp And Hope To Others is to extend help and assistance to all those in need, ensuring no one is left behind.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while H2Ohelp And Hope To Others demonstrates some strong financial practices, there are significant areas of concern that may impact its overall accountability and transparency.
The organization boasts a strong program expense ratio of 99.42%, suggesting that nearly all of its expenditures directly support its mission. Additionally, it has achieved full scores for its independent board structure and has no reported material diversion of assets, indicating good governance practices. However, the absence of financial statements and key policies such as conflict of interest and whistleblower protections raises questions about transparency and organizational governance.
Despite the positive scores in certain areas, the lack of publicly available financial information and required policies could deter potential donors and supporters. Addressing these shortcomings would be essential for H2Ohelp And Hope To Others to enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is H2Ohelp And Hope To Others legitimate?
H2Ohelp And Hope To Others is a legitimate nonprofit organization registered as a 501(c)(3) entity. H2Ohelp And Hope To Others 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: $59,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,473
For more financial information, click here
What is the mission statement of H2Ohelp And Hope To Others?
H2Ohelp And Hope To Others' mission revolves around providing assistance to those in need. They accomplish this by operating a thrift store that sells donated goods, making affordable food and household supplies accessible to the community. Additionally, the organization offers a formative, supervised work experience for its employees. Their mission can be summarized as an endeavor to provide essential goods and services, while simultaneously offering a valuable learning opportunity for their employees.
What is the revenue of H2Ohelp And Hope To Others?
H2Ohelp And Hope To Others's revenue in 2023 was $552,421.
Who are the executives of H2Ohelp And Hope To Others and what are their salaries?
The average compensation at H2Ohelp And Hope To Others during 2023 was $12,493. There are 31 employees and 25 volunteers at H2Ohelp And Hope To Others.
Here are 6 key members and their salaries:
- Compensation: $59,804
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for H2Ohelp And Hope To Others?
H2Ohelp And Hope To Others's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of H2Ohelp And Hope To Others
H2Ohelp And Hope To Others, a nonprofit organization, is committed to providing assistance to individuals in need. Their primary mission is to make affordable food and essential household supplies readily available to the community. They accomplish this by operating a thrift store that sells donated goods. Additionally, H2Ohelp And Hope To Others offers a formative and supervised work experience for its employees. The organization's goal is to extend its services to those who are struggling financially, aiming to provide them with the necessities they require. By doing so, H2Ohelp And Hope To Others strives to make a positive impact on the lives of those in need, offering them a helping hand and an opportunity for growth.
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Impact
July, 2024
H2Ohelp And Hope To Others has a significant impact on the community by providing affordable food and household supplies to those in need through its thrift store. By selling donated goods, the organization makes these essential items accessible to community members facing financial difficulties. Additionally, H2Ohelp And Hope To Others offers a supervised work experience for employees, helping them develop valuable skills and providing support in times of need. Through its mission to assist all those in need, the organization contributes to enhancing the quality of life for individuals in the DALLAS area.
This information is meant to be a general summary of H2Ohelp And Hope To Others. 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: $358
- Program Service Revenue: $552,063
- Gross Receipts: $552,421
Assets and Liabilities:
- Total Assets: $708,531
- Total Liabilities: $244,736
- Net Assets: $463,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT STORE SALES
Revenue
$552,063
Organization Details
Founding Year
1983
Principal Officer
Curt Davis
NTEE Category
Code: P60 - Human services
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