Overview
What is Hochi Institute?
The Hochi Institute is a nonprofit organization that focuses on personal growth and spiritual development. Through various physical programs, seminars, workshops, and spiritual classes, the institute aims to help individuals connect with sources of love and light. During the pandemic, they offered 912 hours of online classes to 233 attendees, with 365 hours being free to promote inner personal growth and awareness of Hochi Practice. Furthermore, 46 volunteers provided 150 hours of universal love light healing hands services, benefiting 500 people, demonstrating their commitment to serving the public.
Official website here: www.hochi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
The Hochi Institute has received a low overall rating of 56%, earning it a One-Star designation due to significant concerns in its governance and accountability practices. The organization lacks independent board members, which raises questions about its oversight and decision-making processes. Additionally, it has not established essential policies such as conflict of interest and whistleblower protections, which are critical for maintaining transparency and ethical standards.
On the positive side, the Hochi Institute demonstrates strong financial health, with a program expense ratio of 93.85%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Furthermore, there are no reported material diversions of assets, and the organization has a commendable liabilities to assets ratio of 0.05%, suggesting it is effectively managing its financial obligations.
Despite its strengths in financial management, the overall governance issues and lack of proper policies may hinder trust and donor confidence. Stakeholders should consider these factors when evaluating the organization's effectiveness and commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Hochi Institute legitimate?
Hochi Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hochi Institute submitted a form 990EZ, 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.
Official website here: www.hochi.org
What is the mission statement of Hochi Institute?
The Hochi Institute's mission is centered around providing physical programs, seminars, workshops, and spiritual classes to facilitate inner growth and spiritual cultivation. It aims to connect individuals with various sources of love and light. The institute offers these services both in-person and online, with a notable focus on promoting public awareness of their practices through free classes. Additionally, volunteers at the institute offer universal love light healing hands services, benefiting a substantial number of people through their free service.
Official website here: www.hochi.org
Who is the CEO of Hochi Institute?
Michael Chou is the Ceo of Hochi Institute. The CEO's salary of Hochi Institute is $48,000 and their total compensation is $48,000.
Official website here: www.hochi.org
What is the revenue of Hochi Institute?
Hochi Institute's revenue in 2022 was $120,260.
Official website here: www.hochi.org
Who are the executives of Hochi Institute and what are their salaries?
Here are 4 key members and their salaries (Hochi Institute's CEO's salary is $48,000 and their total compensation is $48,000):
- Compensation: $48,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hochi.org
Where can I find the form 990EZ for Hochi Institute?
Hochi Institute's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.hochi.org
Learn more at the official website: www.hochi.org
Mission Statement of Hochi Institute
The Hochi Institute, dedicated to fostering personal growth and spiritual development, delivers a variety of physical programs, seminars, workshops, and spiritual classes. Its primary goal is to facilitate an inner connection with sources of love and light. The institute has provided 912 hours of online classes to 233 individuals, offering 365 hours of complimentary classes to promote public awareness of the Hochi Practice and personal growth. Additionally, 46 volunteers have offered 150 hours of universal love and light healing hands services to the general public, benefiting a total of 500 individuals through the free service.
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
October, 2024
Hochi Institute significantly impacts the community by fostering spiritual growth and personal development through a variety of programs. With a comprehensive offering of physical programs, seminars, workshops, and spiritual classes, it helps individuals connect with sources of love and light. In the recent period, the institute provided a total of 912 hours of online classes, engaging 233 attendees and promoting inner personal growth with 365 hours of free classes aimed at raising awareness of Hochi Practice.
The institute's commitment to serving the public is further exemplified by the dedicated efforts of 46 volunteers who contributed a total of 150 hours to offer universal love light healing hands services. This initiative benefited around 500 individuals, highlighting the institute’s role in promoting spiritual healing within the community. Through its diverse activities, Hochi Institute not only cultivates personal transformation but also enhances community well-being, creating a ripple effect of love and healing.
This information is meant to be a general summary of Hochi Institute. 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 2022.
- Investment Income: $976
- Program Service Revenue: $49,570
- Gross Receipts: $120,260
Assets and Liabilities:
- Total Assets: $263,669
- Total Liabilities: $291
- Net Assets: $263,378
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(408) 955-9888Principal Officer
Michael Chou
Main Address
2146 RINGWOOD AVE, SAN JOSE, CA, 95131
Website
www.hochi.orgNTEE Category
Code: Z99 - Unknown
If you are a representative of Hochi Institute 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.