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The Hope Effect

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

EIN: 472624962 ✦ Peoria, AZ ✦ Designated as a 501(c)(3)

Overview

What is The Hope Effect?

The Hope Effect is a nonprofit organization, headquartered in Peoria, Arizona, dedicated to revolutionizing the way orphans are cared for globally. They specialize in implementing innovative family-based solutions, such as family-style care, which offers each child a chance to flourish and thrive within a loving family environment. By working in partnership with the government, they have established the first nonprofit in Sonora, Mexico, approved to provide family-style care, helping children leave orphanages and join loving families. The Hope Effect recruits, assesses, and trains families, assists with child placements, and offers meaningful follow-ups to families who welcome children into their homes. With a small team of three dedicated individuals, this organization strives to make a significant impact in the lives of orphans.


Official website here: www.hopeeffect.com

Is The Hope Effect legitimate?

The Hope Effect is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hope Effect 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.

Here are some key statistics you may want to consider:

Executive Compensation: $101,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,494

For more financial information, click here


Official website here: www.hopeeffect.com

What is the mission statement of The Hope Effect?

The Hope Effect is a nonprofit organization committed to revolutionizing the way the world cares for orphans. They achieve this by implementing innovative family-based solutions. Their mission is to provide each child with an opportunity to flourish and thrive in a family environment. Through family-style care, they aim to help children transition out of orphanages and into loving families. The organization recruits, evaluates, and trains families to provide care, assists with child placement, and offers meaningful follow-up to families who welcome children into their homes. In summary, The Hope Effect strives to improve the lives of orphans by promoting family-based care solutions.


Official website here: www.hopeeffect.com

Who is the CEO of The Hope Effect?

Joseph Darago is the Executive Director of The Hope Effect. The CEO's salary of The Hope Effect is $0 and their total compensation is $0.


Official website here: www.hopeeffect.com

What is the revenue of The Hope Effect?

The Hope Effect's revenue in 2022 was $540,955.


Official website here: www.hopeeffect.com

Who are the executives of The Hope Effect and what are their salaries?

The average compensation at The Hope Effect during 2022 was $51,060. There are 3 employees and 7 volunteers at The Hope Effect.

Here are 7 key members and their salaries (The Hope Effect's CEO's salary is $0 and their total compensation is $0):

    Joseph Darago (Executive Director)
  • Compensation: $98,300
  • Related: $0
  • Other: $3,385

    • Debora Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jillian Johnsrud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn Jo Lincoln (Director Since 3-7-22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Becker (President/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Van Egdom (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bk Grayson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopeeffect.com

    Where can I find the form 990 for The Hope Effect?

    The The Hope Effect’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hopeeffect.com

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

    Mission Statement of The Hope Effect

    The Hope Effect is a nonprofit organization that aims to revolutionize the way the world cares for orphans by implementing innovative family-based solutions. It facilitates family-style care, offering each child the opportunity to flourish and thrive in a nurturing family environment. This mission is carried out by establishing partnerships with governments and implementing family-style care programs, helping children transition from orphanages into loving family homes. In Sonora, Mexico, The Hope Effect was the first nonprofit to receive government approval for such a program. They recruit, evaluate, and train families to provide care, assist with child placement, and offer meaningful follow-up support to families who welcome children into their homes. The organization's goal is to provide a family environment for these children, fostering their growth and well-being.

    Impact

    This information is meant to be a general summary of The Hope Effect. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Hope Effect is revolutionizing how orphans are cared for by implementing innovative family-based solutions. Their Sonora Family-Style Care Program in Mexico is the first of its kind to receive government approval, focusing on transitioning children out of orphanages and into loving families. By recruiting, evaluating, and training families to provide care, as well as offering ongoing support, The Hope Effect is making a significant impact on creating a nurturing environment for children to flourish and thrive.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $665
  • Program Service Revenue: $0
  • Gross Receipts: $550,369

    • Assets and Liabilities:
  • Total Assets: $331,912
  • Total Liabilities: $8,788
  • Net Assets: $323,124
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Joseph Darago

    Main Address

    12123 W ASHBY DR, PEORIA, AZ, 85383

    NTEE Category

    Code: P30 - Human services

    If you are a representative of The Hope Effect 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.