Our Commitment to Transparency

Why be transparent?

We understand the importance of transparency in building trust with our community of donors, volunteers, and partners. By openly sharing our financial information, we want to showcase our commitment to responsible financial management. It is our belief that transparency fosters stronger relationships and encourages support from individuals and organizations who share our vision of making a lasting difference in the lives of those less fortunate.

What is the 990 Tax Filing?

The 990 Tax Form is an annual report that non-profit organizations like ours must file with the Internal Revenue Service (IRS). This form provides detailed information about our financial activities, including revenue, expenses, and key operational aspects. By making our 990 Tax Filing accessible to the public, we aim to offer complete transparency and accountability in the way we handle our funds and resources.

Single Audit Required Supplementary Information

Single Audit Required Supplementary Information

As a recipient of federal funds, Services of Hope undergoes an annual Single Audit in accordance with the requirements of the Office of Management and Budget (OMB) Circular A-133 (now superseded by Uniform Guidance). The Single Audit examines our financial statements and internal controls, with a focus on federal award programs, to ensure compliance with applicable regulations.

The Single Audit provides assurance to the public, our donors, and government agencies that we use federal funds responsibly and efficiently to accomplish our mission. As part of the Single Audit, we also prepare and disclose required supplementary information, which includes detailed information about our federal awards and the programs funded by them.

Our Transparency Pledge: Fostering Trust, Empowering Impact

At Services of Hope, we are dedicated to building a future where compassion and positive change thrive. Central to our mission is a steadfast commitment to transparency, openness, and accountability. We firmly believe that transparency is not just a virtue; it is the cornerstone of the trust we forge with our supporters, beneficiaries, and the wider community. With this in mind, we pledge to uphold the following principles of transparency:

  • We pledge to provide open access to relevant information about our organization, including financial statements, program details, and governance structure. By sharing this information freely, we invite scrutiny, questions, and constructive feedback from our stakeholders.

  • We will communicate with clarity and honesty, avoiding jargon and complexity. Our goal is to ensure that our supporters and beneficiaries understand our mission, strategies, and the impact of their involvement.

  • We vow to be responsible stewards of the resources entrusted to us. Every donation and contribution we receive will be utilized with prudence and allocated to the programs and initiatives that align with our mission and have the most significant impact.

  • We will maintain a consistent schedule of reporting, providing updates on our activities and financial performance. Timely reporting is crucial to keeping our community informed and engaged in our journey of creating positive change.

  • We embrace accountability for our actions and decisions. We commit to complying with all relevant laws, regulations, and ethical standards while upholding the highest levels of integrity.

  • We will celebrate our successes and share inspiring stories of the lives we touch through our work. By highlighting the transformative impact of our initiatives, we aim to inspire others to join us on our mission.

  • Transparency also means acknowledging our mistakes and learning from them. We are committed to continuous improvement and will be open about challenges and setbacks as we strive to do better.

  • We value the insights and opinions of our supporters and partners. We pledge to actively engage with our community, listen to their perspectives, and incorporate feedback to enhance our work.

  • We will conduct an annual review of our transparency efforts, seeking opportunities to enhance the information we provide and the accessibility of our reports.

  • Transparency is not just a promise on paper; it is a commitment in action. We pledge to live up to the values of transparency, making it an integral part of our organizational culture.

In Unity, We Embrace Transparency

With this transparency pledge, we declare our unwavering commitment to openness, accountability, and ethical practices. We believe that together, with the support of our community, we can build a brighter, more compassionate future for all.

Thank you for placing your trust in Services of Hope. Our journey is only possible because of individuals like you who share our vision and stand by our side in this noble pursuit.

Together, Let's Illuminate Lives with Transparency and Hope.