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CHARITY REVIEW
Issued: April 2024 Expires: April 2025

Tele-Hope

Accredited Charity
Accredited Charity

Meets Standards

215 S 3rd St Ste 114
Laramie, WY, 82070-3676

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Tele-Hope meets the 20 Standards for Charity Accountability.

Stated Purpose:
We are creating a community that provides hope for everyone involved. We want to help children visualize what their success can look like, no matter their circumstances. Big dreams are achievable no matter who you are. We want to make that a possibility for everyone. By starting with the youth in our community, we can help them grow and be able to mentor others and share their story in the future. We want people to have a story of inspiration, a story of hope, a story of accomplishment.

Year, State Incorporated:
2022, WY

Its program is meant to instill hope and generate a sense of belonging in kids ages 11-18 and local student-athletes. Its student-athletes (who sign up, are screened, and interviewed) are partnered with kids in middle and high school based on similarities in their backgrounds. It wants to show the kids in its program that anything is possible, no matter where you come from and it wants to show its student athletes that having an impact extends beyond sports.

For the year ended December 31, 2023, Tele-Hope's program expenses were:

Programs $9,000
Total Program Expenses $9,000

Chair of the Board
Ralph Fawaz, Founder

Chair's Profession / Business Affiliation

Board Size
10

Paid Staff Size
1

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.)

% of Related Contributions on Fundraising: 0.74%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Tele-Hope's unaudited financial statements for the year ended December 31, 2023.

Source of Funds
Contributions $12,884
Total Income $12,884

Programs: 98% Fundraising: 1% Administrative: 1%

Total Income $12,884
Total expenses: $9,195
  Program expenses $9,000
  Fundraising expenses $95
  Administrative expenses $100
  Other expenses $0
Income in Excess of Expenses $3,689
Beginning Net Assets $0
Other Changes In Net Assets $0
Ending Net Assets $3,689
Total Liabilities $0
Total Assets $3,689

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Serving Northern Colorado and Wyoming