Overview
What is H H Placing Agency?
H H Placing Agency is a nonprofit organization, specifically a child care placing agency, situated with a mission to support underprivileged youth. Their primary activity involves providing housing and care for children who are misplaced, struggling, or facing challenges. The agency's goal is to serve this vulnerable group of young individuals, aiming to make a positive impact on their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
H H Placing Agency has received a two-star rating from Charity Navigator, indicating several areas where the organization needs to enhance its accountability and transparency. While the agency showcases a strong program expense ratio at nearly 98%, suggesting that most funds are directed towards programs, its overall score of 65% reflects significant gaps in financial accountability practices.
The organization is commendable in terms of its board structure, with 80% of its board members being independent, which is a positive indicator for governance. However, critical policies such as conflict of interest, whistleblower, and document retention are missing, leading to a lack of essential safeguards that ensure ethical management and operation. Furthermore, the absence of financial statements and the failure to post required documents on its website undermine the nonprofit's commitment to transparency.
While H H Placing Agency demonstrates effective use of funds within its programs, its deficiencies in documentation and policy implementation highlight the need for improvement in governance and financial practices. Addressing these issues could strengthen the organization's credibility and enhance trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is H H Placing Agency legitimate?
H H Placing Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. H H Placing Agency 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: $164,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $364,489
For more financial information, click here
What is the mission statement of H H Placing Agency?
HH Placing Agency is committed to serving underprivileged youth by offering housing and care as a child care placing agency. Their mission is to provide a safe and supportive environment for children who are misplaced, troubled, or facing challenges. The agency aims to offer these children the resources and assistance they need to overcome their difficulties and lead fulfilling lives. HH Placing Agency's mission is to make a positive impact on the lives of underprivileged children and help them navigate through their challenges. The agency's services extend beyond just housing and care, as they strive to provide holistic support to ensure the well-being and success of the children they serve.
What is the revenue of H H Placing Agency?
H H Placing Agency's revenue in 2023 was $1,639,709.
Who are the executives of H H Placing Agency and what are their salaries?
The average compensation at H H Placing Agency during 2023 was $58,798. There are 9 employees at H H Placing Agency.
Here are 5 key members and their salaries:
- Compensation: $164,691
- 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 H H Placing Agency?
H H Placing Agency's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of H H Placing Agency
H.H. Placing Agency is dedicated to serving underprivileged youth by providing housing and care for misplaced, troubled, and challenged children. Acting as a child care placing agency, this nonprofit organization's mission is to offer a safe and nurturing environment for children in need. Their goal is to support these young individuals as they navigate through challenging circumstances, ultimately aiming to make a positive impact on their lives.
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Impact
July, 2024
H H Placing Agency's impact can be seen in the lives of underprivileged children in Houston, Texas. By providing housing and care for misplaced, troubled, and challenged youth, this agency is instrumental in ensuring these children have a safe and nurturing environment to grow and thrive. Their mission to serve underprivileged youth not only meets their immediate needs for shelter and support but also provides them with opportunities to overcome their challenges and build a better future. Through their dedicated service, H H Placing Agency is making a significant difference in the lives of vulnerable children in the community.
This information is meant to be a general summary of H H Placing Agency. 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.
- Program Service Revenue: $1,639,709
- Gross Receipts: $1,639,709
Assets and Liabilities:
- Total Assets: $1,456,550
- Total Liabilities: $88,954
- Net Assets: $1,367,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES
Revenue
$1,639,709
Organization Details
Founding Year
2008
Principal Officer
Elizabeth Mesfin
NTEE Category
Code: P30 - Human services
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