Overview
What is Ikan Incorporated?
Ikan Incorporated is a nonprofit organization committed to supporting individuals with disabilities and their families. Their services encompass various aspects, including Medicaid service coordination, residential habilitation, and supportive employment. They offer fiscal intermediary and related services, as well as self-hire community habilitation, to cater to the unique needs of their clients. Their mission is to provide quality assistance in areas such as pre-vocational services, respite, environmental modifications, adaptive technologies, family education, and recreational opportunities. In essence, Ikan Incorporated aims to enhance the lives of individuals with developmental disabilities and their families, promoting their well-being and independence.
Official website here: www.ikanny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ikan Incorporated has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of its operations. While the organization scores well in several categories, such as having a completely independent board and a high program expense ratio of 89.40%, it struggles with its financial health, reflected in a liabilities to assets ratio of 126.23%. This suggests potential financial instability that could impact its long-term sustainability.
The organization demonstrates strong governance practices with 100% of board members being independent and having maintained proper financial audits with no material diversion of assets. However, the absence of a whistleblower policy and a document retention policy raises concerns regarding transparency and accountability. Additionally, the nonprofit has not posted its tax form on its website, which is critical for maintaining public trust.
To enhance its overall rating, Ikan Incorporated should address the missing governance policies and strive to improve its financial health. Focusing on these areas can help build confidence among donors and stakeholders, ensuring that the organization can effectively continue its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ikan Incorporated legitimate?
Ikan Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ikan Incorporated 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: $266,618
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,899,994
For more financial information, click here
Official website here: www.ikanny.org
What is the mission statement of Ikan Incorporated?
Ikan Incorporated's mission is centered around providing services to individuals with disabilities and their families. The organization offers a range of support, including Medicaid service coordination, residential habilitation services, pre-vocational services, supportive employment, respite, environmental modifications, adaptive technologies, family education and training, recreation opportunities, and various supportive services. Their goal is to enhance the quality of life for individuals affected by developmental disabilities, providing them with essential resources and care.
Official website here: www.ikanny.org
Who is the CEO of Ikan Incorporated?
Laurie Burgaleta is the Executive Director of Ikan Incorporated.
Official website here: www.ikanny.org
What is the revenue of Ikan Incorporated?
Ikan Incorporated's revenue in 2022 was $4,729,678.
Official website here: www.ikanny.org
Who are the executives of Ikan Incorporated and what are their salaries?
The average compensation at Ikan Incorporated during 2022 was $17,399. There are 182 employees at Ikan Incorporated.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $266,618
- Related: $0
- Other: $28,500
Official website here: www.ikanny.org
Where can I find the form 990 for Ikan Incorporated?
Ikan Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ikanny.org
Learn more at the official website: www.ikanny.org
Mission Statement of Ikan Incorporated
Ikan Incorporated, a nonprofit organization, is dedicated to offering services to individuals with disabilities and their families. Their mission is multifaceted, encompassing various aspects of support. Ikan Inc. provides Medicaid Service Coordination, Residential Habilitation Services, Pre-Vocational Services, Supportive Employment, Respite, Environmental Modification, Adaptive Technologies, Family Education and Training, Recreation Opportunities, and Supportive Services. This comprehensive range of offerings aims to cater to the diverse needs of individuals affected by developmental disabilities, ensuring they receive high-quality assistance throughout their journey. By offering services such as Medicaid coordination and environmental modifications, Ikan Incorporated works to create an inclusive and supportive environment for individuals with disabilities, enabling them to lead fulfilling lives.
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Impact
October, 2024
Ikan Incorporated significantly impacts individuals with disabilities and their families by delivering a comprehensive range of services that promote independence and enhance quality of life. Based in Florida, NY, the organization offers Medicaid service coordination, ensuring families navigate healthcare resources effectively. Its residential habilitation services provide essential support to individuals, fostering skills for daily living and personal growth.
Moreover, Ikan Incorporated emphasizes employment opportunities through supportive employment and pre-vocational services, helping individuals prepare for and secure jobs in the community. By offering respite care, family education and training, and adaptive technologies, the organization supports not only the individuals with disabilities but also their families, alleviating their burdens and enhancing their understanding of available resources.
Programs such as fiscal intermediary services and self-hire community habilitation further empower individuals, giving them control over their care and support. Additionally, recreational opportunities foster community integration and personal fulfillment, enriching the lives of those they serve. Overall, Ikan Incorporated plays a vital role in building a more inclusive community for people with developmental disabilities and their families.
This information is meant to be a general summary of Ikan Incorporated. 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.
- Program Service Revenue: $4,729,678
- Gross Receipts: $4,729,678
Assets and Liabilities:
- Total Assets: $1,318,307
- Total Liabilities: $1,664,149
- Net Assets: -$345,842
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SELF HIRE COMMUNITY HA
Revenue
$2,236,138
FISCAL INTERMEDIARY SV
Revenue
$1,787,662
RESIDENTIAL HABILITATI
Revenue
$525,199
RESPITE
Revenue
$94,511
TRAINING AND OTHER
Revenue
$86,168
Organization Details
Founding Year
2006
Phone
(845) 508-6298Principal Officer
Laurie Burgaleta
Main Address
22 MEADOW RD 2, FLORIDA, NY, 10921
Website
www.ikanny.orgNTEE Category
Code: P82 - Human services
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