Overview
What is Preciouscare Group Homes Inc?
Preciouscare Group Homes Inc is a nonprofit organization situated in Detroit, Michigan, with a US address at 12368 Evanston Street, 48213. The primary mission of this organization is to provide training and support for individuals, enabling them to acquire, maintain, or enhance skills essential for daily living activities. Throughout the year, a consistent group of five individuals resided in the home, benefiting from the organization's services. With a team of 59 dedicated employees, Preciouscare Group Homes Inc is committed to empowering and improving the lives of its clients.
What are the reviews and ratings of this charity?
Charity Navigator Rating 82% - Three-Star out of Four Star Rating
Preciouscare Group Homes Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The rating reflects a strong emphasis on financial practices, with an impressive score of 82 in this category. The organization benefits from a fully independent board, showcasing a commitment to governance that is free from potential conflicts of interest.
The charity excels in several financial metrics, including a program expense ratio of 100%, which means all its expenses are directed towards its programs. Additionally, it has demonstrated responsible asset management with no material diversion of assets reported. The low liabilities to assets ratio of 33.46% further underlines its sound financial health.
While the organization showcases strong financial transparency and governance, the overall rating is solely based on its accountability and finance score. This singular focus may limit insight into other potential aspects of the charity's performance, such as programmatic effectiveness or community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Preciouscare Group Homes Inc legitimate?
Preciouscare Group Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preciouscare Group Homes Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $501,323
For more financial information, click here
What is the mission statement of Preciouscare Group Homes Inc?
Preciouscare Group Homes Inc is dedicated to offering training and assistance to individuals, enabling them to acquire, maintain, or enhance skills related to daily living activities. Their primary goal is to support consumers in this process, aiming to improve their independence and quality of life. Throughout the year, the group home provides training sessions and practical help, ensuring that at least five individuals benefit from these services at any given time.
Who is the CEO of Preciouscare Group Homes Inc?
Sandra Obakpolor is the President of Preciouscare Group Homes Inc.
What is the revenue of Preciouscare Group Homes Inc?
Preciouscare Group Homes Inc's revenue in 2022 was $851,496.
Who are the executives of Preciouscare Group Homes Inc and what are their salaries?
The average compensation at Preciouscare Group Homes Inc during 2022 was $8,497. There are 59 employees at Preciouscare Group Homes Inc.
Here are 5 key members and their salaries:
- Compensation: $65,000
- 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 Preciouscare Group Homes Inc?
Preciouscare Group Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Preciouscare Group Homes Inc
Preciouscare Group Homes Inc is committed to providing training and assistance to help consumers acquire, maintain, or improve skills related to their activities of daily living. This mission is carried out by offering tailored support to individuals living in their group home, ensuring they can navigate their daily routines more independently and confidently. At any given time, there are typically five individuals residing in the home, benefiting from this dedicated assistance.
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Impact
October, 2024
Preciouscare Group Homes Inc makes a significant impact by providing essential training and support to individuals striving to acquire, maintain, or improve their daily living skills. Located in Detroit, Michigan, the organization helps clients develop vital skills that enhance their independence and quality of life.
Throughout the year, Preciouscare maintains a supportive environment by accommodating five individuals at a time, ensuring that each person receives personalized attention and assistance tailored to their unique needs. This focus on skill development not only aids in daily activities but also fosters confidence, self-sufficiency, and overall well-being in those they serve. By equipping clients with the tools they need to navigate daily living, Preciouscare Group Homes Inc plays a crucial role in uplifting individuals and positively influencing their lives and communities.
This information is meant to be a general summary of Preciouscare Group Homes Inc. 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: $24,312
- Gross Receipts: $851,496
Assets and Liabilities:
- Total Assets: $691,233
- Total Liabilities: $231,322
- Net Assets: $459,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER
Revenue
$24,312
Organization Details
Founding Year
2007
Phone
(313) 465-9199Principal Officer
Sandra Obakpolor
Main Address
12368 EVANSTON STREET, DETROIT, MI, 48213
NTEE Category
Code: P82 - Human services
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