Overview
What is Hunterdon Youth Services Inc?
Hunterdon Youth Services Inc, also known as Binnacle House, is a nonprofit organization situated in Flemington, New Jersey. Their primary mission is to offer residential care, counseling, life skills training, vocational rehabilitation, academic support, and family engagement to boys aged thirteen through young adulthood. In addition to direct services, they provide grants to other nonprofit organizations and assist donors in utilizing their philanthropic interests effectively, through various means such as donor-advised funds and charitable gift annuities. The organization operates with a team of 20 dedicated individuals, working tirelessly to support and empower young boys in need.
Official website here: www.binnaclehouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Hunterdon Youth Services Inc has received a moderate rating of 73% from Charity Navigator, indicating a Two-Star designation. The organization's accountability and finance score highlights some strengths, particularly in governance areas such as having a majority of independent board members, a proper conflict of interest policy, and adherence to whistleblower protections. These factors reflect a commitment to ethical oversight.
However, the organization faces significant challenges in its financial reporting, as evidenced by a score of 0 out of 15 for financial statements and a low score for posting tax forms on its website. The liabilities to assets ratio of 61.18% suggests potential financial risks that could impact sustainability. Despite a strong program expense ratio of 86.38%, which indicates that a substantial portion of expenditures goes directly to programs, the financial transparency issues noted could undermine donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Hunterdon Youth Services Inc legitimate?
Hunterdon Youth Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hunterdon Youth Services 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: $102,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $486,261
For more financial information, click here
Official website here: www.binnaclehouse.org
What is the mission statement of Hunterdon Youth Services Inc?
Hunterdon Youth Services Inc's mission is centered around providing support for teenage boys who have been removed from their homes by state agencies. The organization aims to provide residential care, counseling, life skills training, vocational rehabilitation, and academic support to these boys, spanning from the age of thirteen to young adulthood. Additionally, Hunterdon Youth Services Inc engages families in this process, fostering a holistic approach to their clients' development. Beyond this, the organization also provides grants to nonprofits and assists donors in leveraging their philanthropic interests through various giving options.
Official website here: www.binnaclehouse.org
Who is the CEO of Hunterdon Youth Services Inc?
Carolyn Evans is the Chairperson of Hunterdon Youth Services Inc. The CEO's salary of Hunterdon Youth Services Inc is $102,014 and their total compensation is $104,534.
Official website here: www.binnaclehouse.org
What is the revenue of Hunterdon Youth Services Inc?
Hunterdon Youth Services Inc's revenue in 2022 was $821,844.
Official website here: www.binnaclehouse.org
Who are the executives of Hunterdon Youth Services Inc and what are their salaries?
The average compensation at Hunterdon Youth Services Inc during 2022 was $29,414. There are 20 employees and 12 volunteers at Hunterdon Youth Services Inc.
Here are 10 key members and their salaries (Hunterdon Youth Services Inc's CEO's salary is $102,014 and their total compensation is $104,534):
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- Compensation: $102,014
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- Other: $2,520
Official website here: www.binnaclehouse.org
Where can I find the form 990 for Hunterdon Youth Services Inc?
Hunterdon Youth Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.binnaclehouse.org
Learn more at the official website: www.binnaclehouse.org
Mission Statement of Hunterdon Youth Services Inc
Hunterdon Youth Services Inc is committed to providing residential care, counseling, life skills training, vocational rehabilitation, academic support, and family engagement for boys aged thirteen through young adulthood. This nonprofit organization aims to support these young individuals who have been removed from their homes by state agencies, assisting them in their personal growth and development. By offering a variety of services, Hunterdon Youth Services Inc aims to equip these boys with the necessary skills to navigate their transition into adulthood, ensuring they have the best possible start in life. Additionally, the organization provides grants to nonprofits and assists donors in leveraging their philanthropic interests through donor-designated giving, donor-advised funds, and charitable gift annuities.
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Impact
October, 2024
Hunterdon Youth Services Inc. significantly impacts the lives of teenage boys who have been removed from their homes by state agencies in New Jersey. By offering a comprehensive range of services, it provides critical support tailored to the needs of boys aged thirteen through young adulthood.
The organization offers residential care, ensuring a safe and nurturing environment where these youth can begin to heal and develop essential life skills. Through counseling, residents receive emotional and psychological support that addresses their unique challenges and trauma. The life skills training equips them with the tools necessary for independence, fostering self-sufficiency and confidence.
Vocational rehabilitation and academic support are also integral components of their program, helping young boys navigate their educational and career paths. This holistic approach enables them to build a brighter future by preparing them for the workforce or further education. Additionally, engaging families in the process promotes healthier relationships and supports long-term stability and growth.
Through these comprehensive services, Hunterdon Youth Services Inc. profoundly influences the trajectory of these young lives, providing hope and practical assistance that can lead to sustainable change and empowerment.
This information is meant to be a general summary of Hunterdon Youth Services 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.
- Investment Income: $29,285
- Program Service Revenue: $491,508
- Gross Receipts: $889,803
Assets and Liabilities:
- Total Assets: $1,111,628
- Total Liabilities: $680,205
- Net Assets: $431,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID
Revenue
$491,508
Organization Details
Founding Year
1977
Phone
(908) 782-1046Principal Officer
Carolyn Evans
Main Address
POBOX 2397, FLEMINGTON, NJ, 08822
Website
www.binnaclehouse.orgNTEE Category
Code: P32Z - Human services
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