Overview
What is Plaid House Inc?
Plaid House Inc, situated in Morristown, New Jersey, is a nonprofit organization dedicated to assisting adolescent girls. Their mission is to help these young women become emotionally and behaviorally stable, enabling them to return home or transition to a less intensive form of care. Plaid House's approach emphasizes education and life skills development, fostering self-sufficiency and independence in the girls. With a workforce of 37 individuals, the organization provides residential services and teaches vital skills to promote personal growth and family reunification.
Official website here: www.plaidhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Plaid House Inc has received an impressive 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This four-star rating indicates that the organization has effectively demonstrated transparency and fiscal responsibility during its most recent fiscal year, FY2023. The rating is primarily based on the charity's accountability measures, which are essential for building trust with donors and stakeholders.
The organization boasts a highly independent board, with 87% of its members being independent. This strong governance structure, combined with the presence of an Audit and Oversight Committee, contributes to its high scores in various accountability metrics. Plaid House Inc has also shown a commitment to ethical practices, with established policies for conflict of interest, whistleblowing, and document retention, all of which further enhance its credibility.
One notable strength is the charity's program expense ratio, which stands at 86.89%. This indicates that a significant majority of its expenditures directly support its programs, maximizing the impact of donor contributions. Additionally, a low liabilities-to-assets ratio of 4.47% further underlines the organization's financial stability. Overall, Plaid House Inc appears to be a well-managed nonprofit with a solid foundation in accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Plaid House Inc legitimate?
Plaid House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plaid House 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: $143,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $920,827
For more financial information, click here
Official website here: www.plaidhouse.org
What is the mission statement of Plaid House Inc?
Plaid House Inc's mission is centered around providing residential and related services to adolescents. The organization's primary objective is to foster positive growth, independence, and family reunification in these adolescents. Through its programs, Plaid House teaches essential skills that aid in the girls' emotional and behavioral stability, with the ultimate goal of enabling them to return home or transition to a less intensive level of care. Education and life skills development are strongly emphasized, aiming to nurture the girls' transformation into independent adults.
Official website here: www.plaidhouse.org
Who is the CEO of Plaid House Inc?
Marilyn Miller O'Melia is the Treasurer of Plaid House Inc.
Official website here: www.plaidhouse.org
What is the revenue of Plaid House Inc?
Plaid House Inc's revenue in 2022 was $1,824,378.
Official website here: www.plaidhouse.org
Who are the executives of Plaid House Inc and what are their salaries?
The average compensation at Plaid House Inc during 2022 was $28,757. There are 37 employees at Plaid House Inc.
Here are 9 key members and their salaries:
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- Compensation: $137,405
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- Other: $5,519
Official website here: www.plaidhouse.org
Where can I find the form 990 for Plaid House Inc?
Plaid House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.plaidhouse.org
Learn more at the official website: www.plaidhouse.org
Mission Statement of Plaid House Inc
Plaid House Inc, a nonprofit organization, is dedicated to providing residential and related services to adolescents. The primary mission of Plaid House is to foster positive growth, independence, and family reunification among its young residents. By teaching essential skills, Plaid House strives to help these adolescents become emotionally and behaviorally stable. This stability enables them to either return home or transition to a less intense level of care. The organization places a significant emphasis on education and life skills development, aiming to nurture the girls under its care into capable, independent adults.
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Impact
October, 2024
Plaid House Inc plays a crucial role in the lives of adolescents, particularly teenage girls, by providing residential services that facilitate emotional and behavioral stability. The organization focuses on teaching essential life skills and fostering an environment that promotes personal growth and independence. By emphasizing education and the development of coping strategies, Plaid House empowers young women to navigate their challenges effectively, preparing them for a smoother transition back to their families or to a less intensive care setting.
The impact of Plaid House extends beyond immediate care; it aims for lasting change in the trajectories of these young girls. By prioritizing family reunification, it not only supports the individual but also strengthens family units, fostering healthier relationships. The skills and confidence gained through the program help these adolescents to emerge as independent adults, equipped to face the challenges of adulthood with resilience and competence. Overall, Plaid House Inc significantly contributes to enhancing the well-being of youth in Morristown, NJ, by addressing their unique needs and helping them build a brighter future.
This information is meant to be a general summary of Plaid House 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: $32,327
- Gross Receipts: $1,824,378
Assets and Liabilities:
- Total Assets: $2,082,035
- Total Liabilities: $93,089
- Net Assets: $1,988,946
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Organization Details
Founding Year
1973
Phone
(973) 267-4008Principal Officer
Marilyn Miller O'Melia
Main Address
54 WESTERN AVENUE, MORRISTOWN, NJ, 07960
Website
www.plaidhouse.orgNTEE Category
Code: P70Z - Human services
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