Overview
What is Independent Living Horizons Twelve Inc?
Independent Living Horizons Twelve Inc, based in Augusta, Georgia, is a nonprofit organization dedicated to supporting individuals with physical disabilities. Their primary mission is to lease affordable housing to these individuals, working in collaboration with the FHA Rent Supplemental Contract. During the fiscal year 2021-2022, six clients benefited from this service, enabling them to live independently and maintain a happy lifestyle. The organization's initiatives contribute significantly to enhancing the quality of life for physically handicapped individuals, promoting their independence and overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Independent Living Horizons Twelve Inc has received a Three-Star rating from Charity Navigator with an overall score of 79%. This rating reflects the organization’s strong performance in accountability and finance, particularly highlighting its commitment to transparency and responsible financial practices. The charity boasts a 100% independent board and has no reported material diversion of assets, which are positive indicators of governance.
The organization excels in several accountability metrics, such as having a comprehensive conflict of interest policy and a whistleblower policy in place, both of which enhance its transparency. The program expense ratio is also commendable at 70.88%, suggesting that a significant portion of its resources is directed towards its programs.
However, the charity faces a notable challenge with a liabilities to assets ratio of 196.14%, which could indicate potential financial vulnerability. This area may warrant attention as it could impact the organization's long-term sustainability and effectiveness. Overall, while Independent Living Horizons Twelve Inc demonstrates strong governance and accountability, stakeholders may want to monitor its financial health closely.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Living Horizons Twelve Inc legitimate?
Independent Living Horizons Twelve Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Living Horizons Twelve 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:
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Other Salaries and Wages: $0
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What is the mission statement of Independent Living Horizons Twelve Inc?
Independent Living Horizons Twelve Inc's primary mission is to provide affordable housing for physically handicapped individuals. This is achieved in conjunction with an FHA rent supplemental contract. The organization's primary goal is to enable individuals with physical disabilities to maintain an independent and happy lifestyle. During the fiscal year from July 1, 2021, to June 30, 2022, six clients were able to reside in these accommodations. The organization's work significantly contributes to the well-being of physically disabled individuals by providing them with suitable living conditions.
Who is the CEO of Independent Living Horizons Twelve Inc?
Dennis B Skelley is the Board Chair of Independent Living Horizons Twelve Inc. The CEO's salary of Independent Living Horizons Twelve Inc is $0 and their total compensation is $93,818.
What is the revenue of Independent Living Horizons Twelve Inc?
Independent Living Horizons Twelve Inc's revenue in 2022 was $70,846.
Who are the executives of Independent Living Horizons Twelve Inc and what are their salaries?
Here are 10 key members and their salaries (Independent Living Horizons Twelve Inc's CEO's salary is $0 and their total compensation is $93,818):
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- Related: $76,979
- Other: $16,839
Where can I find the form 990 for Independent Living Horizons Twelve Inc?
Independent Living Horizons Twelve Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Independent Living Horizons Twelve Inc
Independent Living Horizons Twelve Inc, as a nonprofit organization, is dedicated to a significant mission. Its primary objective is to provide affordable housing for physically handicapped individuals, working in conjunction with FHA rent supplemental contracts. By offering such housing, this organization enables individuals with physical disabilities to live independently and maintain a happy lifestyle. This mission is crucial in providing them with a suitable living environment, thereby enhancing their quality of life and promoting their independence.
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Impact
August, 2024
Independent Living Horizons Twelve Inc's impact can be seen in the six physically handicapped individuals who were able to live in affordable housing during the fiscal year. By providing housing leased to those with physical disabilities in conjunction with FHA rent supplemental contracts, this organization enables individuals to maintain a happy and independent lifestyle in Augusta, GA.
This information is meant to be a general summary of Independent Living Horizons Twelve 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: $5
- Program Service Revenue: $66,965
- Gross Receipts: $70,846
Assets and Liabilities:
- Total Assets: $363,548
- Total Liabilities: $669,798
- Net Assets: -$306,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING REN
Revenue
$66,965
Organization Details
Founding Year
2009
Phone
(706) 261-6184Principal Officer
Dennis B Skelley
Main Address
PO BOX 2223, AUGUSTA, GA, 30901
NTEE Category
Code: L21 - Housing
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