Overview
What is On Our Own Iv Inc?
On Our Own Iv Inc is a nonprofit organization situated in Hot Springs, Arkansas. Their primary mission is to provide housing and supportive services for 14 disabled adults, aiming to enhance their overall quality of life. The organization's activities are centered around this mission, offering a comprehensive support system to the disabled adults they serve. Their work includes creating an environment that fosters independence and empowerment, enabling these individuals to lead fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
On Our Own Iv Inc has achieved an 80% score, which translates into a Three-Star rating, primarily based on its Accountability & Finance metrics. This rating indicates a strong commitment to financial transparency and responsible governance, reflecting positively on the organization's operational practices.
The organization demonstrates a robust governance structure, with a fully independent board comprising ten members, earning the maximum points in this area. It has also shown no material diversion of assets and maintains a conflict of interest policy, contributing to its high accountability score. Additionally, the low liabilities to assets ratio suggests sound financial health.
Despite these strengths, the rating is solely based on the Accountability & Finance category, indicating a lack of additional performance metrics often considered in broader evaluations. This limitation may suggest a need for further information on the organization’s program impact and effectiveness beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is On Our Own Iv Inc legitimate?
On Our Own Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. On Our Own Iv 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.
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What is the mission statement of On Our Own Iv Inc?
On Our Own Iv Inc is committed to providing housing and support for disabled adults. This organization's mission is to cater to the needs of this specific group, aiming to enhance their quality of life. They have successfully provided housing and support to 14 individuals, demonstrating their dedication and effectiveness in achieving their mission. The focus of their activities is to ensure that disabled adults have a supportive environment where they can thrive. They strive to create an inclusive community where these individuals can live independently and with dignity.
Who is the CEO of On Our Own Iv Inc?
Chris Smith is the Director of On Our Own Iv Inc.
What is the revenue of On Our Own Iv Inc?
On Our Own Iv Inc's revenue in 2022 was $66,488.
Who are the executives of On Our Own Iv Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for On Our Own Iv Inc?
On Our Own Iv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of On Our Own Iv Inc
On Our Own Iv Inc, as its name suggests, is committed to providing housing and support for disabled adults. The organization's mission is centered around ensuring that disabled adults have a secure living environment and the necessary assistance to lead fulfilling lives. By offering housing, On Our Own Iv Inc provides a fundamental need, enabling these individuals to focus on other aspects of their well-being. Additionally, the organization extends its support beyond just providing a place to live. This comprehensive approach includes offering necessary aid to the 14 disabled adults under its care, ensuring they have the resources they need to thrive.
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Impact
August, 2024
On Our Own IV Inc's impact is significant in providing housing and support for disabled adults. Through their efforts, they have directly improved the lives of 14 disabled adults in Hot Springs, Arkansas. By offering a safe and supportive living environment, this organization is ensuring that these individuals have access to the resources and care they need to thrive and live independently. Their mission to provide housing and support for disabled adults is making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of On Our Own Iv 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: $16
- Program Service Revenue: $66,472
- Gross Receipts: $66,488
Assets and Liabilities:
- Total Assets: $527,285
- Total Liabilities: $53,683
- Net Assets: $473,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - TENTANTS
Revenue
$45,968
TENANT RENTAL ASSISTANCE
Revenue
$20,504
Organization Details
Founding Year
2003
Phone
(501) 321-4329Principal Officer
Chris Smith
Main Address
PO BOX 2440, HOT SPRINGS, AR, 71914
NTEE Category
Code: L20 - Housing
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