Overview
What is Madonna House Of Northern Ky Inc?
Madonna House of Northern Ky Inc is a nonprofit organization located at 25 Orphanage Rd, Ft Mitchell, KY 41017. Its primary mission is to provide a home and support for young single mothers in need. The organization offers various skills training programs to help these mothers become emotionally, financially, spiritually, and educationally prepared for independent living. With a dedicated team of four employees, Madonna House strives to empower these young mothers and equip them with the necessary tools to navigate their future independently.
Official website here: www.madonnahousenky.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating. Madonna House of Northern Ky Inc has demonstrated exceptional performance in accountability and finance, earning a high score primarily based on these criteria. The charity's transparency and governance practices are commendable, showcasing a commitment to ethical management and resource allocation.
The organization boasts a fully independent board, with all 10 members meeting the criteria for independence, which enhances its oversight and decision-making processes. It has also successfully implemented various policies including conflict of interest, whistleblower protection, and document retention, indicating a strong governance framework.
One notable strength is the high program expense ratio of 92.63%, demonstrating that the majority of its financial resources are directed towards its programs rather than administrative costs. However, there are no significant limitations noted in the available data, making Madonna House of Northern Ky Inc a highly rated option for potential donors seeking effective philanthropic engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Madonna House Of Northern Ky Inc legitimate?
Madonna House Of Northern Ky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madonna House Of Northern Ky 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: $28,976
For more financial information, click here
Official website here: www.madonnahousenky.org
What is the mission statement of Madonna House Of Northern Ky Inc?
Madonna House of Northern Ky Inc's mission is centered around providing a supportive environment for young single mothers. The primary goal is to empower these mothers, helping them develop emotionally, financially, spiritually, and educationally, with the aim of enabling them to live independently. The organization offers various skills training programs as part of its comprehensive approach.
Official website here: www.madonnahousenky.org
Who is the CEO of Madonna House Of Northern Ky Inc?
Peggy A Schutzman is the Dir. - Pres. of Madonna House Of Northern Ky Inc.
Official website here: www.madonnahousenky.org
What is the revenue of Madonna House Of Northern Ky Inc?
Madonna House Of Northern Ky Inc's revenue in 2023 was $111,933.
Official website here: www.madonnahousenky.org
Who are the executives of Madonna House Of Northern Ky Inc and what are their salaries?
The average compensation at Madonna House Of Northern Ky Inc during 2023 was $7,244. There are 4 employees and 55 volunteers at Madonna House Of Northern Ky Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.madonnahousenky.org
Where can I find the form 990 for Madonna House Of Northern Ky Inc?
Madonna House Of Northern Ky Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.madonnahousenky.org
Learn more at the official website: www.madonnahousenky.org
Mission Statement of Madonna House Of Northern Ky Inc
Madonna House of Northern Ky Inc, a nonprofit organization, is dedicated to supporting young single mothers. Their mission is multifaceted, encompassing the preparation of these mothers in various aspects of life. They aim to emotionally strengthen these women, help them achieve financial stability, foster spiritual growth, and enhance their educational background, all with the ultimate goal of enabling them to live independently. The organization offers various skills training programs to achieve these objectives, thereby equipping the young mothers with the necessary tools to navigate their future independently.
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Impact
October, 2024
Madonna House of Northern KY Inc profoundly impacts the lives of young single mothers by providing a nurturing home and essential resources needed for independent living. The organization focuses on emotional, financial, spiritual, and educational preparation, equipping mothers with the skills necessary to thrive. Through various skills training programs, residents gain valuable knowledge and experience that empower them to achieve self-sufficiency and improve their overall quality of life. By fostering a supportive community, Madonna House not only addresses immediate needs but also lays the groundwork for long-term success, ultimately transforming lives and breaking cycles of hardship.
This information is meant to be a general summary of Madonna House Of Northern Ky 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 2023.
- Investment Income: $547
- Program Service Revenue: $1,040
- Gross Receipts: $111,933
Assets and Liabilities:
- Total Assets: $613,113
- Total Liabilities: -$1,184
- Net Assets: $614,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Below Market Rents
Revenue
$1,040
Organization Details
Founding Year
1985
Phone
(859) 341-1191Principal Officer
Peggy A Schutzman
Main Address
25 Orphanage Rd, Ft Mitchell, KY, 410173075
Website
www.madonnahousenky.orgNTEE Category
Code: P40 - Human services
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