Overview
What is Inner Peace Homes Inc?
Inner Peace Homes Inc, situated in Bowling Green, Ohio, is a compassionate foster care organization with a mission to support disadvantaged youth. Their primary objective is to provide care and support to these young individuals, aiming to make a positive impact on their lives. The organization's activities are centered around this mission, demonstrating their commitment to making a difference in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Inner Peace Homes Inc has received a respectable Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is derived entirely from its accountability and finance beacon, which it has excelled in, achieving a score of 87%. This rating indicates a reliable level of financial health and ethical governance.
The organization demonstrates robust governance practices, with a fully independent board comprising three members. It has also shown commitment to transparency and risk management, as evidenced by its conflict of interest policy and document retention procedures, both of which received perfect scores. Additionally, the charity maintains a low liabilities-to-assets ratio of 7.15%, indicating solid financial stability.
One notable strength of Inner Peace Homes Inc is its high program expense ratio of 86.53%, suggesting that a significant majority of its expenditures are directed towards its charitable programs. However, while the charity performs well in these areas, there may be limited additional information on its overall impact or program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Inner Peace Homes Inc legitimate?
Inner Peace Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inner Peace Homes 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: $115,954
For more financial information, click here
What is the mission statement of Inner Peace Homes Inc?
Inner Peace Homes, as a foster care organization, is dedicated to providing care for disadvantaged youth. Their mission is centered around offering support and assistance to these young individuals, aiming to make a positive impact on their lives. The organization does not provide specific details about the nature or extent of the care, but its mission statement emphasizes its commitment to disadvantaged youth. The organization may provide various services such as shelter, education, counseling, or other forms of aid to help these youth overcome their challenges and lead fulfilling lives.
Who is the CEO of Inner Peace Homes Inc?
Maralyn Logsdon is the Vice Preside of Inner Peace Homes Inc.
What is the revenue of Inner Peace Homes Inc?
Inner Peace Homes Inc's revenue in 2022 was $467,160.
Who are the executives of Inner Peace Homes Inc and what are their salaries?
The average compensation at Inner Peace Homes Inc during 2022 was $38,651. There are 3 employees at Inner Peace Homes Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Inner Peace Homes Inc?
Inner Peace Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Inner Peace Homes Inc
Inner Peace Homes, a nonprofit organization, is dedicated to caring for disadvantaged youth. Their mission is to provide support and assistance to these young individuals, striving to make a positive impact on their lives. By focusing on the well-being of disadvantaged youth, Inner Peace Homes aims to contribute to their overall development and growth. The organization's mission is to offer a nurturing environment and necessary resources to help these young people overcome challenges and thrive.
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Impact
July, 2024
Inner Peace Homes Inc's impact can be seen in the care and support it provides to disadvantaged youth in Bowling Green, OH. Through its foster care services, Inner Peace Homes Inc works to create a safe and nurturing environment for children who may have faced challenges or adversity in their lives. By offering a stable and caring home, Inner Peace Homes Inc plays a vital role in improving the lives of these vulnerable youth and helping them to build a brighter future. This organization's commitment to serving those in need demonstrates a dedication to making a positive impact in the community and providing essential support to those who need it most.
This information is meant to be a general summary of Inner Peace Homes 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: $177
- Program Service Revenue: $388,078
- Gross Receipts: $467,160
Assets and Liabilities:
- Total Assets: $414,538
- Total Liabilities: $32,344
- Net Assets: $382,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIFFICULTY OF CARE RECEIPTS
Revenue
$388,078
Organization Details
Founding Year
1994
Phone
(419) 354-6525Principal Officer
Maralyn Logsdon
Main Address
136 N MAIN STREET PO BOX 895, BOWLING GREEN, OH, 43402
NTEE Category
Code: P32Z - Human services
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