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Home Of The Sparrow Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363494491 ✦ Woodstock, IL ✦ Designated as a 501(c)(3)

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Overview

What is Home Of The Sparrow Inc?

Home of the Sparrow Inc, located in Woodstock, Illinois, is a nonprofit organization with a mission to offer hope, opportunity, and support, aiding women and children as they transition from homelessness to self-sufficiency. Their primary means of funding and resources comes from seven thrift store locations scattered across Cary, McHenry, Mudelein, Palatine, Woodstock, Third Lake, and Arlington Heights. The organization collects donations and sells these items in their stores, utilizing the income to sustain their programs and initiatives. The nonprofit's activities focus on providing essential support and services that help women and children overcome homelessness and build a stable, independent life.


Official website here: www.hosparrow.org

What are the reviews and ratings of this charity?

Home Of The Sparrow Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, with an overall score of 95%. This rating reflects the charity's strong performance in accountability and finance, where it scored 96% for FY2023. Key elements contributing to this high rating include full independence on its board, well-structured financial oversight, and no reported material diversion of assets.

The organization demonstrates a strong commitment to its mission, with a program expense ratio of 93.81%, indicating that a significant portion of its financial resources directly supports its programs. The Culture & Community score of 91% further underscores its effectiveness in engaging constituents and utilizing their feedback effectively, showcasing robust feedback collection and usage practices.

However, while the organization excels in many areas, it faces challenges in the impact and measurement of its programs as well as in leadership and adaptability, which cannot currently be evaluated. This could indicate opportunities for growth and improvement in demonstrating the long-term impact of its initiatives. Overall, the organization is well-regarded for its financial health and commitment to transparency.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Home Of The Sparrow Inc?

96% of 17 reviewers on Facebook recommend Home Of The Sparrow Inc. Here is a summary of their reviews:

Overall sentiment appears to be favorable towards the nonprofit's mission and the positive impact it aims to create. Many users appreciate the services provided by Home Of The Sparrow, highlighting the organization's commitment to supporting those in need. However, one particularly negative experience stands out, detailing a distressing furniture donation process that left a donor feeling frustrated and disappointed. This account emphasizes issues with communication and care during the pickup process, which tarnished an otherwise positive perception of the organization.

In summary, while the majority of reviewers express satisfaction with Home Of The Sparrow's initiatives, it's important to acknowledge the concerns raised surrounding specific interactions that may affect overall donor experiences.


This AI summary has been generated from reviews found on Facebook.

Is Home Of The Sparrow Inc legitimate?

Home Of The Sparrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Of The Sparrow 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: $116,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,220,957

For more financial information, click here


Official website here: www.hosparrow.org

What is the mission statement of Home Of The Sparrow Inc?

Home of the Sparrow Inc's mission is centered around offering hope, opportunities, and support to empower women and children as they transition from homelessness towards self-sufficiency. The organization strives to accomplish this by providing necessary resources and assistance during this transformative journey. Their activities extend beyond mere provision of aid; they empower individuals, helping them regain control of their lives.

One of their key initiatives is the Sparrows Nest program, which operates seven thrift stores across various locations. These stores primarily rely on donations for their inventory, which are then resold to generate revenue. The earnings from these sales support the organization's existing programs, thereby contributing to their overall mission.


Official website here: www.hosparrow.org

Who is the CEO of Home Of The Sparrow Inc?

Dean Karamagianis is the Executive Director of Home Of The Sparrow Inc.


Official website here: www.hosparrow.org

What is the revenue of Home Of The Sparrow Inc?

Home Of The Sparrow Inc's revenue in 2023 was $7,995,446.


Official website here: www.hosparrow.org

Who are the executives of Home Of The Sparrow Inc and what are their salaries?

The average compensation at Home Of The Sparrow Inc during 2023 was $21,393. There are 156 employees and 535 volunteers at Home Of The Sparrow Inc.


Here are 12 key members and their salaries:


Matthew Kostecki (Executive Director)
  • Compensation: $117,962
  • Related: $0
  • Other: $12,743
Bill Koenig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Silver (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Karamagianis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Webb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Devorse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Eiermann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Christensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnathan Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Thorpe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Wegener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Rosenbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hosparrow.org

Where can I find the form 990 for Home Of The Sparrow Inc?

Home Of The Sparrow Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hosparrow.org

Learn more at the official website: www.hosparrow.org

Mission Statement of Home Of The Sparrow Inc

Home of the Sparrow Inc is dedicated to extending hope, opportunities, and support, empowering women and children as they transition from homelessness to self-sufficiency. The organization's mission is centered around providing a pathway for these individuals to regain control of their lives and overcome the challenges associated with homelessness. By offering hope, they inspire resilience and optimism, while opportunities and support are essential tools that enable these women and children to build a solid foundation for their future. Through various programs and services, Home of the Sparrow Inc strives to make a tangible difference in the lives of those it serves.

One of Home of the Sparrow Inc's primary initiatives is the Sparrows Nest program, which operates seven thrift stores in different locations. These stores serve a dual purpose: providing a source of income through the sale of donated items, with the proceeds supporting the organization's existing programs. Furthermore, by offering affordable clothing and household items, the thrift stores help those in need during their journey towards self-sufficiency. The income generated from Sparrows Nest allows Home of the Sparrow Inc to make a meaningful impact on the lives of women and children, supporting them in their quest for a brighter future.

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Impact




October, 2024

Home Of The Sparrow Inc. has a significant impact on the lives of women and children experiencing homelessness by providing essential hope, opportunity, and support. Through its programs, it empowers individuals to transition from homelessness to self-sufficiency.

A key element of this impact is the Sparrows Nest, a network of seven thrift store locations across Illinois, including Cary, McHenry, Mundelein, Palatine, Woodstock, Third Lake, and Arlington Heights. These stores receive inventory through generous donations, which are then resold to generate income. The revenue from the thrift stores directly supports various programs designed to assist women and children in overcoming the challenges of homelessness.

By offering both immediate resources through its thrift stores and comprehensive support programs, Home Of The Sparrow Inc. plays a crucial role in fostering resilience and self-sufficiency among its clients, significantly contributing to the reduction of homelessness in the community.




This information is meant to be a general summary of Home Of The Sparrow 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.

Revenue
$7,995,446 (2023)
Expenses
$7,290,450 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $78,479
  • Program Service Revenue: $180,113
  • Gross Receipts: $8,068,023

Assets and Liabilities:

  • Total Assets: $14,480,578
  • Total Liabilities: $4,678,633
  • Net Assets: $9,801,945

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Revenue

Revenue

$180,113

Organization Details

Founding Year

1987

Principal Officer

Dean Karamagianis

Main Address

1991 Duncan Place, Woodstock, IL, 60098

NTEE Category

Code: L41Z - Housing

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