Overview
What is Our Space Inc?
Our Space Inc is a nonprofit organization that focuses on providing support services to individuals struggling with mental illness. The unique aspect of this organization is its peer-based network, where members play an active role at every management level. The aim is to empower these individuals and encourage their active participation in the center's philosophy. This community-driven approach helps foster a supportive environment, offering a sense of unity and camaraderie to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star Rating.
Our Space Inc demonstrates a strong commitment to financial accountability and transparency, as evidenced by its 86% overall score from Charity Navigator. The organization boasts a fully independent board and exhibits excellent practices in governance, with no material diversion of assets reported and a comprehensive whistleblower policy in place. The charity's financial statements are audited, contributing to its strong financial standing.
One of the organization's notable strengths is its high program expense ratio of 91.60%, indicating that a significant portion of its resources is dedicated directly to its mission-driven programs. Additionally, it showcases a low liabilities to assets ratio of 8.13%, reflecting a solid financial health that allows the organization to effectively manage its resources.
While the charity has received a favorable rating, potential donors may want to consider the competitive landscape of nonprofits to ensure that their contributions align with their philanthropic goals. Overall, Our Space Inc reveals strong governance and financial management, making it a trustworthy option for donors looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Our Space Inc legitimate?
Our Space Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Space 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: $981,959
For more financial information, click here
What is the mission statement of Our Space Inc?
Our Space Inc's mission entails providing support services to individuals struggling with mental illness through a peer-based network. The organization operates on a membership model, where members actively engage in all aspects of its management. The core focus of Our Space is to empower its members and encourage their active participation in shaping the center's philosophy. The center values the involvement of its members and aims to foster an environment that empowers them.
Who is the CEO of Our Space Inc?
Nora Hitchcock is the President of Our Space Inc.
What is the revenue of Our Space Inc?
Our Space Inc's revenue in 2022 was $1,766,711.
Who are the executives of Our Space Inc and what are their salaries?
The average compensation at Our Space Inc during 2022 was $28,056. There are 35 employees and 1 volunteer at Our Space Inc.
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Where can I find the form 990 for Our Space Inc?
Our Space Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Our Space Inc
Our Space Inc, a non-profit organization, is dedicated to providing support services for individuals struggling with mental illness. At the heart of their mission is a peer-based network, where members take an active role in every aspect of the organization's management. The center empowers its members, encouraging their involvement in shaping the center's philosophy. Their mission is centered around fostering a sense of community and empowerment among those who are mentally ill, fostering an environment where they can thrive and recover.
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Impact
June, 2024
Our Space Inc, based in Milwaukee, WI, is dedicated to providing crucial support services for individuals dealing with mental illness. Through its peer-based network, the organization offers a unique approach that empowers individuals to actively engage in managing the center. Members are encouraged to participate at all levels, fostering a sense of community and independence. By focusing on member involvement and empowerment, Our Space Inc plays a vital role in improving the well-being and quality of life for those facing mental health challenges.
This information is meant to be a general summary of Our Space 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.
- Program Service Revenue: $354,490
- Gross Receipts: $1,766,711
Assets and Liabilities:
- Total Assets: $1,160,026
- Total Liabilities: $94,388
- Net Assets: $1,065,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other program Services
Revenue
$354,490
Organization Details
Founding Year
1987
Phone
(414) 383-8921Principal Officer
Nora Hitchcock
Main Address
1527 W NATIONAL AVENUE, MILWAUKEE, WI, 53204
NTEE Category
Code: F32 - Mental health
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