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Prentice House Inc

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

EIN: 391724552 ✦ Ashland, WI ✦ Designated as a 501(c)(3)

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Overview

What is Prentice House Inc?

Prentice House Inc, located in Ashland, Wisconsin, is a dedicated nonprofit organization that offers a range of personalized services to its residents and families in a community-based setting. Their approach combines both on-site and community-based services, incorporating evidence-based practices and a trauma-informed care philosophy. The organization specializes in providing residential treatment and counseling services to 48 young men, focusing on relationship building and promoting lasting change in a structured environment. Their offerings include an on-site school, clinical supervision, individual and family therapy, community-based A.O.D.A. treatment, psychiatric services, and equine therapy, among others. They also collaborate with community partners for academic tutoring, pediatric occupational therapy, medical services, and custom and cultures support groups. Additionally, they organize weekly group sessions, extra-curricular activities, recreational opportunities, community service projects, transportation services, and prudent parenting activities. Post-care, transition, and reunification services are also provided.


Official website here: www.prenticehouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star Rating

Prentice House Inc has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in its Accountability & Finance. This rating is based on a comprehensive assessment of various financial metrics, with a total score of 93%. Such a high rating indicates that the organization maintains transparency and effective financial management, which is critical for donor trust and support.

The organization demonstrates a robust governance structure, with 80% of its board members being independent, ensuring impartial oversight. Additionally, the presence of thorough audit practices and various governance policies, such as conflict of interest and whistleblower policies, underscores their commitment to ethical operations. Their financial ratios, including a program expense ratio of 75.45%, suggest that the majority of their resources are allocated to their mission-focused programs.

While the organization shows strong financial health, with a liabilities-to-assets ratio of 53.81%, there is room for improvement in this area to enhance overall stability. Nonetheless, Prentice House Inc's solid performance in key areas of accountability positions it as a reliable choice for donors seeking to support impactful nonprofit efforts.


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

Is Prentice House Inc legitimate?

Prentice House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prentice House 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: $111,945
Professional Fundraising Fees: $0
Other Salaries and Wages: $732,342

For more financial information, click here


Official website here: www.prenticehouse.org

What is the mission statement of Prentice House Inc?

Prentice House Inc's mission is centered around providing residential treatment and counseling services to a number of young men, primarily through referrals and contracts from local governments. Their approach is grounded in evidence-based practices, relationship building, and trauma-informed care, aiming to promote lasting change in a structured environment. The organization offers a blend of on-site and community-based services, including on-site schooling, clinical supervision, individual and family therapy, AODA treatment, psychiatric services, equine therapy, academic tutoring, and various medical services. They also facilitate independent living assessments, cultural support groups, group therapies, extra-curricular activities, and community service projects. Prentice House Inc provides transportation services, prudent parenting activities, and aftercare/transition services to ensure a smooth reintegration into society for their clients.


Official website here: www.prenticehouse.org

Who is the CEO of Prentice House Inc?

Michael Turgeon is the President/Executive Director of Prentice House Inc.


Official website here: www.prenticehouse.org

What is the revenue of Prentice House Inc?

Prentice House Inc's revenue in 2022 was $1,467,717.


Official website here: www.prenticehouse.org

Who are the executives of Prentice House Inc and what are their salaries?

The average compensation at Prentice House Inc during 2022 was $29,113. There are 29 employees and 4 volunteers at Prentice House Inc.


Here are 5 key members and their salaries:


Michael Turgeon (President/Executive Director)
  • Compensation: $100,000
  • Related: $0
  • Other: $11,945
James Lynn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Masterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Schults (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prenticehouse.org

Where can I find the form 990 for Prentice House Inc?

Prentice House Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.prenticehouse.org

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

Mission Statement of Prentice House Inc

Prentice House Inc is dedicated to providing residential treatment and counseling services to a number of young men, primarily through referrals and contracts from local governments. Their mission is centered around offering a structured environment that promotes real and lasting change for these individuals. This is achieved through a blend of individualized services, both on-site and in the community, grounded in a philosophy of relationship building and trauma-informed care.

In this community-based setting, Prentice House Inc provides a range of services tailored to the needs of its residents and their families. These services include on-site education facilities, clinical supervision, individual and family therapy, outpatient substance abuse treatment, psychiatric and medication management, equine therapy, academic tutoring, pediatric occupational therapy, medical services, independent living assessments, culture and support groups, extra-curricular activities, recreational opportunities, community service projects, transportation services, prudent parenting activities, and aftercare/transition services.

In essence, Prentice House Inc aims to provide a holistic approach to rehabilitation, addressing the physical, emotional, and social needs of its young male residents, with the ultimate goal of helping them reintegrate into society.

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Impact




July, 2024

Prentice House Inc's impact can be seen in the transformative residential treatment and counseling services provided to young men in need. By offering a blend of on-site and community-based services grounded in evidence-based practices and trauma-informed care, Prentice House Inc promotes real and lasting change in a structured environment. In the city of Ashland, Wisconsin, this organization has successfully provided a wide range of individualized services to its residents and families, including academic support, therapy, medical services, recreational activities, and community service projects. Through partnerships and dedicated programs, Prentice House Inc strives to address the needs of these young men and support them in their journey towards independence and reunification.




This information is meant to be a general summary of Prentice House 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
$1,467,717 (2022)
Expenses
$1,367,726 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,467,717
  • Gross Receipts: $1,467,717

Assets and Liabilities:

  • Total Assets: $398,512
  • Total Liabilities: $214,443
  • Net Assets: $184,069

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Programs

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

COUNTY CONTRACTS

Revenue

$1,429,675

DEPT OF PUBLIC INSPECT

Revenue

$38,042

Organization Details

Founding Year

1992

Principal Officer

Michael Turgeon

Main Address

517 BEASER AVENUE, ASHLAND, WI, 54806

NTEE Category

Code: P70Z - Human services

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