Overview
What is Shiloh Place Mckinney?
Shiloh Place Mckinney is a nonprofit organization situated in McKinney, Texas. Its primary mission is to assist single mothers and their children by providing affordable housing, childcare, and educational support. The organization operates six furnished apartments, each accommodating a single mother and her children during their program tenure. Shiloh Place Mckinney covers utility expenses and pays for childcare costs while the mothers are employed or attending school. Furthermore, the organization supports higher education pursuits by covering tuition, supplies, books, training, certification expenses, and necessary equipment. The nonprofit's ultimate goal is to equip these single mothers with the necessary tools for financial independence and personal well-being, addressing their physical, educational, emotional, and spiritual needs. Shiloh Place Mckinney currently employs a team of nine individuals.
Official website here: www.shilohplacemckinney.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
Shiloh Place McKinney has achieved an impressive overall score of 95%, reflecting strong accountability and financial practices. With a perfect score for having an entirely independent board and robust financial oversight, the organization demonstrates a commitment to transparency and integrity. Its low liabilities to assets ratio and high program expense ratio indicate that a significant portion of its funding goes directly to its programs, which is a positive sign for potential donors.
In addition to fiscal responsibility, Shiloh Place McKinney scores well in community engagement and equity strategies, with a culture and community score of 75. This suggests that the organization is making efforts to connect with and serve its community effectively, though there is room for improvement in equity initiatives. Overall, the organization is positioned well within the nonprofit sector, indicating a solid foundation for continued growth and impact.
While the financial data reflects stability and effectiveness, potential areas of enhancement may include further development of equity strategies to better meet diverse community needs. Nonetheless, the organization's strong performance in various metrics underscores its reliability and effectiveness as a nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shiloh Place Mckinney legitimate?
Shiloh Place Mckinney is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shiloh Place Mckinney 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:
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Other Salaries and Wages: $276,644
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Official website here: www.shilohplacemckinney.com
What is the mission statement of Shiloh Place Mckinney?
Shiloh Place, an organization, aims to empower single mothers towards financial independence and personal well-being. They achieve this by addressing the physical, educational, emotional, and spiritual needs of their clients. The organization provides furnished apartments with housing and utilities, covers childcare expenses while mothers work or attend school, and helps with tuition, supplies, books, and certification expenses as clients pursue higher education or professional certifications. The mission is to equip single mothers with the necessary resources to lead independent and fulfilling lives.
Official website here: www.shilohplacemckinney.com
Who is the CEO of Shiloh Place Mckinney?
Elizabeth Thern is the Treasurer of Shiloh Place Mckinney.
Official website here: www.shilohplacemckinney.com
What is the revenue of Shiloh Place Mckinney?
Shiloh Place Mckinney's revenue in 2022 was $2,452,968.
Official website here: www.shilohplacemckinney.com
Who are the executives of Shiloh Place Mckinney and what are their salaries?
The average compensation at Shiloh Place Mckinney during 2022 was $30,738. There are 9 employees and 101 volunteers at Shiloh Place Mckinney.
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Official website here: www.shilohplacemckinney.com
Where can I find the form 990 for Shiloh Place Mckinney?
Shiloh Place Mckinney's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shilohplacemckinney.com
Learn more at the official website: www.shilohplacemckinney.com
Mission Statement of Shiloh Place Mckinney
Shiloh Place, a nonprofit organization, is committed to empowering single mothers towards financial independence and personal wholeness. To achieve this, the organization addresses the physical, educational, emotional, and spiritual needs of these mothers and their children. This is done by providing housing, childcare, and educational support. The housing aspect involves six furnished apartments, each accommodating a single mother and her children while they participate in the program. In addition, Shiloh Place covers childcare expenses allowing mothers to work or pursue education. The organization also covers tuition, supplies, books, training, certification expenses, and any necessary equipment as the mothers pursue higher education or professional certifications. This holistic approach aims to equip single mothers with the tools needed to build a better future for themselves and their families.
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Impact
July, 2024
Shiloh Place McKinney's impact is significant in equipping single mothers for financial independence and personal wholeness by addressing their physical, educational, emotional, and spiritual needs. Through providing housing, childcare, and covering education expenses, Shiloh Place McKinney empowers single mothers by offering them a stable living environment, support for their children, and the opportunity to pursue higher education or professional certifications. This comprehensive assistance ultimately helps single mothers break the cycle of poverty and create a better future for themselves and their families.
This information is meant to be a general summary of Shiloh Place Mckinney. 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.
- Gross Receipts: $2,452,968
Assets and Liabilities:
- Total Assets: $4,113,581
- Total Liabilities: $42,158
- Net Assets: $4,071,423
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Organization Details
Founding Year
2011
Phone
(469) 534-9407Principal Officer
Elizabeth Thern
Main Address
PO BOX 2731, MCKINNEY, TX, 750708175
Website
www.shilohplacemckinney.comNTEE Category
Code: L40 - Housing
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