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Marie's House Of Hope Inc

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

EIN: 461691910 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

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Overview

What is Marie's House Of Hope Inc?

Marie's House of Hope Inc is a nonprofit organization, specifically located in Dayton, Ohio. Their mission is uniquely tailored to support young adults aged 16-21 who require intensive services to develop their independent living skills. As a licensed independent living home, they specialize in teaching these older teenagers the essential skills necessary for navigating community life. This first step towards independence is provided in a secure environment, allowing them to learn new skills before transitioning out of care. The organization currently employs 28 individuals in fulfilling this vital mission.


Official website here: www.marieshouseofhopeinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Marie's House Of Hope Inc has earned a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score highlights that the organization adheres to high standards, with 100% of its board members being independent and demonstrating a commitment to sound governance practices. The charity has also achieved full points in critical areas such as financial oversight and conflict of interest policies.

The organization boasts an impressive program expense ratio of 86.58%, indicating that a significant majority of its funds are directed towards its mission-related programs. This efficiency showcases Marie's House Of Hope Inc's dedication to maximizing its resource allocation for impactful community support. Additionally, the charity's liabilities to assets ratio is a healthy 25.67%, suggesting a stable financial position.

While the data is overwhelmingly positive, it is essential to recognize that the evaluation is based solely on the Accountability & Finance beacon, which means that factors such as impact and effectiveness are not assessed in this rating. However, the transparency and governance demonstrated by the organization provide a solid foundation for trust among donors and stakeholders.


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

Is Marie's House Of Hope Inc legitimate?

Marie's House Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marie's House Of Hope 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: $276,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $672,464

For more financial information, click here


Official website here: www.marieshouseofhopeinc.org

What is the mission statement of Marie's House Of Hope Inc?

Marie's House of Hope Inc. is an organization dedicated to assisting young individuals aged 16-21 who require intensive support in developing their independent living skills. As a licensed independent living home, its primary focus is on teaching these older teens the essential skills necessary for navigating community life. This transitional period serves as a crucial step towards their independence while providing a secure environment for them to acquire new skills and prepare for life beyond care. The organization's mission is to foster self-sufficiency and independence in these young adults, thereby empowering them to thrive in their future endeavors.


Official website here: www.marieshouseofhopeinc.org

What is the revenue of Marie's House Of Hope Inc?

Marie's House Of Hope Inc's revenue in 2023 was $1,524,251.


Official website here: www.marieshouseofhopeinc.org

Who are the executives of Marie's House Of Hope Inc and what are their salaries?

The average compensation at Marie's House Of Hope Inc during 2023 was $20,180. There are 47 employees at Marie's House Of Hope Inc.

Here are 6 key members and their salaries:


Irvin Mcdonald (Executive D)
  • Compensation: $276,000
  • Related: $0
  • Other: $0
Marilyn Benson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Brigham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Cunningham (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gales (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Gowdy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marieshouseofhopeinc.org

Where can I find the form 990 for Marie's House Of Hope Inc?

Marie's House Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.marieshouseofhopeinc.org

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

Mission Statement of Marie's House Of Hope Inc

Marie's House of Hope Inc is a licensed independent living home dedicated to serving young people between the ages of 16 and 21 who require intensive support to develop their independent living skills. This nonprofit organization's mission is uniquely tailored to these older teens, providing them with a safe environment to learn the essential skills necessary for living independently in the community. Marie's House of Hope Inc serves as an initial step towards self-sufficiency, offering an opportunity for these young individuals to acquire vital life skills before transitioning out of care.

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Impact




July, 2024

Marie's House Of Hope Inc provides a crucial lifeline for young men and women aged 16-21 who require intensive support to develop their independent living skills. By offering a licensed independent living home, the organization equips older teens with the necessary tools to thrive in the community and take the first steps towards independence. This safe environment serves as a learning space where these individuals can acquire new skills before transitioning out of care. The impact of Marie's House Of Hope Inc extends beyond shelter, as it empowers young adults to navigate the challenges of adulthood with confidence and resilience.




This information is meant to be a general summary of Marie's House Of Hope 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
$1,524,251 (2023)
Expenses
$1,946,720 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,524,251
  • Gross Receipts: $1,524,251

Assets and Liabilities:

  • Total Assets: $877,368
  • Total Liabilities: $225,304
  • Net Assets: $652,064

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Programs

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

OJFS

Revenue

$1,524,251

Organization Details

Founding Year

2012

Principal Officer

Irvin Mcdonald

NTEE Category

Code: P73 - Human services

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