Overview
What is Grace Children's Home Company?
Grace Children's Home Company, operating under the name Grace Foster Care, is a nonprofit organization located in Henderson, Nebraska. The organization's primary mission is to provide foster placement and equine therapy for children in need. This care encompasses various aspects, such as recruiting, training, placing, and supporting foster families. Grace Children's Home Company achieves these services through its trained staff and leverages existing community resources and agencies. With a team of 5 dedicated individuals, the organization strives to ensure the well-being and development of children in their care.
Official website here: www.gracechildrenshome.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, Overall Score: 69%)
Grace Children's Home Company has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and governance. The organization's overall score of 69% reflects some strengths, particularly in its financial management, as evidenced by a high program expense ratio of 94.42%. This suggests that a significant portion of their funds is being directed towards programs rather than administrative costs.
However, the organization faces notable weaknesses in its accountability and transparency practices. The absence of critical policies, such as a conflict of interest policy and whistleblower policy, highlights gaps in governance that could impact stakeholder trust. Additionally, the lack of public financial statements and a posted tax form on their website suggests a need for better communication and openness with current and potential donors.
Despite having a fully independent board with no material diversion of assets, these deficiencies in policy and documentation could hinder the organization's ability to attract support. For Grace Children's Home Company to improve its rating and overall effectiveness, focusing on enhancing governance practices and transparency will be crucial.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Children's Home Company legitimate?
Grace Children's Home Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Children's Home Company 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: $128,811
For more financial information, click here
Official website here: www.gracechildrenshome.com/
What is the mission statement of Grace Children's Home Company?
Grace Children's Home Company's mission is centered around providing foster care placements and equine therapy for children. Their services extend beyond just placement, as they also involve recruiting, training, and supporting foster families. The organization achieves these objectives through its trained staff and by utilizing existing community resources and agencies. Their primary goal is to offer a nurturing environment and therapeutic equine activities to foster children, ultimately contributing to their overall well-being.
Official website here: www.gracechildrenshome.com/
Who is the CEO of Grace Children's Home Company?
Mark Danielson is the President/Ex of Grace Children's Home Company.
Official website here: www.gracechildrenshome.com/
What is the revenue of Grace Children's Home Company?
Grace Children's Home Company's revenue in 2022 was $687,329.
Official website here: www.gracechildrenshome.com/
Who are the executives of Grace Children's Home Company and what are their salaries?
The average compensation at Grace Children's Home Company during 2022 was $25,762. There are 5 employees at Grace Children's Home Company.
Here are 5 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $2,896
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gracechildrenshome.com/
Where can I find the form 990 for Grace Children's Home Company?
Grace Children's Home Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gracechildrenshome.com/
Learn more at the official website: www.gracechildrenshome.com/
Mission Statement of Grace Children's Home Company
Grace Children's Home Company is dedicated to providing foster placement and equine therapy for children. This mission encompasses various aspects, including fostering care recruitment, training, placement, and supporting foster families. The organization achieves these objectives through its trained staff and by leveraging existing community resources and agencies. In essence, Grace Children's Home Company aims to create a nurturing environment for children in need, offering them a supportive foster family and the therapeutic benefits of equine therapy.
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Impact
July, 2024
Grace Children's Home Company's impact lies in providing foster placement and equine therapy for children in need. By offering foster care recruitment, training, placement, and support for foster families, they aim to create a stable and nurturing environment for vulnerable children. Through their trained staff and utilization of existing community resources and agencies, they work towards improving the lives of children who may be facing difficult circumstances. In doing so, Grace Children's Home Company plays a crucial role in supporting the well-being and development of children in the community.
This information is meant to be a general summary of Grace Children's Home Company. 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.
- Investment Income: $91,482
- Program Service Revenue: $21,971
- Gross Receipts: $1,119,819
Assets and Liabilities:
- Total Assets: $3,129,940
- Total Liabilities: $12,646
- Net Assets: $3,117,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNSELING/FOSTER CARE
Revenue
$21,971
Organization Details
Founding Year
1942
Phone
(402) 723-5725Principal Officer
Mark Danielson
Main Address
PO BOX 519, HENDERSON, NE, 68371
Website
www.gracechildrenshome.com/NTEE Category
Code: P70Z - Human services
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