Overview
What is Genesis By The Lake Inc?
Genesis By The Lake Inc is a nonprofit organization situated in Sandusky, Ohio, with an address at 5006 Timber Commons Drive. Their primary focus is on providing recovery housing for women who are recovering from substance abuse and their children, ensuring a safe and sober living environment. The organization's mission is to support these women in their journey towards recovery, offering a sanctuary that promotes healing and growth. They strive to empower these women and their children, helping them rebuild their lives and move forward towards a brighter future.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Genesis By The Lake Inc has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The rating indicates that the organization has robust governance practices, including a fully independent board and comprehensive policies on conflicts of interest and whistleblower protections. These factors contribute positively to the organization’s credibility and trustworthiness.
The charity excels in its program expense ratio, scoring a perfect 100.00%, which suggests that it allocates all of its resources directly towards its mission-related activities. This focus on program expenses is a strong indicator of effective resource management, appealing to potential donors and supporters who prioritize impactful contributions.
However, the organization faces a significant challenge with its liabilities to assets ratio, which stands at 109.03%, resulting in a score of zero in that area. This may indicate potential financial instability, which is a concern that stakeholders should consider when evaluating the organization's overall health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis By The Lake Inc legitimate?
Genesis By The Lake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis By The Lake 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: $0
For more financial information, click here
What is the mission statement of Genesis By The Lake Inc?
Genesis By The Lake Inc aims to provide a safe and sober living environment for recovering women and their children, offering them recovery housing. The organization's mission is centered around empowering these individuals to begin a new chapter in their lives, free from substance abuse. Through this supportive and secure living arrangement, the organization hopes to contribute to the overall well-being and recovery of these women and their families. Furthermore, Genesis By The Lake Inc strives to create an atmosphere of healing and hope, fostering the necessary conditions for long-term recovery and personal growth.
Who is the CEO of Genesis By The Lake Inc?
Susan Prentice is the President of Genesis By The Lake Inc.
What is the revenue of Genesis By The Lake Inc?
Genesis By The Lake Inc's revenue in 2022 was $21,900.
Who are the executives of Genesis By The Lake Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Genesis By The Lake Inc?
Genesis By The Lake Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Genesis By The Lake Inc
Genesis By The Lake Inc, a nonprofit organization, is dedicated to providing a safe and sober living environment for recovering women and their children. This organization offers recovery housing, aiming to offer a secure place for women in recovery and their children to rebuild their lives. Through their mission, Genesis By The Lake Inc offers a sanctuary where women can focus on their recovery, free from the distractions and triggers that often come with their previous environments. By providing a sober living environment, the organization allows these women to establish a foundation for a healthier, drug-free life while also ensuring the well-being of their children.
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Impact
June, 2024
Genesis By The Lake Inc provides crucial support and resources for recovering women and their children in Sandusky, Ohio. By offering recovery housing in a safe and sober living environment, this organization plays a vital role in helping individuals on their journey towards mental health and well-being. Their impact is felt through the provision of a stable and supportive environment for those in recovery, ultimately contributing to healthier and more stable lives for the women and children they serve.
This information is meant to be a general summary of Genesis By The Lake 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: $21,900
- Gross Receipts: $21,900
Assets and Liabilities:
- Total Assets: $288,168
- Total Liabilities: $288,756
- Net Assets: -$588
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$21,900
Organization Details
Founding Year
2015
Phone
(419) 239-9358Principal Officer
Susan Prentice
Main Address
5006 TIMBER COMMONS DRIVE, SANDUSKY, OH, 44870
NTEE Category
Code: F20 - Mental health
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