Overview
What is Hay Center Foundation?
The Hay Center Foundation is a nonprofit organization situated in Houston, Texas. Its primary mission is to assist foster youth as they transition into adulthood by offering various services. The foundation operates under the HAY Center Housing Continuum, which includes Bridge Housing and Housing Options. Bridge Housing provides youth with a temporary, rent-free living space while they participate in intensive case management, life skills training, and employment or education programs. Housing Options, a public-private partnership, offers housing vouchers through the Houston Housing Authority, and the foundation covers additional expenses like deposits and utilities to help youth move into apartments. The ultimate goal is to prepare these youth for independent living. From 2021 to 2022, the Hay Center participated in a Pandemic Aid Relief program to support foster youth with housing, education, and other basic needs.
Official website here: www.haycenter.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Four-Star out of Four Stars (100%)
The Hay Center Foundation has achieved a perfect score of 100% on Charity Navigator, reflecting exceptional performance in accountability and finance. This high rating indicates a strong commitment to transparency and effective management of resources, which is vital for fostering donor trust and support.
One of the organization's notable strengths is its entirely independent board, which enhances governance and decision-making processes. With a program expense ratio of nearly 92%, the foundation demonstrates a significant allocation of funds directly towards its mission-driven activities, ensuring that the majority of donations are utilized effectively to achieve impact.
Additionally, the foundation has robust policies in place, including conflict of interest and whistleblower policies, further solidifying its commitment to ethical practices. Overall, the Hay Center Foundation stands out for its financial integrity and responsible stewardship, although the summary does not provide information on its programming impact or community feedback.
This AI summary has been generated from information found on Charity Navigator.
Is Hay Center Foundation legitimate?
Hay Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hay Center Foundation 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.
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Official website here: www.haycenter.org
What is the mission statement of Hay Center Foundation?
The Hay Center Foundation's mission is centered around empowering current and former foster youth. Their goal is to help these individuals become successful, productive adults. They achieve this through various programs, such as providing training, employment opportunities, and facilitating personal achievement. One of their initiatives, the HAY Center Housing Continuum, offers safe and stable housing for youth, enabling them to focus on their educational, employment, and mental health goals. Another program, Bridge Housing, provides rent-free housing along with intensive case management, life skills training, and job assistance. The foundation also collaborates with the Houston Housing Authority in Housing Options, offering youth housing vouchers and additional support to help them gain employment, education, and essential life skills, ultimately preparing them for independent living. During 2021-2022, the foundation participated in a Pandemic Aid Relief program, offering assistance with housing, education, and basic needs for these youth.
Official website here: www.haycenter.org
What is the revenue of Hay Center Foundation?
Hay Center Foundation's revenue in 2023 was $660,459.
Official website here: www.haycenter.org
Who are the executives of Hay Center Foundation and what are their salaries?
There 191 volunteers at Hay Center Foundation.
Here are 22 key members and their salaries:
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- Other: $15,941
Official website here: www.haycenter.org
Where can I find the form 990 for Hay Center Foundation?
Hay Center Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.haycenter.org
Learn more at the official website: www.haycenter.org
Mission Statement of Hay Center Foundation
The Hay Center Foundation, a nonprofit organization, is dedicated to empowering current and former foster youth in their community. Its mission is to help these young adults become successful, self-sufficient individuals through various training, employment, and personal achievement programs. The organization provides a housing continuum that allows foster youth to find safe and stable housing, facilitating their pursuit of education, employment, and mental health goals.
The Bridge Housing program is a crucial part of Hay Center Foundation's mission. This program offers rent-free housing to youth who participate in intensive case management, wrap-around services, and life skills training. The goal is to prepare them for employment or further training, ultimately enabling them to live independently. The Housing Options program, a public-private venture, provides housing vouchers to youth through a partnership with the Houston Housing Authority. The Hay Center Foundation supplements this by covering deposits, first month's rent, and other necessary expenses, assisting youth in securing and maintaining their own housing.
In summary, the Hay Center Foundation is committed to transforming the lives of foster youth in its community. By offering comprehensive housing, employment, and life skills training programs, the organization empowers these young adults to become successful, productive members of society. The ultimate goal is to equip them with the tools they need to live independently and lead fulfilling lives.
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Impact
July, 2024
The Hay Center Foundation empowers current and former foster youth in Houston, Texas, by providing a range of services to support their transition to adulthood. Through programs like the HAY Center Housing Continuum, Bridge Housing, and Housing Options, the organization offers safe and stable housing, educational support, employment opportunities, mental health services, and life skills training. By focusing on empowering youth to achieve their goals and become self-sufficient individuals, the Hay Center Foundation plays a crucial role in helping foster youth in the community thrive and succeed.
This information is meant to be a general summary of Hay Center Foundation. 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 2023.
- Investment Income: $17,772
- Gross Receipts: $660,459
Assets and Liabilities:
- Total Assets: $5,125,758
- Total Liabilities: $1,262
- Net Assets: $5,124,496
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Organization Details
Founding Year
2015
Principal Officer
Krissi Reid
Website
www.haycenter.orgNTEE Category
Code: O11 - Youth development
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