Overview
What is Three Oaks Homeless Shelter Inc?
Three Oaks Homeless Shelter Inc, located at 21155 LEXWOOD DR, LEXINGTON PARK, MD 20653, is a dedicated nonprofit organization. Their primary mission is to aid individuals and families experiencing homelessness by providing essential services such as temporary shelter, stabilization, and assessment. This year, they served 840 clients and offered 52,971 bed nights. Their purpose is to help these individuals return to self-sufficient lives within the community. They achieve this by offering housing, stabilization, assessment, and referrals to suitable resources. Their team consists of 35 dedicated professionals.
Official website here: www.threeoakscenter.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Three Oaks Homeless Shelter Inc has achieved an impressive 96% rating from Charity Navigator, which reflects its strong performance in accountability and finance. The organization has maintained a majority independent board, with 93% of its 15 board members being independent, enhancing its governance practices. The high scores on financial oversight indicators, including a perfect score for its audit and oversight committee, highlight its commitment to transparency and responsible management of funds.
The organization also demonstrates effective financial stewardship with a low liabilities-to-assets ratio of 6.28% and a program expense ratio of 95.44%. This indicates that a significant portion of its resources is directed toward its programs rather than administrative costs, reinforcing its mission to support the homeless community. The presence of comprehensive policies, including conflict of interest and whistleblower protections, further underscores its dedication to accountability.
While the data reflects strong overall performance, there are no specific limitations or areas for improvement noted in the available information. Overall, Three Oaks Homeless Shelter Inc stands out as a well-managed and effective organization committed to serving its community with integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Three Oaks Homeless Shelter Inc?
78% of reviewers on Facebook recommend Three Oaks Homeless Shelter Inc. Here’s a summary of their insights:
Many comments express satisfaction with the shelter's efforts in supporting local veterans, highlighting the positive impact of their services in the community. Reviewers appreciate the opportunity to contribute through donations, indicating that they feel their support is meaningful and beneficial.
Overall, it appears that the nonprofit effectively fulfills its mission, and supporters are eager to back its programs aimed at helping those in need, particularly veterans.
This AI summary has been generated from reviews found on Facebook.
Is Three Oaks Homeless Shelter Inc legitimate?
Three Oaks Homeless Shelter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Three Oaks Homeless Shelter 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: $1,319,236
For more financial information, click here
Official website here: www.threeoakscenter.org
What is the mission statement of Three Oaks Homeless Shelter Inc?
The mission of Three Oaks Homeless Shelter Inc is to offer programs that assist homeless individuals in regaining stability and self-sufficiency. This is achieved by providing housing, assessment, and referral services to appropriate resources. The objective is to help these individuals return to living productive lives within their community. The organization offers outreach and prevention services, as well as emergency, permanent supportive housing, and rehousing, enabling individuals and families to meet their basic needs for shelter and stabilization. In the recent fiscal year, Three Oaks Shelter served 840 clients and offered 52,971 bednights.
Official website here: www.threeoakscenter.org
Who is the CEO of Three Oaks Homeless Shelter Inc?
S M Seenath is the President of Three Oaks Homeless Shelter Inc.
Official website here: www.threeoakscenter.org
What is the revenue of Three Oaks Homeless Shelter Inc?
Three Oaks Homeless Shelter Inc's revenue in 2022 was $5,632,385.
Official website here: www.threeoakscenter.org
Who are the executives of Three Oaks Homeless Shelter Inc and what are their salaries?
The average compensation at Three Oaks Homeless Shelter Inc during 2022 was $37,692. There are 35 employees and 6 volunteers at Three Oaks Homeless Shelter Inc.
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Official website here: www.threeoakscenter.org
Where can I find the form 990 for Three Oaks Homeless Shelter Inc?
Three Oaks Homeless Shelter Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.threeoakscenter.org
Learn more at the official website: www.threeoakscenter.org
Mission Statement of Three Oaks Homeless Shelter Inc
Three Oaks Homeless Shelter Inc is dedicated to offering programs that help homeless individuals and families regain self-sufficiency. Their mission is to provide housing, stabilization, assessment, and referrals to appropriate resources. The organization aims to assist these individuals in returning to productive lives within the community. Through their services, which include outreach and prevention, emergency housing, permanent supportive housing, and rehousing, they help clients meet their basic needs for shelter, stabilization, and assessment. During the recent fiscal year, Three Oaks Homeless Shelter Inc served 840 clients and offered 52,971 bednights.
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Impact
July, 2024
Three Oaks Homeless Shelter Inc offers programs that provide homeless individuals with housing, stabilization, assessment, and referrals to appropriate resources. The organization aims to help these individuals return to living productive, self-sufficient lives in the community. In a recent fiscal year, Three Oaks Center served 840 clients and provided 52,971 bednights. Their outreach and prevention services, emergency housing, permanent supportive housing, and rehousing initiatives play a crucial role in helping individuals and families meet their basic needs for shelter, stabilization, and assessment. Through their work, Three Oaks Homeless Shelter Inc has made a significant impact on the lives of those experiencing homelessness in Lexington Park, MD.
This information is meant to be a general summary of Three Oaks Homeless Shelter 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.
- Investment Income: $34,405
- Program Service Revenue: $5,199,716
- Gross Receipts: $5,724,829
Assets and Liabilities:
- Total Assets: $3,201,103
- Total Liabilities: $419,359
- Net Assets: $2,781,744
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOV GRANTS FOR SERVICE
Revenue
$4,666,980
RESIDENT SERVICE FEES
Revenue
$344,236
COUNTY GRANTS FOR SERV
Revenue
$130,000
CRISIS WOMEN SUPPORT
Revenue
$58,500
Organization Details
Founding Year
1992
Phone
(301) 863-7361Principal Officer
S M Seenath
Main Address
21155 LEXWOOD DR, LEXINGTON PARK, MD, 20653
Website
www.threeoakscenter.orgNTEE Category
Code: P85 - Human services
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