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Transitions Halfway Ministries

Forgiveness House

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

EIN: 522397651 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Transitions Halfway Ministries?

Transitions Halfway Ministries is a nonprofit organization located in Memphis, Tennessee, with a focus on assisting men who have served time in prison. Their primary goal is to aid these individuals in transitioning back into society as responsible, law-abiding citizens. They accomplish this by providing temporary housing, job placement services, emotional, spiritual, and financial support, as well as counseling. The organization's mission has been proven effective in reducing the number of men who re-enter prison after their release. In 2022, Transitions Halfway Ministries entered into negotiations with HopeWorks to transfer its operations, and the transfer was completed on April 30, 2022. The organization's assets were subsequently transferred to HopeWorks, and all necessary documents were filed with the Tennessee Secretary of State and other state offices by September 30, 2022. The organization, now known as Forgiveness House, continues its mission with a dedicated team of four employees.


Official website here: www.forgivenesshouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

Transitions Halfway Ministries has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This rating is based entirely on a single beacon score, indicating strong oversight and responsible management of funds. The organization showcases a commendable financial structure with a program expense ratio of 82.53%, meaning a significant portion of its budget directly supports its programs and services.

The organization's governance is bolstered by an independent board, comprising 80% independent members, which is a positive indicator of its commitment to transparency and accountability. Furthermore, there were no material diversions of assets reported, which reinforces the trustworthiness of the organization's financial practices. However, certain policies are noted as missing, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which may raise concerns about governance practices.

Overall, while Transitions Halfway Ministries demonstrates strong financial health and effective program expenditure, the absence of specific risk management policies could be seen as a limitation in its governance framework. Prospective donors may want to consider these factors when evaluating the organization.


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

Is Transitions Halfway Ministries legitimate?

Transitions Halfway Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transitions Halfway Ministries 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: $19,408

For more financial information, click here


Official website here: www.forgivenesshouse.org

What is the mission statement of Transitions Halfway Ministries?

Transitions Halfway Ministries is dedicated to helping men transition from life in prison to becoming productive, law-abiding citizens in society. They achieve this goal by offering temporary housing, job placement services, emotional, spiritual, and financial support, along with counseling. The organization's mission is grounded in the proven result that such extensive support leads to a significant reduction in the number of men returning to prison after their release. By providing these essential services, Transitions Halfway Ministries aims to empower these individuals and contribute to a safer and more stable community.


Official website here: www.forgivenesshouse.org

Who is the CEO of Transitions Halfway Ministries?

Ron Wade is the President of Transitions Halfway Ministries.


Official website here: www.forgivenesshouse.org

What is the revenue of Transitions Halfway Ministries?

Transitions Halfway Ministries's revenue in 2022 was $67,369.


Official website here: www.forgivenesshouse.org

Who are the executives of Transitions Halfway Ministries and what are their salaries?

The average compensation at Transitions Halfway Ministries during 2022 was $4,852. There are 4 employees and 10 volunteers at Transitions Halfway Ministries.


Here are 4 key members and their salaries:


Ron Wade (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Snow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Maxwell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzie Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.forgivenesshouse.org

Where can I find the form 990 for Transitions Halfway Ministries?

Transitions Halfway Ministries's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.forgivenesshouse.org

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

Mission Statement of Transitions Halfway Ministries

Transitions Halfway Ministries is an organization committed to aiding men as they navigate the transition from prison life to becoming productive, law-abiding citizens in society. Their primary objective is to offer temporary housing, job placement services, and emotional, spiritual, and financial support, coupled with counseling. This comprehensive approach has demonstrated significant results, leading to fewer men returning to prison post-release. The organization's mission is to empower these individuals, enabling them to reintegrate successfully into society and build a new life for themselves. By providing a supportive network, Transitions Halfway Ministries seeks to foster positive change and contribute to reduced recidivism rates.

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Impact




October, 2024

Transitions Halfway Ministries has made a significant impact by facilitating the successful reintegration of men transitioning from incarceration to society. By providing essential support services such as temporary housing, job placement, and emotional, spiritual, and financial counseling, the organization has effectively reduced recidivism rates. With these resources, individuals are empowered to become productive, law-abiding citizens, suggesting a positive shift not only for the men involved but also for the communities in which they reside.

The collaboration with HopeWorks in 2022 marked a pivotal change, allowing for the continuation and expansion of these vital services. By transferring operations to HopeWorks, the ministry ensured that men in Memphis would continue to receive the support they need during a critical phase of their lives, fostering a holistic approach to rehabilitation and community reintegration. The focus on comprehensive support has proven to be a transformative factor, underscoring the important role such initiatives play in breaking the cycle of crime and incarceration.




This information is meant to be a general summary of Transitions Halfway Ministries. 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
$67,369 (2022)
Expenses
$65,903 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $5,328
  • Gross Receipts: $67,369

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

RESIDENT FEES

Revenue

$4,008

MISCELLANEOUS FEES

Revenue

$1,320

Organization Details

Founding Year

2006

Principal Officer

Ron Wade

Main Address

3337 SUMMER AVE, MEMPHIS, TN, 38122

NTEE Category

Code: I31 - Crime

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