Overview
What is Boys Home Inc?
Boys Home Inc, located at 414 Boys Home Road, Covington, Virginia 24426, is a nonprofit organization committed to providing a nurturing environment for around 40 boys in need. Their mission is to offer both spiritual and educational support to these young individuals, aiming to guide them towards a more secure and enlightened future. The organization, with a workforce of 70 dedicated individuals, operates with the goal of fostering personal growth and development in these boys, thereby contributing positively to their overall well-being.
Official website here: www.boyshomeinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star Rating
Boys Home Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong focus on accountability and finance. The charity's score is predominantly based on its perfect accountability score, showcasing transparency and ethical governance. This high rating indicates that the organization effectively manages its resources and adheres to best practices in financial reporting and oversight.
The organization demonstrates a robust governance structure with a fully independent board and a significant number of independent members. Their financial health is also noteworthy, with a program expense ratio of over 74%, meaning a large portion of their funding directly supports their programs. Additionally, the charity has a positive working capital ratio, indicating long-term financial stability.
However, there are limitations, particularly with the absence of a whistleblower policy, which could impact its overall governance score. While the financial management appears strong, this gap suggests an area for improvement in fostering a culture of accountability within the organization. Overall, Boys Home Inc stands out for its commitment to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Boys Home Inc legitimate?
Boys Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys Home 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: $192,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,915,997
For more financial information, click here
Official website here: www.boyshomeinc.com
What is the mission statement of Boys Home Inc?
Boys Home Inc is committed to providing a spiritual and educational environment for boys who require shelter and guidance. Their mission is to offer a nurturing space that caters to the needs of approximately 40 such boys, aiming to foster their personal growth and development. The organization's primary goal is to create an atmosphere conducive to learning and spiritual enrichment, thereby contributing positively to these young individuals' lives.
Official website here: www.boyshomeinc.com
Who is the CEO of Boys Home Inc?
Christopher Doyle is the Exec Dir / Sec of Boys Home Inc.
Official website here: www.boyshomeinc.com
What is the revenue of Boys Home Inc?
Boys Home Inc's revenue in 2023 was $3,248,593.
Official website here: www.boyshomeinc.com
Who are the executives of Boys Home Inc and what are their salaries?
The average compensation at Boys Home Inc during 2023 was $30,126. There are 70 employees and 4 volunteers at Boys Home Inc.
Here are 22 key members and their salaries:
- Compensation: $113,942
- Related: $0
- Other: $26,944
- Compensation: $112,954
- Related: $0
- Other: $3,777
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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.boyshomeinc.com
Where can I find the form 990 for Boys Home Inc?
Boys Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.boyshomeinc.com
Learn more at the official website: www.boyshomeinc.com
Mission Statement of Boys Home Inc
Boys Home Inc, a nonprofit organization, is committed to providing a spiritual and educational environment for boys in need of shelter and guidance. The mission of Boys Home Inc is to create a nurturing space where approximately 40 vulnerable boys can find refuge and direction. This mission is carried out through the organization's dedicated efforts to support the boys' spiritual growth and academic development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Boys Home Inc provides a vital spiritual and educational environment for approximately 40 boys in need of shelter and guidance in Covington, VA. Through its mission, Boys Home Inc positively impacts the lives of these boys by offering a supportive and nurturing space for their growth and development. By focusing on both spiritual and educational aspects, Boys Home Inc equips these boys with the tools they need to navigate challenges and build a brighter future for themselves. Their work in providing shelter and guidance plays a crucial role in shaping the lives of these young individuals and helping them reach their full potential.
This information is meant to be a general summary of Boys Home 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 2023.
- Investment Income: $737,368
- Program Service Revenue: $431,040
- Gross Receipts: $5,913,328
Assets and Liabilities:
- Total Assets: $44,203,210
- Total Liabilities: $372,632
- Net Assets: $43,830,578
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$431,040
Organization Details
Founding Year
1906
Phone
(540) 965-7700Principal Officer
Christopher Doyle
Main Address
414 BOYS HOME ROAD, COVINGTON, VA, 24426
Website
www.boyshomeinc.comNTEE Category
Code: P70 - Human services
If you are a representative of Boys Home Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.