Options Inc

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

EIN: 581599166 ✦ Morganton, NC ✦ Designated as a 501(c)(3)

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Overview

What is Options Inc?

Options Inc is a nonprofit organization situated in Morganton, North Carolina. Their primary mission is to aid crime victims by offering them essential support, information, and advocacy during their journey through the criminal justice system. They provide a 24-hour crisis hotline, victim stabilization and resource mobilization, safe shelter, criminal justice advocacy, and counseling services. Additionally, they coordinate an integrated community system of victim assistance programs and engage in professional education and community awareness. With around 6 employees, Options Inc strives to make a significant impact in assisting crime victims.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Options Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 79% based entirely on its Accountability & Finance metrics. This suggests a commendable level of financial stewardship and transparency within the organization, which is crucial for donor trust and engagement.

The evaluation highlights several strengths, including 100% independent board members and a robust accountability framework with policies in place for conflicts of interest and whistleblower protections. Additionally, Options Inc demonstrates strong financial health, with an impressive program expense ratio of 81.18%, indicating that a significant portion of its funding is directed towards its mission-related activities.

However, while the organization performs well in various aspects of accountability and finance, the overall score is limited to this single beacon metric. There may be other areas of operational performance or programmatic effectiveness that are not captured by this rating, which potential donors should consider when evaluating their support.


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

Is Options Inc legitimate?

Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Options 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: $258,907

For more financial information, click here

What is the mission statement of Options Inc?

Options Inc, as an organization, is dedicated to assisting victims of crime. They provide victims with necessary support, information, and advocacy as they navigate the criminal justice system. This assistance extends beyond direct aid, also involving the coordination of an integrated community system of victim assistance programs. These programs encompass various services such as a 24-hour crisis hotline, victim stabilization and resource mobilization, criminal justice advocacy and information, safe shelters, counseling, and professional education and community awareness. The goal is to offer comprehensive support to victims throughout their journey in the criminal justice system.

Who is the CEO of Options Inc?

Kristy Graf is the President of Options Inc.

What is the revenue of Options Inc?

Options Inc's revenue in 2023 was $644,087.

Who are the executives of Options Inc and what are their salaries?

The average compensation at Options Inc during 2023 was $43,151. There are 6 employees at Options Inc.


Here are 12 key members and their salaries:


Greg Mastin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgia Collett (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Mull (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Austin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olga Propst (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Bradley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Crouse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Icard- Abernethy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Paul Carlson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Graf (Executive Director)
  • Compensation: $55,325
  • Related: $0
  • Other: $0
Major Robert Banks Hinceman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Owensby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Options Inc?

Options Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Options Inc

Options Inc, a nonprofit organization, is dedicated to assisting victims of crime. Its mission is to provide the necessary support, information, and advocacy that victims require as they navigate the criminal justice system. Options Inc goes beyond just offering assistance; it coordinates an integrated community system of victim assistance programs. These programs encompass various services such as a 24-hour crisis hotline, victim stabilization and resource mobilization, criminal justice advocacy and information, safe shelter, counseling, and professional education and community awareness. By offering these comprehensive services, Options Inc aims to empower victims of crime and help them rebuild their lives.

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Impact




July, 2024

Options Inc's impact is significant in assisting victims of crime by providing them with essential support, information, and advocacy as they navigate the often challenging criminal justice process. The organization offers a range of services to victims, including a 24-hour hotline, victim stabilization and resource mobilization, safe shelter, counseling, and more. By coordinating a comprehensive community system of victim assistance program services, Options Inc plays a crucial role in helping victims cope with and recover from the impact of crime. Additionally, the organization's focus on professional education and community awareness contributes to creating a safer and more supportive environment for those affected by crime.




This information is meant to be a general summary of Options 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.

Revenue
$644,087 (2023)
Expenses
$598,105 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $658,896

Assets and Liabilities:

  • Total Assets: $664,788
  • Total Liabilities: $77,816
  • Net Assets: $586,972

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Organization Details

Founding Year

1984

Principal Officer

Kristy Graf

Main Address

PO BOX 2512, MORGANTON, NC, 286802512

NTEE Category

Code: G50 - Disease

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