Overview
What is Independent Living Horizons Inc?
Independent Living Horizons Inc, based in Augusta, Georgia, is a nonprofit organization dedicated to improving the living conditions of physically disabled individuals. During the fiscal year from July 1, 2021, to June 30, 2022, they successfully housed five individuals in affordable accommodations, enabling them to maintain an independent lifestyle. The organization's primary mission is to provide housing for physically handicapped individuals, working in partnership with the Federal Housing Administration (FHA) to offer rental supplements. This commitment to inclusive housing enables physically disabled individuals to live with dignity and self-reliance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating.
Independent Living Horizons Inc has received a moderate rating, reflecting a solid level of accountability and financial management. The charity's score is driven entirely by its Accountability & Finance score, which stands at 78%. This score is noteworthy, particularly due to the charity's commitment to maintaining a fully independent board, which consists of 10 out of 10 independent members, ensuring unbiased governance.
The organization demonstrates a strong focus on transparency and ethical practices, with established policies for conflict of interest, whistleblower protection, and document retention. Additionally, it has reported no instances of material diversion of assets, which contributes positively to its overall trustworthiness. However, the significant liabilities to assets ratio of 362.78% raises concerns regarding financial stability, despite their robust program expense ratio of 69.30%.
Overall, while Independent Living Horizons Inc scores well on many accountability metrics, the high liabilities to assets ratio suggests potential financial risks that could affect its operations in the long term. Users should consider these factors when evaluating the organization's overall impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Living Horizons Inc legitimate?
Independent Living Horizons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Living Horizons 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:
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What is the mission statement of Independent Living Horizons Inc?
Independent Living Horizons Inc's primary mission is dedicated to providing affordable housing for physically handicapped individuals. This is achieved in conjunction with an FHA rent supplemental contract. The organization's primary goal is to enable these individuals to enjoy a happy, independent lifestyle. During the fiscal year of July 1, 2021, to June 30, 2022, five clients were able to reside in these provided accommodations. This housing arrangement allows individuals with physical disabilities to maintain their independence and live comfortably.
Who is the CEO of Independent Living Horizons Inc?
Dennis B Skelley is the Board Chair of Independent Living Horizons Inc. The CEO's salary of Independent Living Horizons Inc is $0 and their total compensation is $93,817.
What is the revenue of Independent Living Horizons Inc?
Independent Living Horizons Inc's revenue in 2022 was $39,038.
Who are the executives of Independent Living Horizons Inc and what are their salaries?
Here are 10 key members and their salaries (Independent Living Horizons Inc's CEO's salary is $0 and their total compensation is $93,817):
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- Related: $76,978
- Other: $16,839
Where can I find the form 990 for Independent Living Horizons Inc?
Independent Living Horizons Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Independent Living Horizons Inc
Independent Living Horizons Inc, as per its primary exempt purpose, is dedicated to providing affordable housing for individuals with physical disabilities. This mission is accomplished in conjunction with an FHA rent supplemental contract. By offering such housing, the organization enables these individuals to live independently and maintain a happy lifestyle. During the fiscal year of July 1, 2021, to June 30, 2022, five clients were able to avail of this service, demonstrating the organization's commitment to its mission.
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Impact
October, 2024
Independent Living Horizons Inc significantly enhances the quality of life for individuals with physical disabilities by providing access to affordable housing options. During the fiscal year from July 1, 2021, to June 30, 2022, the organization facilitated independent living for five clients, allowing them to thrive in an environment that supports their autonomy and well-being. This initiative enables individuals to maintain a happy, independent lifestyle, which is crucial for their personal development and mental health. In conjunction with the FHA rent supplemental contract, the organization ensures that those it serves have safe and stable living conditions, fostering a sense of community and belonging in Augusta, GA. Through its impactful housing services, Independent Living Horizons Inc plays a vital role in empowering physically handicapped individuals to lead fulfilling lives.
This information is meant to be a general summary of Independent Living Horizons 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: $10
- Program Service Revenue: $39,028
- Gross Receipts: $39,038
Assets and Liabilities:
- Total Assets: $69,768
- Total Liabilities: $213,793
- Net Assets: -$144,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING REN
Revenue
$39,028
Organization Details
Founding Year
1993
Phone
(706) 261-6184Principal Officer
Dennis B Skelley
Main Address
PO BOX 2223, AUGUSTA, GA, 30901
NTEE Category
Code: P80 - Human services
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