Overview
What is Change Is Possible (Chips) Inc?
Change Is Possible (Chips) Inc is a nonprofit organization based in Erwin, Tennessee. Their primary mission is to offer a safe sanctuary for individuals who are currently in harmful domestic violence situations, providing them with urgent shelter from their dangerous environments. Moreover, Chips Inc extends its support by offering court advocacy and guidance, helping victims navigate the legal system and becoming informed about the community resources available to them. With a committed team of 18 employees, this organization is dedicated to empowering and protecting victims of domestic violence, ensuring their safety and well-being.
Official website here: www.chipsfvs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Change Is Possible (Chips) Inc has earned an 84% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The rating is entirely derived from a comprehensive evaluation of various financial practices, showcasing a solid foundation in these areas. This score indicates that the organization is effectively managing its resources and operating with transparency.
The nonprofit boasts an exemplary structure, with 100% of its board members being independent, which contributes positively to its governance score. Additionally, the organization has successfully accomplished an audit, and there are no reported material diversions of assets, highlighting sound financial management. However, it is noted that the organization is lacking in certain policies, such as conflict of interest and whistleblower policies, which could enhance its governance framework.
Despite these minor shortcomings in policy documentation, Change Is Possible (Chips) Inc demonstrates robust financial health with low liabilities and a high program expense ratio of 86.31%. This suggests a strong focus on its mission-driven activities, with the majority of funds allocated to program services rather than administrative costs. Overall, the nonprofit shows promising accountability while having areas to improve in policy adherence.
This AI summary has been generated from information found on Charity Navigator.
Is Change Is Possible (Chips) Inc legitimate?
Change Is Possible (Chips) Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Change Is Possible (Chips) 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: $93,370
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,487
For more financial information, click here
Official website here: www.chipsfvs.org
What is the mission statement of Change Is Possible (Chips) Inc?
Change Is Possible (Chips) Inc is committed to providing support for victims of domestic violence. Their primary mission is to offer shelter to individuals who are currently in danger within their existing environments. Additionally, the organization provides court advocacy and legal guidance, assisting victims in navigating the legal processes related to their situation. Furthermore, they inform victims about the community resources that are available to them.
Official website here: www.chipsfvs.org
What is the revenue of Change Is Possible (Chips) Inc?
Change Is Possible (Chips) Inc's revenue in 2024 was $584,962.
Official website here: www.chipsfvs.org
Who are the executives of Change Is Possible (Chips) Inc and what are their salaries?
The average compensation at Change Is Possible (Chips) Inc during 2024 was $15,687. There are 26 employees and 20 volunteers at Change Is Possible (Chips) Inc.
Here are 12 key members and their salaries:
- Compensation: $85,470
- Related: $0
- Other: $0
- Compensation: $7,200
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chipsfvs.org
Where can I find the form 990 for Change Is Possible (Chips) Inc?
Change Is Possible (Chips) Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chipsfvs.org
Learn more at the official website: www.chipsfvs.org
Mission Statement of Change Is Possible (Chips) Inc
Change Is Possible (Chips) Inc is an organization committed to providing support for victims of domestic violence. Their primary mission is twofold: to offer shelter to individuals in imminent danger within their current environments, and to provide court advocacy and guidance throughout the legal processes. By offering shelter, Chips Inc ensures a safe space for victims to recover and rebuild their lives. Additionally, their court advocacy services help victims navigate the complex legal system, providing them with valuable information about community resources available to them. This holistic approach allows Chips Inc to empower victims of domestic violence, enabling them to seek justice and reclaim their lives.
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Impact
July, 2024
Change Is Possible (Chips) Inc provides critical shelter and court advocacy services for victims of domestic violence in Erwin, TN. By offering a safe refuge for those in imminent danger in their current environments and guiding them through the legal processes, this organization plays a vital role in supporting and empowering individuals to break free from abusive situations. Through their mission to provide shelter and court advocacy, Change Is Possible (Chips) Inc is making a tangible impact in the lives of domestic violence survivors, helping them access the resources and support they need to rebuild their lives.
This information is meant to be a general summary of Change Is Possible (Chips) 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 2024.
- Program Service Revenue: $128,286
- Gross Receipts: $584,962
Assets and Liabilities:
- Total Assets: $576,806
- Total Liabilities: $0
- Net Assets: $576,806
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT STORE
Revenue
$128,286
Organization Details
Founding Year
1992
Principal Officer
Robert Stromberg
Website
www.chipsfvs.orgNTEE Category
Code: Z99Z - Unknown
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