Overview
What is Homeless Coalition Of Palm Beach County Inc?
The Homeless Coalition of Palm Beach County Inc. is a dedicated nonprofit organization situated in Delray Beach, Florida. Their primary mission is to combat homelessness by leveraging resources, advocacy, education, and community collaboration. They strive to provide sufficient support for individuals and families to transition from temporary housing solutions, such as Permanent Supportive Housing (SHP), Transitional Housing (TH), or Interim Housing (IH), into independent, stable housing. To accomplish this, they fund the initial and last month's rent and security deposits for eligible individuals through their Creating Housing Opportunities program. Additionally, they receive non-tangible donations, including office space and facilities, amounting to 36,200 square feet, to further support this cause. Overall, the Homeless Coalition of Palm Beach County Inc. aims to improve the quality of life for the homeless community in Palm Beach County, Florida.
Official website here: www.homelesscoalitionpbc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Homeless Coalition of Palm Beach County Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its high accountability and financial health. With an impressive Impact & Measurement score of 100, the organization demonstrates its effectiveness in achieving significant outcomes for the community it serves, assisting 287 beneficiaries in the past year.
Strengths of the organization include a strong program expense ratio of 90.02%, indicating that a large proportion of its funds directly support its programs. Additionally, the coalition boasts an entirely independent board, ensuring transparency and ethical governance. Other robust policies, such as those for conflict of interest and whistleblower protections, further enhance its credibility and operational integrity.
While the organization exhibits solid financial performance, the working capital ratio of 0.51 years may suggest limitations in short-term financial stability. However, the minimal fundraising efficiency ratio of $0.03 demonstrates effective fundraising efforts with low costs, making the coalition a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Homeless Coalition Of Palm Beach County Inc legitimate?
Homeless Coalition Of Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homeless Coalition Of Palm Beach County 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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Other Salaries and Wages: $324,846
For more financial information, click here
Official website here: www.homelesscoalitionpbc.org
What is the mission statement of Homeless Coalition Of Palm Beach County Inc?
The Homeless Coalition of Palm Beach County Inc has a mission to improve the quality of life for the homeless population. They achieve this through advocacy, education, collaboration, planning, and maximizing resources. The organization takes a leadership role in addressing homelessness, promoting sustainable housing solutions. The Coalition sponsors the Creating Housing Opportunities program, which aids families and individuals in transitioning from temporary housing to independent permanent housing, providing financial assistance for rent and deposits. The Coalition also relies on non-tangible in-kind donations, such as office space and facilities, to support this program.
Official website here: www.homelesscoalitionpbc.org
Who is the CEO of Homeless Coalition Of Palm Beach County Inc?
Dr Tomara Mays is the CEO of Homeless Coalition Of Palm Beach County Inc The CEO's salary of Homeless Coalition Of Palm Beach County Inc is $9,892 and their total compensation is $9,892.
Official website here: www.homelesscoalitionpbc.org
What is the revenue of Homeless Coalition Of Palm Beach County Inc?
Homeless Coalition Of Palm Beach County Inc's revenue in 2024 was $2,606,391.
Official website here: www.homelesscoalitionpbc.org
Who are the executives of Homeless Coalition Of Palm Beach County Inc and what are their salaries?
The average compensation at Homeless Coalition Of Palm Beach County Inc during 2024 was $54,141. There are 6 employees and 548 volunteers at Homeless Coalition Of Palm Beach County Inc.
Here are 21 key members and their salaries (Homeless Coalition Of Palm Beach County Inc's CEO's salary is $9,892 and their total compensation is $9,892):
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Official website here: www.homelesscoalitionpbc.org
Where can I find the form 990 for Homeless Coalition Of Palm Beach County Inc?
Homeless Coalition Of Palm Beach County Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.homelesscoalitionpbc.org
Learn more at the official website: www.homelesscoalitionpbc.org
Mission Statement of Homeless Coalition Of Palm Beach County Inc
The Homeless Coalition Of Palm Beach County Inc is dedicated to addressing and improving the quality of life for the homeless population in Florida. Through advocacy, education, collaboration, planning, and resource maximization, the organization seeks to lead efforts in addressing homelessness effectively. Their mission is to provide a comprehensive approach, encompassing housing, support, and community engagement.
The Homeless Coalition of Palm Beach County Inc's efforts are demonstrated through its sponsorship of the Creating Housing Opportunities program. This initiative assists families and individuals in transitioning from temporary supportive housing, transitional housing, or interim housing to independent permanent housing. The program offers financial assistance in the form of first and last month's rent and security deposits, which can be crucial in helping individuals and families secure stable housing. Furthermore, the organization encourages non-tangible in-kind donations, such as office space and facilities, which contribute significantly to the program's success. These contributions total 36,200 square feet, as reported on their schedule D.
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Impact
July, 2024
Homeless Coalition of Palm Beach County Inc's impact can be seen through their Creating Housing Opportunities program, which helps families and individuals transition from homelessness to permanent housing. By providing resources such as first and last month's rent and security deposits, the organization supports individuals moving from various types of housing situations into independent permanent housing. Through advocacy, education, collaboration, and resource maximization, the organization aims to improve the quality of life for the homeless population in Palm Beach County, Florida.
This information is meant to be a general summary of Homeless Coalition Of Palm Beach County 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.
- Investment Income: $29,278
- Gross Receipts: $2,807,693
Assets and Liabilities:
- Total Assets: $891,353
- Total Liabilities: $147,370
- Net Assets: $743,983
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Organization Details
Founding Year
1988
Principal Officer
Christian Bergstrom
Website
www.homelesscoalitionpbc.orgNTEE Category
Code: P85Z - Human services
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