Overview
What is Tlc Homelessness Board?
Tlc Homelessness Board is a nonprofit organization situated in Toledo, Ohio, at 1220 Madison Ave, 43604. Their primary mission is to spearhead efforts to eradicate homelessness within Lucas County. They serve as the leading agency for the Local Continuum of Care (CoC), coordinating, overseeing, and monitoring the community's response to ending homelessness. The Tlc Homelessness Board actively fosters community awareness and hosts an annual congress to welcome new members to the CoC and update the community on the progress made. With 16 dedicated employees, they strive to provide leadership and guidance in addressing homelessness in their local area.
Official website here: www.endinghomelessnesstoledo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Tlc Homelessness Board has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 62%. This indicates that while the organization has strong governance and accountability practices, there are significant concerns regarding its financial health and fundraising effectiveness. The organization has a perfect score in areas such as board independence, conflict of interest policy, and program expense ratio, showing a commitment to transparency and financial management.
However, the nonprofit struggles with a high liabilities to assets ratio of 87.66% and a notably low fundraising efficiency ratio, which has impacted its overall score. This suggests that while the organization may be effectively utilizing funds for its programs, it faces challenges in maintaining financial stability and generating adequate fundraising revenue. The working capital ratio of just 0.05 years is also a red flag, indicating potential liquidity issues.
In summary, while Tlc Homelessness Board demonstrates strong governance practices and a focus on program expenses, it must address its financial limitations to improve its rating and effectiveness in serving the homeless community. Ensuring a more sustainable financial model will be crucial for the organization’s continued operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Tlc Homelessness Board legitimate?
Tlc Homelessness Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tlc Homelessness Board 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: $110,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,658
For more financial information, click here
Official website here: www.endinghomelessnesstoledo.org
What is the mission statement of Tlc Homelessness Board?
The Tlc Homelessness Board's mission is centered around providing leadership in the quest to eradicate homelessness within their community. Specifically, they aim to coordinate, oversee, and monitor the community's response to ending homelessness. As the leading agency for the Local Continuum of Care, they play a pivotal role in guiding efforts to address this issue. They also strive to raise community awareness about homelessness and host an annual congress to invite new members and update the community on their progress.
Official website here: www.endinghomelessnesstoledo.org
Who is the CEO of Tlc Homelessness Board?
William Brennan is the President of Tlc Homelessness Board.
Official website here: www.endinghomelessnesstoledo.org
What is the revenue of Tlc Homelessness Board?
Tlc Homelessness Board's revenue in 2022 was $3,170,599.
Official website here: www.endinghomelessnesstoledo.org
Who are the executives of Tlc Homelessness Board and what are their salaries?
The average compensation at Tlc Homelessness Board during 2022 was $40,216. There are 16 employees and 15 volunteers at Tlc Homelessness Board.
Here are 10 key members and their salaries:
- 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: $99,154
- Related: $0
- Other: $11,645
Official website here: www.endinghomelessnesstoledo.org
Where can I find the form 990 for Tlc Homelessness Board?
Tlc Homelessness Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.endinghomelessnesstoledo.org
Learn more at the official website: www.endinghomelessnesstoledo.org
Mission Statement of Tlc Homelessness Board
The Toledo Leadership Council on Homelessness, often referred to as TLC Homelessness Board, is committed to taking a leading role in the eradication of homelessness within Lucas County. This nonprofit organization serves as a guiding force, coordinating, overseeing, and monitoring the community's response to ending homelessness. As the designated lead agency for the Local Continuum of Care (CoC), TLC Homelessness Board plays a pivotal role in shaping the community's strategy to address this pressing issue.
In addition to its coordinating role, TLC Homelessness Board also works to raise awareness about the issue of homelessness in the community. This is accomplished through an annual congress, which invites new members to the CoC and serves as a platform to update the community on the progress being made towards ending homelessness. By leading the charge and fostering collaboration within the community, TLC Homelessness Board aims to ultimately eliminate homelessness within Lucas County.
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
Tlc Homelessness Board plays a crucial role in leading efforts to eradicate homelessness in Lucas County. By coordinating, overseeing, and monitoring the community response to ending homelessness, they serve as the primary agency for the local Continuum of Care. Through their initiatives, they aim to create awareness within the community and invite new members to participate in the fight against homelessness. This impactful work is essential in addressing the complex issue of homelessness and ensuring that individuals in Lucas County have access to stable housing and support services.
This information is meant to be a general summary of Tlc Homelessness Board. 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.
- Gross Receipts: $3,170,599
Assets and Liabilities:
- Total Assets: $882,331
- Total Liabilities: $773,497
- Net Assets: $108,834
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2005
Phone
(419) 244-9440Principal Officer
William Brennan
Main Address
1220 MADISON AVE, TOLEDO, OH, 43604
NTEE Category
Code: P85 - Human services
If you are a representative of Tlc Homelessness Board 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.