Overview
What is The Tipton Home?
The Tipton Home is a nonprofit organization located in Tipton, Oklahoma. Their primary purpose is to provide care and support for orphaned and neglected children, as well as those who are dependent and lacking proper parental care. This includes raising funds, providing education, adopting, accepting, and arranging homes for these children. They also look after their interests and perform various acts that contribute to their well-being. The Tipton Home may acquire real and personal property through purchases, gifts, and bequests to support its mission. The organization currently employs 42 individuals.
Official website here: www.tiptonhome.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Tipton Home has received a two-star rating from Charity Navigator, with an overall score of 73%. This score indicates that while the organization has several strengths, there are significant areas requiring improvement, particularly in transparency and documentation. The majority of its board members are independent, which is a positive aspect, reflecting good governance practices.
The Tipton Home demonstrates a high program expense ratio of 93.68%, indicating that a substantial portion of its expenses goes directly towards its programs, which is a notable strength. However, the organization has not provided financial statements or essential policies like a whistleblower policy and document retention, which negatively impact its accountability score.
While the organization is compliant with certain requirements like listing its website on tax forms and having a conflict of interest policy, the absence of key documentation raises concerns about its operational transparency. Addressing these limitations could enhance its rating and public trust in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Tipton Home legitimate?
The Tipton Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Tipton Home 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: $1,033,499
For more financial information, click here
Official website here: www.tiptonhome.com
What is the mission statement of The Tipton Home?
The Tipton Home's mission is centered around providing care and support for children in need. This includes raising, educating, adopting, accepting, and arranging homes for orphaned and neglected children who lack proper parental care. Furthermore, the organization undertakes various acts and tasks that aid in fulfilling these purposes. They also acquire and manage real and personal property for the benefit of the children under their care. In essence, The Tipton Home's mission is to provide a secure and nurturing environment for these children, ensuring their well-being and future prospects.
Official website here: www.tiptonhome.com
Who is the CEO of The Tipton Home?
Joe Waugh is the Secretary of The Tipton Home.
Official website here: www.tiptonhome.com
What is the revenue of The Tipton Home?
The Tipton Home's revenue in 2022 was $3,019,888.
Official website here: www.tiptonhome.com
Who are the executives of The Tipton Home and what are their salaries?
The average compensation at The Tipton Home during 2022 was $24,607. There are 42 employees at The Tipton Home.
Here are 5 key members and their salaries:
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Official website here: www.tiptonhome.com
Where can I find the form 990 for The Tipton Home?
The Tipton Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tiptonhome.com
Learn more at the official website: www.tiptonhome.com
Mission Statement of The Tipton Home
The Tipton Home is dedicated to providing a nurturing environment and essential care for orphaned children and those who are neglected or dependent, lacking proper parental care. The organization's mission encompasses various activities, including raising, educating, adopting, accepting, and caring for these children. In addition, The Tipton Home arranges homes for these children and looks after their interests. The organization is also responsible for carrying out any necessary actions that contribute to these purposes, including acquiring real and personal property through purchases, gifts, and bequests for its use and purposes. Overall, The Tipton Home's mission is to serve and protect children in need, ensuring they receive the care and support they deserve.
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Impact
July, 2024
The Tipton Home's impact is centered on providing a safe and nurturing environment for orphaned and neglected children, as well as those without proper parental care. Through their mission to raise, educate, adopt, accept, and care for these children, The Tipton Home plays a crucial role in arranging homes and placing children in loving environments. By looking after the interests of orphaned and neglected children, this organization ensures that vulnerable youth have access to opportunities for growth, stability, and a brighter future. Their focus on housing and caring for such children demonstrates a commitment to providing essential support and stability to those who need it most.
This information is meant to be a general summary of The Tipton Home. 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: $1,129,691
- Gross Receipts: $3,019,888
Assets and Liabilities:
- Total Assets: $3,447,913
- Total Liabilities: $0
- Net Assets: $3,447,913
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Organization Details
Founding Year
1973
Phone
(580) 667-5221Principal Officer
Joe Waugh
Main Address
P O BOX 370, TIPTON, OK, 735700370
Website
www.tiptonhome.comNTEE Category
Code: L11 - Housing
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