Speck Homes Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 730929357 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is Speck Homes Inc?

Speck Homes Inc is a nonprofit organization situated in Oklahoma City, Oklahoma. Their primary focus is on providing group residential rehabilitation services to teenage males, operating under the supervision of the Oklahoma Department of Human Services and the Oklahoma Office for Juvenile Affairs. The organization's mission involves assisting these young individuals through rehabilitation programs, aiming to support their growth and development. Speck Homes Inc employs a team of 81 dedicated individuals to carry out their mission and provide essential support to the teenagers in their care.


Official website here: www.speckhomesforboys.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Stars)

Speck Homes Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in accountability and financial performance, there are notable areas for improvement. The organization scored well in areas such as having a majority of independent board members and maintaining a high program expense ratio, which reflects a strong commitment to its mission.

However, the charity has significant gaps in governance policies, including missing conflict of interest and whistleblower policies. Additionally, it does not have its tax form accessible on its website, which may hinder transparency. These shortcomings contributed to the overall lower score, suggesting that potential donors should consider these factors when evaluating the nonprofit's reliability and integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Speck Homes Inc legitimate?

Speck Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Speck Homes 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: $116,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,114,172

For more financial information, click here


Official website here: www.speckhomesforboys.org

What is the mission statement of Speck Homes Inc?

Speck Homes Inc, as an organization, focuses on providing group residential rehabilitation services for teenage males. They carry out this mission under contracts with both the Oklahoma Department of Human Services and the Oklahoma Office for Juvenile Affairs. The primary goal of Speck Homes Inc is to offer rehabilitative care to these young males, aiming to support their personal growth and development. The organization's services fall under the jurisdiction of these two Oklahoma departments, demonstrating their commitment to working within established frameworks to assist these young individuals.


Official website here: www.speckhomesforboys.org

Who is the CEO of Speck Homes Inc?

Mike Mcpherson is the Executive Di of Speck Homes Inc.


Official website here: www.speckhomesforboys.org

What is the revenue of Speck Homes Inc?

Speck Homes Inc's revenue in 2022 was $3,870,527.


Official website here: www.speckhomesforboys.org

Who are the executives of Speck Homes Inc and what are their salaries?

The average compensation at Speck Homes Inc during 2022 was $27,535. There are 81 employees at Speck Homes Inc.


Here are 6 key members and their salaries:


Mike Mcpherson (Executive Di)
  • Compensation: $116,141
  • Related: $0
  • Other: $0
Keith F Givens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mcpherson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Miller (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reggie Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Tapp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.speckhomesforboys.org

Where can I find the form 990 for Speck Homes Inc?

Speck Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.speckhomesforboys.org

Learn more at the official website: www.speckhomesforboys.org

Mission Statement of Speck Homes Inc

Speck Homes Inc, a nonprofit organization, is dedicated to providing group residential rehabilitation services for teenage males. Under contractual agreements with the Oklahoma Department of Human Services and the Oklahoma Office for Juvenile Affairs, Speck Homes Inc plays a significant role in rehabilitating these young individuals. The organization's mission is to offer a supportive environment where teenage males can undergo rehabilitation, aimed at promoting personal growth and development. Speck Homes Inc's services are designed to assist these young individuals in overcoming challenges and learning valuable life skills, ultimately preparing them for a more productive and fulfilling future.

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Impact




July, 2024

Speck Homes Inc's impact lies in providing group residential home rehabilitation services to teenage males under contracts with the Oklahoma Department of Human Services and the Oklahoma Office for Juvenile Affairs. Their mission is to support the rehabilitation and well-being of these young individuals who are under their jurisdiction. Through their work, Speck Homes Inc plays a crucial role in helping these teenagers navigate challenging circumstances and facilitating their path towards positive change and growth.




This information is meant to be a general summary of Speck Homes 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.

Revenue
$3,870,527 (2022)
Expenses
$3,633,800 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $355
  • Program Service Revenue: $3,754,991
  • Gross Receipts: $3,870,527

Assets and Liabilities:

  • Total Assets: $1,893,298
  • Total Liabilities: $154,063
  • Net Assets: $1,739,235

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OK DHS-CHILD WELFARE

Revenue

$3,668,093

SCHOOL BREAKFAST & LUNCH

Revenue

$86,898

Organization Details

Founding Year

1972

Principal Officer

Mike Mcpherson

Main Address

PO BOX 60889, OKLAHOMA CITY, OK, 73146

NTEE Category

Code: Z99 - Unknown

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