Overview
What is Options Inc?
Options Inc is a nonprofit organization dedicated to supporting individuals with developmental disabilities. Their mission is to create and facilitate community-integrated employment opportunities and vocational training, fostering personal growth and development. Additionally, they offer group home living programs, designed to enhance the mental, vocational, and personal well-being of these individuals. Their services aim to empower adults with developmental disabilities, helping them lead fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Options Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance, with a score of 94%. This rating signifies the nonprofit's commitment to transparent financial practices and effective governance, essential for building trust with donors and stakeholders.
The organization demonstrates notable strengths, including a fully independent board of directors, which enhances its governance structure. With no material diversion of assets reported and a clear conflict of interest policy in place, Options Inc shows a high level of integrity in its operations. Furthermore, the high program expense ratio of 89.49% indicates that the majority of its funding is directed towards its programs rather than administrative costs.
While the overall evaluation is very positive, continued vigilance in maintaining these standards will be crucial for sustaining donor confidence and operational effectiveness. The organization’s practices regarding financial oversight and independence bode well for its future performance and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Options Inc legitimate?
Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Options 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $970,737
For more financial information, click here
What is the mission statement of Options Inc?
Options Inc's mission is centered around serving individuals with developmental disabilities. They aim to accomplish this by creating, promoting, and running community-based employment opportunities and related training programs. These initiatives are designed to enhance the mental, vocational, and personal growth of the participating adults. Furthermore, Options Inc develops and manages group home living programs. These programs also contribute significantly to the mental, vocational, and personal development of the residents. Overall, the organization's mission is to empower and support individuals with developmental disabilities, helping them to lead fulfilling lives.
Who is the CEO of Options Inc?
Donna Cunningham is the Exec. Dir. of Options Inc.
What is the revenue of Options Inc?
Options Inc's revenue in 2022 was $1,058,926.
Who are the executives of Options Inc and what are their salaries?
The average compensation at Options Inc during 2022 was $11,158. There are 87 employees at Options Inc.
Here are 7 key members and their salaries:
- Compensation: $48,650
- Related: $0
- 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
- Related: $0
- Other: $0
Where can I find the form 990 for Options Inc?
Options Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Options Inc
Options Inc, a nonprofit organization, is committed to providing services for individuals with developmental disabilities. Their mission is twofold: firstly, they aim to promote and operate community-integrated employment opportunities and vocational training for adults. These programs are designed to foster mental, vocational, and personal growth in these individuals. Secondly, Options Inc operates group home living programs that also contribute to the mental, vocational, and personal development of the residents. These programs provide a supportive environment where individuals can learn essential life skills and grow independently. By offering these comprehensive services, Options Inc seeks to empower and enhance the lives of individuals with developmental disabilities.
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Impact
July, 2024
Options Inc's impact is significant in providing essential services for developmentally disabled individuals in CHECOTAH, OK. They offer community-integrated employment opportunities and training for adults, contributing to their mental, vocational, and personal development. Additionally, Options operates group home living programs that further support the well-being and growth of the individuals they serve. Through their dedicated efforts, Options Inc plays a vital role in enhancing the lives and opportunities of developmentally disabled individuals in the community.
This information is meant to be a general summary of Options 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 2022.
- Investment Income: $110
- Program Service Revenue: $197,862
- Gross Receipts: $1,058,926
Assets and Liabilities:
- Total Assets: $404,878
- Total Liabilities: $191,434
- Net Assets: $213,444
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Client Housing
Revenue
$42,338
Contract
Revenue
$155,524
Organization Details
Founding Year
1988
Phone
(918) 473-2614Principal Officer
Donna Cunningham
Main Address
1129 White Stag Ave, Checotah, OK, 74426
NTEE Category
Code: P820 - Human services
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