Overview
What is Think Ability Inc?
Think Ability Inc, located in Duncan, Oklahoma, is a nonprofit organization that offers supportive living arrangements for mentally handicapped young adults. Their services include group homes, apartment complexes, and housing, all under 24-hour supervision. Besides providing a place to live, they also offer food and vocational training to help their clients develop job skills. The organization's primary mission is to teach independent living skills and vocational skills to the mentally handicapped, aiming to empower them to lead more independent lives. With a workforce of 427 dedicated individuals, Think Ability Inc is committed to making a positive impact in the lives of those it serves.
What are the reviews and ratings of this charity?
**Think Ability Inc**
**Charity Navigator Rating: 82% (Three-Star out of Four Stars)**
Think Ability Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in the realm of accountability and finance. With a score of 82% in this category, the organization demonstrates strong financial management practices and a commitment to transparency. Key strengths include a fully independent board, effective oversight, and a high program expense ratio, indicating that a significant majority of its funds are directed toward its programs.
The organization maintains a robust governance structure, with an entirely independent board and appropriate financial oversight mechanisms in place. The lack of material diversion of assets and a healthy liabilities-to-assets ratio further underscores its financial health. However, key aspects such as impact measurement and cultural engagement have not been scored, which may indicate areas for growth in assessing the overall effectiveness and community connection.
User reviews from GreatNonprofits were not available to provide public sentiment, but the solid financial standing highlighted by Charity Navigator positions Think Ability Inc as a responsible nonprofit that may be making a positive difference, albeit with opportunities to enhance its evaluation in impact and leadership metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Think Ability Inc legitimate?
Think Ability Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Think Ability 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $5,878,626
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What is the mission statement of Think Ability Inc?
Think Ability Inc is committed to educating individuals with mental disabilities in independent living and vocational skills. Their mission is to provide a supportive environment, including group homes, apartment complexes, and housing, for mentally handicapped young adults. Under 24-hour supervision, they offer food and training in various life skills. Moreover, Think Ability Inc provides vocational services to teach job skills to individuals with mental disabilities, enhancing their ability to integrate into the workforce.
Who is the CEO of Think Ability Inc?
Robin Arter is the Secretary of Think Ability Inc.
What is the revenue of Think Ability Inc?
Think Ability Inc's revenue in 2023 was $9,651,127.
Who are the executives of Think Ability Inc and what are their salaries?
The average compensation at Think Ability Inc during 2023 was $13,767. There are 427 employees at Think Ability Inc.
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Where can I find the form 990 for Think Ability Inc?
Think Ability Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Think Ability Inc
Think Ability Inc, a nonprofit organization, is dedicated to educating and empowering individuals with mental disabilities. Their mission centers around teaching independent living skills and vocational skills to this community. By providing group homes, apartment complexes, and housing for mentally handicapped young adults, Think Ability Inc offers a living environment where individuals can learn and grow under 24-hour supervision. Furthermore, the organization offers vocational services to help these individuals acquire job skills, enabling them to become more self-sufficient and integrated into society.
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Impact
July, 2024
Think Ability Inc's impact lies in its dedication to teaching independent living skills and vocational skills to the mentally handicapped. Through their provision of group homes, apartment complexes, and housing for mentally handicapped young adults, they create environments that support and nurture individuals with special needs. Additionally, their vocational services offer training in job skills, empowering the mentally handicapped to gain employment opportunities and become more self-sufficient. This organization's work in Duncan, OK, directly enhances the quality of life for the mentally handicapped population by providing essential services, support, and training under 24-hour supervision.
This information is meant to be a general summary of Think Ability 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 2023.
- Investment Income: $29,811
- Program Service Revenue: $9,011,121
- Gross Receipts: $9,651,127
Assets and Liabilities:
- Total Assets: $7,153,632
- Total Liabilities: $1,212,805
- Net Assets: $5,940,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE CONTRACT
Revenue
$8,200,872
CLIENT HOUSING
Revenue
$810,249
Organization Details
Founding Year
1982
Phone
(580) 252-8000Principal Officer
Robin Arter
Main Address
1301 W MAIN STREET, DUNCAN, OK, 73533
NTEE Category
Code: P70 - Human services
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