Overview
What is Transition House Inc?
Transition House Inc is a non-profit organization based in Norman, Oklahoma, with a focus on providing transitional housing and care for individuals who have recently been released from institutional care due to mental illness. Their primary mission is to help these adults recover and reintegrate into the community, offering transitional living and community outreach services. With a staff of seven dedicated professionals, they strive to ensure a smooth transition for those in need, providing essential support and resources to facilitate recovery and independent living.
Official website here: www.thouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
Transition House Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and community engagement. The organization excels in maintaining a fully independent board, with 100% of its members meeting this criterion. Its impressive program expense ratio of 81% indicates that a significant portion of its funds is directed towards its programs rather than administrative costs.
The nonprofit demonstrates effective feedback mechanisms, scoring a perfect 100 in constituent feedback collection and usage. This suggests that Transition House Inc is responsive to the needs and opinions of those it serves. Additionally, the presence of essential policies, such as conflict of interest and whistleblower protections, enhances its governance framework.
However, while the overall ratings are positive, the organization has room for improvement in areas like equity strategies and the management of its liabilities, which are at 55.58% of its assets. These aspects suggest that Transition House Inc might benefit from further strategic planning to strengthen its financial health and equity initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Transition House Inc legitimate?
Transition House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transition House 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: $63,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,469
For more financial information, click here
Official website here: www.thouse.org
What is the mission statement of Transition House Inc?
The mission of Transition House Inc, a non-profit organization, is centered around offering transitional living and community outreach for adults who are recuperating from mental illness. Specifically, they strive to provide a supportive environment for individuals who have been discharged from institutional care, aiming to facilitate their successful reintegration into society. By offering this critical service, Transition House Inc plays a vital role in empowering these individuals and helping them regain independence and self-sufficiency.
Official website here: www.thouse.org
Who is the CEO of Transition House Inc?
Bonnie Peruttzi is the Executive Director of Transition House Inc.
Official website here: www.thouse.org
What is the revenue of Transition House Inc?
Transition House Inc's revenue in 2023 was $412,792.
Official website here: www.thouse.org
Who are the executives of Transition House Inc and what are their salaries?
The average compensation at Transition House Inc during 2023 was $34,981. There are 7 employees and 41 volunteers at Transition House Inc.
Here are 10 key members and their salaries:
- Compensation: $63,400
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Official website here: www.thouse.org
Where can I find the form 990 for Transition House Inc?
Transition House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thouse.org
Learn more at the official website: www.thouse.org
Mission Statement of Transition House Inc
The Transition House Inc is dedicated to providing transitional living and community outreach for adults who are recovering from mental illness. This nonprofit organization focuses on offering a supportive environment for individuals who have been released from institutional care, aiming to help them reintegrate into society. By offering transitional housing and care, the Transition House Inc seeks to provide a safe and nurturing space for these individuals, enabling them to continue their recovery journey.
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Impact
June, 2024
Transition House Inc has a profound impact on the community in NORMAN, OK by providing essential transitional living and community outreach services for adults recovering from mental illness. Their dedication to offering supportive housing and care for individuals who have been released from institutional care plays a crucial role in facilitating the reintegration and recovery process for those in need. Through their services, Transition House Inc contributes to improving the well-being and quality of life for individuals recovering from mental illness, ultimately promoting greater independence and stability.
This information is meant to be a general summary of Transition House 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: $594
- Program Service Revenue: $266,645
- Gross Receipts: $414,178
Assets and Liabilities:
- Total Assets: $201,954
- Total Liabilities: $112,262
- Net Assets: $89,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Transitional Housing
Revenue
$266,645
Organization Details
Founding Year
1983
Principal Officer
Bonnie Peruttzi
Main Address
700 S Asp, Norman, OK, 73069
Website
www.thouse.orgNTEE Category
Code: F34Z - Mental health
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