Overview
What is Broadway House Inc?
Broadway House Inc, based in Ardmore, Oklahoma, is a nonprofit organization that offers safe and sober living accommodations for individuals recovering from substance abuse. With a staff of three, the organization houses and supports around 123 men each year, with approximately 30 residing at the end of the year. The primary goal is to help clients leave the facility clean, sober, employed, and current on fines and child support. Residents are expected to pay for their living and eating expenses, as well as for education and counseling, which is an integral part of the recovery process and learning to be responsible for oneself. The organization provides a crucial service in aiding individuals in their journey towards sobriety and a better life.
Official website here: www.okdrs.gov/guide/broadway-house-inc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Broadway House Inc has been awarded a Three-Star rating by Charity Navigator, indicating a solid performance primarily based on its accountability and finance metrics. The organization excels with a perfect score in areas such as board composition and material diversion of assets, reflecting strong governance practices. Additionally, it shows a commendable program expense ratio of 87.62%, suggesting that a significant portion of its funds is directed towards its mission-related activities.
However, the rating also highlights some areas for improvement. Notably, the absence of a whistleblower policy and a document retention and destruction policy resulted in a loss of crucial points in the accountability section. While the organization has a well-structured board and maintains transparency in its financial practices, addressing these policy gaps could enhance its overall score and strengthen stakeholder trust.
In summary, Broadway House Inc demonstrates a commitment to financial integrity and effective governance, but it would benefit from implementing essential policies that could improve its accountability framework. This could potentially lead to a higher rating in future assessments, reinforcing its dedication to transparency and responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is Broadway House Inc legitimate?
Broadway House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadway 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: $41,983
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,438
For more financial information, click here
Official website here: www.okdrs.gov/guide/broadway-house-inc
What is the mission statement of Broadway House Inc?
Broadway House Inc aims to provide a safe and sober living environment for individuals recovering from substance abuse. Their mission is to offer a haven where these individuals can focus on their recovery and regain control of their lives. The organization manages a sober living home for men, providing a space where up to 123 individuals can reside at a time. At the end of the year, around 30 men are in residence. The program emphasizes the importance of responsibility, as clients pay fees for living, eating, and receiving education and counseling. These fees are an integral part of the recovery process, teaching individuals to take charge of their own lives and meet their obligations, such as being clean, employed, and current on fines and child support.
Official website here: www.okdrs.gov/guide/broadway-house-inc
Who is the CEO of Broadway House Inc?
David Lowden is the President of Broadway House Inc.
Official website here: www.okdrs.gov/guide/broadway-house-inc
What is the revenue of Broadway House Inc?
Broadway House Inc's revenue in 2022 was $334,669.
Official website here: www.okdrs.gov/guide/broadway-house-inc
Who are the executives of Broadway House Inc and what are their salaries?
The average compensation at Broadway House Inc during 2022 was $25,807. There are 3 employees at Broadway House Inc.
Here are 6 key members and their salaries:
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Official website here: www.okdrs.gov/guide/broadway-house-inc
Where can I find the form 990 for Broadway House Inc?
Broadway House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.okdrs.gov/guide/broadway-house-inc
Learn more at the official website: www.okdrs.gov/guide/broadway-house-inc
Mission Statement of Broadway House Inc
Broadway House Inc, a non-profit organization, is dedicated to providing a safe and sober living space for individuals recovering from substance abuse. By managing a sober living home for men, Broadway House offers a sanctuary for those on the path to recovery. Throughout the year, they house and support over a hundred men, with around thirty residing at the end of the year. One of the key aspects of their mission is the focus on accountability. By requiring clients to pay fees for living and eating in the facility, as well as for education and counseling, Broadway House aims to teach its residents the importance of taking responsibility for themselves. This practice is an integral part of the recovery process at Broadway House. The organization's commitment to helping its clients leaves a lasting impact, with approximately half of the clients successfully leaving the house clean, sober, employed, and current on fines and child support.
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Impact
June, 2024
Broadway House Inc provides a safe and sober living space for individuals recovering from substance abuse. In the past year, they managed a sober living home for men, housing 123 men with 30 in residence at the end of the year. Approximately 50% of clients leave the house clean, sober, employed, and current on fines and child support. The organization's revenue comes from amounts paid by clients for living arrangements, meals, education, and counseling. Broadway House Inc plays a crucial role in helping individuals in recovery learn to be responsible for themselves and achieve stability in their lives. Their impactful work contributes to the mental health and well-being of those they serve.
This information is meant to be a general summary of Broadway 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 2022.
- Investment Income: $103
- Program Service Revenue: $133,763
- Gross Receipts: $334,669
Assets and Liabilities:
- Total Assets: $709,109
- Total Liabilities: $20,948
- Net Assets: $688,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$133,763
Organization Details
Founding Year
1982
Phone
(580) 226-3252Principal Officer
David Lowden
Main Address
221 2ND AVENUE NW, ARDMORE, OK, 73401
NTEE Category
Code: F600 - Mental health
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