Overview
What is Springs Inc?
Springs Inc is a nonprofit organization situated in Sand Springs, Oklahoma. With a team of 121 dedicated individuals, their primary mission is to provide residential group homes for individuals with developmental disabilities. This service aims to create a safe and supportive environment for these individuals, catering to their unique needs. Springs Inc's activities are centered around housing and caring for these developmentally disabled individuals, ensuring they live with dignity and independence. Their services extend beyond just shelter, providing a comprehensive living solution for those who require special care and attention.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Springs Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The rating is derived solely from their Accountability & Finance score, reflecting the organization’s commitment to transparency and responsible financial practices, which is crucial for donor trust.
The organization excels in several areas, scoring full points on financial statements audit, conflict of interest policy, and whistleblower policy, among others. A notable strength is their program expense ratio of 83.31%, suggesting that a significant portion of their expenses directly supports their programs, which is beneficial for their mission impact.
Despite these strengths, the overall rating of 79% suggests that there may be areas for improvement. While the charity demonstrates strong financial practices, the single beacon score indicates a lack of breadth in assessed metrics, which may limit the insights available to potential donors regarding the organization’s overall effectiveness beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Springs Inc legitimate?
Springs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springs 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: $157,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,815,414
For more financial information, click here
What is the mission statement of Springs Inc?
Springs Inc, as an organization, is dedicated to providing residential group homes for developmentally disabled individuals. Their primary mission is to offer a living space that caters to the unique needs of these individuals, aiming to enhance their quality of life. By offering these group homes, Springs Inc strives to contribute to their residents' overall well-being and independence. The services provided by Springs Inc are geared towards mentally handicapped individuals, offering them a supportive and inclusive environment.
Who is the CEO of Springs Inc?
Andy Templeton is the President of Springs Inc.
What is the revenue of Springs Inc?
Springs Inc's revenue in 2022 was $4,559,425.
Who are the executives of Springs Inc and what are their salaries?
The average compensation at Springs Inc during 2022 was $24,570. There are 121 employees at Springs Inc.
Here are 8 key members and their salaries:
- Compensation: $87,975
- Related: $0
- Other: $0
- Compensation: $69,588
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Springs Inc?
Springs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Springs Inc
Springs Inc, as a nonprofit organization, is dedicated to providing residential group homes for individuals who are developmentally disabled. Their mission is centered around offering a living space that caters to the unique needs of these individuals, ensuring they have a safe and supportive environment. By establishing these group homes, Springs Inc aims to enhance the quality of life for these mentally handicapped individuals, providing them with the care and assistance they require to lead fulfilling lives. The organization's primary activity revolves around this residential service, demonstrating their commitment to supporting and empowering those with developmental disabilities.
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Impact
July, 2024
Springs Inc's impact lies in providing residential group homes to house developmentally disabled individuals in Sand Springs, Oklahoma. Their services directly benefit mentally handicapped individuals by offering a safe and supportive living environment tailored to their needs. Through their mission to provide residential group homes, Springs Inc plays a crucial role in supporting and enhancing the quality of life for those with developmental disabilities.
This information is meant to be a general summary of Springs 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: $2,734
- Program Service Revenue: $4,556,691
- Gross Receipts: $4,559,425
Assets and Liabilities:
- Total Assets: $2,572,944
- Total Liabilities: $216,586
- Net Assets: $2,356,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT REVENUE
Revenue
$195,809
Fees & Contracts Gov Agencies
Revenue
$4,074,620
FUNDRAISER
Revenue
$194
ROOM ,BOARD AND OTHER
Revenue
$108,705
TRANSPORTATION
Revenue
$177,318
Organization Details
Phone
(918) 743-8871Principal Officer
Andy Templeton
Main Address
PO BOX 398, SAND SPRINGS, OK, 74063
NTEE Category
Code: P70 - Human services
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