Overview
What is Compassion Ministries Of Waco?
Compassion Ministries of Waco, operating under the names Compassion Waco and Compassion, is a nonprofit organization situated in Waco, Texas. Their primary mission is to reintegrate homeless families with children into permanent housing and employment. To achieve this goal, they provide transitional housing for up to 60 individuals at a time, offering fourteen apartment units for families. Upon acceptance into the program, residents work with a case manager to create a service plan, which typically lasts six months. This plan identifies needs and objectives, outlining how they will be met during the resident's stay, covering areas such as housing, employment, family needs, health care, and personal goals. The staff offers necessary support and makes referrals to local nonprofit organizations, like Habitat for Humanity, Grassroots Community Development, and NeighborWorks, to help families qualify for affordable home ownership. Regular evaluations of the service plan are conducted to monitor progress.
Official website here: www.compassionwaco.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
Compassion Ministries Of Waco has received a solid 84% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization’s score reflects its commitment to sound financial practices, as evidenced by a fully independent board and robust financial oversight mechanisms. This high level of governance contributes positively to the trust and reliability perceived by donors.
The charity scored exceptionally well in several key areas, such as maintaining a conflict of interest policy and having a comprehensive whistleblower policy in place, both of which are critical for transparency and ethical management. Additionally, the organization maintains a low liabilities-to-assets ratio, showcasing its financial stability. However, a notable area for improvement is the program expense ratio, which stands at 60.03%, suggesting that there may be room to allocate more resources directly to its programs.
Overall, Compassion Ministries Of Waco demonstrates a commendable level of accountability and has established strong governance practices. While the financial health indicators are promising, enhancing the program expense ratio could further enhance its impact and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Compassion Ministries Of Waco?
90% of 8 reviewers on Facebook recommend Compassion Ministries Of Waco. Here is a summary of their reviews:
The sentiment towards this nonprofit organization is largely positive, with many individuals highlighting their experience as fulfilling. One former employee enthusiastically described it as "the best place to work" in Waco, Texas, pointing out the supportive leadership and collaborative atmosphere.
Overall, Compassion Ministries of Waco seems to create a strong impact on its community while also offering a rewarding environment for its staff. The organization appears to effectively connect with both those it serves and the people who work within it.
This AI summary has been generated from reviews found on Facebook.
Is Compassion Ministries Of Waco legitimate?
Compassion Ministries Of Waco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compassion Ministries Of Waco 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: $116,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,121
For more financial information, click here
Official website here: www.compassionwaco.com
What is the mission statement of Compassion Ministries Of Waco?
Compassion Ministries, an organization aimed at assisting disadvantaged and homeless families with children, strives to reintegrate these families into permanent housing and employment. Their mission is to provide services that cater to the needs of these families during their transition period. Upon acceptance into the program, families work with a case manager to create a service plan, which typically lasts six months. This plan identifies various needs, such as housing, employment, family requirements, health care, and personal goals, and outlines how they will be addressed during the family's stay. The staff at Compassion Ministries provides necessary support and refers families to relevant resources to help achieve these objectives. Additionally, the organization assists families in qualifying for affordable home ownership through partnerships with local non-profit organizations.
Official website here: www.compassionwaco.com
Who is the CEO of Compassion Ministries Of Waco?
Amanda Samaniego is the Past President of Compassion Ministries Of Waco.
Official website here: www.compassionwaco.com
What is the revenue of Compassion Ministries Of Waco?
Compassion Ministries Of Waco's revenue in 2022 was $624,429.
Official website here: www.compassionwaco.com
Who are the executives of Compassion Ministries Of Waco and what are their salaries?
The average compensation at Compassion Ministries Of Waco during 2022 was $21,262. There are 10 employees and 200 volunteers at Compassion Ministries Of Waco.
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Official website here: www.compassionwaco.com
Where can I find the form 990 for Compassion Ministries Of Waco?
Compassion Ministries Of Waco's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.compassionwaco.com
Learn more at the official website: www.compassionwaco.com
Mission Statement of Compassion Ministries Of Waco
Compassion Ministries of Waco is dedicated to reintegrating homeless families with children into permanent housing and employment. This nonprofit organization's mission is to provide services to disadvantaged and homeless families, offering them a pathway to stability. The organization operates a transitional housing facility, capable of accommodating up to 60 individuals at a time. Residents are assisted in designing a service plan during their six-month stay, which outlines their housing, employment, family needs, health care, and personal goals. The staff provides necessary support and referrals to help residents achieve these objectives.
Moreover, Compassion Ministries of Waco collaborates with local nonprofit organizations such as Habitat for Humanity, Grassroots Community Development, and Neighborworks to help qualifying families secure affordable home ownership. This holistic approach addresses various aspects of the families' lives, aiming to empower them to rebuild their lives and secure a stable future. The organization's mission is driven by its commitment to supporting vulnerable families and providing them with the tools and resources needed to overcome homelessness and achieve long-term stability.
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Impact
July, 2024
Compassion Ministries Of Waco's impact is profound in helping disadvantaged and homeless families with children to reintegrate into permanent housing and employment. By providing transitional housing for up to 60 individuals at a time in fourteen apartment units, this organization offers a vital lifeline to those in need. Through personalized service plans that address housing, employment, family needs, healthcare, and personal goals, Compassion Ministries Of Waco empowers residents to make positive changes and achieve stability in their lives. Additionally, their efforts in qualifying families for affordable homeownership demonstrate a commitment to creating long-term solutions for homelessness in the community. Overall, their dedication to transforming the lives of homeless families with children makes a significant impact on building a stronger and more resilient community.
This information is meant to be a general summary of Compassion Ministries Of Waco. 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: $203
- Program Service Revenue: $55,964
- Gross Receipts: $637,639
Assets and Liabilities:
- Total Assets: $7,420,795
- Total Liabilities: $48,083
- Net Assets: $7,372,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$55,964
Organization Details
Founding Year
1994
Phone
(254) 755-7640Principal Officer
Amanda Samaniego
Main Address
1421 AUSTIN AVE, WACO, TX, 76701
Website
www.compassionwaco.comNTEE Category
Code: S20 - Community improvement
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