Overview
What is Boles Children's Home Inc?
Boles Children's Home Inc is a nonprofit organization situated in Quinlan, Texas, specifically at 7065 LOVE, ZIP code 75474. Their primary mission is to offer a residential home for minor children in need of shelter. They can accommodate approximately 100 children at a time, providing them with a safe and supportive environment during challenging times. With a dedicated workforce of 57 individuals, Boles Children's Home Inc strives to make a positive impact on the lives of these children, ensuring they receive the care and assistance they require.
Official website here: www.armsofhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Boles Children's Home Inc has achieved a perfect score of 100% from Charity Navigator, which indicates exceptional performance in both accountability and finance as well as leadership and adaptability. The charity's transparency is reflected in its high scores across various metrics, including a 96.18% program expense ratio, suggesting that the majority of funds are directed toward its mission rather than administrative costs.
The organization's governance structure is robust, with a board comprised entirely of independent members, ensuring a high level of oversight and integrity. Additionally, Boles Children's Home Inc has implemented comprehensive policies, including conflict of interest and whistleblower policies, which further enhance its accountability to stakeholders.
While the data presents a positive overview of the charity's operational effectiveness, it's important to recognize that these ratings should be viewed as part of a broader evaluation of the organization's actual impact and community feedback. Overall, Boles Children's Home Inc stands out as a well-managed nonprofit dedicated to its mission, with practices in place to uphold its financial responsibility and leadership quality.
This AI summary has been generated from information found on Charity Navigator.
Is Boles Children's Home Inc legitimate?
Boles Children's Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boles Children's Home 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,351,783
For more financial information, click here
Official website here: www.armsofhope.org
What is the mission statement of Boles Children's Home Inc?
Boles Children's Home Inc is committed to providing a residential shelter for approximately 100 minor children in need. The organization's mission is to offer a safe and nurturing environment for these children, providing them with essential care and support during challenging times. By offering a residential home, Boles Children's Home Inc aims to contribute to the well-being and overall development of these children, helping them navigate through their lives with confidence and resilience. The home's mission is centered around providing a nurturing atmosphere, ensuring that each child feels cared for and supported, thereby contributing to their overall growth and development.
Official website here: www.armsofhope.org
Who is the CEO of Boles Children's Home Inc?
Troy Robertson is the Chairman Of The Board of Boles Children's Home Inc. The CEO's salary of Boles Children's Home Inc is $0 and their total compensation is $219,801.
Official website here: www.armsofhope.org
What is the revenue of Boles Children's Home Inc?
Boles Children's Home Inc's revenue in 2022 was $1,742,939.
Official website here: www.armsofhope.org
Who are the executives of Boles Children's Home Inc and what are their salaries?
The average compensation at Boles Children's Home Inc during 2022 was $23,715. There are 57 employees and 10600 volunteers at Boles Children's Home Inc.
Here are 16 key members and their salaries (Boles Children's Home Inc's CEO's salary is $0 and their total compensation is $219,801):
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- Related: $196,419
- Other: $23,382
- Compensation: $0
- Related: $153,016
- Other: $20,344
- Compensation: $0
- Related: $157,816
- Other: $9,327
- Compensation: $125,363
- Related: $0
- Other: $14,025
- Compensation: $0
- Related: $108,708
- Other: $17,243
Official website here: www.armsofhope.org
Where can I find the form 990 for Boles Children's Home Inc?
Boles Children's Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.armsofhope.org
Learn more at the official website: www.armsofhope.org
Mission Statement of Boles Children's Home Inc
Boles Children's Home Inc is dedicated to providing a residential shelter for minors in need. With the capacity to house around 100 children at a time, this nonprofit organization serves as a safe haven for these vulnerable youth. Its mission is centered around offering a home environment for these children, ensuring their basic needs are met during their stay.
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Impact
July, 2024
Boles Children's Home Inc provides a residential home for minor children who need shelter, serving approximately 100 residential children at a time. Their impact is evident in the safe and caring environment they provide for vulnerable children in need of a stable and supportive living situation. This organization plays a crucial role in ensuring that these children have a place to call home and receive the care and support they require during challenging times. Through their dedicated efforts, Boles Children's Home Inc positively impacts the lives of numerous children who benefit from the services and support provided by the organization.
This information is meant to be a general summary of Boles Children's Home 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: $1,011
- Program Service Revenue: $19,046
- Gross Receipts: $1,742,939
Assets and Liabilities:
- Total Assets: $12,043,794
- Total Liabilities: $24,371,269
- Net Assets: -$12,327,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SUPPORT FEES
Revenue
$19,046
Organization Details
Founding Year
1937
Phone
(903) 883-2204Principal Officer
Troy Robertson
Main Address
7065 LOVE, QUINLAN, TX, 75474
Website
www.armsofhope.orgNTEE Category
Code: L40 - Housing
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