Overview
What is Texas Neighborhood Services?
Texas Neighborhood Services is a nonprofit organization situated in Weatherford, Texas. Their primary mission is to alleviate poverty within their served counties, with poverty being defined by federal income standards. To accomplish this, they provide utility assistance, rental aid, and emergency relief to eligible households through various governmental programs they administer. Their efforts aim to reduce energy costs for low-income and elderly residents, offering emergency financial assistance to cover a portion of utility bills and installing weatherization measures to improve energy efficiency in homes. In 20XX, they served 7,536 individuals across 7 counties, utilizing a combination of federal, state, and local funding, in addition to support from energy companies and local United Ways. The organization employs a team of 10 individuals dedicated to this cause.
Official website here: www.txns.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%
Texas Neighborhood Services has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a score of 95%, the organization demonstrates exceptional governance practices, including a fully independent board and transparent financial reporting, which are critical for fostering trust among donors and the community it serves.
The nonprofit excels in its financial management, evidenced by perfect scores in multiple categories, such as its audit of financial statements and program expense ratio, which indicates a substantial portion of its budget is directed towards its programs. Additionally, the absence of material diversion of assets further underscores the organization’s integrity and responsible stewardship of funds.
While the overall data is overwhelmingly positive, potential contributors may still want to inquire further about the specific programs and services Texas Neighborhood Services offers, as well as the impact of those programs on the community. Overall, the organization appears to be effectively utilizing its resources for maximum benefit.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Neighborhood Services legitimate?
Texas Neighborhood Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Neighborhood Services 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: $358,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,663
For more financial information, click here
Official website here: www.txns.org
What is the mission statement of Texas Neighborhood Services?
Texas Neighborhood Services is dedicated to addressing poverty within its served communities. Poverty is defined based on household income as per the federal government's standards. The organization's mission is to overcome the obstacles in improving household income by offering utility assistance, rental assistance, and emergency aid. They administer these programs according to the qualifying criteria set by various governmental programs. The aim is to provide aid where eligible households are concerned.
Official website here: www.txns.org
Who is the CEO of Texas Neighborhood Services?
Michael Stout is the Cfo of Texas Neighborhood Services.
Official website here: www.txns.org
What is the revenue of Texas Neighborhood Services?
Texas Neighborhood Services's revenue in 2022 was $6,790,219.
Official website here: www.txns.org
Who are the executives of Texas Neighborhood Services and what are their salaries?
The average compensation at Texas Neighborhood Services during 2022 was $66,053. There are 10 employees and 10 volunteers at Texas Neighborhood Services.
Here are 8 key members and their salaries:
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- Compensation: $196,337
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- Other: $33,929
- Compensation: $162,526
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- Other: $32,316
Official website here: www.txns.org
Where can I find the form 990 for Texas Neighborhood Services?
Texas Neighborhood Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.txns.org
Learn more at the official website: www.txns.org
Mission Statement of Texas Neighborhood Services
Texas Neighborhood Services, a nonprofit organization, aims to address the challenges of poverty among citizens living in the counties it serves. According to federal guidelines, poverty is defined by household income. The mission of Texas Neighborhood Services is to overcome the obstacles preventing improvements in household income by providing utility assistance, rental aid, and emergency aid. They offer these services to eligible households, following the guidelines of the various governmental programs they administer. By addressing these fundamental needs, Texas Neighborhood Services strives to uplift families and communities, contributing to a more equitable society.
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Impact
July, 2024
Texas Neighborhood Services has a significant impact on addressing poverty among citizens living in the counties it serves by providing essential services such as utility assistance, rental assistance, and emergency assistance. Through its energy program, the organization assists low-income and elderly residents in managing and reducing energy costs, offering both short-term financial aid during crises and long-term solutions through weatherization measures. This critical support has benefitted 7,536 individuals across seven counties, leveraging federal, state, and local assistance resources to make households more energy-efficient and financially stable.
This information is meant to be a general summary of Texas Neighborhood Services. 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: -$7,346
- Gross Receipts: $6,797,711
Assets and Liabilities:
- Total Assets: $1,477,436
- Total Liabilities: $907,355
- Net Assets: $570,081
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Organization Details
Founding Year
1965
Phone
(817) 598-5700Principal Officer
Michael Stout
Main Address
PO BOX 1539, WEATHERFORD, TX, 76086
Website
www.txns.orgNTEE Category
Code: P20Z - Human services
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