Overview
What is Panhandle Community Services?
Panhandle Community Services is a nonprofit organization located in Amarillo, Texas. With approximately 1,630 households served, they provide housing assistance through the HUD Housing Assistance Program, helping low-income families afford decent, safe, and sanitary rental housing. Their mission reaches beyond just housing, aiming to be a significant influence in meeting the changing needs of Panhandle families. By offering direct services and encouragement, they strive to turn poverty into opportunity and help families attain a higher quality of life through self-sufficiency. The organization, with 156 employees, is dedicated to making a difference in the community.
Official website here: www.pcsvcs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Panhandle Community Services has achieved a commendable Four-Star rating from Charity Navigator, which reflects its strong commitment to accountability and finance. With a score of 96% in these categories, the organization demonstrates effective governance and financial health, which are crucial indicators of a nonprofit's reliability and impact. The organization is fully compliant with best practices, including having a fully independent board and robust financial oversight mechanisms.
The strengths of Panhandle Community Services are evident in its operational transparency and accountability measures. The charity exhibits a high level of commitment to ethical governance with no material diversion of assets reported and comprehensive policies in place, such as conflict of interest and whistleblower protections. Additionally, its impressive program expense ratio of 91.22% indicates a strong focus on direct services to the community, ensuring that the majority of funds are utilized effectively for its mission.
While the data does not highlight specific limitations, the high score suggests that Panhandle Community Services is operating at a strong capacity in terms of governance and finance. This level of performance is a promising sign for potential donors and beneficiaries alike, indicating that contributions are likely to be well-managed and impactful. Overall, the organization stands out as a trustworthy choice for support within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Panhandle Community Services legitimate?
Panhandle Community Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panhandle Community 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: $87,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,742,652
For more financial information, click here
Official website here: www.pcsvcs.org
What is the mission statement of Panhandle Community Services?
Panhandle Community Services aims to make a considerable impact on the evolving needs of families in their community. Through direct services and encouragement, they strive to help transform poverty into opportunity and enhance the overall quality of life. Their mission is geared towards achieving self-sufficiency for these families.
One of their key initiatives is the HUD Housing Assistance Program, which provides rental assistance to eligible low-income households. This program enables approximately 1,630 families to secure decent, safe, and sanitary rental housing. By offering this support, Panhandle Community Services empowers families to focus on improving their economic situation and working towards self-sufficiency.
Official website here: www.pcsvcs.org
What is the revenue of Panhandle Community Services?
Panhandle Community Services's revenue in 2023 was $34,437,243.
Official website here: www.pcsvcs.org
Who are the executives of Panhandle Community Services and what are their salaries?
The average compensation at Panhandle Community Services during 2023 was $42,787. There are 183 employees and 561 volunteers at Panhandle Community Services.
Here are 18 key members and their salaries:
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- Compensation: $87,447
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- Compensation: $107,852
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Official website here: www.pcsvcs.org
Where can I find the form 990 for Panhandle Community Services?
Panhandle Community Services's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pcsvcs.org
Learn more at the official website: www.pcsvcs.org
Mission Statement of Panhandle Community Services
Panhandle Community Services, a significant influence in the lives of families, works towards meeting their changing needs by providing direct services and encouragement. Their ultimate goal is to help low-income families transform poverty into opportunity and attain a higher quality of life through self-sufficiency. One of the ways they contribute to this mission is by offering rental assistance through the HUD Housing Assistance Program. This program plays a crucial role in enabling approximately 1,630 households to afford decent, safe, and sanitary rental housing. By doing so, Panhandle Community Services extends a helping hand to families in need, empowering them to overcome financial challenges and secure a more stable future.
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Impact
October, 2024
Panhandle Community Services plays a vital role in transforming the lives of families in the Panhandle region by addressing the challenges of poverty. Focused on providing direct services, it empowers low-income families to achieve self-sufficiency and a higher quality of life.
Through its HUD Housing Assistance Program, approximately 1,630 households benefit from rental assistance, ensuring they can afford decent, safe, and sanitary housing. This support not only stabilizes families but also fosters an environment where they can pursue opportunities for growth and development. Overall, Panhandle Community Services significantly influences community well-being by turning poverty into opportunity and enhancing the livelihood of families in Amarillo, TX, and surrounding areas.
This information is meant to be a general summary of Panhandle Community 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 2023.
- Investment Income: $37,647
- Program Service Revenue: $2,565,736
- Gross Receipts: $34,475,017
Assets and Liabilities:
- Total Assets: $11,095,876
- Total Liabilities: $1,052,261
- Net Assets: $10,043,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSPORTATION SERVICES
Revenue
$2,534,276
HOUSING SERVICES
Revenue
$28,903
COMMUNITY SERVICES
Revenue
$1,325
SENIOR SERVICES
Revenue
$1,232
Organization Details
Founding Year
1964
Principal Officer
Magi York
Website
www.pcsvcs.orgNTEE Category
Code: P120 - Human services
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