Overview
What is Carole's House Of Hope?
Carole's House of Hope, situated in Omaha, Nebraska, is a nonprofit organization dedicated to assisting young women and mothers who have exited the foster care system or find themselves homeless. The organization offers transitional living, fostering a supportive and homelike environment. Through innovative programs and services, they encourage self-sufficiency and independence. With a team of 34 dedicated individuals, Carole's House of Hope aims to provide the necessary resources and skills training to help these individuals build a stable and independent life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Stars
Carole's House Of Hope has achieved a commendable Four-Star rating on Charity Navigator, reflecting its strong commitment to accountability and financial health. With an impressive score of 94 in Accountability & Finance, the organization demonstrates effective management of resources, showcasing a low liabilities to assets ratio of only 0.11%. This financial prudence is complemented by a high program expense ratio of 85.06%, indicating that a significant majority of funds are allocated directly to its programs.
The organization exhibits a robust governance structure, with all board members being independent, which is critical for unbiased oversight. It has established comprehensive policies, including conflict of interest and whistleblower policies, and has been transparent in its operations by maintaining documented board meeting minutes. The charity also excels in gathering and utilizing constituent feedback, achieving perfect scores in feedback collection and usage, which signifies its responsiveness to the needs of those it serves.
However, while Carole's House Of Hope scores well in its equity strategies and policies, it has room for improvement, as indicated by its score of 79 in this area. This suggests a need for enhanced focus on equitable practices within its programs. Overall, the organization appears to be a trustworthy and effective nonprofit, making a positive impact within its community.
This AI summary has been generated from information found on Charity Navigator.
Is Carole's House Of Hope legitimate?
Carole's House Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carole's House Of Hope 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: $670,349
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What is the mission statement of Carole's House Of Hope?
Carole's House of Hope, a transitional living facility, is committed to supporting young women and mothers who have either aged out of foster care or find themselves homeless. The organization provides a nurturing environment that, together with innovative programs and services, fosters self-reliance and independence. By offering housing and life skills training, Carole's House of Hope aims to empower its residents to build sustainable lives.
Who is the CEO of Carole's House Of Hope?
Kylan Crawford is the President of Carole's House Of Hope.
What is the revenue of Carole's House Of Hope?
Carole's House Of Hope's revenue in 2022 was $964,654.
Who are the executives of Carole's House Of Hope and what are their salaries?
The average compensation at Carole's House Of Hope during 2022 was $19,716. There are 34 employees at Carole's House Of Hope.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Carole's House Of Hope?
Carole's House Of Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carole's House Of Hope
Carole's House of Hope, a dedicated nonprofit organization, is committed to offering transitional living for young women and mothers who find themselves in challenging circumstances. These women have either aged out of the foster care system or have become homeless. The mission of Carole's House of Hope is to create an environment that resembles a home, while providing them with innovative programs and services. This holistic approach aims to foster self-sufficiency and independence in these women.
By providing a home-like setting, Carole's House of Hope offers more than just a place to stay. It offers a nurturing environment that encourages personal growth and development. The organization's innovative programs and services are tailored to meet the unique needs of each resident, helping them to build the skills necessary to navigate life independently. By doing so, Carole's House of Hope empowers these young women and mothers to take control of their lives and build a brighter future for themselves and their families.
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Impact
July, 2024
Carole's House Of Hope's impact is seen in its housing and training programs for young women and mothers who have aged out of foster care or have become homeless. By providing a home-like environment and innovative services, Carole's House Of Hope encourages self-sufficiency and independence among its residents. This support helps these individuals transition into stable and secure living situations, empowering them to create a better future for themselves.
This information is meant to be a general summary of Carole's House Of Hope. 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.
- Program Service Revenue: $102,670
- Gross Receipts: $964,654
Assets and Liabilities:
- Total Assets: $2,103,550
- Total Liabilities: $2,426
- Net Assets: $2,101,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Placement Income
Revenue
$63,811
Resident Program Fees
Revenue
$34,666
Organization Details
Founding Year
2014
Phone
(402) 312-7996Principal Officer
Kylan Crawford
Main Address
7815 Harney St, Omaha, NE, 68114
NTEE Category
Code: W99 - Public benefit
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