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Olney Home For Life

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800765594 ✦ Olney, MD ✦ Designated as a 501(c)(3)

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Overview

What is Olney Home For Life?

Olney Home For Life is a nonprofit organization situated in Olney, Maryland. Its primary mission is to establish and maintain a community where seniors can rely on one another for assistance, focusing on services related to inclusion, engagement, safety, and comfort. This is achieved through the provision of transportation, friendly calls, and friendly visits. The organization encourages a sense of community, reminiscent of the neighborly assistance provided by our grandparents and great-grandparents.


Official website here: www.gorides.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

Olney Home For Life has achieved an impressive rating of 97% from Charity Navigator, reflecting a strong commitment to accountability and finance. This score indicates the organization operates with a high degree of transparency and effectiveness, particularly in managing its financial resources. The charity's accountability score is bolstered by a fully independent board, effective conflict of interest policies, and a solid whistleblower policy.

One notable strength of Olney Home For Life is its exceptional program expense ratio of 96.74%, suggesting that a significant majority of its resources are directed towards fulfilling its mission. Additionally, the absence of any material diversion of assets and a perfect liabilities to assets ratio of 0.00% highlight the charity's sound financial practices and stability.

While the data showcases strong organizational governance and financial health, there are no specific notes regarding limitations or challenges faced by the organization. Overall, the high rating underscores Olney Home For Life's dedication to operational excellence and its focus on maximizing the impact of its contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Olney Home For Life legitimate?

Olney Home For Life is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olney Home For Life 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: $0

For more financial information, click here


Official website here: www.gorides.org

What is the mission statement of Olney Home For Life?

Olney Home For Life's mission is to establish and maintain an organization that facilitates voluntary resident-to-resident assistance for and with seniors. The organization's primary focus is on services and demands associated with inclusion, engagement, safety, and comfort. By doing so, Olney Home For Life aims to create a community where neighbors help seniors, emulating the experiences of our grandparents and great-grandparents. The organization provides transportation, friendly calls, and friendly visits as part of its services, fostering a sense of companionship and support among seniors.


Official website here: www.gorides.org

What is the revenue of Olney Home For Life?

Olney Home For Life's revenue in 2023 was $28,545.


Official website here: www.gorides.org

Who are the executives of Olney Home For Life and what are their salaries?

There 19 volunteers at Olney Home For Life.

Here are 11 key members and their salaries:


William S Isaacs Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Cottone (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Willett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Gebicke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Partington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philippa Channer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Kahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Harkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Weber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeline Lyon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gorides.org

Where can I find the form 990EZ for Olney Home For Life?

Olney Home For Life's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.gorides.org

Learn more at the official website: www.gorides.org

Mission Statement of Olney Home For Life

Olney Home For Life is an organization dedicated to supporting seniors in their community. Its mission is to establish and maintain a platform that encourages voluntary resident-to-resident assistance for and with seniors. The organization concentrates on services and demands associated with inclusion, engagement, safety, and comfort. By doing so, Olney Home For Life aims to facilitate a community where neighbors help seniors, reminiscent of the experiences of our grandparents and great-grandparents. The organization provides transportation, friendly calls, and friendly visits, enabling seniors to live comfortably and with a sense of belonging.

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Impact




August, 2024

Olney Home For Life makes a significant impact by providing seniors with essential services such as transportation, friendly calls, and friendly visits. By enabling a community where neighbors help seniors, the organization creates an atmosphere reminiscent of the care and support our grandparents and great-grandparents experienced. This focus on inclusion, engagement, safety, and comfort ensures that seniors receive the assistance they need to lead fulfilling and independent lives.




This information is meant to be a general summary of Olney Home For Life. 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.

Revenue
$28,545 (2023)
Expenses
$25,734 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $29,925

Assets and Liabilities:

  • Total Assets: $25,365
  • Total Liabilities: $0
  • Net Assets: $25,365

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Organization Details

Founding Year

2012

Principal Officer

William S Isaacs Iii

NTEE Category

Code: P80 - Human services

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