Overview
What is Our House?
Our House is a nonprofit organization situated in Ypsilanti, Michigan, specifically at 111 S Wallace Blvd. Their primary mission is to assist young adults aged between 15 and 25 who have gone through foster care and are transitioning into independent living. They offer housing scholarships to foster care alumni in the community, thereby enhancing their housing stability and enabling them to focus on work, education, and maturing into adulthood. The organization also conducts monthly group activities and weekend camps for teens, young adults, and mentors, fostering a supportive environment. With a team of 21 dedicated individuals, Our House plays a significant role in helping these young adults navigate their transition into independence.
Official website here: www.ourhousemi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Our House has received an overall score of 81% from Charity Navigator, which reflects its strong performance in accountability and finance. This score is derived entirely from its accountability and finance metrics, indicating that the organization is committed to transparency and responsible financial practices. The rating is particularly significant as it suggests that donors can have a high level of confidence in the management of the charity's resources.
The organization excels in several key areas, achieving top scores in independent board governance, with 100% independent board members and effective policies in place for conflict of interest and whistleblower protections. Furthermore, Our House demonstrates a commendable program expense ratio of 92.23%, meaning that a substantial majority of its expenditures are directed toward its programs and services, highlighting a strong commitment to its mission.
While the charity's overall rating is solid, it is important for potential donors to consider that the score is based solely on financial accountability rather than programmatic effectiveness or impact. This limitation suggests that while Our House is responsible in its financial dealings, prospective supporters may want to seek additional information regarding the outcomes of its programs and how effectively it meets its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Our House legitimate?
Our House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our House 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: $414,857
For more financial information, click here
Official website here: www.ourhousemi.org
What is the mission statement of Our House?
Our House's mission is centered around supporting teenagers and young adults who have transitioned from foster care. By providing housing assistance, the organization aids young adults aged 15-25 who faced foster care as adolescents, enabling them to focus on their independent living journey, work, and education. Our House also offers housing scholarships to foster alumni within the community, thereby enhancing their housing stability. Additionally, they organize monthly group activities and weekend camps for teens, young adults, and mentors, fostering a supportive environment during their transition to adulthood.
Official website here: www.ourhousemi.org
Who is the CEO of Our House?
Ed Goldman is the President of Our House.
Official website here: www.ourhousemi.org
What is the revenue of Our House?
Our House's revenue in 2022 was $567,387.
Official website here: www.ourhousemi.org
Who are the executives of Our House and what are their salaries?
The average compensation at Our House during 2022 was $19,755. There are 21 employees at Our House.
Here are 6 key members and their salaries:
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Official website here: www.ourhousemi.org
Where can I find the form 990 for Our House?
Our House's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ourhousemi.org
Learn more at the official website: www.ourhousemi.org
Mission Statement of Our House
Our House, a nonprofit organization, is dedicated to supporting teens and young adults in their transition from foster care. Its mission is centered around providing housing assistance to young adults aged 15 to 25 who have previously experienced foster care. The primary goal is to help these individuals achieve housing stability, enabling them to focus on their education, work, and the transition into adulthood.
In addition to housing support, Our House offers scholarships to foster alumni youth within the community. This initiative strengthens their housing stability and allows them to concentrate on their personal growth and development. Furthermore, Our House organizes monthly group activities and weekend camps for teens, young adults, and mentors, fostering a sense of community and offering opportunities for social interaction and personal growth.
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Impact
July, 2024
Our House's impact is significant in providing housing support and scholarships to young adults who have experienced foster care as teens. By offering housing stability and opportunities to focus on work, school, and transitioning to adulthood, Our House helps foster alumni youth in the community build a more secure future. Additionally, the organization's provision of group activities and weekend camps fosters a sense of community and support for teens, young adults, and mentors in Ypsilanti, MI.
This information is meant to be a general summary of Our House. 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: $325
- Program Service Revenue: $379,663
- Gross Receipts: $567,387
Assets and Liabilities:
- Total Assets: $76,180
- Total Liabilities: $28,671
- Net Assets: $47,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$379,663
Organization Details
Founding Year
2013
Phone
(734) 487-4429Principal Officer
Ed Goldman
Main Address
111 S WALLACE BLVD, YPSILANTI, MI, 48197
Website
www.ourhousemi.orgNTEE Category
Code: P80 - Human services
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