Overview
What is Sherry & Tim Houses Of Hope Inc?
Sherry & Tim Houses of Hope Inc, a nonprofit based in Orange City, Florida, focuses on providing assistance to individuals who may face challenges in securing adequate housing due to circumstances such as homelessness, mental illness, poor credit, low income, and substance abuse. Their mission encompasses offering safe living quarters, supplemental food provisions, and aid in the application process for additional assistance in vital areas. Furthermore, the organization extends its support to cover the cost of prescription medication for individuals who would otherwise struggle to afford it. With a small team of three dedicated employees, Sherry & Tim Houses of Hope Inc strives to make a significant impact on the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
Sherry & Tim Houses Of Hope Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The organization scored 50%, primarily due to a lack of independent board members and missing essential governance policies. This low score highlights the need for improvements in transparency and governance structures within the nonprofit.
While the organization has reported no material diversion of assets and maintains a strong program expense ratio of 100%, the absence of independent oversight and critical policies such as conflict of interest, whistleblower, and document retention policies raises red flags. These missing elements suggest a potential vulnerability to mismanagement or ethical issues.
The absence of a website listed on their tax form and failure to post crucial documents, such as board meeting minutes and tax forms, further detracts from their accountability. Moving forward, Sherry & Tim Houses Of Hope Inc will need to address these governance deficiencies to enhance its credibility and trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sherry & Tim Houses Of Hope Inc legitimate?
Sherry & Tim Houses Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherry & Tim Houses Of Hope Inc 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: $21,000
For more financial information, click here
What is the mission statement of Sherry & Tim Houses Of Hope Inc?
Sherry & Tim Houses of Hope Inc's mission is centered around offering safe living accommodations for individuals who face challenges in securing housing due to various reasons such as homelessness, mental health issues, poor credit, low income, and substance abuse. The organization aims to provide additional aid in the form of supplementary food and prescription medication. Furthermore, they assist in navigating the application process for obtaining help in necessary areas.
Who is the CEO of Sherry & Tim Houses Of Hope Inc?
Sandra K Schatz is the Principal Officer of Sherry & Tim Houses Of Hope Inc. The CEO's salary of Sherry & Tim Houses Of Hope Inc is $2,400 and their total compensation is $2,400.
What is the revenue of Sherry & Tim Houses Of Hope Inc?
Sherry & Tim Houses Of Hope Inc's revenue in 2022 was $42,710.
Who are the executives of Sherry & Tim Houses Of Hope Inc and what are their salaries?
The average compensation at Sherry & Tim Houses Of Hope Inc during 2022 was $7,000. There are 3 employees and 7 volunteers at Sherry & Tim Houses Of Hope Inc.
Here are 8 key members and their salaries (Sherry & Tim Houses Of Hope Inc's CEO's salary is $2,400 and their total compensation is $2,400):
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,044
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sherry & Tim Houses Of Hope Inc?
Sherry & Tim Houses Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sherry & Tim Houses Of Hope Inc
Sherry & Tim Houses of Hope Inc is a nonprofit organization with a mission to offer safe living quarters for individuals who may face challenges in securing housing due to various factors, such as homelessness, mental illness, poor credit, low income, and drug abuse. The organization's goal is multifaceted, aiming to provide not only a safe place to live but also supplementary food and assistance with obtaining necessary prescriptions. Furthermore, Sherry & Tim Houses of Hope Inc offers support in navigating the application process for various aid programs to help individuals in their journey towards stability. By providing these services, the organization aims to make a positive impact on the lives of those considered hard-to-place, offering them a chance to rebuild and regain their footing in society.
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Impact
August, 2024
Sherry & Tim Houses Of Hope Inc's impact is profound in the community of Orange City, FL. They provide safe living quarters for individuals facing various challenges such as homelessness, mental illness, bad credit, low income, and drug abuse. Additionally, they offer assistance with supplemental food, prescription medication, and guidance through the application process for crucial services. This organization plays a critical role in supporting individuals who are often hard-to-place, ensuring they have access to essential resources and a secure place to call home. Their work in human services significantly improves the lives of those in need within the community.
This information is meant to be a general summary of Sherry & Tim Houses Of Hope Inc. 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.
- Gross Receipts: $42,710
Assets and Liabilities:
- Total Assets: $1,551
- Total Liabilities: $0
- Net Assets: $1,551
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Organization Details
Founding Year
2016
Phone
(386) 956-7663Principal Officer
Sandra K Schatz
Main Address
564 Lancaster Ave, Orange City, FL, 32763
NTEE Category
Code: P85 - Human services
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