Overview
What is Direction613?
Direction613 is a nonprofit organization located in McKinney, Texas, specifically at 3286 CR 168. Its primary mission is to support youth transitioning out of foster care, aiming to help them thrive as adults. During the recent fiscal year, they accomplished various milestones, such as opening a new home for girls, expanding their staff, and acquiring a 5-acre property with a house and barn for their office. They also provided housing and assistance to numerous youth, enrolled them in educational programs, and offered life skills training. Moreover, Direction613 has a strong focus on spiritual growth, with most of their residents regularly attending local churches. Their dedication to this cause is evident in their impressive achievement rates, with over 85% of classes passed by clients and 100% of residents attending church.
Official website here: www.direction613.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating.
Direction613 has received a Two-Star rating from Charity Navigator, indicating some concerns in accountability and finance, despite earning a decent score of 74%. The rating reflects a strong emphasis on governance, with an entirely independent board and well-documented policies in place. The organization excels in areas such as having a conflict of interest policy and a whistleblower policy, which contribute to its transparency and ethical operations.
However, the nonprofit's financial statements were not available, which significantly impacted its overall rating and limited its financial accountability assessment. Additionally, while the program expense ratio is relatively strong at 64.77%, indicating that a substantial portion of expenses goes towards its programs, the absence of financial documentation raises questions about its fiscal management.
In summary, Direction613 demonstrates commendable governance practices but faces challenges in financial transparency, which potential donors and stakeholders should consider. Improving access to financial statements could enhance its credibility and trustworthiness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Direction613 legitimate?
Direction613 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Direction613 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: $106,511
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,973
For more financial information, click here
Official website here: www.direction613.org
What is the mission statement of Direction613?
Direction613, an organization dedicated to helping aging out foster youth, aims to demonstrate the love of Christ to these individuals. Through its mission, Direction613 offers housing, life skills training, educational placement assistance, and spiritual formation through discipleship. During the fiscal year ending October 21, 2022, the organization achieved several milestones, including opening a new home for girls, hiring additional staff, and providing housing and assistance to numerous youth transitioning out of foster care. Direction613 also focuses on enrolling clients in educational programs, securing vehicles, and offering life skills training, with a strong emphasis on spiritual growth, as evidenced by the high attendance rates at local churches.
Official website here: www.direction613.org
Who is the CEO of Direction613?
Myron Wilson is the Executive Director of Direction613.
Official website here: www.direction613.org
What is the revenue of Direction613?
Direction613's revenue in 2022 was $731,003.
Official website here: www.direction613.org
Who are the executives of Direction613 and what are their salaries?
The average compensation at Direction613 during 2022 was $26,044. There are 11 employees and 250 volunteers at Direction613.
Here are 7 key members and their salaries:
- Compensation: $49,812
- Related: $0
- Other: $56,032
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.direction613.org
Where can I find the form 990 for Direction613?
Direction613's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.direction613.org
Learn more at the official website: www.direction613.org
Mission Statement of Direction613
Direction613, a nonprofit organization, is committed to demonstrating Christ's love towards youth who are transitioning out of foster care. Their mission is threefold: to provide housing, offer life skills training, and facilitate educational placement and assistance, all while promoting spiritual formation through discipleship.
The organization's primary goal is to help these youth thrive as adults. To achieve this, Direction613 opened a new home for girls, hired additional house parents, and expanded the roles of some staff members, ensuring a more comprehensive support system. They also acquired a 5-acre property with a home and barn, which now serves as their office location. This expansion allows Direction613 to accommodate more youth in need.
In addition to providing housing, Direction613 assists in securing education opportunities for these young adults. During the fiscal year, 95% of their clients were enrolled in an education program. The organization also goes beyond basic needs, helping youth obtain essential documents like birth certificates and social security cards. Furthermore, they support the spiritual growth of their residents, with 100% of them attending local churches regularly and 85% of classes being passed by all clients.
In summary, Direction613's mission is to offer a holistic approach to supporting youth who are aging out of foster care. By providing housing, life skills training, educational assistance, and spiritual formation, the organization aims to empower these young adults to thrive as they navigate their transition into adulthood.
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Impact
July, 2024
Direction613's impact can be seen through its tangible outcomes and initiatives that directly benefit aging out foster youth. Some of the key accomplishments include opening a new home for girls, hiring additional staff to provide support, acquiring a property to serve as an office location, providing housing for youth transitioning out of foster care, securing vehicles for youth in transition, and enrolling clients in educational programs.
Additionally, Direction613 has made significant efforts to ensure the holistic well-being of the youth they serve by offering life skills training, assisting with obtaining essential documents like birth certificates and social security cards, and promoting spiritual development through regular church attendance and discipleship opportunities.
Overall, Direction613's mission to show Christ's love to youth aging out of foster care is being realized through their hands-on approach to providing housing, support services, education, and spiritual guidance to help these individuals thrive as adults.
This information is meant to be a general summary of Direction613. 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: $6,000
- Program Service Revenue: $1,789
- Gross Receipts: $792,316
Assets and Liabilities:
- Total Assets: $1,610,725
- Total Liabilities: $782,349
- Net Assets: $828,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Foster Care Placement fee
Revenue
$1,189
Houseparent rental fee
Revenue
$600
Organization Details
Founding Year
2015
Phone
(214) 544-9055Principal Officer
Myron Wilson
Main Address
3286 CR 168, McKinney, TX, 75071
Website
www.direction613.orgNTEE Category
Code: L25 - Housing
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