Overview
What is First Zion Homes?
First Zion Homes is a dedicated nonprofit organization situated in Lynwood, Illinois, specifically at 2601 Surf CT, ZIP code 60411. Their primary mission is to support individuals with developmental disabilities, ensuring they have access to safe and friendly residential facilities, high-quality care, and services. These offerings aim to help these individuals reach their full potential and live fulfilling lives within society. With a team of 13 dedicated employees, First Zion Homes strives to create an environment where those with developmental disabilities can thrive and enjoy a good quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)
First Zion Homes has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and finance practices, there are significant areas requiring improvement. The organization scores 100% for accountability, reflecting solid governance with an independent board and no material diversion of assets reported. However, several key policies and disclosures are missing or inadequate, including a conflict of interest policy and website disclosures, which detracts from overall transparency.
In terms of financial metrics, the organization performs well on program expenses, with an impressive ratio of 85.63%, indicating that a significant portion of funds is directed towards its mission-driven activities. However, the liabilities to assets ratio is concerning at 106.51%, suggesting potential financial instability or reliance on debt. This imbalance may raise questions about the organization's sustainability and capacity to fulfill its mission over the long term.
Overall, while First Zion Homes displays commendable accountability and a strong focus on programs, the lack of essential policies and transparency measures indicates a need for improvement in governance practices. Addressing these deficiencies could enhance trust and support from stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is First Zion Homes legitimate?
First Zion Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Zion Homes 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: $248,285
For more financial information, click here
What is the mission statement of First Zion Homes?
First Zion Homes is dedicated to offering residential facilities, high-quality care, and necessary services to individuals with developmental disabilities. The organization's mission is to help these individuals reach their full potential and live fulfilling lives in society, ensuring their safety and well-being in a friendly environment. The aim is to provide a setting that caters to their unique needs, enabling them to lead a high-quality life within the community.
Who is the CEO of First Zion Homes?
Basirat Oyebiyi is the Director of First Zion Homes.
What is the revenue of First Zion Homes?
First Zion Homes's revenue in 2022 was $665,573.
Who are the executives of First Zion Homes and what are their salaries?
The average compensation at First Zion Homes during 2022 was $19,099. There are 13 employees at First Zion Homes.
Here are 6 key members and their salaries:
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Where can I find the form 990 for First Zion Homes?
First Zion Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First Zion Homes
First Zion Homes is dedicated to offering a conducive living environment, top-notch care, and necessary services to individuals living with developmental disabilities. Their commitment is to help these individuals realize their full potential and live fulfilling lives within society. By providing residential facilities that are safe and welcoming, First Zion Homes strives to create an environment where these individuals can thrive and contribute positively to society. Their mission is geared towards empowering these individuals to live a quality life, ensuring they are well-cared for and supported.
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Impact
July, 2024
First Zion Homes has a profound impact on individuals with developmental disabilities by providing them with residential facilities, quality care, and services that help them reach their full potential and lead a high-quality life in society. By offering a safe and friendly environment in Lynwood, IL, First Zion Homes contributes to enhancing the well-being and quality of life of individuals with developmental disabilities. Their commitment to serving this community plays a crucial role in promoting health and ensuring a supportive living environment for those in need.
This information is meant to be a general summary of First Zion Homes. 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: $665,573
Assets and Liabilities:
- Total Assets: $155,150
- Total Liabilities: $165,264
- Net Assets: -$10,114
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Organization Details
Founding Year
2019
Principal Officer
Basirat Oyebiyi
Main Address
2601 SURF CT, LYNWOOD, IL, 60411
NTEE Category
Code: E91 - Health
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