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Strive House Inc

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

EIN: 821179803 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Strive House Inc?

Strive House Inc is a nonprofit organization based in Cincinnati, Ohio, specifically at 2223 Kenton Street, 45206. Their primary mission is to provide group homes for girls aged between 13-18 who are at risk. They offer residential housing services for at-risk youth in the southern region, aiming to form partnerships with local children's services, job and family services, schools, and the juvenile court system. Throughout the year, they cater to over 1000 bed days, providing group home services that extend beyond shelter, focusing on the youth's education, personal skills development, and community reintegration through various activities. Strive House Inc employs a team of 17 individuals to fulfill their mission.

What are the reviews and ratings of this charity?

94% Rating from Charity Navigator

Strive House Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, based on its strong accountability and finance practices. The charity's overall score highlights its commitment to transparency and effective management, with a perfect score in multiple categories such as independent board membership and financial oversight. This level of accountability is indicative of a well-governed organization, providing donors and stakeholders confidence in its operations.

The organization excels in several key areas, including its 100% program expense ratio, indicating that all of its financial resources are directed towards its programs and services. There have been no reported material diversions of assets, and the existence of various policies, including conflict of interest and whistleblower protections, further strengthens its integrity. Additionally, the charity demonstrates a strong commitment to financial health, boasting a liabilities to assets ratio of 0.00%.

While the rating is impressive, potential donors may want to consider any specific programs or outcomes associated with Strive House Inc, as the summary primarily emphasizes financial metrics. Overall, the charity appears to be a responsible and effective organization, making it a solid candidate for philanthropic support.


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

Is Strive House Inc legitimate?

Strive House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strive House 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: $93,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $488,884

For more financial information, click here

What is the mission statement of Strive House Inc?

Strive House Inc, a non-profit agency, is dedicated to providing residential housing services for at-risk youth, primarily between the ages of 13 and 18. The organization forms partnerships with local children's services, jobs and family services, schools, and the juvenile court system to offer a supportive environment. The mission of Strive House Inc is to help these young individuals develop necessary skills and reintegrate them into the community at large, while ensuring over 1000 bed days of group home services per year. Additionally, the organization extends activities within the home to foster community involvement and education.

Who is the CEO of Strive House Inc?

Terri Gaither is the Executive Director of Strive House Inc.

What is the revenue of Strive House Inc?

Strive House Inc's revenue in 2022 was $661,277.

Who are the executives of Strive House Inc and what are their salaries?

The average compensation at Strive House Inc during 2022 was $34,244. There are 17 employees at Strive House Inc.


There is 1 key member and their salary:


Angela Allen (Executive Director)
  • Compensation: $93,267
  • Related: $0
  • Other: $0
Where can I find the form 990 for Strive House Inc?

Strive House Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Strive House Inc

Strive House Inc, a nonprofit agency, is dedicated to offering residential housing services for at-risk youth aged 13-18. Their mission is to form partnerships with local children's services, jobs and family services, schools, and the juvenile court system. Strive House Inc provides group homes that serve as safe havens for these vulnerable young individuals, offering them not only a place to stay but also assistance in education and personal skills development. The organization extends its services to include activities outside the home, helping the youth to reintegrate within the community at large. With over 1000 bed days for the group home provided in a year, Strive House Inc is committed to providing a supportive environment for at-risk youth, guiding them towards a brighter future.

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Impact




July, 2024

Strive House Inc's impact can be seen in the lives of young girls aged 13-18 who are at risk. By providing group homes for these girls in Cincinnati, Ohio, the organization has offered over 1000 bed days of support and guidance. Strive House Inc has not only provided a safe and stable living environment but has also assisted the youth in their education and personal skills development. Additionally, by organizing activities outside of the home, the organization has helped these girls reintegrate into the community at large. Strive House Inc's commitment to supporting at-risk youth aligns with its mission to provide residential housing services and form partnerships with various local agencies. Their focus on mental health reflects the importance they place on addressing the holistic needs of these young individuals.




This information is meant to be a general summary of Strive House 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.

Revenue
$661,277 (2022)
Expenses
$759,469 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $661,277
  • Gross Receipts: $661,277

Assets and Liabilities:

  • Total Assets: $29,208
  • Total Liabilities: $16,985
  • Net Assets: $12,223

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUE

Revenue

$661,277

Organization Details

Founding Year

2017

Principal Officer

Terri Gaither

Main Address

2223 KENTON STREET, CINCINNATI, OH, 45206

NTEE Category

Code: F33 - Mental health

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