Overview
What is It Takes A Village (Itav) Inc?
It Takes A Village (Itav) Inc, situated in Wichita, Kansas, is a nonprofit organization dedicated to supporting at-risk youth. Their primary goal is to provide a secure, stable, and nurturing environment for these individuals, with the ultimate aim of helping them achieve independent living. Itav Inc offers homes to foster care children aged between 16 and 23, who are currently in the foster care system in Wichita. The organization provides these young adults with essential education and resources to enable them to live independently. Typically, an individual stays with Itav Inc for a period ranging from six to twelve months. The nonprofit is managed by a team of 18 dedicated individuals.
Official website here: www.itavtransitionalhomes.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars, 61%
It Takes A Village Inc has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 61%. This rating indicates that while the organization has some strong governance elements, it struggles with transparency in its financial reporting. A notable strength is its independent board structure, achieving full marks for board independence and size, which reflects good governance practices.
However, the organization has significant weaknesses in financial transparency, scoring zero points on the financial statements and tax forms posted on its website. This lack of accessible financial information can raise concerns among potential donors about the organization's accountability and financial health. Additionally, the liabilities to assets ratio also scored poorly, suggesting potential financial challenges that could affect operations.
Despite these limitations, It Takes A Village Inc demonstrates a commitment to good governance through effective policies, such as conflict of interest and whistleblower protections. Addressing the financial reporting issues could enhance the organization’s credibility and help build trust with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is It Takes A Village (Itav) Inc legitimate?
It Takes A Village (Itav) Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. It Takes A Village (Itav) 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: $125,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $542,886
For more financial information, click here
Official website here: www.itavtransitionalhomes.net
What is the mission statement of It Takes A Village (Itav) Inc?
It Takes A Village (Itav) Inc's mission is to provide at-risk youth with a structured, stable, secure, and nurturing environment with the goal of transitioning them towards independent living. The organization aims to equip these individuals with the necessary education and resources, enabling them to lead self-sufficient lives. Itav Inc offers homes for foster care children between the ages of 16 and 23, who are currently in the foster care system. The average stay for an individual is between six and twelve months, during which they are provided with the tools required to live independently.
Official website here: www.itavtransitionalhomes.net
Who is the CEO of It Takes A Village (Itav) Inc?
William T Atwater is the Secretary of It Takes A Village (Itav) Inc.
Official website here: www.itavtransitionalhomes.net
What is the revenue of It Takes A Village (Itav) Inc?
It Takes A Village (Itav) Inc's revenue in 2022 was $758,520.
Official website here: www.itavtransitionalhomes.net
Who are the executives of It Takes A Village (Itav) Inc and what are their salaries?
The average compensation at It Takes A Village (Itav) Inc during 2022 was $37,115. There are 18 employees at It Takes A Village (Itav) Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $125,192
- Related: $0
- Other: $0
Official website here: www.itavtransitionalhomes.net
Where can I find the form 990 for It Takes A Village (Itav) Inc?
It Takes A Village (Itav) Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.itavtransitionalhomes.net
Learn more at the official website: www.itavtransitionalhomes.net
Mission Statement of It Takes A Village (Itav) Inc
It Takes A Village (Itav) Inc is dedicated to providing at-risk youth with a structured, stable, secure, and nurturing environment. Their mission is to help these young individuals transition towards independent living. By offering a home to between three and four foster care children aged between 16 and 23 who are currently in the foster care system in Wichita, Itav provides them with the necessary education and resources to live independently. Typically, a young person stays with Itav for a period of six to twelve months.
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Impact
July, 2024
It Takes A Village (Itav) Inc's impact is significant in providing at-risk youth with a structured, stable, secure, and nurturing environment with the goal of transitioning them to independent living. This organization offers homes for three to four foster care children aged 16 to 23 who are currently in the foster care system in Wichita, Kansas. Their program aims to equip these individuals with the necessary education and resources to live on their own. On average, individuals stay in the program for six to twelve months. The organization's mission is focused on youth development, emphasizing the importance of providing a supportive environment for vulnerable young people to achieve independence.
This information is meant to be a general summary of It Takes A Village (Itav) 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.
- Investment Income: $51
- Program Service Revenue: $727,318
- Gross Receipts: $758,520
Assets and Liabilities:
- Total Assets: $27,982
- Total Liabilities: $532,701
- Net Assets: -$504,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROVIDING HOUSING FOR
Revenue
$727,318
Organization Details
Founding Year
2017
Phone
(316) 371-4691Principal Officer
William T Atwater
Main Address
2358 N RIDGEWOOD CT, WICHITA, KS, 67220
NTEE Category
Code: O50 - Youth development
If you are a representative of It Takes A Village (Itav) Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.