Overview
What is Promise Rose Residential Care Home Inc?
Promise Rose Residential Care Home Inc is a nonprofit organization situated in Houston, Texas, with the postal address 9035 Comal St. This organization is dedicated to extending immediate assistance to children and families in need. Their primary mission involves providing crucial support to these vulnerable individuals, ensuring they receive the necessary care and resources. With a workforce of 56 employees, they strive to make a significant impact in their community. The exact nature of the support they offer, such as services or programs, is not specified in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Promise Rose Residential Care Home Inc has received a low rating of 54%, reflecting significant concerns in its accountability and financial transparency. The organization scores well in areas such as having a fully independent board and a strong program expense ratio, indicating that a substantial portion of its budget is allocated to its core mission. However, critical issues arise due to the lack of financial statements and necessary policies regarding conflicts of interest, whistleblower protections, and document retention.
While the charity demonstrates a commitment to governance with 100% independent board members and the documentation of board meeting minutes, the absence of a publicly accessible website, as well as missing financial disclosures, raises questions about transparency and accessibility for stakeholders. Moreover, the liabilities to assets ratio suggests potential financial challenges that warrant scrutiny.
Overall, while Promise Rose Residential Care Home Inc shows promise in its operational governance aspects, the significant gaps in financial reporting and policy implementation hinder its overall effectiveness and trustworthiness. These limitations may impact potential donors and supporters who prioritize accountability and transparency in their charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Promise Rose Residential Care Home Inc legitimate?
Promise Rose Residential Care Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Rose Residential Care Home 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: $170,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $761,950
For more financial information, click here
What is the mission statement of Promise Rose Residential Care Home Inc?
Promise Rose Residential Care Home Inc is an organization dedicated to providing immediate support to children and families in need. Its mission is to offer assistance in a timely manner, aiming to make a positive impact on the lives of these individuals. The organization's activities are geared towards offering aid and resources to these families, striving to improve their overall well-being. While specific details about the nature of the support and interventions provided by Promise Rose Residential Care Home Inc are not provided, it can be inferred that they aim to offer prompt and effective assistance to those in need.
Who is the CEO of Promise Rose Residential Care Home Inc?
Kent Davis is the President of Promise Rose Residential Care Home Inc.
What is the revenue of Promise Rose Residential Care Home Inc?
Promise Rose Residential Care Home Inc's revenue in 2022 was $1,192,262.
Who are the executives of Promise Rose Residential Care Home Inc and what are their salaries?
The average compensation at Promise Rose Residential Care Home Inc during 2022 was $16,650. There are 56 employees at Promise Rose Residential Care Home Inc.
Here are 4 key members and their salaries:
- Compensation: $87,511
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $82,955
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Promise Rose Residential Care Home Inc?
Promise Rose Residential Care Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Promise Rose Residential Care Home Inc
Promise Rose Residential Care Home Inc is an organization dedicated to providing immediate assistance to children and families in need. Its mission is centered around offering support to these vulnerable individuals, ensuring they receive the help they require during challenging times. This mission is carried out by providing crucial aid when it is most urgently needed.
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Impact
July, 2024
Promise Rose Residential Care Home Inc has a significant impact on the Houston community by providing immediate support to children and families in need. Through its residential care home services, Promise Rose offers a safe and nurturing environment for those facing challenging circumstances. By addressing the housing needs of vulnerable populations, Promise Rose contributes to the well-being and stability of individuals and families, ultimately helping to build a stronger and more resilient community.
This information is meant to be a general summary of Promise Rose Residential Care Home 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: $5
- Program Service Revenue: $1,192,257
- Gross Receipts: $1,192,262
Assets and Liabilities:
- Total Assets: $408,444
- Total Liabilities: $264,016
- Net Assets: $144,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REV CHILD & FAMILY
Revenue
$625,950
REV TITLEIV-E
Revenue
$505,973
TEXAS CENTER
Revenue
$60,000
Organization Details
Founding Year
2017
Phone
(832) 301-4065Principal Officer
Kent Davis
Main Address
9035 COMAL ST, HOUSTON, TX, 770512319
NTEE Category
Code: L40 - Housing
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