Overview
What is Credence Village Inc?
Credence Village Inc, located in Katy, Texas, is a compassionate nonprofit organization dedicated to offering temporary living arrangements for vulnerable and mistreated infants and children. Their mission is to establish a supportive community and provide a secure, nurturing environment for these children, fostering their emotional, physical, and social well-being. To achieve this goal, Credence Village offers comprehensive therapeutic services, aiming to boost their self-esteem and promote healing relationships. Additionally, they offer foster parent training to license potential caregivers, ensuring these children find loving homes. With a small team of just two dedicated individuals, Credence Village is committed to making a significant impact in the lives of these children in need.
Official website here: www.credencevillage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating.
Credence Village Inc has achieved a solid three-star rating, reflecting a strong commitment to accountability and financial health. The score is based entirely on their Accountability & Finance metrics, where they received a commendable 77%. A significant strength of the organization is its governance structure, featuring an entirely independent board, which showcases its commitment to transparency and effective oversight.
The organization has shown excellent financial management, with a program expense ratio of 80.79%, indicating that a substantial portion of its funds is directed towards its programs. Additionally, Credence Village maintains proper documentation practices, including board meeting minutes and a conflict of interest policy, which further supports its accountability.
However, it is important to note that the organization lacks a whistleblower policy, which is a critical component of nonprofit governance. This absence may raise concerns regarding the reporting of unethical practices or misconduct within the organization. Overall, while Credence Village Inc demonstrates a robust financial and governance framework, addressing the noted limitation could enhance its accountability even further.
This AI summary has been generated from information found on Charity Navigator.
Is Credence Village Inc legitimate?
Credence Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credence Village 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: $76,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,922
For more financial information, click here
Official website here: www.credencevillage.org
What is the mission statement of Credence Village Inc?
Credence Village Inc's mission is centered around creating a supportive community for abused and neglected children. Their primary goal is to establish a secure and nurturing environment for these children by providing high-quality therapeutic services. These services are designed to foster positive self-esteem and promote healing in their relationships. By doing so, Credence Village aims to contribute to the overall well-being of these children, addressing their physical, mental, social, and emotional needs. They also offer foster parent training, equipping potential parents with the necessary skills to provide a loving, supportive, and nurturing home environment for these children.
Official website here: www.credencevillage.org
Who is the CEO of Credence Village Inc?
Noelle Turner is the CEO of Credence Village Inc The CEO's salary of Credence Village Inc is $76,221 and their total compensation is $76,221.
Official website here: www.credencevillage.org
What is the revenue of Credence Village Inc?
Credence Village Inc's revenue in 2024 was $991,229.
Official website here: www.credencevillage.org
Who are the executives of Credence Village Inc and what are their salaries?
The average compensation at Credence Village Inc during 2024 was $31,191. There are 6 employees at Credence Village Inc.
Here are 3 key members and their salaries (Credence Village Inc's CEO's salary is $76,221 and their total compensation is $76,221):
- Compensation: $76,221
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.credencevillage.org
Where can I find the form 990 for Credence Village Inc?
Credence Village Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.credencevillage.org
Learn more at the official website: www.credencevillage.org
Mission Statement of Credence Village Inc
Credence Village Inc, a nonprofit organization, is committed to establishing a sense of community and creating a safe and nurturing home environment for abused and neglected children. Their mission is to accomplish this by delivering high-quality comprehensive therapeutic services. The objective is to foster positive self-esteem and promote relational healing in these children. Through their initiatives, Credence Village aims to provide these children with a loving, supportive, and nurturing home environment, ensuring they receive the necessary services to address their physical, mental, social, and emotional needs. The organization also offers foster parent training to licensed individuals, enabling them to provide a caring and loving home for these children in need.
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Impact
July, 2024
Credence Village Inc's impact is profound and far-reaching. The organization plays a crucial role in creating a sense of community and providing a safe and nurturing home environment for abused and neglected children. Through their comprehensive therapeutic services, they foster positive self-esteem and relational healing for the children in their care. Credence Village ensures that these vulnerable children receive the support they need to address their physical, mental, social, and emotional needs.
By offering temporary living arrangements for infants and children in need of a safe space, as well as providing foster parent training to license caregivers, Credence Village is instrumental in providing these children with loving and supportive homes. Their dedication to enhancing the well-being of abused and neglected children in Katy, Texas, reflects their mission to create a safe and nurturing environment where these children can heal and thrive.
In summary, Credence Village Inc's impact is deeply significant, as they work tirelessly to create a brighter future for those who have experienced trauma and neglect, ultimately helping to build stronger, healthier communities.
This information is meant to be a general summary of Credence Village 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 2024.
- Investment Income: $1,867
- Program Service Revenue: $887,167
- Gross Receipts: $991,229
Assets and Liabilities:
- Total Assets: $153,701
- Total Liabilities: $26,797
- Net Assets: $126,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Income
Revenue
$887,167
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
2018
Principal Officer
Noelle Turner
Website
www.credencevillage.orgNTEE Category
Code: P31 - Human services
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