Overview
What is Home Again Foundation?
Home Again Foundation is a compassionate nonprofit organization situated in Matthews, North Carolina. Their primary mission is to alleviate homelessness by providing essential financial support. This mission is carried out through public assistance efforts, aiming to construct and maintain homes for individuals who lack adequate shelter. The foundation relies on fundraising to fulfill its exempt purpose and continues its operations within the Matthews community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
The Home Again Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of only 10%, the foundation has been noted for lacking independent board members, which can raise questions about governance and oversight. Additionally, the absence of key policies such as conflict of interest, whistleblower, and document retention policies further highlight potential weaknesses in its operational framework.
Financially, the foundation has a liabilities to assets ratio of 47.95%, suggesting a reliance on debt that may impact its stability. Furthermore, only 23.71% of its expenses are allocated to program activities, raising concerns about the effectiveness of its resource allocation. The organization also fell short in meeting transparency standards, as vital documents and financial reports are not posted on its website as required.
Overall, the Home Again Foundation's lack of independence in board membership, poor financial ratios, and absence of fundamental policies limit its effectiveness and transparency, which are crucial for building trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Home Again Foundation legitimate?
Home Again Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Again Foundation 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: $56,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Home Again Foundation?
The Home Again Foundation is dedicated to its mission of assisting homeless individuals. This non-profit organization raises funds to support its cause, with the ultimate goal of providing homes for those in need. The foundation's efforts aim to provide a vital service, contributing to a more compassionate and inclusive society. By focusing on its exempt purpose, the Home Again Foundation seeks to make a significant impact in the lives of the homeless, offering them a chance at a stable living environment.
What is the revenue of Home Again Foundation?
Home Again Foundation's revenue in 2023 was $169,008.
Who are the executives of Home Again Foundation and what are their salaries?
The average compensation at Home Again Foundation during 2023 was $56,616. There is 1 employee at Home Again Foundation.
There is 1 key member and their salary:
- Compensation: $56,616
- Related: $0
- Other: $0
Where can I find the form 990 for Home Again Foundation?
Home Again Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Home Again Foundation
The Home Again Foundation is a dedicated organization with a mission to provide homes for individuals who are currently homeless. This nonprofit raises funds to support its exempt purpose, working tirelessly to address the housing needs of those in need. By committing to this mission, the Home Again Foundation aims to make a significant impact in the lives of those who are homeless, offering them a chance at a stable and secure living situation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Home Again Foundation plays a significant role in addressing homelessness by actively providing homes for individuals in need. Through its fundraising efforts, the foundation raises essential funds to support its mission of creating stable living environments for those experiencing homelessness. Located in Matthews, NC, Home Again Foundation is dedicated to making a tangible difference in the lives of vulnerable populations, fostering a sense of community and belonging among those it serves. The impact of its work not only helps to alleviate immediate housing crises but also contributes to the long-term well-being of individuals by offering them the foundation necessary to rebuild their lives.
This information is meant to be a general summary of Home Again Foundation. 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 2023.
- Investment Income: $76
- Gross Receipts: $169,008
Assets and Liabilities:
- Total Assets: $1,633,198
- Total Liabilities: $753,596
- Net Assets: $879,602
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Principal Officer
Rick Gilbert
NTEE Category
Code: L00 - Housing
If you are a representative of Home Again Foundation 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.