Overview
What is Helping Others Soar Foundation?
Helping Others Soar Foundation is a California-based non-profit organization that functions as a supporting entity for Victor Treatment Centers, Inc. (VTC) and Victor Community Support Services (VCSS). Established to advance the charitable missions of these organizations, the foundation granted funds during the reporting period to various initiatives. These included a $500,000 investment in Child Haven, an affiliate of VCSS, for facility infrastructure improvements; $300,000 to VCSS to implement a new Human Capital Management system; $100,000 for redesigning human resources operations and culture development activities; and $50,000 for leadership development programs at VCSS. Additionally, educational grants were provided to support former clients of VTC and VCSS in pursuing higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
Helping Others Soar Foundation has received a Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The charity's overall score reflects a high level of transparency and good governance practices, with an impressive 90% in Accountability & Finance. The foundation excels in various metrics, including a fully independent board and robust conflict of interest and whistleblower policies.
However, the organization faces a limitation in its fundraising efficiency, scoring 0 out of 25 in that category. This suggests that while the foundation is managing its finances well, there may be room for improvement in how it raises funds. Despite this shortcoming, the overall financial health indicators, such as low liabilities to assets ratio and high program expense ratio, demonstrate that the charity is utilizing its resources effectively to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Helping Others Soar Foundation legitimate?
Helping Others Soar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helping Others Soar 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Helping Others Soar Foundation?
The Helping Others Soar Foundation functions as a supporting organization, channeling financial resources to Victor Treatment Centers, Inc. (VTC) and Victor Community Support Services (VCSS), both dedicated to advancing their charitable missions. The Foundation's primary objective is to aid these organizations in their endeavors through grant funding. During the reporting period, substantial grants were allocated to VTC and VCSS. $500,000 was granted for infrastructure improvements at Child Haven, an affiliate of VCSS. An additional $300,000 was provided for implementing a new Human Capital Management system. Further grants of $100,000 were given to redesign human resources operations and invest in culture development activities, and $50,000 was set aside for leadership development. Additionally, educational grants were extended to former clients of VTC and VCSS to support their pursuit of higher education.
Who is the CEO of Helping Others Soar Foundation?
Douglas Scott is the Chair/Ceo (See Sch J, Part Iii) of Helping Others Soar Foundation. The CEO's salary of Helping Others Soar Foundation is $0 and their total compensation is $515,392.
What is the revenue of Helping Others Soar Foundation?
Helping Others Soar Foundation's revenue in 2022 was $13,101,849.
Who are the executives of Helping Others Soar Foundation and what are their salaries?
Here are 6 key members and their salaries (Helping Others Soar Foundation's CEO's salary is $0 and their total compensation is $515,392):
- Compensation: $0
- Related: $427,147
- Other: $88,245
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $240,766
- Other: $60,171
Where can I find the form 990 for Helping Others Soar Foundation?
Helping Others Soar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Helping Others Soar Foundation
The Helping Others Soar Foundation is a California-based organization with a mission to support the charitable endeavors of Victor Treatment Centers, Inc. (VTC) and Victor Community Support Services (VCSS). In essence, Helping Others Soar Foundation serves as a benefactor, supplying essential finances for the advancement of VTC and VCSS's altruistic objectives.
The Foundation's philanthropic contributions are geared towards enhancing the facilities infrastructure of Child Haven, an affiliate of VCSS. Specifically, a $500,000 grant was allocated to this cause. Furthermore, the Foundation's grant disbursements encompassed the implementation of a new Human Capital Management system at VCSS, for which they received $300,000. Additionally, VCSS benefited from the Foundation's financial aid to redesign their human resources operations and invest in culture development activities, which totaled $100,000. The Foundation's commitment to leadership development was reflected in a $50,000 grant provided to VCSS for this purpose.
Moreover, Helping Others Soar Foundation extends its generosity to the educational pursuits of former clients of VTC and VCSS. By offering educational grants, the Foundation enables these individuals to enroll in higher education programs and continue their personal growth and development.
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Impact
October, 2024
Helping Others Soar Foundation significantly impacts the community by providing essential financial support to Victor Treatment Centers, Inc. and Victor Community Support Services. This support is directed toward advancing their missions in mental health and community service.
In a recent reporting period, the Foundation allocated substantial grants to enhance facilities and operations. Notably, $500,000 was designated for infrastructure improvements at Child Haven, ensuring a supportive environment for those in need. Additionally, the Foundation invested $300,000 in a new Human Capital Management system for Victor Community Support Services, optimizing their operational efficiency. Furthermore, $100,000 was directed toward redesigning human resources operations, focusing on organizational culture development, which is vital for fostering a supportive workplace. Another $50,000 was designated for leadership development activities, which equip staff with the skills needed to effectively support the community.
Furthermore, the Foundation actively supports educational aspirations by providing grants to former clients of Victor Treatment Centers and Victor Community Support Services, facilitating their enrollment in higher education programs. This holistic approach not only addresses immediate needs but also fosters long-term growth and empowerment among individuals in the community. Through these initiatives, Helping Others Soar Foundation plays a crucial role in enhancing mental health services and promoting educational opportunities.
This information is meant to be a general summary of Helping Others Soar 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 2022.
- Investment Income: $4,826,849
- Gross Receipts: $13,961,090
Assets and Liabilities:
- Total Assets: $54,411,868
- Total Liabilities: $35,029
- Net Assets: $54,376,839
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Organization Details
Founding Year
2018
Phone
(530) 893-0758Principal Officer
Douglas Scott
Main Address
1360 East Lassen Avenue, Chico, CA, 95973
NTEE Category
Code: F11 - Mental health
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