Overview
What is Family Homestead?
Family Homestead is a nonprofit organization situated in Denver, Colorado. Their primary focus is on providing emergency and transitional housing for homeless families with children. Through their dedicated services, they offer housing support and case management, aiming to assist these families in overcoming their challenges and securing a stable future. With a team of seven dedicated individuals, Family Homestead strives to make a positive impact in the lives of those in need, ensuring they receive the necessary support and resources to regain their footing and build a brighter future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star Rating
Family Homestead has achieved a commendable score of 91%, reflecting its effective operations and commitment to its mission. This Four-Star rating indicates a strong performance, particularly highlighted by its perfect score of 100 in Impact & Measurement, showcasing the organization's dedication to measuring its outcomes and effectiveness. Additionally, the program expense ratio of 91.47% further demonstrates that a significant portion of its funds is directed toward its programs.
The organization has also scored well in Accountability & Finance with a score of 79, indicating responsible financial practices. The strong financial metrics, such as a low liabilities to assets ratio of 12.04% and high marks in policies like Conflict of Interest and Whistleblower protections, suggest that Family Homestead maintains a high level of transparency and governance.
While Family Homestead excels in many areas, its Accountability & Finance score shows room for improvement. Strengthening this aspect could enhance overall trust and support from donors and the community. Nevertheless, the impressive Impact & Measurement score reflects the effectiveness of its programs, particularly in providing emergency shelter, which serves its mission well.
This AI summary has been generated from information found on Charity Navigator.
Is Family Homestead legitimate?
Family Homestead is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Homestead 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: $57,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,792
For more financial information, click here
What is the mission statement of Family Homestead?
Family Homestead's mission is centered around providing housing and case management support for homeless families with children. Their primary goal is to offer emergency and transitional housing facilities to these families in need. The organization aims to assist these families in regaining stability and independence, thereby improving their overall living conditions. They focus on providing comprehensive support, addressing both the immediate housing needs and the long-term challenges faced by these families. Their efforts are geared towards helping these families transition back into a stable living situation, ensuring a better future for both the children and their parents.
Who is the CEO of Family Homestead?
Leslie Jones is the Executive Dir. of Family Homestead.
What is the revenue of Family Homestead?
Family Homestead's revenue in 2022 was $507,538.
Who are the executives of Family Homestead and what are their salaries?
The average compensation at Family Homestead during 2022 was $43,981. There are 7 employees at Family Homestead.
Here are 11 key members and their salaries:
- Compensation: $57,072
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- Other: $0
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Where can I find the form 990 for Family Homestead?
Family Homestead's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Family Homestead
Family Homestead, a nonprofit organization, is committed to providing housing and case management support for homeless families with children. Their mission is centered around offering emergency and transitional housing programs, aiming to provide a safe and stable environment for these families in need. By offering these services, Family Homestead aims to help these families overcome their homelessness and work towards a more stable future. The organization's goal is to provide holistic support, addressing not only the immediate need for housing but also offering case management services to help families navigate various challenges and work towards long-term solutions.
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Impact
July, 2024
Family Homestead's impact can be seen in the lives of homeless families with children in Denver, Colorado. By providing housing and case management support, they are helping these families find stability and security during difficult times. Their emergency and transitional housing program offers a lifeline to those in need, ensuring that families have a safe place to stay while they work towards a brighter future. Family Homestead's mission to support homeless families aligns with their commitment to addressing the housing crisis and ensuring that every family has a place to call home.
This information is meant to be a general summary of Family Homestead. 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: $6,941
- Program Service Revenue: $188,726
- Gross Receipts: $507,538
Assets and Liabilities:
- Total Assets: $3,489,033
- Total Liabilities: $420,083
- Net Assets: $3,068,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL PROGRAM
Revenue
$188,726
Organization Details
Founding Year
1978
Phone
(303) 623-6514Principal Officer
Leslie Jones
Main Address
PO BOX 40186, DENVER, CO, 80204
NTEE Category
Code: L41 - Housing
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