Overview
What is Interfaith Hospitality Network Of Colorado Springs?
Interfaith Hospitality Network of Colorado Springs is a nonprofit organization dedicated to alleviating homelessness within the community. Based in Colorado Springs, Colorado, they establish partnerships with local congregations and resources to offer shelter, meals, and comprehensive assistance to families in need. Their mission is to support these families as they strive towards self-sufficiency. Their recent efforts have expanded to prevent homelessness in families with children. With a team of 30 employees, they provide a safety net and essential resources, helping families navigate through challenging times and work towards a brighter future.
Official website here: www.ihn-cos.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%
Interfaith Hospitality Network of Colorado Springs holds an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization demonstrates an exceptional commitment to transparency, with a 100% independent board and strong policies in place, including conflict of interest and whistleblower protections. The program expense ratio stands at an impressive 86.46%, indicating that a significant portion of its funding is directed towards its mission.
The network has achieved a remarkable 87% success rate in moving families into permanent sustainable housing, underscoring its effectiveness in addressing homelessness. Additionally, the organization excels in gathering and utilizing constituent feedback, scoring a perfect 100 across various metrics, which suggests that it actively engages with the community it serves and adapts its strategies based on this input.
However, while the organization has a strong overall performance, its equity strategies score is slightly lower at 79 out of 100, indicating there may be room for improvement in promoting equity within its programs. Overall, Interfaith Hospitality Network of Colorado Springs is a well-run nonprofit with a solid reputation and a proven track record in supporting families in need.
This AI summary has been generated from information found on Charity Navigator.
Is Interfaith Hospitality Network Of Colorado Springs legitimate?
Interfaith Hospitality Network Of Colorado Springs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interfaith Hospitality Network Of Colorado Springs 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: $23,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,462
For more financial information, click here
Official website here: www.ihn-cos.org
What is the mission statement of Interfaith Hospitality Network Of Colorado Springs?
The Interfaith Hospitality Network of Colorado Springs' mission is centered around providing aid to families who are currently dealing with housing instability. This network, comprising congregations and community resources, offers shelter, meals, and comprehensive assistance to these families. The ultimate goal is to empower them towards self-sufficiency. Recently, the organization has expanded its services to also prevent homelessness for families with children.
Official website here: www.ihn-cos.org
What is the revenue of Interfaith Hospitality Network Of Colorado Springs?
Interfaith Hospitality Network Of Colorado Springs's revenue in 2023 was $458,149.
Official website here: www.ihn-cos.org
Who are the executives of Interfaith Hospitality Network Of Colorado Springs and what are their salaries?
The average compensation at Interfaith Hospitality Network Of Colorado Springs during 2023 was $8,751. There are 19 employees and 605 volunteers at Interfaith Hospitality Network Of Colorado Springs.
Here are 10 key members and their salaries:
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- Compensation: $51,043
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Official website here: www.ihn-cos.org
Where can I find the form 990 for Interfaith Hospitality Network Of Colorado Springs?
Interfaith Hospitality Network Of Colorado Springs's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ihn-cos.org
Learn more at the official website: www.ihn-cos.org
Mission Statement of Interfaith Hospitality Network Of Colorado Springs
Interfaith Hospitality Network of Colorado Springs is committed to providing assistance to families who are currently experiencing housing instability. Their mission is to establish a supportive network of congregations and community resources that offer shelter, meals, and comprehensive aid to these families. This network aims to empower these families to become self-sufficient and overcome their homelessness. Recently, the organization has expanded its efforts to prevent homelessness within families with children, demonstrating its dedication to addressing this pressing issue from various angles.
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Impact
July, 2024
Interfaith Hospitality Network Of Colorado Springs has a significant impact on the community by providing crucial assistance to homeless families in the area. Through their established network of congregations and community resources, they offer shelter, meals, and comprehensive support to families in need. Their focus on empowering these families to become self-sufficient is evident through recent program expansions aimed at preventing homelessness for families with children. This organization plays a vital role in addressing housing instability and making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Interfaith Hospitality Network Of Colorado Springs. 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: $704
- Program Service Revenue: $4,211
- Gross Receipts: $459,988
Assets and Liabilities:
- Total Assets: $368,555
- Total Liabilities: $8,754
- Net Assets: $359,801
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Transitional Housing
Revenue
$4,211
Organization Details
Founding Year
1996
Principal Officer
Judith Owsley
Website
www.ihn-cos.orgNTEE Category
Code: P85 - Human services
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