Overview
What is Therapeutic Living Services Inc?
Therapeutic Living Services Inc, located in Albuquerque, New Mexico, is a nonprofit organization dedicated to supporting adults dealing with mental illness. With a workforce of 75 individuals, they offer group homes and independent living programs, aiming to foster recovery and self-sufficiency. Their mission is to provide a safe and nurturing environment where individuals can regain their independence and improve their overall well-being. The organization's focus is on empowering its clients to lead fulfilling lives and contribute positively to their communities.
Official website here: www.tls-nm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Therapeutic Living Services Inc has received a favorable rating of 88% from Charity Navigator, indicating a solid commitment to accountability and financial management. The rating is based entirely on the organization's Accountability & Finance score, reflecting a strong governance structure with 100% independent board members and a well-managed audit and oversight process.
The organization excels in several areas, including a high program expense ratio of 72%, which suggests that a significant portion of its resources is allocated directly to its programs. Additionally, it has demonstrated effective governance practices by having comprehensive policies in place, although it is noted that a whistleblower policy is missing, which could be an area for improvement.
Overall, while Therapeutic Living Services Inc shows strong financial health and accountability, the absence of certain policies indicates potential gaps in operational transparency. Nevertheless, the organization's performance in key areas highlights its dedication to fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Therapeutic Living Services Inc legitimate?
Therapeutic Living Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Therapeutic Living Services 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: $107,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,021,985
For more financial information, click here
Official website here: www.tls-nm.org
What is the mission statement of Therapeutic Living Services Inc?
Therapeutic Living Services Inc is committed to offering housing and independent living programs for individuals who are recovering from mental illness. Their primary mission is to foster an environment that empowers these individuals to regain their independence and lead fulfilling lives. Through group homes, the organization provides a supportive living space where adults can receive the care and assistance they need to manage their mental health. By offering these programs, Therapeutic Living Services Inc aims to help individuals transition back into society and lead independent lives, thereby improving their overall quality of life.
Official website here: www.tls-nm.org
What is the revenue of Therapeutic Living Services Inc?
Therapeutic Living Services Inc's revenue in 2024 was $4,005,323.
Official website here: www.tls-nm.org
Who are the executives of Therapeutic Living Services Inc and what are their salaries?
The average compensation at Therapeutic Living Services Inc during 2024 was $28,395. There are 75 employees at Therapeutic Living Services Inc.
Here are 7 key members and their salaries:
- Compensation: $107,677
- Related: $0
- Other: $27,258
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tls-nm.org
Where can I find the form 990 for Therapeutic Living Services Inc?
Therapeutic Living Services Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.tls-nm.org
Learn more at the official website: www.tls-nm.org
Mission Statement of Therapeutic Living Services Inc
Therapeutic Living Services Inc is dedicated to offering housing and independent living programs for individuals who are in the process of recovering from mental illness. Their mission is centered around providing a supportive environment where these individuals can regain their independence and independence. Through their group homes, Therapeutic Living Services Inc offers housing and personal development programs aimed at helping adults with mental health issues to lead fulfilling lives. The organization's focus is on empowering individuals to manage their mental health and gain the skills necessary to live independently, thus contributing positively to society.
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Impact
July, 2024
Therapeutic Living Services Inc has a significant impact on the community by providing vital housing and independent living programs for adults recovering from mental illness in Albuquerque, NM. Their group homes offer a supportive environment where individuals can rebuild their lives and work towards mental wellness. Through their mission to empower those in recovery, they play a crucial role in promoting mental health and well-being in the community.
This information is meant to be a general summary of Therapeutic Living Services 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: $18,680
- Program Service Revenue: $3,360,546
- Gross Receipts: $4,005,323
Assets and Liabilities:
- Total Assets: $2,653,267
- Total Liabilities: $71,617
- Net Assets: $2,581,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Mental health services
Revenue
$3,338,792
Client fees
Revenue
$21,754
Organization Details
Founding Year
1978
Principal Officer
Tamne Robinson
Website
www.tls-nm.orgNTEE Category
Code: P73Z - Human services
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