Overview
What is The Pre-Hab Foundation?
The Pre-Hab Foundation is a charitable organization based in Mesa, Arizona, at 868 E University DR. Its primary mission is to collaborate with and strengthen the programs of its affiliated organization, A New Leaf, Inc. By soliciting and allocating financial support, The Pre-Hab Foundation aims to minimize the occupancy costs for A New Leaf, allowing them to invest more of their funds in their exempt purpose of providing shelters and counseling to individuals placed by government agencies. Essentially, The Pre-Hab Foundation facilitates and supports the initiatives of A New Leaf, Inc., contributing to their mission of offering essential services to those in need. The Pre-Hab Foundation operates with a team of 20 employees.
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%, Four-Star out of Four Star rating.
The Pre-Hab Foundation has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The organization scored exceptionally well in various categories, including having a fully independent board, effective financial oversight, and robust conflict of interest and whistleblower policies. This high score indicates that the foundation is well-managed and prioritizes ethical practices.
Financially, the foundation demonstrates a solid performance with a program expense ratio of 70.31%, indicating that a significant portion of its funds is allocated to its programs rather than administrative costs. Additionally, the low liabilities to assets ratio of 2.19% suggests a strong financial position, minimizing the risk of fiscal mismanagement.
While the data is overwhelmingly positive, it is essential for potential donors and stakeholders to continuously monitor the organization to ensure it maintains these high standards of accountability and performance. Overall, The Pre-Hab Foundation appears to be a reputable and financially responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Pre-Hab Foundation legitimate?
The Pre-Hab Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pre-Hab 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: $310,894
For more financial information, click here
What is the mission statement of The Pre-Hab Foundation?
The Pre-Hab Foundation facilitates and supports programs by allocating financial resources to an affiliated organization, New Leaf, Inc. This financial support primarily aims to minimize the occupancy costs of shelter facilities run by New Leaf, Inc. This cost reduction allows New Leaf, Inc. to allocate more of its funds towards its exempt purpose, which involves providing shelters and counseling to eligible individuals placed by government agencies. In essence, the Pre-Hab Foundation's mission is to strengthen and enhance the ability of New Leaf, Inc. to fulfill its mission of providing shelter and counseling services to those in need.
Who is the CEO of The Pre-Hab Foundation?
Michael T Hughes is the Principal Officer of The Pre-Hab Foundation. The CEO's salary of The Pre-Hab Foundation is $0 and their total compensation is $0.
What is the revenue of The Pre-Hab Foundation?
The Pre-Hab Foundation's revenue in 2022 was $2,874,397.
Who are the executives of The Pre-Hab Foundation and what are their salaries?
The average compensation at The Pre-Hab Foundation during 2022 was $15,545. There are 20 employees and 9 volunteers at The Pre-Hab Foundation.
Here are 14 key members and their salaries (The Pre-Hab Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for The Pre-Hab Foundation?
The Pre-Hab Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Pre-Hab Foundation
The Pre-Hab Foundation, a philanthropic organization, is dedicated to facilitating and supporting the programs of New Leaf, Inc., an affiliated exempt organization. Its primary mission is to minimize shelter costs for New Leaf, Inc. by soliciting and allocating financial support. This strategic move allows New Leaf, Inc. to spend more of its funds on its core purpose: providing shelter and counseling to eligible individuals placed by government agencies. By doing so, The Pre-Hab Foundation plays a crucial role in enabling New Leaf, Inc. to extend its services more effectively to those in need.
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Impact
June, 2024
The Pre-Hab Foundation's impact lies in its ability to facilitate and support programs of A New Leaf, Inc., particularly focused on providing shelter facilities and counseling to eligible individuals placed by government agencies. By soliciting and allocating financial support for shelter facilities, The Pre-Hab Foundation minimizes occupancy costs for A New Leaf, Inc., allowing the organization to allocate more funds towards its core mission of aiding individuals in need. This initiative ultimately contributes to the improvement of mental health services and support for vulnerable populations in Mesa, AZ.
This information is meant to be a general summary of The Pre-Hab 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: $604,440
- Program Service Revenue: $875,416
- Gross Receipts: $4,853,497
Assets and Liabilities:
- Total Assets: $9,109,564
- Total Liabilities: $257,610
- Net Assets: $8,851,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY RENTAL
Revenue
$875,416
Organization Details
Founding Year
1983
Phone
(480) 969-4024Principal Officer
Michael T Hughes
Main Address
868 E UNIVERSITY DR, MESA, AZ, 85203
NTEE Category
Code: F30I - Mental health
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