Overview
What is Sponsors Inc?
Sponsors Inc, located in Eugene, Oregon, is a nonprofit organization committed to supporting the reintegration of individuals with conviction histories. Guided by values of dignity, empowerment, and community, Sponsors aims to reduce homelessness and recidivism while improving community well-being and individual success. They offer transitional, long-term, and permanent supportive housing to approximately 600 individuals annually, and their evidence-based support programs extend to over 1,500 residents of Lane County annually, including employment assistance, behavioral health services, and mentorship. Sponsors collaborates with system partners, treatment providers, housing agencies, and policy reformers to provide person-centered services that cater to the unique needs and goals of individuals and communities.
Official website here: www.sponsorsinc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% - Four-Star out of Four Star rating.
Sponsors Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score is derived solely from accountability and finance metrics, reflecting the organization's strong governance practices and financial transparency. Notably, Sponsors Inc has a fully independent board, with 100% of its members meeting independence criteria, enhancing the trustworthiness of its oversight.
The nonprofit excels in various financial metrics, including a remarkable program expense ratio of 90.01%, which signifies that the vast majority of its funds are directly invested in its programs. Additionally, the fundraising efficiency ratio is commendable at $0.01, showing an effective use of resources in fundraising efforts. The organization also maintains a healthy working capital ratio of 3.87 years, indicating its stability and ability to meet future obligations.
Overall, the data reflects a well-managed organization with strong policies in place, such as a conflict of interest policy and whistleblower protections. There are no noted limitations, positioning Sponsors Inc as a reliable choice for potential donors looking to make an impact through their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Sponsors Inc legitimate?
Sponsors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sponsors 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: $141,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,551,074
For more financial information, click here
Official website here: www.sponsorsinc.org
What is the mission statement of Sponsors Inc?
Sponsors Inc, an organization dedicated to transforming lives and strengthening communities, provides life-changing opportunities for individuals with conviction histories. Their mission is to reduce homelessness and recidivism while improving community well-being and individual success. Guided by the values of dignity, empowerment, and community, Sponsors Inc offers a range of services, including transitional, long-term, and permanent supportive housing to approximately 600 individuals annually. Their evidence-based support programs, such as employment support, behavioral health services, and mentorship, extend to over 1,500 residents of Lane County each year. In collaboration with system partners, treatment providers, housing agencies, and policy reformers, Sponsors Inc offers person-centered services that are responsive to the needs and goals of individuals and communities.
Official website here: www.sponsorsinc.org
Who is the CEO of Sponsors Inc?
Paul Solomon is the Executive Di of Sponsors Inc.
Official website here: www.sponsorsinc.org
What is the revenue of Sponsors Inc?
Sponsors Inc's revenue in 2022 was $5,093,884.
Official website here: www.sponsorsinc.org
Who are the executives of Sponsors Inc and what are their salaries?
The average compensation at Sponsors Inc during 2022 was $24,186. There are 70 employees and 74 volunteers at Sponsors Inc.
Here are 14 key members and their salaries:
- Compensation: $113,016
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- Other: $42,785
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Official website here: www.sponsorsinc.org
Where can I find the form 990 for Sponsors Inc?
Sponsors Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sponsorsinc.org
Learn more at the official website: www.sponsorsinc.org
Mission Statement of Sponsors Inc
Sponsors Inc, a nonprofit organization, is dedicated to transforming lives and strengthening communities by offering life-changing opportunities to individuals with conviction histories. Guided by the values of dignity, empowerment, and community, Sponsors Inc aims to reduce homelessness and recidivism while improving community well-being and individual success. The organization provides a broad range of services, including transitional, long-term, and permanent supportive housing for approximately 600 people each year. Sponsors Inc's evidence-based support programs extend to over 1,500 Lane County residents annually, offering employment support, behavioral health services, and mentorship. The organization works closely with system partners, treatment providers, housing agencies, and policy reformers to provide person-centered services that are responsive to the needs and goals of individuals and communities.
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Impact
July, 2024
Sponsors Inc transforms lives and strengthens the community by providing life-changing opportunities for people with conviction histories in Lane County, Oregon. The organization's services, guided by the values of dignity, empowerment, and community, aim to reduce homelessness and recidivism while improving community well-being and individual success. Sponsors provides transitional, long-term, and permanent supportive housing to approximately 600 individuals each year, along with evidence-based support programs such as employment support, behavioral health services, and mentorship to over 1,500 Lane County residents annually. By collaborating closely with system partners, treatment providers, housing agencies, and policy reformers, Sponsors delivers person-centered services that are responsive to the needs and goals of both individuals and communities.
This information is meant to be a general summary of Sponsors 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 2022.
- Investment Income: $1,433
- Program Service Revenue: $550,495
- Gross Receipts: $5,095,374
Assets and Liabilities:
- Total Assets: $7,008,288
- Total Liabilities: $709,727
- Net Assets: $6,298,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$531,145
PROPERTY MANAGEMENT FEES
Revenue
$19,350
Organization Details
Founding Year
1973
Phone
(541) 485-8341Principal Officer
Paul Solomon
Main Address
338 HIGHWAY 99 N, EUGENE, OR, 97402
Website
www.sponsorsinc.orgNTEE Category
Code: I40 - Crime
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