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Advantage Home Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954693880 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Advantage Home Inc?

Advantage Home Inc is a nonprofit organization situated in Los Angeles, California, with a focus on serving individuals with developmental disabilities. Their primary mission is to provide independent and supportive living services, ensuring their clients have access to essential amenities such as food, shelter, and transportation. To accomplish this, they operate through regional centers. On average, Advantage Home Inc assists around 72 individuals annually, demonstrating their commitment to improving the quality of life for those in need. The organization employs a team of 33 dedicated professionals who work tirelessly towards this cause.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)

Advantage Home Inc has received an overall score of 82%, indicating a solid level of accountability and financial efficiency. The rating is solely derived from its accountability and finance metrics, showcasing a strong commitment to transparency. The organization has achieved full marks in several key areas, such as having an entirely independent board and maintaining a perfect program expense ratio, signifying effective fund utilization towards its mission.

The charity demonstrates an exceptional level of governance with 100% of its board members being independent, which enhances its decision-making processes. Additionally, the organization has shown no material diversion of assets and regularly documents board meeting minutes, reinforcing its dedication to operational integrity. The financial statements are also audited, which adds another layer of credibility.

Despite the positive aspects, the rating does not highlight any programmatic achievements or community impact, which could provide a more comprehensive view of the organization’s effectiveness in fulfilling its mission. Overall, while Advantage Home Inc excels in financial accountability, further insights into its programs would offer a better understanding of its overall impact.


This AI summary has been generated from information found on Charity Navigator.

Is Advantage Home Inc legitimate?

Advantage Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advantage Home 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: $182,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,715,165

For more financial information, click here

What is the mission statement of Advantage Home Inc?

Advantage Home Inc's mission is centered around providing independent living and supportive services to individuals with developmental disabilities. They accomplish this through regional centers. The organization's primary goal is to ensure that these individuals lead as independent a life as possible. They offer essential services such as food, shelter, and transportation to help achieve this. On average, Advantage Home Inc serves around 72 individuals with developmental disabilities.

Who is the CEO of Advantage Home Inc?

Dolly Iguh is the Director of Advantage Home Inc.

What is the revenue of Advantage Home Inc?

Advantage Home Inc's revenue in 2022 was $3,303,771.

Who are the executives of Advantage Home Inc and what are their salaries?

The average compensation at Advantage Home Inc during 2022 was $57,490. There are 33 employees at Advantage Home Inc.


Here are 3 key members and their salaries:


Dolly Iguh (Director)
  • Compensation: $93,000
  • Related: $0
  • Other: $0
Betty Chikwelu-Ezeh (Director)
  • Compensation: $65,000
  • Related: $0
  • Other: $0
Kingsley Chikwelu (Director)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Advantage Home Inc?

Advantage Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Advantage Home Inc

Advantage Home Inc, a nonprofit organization, is dedicated to providing independent living and supportive services to individuals with developmental disabilities. Their mission is to accomplish this by operating regional centers that offer essential resources such as food, shelter, and transportation. The average number of clients served by Advantage Home Inc is approximately 72 individuals, demonstrating their commitment to making a significant impact in the lives of those they serve. Through their outreach home services, they aim to empower individuals with developmental disabilities to live independently and with dignity.

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Impact




July, 2024

Advantage Home Inc positively impacts the lives of individuals with developmental disabilities by providing crucial independent living and supportive services through regional centers. These services include not only essential support for daily living but also outreach services such as food, shelter, and transportation. On average, the organization serves approximately 72 clients, offering them a sense of independence and dignity in Los Angeles, California. Through their dedicated efforts, Advantage Home Inc contributes to enhancing the quality of life for individuals with disabilities in the community.




This information is meant to be a general summary of Advantage Home 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.

Revenue
$3,303,771 (2022)
Expenses
$3,208,228 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $3,303,771
  • Gross Receipts: $3,303,771

Assets and Liabilities:

  • Total Assets: $1,142,701
  • Total Liabilities: $0
  • Net Assets: $1,142,701

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGIONAL CENTERS

Revenue

$3,303,771

Organization Details

Founding Year

1999

Principal Officer

Dolly Iguh

Main Address

2416 W JEFFERSON BLVD, LOS ANGELES, CA, 90018

NTEE Category

Code: P43 - Human services

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