Overview

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Est.

1992

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Options for Independence Inc, with EIN 72-1208898, is a nonprofit organization dedicated to supporting special populations through outreach services in mental health, housing, employment, substance abuse prevention and treatment, and financial independence. In the 2024 filing year, the organization operates with a budget of $1.3 million and reported total revenue of $1.7 million, with a significant portion of funding coming from an unidentified source amounting to $115.2 million, indicating a reliance on a single funder for more than 50% of its revenue. More information can be found on their website at www.optionsforindependence.com.

Mission Statement

Outreach services in the areas of mental health, housing, employment, substance abuse prevention and treatment, and financial independence.
Revenues
$1.7M
Expenses
$1.4M
Net Income:
+$351.4K
Assets
$4.9M
Liabilities
$1.9M
Net Assets:
+$3M
Operating Budget
$1.3M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$9.5K
Largest grant received
$9.5K
S
Sherl Turner
Board Member
B
Barry Chauvin
Board Member
M
Mary Davis
Board Member

Frequently Asked Questions

What is Options for Independence Inc’s budget?
In 2024, Options for Independence Inc reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does Options for Independence Inc support?
Options for Independence Inc supports work in Special population support.
Where does Options for Independence Inc operate?
Options for Independence Inc is headquartered in Houma, LA.
Who funded Options for Independence Inc recently?
In 2018, Options for Independence Inc received grants from THE GREATER NEW ORLEANS FOUNDATION, THE GREATER NEW ORLEANS FOUNDATION, and THE GREATER NEW ORLEANS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Options for Independence Inc received in 2018?
The largest grant to Options for Independence Inc in 2018 exceeds $9,493.
What is Options for Independence Inc’s reliance on government grants?
Options for Independence Inc relied on government grants for more than 40% of their total revenue in 2024.