Options Foundation Inc
- Assets
- $1.7m
- Revenue
- $711.6k
- Investments
- $0.0
- Employees
- 62
- Location
- Baton Rouge, LA
- Founding
- 06/1995
- Data as of
- 06/2020
- EIN
- 72-1260557
Organization Overview
Options Foundation Inc is located in Baton Rouge, LA. The organization was established in 1995. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Options Foundation Inc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Options Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Options Foundation Inc generated $711.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $831.5k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES INCLUDING HOUSING, TRANSPORTATION AND EDUCATION FOR INDIVIDUALS WITH BEHAVIORAL AND MENTAL PROBLEMS AND AT RISK YOUTHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING AND TRANSPORTATION SERVICES TO INDIVIDUALS WITH BEHAVIORAL HEALTH PROBLEMS AT 7 DIFFERENT LOCATIONS IN AND AROUND THE BATON ROUGE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Honeycutt Secretary | OfficerTrustee | 0 | $0 |
Brent Nettles Executive Dir. | OfficerTrustee | 0 | $0 |
Donnie Jarreau President & CEO | OfficerTrustee | 0 | $0 |
James Andermann Director | Trustee | 0 | $0 |
Daniel J Mcglynn Director | Trustee | 0 | $0 |
Steven R Davis Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $557,097 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$41,426 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | -$109,950 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $711,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,040 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,599 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $131,981 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,702 |
| Insurance | $95,370 |
| All other expenses | $0 |
| Total functional expenses | $831,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $394,120 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $141,788 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $91,573 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $634,911 |
| Total assets | $1,746,589 |
| Accounts payable and accrued expenses | $421,582 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $927,427 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $751,180 |
| Total liabilities | $2,100,189 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$353,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Options Foundation Inc has recieved totaling $29.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Birch Tree Communities Inc Benton, AR | $35,742,319 | $42,327,607 |
Youth Home Inc Little Rock, AR | $11,673,372 | $14,235,116 |
Family And Child Guidance Centers Dallas, TX | $7,706,569 | $12,795,747 |
Santa Maria Hostel Inc Houston, TX | $4,699,016 | $11,416,732 |
Inspired Behavioral Health Inc Rosenberg, TX | $5,761,942 | $13,253,638 |
High Sky Childrens Ranch Midland, TX | $19,707,547 | $6,571,730 |
Settlement Club Austin, TX | $6,964,165 | $6,077,333 |
Familylink Treatment Services Inc Gonzales, TX | $9,581,340 | $5,658,083 |
Teen Challenge Ranch Of Northwest Arkansas Inc Morrow, AR | $4,647,036 | $4,922,534 |
Burke Foundation Driftwood, TX | $9,445,597 | $5,968,071 |
Magnificat Houses Inc Houston, TX | $4,955,982 | $2,542,729 |
Creative Housing Iii Inc El Dorado, AR | $1,496,685 | $1,810,505 |