Residential Options Inc

Organization Overview

Residential Options Inc is located in Dublin, OH. The organization was established in 1983. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Residential Options 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 12/2021, Residential Options Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE RESIDENTIAL, HABILITATIVE, AND TRAINING SERVICES FOR MENTALLY CHALLENGED AND/OR DEVELOPMENTALLY DISABLED INDIVIDUALS IN ORDER TO ASSIST THE INDIVIDUALS TO ACHEIVE THE HIGHEST QUALITY OF LIFE WITH THE GREATEST AMOUNT OF INDEPENDENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESIDENTIAL OPTIONS OPERATES TWO GROUP HOMES FOR MENTALLY CHALLENGED AND DEVELOPMENTALLY DISABLED INDIVIDUALS WITH A CAPACITY OF ELEVEN RESIDENTS. RESIDENTIAL OPTIONS ASSISTS THE INDIVIDUALS IN DAILY LIVING WITH A FOCUS ON ACHIEVING THEIR GREATEST LEVEL OF INDEPENDENCE. MOST OF OUR RESIDENTS PARTICIPATE IN DAY PROGRAMS AND WORKSHOPS. ADDITIONALLY, RESIDENTIAL OPTIONS ENCOURAGES AND SUPPORTS VOLUNTEERISM AND COMMUNITY ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Bentley
Treasurer
$0
Michael Cummins
Chairman
$0
Nancy Beverage
Secretary
$0
James Ravenscraft
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,251,187
All other contributions, gifts, grants, and similar amounts not included above$835
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,252,022
Total Program Service Revenue$129,169
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $1,561
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,382,752

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Residential Options Inc has recieved totaling $35.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$35
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$90,976
Earnings$39,426
Net Contributions$100,000
Ending Balance$230,402

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