Changed Choices Inc

What it reported doing in 2024

PRE RELEASE: For entry into the Organization's wraparound, holistic Pre-Release program, a woman must anticipate settling in Mecklenburg County, NC or the surrounding area upon her release, demonstrate a genuine desire to change, and havea minimum of two years remaining on her sentence. Throughout her time as a Pre-Release client, she works closely with the Programs Team and her Change Coach (case manager) to create a Vision Plan, with goals and action steps as well as work through a 10 module Curriculum, which help a woman focus on personal growth: mentally, emotionally, physically and spiritually to help prepare her for Re-Entry into the community. Each woman is also served spiritually and encouraged by at least two dedicated volunteers. While a woman is incarcerated, her family qualifies to receive support services such as Christmas gifts as well as referrals for food, furnitureand other servicesfrom partnering agencies. As a woman enters her last year prior to release, the Organization works with her to provide guidance and education on housing, finances, job readiness, identification recovery as well as peer mentoring. The Coach ensures a written Vision Plan for Re-Entry is in place, and provides a church and Bible study. The Organization serves 40-45 Pre- Release women each year.RE-ENTRY: As a woman is released from prison, if she has opted into the Organization's Re-Entry program, she is provided holistic programs and services as she re-enters Charlotte or the surrounding community. In addition to the Re-Entry Vision Plan, with goals and a plan of action, the client is provided case management, professional counseling, Re-Entry coaching, transportation, family support, housing (upon qualification) and peer mentoring as well as referrals to partnering agencies. The objective for each woman is a transformed life marked by spiritual growth, healthy decisions, self-sufficiency, and contribution to her community. If she does not opt into the Organization's Re-Entry program, she is still eligible to receive referrals to partnering agencies.Following approximately 2 years in the Re-Entry Program, the clients become Legacy Clients who continue to be supported by referrals to partnering agencies and invitations to all Changed Choices events.The Organization serves approximately12 Re-Entry clients and 25-35 children/youth each year.

Financial Efficiency

• Mission deployment rate: 69.4%; rating input score 69
• Program expense ratio: 69.3%; rating input score 69
• Fundraising efficiency: $5.77 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.8%; rating input score 38; 38th percentile among comparable filings
• Total-asset coverage ratio: 0.96; rating input score 41; 41st percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 51; 51st percentile among comparable filings
• Officer compensation ratio: 16%; rating input score 21; 21st percentile among comparable filings

Growth

• Program expense growth: 2% per year; rating input score 100; 26th percentile among comparable filings
• Revenue growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
• Asset growth: 10.3% per year; rating input score 100; 60th percentile among comparable filings