Overview
What is Ywca Of Mount Desert Island?
YWCA of Mount Desert Island is a nonprofit organization situated in Bar Harbor, Maine. They offer a range of services to support individuals and families, including affordable housing, employment assistance, and a food bank. The organization also provides computer services to its members and the public, as well as educational programs focused on empowering girls. In line with their mission, they strive to eliminate racism and empower women through various initiatives, such as teen education and activities for children. With a team of seven dedicated employees, YWCA of Mount Desert Island is committed to improving the lives of its community members.
Official website here: www.ywcamdi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The YWCA of Mount Desert Island has received an 83% score, which translates to a Three-Star rating. This rating is based solely on the Accountability & Finance Beacon, indicating a strong focus on financial integrity and transparency within the organization. The high percentage of independent board members and the effective implementation of policies such as conflict of interest and whistleblower policies reflect a commitment to governance and ethical oversight.
Strengths highlighted include a complete board comprising 91% independent members and a favorable liabilities-to-assets ratio of 0.22%, demonstrating financial stability. The organization has also scored perfectly in areas such as the publication of board meeting minutes and the review of financial statements, showcasing their accountability practices.
However, the program expense ratio sits at 62.86%, which, although reasonable, suggests that there is room for improvement in ensuring a higher percentage of expenses are directed toward programs rather than administrative costs. Overall, the YWCA of Mount Desert Island appears to be a reliable organization with a solid financial foundation, though stakeholders may want to monitor how effectively it allocates resources toward its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ywca Of Mount Desert Island legitimate?
Ywca Of Mount Desert Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ywca Of Mount Desert Island 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: $57,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,398
For more financial information, click here
Official website here: www.ywcamdi.org
What is the mission statement of Ywca Of Mount Desert Island?
The YWCA of Mount Desert Island focuses on eliminating racism and empowering women through various programs. Among these initiatives are affordable housing for women and girls, educational programs for teenagers, and activities designed for children. Additionally, the organization offers resources to help individuals find employment, housing, and access to food banks. Furthermore, the YWCA provides computer services for its members and the public, as well as educational programs that address racism and promote financial literacy. Scholarships are also offered to college-bound seniors.
Official website here: www.ywcamdi.org
Who is the CEO of Ywca Of Mount Desert Island?
Kate Hall Jordan is the President of Ywca Of Mount Desert Island.
Official website here: www.ywcamdi.org
What is the revenue of Ywca Of Mount Desert Island?
Ywca Of Mount Desert Island's revenue in 2021 was $625,326.
Official website here: www.ywcamdi.org
Who are the executives of Ywca Of Mount Desert Island and what are their salaries?
The average compensation at Ywca Of Mount Desert Island during 2021 was $32,070. There are 7 employees and 85 volunteers at Ywca Of Mount Desert Island.
Here are 11 key members and their salaries:
- Compensation: $57,090
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- Other: $14,606
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Official website here: www.ywcamdi.org
Where can I find the form 990 for Ywca Of Mount Desert Island?
Ywca Of Mount Desert Island's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.ywcamdi.org
Learn more at the official website: www.ywcamdi.org
Mission Statement of Ywca Of Mount Desert Island
The YWCA of Mount Desert Island is dedicated to a mission that aims to eradicate racism and empower women. This nonprofit organization provides a variety of programs to accomplish this goal. One of their key initiatives is affordable housing for women and girls, offering them a safe and supportive living environment. In addition to housing, the YWCA offers educational opportunities for teenage girls, equipping them with necessary skills and knowledge.
Furthermore, the YWCA is committed to addressing and educating about racism. They offer programs and activities that raise awareness and promote understanding, helping to foster a more inclusive and equitable society. The organization also provides financial literacy education, offering valuable skills and resources to help individuals manage their finances effectively.
Moreover, the YWCA offers scholarships to college-bound seniors, providing financial assistance to those pursuing higher education. This commitment to education and empowerment is a testament to the YWCA's mission of supporting and uplifting women. By offering a wide range of programs and services, the YWCA of Mount Desert Island is making a significant impact in the lives of women and girls, helping them to overcome challenges and achieve their full potential.
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Impact
July, 2024
Ywca Of Mount Desert Island's impact is significant in providing programs that eliminate racism and empower women. They offer affordable housing for women and girls, as well as teen education and activities for children. Additionally, they provide assistance in finding support, work, housing, and operate a food bank. Their computer services are available to members and the public, with educational programs focused on girls, financial literacy, and scholarships for college-bound seniors. Through their initiatives, they contribute to creating a more equitable society and supporting the well-being of women and girls in the community.
This information is meant to be a general summary of Ywca Of Mount Desert Island. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $374,356
- Program Service Revenue: $96,962
- Gross Receipts: $1,662,551
Assets and Liabilities:
- Total Assets: $6,546,958
- Total Liabilities: $8,904
- Net Assets: $6,538,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENCE
Revenue
$48,750
ADMISSIONS
Revenue
$41,725
BUILDING USE
Revenue
$6,487
Organization Details
Founding Year
1904
Phone
(207) 288-5008Principal Officer
Kate Hall Jordan
Main Address
36 MOUNT DESERT STREET, BAR HARBOR, ME, 04609
Website
www.ywcamdi.orgNTEE Category
Code: P20 - Human services
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