Overview
What is My Fathers Storehouse The Storehouse?
My Fathers Storehouse The Storehouse is a nonprofit organization situated in Hendersonville, North Carolina. Their primary mission is to alleviate hardship by offering food and essential supplies to individuals in need within Henderson County. Their most notable initiative is the annual Christmas program, Blessing in Boxes, which delivers presents to eligible children's families. This organization is committed to supporting the local community by providing essential resources during challenging times.
Official website here: www.storehouseonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% - One-Star out of Four Stars
My Father's Storehouse has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 52%, the organization lacks independent board members and has not provided essential financial statements. These issues are compounded by the absence of conflict of interest and whistleblower policies, which raises concerns about governance.
Despite the low rating, the nonprofit does excel in its program expense ratio, allocating 97.72% of its expenses directly to programs. This suggests a commitment to its mission and efficient use of funds in service delivery. However, the lack of transparency in financial reporting and governance practices may undermine trust and accountability.
The organization also has a positive liability to assets ratio, indicating financial stability, but the shortcomings in policies and board independence could deter potential donors and supporters. Improving these areas could enhance its credibility and overall performance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about My Fathers Storehouse The Storehouse?
96% of 12 reviewers on Facebook recommend My Father's Storehouse. Here is a summary of their reviews:
Many individuals have expressed deep appreciation for the organization, emphasizing the significant impact it has had during challenging times. The heartfelt gratitude for the dedicated volunteers and generous donors is evident, with one reviewer highlighting how the support received made a profound difference in their life.
Overall, the sentiment is overwhelmingly positive, showcasing that this nonprofit truly fulfills its mission and provides essential assistance to those in need. The acknowledgment of the countless contributions from the community adds to the sense of appreciation for the organization's work.
This AI summary has been generated from reviews found on Facebook.
Is My Fathers Storehouse The Storehouse legitimate?
My Fathers Storehouse The Storehouse is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Fathers Storehouse The Storehouse 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: $40,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,563
For more financial information, click here
Official website here: www.storehouseonline.org
What is the mission statement of My Fathers Storehouse The Storehouse?
My Fathers Storehouse The Storehouse is committed to providing essentials, including food, for individuals in need. Their mission, as stated, is to offer assistance to those facing hardships within Henderson County, North Carolina. During the annual Christmas program known as Blessing in Boxes, they extend gifts to children from eligible families. Their primary goal is to alleviate some of the basic needs of those who are struggling, thereby contributing to a more equitable community.
Official website here: www.storehouseonline.org
What is the revenue of My Fathers Storehouse The Storehouse?
My Fathers Storehouse The Storehouse's revenue in 2023 was $1,566,988.
Official website here: www.storehouseonline.org
Who are the executives of My Fathers Storehouse The Storehouse and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.storehouseonline.org
Where can I find the form 990 for My Fathers Storehouse The Storehouse?
My Fathers Storehouse The Storehouse's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.storehouseonline.org
Learn more at the official website: www.storehouseonline.org
Mission Statement of My Fathers Storehouse The Storehouse
My Fathers Storehouse, a nonprofit organization, is dedicated to providing essential aid to individuals in need within Henderson County, North Carolina. Its primary mission is to distribute food and other basic necessities, offering a vital lifeline to those who are struggling. One of their notable initiatives is the Blessing in Boxes annual Christmas program, which extends gifts to children from qualifying families, adding a touch of joy and support during the holiday season.
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Impact
July, 2024
My Father's Storehouse The Storehouse plays a crucial role in providing food and other basic necessities for those in need in Henderson County, North Carolina. Their impact can be seen in the tangible support they offer to individuals and families facing economic hardship. Additionally, through initiatives like the Blessing in Boxes program, which provides gifts to children of qualifying families during the holidays, the organization spreads joy and hope to those in challenging circumstances. Their work is essential in addressing food insecurity and providing assistance to vulnerable populations in the community, making a significant difference in the lives of those they serve.
This information is meant to be a general summary of My Fathers Storehouse The Storehouse. 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 2023.
- Investment Income: $707
- Gross Receipts: $1,574,718
Assets and Liabilities:
- Total Assets: $376,321
- Total Liabilities: $3,155
- Net Assets: $373,166
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Organization Details
Founding Year
2004
Principal Officer
Lynn H Staggs
Website
www.storehouseonline.orgNTEE Category
Code: P20 - Human services
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