Overview
What is Marguerite's Place Inc?
Marguerite's Place Inc, located at 87 Palm Street, Nashua, NH 03060, is a dedicated nonprofit organization. Their primary mission is to offer housing and supportive services to homeless women and their children. In 2022, 14 adults and 19 children benefited from their program. With a workforce of 23 employees, they strive to provide a safe and nurturing environment, offering essential resources and assistance to help these families regain stability.
Official website here: www.margueritesplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Marguerite's Place Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial performance. The organization boasts a fully independent board and has strong policies in place, including conflict of interest and whistleblower protections. However, the lack of financial statements significantly impacts its overall score, highlighting a potential area for improvement in transparency.
User feedback is predominantly positive, with a notable review from a long-time supporter who emphasizes the dedication of the staff and the impactful programs offered, such as a five-year aftercare initiative. The reviewer highlights the organization’s approach of providing support in a way that empowers individuals rather than simply offering assistance, which resonates with their mission of helping women and children in need.
Despite the positive testimonials regarding the staff and programs, the financial management aspect remains a concern, as indicated by the lower program expense ratio. This suggests that while the organization is well-regarded on a personal level, there are opportunities for enhancing its financial reporting and operational transparency to further boost its credibility and community trust.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Marguerite's Place Inc legitimate?
Marguerite's Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marguerite's Place Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $623,105
For more financial information, click here
Official website here: www.margueritesplace.org
What is the mission statement of Marguerite's Place Inc?
Marguerite's Place Inc's mission is centered around providing housing and supportive services to homeless women and their children. Their primary goal is to offer a safe and nurturing environment for these families, aiming to provide them with the necessary resources to rebuild their lives. In 2022, 14 adults and 19 children benefited from their services, demonstrating the organization's commitment to making a difference in the lives of those in need. The organization offers a range of support services, aiming to empower these families and help them transition towards self-sufficiency.
Official website here: www.margueritesplace.org
Who is the CEO of Marguerite's Place Inc?
Brian Hall is the Board Member of Marguerite's Place Inc.
Official website here: www.margueritesplace.org
What is the revenue of Marguerite's Place Inc?
Marguerite's Place Inc's revenue in 2022 was $1,189,423.
Official website here: www.margueritesplace.org
Who are the executives of Marguerite's Place Inc and what are their salaries?
The average compensation at Marguerite's Place Inc during 2022 was $27,092. There are 23 employees at Marguerite's Place Inc.
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Official website here: www.margueritesplace.org
Where can I find the form 990 for Marguerite's Place Inc?
Marguerite's Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.margueritesplace.org
Learn more at the official website: www.margueritesplace.org
Mission Statement of Marguerite's Place Inc
Marguerite's Place Inc is a nonprofit organization committed to providing housing and supportive services to homeless women and their children. Their mission is to offer a safe and nurturing environment where these individuals can rebuild their lives and gain the necessary resources to overcome their challenges. In 2022, 14 adults and 19 children participated in their program, demonstrating the organization's impact in the lives of those in need. By providing housing and supportive services, Marguerite's Place Inc aims to empower homeless women and their families, helping them to regain stability and independence.
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Impact
July, 2024
Marguerite's Place Inc has made a significant impact by providing housing and supportive services to homeless women and their children in Nashua, NH. In 2022, the organization served 14 adults and 19 children through its program. By offering a safe and supportive environment, Marguerite's Place Inc helps homeless women and their families rebuild their lives and access the resources they need to thrive. Their dedication to this cause aligns with their mission to provide crucial support to vulnerable individuals and families in need.
This information is meant to be a general summary of Marguerite's Place Inc. 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 2022.
- Investment Income: $60,489
- Program Service Revenue: $485,762
- Gross Receipts: $1,189,423
Assets and Liabilities:
- Total Assets: $3,159,160
- Total Liabilities: $112,877
- Net Assets: $3,046,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$382,200
CITY AND STATE
Revenue
$103,562
Organization Details
Founding Year
1993
Principal Officer
Brian Hall
Main Address
87 PALM STREET, NASHUA, NH, 03060
Website
www.margueritesplace.orgNTEE Category
Code: P430 - Human services
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