Overview
What is Silver Ribbon Community Partners?
Silver Ribbon Community Partners is a compassionate nonprofit organization situated in McAllen, Texas, specifically at 1919 Austin Avenue. Their primary mission is to offer direct assistance to individuals and families in the local community who are struggling to meet their basic living expenses, such as rent, utilities, medications, medical supplies, and medical equipment. They achieve this by raising funds through various events, contributions, and donations. During the recent fiscal year, ending August 31, 2022, they successfully aided over 300 community members in need. Their dedicated team of just two employees works tirelessly to ensure that those who have no means of providing for themselves receive the necessary support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
Silver Ribbon Community Partners has received a 0-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The charity scored only 40% overall, reflecting serious deficiencies in areas crucial for donor trust and transparency.
While the organization boasts a fully independent board and has no material diversion of assets, it falls short in key governance aspects. Notably, the charity lacks a whistleblower policy and a document retention and destruction policy, both of which are important for safeguarding the integrity of its operations. Additionally, the liabilities to assets ratio is alarmingly high at 221.30%, indicating potential financial instability.
The program expense ratio is also a point of concern, as it stands at 48.86%, suggesting that less than half of its expenses are directed towards programs. This raises questions about the effectiveness of its resource allocation. Overall, the evidence suggests that while there are some positive governance features, significant improvements are needed to enhance the organization's financial health and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Silver Ribbon Community Partners legitimate?
Silver Ribbon Community Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Ribbon Community Partners 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: $48,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Silver Ribbon Community Partners?
Silver Ribbon Community Partners is an organization with a mission to provide direct assistance to individuals in need, who are unable to cover their living expenses on their own. They achieve this mission by raising funds through various means such as fundraisers, contributions, and donations. This non-profit organization aims to help local community members with expenses like rent, utilities, medications, medical supplies, medical equipment, and general supplies. During the fiscal year ending August 31, 2022, the organization offered aid to over 300 participants in the community.
Who is the CEO of Silver Ribbon Community Partners?
Jose Luis Gonzalez is the President of Silver Ribbon Community Partners.
What is the revenue of Silver Ribbon Community Partners?
Silver Ribbon Community Partners's revenue in 2022 was $78,124.
Who are the executives of Silver Ribbon Community Partners and what are their salaries?
The average compensation at Silver Ribbon Community Partners during 2022 was $24,262. There are 2 employees at Silver Ribbon Community Partners.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Silver Ribbon Community Partners?
Silver Ribbon Community Partners's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Silver Ribbon Community Partners
Silver Ribbon Community Partners, a non-profit organization, is committed to providing direct assistance to individuals in the local community who are struggling to meet their living expenses and have no means of providing for themselves. The organization sources its funds through various means, including fundraisers, contributions, and donations. Its mission is to alleviate the financial burdens of its recipients, offering aid for expenses such as rent, utilities, medications, medical supplies, medical equipment, and general supplies. During the recent fiscal year, ending on August 31, 2022, Silver Ribbon Community Partners successfully assisted over 300 participants in the community, providing them with the essential support they needed to navigate their challenging circumstances.
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Impact
August, 2024
Silver Ribbon Community Partners has had a significant impact on the local community of McAllen, Texas by providing direct assistance to recipients in need of help with their living expenses. Through funds obtained from fundraisers, contributions, and donations, the organization has been able to assist well over 300 participants during the fiscal year ending August 31, 2022. This assistance includes support for rent, utilities, medications, medical supplies, medical equipment, and general supplies. The organization's mission to help those who have no means of providing for themselves has been instrumental in improving the lives of individuals facing financial difficulties in the community.
This information is meant to be a general summary of Silver Ribbon Community Partners. 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.
- Gross Receipts: $78,124
Assets and Liabilities:
- Total Assets: $7,279
- Total Liabilities: $16,109
- Net Assets: -$8,830
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Organization Details
Founding Year
2002
Principal Officer
Jose Luis Gonzalez
Main Address
1919 AUSTIN AVENUE, McAllen, TX, 78501
NTEE Category
Code: P80 - Human services
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