Overview
What is Kings Daughters Home Inc?
Kings Daughters Home Inc, based in Saint Albans, Vermont (05478), was initially established to provide living accommodations and care for the elderly who required some assistance but did not necessitate full-time nursing home care. However, the physical property of the home has been sold, leaving behind investment assets. Now, Kings Daughters Home Inc is in the process of liquidating these assets, with the intention to donate them to other nursing home facilities. Despite the sale of the home, the organization's mission to support the elderly continues through its charitable contributions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Kings Daughters Home Inc has received a low rating of 53%, which translates to a One-Star rating primarily due to concerns in accountability and finance. The organization does not have any independent board members, which raises questions about governance and oversight. Furthermore, the absence of essential policies such as conflict of interest and whistleblower protections highlights significant gaps in their operational transparency.
On a positive note, the organization shows strong program expense management, with an impressive program expense ratio of 98.14%. This indicates that a substantial portion of their funds is directed toward their programs rather than administrative costs. Additionally, they have successfully maintained a zero percent liabilities to assets ratio, reflecting a stable financial position in that regard.
However, the lack of key documentation on their website, including tax forms and policies, limits the organization's accountability and may affect donor confidence. Overall, while Kings Daughters Home Inc demonstrates effective program spending and financial stability, the significant governance shortcomings pose challenges to its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Kings Daughters Home Inc legitimate?
Kings Daughters Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kings Daughters Home 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:
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What is the mission statement of Kings Daughters Home Inc?
Initially, Kings Daughters Home Inc was established to provide residential care and support for elderly individuals who required assistance but did not necessitate the level of care provided in a nursing home. Unfortunately, the home's assets were sold, leaving funds for donation. Currently, these investment assets are being utilized to contribute to other nursing home facilities. In addition, the organization is in the process of liquidating its assets.
Who is the CEO of Kings Daughters Home Inc?
Sally Lindberg is the Secretary of Kings Daughters Home Inc.
What is the revenue of Kings Daughters Home Inc?
Kings Daughters Home Inc's revenue in 2023 was $28,219.
Who are the executives of Kings Daughters Home Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Kings Daughters Home Inc?
Kings Daughters Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kings Daughters Home Inc
Kings Daughters Home Inc, originally established to provide room and board for the elderly who required some level of care but did not necessitate staying in a nursing home, has undergone significant changes. Due to the sale of their property and assets, the organization is now focused on donating these funds to other nursing home facilities. Currently, they are utilizing their investment assets for this purpose, with plans to liquidate further resources as needed. In essence, Kings Daughters Home Inc is now dedicated to supporting the well-being of elderly individuals through financial contributions to other nursing home facilities.
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Impact
August, 2024
Kings Daughters Home Inc has had a significant impact on the community by originally providing room and board to the elderly who needed some care but not enough to be in a nursing home. Although the home has been sold and its assets left to donate, the organization continues its mission by using its investment assets to support other nursing home facilities. This assistance helps to ensure that elderly individuals receive the care and support they need, contributing to the well-being of the community's aging population.
This information is meant to be a general summary of Kings Daughters Home 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 2023.
- Investment Income: $24,512
- Program Service Revenue: $1,400
- Gross Receipts: $102,956
Assets and Liabilities:
- Total Assets: $852,923
- Total Liabilities: $0
- Net Assets: $852,923
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$1,400
Organization Details
Founding Year
1925
Principal Officer
Sally Lindberg
Main Address
1 LAUREN LANE, SAINT ALBANS, VT, 05478
NTEE Category
Code: P75Z - Human services
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