Overview
What is Molife Inc?
Molife Inc, based in Fairhaven, Massachusetts, is a nonprofit organization dedicated to providing individualized support services tailored to the unique needs of individuals with developmental disabilities. Their mission encompasses assisting these individuals in pursuing careers, fostering community membership, and facilitating the whole life planning process, including rehabilitation services. Molife Inc also advocates and facilitates the inclusion of people with disabilities in various aspects of society, ensuring they have equal opportunities and resources. With a team of 94 employees, Molife Inc is committed to making a positive impact in the lives of those with developmental disabilities.
Official website here: www.molifeinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Molife Inc has received an 81% rating from Charity Navigator, showcasing a solid performance in accountability and finance. The organization demonstrates strong governance with 87% of its board members being independent and a comprehensive oversight committee in place. Its commitment to transparency is evident through fully documented policies and procedures, including conflict of interest and whistleblower policies.
Financially, the organization is healthy, with a remarkable program expense ratio of 88.06%, indicating that a large portion of its funds is directed towards its programs rather than administrative costs. This efficiency suggests a strong commitment to fulfilling its mission effectively.
Despite the positive attributes, there are no specific limitations noted in the data. Overall, Molife Inc seems to be a well-managed nonprofit that prioritizes accountability and program effectiveness, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Molife Inc legitimate?
Molife Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Molife 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: $216,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,723,856
For more financial information, click here
Official website here: www.molifeinc.com
What is the mission statement of Molife Inc?
Molife Inc, an organization dedicated to supporting individuals with developmental disabilities, strives to assist these individuals in their pursuit of careers and community membership. The organization also facilitates the whole life planning process and provides rehabilitation services. Furthermore, Molife Inc promotes and facilitates the inclusion of individuals with disabilities in various aspects of society. The organization offers individualized support services tailored to meet the unique needs of each individual with developmental disabilities.
Official website here: www.molifeinc.com
Who is the CEO of Molife Inc?
Charles K Murphy is the President of Molife Inc.
Official website here: www.molifeinc.com
What is the revenue of Molife Inc?
Molife Inc's revenue in 2022 was $2,625,427.
Official website here: www.molifeinc.com
Who are the executives of Molife Inc and what are their salaries?
The average compensation at Molife Inc during 2022 was $20,638. There are 94 employees at Molife Inc.
Here are 17 key members and their salaries:
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Official website here: www.molifeinc.com
Where can I find the form 990 for Molife Inc?
Molife Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.molifeinc.com
Learn more at the official website: www.molifeinc.com
Mission Statement of Molife Inc
Molife Inc, a nonprofit organization, is dedicated to supporting individuals with developmental disabilities in their pursuit of careers, community membership, and whole life planning. The organization's mission is twofold: firstly, it aims to provide tailored individual support services to meet the unique needs of these individuals. Secondly, Molife Inc advocates for and facilitates the inclusion of people with disabilities in various aspects of society. This commitment to inclusion is a key part of Molife Inc's mission, as it strives to break down barriers and create opportunities for individuals with developmental disabilities to fully participate in their communities.
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Impact
July, 2024
Molife Inc is making a significant impact by providing tailored individual support services to individuals with developmental disabilities in Fairhaven, MA. They are actively supporting these individuals in seeking careers, fostering community membership, facilitating whole life planning processes, and offering rehabilitation services. Additionally, the organization plays a vital role in promoting and facilitating the inclusion of people with disabilities in society. Through their focus on employment and holistic support, Molife Inc is empowering individuals with developmental disabilities to lead more fulfilling and independent lives.
This information is meant to be a general summary of Molife 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: $9,308
- Program Service Revenue: $45,667
- Gross Receipts: $2,646,350
Assets and Liabilities:
- Total Assets: $1,339,470
- Total Liabilities: $951,044
- Net Assets: $388,426
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER SUPPORT
Revenue
$45,667
Organization Details
Founding Year
1988
Principal Officer
Charles K Murphy
Main Address
43 DANIEL STREET, Fairhaven, MA, 02719
Website
www.molifeinc.comNTEE Category
Code: J20 - Employment
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