Overview
What is Mary Lee Flagship?
Mary Lee Flagship is a nonprofit organization situated in Austin, Texas, specifically at 1339 Lamar Square Drive, 78704. Their primary mission is to cater to the needs of elderly and handicapped individuals, offering them specially designed housing facilities and services. These services are aimed at enhancing their physical, social, and psychological well-being, ultimately promoting their health, security, happiness, and overall usefulness in longer living. The organization has successfully assisted 23 such individuals, providing them with a suitable living environment and necessary support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Mary Lee Flagship has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization has demonstrated a high level of governance with 100% independent board members and no material diversion of assets. Its commitment to transparency is evident through its established policies on conflicts of interest, whistleblowing, and document retention.
The program expense ratio of 83.55% highlights that a significant portion of its expenses is directed towards its programs, suggesting an effective allocation of resources. However, the organization faces challenges, particularly with a liabilities to assets ratio of 142.91%, which may indicate financial risk.
Overall, while Mary Lee Flagship exhibits strong governance and transparency, potential donors should consider the financial sustainability implied by the liabilities to assets ratio.
This AI summary has been generated from information found on Charity Navigator.
Is Mary Lee Flagship legitimate?
Mary Lee Flagship is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Lee Flagship 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: $23,270
For more financial information, click here
What is the mission statement of Mary Lee Flagship?
Mary Lee Flagship's mission is centered around providing specialized housing facilities and services for the elderly and handicapped individuals. The organization aims to cater to their physical, social, and psychological needs, promoting their health, security, happiness, and usefulness in the process. The ultimate goal is to support them in living fulfilling lives for an extended period. The organization successfully accommodated and assisted 23 elderly and handicapped individuals.
Who is the CEO of Mary Lee Flagship?
Russ Walker is the Board Member of Mary Lee Flagship.
What is the revenue of Mary Lee Flagship?
Mary Lee Flagship's revenue in 2022 was $122,673.
Who are the executives of Mary Lee Flagship and what are their salaries?
There 1 volunteer at Mary Lee Flagship.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $88,292
- Other: $8,314
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $71,414
- Other: $8,400
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mary Lee Flagship?
Mary Lee Flagship's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mary Lee Flagship
Mary Lee Flagship, a nonprofit organization, is dedicated to providing elderly and handicapped individuals with specialized housing facilities and services. The primary objective of Mary Lee Flagship is to cater to the physical, social, and psychological needs of these individuals, with a focus on promoting their health, security, happiness, and usefulness in their longer lives. By offering tailored housing and assistance, the organization aims to enhance their well-being and improve their quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Mary Lee Flagship significantly impacts the lives of elderly and handicapped individuals by offering tailored housing facilities and services that cater to their unique physical, social, and psychological needs. This organization fosters an environment that enhances the health, security, happiness, and overall well-being of its residents. By providing 23 elderly and handicapped persons with access to essential resources, Mary Lee Flagship promotes a higher quality of life, encouraging longer, more fulfilling lives within a supportive community in Austin, Texas.
This information is meant to be a general summary of Mary Lee Flagship. 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: $8
- Program Service Revenue: $122,665
- Gross Receipts: $122,673
Assets and Liabilities:
- Total Assets: $1,047,851
- Total Liabilities: $1,490,562
- Net Assets: -$442,711
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$122,362
MISCELLANEOUS INCOME
Revenue
$303
Organization Details
Founding Year
2005
Phone
(512) 443-5777Principal Officer
Russ Walker
Main Address
1339 LAMAR SQUARE DR, AUSTIN, TX, 78704
NTEE Category
Code: L22 - Housing
If you are a representative of Mary Lee Flagship and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.