Overview
What is Graces Way Inc Phillips?
Graces Way Inc Phillips is a nonprofit organization situated in Georgetown, Ohio, with an address at 406 W Plum Street. Their primary mission is to cater to the physical, social, and psychological needs of elderly and handicapped individuals. Through their facilities and services, they aim to improve their overall well-being and quality of life. The organization remains committed to fulfilling this mission, offering support and resources tailored to the unique needs of this population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Graces Way Inc Phillips has received a three-star rating from Charity Navigator, signifying a solid level of accountability and financial health. The charity's overall score is based entirely on its Accountability & Finance metrics, where it achieved an impressive score of 79%. Key strengths include a fully independent board, no material diversion of assets, and strong policies for conflict of interest and whistleblower protections.
The organization has a commendable program expense ratio of 81.02%, indicating that a significant portion of its expenses goes directly toward its programs and services. This suggests a commitment to utilizing funds effectively for its mission. Additionally, the board meeting minutes are well-documented, showing transparency in governance.
However, the charity faces a notable issue with a liabilities to assets ratio of 108.80%, which indicates that its liabilities exceed its assets. This raises concerns about financial stability and may impact its long-term sustainability. Overall, while Graces Way Inc Phillips demonstrates strong governance and operational practices, addressing its financial liabilities will be crucial for its future viability.
This AI summary has been generated from information found on Charity Navigator.
Is Graces Way Inc Phillips legitimate?
Graces Way Inc Phillips is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graces Way Inc Phillips 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: $10,504
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What is the mission statement of Graces Way Inc Phillips?
Graces Way Inc, in its mission, aims to offer facilities and services tailored to address the physical, social, and psychological needs of elderly and handicapped individuals. The organization is committed to creating an environment that caters to the unique requirements of these individuals, ensuring their overall well-being and quality of life. By providing these essential services, Graces Way Inc seeks to contribute positively to the lives of these vulnerable individuals, offering them the care and support they need during their later years or in the face of handicaps.
Who is the CEO of Graces Way Inc Phillips?
Daniel Wickerham is the Trustee of Graces Way Inc Phillips.
What is the revenue of Graces Way Inc Phillips?
Graces Way Inc Phillips's revenue in 2022 was $45,222.
Who are the executives of Graces Way Inc Phillips 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 Graces Way Inc Phillips?
Graces Way Inc Phillips's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Graces Way Inc Phillips
Graces Way Inc Phillips is dedicated to providing facilities and services tailored to address the physical, social, and psychological needs of elderly and handicapped individuals. The organization's mission is centered around creating an environment where these individuals can thrive and lead fulfilling lives. By offering a comprehensive range of services, Graces Way Inc Phillips aims to enhance the quality of life for those who may be facing challenges due to age or disability. The nonprofit's mission is a testament to its commitment to ensuring the well-being of its clients, focusing on their physical needs through appropriate care and facilities, addressing their social needs by fostering a supportive community, and addressing their psychological needs through various therapeutic and recreational activities.
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Impact
August, 2024
Grace's Way Inc Phillips has a significant impact on the community by providing essential facilities and services tailored to meet the physical, social, and psychological needs of elderly and handicapped individuals in Georgetown, Ohio. Their mission is dedicated to improving the quality of life for these vulnerable populations, offering housing options and support services that enhance their well-being and independence. Through their focused efforts, Grace's Way Inc Phillips plays a vital role in ensuring that elderly and handicapped individuals receive the care and attention they require to lead fulfilling lives.
This information is meant to be a general summary of Graces Way Inc Phillips. 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: $33
- Program Service Revenue: $44,574
- Gross Receipts: $45,222
Assets and Liabilities:
- Total Assets: $421,363
- Total Liabilities: $458,455
- Net Assets: -$37,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES CONTRACTS GOV AGENCIES
Revenue
$24,206
RENTAL INCOME
Revenue
$20,368
Organization Details
Founding Year
2007
Phone
(937) 378-6041Principal Officer
Daniel Wickerham
Main Address
406 W PLUM STREET, GEORGETOWN, OH, 45121
NTEE Category
Code: L21 - Housing
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