Overview
What is Partners For Sacred Places Inc?
Partners For Sacred Places Inc, based in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to supporting the preservation and utilization of older religious properties as vibrant centers for congregational life and community service. They offer in-person and remote training and assistance to various entities with such properties, helping them enhance their capacity, foster community partnerships, and secure external funding through their signature program, New Dollars/New Partners. Additionally, the organization provides individualized support services, working closely with congregations to evaluate their community impact, facilitate space sharing, raise funds, and strengthen engagement with their communities, among other initiatives. With a team of 19 dedicated professionals, Partners For Sacred Places Inc plays a crucial role in revitalizing and repurposing historic religious sites for the betterment of their surrounding communities.
Official website here: www.sacredplaces.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Partners For Sacred Places Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The organization has demonstrated strengths in its governance, as evidenced by the presence of a fully independent board and robust oversight measures. Its effective financial management is highlighted by a high program expense ratio of 87.59%, which signifies that a significant portion of its funds is directed towards its charitable programs.
The nonprofit also shows strong fundraising efficiency, with a low cost per dollar raised, reflecting an ability to maximize contributions. Policies such as conflict of interest, whistleblower protections, and document retention are well established, suggesting a commitment to transparency and ethical practices. These factors collectively contribute to a favorable perception of the organization among stakeholders.
While the overall rating is positive, the working capital ratio of 0.94 years might indicate a potential challenge in maintaining long-term financial stability without additional funding. Nonetheless, the lack of material diversion of assets and loans to officers indicates that the organization is operating with integrity and trust.
This AI summary has been generated from information found on Charity Navigator.
Is Partners For Sacred Places Inc legitimate?
Partners For Sacred Places Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partners For Sacred Places 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: $227,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,077,054
For more financial information, click here
Official website here: www.sacredplaces.org
What is the mission statement of Partners For Sacred Places Inc?
Partners For Sacred Places Inc's mission involves supporting the maintenance and full utilization of older religious properties, transforming them into vibrant centers for congregational life and community service. They accomplish this through various programs and consulting services. Their signature program, New Dollars/New Partners, assists leaders of over a thousand sacred places in enhancing their capabilities, forging new community partnerships, and securing external funding. Additionally, they offer individualized support services, working closely with congregations to assess their community impact, facilitate space sharing, raise funds, and foster deeper community engagement.
Official website here: www.sacredplaces.org
Who is the CEO of Partners For Sacred Places Inc?
A Robert Jaeger is the President of Partners For Sacred Places Inc.
Official website here: www.sacredplaces.org
What is the revenue of Partners For Sacred Places Inc?
Partners For Sacred Places Inc's revenue in 2022 was $3,099,854.
Official website here: www.sacredplaces.org
Who are the executives of Partners For Sacred Places Inc and what are their salaries?
The average compensation at Partners For Sacred Places Inc during 2022 was $68,649. There are 19 employees and 100 volunteers at Partners For Sacred Places Inc.
Here are 24 key members and their salaries:
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Official website here: www.sacredplaces.org
Where can I find the form 990 for Partners For Sacred Places Inc?
Partners For Sacred Places Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sacredplaces.org
Learn more at the official website: www.sacredplaces.org
Mission Statement of Partners For Sacred Places Inc
Partners For Sacred Places Inc is dedicated to supporting the preservation and active usage of older religious properties as community centers for congregational life and community service. Their mission involves offering in-person and remote training and support to congregations and other entities with older religious properties. Through their signature program, New Dollars/New Partners, they have helped leaders from over a thousand sacred places enhance their capacities, form new community partnerships, and secure funding from external sources. Beyond this, Partners For Sacred Places Inc provides individualized support services, working one-on-one with congregations to assess their community impact, facilitate space sharing, secure funding, deepen community engagement, and more.
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Impact
October, 2024
Partners For Sacred Places Inc has a significant impact by supporting the care and full use of older religious properties, transforming them into vibrant centers of congregational life and community service. Through programs and consulting services, they provide both in-person and remote training to congregations, helping them maximize the potential of their sacred spaces.
One of their hallmark initiatives, New Dollars/New Partners, has empowered leaders from over 1,000 sacred places to enhance their operational capacity, forge new community partnerships, and secure funding beyond their immediate congregations. Furthermore, they offer personalized support, collaborating with congregations to assess their community impact, facilitate sharing of space, increase fundraising efforts, and strengthen ties with local communities.
By fostering engagement and encouraging the adaptive reuse of these historic properties, Partners For Sacred Places not only preserves cultural heritage but also revitalizes communities, ensuring that religious spaces continue to serve vital roles in contemporary society.
This information is meant to be a general summary of Partners For Sacred Places 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: $79,273
- Program Service Revenue: $522,550
- Gross Receipts: $4,818,476
Assets and Liabilities:
- Total Assets: $11,046,622
- Total Liabilities: $8,857,753
- Net Assets: $2,188,869
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$522,550
Organization Details
Founding Year
1989
Phone
(215) 567-3234Principal Officer
A Robert Jaeger
Main Address
1700 SANSOM STREET 10TH FLR, PHILADELPHIA, PA, 19103
Website
www.sacredplaces.orgNTEE Category
Code: A82Z - Arts
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