Overview
What is The Simple Way?
The Simple Way is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 3234 Potter Street, 19134. Committed to its mission of fostering love for God, people, and Jesus, it engages in various community support initiatives. These activities encompass food distribution, providing low-rent housing, organizing neighborhood events and celebrations, offering scholarship assistance, and offering emergency aid in the Kensington neighborhood of Philadelphia. The organization's reach extends beyond these programs, aiming to connect and inspire individuals and groups globally. With a team of nine dedicated employees, The Simple Way strives to create a positive impact in its community.
Official website here: www.thesimpleway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Simple Way has received a strong rating of 88%, reflecting its effective use of resources and commitment to accountability. With an Accountability & Finance Score of 84 and a remarkable Culture & Community Score of 97, the organization demonstrates a sound financial management strategy alongside an inclusive and supportive community environment. Its leadership is particularly noteworthy, achieving a perfect score in Leadership & Adaptability, indicating robust governance and operational flexibility.
The nonprofit's financial health is reflected in a Program Expense Ratio of 84.67%, which shows that a significant portion of its expenses directly supports its mission-driven programs. The organization maintains a low Liabilities to Assets Ratio of 2.04%, highlighting its financial stability. Furthermore, the board is composed entirely of independent members, ensuring impartiality in oversight and decision-making.
Feedback collection and utilization scores are both at 100, showcasing The Simple Way's commitment to engaging with stakeholders and integrating their insights into its operations. Overall, while the organization exhibits strong performance in various metrics, continuous evaluation of adaptability in changing environments will be critical for sustaining its high standards.
This AI summary has been generated from information found on Charity Navigator.
Is The Simple Way legitimate?
The Simple Way is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Simple Way 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: $37,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,739
For more financial information, click here
Official website here: www.thesimpleway.org
What is the mission statement of The Simple Way?
The mission of The Simple Way is centered around inspiring and facilitating the spread of a message encouraging love for God, love for people, and following Jesus. This organization aims to foster such a message among individuals and groups globally, in various neighborhoods. In addition to their mission, The Simple Way provides assistance to individuals and organizations through various programs, such as food distribution, low-rent housing, neighborhood events, scholarship assistance, and emergency support. These initiatives are all geared towards realizing the organization's broader mission.
Official website here: www.thesimpleway.org
What is the revenue of The Simple Way?
The Simple Way's revenue in 2023 was $805,664.
Official website here: www.thesimpleway.org
Who are the executives of The Simple Way and what are their salaries?
The average compensation at The Simple Way during 2023 was $18,795. There are 9 employees and 9 volunteers at The Simple Way.
Here are 7 key members and their salaries:
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- Compensation: $31,300
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- Other: $6,115
Official website here: www.thesimpleway.org
Where can I find the form 990 for The Simple Way?
The Simple Way's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thesimpleway.org
Learn more at the official website: www.thesimpleway.org
Mission Statement of The Simple Way
The Simple Way is an organization dedicated to inspiring and fostering a message of love for God, love for people, and following Jesus in neighborhoods worldwide. Their mission involves creating, connecting, and forming communities to spread this message effectively. They accomplish this by providing various assistance programs, aiming to support individuals and organizations in furtherance of their mission.
One of The Simple Way's primary initiatives is community support in the Kensington neighborhood of Philadelphia. This includes food distribution, offering low-rent housing, organizing neighborhood events and celebrations, providing scholarship assistance, and offering emergency support for those in need. Through these programs, The Simple Way seeks to uplift and empower local communities while promoting their core values.
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Impact
July, 2024
The Simple Way's impact is felt through its community support programs in the Kensington neighborhood of Philadelphia. These programs include food distribution, low-rent housing, neighbors events and celebrations, scholarship assistance, and emergency support. Through these initiatives, The Simple Way is able to create, connect, form, and inspire individuals and organizations to spread a message of loving God, loving people, and following Jesus. This impactful work contributes to the betterment of neighborhoods and the lives of those in need.
This information is meant to be a general summary of The Simple Way. 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.
- Program Service Revenue: $16,093
- Gross Receipts: $812,968
Assets and Liabilities:
- Total Assets: $651,645
- Total Liabilities: $13,391
- Net Assets: $638,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$10,093
RESIDENTIAL REAL PROPERTY
Revenue
$6,000
Organization Details
Founding Year
1997
Principal Officer
Carolyn Tod-Pearson
Website
www.thesimpleway.orgNTEE Category
Code: P20 - Human services
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