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Touch-Stone Solutions Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251713602 ✦ Meadville, PA ✦ Designated as a 501(c)(3)

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Overview

What is Touch-Stone Solutions Inc?

Touch-Stone Solutions Inc, based in Meadville, Pennsylvania, is a nonprofit organization dedicated to supporting individuals with developmental disabilities. Through contracts with mental health and mental retardation programs, Touch-Stone provides residential services, crisis intervention, and aid in helping these individuals reach their full potential in various aspects of their lives. As a nonprofit corporation, its purpose is to assist and empower individuals with developmental disabilities, thereby enhancing their overall quality of life. With a workforce of 87 employees, Touch-Stone Solutions demonstrates a commitment to improving lives and fostering inclusivity within the community.


Official website here: www.touch-stonesolutions.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star rating

Touch-Stone Solutions Inc has received a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The overall score is based solely on its accountability measures, indicating a solid commitment to transparency and responsible financial management. This high rating reflects effective governance practices, including a fully independent board and rigorous financial oversight.

The organization excels in several key areas, including a high percentage of program expenses allocated directly to its mission, with 82.46% of expenses dedicated to programs. Additionally, its financial health is demonstrated by a low liability-to-assets ratio of 3.63%, showcasing fiscal responsibility. Various policies are in place, such as conflict of interest and whistleblower policies, which enhance its operational integrity.

While the data indicates a strong performance, potential donors may want to investigate how funds are specifically utilized in programs and the overall impact of these programs on the community. Overall, Touch-Stone Solutions Inc appears to be a well-managed nonprofit with a focus on accountability and effective financial practices.


This AI summary has been generated from information found on Charity Navigator.

Is Touch-Stone Solutions Inc legitimate?

Touch-Stone Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Touch-Stone Solutions 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,034,475

For more financial information, click here


Official website here: www.touch-stonesolutions.org

What is the mission statement of Touch-Stone Solutions Inc?

Touch-Stone Solutions Inc, as a nonprofit organization, is dedicated to serving individuals with developmental disabilities. Its primary goal is to help these individuals reach their full potential in all facets of their lives. The organization provides various services, including family residential care, support, and crisis intervention, through contracts with mental health and mental retardation programs. Touch-Stone Solutions Inc aims to empower these individuals and assist them in overcoming their challenges, ultimately enhancing their quality of life.


Official website here: www.touch-stonesolutions.org

Who is the CEO of Touch-Stone Solutions Inc?

Nichole Guthrie is the Ceo of Touch-Stone Solutions Inc. The CEO's salary of Touch-Stone Solutions Inc is $84,366 and their total compensation is $84,366.


Official website here: www.touch-stonesolutions.org

What is the revenue of Touch-Stone Solutions Inc?

Touch-Stone Solutions Inc's revenue in 2022 was $6,635,514.


Official website here: www.touch-stonesolutions.org

Who are the executives of Touch-Stone Solutions Inc and what are their salaries?

The average compensation at Touch-Stone Solutions Inc during 2022 was $34,879. There are 87 employees at Touch-Stone Solutions Inc.


Here are 6 key members and their salaries (Touch-Stone Solutions Inc's CEO's salary is $84,366 and their total compensation is $84,366):


Nichole Guthrie (Ceo)
  • Compensation: $84,366
  • Related: $0
  • Other: $0
Dean Maynard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Mealy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Stefanucci (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Uzelac (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri White (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.touch-stonesolutions.org

Where can I find the form 990 for Touch-Stone Solutions Inc?

Touch-Stone Solutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.touch-stonesolutions.org

Learn more at the official website: www.touch-stonesolutions.org

Mission Statement of Touch-Stone Solutions Inc

Touch-Stone Solutions Inc, as a nonprofit corporation, is committed to serving individuals with developmental disabilities. Their mission is to help these individuals reach their full potential in all aspects of their lives. The organization provides various services to achieve this goal, including family residential services, support, and crisis intervention. Through contracts with mental health/mental retardation programs, Touch-Stone Solutions Inc offers a comprehensive approach to assisting individuals with developmental disabilities, ensuring they can lead fulfilling lives to the best of their abilities.

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Impact




October, 2024

Touch-Stone Solutions Inc has a profound impact on individuals with developmental disabilities by offering tailored services designed to help them thrive. The organization focuses on enhancing the quality of life for these individuals by providing family residential services, support, and crisis intervention. Through partnerships with mental health and mental retardation programs, Touch-Stone Solutions ensures that support is accessible and responsive to the unique needs of each person.

By facilitating opportunities for personal growth and development, Touch-Stone Solutions empowers individuals to reach their maximum potential across all aspects of their lives. Their commitment to humane and effective services not only fosters independence but also promotes social inclusion and dignity for those they serve. Operating out of Meadville, PA, their mission reflects a dedication to building a supportive community where individuals with developmental disabilities can flourish.




This information is meant to be a general summary of Touch-Stone Solutions 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.

Revenue
$6,635,514 (2022)
Expenses
$5,131,826 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,175
  • Program Service Revenue: $193,746
  • Gross Receipts: $6,635,514

Assets and Liabilities:

  • Total Assets: $6,295,757
  • Total Liabilities: $128,699
  • Net Assets: $6,167,058

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ROOM AND BOARD

Revenue

$193,746

Organization Details

Founding Year

1993

Principal Officer

Nichole Guthrie

Main Address

11176 MURRAY ROAD, MEADVILLE, PA, 16335

NTEE Category

Code: P80 - Human services

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