Overview
What is Grayson Grand Central Station?
Grayson Grand Central Station is a nonprofit organization situated in Sherman, Texas. Their primary mission is to alleviate the impact of resource constraints for individuals in need. They accomplish this by operating a soup kitchen that serves hot lunches five days a week and prepares sack lunches on Saturdays. Additionally, they have a food pantry that distributes food and is supported by 4,873 volunteer hours. Furthermore, they offer a program to provide weekend meals for children, distributing around 17,927 bags during the school year. The organization strives to serve a total of 36,688 meals annually and benefits from the dedication of 7,480 volunteer hours. Overall, Grayson Grand Central Station aims to support the community by addressing food insecurity and providing essential resources to those in need.
Official website here: www.grandcentralsherman.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Grayson Grand Central Station has achieved a strong rating of 88%, indicating a solid level of accountability and financial health. This score is based entirely on its Accountability & Finance, which demonstrates the organization’s commitment to transparency and responsible management of its funds. The majority of board members are independent, and the organization has a robust audit and oversight committee, contributing to its positive evaluation.
The nonprofit shows a high program expense ratio of 93.92%, meaning that most of its expenditures go directly toward its programs rather than administrative costs. Furthermore, it has no reported material diversion of assets, which reflects good governance practices. However, the organization is missing a whistleblower policy and a document retention and destruction policy, which might indicate areas for improvement in its governance.
Overall, Grayson Grand Central Station is performing well in terms of accountability and finance, with strong ratings in independent board membership and financial management. While there are a couple of governance policies that could enhance its operational framework, the charity’s focus on program spending and transparency stands out positively.
This AI summary has been generated from information found on Charity Navigator.
Is Grayson Grand Central Station legitimate?
Grayson Grand Central Station is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grayson Grand Central Station 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: $52,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,508
For more financial information, click here
Official website here: www.grandcentralsherman.com
What is the mission statement of Grayson Grand Central Station?
Grayson Grand Central Station's mission is centered around alleviating the impact of limited resources for those in need. They accomplish this by operating a soup kitchen, providing a choice food pantry, and distributing school supplies and meal packages during the weekends for children during the school year. The organization also engages volunteers, with over 7,480 hours contributed in 20XX, to support these initiatives. Additionally, their food pantry distributes a significant amount of food, totaling 302,121 pounds in 20XX, to assist those in need.
Official website here: www.grandcentralsherman.com
Who is the CEO of Grayson Grand Central Station?
Katiebeth Worrell is the President Board Member of Grayson Grand Central Station.
Official website here: www.grandcentralsherman.com
What is the revenue of Grayson Grand Central Station?
Grayson Grand Central Station's revenue in 2022 was $1,718,849.
Official website here: www.grandcentralsherman.com
Who are the executives of Grayson Grand Central Station and what are their salaries?
The average compensation at Grayson Grand Central Station during 2022 was $11,511. There are 10 employees and 200 volunteers at Grayson Grand Central Station.
Here are 17 key members and their salaries:
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Official website here: www.grandcentralsherman.com
Where can I find the form 990 for Grayson Grand Central Station?
Grayson Grand Central Station's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grandcentralsherman.com
Learn more at the official website: www.grandcentralsherman.com
Mission Statement of Grayson Grand Central Station
Grayson Grand Central Station, a nonprofit organization, is committed to alleviating the impact of limited resources for those in need. It accomplishes this mission through various initiatives. The primary focus is a soup kitchen that serves hot lunches five days a week and provides a sack lunch on Saturdays for pickup. Additionally, the organization operates a choice food pantry, where individuals can select their own groceries to take home. Furthermore, Grayson Grand Central Station extends its support to schools and children by providing school supplies and children's meal packages during the school year on weekends. In 20XX, the organization served a total of 36,688 meals, offered 4,873 volunteer hours at the food pantry, and distributed 302,121 pounds of food through the pantry service. The weekend food program provided 17,927 bags to children in need.
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Impact
October, 2024
Grayson Grand Central Station significantly impacts the community by addressing food insecurity and providing essential resources to those in need. By operating a soup kitchen that serves hot lunches five days a week and preparing sack lunches for weekends, the facility ensures that individuals and families have access to nutritious meals regularly. In total, they served 36,688 meals within a given timeframe, highlighting their commitment to alleviating hunger in Sherman, TX.
Additionally, the choice food pantry has played a crucial role in supporting the community by distributing over 302,121 pounds of food, allowing individuals to select items that best meet their dietary needs. The efforts of 4,873 volunteers underscore the community spirit and engagement in supporting these initiatives.
Another vital program is the weekend food assistance for children, which provided 17,927 bags to students during the school year. This initiative helps ensure that children have food over weekends, combating the challenges of limited resources for families.
Overall, Grayson Grand Central Station fosters community resilience by reducing food insecurity, promoting health and well-being, and mobilizing volunteers to contribute their time and skills towards a critical social issue.
This information is meant to be a general summary of Grayson Grand Central Station. 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: $278
- Gross Receipts: $1,719,262
Assets and Liabilities:
- Total Assets: $1,758,698
- Total Liabilities: $88,948
- Net Assets: $1,669,750
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Organization Details
Founding Year
2008
Phone
(903) 814-8718Principal Officer
Katiebeth Worrell
Main Address
PO Box 3173, Sherman, TX, 75091
Website
www.grandcentralsherman.comNTEE Category
Code: K30 - Food
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