Overview
What is Kelly Foundation For Senior Living Inc?
Kelly Foundation for Senior Living Inc is a nonprofit organization situated in Buchanan, Georgia. Their primary mission is to offer affordable and high-quality assisted living services that promote independence and socialization for senior citizens. The organization successfully constructed a 28,000 sq. ft. facility, obtaining the necessary licenses and certifying staff members in their respective fields. Upon its opening in 2012, the Kelly Foundation welcomed six residents and eventually accommodated nine senior residents in Haralson County by the end of that year. Currently, the nonprofit provides care for approximately 23 elderly individuals, emphasizing their commitment to serving the senior community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%
The Kelly Foundation For Senior Living Inc has received a low rating of 35% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This score highlights significant concerns regarding accountability and financial practices within the organization, including a complete absence of independent board members and missing essential governance policies. Furthermore, the organization has not provided financial statements, making it difficult to assess its financial health and transparency.
Despite a relatively high program expense ratio of 87.62%, indicating that a large portion of expenses is directed towards programs, the foundation's liabilities exceed its assets significantly, with a ratio of 145.62%. The lack of independent oversight and missing board meeting minutes raise red flags about the organization's governance and operational practices.
Overall, while the Kelly Foundation demonstrates commitment to its programs, the absence of critical financial documentation and governance policies points to a lack of accountability. Prospective donors and stakeholders should approach with caution and seek further information before contributing to or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kelly Foundation For Senior Living Inc legitimate?
Kelly Foundation For Senior Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kelly Foundation For Senior Living 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: $62,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,250
For more financial information, click here
What is the mission statement of Kelly Foundation For Senior Living Inc?
The mission of Kelly Foundation For Senior Living Inc, as stated, is to offer affordable and high-quality assisted living services that encourage independence and socialization for senior citizens. Upon achieving this, the foundation constructed a 28,000 sq. ft. facility, obtained necessary licenses, and hired certified staff. The foundation's assisted living community opened its doors in 2012, providing a home for nine Haralson County seniors in need. As of now, the foundation serves approximately 23 senior residents.
Who is the CEO of Kelly Foundation For Senior Living Inc?
Joseph B Kelly is the President of Kelly Foundation For Senior Living Inc.
What is the revenue of Kelly Foundation For Senior Living Inc?
Kelly Foundation For Senior Living Inc's revenue in 2021 was $737,396.
Who are the executives of Kelly Foundation For Senior Living Inc and what are their salaries?
The average compensation at Kelly Foundation For Senior Living Inc during 2021 was $7,307. There are 48 employees at Kelly Foundation For Senior Living Inc.
Here are 2 key members and their salaries:
- Compensation: $62,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kelly Foundation For Senior Living Inc?
Kelly Foundation For Senior Living Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Kelly Foundation For Senior Living Inc
The Kelly Foundation for Senior Living Inc is committed to offering affordable assisted living services to senior citizens, promoting independence and socialization. Their mission is centered around providing a high-quality living environment that encourages seniors to maintain their autonomy while also fostering social interactions. This nonprofit organization strives to ensure that their services are not only effective but also accessible to a wide range of senior individuals, making it a viable option for those in need of assistance. Upon completion of construction, the foundation obtained the necessary licenses and certified its staff in their respective fields, demonstrating their dedication to providing top-notch care. With the opening of their facility, the Kelly Foundation for Senior Living Inc welcomed its first residents, ultimately providing a home for nine Haralson County senior citizens in need of assisted living services by the end of that year. Currently, the foundation serves approximately 23 residents, continuing to uphold its mission of offering affordable and supportive living arrangements for senior citizens, enabling them to maintain their independence and engage in social activities.
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Impact
October, 2024
Kelly Foundation for Senior Living Inc. significantly enhances the quality of life for seniors by providing quality assisted living services that promote both independence and socialization. By establishing a 28,000 sq. ft. assisted living community in Buchanan, GA, the foundation has created a welcoming environment that caters specifically to the needs of older adults.
The foundation successfully met its construction goals and obtained the necessary state licensing, ensuring that the facility operates within regulatory standards. Since its opening on November 12, 2012, it has consistently welcomed residents, starting with six individuals and growing to accommodate approximately 23 seniors today.
The focus on affordability allows seniors to access vital support and services without financial strain, fostering a community where they can thrive. The foundation places emphasis on credentialing its staff in specialized fields, ensuring high-quality care. Through its commitment to enhancing the lives of residents, the Kelly Foundation fosters a sense of community and belonging while encouraging an active and engaging lifestyle. This impact resonates throughout Haralson County, providing essential resources and a nurturing space for seniors in need.
This information is meant to be a general summary of Kelly Foundation For Senior Living 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 2021.
- Investment Income: $3
- Program Service Revenue: $659,255
- Gross Receipts: $737,396
Assets and Liabilities:
- Total Assets: $3,404,360
- Total Liabilities: $4,957,453
- Net Assets: -$1,553,093
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Organization Details
Founding Year
2010
Phone
(770) 646-7777Principal Officer
Joseph B Kelly
Main Address
4083 BUSINESS 27, BUCHANAN, GA, 30113
NTEE Category
Code: L22 - Housing
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