Overview
What is 3L Place Inc?
3L Place Inc, located at 212 Holland Street, Somerville, MA 02144, is a nonprofit organization dedicated to supporting adults with developmental disabilities. Their mission is to empower young adults with autism and other related conditions, enabling them to realize their individual potential, pursue their interests, and live fulfilling lives within their community. To achieve this, 3L Place offers educational programming and community-building initiatives through their Education and Learning Institute. This nonprofit employs a team of 11 individuals, demonstrating their commitment to making a meaningful impact in the lives of those they serve.
Official website here: www.3lplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
3L Place Inc has achieved an impressive overall rating of 94%, reflecting a strong commitment to accountability and financial management. The charity's score is derived entirely from its Accountability & Finance metrics, which are notably robust, indicating responsible usage of funds and transparency in operations.
The organization boasts a fully independent board, with 100% of its members meeting the independence criteria. This governance structure, along with a solid performance in financial oversight and absence of material asset diversion, underscores the nonprofit's dedication to ethical practices. The presence of comprehensive policies, including conflict of interest and whistleblower protections, enhances its credibility further.
However, while the program expense ratio of 68.26% is commendable, it indicates that a portion of funds does not go directly to programs and services. The organization may benefit from ongoing efforts to increase this ratio to ensure even more resources are allocated to its mission-driven activities. Overall, 3L Place Inc demonstrates a high standard of accountability and governance, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is 3L Place Inc legitimate?
3L Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 3L Place 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: $157,655
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,672
For more financial information, click here
Official website here: www.3lplace.org
What is the mission statement of 3L Place Inc?
3L Place Inc's mission is focused on empowering young adults with autism and other developmental disabilities. The organization aims to help these individuals realize their full potential, pursue their interests, and lead fulfilling lives within their communities. To achieve this, 3L Place Inc offers educational and learning programs, and through community building, they strive to support adults with developmental disabilities to lead meaningful lives.
Official website here: www.3lplace.org
Who is the CEO of 3L Place Inc?
Robert Beckett is the Treasurer of 3L Place Inc.
Official website here: www.3lplace.org
What is the revenue of 3L Place Inc?
3L Place Inc's revenue in 2022 was $764,576.
Official website here: www.3lplace.org
Who are the executives of 3L Place Inc and what are their salaries?
The average compensation at 3L Place Inc during 2022 was $34,757. There are 11 employees and 2 volunteers at 3L Place Inc.
Here are 7 key members and their salaries:
- Compensation: $94,912
- Related: $0
- Other: $6,174
- Compensation: $83,374
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.3lplace.org
Where can I find the form 990 for 3L Place Inc?
3L Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.3lplace.org
Learn more at the official website: www.3lplace.org
Mission Statement of 3L Place Inc
3L Place Inc, a nonprofit organization, is committed to empowering young adults with autism and other developmental disabilities. Their mission is to help these individuals reach their full potential, pursue their passions, and live fulfilling lives within their community. Through educational programming and community building, 3L Place Inc strives to support adults with developmental disabilities, enabling them to lead meaningful lives in their community.
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Impact
October, 2024
3L Place Inc empowers young adults with autism and other developmental disabilities to unlock their individual potential, pursue their passions, and lead fulfilling lives within their communities. Through its Education and Learning Institute program, 3L Place fosters personal growth by providing tailored educational programming that encourages skill development and self-advocacy. By focusing on community building and support, 3L Place helps individuals transition into meaningful roles, enhancing their quality of life and promoting inclusivity in Somerville, MA, and beyond. This impact not only transforms the lives of participants but also enriches the broader community by fostering understanding and acceptance of diverse abilities.
This information is meant to be a general summary of 3L Place 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: $40
- Program Service Revenue: $343,080
- Gross Receipts: $764,576
Assets and Liabilities:
- Total Assets: $633,049
- Total Liabilities: $267,794
- Net Assets: $365,255
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service fees
Revenue
$342,691
Other revenues
Revenue
$389
Organization Details
Founding Year
2009
Principal Officer
Robert Beckett
Main Address
212 Holland Street, Somerville, MA, 02144
Website
www.3lplace.orgNTEE Category
Code: B19 - Education
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