Overview
What is Eldersource Inc?
Eldersource Inc is a nonprofit organization that plays a crucial role in supporting other 501(c)(3) entities. Its mission is to offer guidance and supervision to these affiliated organizations, which primarily focus on raising funds and providing services aimed at enhancing the lives of elderly individuals and their caregivers. Eldersource Inc serves as a guiding force, ensuring these entities successfully achieve their goals and contribute positively to the well-being of the elderly community and their caregivers.
Official website here: www.myeldersource.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (57%)
Eldersource Inc received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is based entirely on its accountability and finance metrics, which reflect a worrying performance, particularly in the area of program expenses relative to total expenses.
The organization demonstrates strong governance practices, such as having a fully independent board and a comprehensive set of policies in place. It scored perfectly in several areas, including board independence and the existence of essential governance policies like conflict of interest and whistleblower protections. However, these positives are overshadowed by its poor financial ratios, particularly the program expense ratio of just 0.22%, suggesting minimal funding is directed towards its actual programming.
Moreover, the charity has a concerning liabilities-to-assets ratio of 0.66%, indicating potential financial instability. While the organization adheres to several best practices in governance, these shortcomings in financial responsibility raise significant questions about its overall effectiveness and sustainability in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Eldersource Inc legitimate?
Eldersource Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eldersource 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: $0
For more financial information, click here
Official website here: www.myeldersource.org
What is the mission statement of Eldersource Inc?
Eldersource Inc's mission is centered around offering guidance and supervision to affiliated non-profit organizations. These organizations have the primary goal of raising funds and providing essential services to enhance the lives of elderly individuals and their caregivers. The mission of Eldersource Inc itself is to ensure these organizations operate effectively, thereby positively impacting the well-being of the elderly population and their caretakers.
Official website here: www.myeldersource.org
What is the revenue of Eldersource Inc?
Eldersource Inc's revenue in 2023 was $50,240.
Official website here: www.myeldersource.org
Who are the executives of Eldersource Inc and what are their salaries?
There 9 volunteers at Eldersource Inc.
Here are 10 key members and their salaries:
- 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
- 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: $166,705
- Other: $0
Official website here: www.myeldersource.org
Where can I find the form 990 for Eldersource Inc?
Eldersource Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.myeldersource.org
Learn more at the official website: www.myeldersource.org
Mission Statement of Eldersource Inc
Eldersource Inc, as a guiding entity, focuses its mission on supporting affiliated 501(c)(3) organizations. The primary objective of these associated nonprofits is to raise funds and offer services aimed at enhancing the quality of life for elders and their caregivers. In essence, Eldersource Inc serves as a guiding light, ensuring that these organizations stay true to their purpose of making a positive impact on the elderly and their caretakers.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Eldersource Inc's impact lies in providing guidance and oversight to affiliated 501(c)(3) entities dedicated to raising funds and delivering services that enhance the lives of elders and their caregivers. By facilitating these efforts, Eldersource Inc plays a crucial role in improving the well-being and care of the elderly population in Jacksonville, Florida, and beyond. Their focused mission on human services directly translates into tangible support and assistance for seniors and those who look after them, making a positive difference in the community.
This information is meant to be a general summary of Eldersource 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 2023.
- Investment Income: $6
- Gross Receipts: $70,468
Assets and Liabilities:
- Total Assets: $988,229
- Total Liabilities: $234,440
- Net Assets: $753,789
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2009
Principal Officer
Linda Levin
Website
www.myeldersource.orgNTEE Category
Code: P81 - Human services
If you are a representative of Eldersource Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.