Overview
What is Sierra Saving Grace Homeless Project?
Sierra Saving Grace Homeless Project is a dedicated nonprofit organization that focuses on offering temporary or supportive housing solutions to chronically homeless and medically vulnerable individuals and families. With 89 units, they currently accommodate 211 individuals, providing them with financial assistance for rent, utilities, and related expenses. Their primary mission is to offer a supportive environment for those in need, aiming to improve their living conditions and promote overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37%, Zero-Star out of Four Star rating.
Sierra Saving Grace Homeless Project has received a low score reflecting significant concerns in various aspects of its accountability and finance. The charity's score is driven entirely by a lack of independent board members and missing financial statements, which are crucial for transparency. Notably, the organization has not implemented key policies related to conflicts of interest and whistleblower protection, which further diminishes its accountability.
Despite these issues, the organization does show a strong program expense ratio at 94.28%, indicating that a significant portion of its funds is directed towards its programs. However, the lack of independent oversight and missing documentation raises red flags regarding its overall governance and financial health. The absence of a website listed on tax forms and other necessary documentation limits potential donors' ability to evaluate the charity's operations effectively.
Overall, while Sierra Saving Grace Homeless Project may be dedicated to its mission, its financial practices and governance structures require substantial improvement to garner trust and support from the community and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Sierra Saving Grace Homeless Project legitimate?
Sierra Saving Grace Homeless Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sierra Saving Grace Homeless Project 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: $67,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,199
For more financial information, click here
What is the mission statement of Sierra Saving Grace Homeless Project?
The Sierra Saving Grace Homeless Project is dedicated to offering temporary or supportive housing solutions for chronically homeless individuals and families who have significant medical needs. By providing housing, the project covers their rent, utilities, and associated expenses for 211 individuals residing in 89 units. The project's primary objective is to assist these vulnerable individuals in regaining stability and improving their overall well-being.
Who is the CEO of Sierra Saving Grace Homeless Project?
Fredrick Carroll is the Chairman of Sierra Saving Grace Homeless Project.
What is the revenue of Sierra Saving Grace Homeless Project?
Sierra Saving Grace Homeless Project's revenue in 2022 was $868,430.
Who are the executives of Sierra Saving Grace Homeless Project and what are their salaries?
The average compensation at Sierra Saving Grace Homeless Project during 2022 was $41,832. There are 8 employees at Sierra Saving Grace Homeless Project.
Here are 6 key members and their salaries:
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- Other: $0
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- Compensation: $67,455
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- Other: $0
Where can I find the form 990 for Sierra Saving Grace Homeless Project?
Sierra Saving Grace Homeless Project's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sierra Saving Grace Homeless Project
Sierra Saving Grace Homeless Project is committed to making a significant impact in the lives of chronically homeless and medically needy individuals and families. Their mission is to provide temporary or supportive housing solutions, offering these vulnerable individuals a safe and stable environment. By housing 211 individuals in 89 units, the project covers their rent, utilities, and related expenses, thereby alleviating some of the burdens they face. In doing so, Sierra Saving Grace Homeless Project aims to contribute to their overall well-being and help them regain a sense of normalcy.
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Impact
October, 2024
Sierra Saving Grace Homeless Project significantly impacts the community by addressing the urgent needs of chronically homeless and medically vulnerable individuals and families. By providing temporary or supportive housing, the project helps ensure stable living conditions for 211 individuals across 89 units. This initiative covers essential expenses such as rent and utilities, alleviating financial burdens and promoting a sense of security.
The project's targeted approach not only aids in housing stability but also provides individuals and families with a foundation to begin accessing necessary medical care and support services. By fostering a stable living environment, Sierra Saving Grace contributes to breaking the cycle of homelessness, improving the overall well-being of participants and enhancing the fabric of the Merced community.
This information is meant to be a general summary of Sierra Saving Grace Homeless Project. 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: $4
- Gross Receipts: $868,430
Assets and Liabilities:
- Total Assets: $2,240,726
- Total Liabilities: $2,213,217
- Net Assets: $27,509
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Organization Details
Founding Year
2010
Phone
(209) 626-5660Principal Officer
Fredrick Carroll
Main Address
PO BOX 1301, MERCED, CA, 95341
NTEE Category
Code: L40 - Housing
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