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29 Acres Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 275537523 ✦ Cross roads, TX ✦ Designated as a 501(c)(3)

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Overview

What is 29 Acres Inc?

29 Acres Inc is a nonprofit organization situated in Cross Roads, Texas, with a significant workforce of 197 individuals. Their primary mission is to enhance the quality of life for adults with Autism Spectrum Disorder. They achieve this by establishing a vibrant living community, enriched with tailored programming. This dynamic environment empowers every individual to live with purpose and joy. Their services extend beyond basic housing, offering enrichment programs, a Transition Academy, summer experiences, and vocational opportunities. This holistic approach aims to support adults with Autism Spectrum Disorder in leading fulfilling lives.


Official website here: www.29acres.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)

29 Acres Inc has received a commendable 88% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The score is based solely on the Accountability & Finance beacon, showcasing the organization's effectiveness in managing its resources. A significant strength noted is the high percentage of independent board members, which promotes transparency and governance.

The nonprofit excels in various financial metrics, including a program expense ratio of 86.47%, indicating that a majority of its funds are directed toward its programs. Additionally, the organization has demonstrated sound financial oversight with no material diversion of assets reported, reinforcing trust in its fiscal management. Furthermore, the presence of an audit and oversight committee adds an additional layer of accountability.

However, it is important to note that 29 Acres Inc is missing a whistleblower policy and document retention and destruction policy, which can be seen as areas for improvement in their governance practices. Despite these limitations, the overall rating and the strengths highlighted indicate that the organization is effectively managing its resources and upholding its mission.


This AI summary has been generated from information found on Charity Navigator.

Is 29 Acres Inc legitimate?

29 Acres Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 29 Acres 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: $171,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,318,180

For more financial information, click here


Official website here: www.29acres.org

What is the mission statement of 29 Acres Inc?

29 Acres Inc's mission is centered around improving the lives of adults with Autism Spectrum Disorder. They strive to achieve this by establishing a vibrant living community, enriched with tailored programs. This environment empowers each resident to live with purpose and experience joy. The organization offers various programs such as enrichment activities, a transition academy, summer experiences, and vocational opportunities, all aimed at fostering personal growth and independence.


Official website here: www.29acres.org

Who is the CEO of 29 Acres Inc?

Debra Caudy is the President/Ceo of 29 Acres Inc. The CEO's salary of 29 Acres Inc is $12,067 and their total compensation is $19,970.


Official website here: www.29acres.org

What is the revenue of 29 Acres Inc?

29 Acres Inc's revenue in 2022 was $5,890,483.


Official website here: www.29acres.org

Who are the executives of 29 Acres Inc and what are their salaries?

The average compensation at 29 Acres Inc during 2022 was $17,715. There are 197 employees and 60 volunteers at 29 Acres Inc.


Here are 14 key members and their salaries (29 Acres Inc's CEO's salary is $12,067 and their total compensation is $19,970):


Debra Caudy Md (President/Ceo)
  • Compensation: $12,067
  • Related: $0
  • Other: $7,903
Douglas J Bartek (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Bailey Hibbitts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Yeeda (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Soderstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gentry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Prewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Schieber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Foley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Basson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nika Arastoupour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridgette Fox Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Mckay (Chief Operating Officeer)
  • Compensation: $118,494
  • Related: $0
  • Other: $6,366
Clayton Hollingsworth (Chief Advancement Ofcr, Fmr 11-2022)
  • Compensation: $151,673
  • Related: $0
  • Other: $0


Official website here: www.29acres.org

Where can I find the form 990 for 29 Acres Inc?

29 Acres Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.29acres.org

Learn more at the official website: www.29acres.org

Mission Statement of 29 Acres Inc

29 Acres Inc, a nonprofit organization, is dedicated to enhancing the lives of adults with Autism Spectrum Disorder. Through its mission, the organization strives to establish a vibrant housing community that is tailored to the unique needs of these individuals. This community is enriched with specialized programming, designed to empower each resident to live with a sense of purpose and joy. The goal is to create an environment where every adult can thrive and lead fulfilling lives. The programs offered by 29 Acres Inc include Enrichment, Transition Academy, Summer Experience, and Vocational initiatives, all aimed at providing holistic support and personal growth opportunities for its residents.

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Impact




October, 2024

29 Acres Inc significantly enhances the quality of life for adults with Autism Spectrum Disorder by fostering a vibrant housing community tailored to their unique needs. Through programs such as Enrichment, Transition Academy, Summer Experience, and Vocational training, individuals are provided with opportunities for personal growth, skill development, and social engagement. This innovative approach empowers residents to lead fulfilling lives with purpose and joy, cultivating a sense of belonging and community in Cross Roads, Texas. The organization’s commitment to customized programming ensures that each person's aspirations are supported, leading to improved well-being and enhanced self-sufficiency.




This information is meant to be a general summary of 29 Acres 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.

Revenue
$5,890,483 (2022)
Expenses
$5,911,948 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,795
  • Program Service Revenue: $4,496,036
  • Gross Receipts: $6,039,621

Assets and Liabilities:

  • Total Assets: $16,486,263
  • Total Liabilities: $8,228,151
  • Net Assets: $8,258,112

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$3,571,751

COMMUNITY FEES

Revenue

$901,781

MISCELLANEOUS INCOME

Revenue

$22,504

Organization Details

Founding Year

2014

Principal Officer

Debra Caudy

Main Address

3000 MOSELEY ROAD, CROSS ROADS, TX, 76227

NTEE Category

Code: G84 - Disease

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