Overview
What is Fallen Ash Senior Complex Inc?
Fallen Ash Senior Complex Inc is a nonprofit organization situated in Harrison, Arkansas. Their primary mission is to cater to the housing needs of low-income elderly individuals. They strive to provide suitable accommodations that cater to their unique requirements, aiming to enhance their health, security, and overall happiness. The organization's activities are centered around this mission, ensuring that the elderly population in their care lives with dignity and comfort.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Fallen Ash Senior Complex Inc has received a 73% rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization has demonstrated strong governance practices, including an entirely independent board and a low liabilities to assets ratio, indicating a solid financial footing. Notably, the program expense ratio is impressive at 77.56%, suggesting that a significant portion of expenditures directly supports its mission.
However, the nonprofit's weaknesses are evident in its lack of key policies, which could enhance transparency and accountability. Specifically, it does not have a conflict of interest policy, a whistleblower policy, or a document retention policy in place, all of which received zero points. Additionally, the absence of the tax form on the nonprofit’s website raises concerns regarding accessibility of important financial information.
Overall, while Fallen Ash Senior Complex Inc shows strengths in board independence and financial management, it has notable gaps in governance policies that could affect stakeholder trust and organizational effectiveness. Addressing these issues may help improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Fallen Ash Senior Complex Inc legitimate?
Fallen Ash Senior Complex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fallen Ash Senior Complex 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: $13,255
For more financial information, click here
What is the mission statement of Fallen Ash Senior Complex Inc?
Fallen Ash Senior Complex Inc's mission is centered around providing housing for low-income elderly individuals. The organization's primary goal is to create living spaces that cater to their specific needs. Beyond just providing housing, Fallen Ash Senior Complex Inc aims to enhance the elderly residents' health, security, and overall happiness. The organization's mission is to promote a sense of well-being and contentment in the lives of its elderly residents. It achieves this by designing and offering housing that suits their unique needs and circumstances.
What is the revenue of Fallen Ash Senior Complex Inc?
Fallen Ash Senior Complex Inc's revenue in 2023 was $98,606.
Who are the executives of Fallen Ash Senior Complex Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Fallen Ash Senior Complex Inc?
Fallen Ash Senior Complex Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fallen Ash Senior Complex Inc
Fallen Ash Senior Complex Inc is committed to serving the needs of low-income elderly individuals. Their mission is to provide housing that caters specifically to this demographic, with the goal of promoting their overall health, security, and happiness. By offering housing tailored to their needs, this organization aims to contribute positively to the well-being of its elderly residents, ensuring they live in an environment that suits their unique requirements.
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Impact
October, 2024
Fallen Ash Senior Complex Inc plays a crucial role in the community by providing affordable housing specifically tailored for low-income elderly individuals. This organization directly addresses the pressing need for accessible living options that cater to the unique requirements of seniors, promoting their health, security, and overall happiness.
By creating an environment that focuses on the well-being of elderly residents, Fallen Ash fosters a sense of community and belonging, which is vital for mental and emotional health. The housing not only meets physical needs but also helps alleviate social isolation, enabling seniors to connect with peers in a supportive setting. The commitment to meeting the needs of low-income seniors reflects a profound impact on enhancing their quality of life, ensuring that they have a safe and comfortable place to call home. This initiative contributes significantly to the well-being of the elderly population in Harrison, AR, and reinforces the importance of compassionate care and support for vulnerable community members.
This information is meant to be a general summary of Fallen Ash Senior Complex 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: $1,920
- Program Service Revenue: $56,652
- Gross Receipts: $98,606
Assets and Liabilities:
- Total Assets: $705,682
- Total Liabilities: $11,676
- Net Assets: $694,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$56,652
Organization Details
Founding Year
2000
Principal Officer
Brad Bailey
NTEE Category
Code: L21 - Housing
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