Overview
What is Ardmore Foundation Inc?
Ardmore Foundation Inc., established in 1990, is a nonprofit organization based in Akron, Ohio. Its primary objective is to support Ardmore Inc., another nonprofit organization, which provides assistance to individuals with developmental disabilities. Ardmore Foundation Inc. owns and manages two commercial buildings, leasing them to Ardmore Inc. for office space and an adult day-care facility. Moreover, the foundation contributes funds to Ardmore Inc. to help its clients in need. The foundation's mission aligns with Ardmore Inc.'s objective, ensuring the continuity and enhancement of services for individuals with developmental disabilities.
Official website here: www.ardmoreinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Ardmore Foundation Inc has received a strong 97% rating from Charity Navigator, indicating a high level of accountability and financial health. This score is entirely based on a single beacon concerning accountability and finance, showcasing the organization's commitment to transparency and responsible management of resources.
One of the organization's notable strengths is its fully independent board, scoring a perfect 10 out of 10 for majority independent board members. Additionally, the foundation has established robust policies, including conflict of interest and whistleblower protections. With program expenses comprising 84.11% of its total expenditures, Ardmore Foundation demonstrates a clear focus on its mission and effective use of funds.
However, while the foundation's financial metrics appear commendable, the overall rating reflects solely its accountability and finance category. The absence of information on program impact or community feedback may limit a comprehensive understanding of its effectiveness in achieving its stated goals.
This AI summary has been generated from information found on Charity Navigator.
Is Ardmore Foundation Inc legitimate?
Ardmore Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ardmore Foundation 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.ardmoreinc.org
What is the mission statement of Ardmore Foundation Inc?
The Ardmore Foundation Inc., established in September 1990, was primarily formed to support Ardmore Inc., a non-profit organization that caters to individuals with developmental disabilities. The Foundation's role involves managing commercial properties, which it leases to Ardmore Inc. for use as office spaces and an adult day-care facility. Furthermore, the Ardmore Foundation Inc. also extends financial aid to Ardmore Inc., to assist its clients who are in need. The primary objective of the Foundation is to operate exclusively for the benefit of Ardmore Inc. and the individuals it serves.
Official website here: www.ardmoreinc.org
Who is the CEO of Ardmore Foundation Inc?
Fred Strelbicki is the Executive Director of Ardmore Foundation Inc.
Official website here: www.ardmoreinc.org
What is the revenue of Ardmore Foundation Inc?
Ardmore Foundation Inc's revenue in 2022 was $175,057.
Official website here: www.ardmoreinc.org
Who are the executives of Ardmore Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $7,200
- 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.ardmoreinc.org
Where can I find the form 990 for Ardmore Foundation Inc?
Ardmore Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ardmoreinc.org
Learn more at the official website: www.ardmoreinc.org
Mission Statement of Ardmore Foundation Inc
Ardmore Foundation, established in September 1990, is a non-profit organization with a primary mission to serve and support Ardmore, Inc., a fellow non-profit that caters to individuals with developmental disabilities. The Foundation's role is multifaceted, encompassing the ownership and maintenance of commercial properties that are leased to Ardmore, Inc. for their use as office spaces and an adult day-care facility. Beyond this, Ardmore Foundation also extends financial aid to Ardmore, Inc., providing resources to enhance the assistance it offers to its clients with developmental disabilities. In essence, Ardmore Foundation's mission is to bolster the capabilities and services of Ardmore, Inc., thereby benefiting individuals with developmental disabilities.
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Impact
October, 2024
Ardmore Foundation Inc significantly enhances the lives of individuals with developmental disabilities in Akron, Ohio, through strategic support and resource allocation. By owning and leasing commercial buildings to Ardmore, Inc., it provides essential facilities for administrative functions and adult day-care services. This setup ensures that Ardmore, Inc. can focus on delivering high-quality services to its clients.
Moreover, by providing financial contributions to Ardmore, Inc., Ardmore Foundation Inc directly impacts the quality of care and support available to individuals with developmental disabilities. These funds help facilitate programs and services that cater to the unique needs of these individuals, fostering an inclusive environment where they can thrive. Through its operational structure and financial support, Ardmore Foundation Inc plays a crucial role in empowering those served by Ardmore, Inc., contributing to their overall development and well-being.
This information is meant to be a general summary of Ardmore Foundation 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: $81,468
- Program Service Revenue: $85,064
- Gross Receipts: $175,057
Assets and Liabilities:
- Total Assets: $1,325,129
- Total Liabilities: $349,002
- Net Assets: $976,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental revenue
Revenue
$85,064
Organization Details
Founding Year
1990
Phone
(330) 535-2601Principal Officer
Fred Strelbicki
Main Address
981 E Market Street, Akron, OH, 44305
Website
www.ardmoreinc.orgNTEE Category
Code: T30 - Philanthropy
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