Overview
What is Mended Reeds Inc?
Mended Reeds Inc is a nonprofit organization based in Ironton, Ohio, with a postal address at PO Box 108. Their primary mission is to provide and facilitate programs and services for youth, particularly those considered troubled. This may involve establishing and operating facilities specifically designed for these individuals. With a dedicated workforce of 17 employees, Mended Reeds Inc is committed to supporting and assisting troubled youth, aiming to enhance their well-being and guide them towards a more positive future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Mended Reeds Inc has received a high rating of 94% from Charity Navigator, highlighting its strong accountability and finance management. The organization has demonstrated an exemplary commitment to governance, with 60% of its board members being independent, and it maintains robust financial oversight with an audit and oversight committee. The charity has also implemented comprehensive policies, including conflict of interest and whistleblower protections, which contribute to its transparent operational practices.
The financial health of Mended Reeds Inc is notable, with a program expense ratio of 81.66%, indicating that a significant portion of its expenditures directly supports its mission. Additionally, the organization has a very low liabilities to assets ratio of 1.83%, which suggests a sound financial position and effective resource management. Such metrics reflect the charity's dedication to maximizing its impact and ensuring funds are utilized efficiently.
While the overall data showcases Mended Reeds Inc's strengths, potential donors and stakeholders should continue to monitor any updates or changes in governance or financial practices to maintain confidence in the organization’s ongoing integrity and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mended Reeds Inc legitimate?
Mended Reeds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mended Reeds 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: $392,040
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What is the mission statement of Mended Reeds Inc?
Mended Reeds Inc's mission is centered around identifying and operating programs and services for youth, including troubled ones. This may involve establishing and operating a facility specifically designed for wayward and troubled youth. The organization's primary goal is to provide a supportive environment and resources for these young individuals, aiming to help them navigate through their challenges.
Who is the CEO of Mended Reeds Inc?
David Lambert is the Director of Mended Reeds Inc.
What is the revenue of Mended Reeds Inc?
Mended Reeds Inc's revenue in 2022 was $853,664.
Who are the executives of Mended Reeds Inc and what are their salaries?
The average compensation at Mended Reeds Inc during 2022 was $23,061. There are 17 employees at Mended Reeds Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Mended Reeds Inc?
Mended Reeds Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mended Reeds Inc
Mended Reeds Inc is committed to identifying and either establishing or operating programs and services aimed at supporting youth, specifically those who may be troubled. This mission may include the establishment and operation of a facility for wayward and troubled youth. The organization's primary goal is to provide a safe and supportive environment for these young individuals, helping them navigate through their challenges.
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Impact
October, 2024
Mended Reeds Inc actively addresses the needs of youth, particularly those facing challenges and difficulties in their lives. By creating and managing programs and services designed specifically for troubled youths, the organization fosters a supportive environment that helps these individuals find direction and healing.
Operating a facility for wayward and troubled youths in Ironton, OH, Mended Reeds Inc provides a safe haven where young people can access the guidance and resources necessary for personal development and rehabilitation. Through its focused mission, the organization plays a crucial role in nurturing resilience, promoting positive life choices, and ultimately helping young individuals reintegrate successfully into society.
The impact of Mended Reeds Inc extends beyond immediate support; it contributes to the overall wellbeing of the community by reducing the cycle of youth adversity. Through targeted programs and compassionate care, the organization empowers young people to overcome their struggles and build brighter futures.
This information is meant to be a general summary of Mended Reeds 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: $189
- Program Service Revenue: $832,628
- Gross Receipts: $853,664
Assets and Liabilities:
- Total Assets: $2,159,150
- Total Liabilities: $77,600
- Net Assets: $2,081,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVT FEES & CONTRACT
Revenue
$832,628
Organization Details
Founding Year
1999
Phone
(740) 532-6220Principal Officer
David Lambert
Main Address
PO BOX 108, IRONTON, OH, 45638
NTEE Category
Code: P320 - Human services
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