Overview
What is Agape 2015 Portfolio Inc?
Agape 2015 Portfolio Inc is a nonprofit organization based in San Antonio, Texas, with an address at 7334 Blanco Road STE 200, ZIP code 78216. Their primary focus is to provide affordable housing solutions for low-income families and individuals. They have successfully managed a 91-unit property in Fayetteville, Arkansas, catering to this specific demographic. Their mission is deeply rooted in enabling these individuals and families to secure stable housing, thereby contributing positively to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Agape 2015 Portfolio Inc has earned a 71% rating from Charity Navigator, which indicates a satisfactory level of accountability and finance management. The charity boasts a fully independent board, a strong audit and oversight committee, and a commendable program expense ratio of 94.56%, reflecting a significant commitment to its mission through effective resource allocation.
However, the organization has notable weaknesses that impacted its overall rating. The absence of a whistleblower policy and a document retention and destruction policy reflects some governance gaps. Additionally, the charity has not made its tax form publicly available on its website, which limits transparency.
The liabilities to assets ratio of 93% raises concerns about the financial health of the organization, suggesting a high level of debt compared to its assets. While Agape 2015 Portfolio Inc demonstrates strengths in certain areas, these limitations warrant attention for potential improvement in its governance and financial transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Agape 2015 Portfolio Inc legitimate?
Agape 2015 Portfolio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agape 2015 Portfolio 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
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What is the mission statement of Agape 2015 Portfolio Inc?
Agape 2015 Portfolio Inc is committed to providing low-income housing, specifically at a 91-unit property. Their mission is to serve families and individuals in need, ensuring they have access to suitable living spaces. By offering housing, Agape 2015 Portfolio Inc contributes to the well-being of its residents and helps them maintain a stable living environment. The organization's focus on affordable housing aims to support individuals and families who may otherwise struggle to secure suitable housing.
Who is the CEO of Agape 2015 Portfolio Inc?
David Starr is the Director of Agape 2015 Portfolio Inc.
What is the revenue of Agape 2015 Portfolio Inc?
Agape 2015 Portfolio Inc's revenue in 2022 was $944,523.
Who are the executives of Agape 2015 Portfolio Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Agape 2015 Portfolio Inc?
Agape 2015 Portfolio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Agape 2015 Portfolio Inc
Agape 2015 Portfolio Inc, a non-profit organization, is committed to providing affordable housing for low-income families and individuals. Situated in an unspecified location, the organization manages a 91-unit property, serving as a sanctuary for those in need. The primary mission of Agape 2015 Portfolio Inc is to offer housing solutions to this particular demographic, ensuring they can lead stable lives. By managing this property, the organization is contributing significantly to the community by providing a vital resource for those in need of affordable housing.
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Impact
October, 2024
Agape 2015 Portfolio Inc significantly impacts the community by providing affordable housing options for low-income families and individuals in Fayetteville, Arkansas. By managing a 91-unit property, the organization addresses the critical need for secure and accessible housing, enabling many to achieve stability and improve their quality of life. This initiative fosters community growth and cohesion, as residents gain access to essential services and support networks. Ultimately, Agape 2015 Portfolio Inc plays a vital role in alleviating housing insecurity and promoting the well-being of underserved populations.
This information is meant to be a general summary of Agape 2015 Portfolio 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: $4,437
- Program Service Revenue: $904,326
- Gross Receipts: $944,523
Assets and Liabilities:
- Total Assets: $4,198,979
- Total Liabilities: $3,926,989
- Net Assets: $271,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$904,326
Organization Details
Founding Year
2015
Phone
(210) 341-8097Principal Officer
David Starr
Main Address
7334 BLANCO ROAD STE 200, SAN ANTONIO, TX, 78216
NTEE Category
Code: L21 - Housing
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