Overview
What is The Contributor Inc?
The Contributor Inc is a nonprofit organization situated in Nashville, Tennessee. With a team of 16 dedicated individuals, their primary mission is to combat homelessness and poverty by publishing and distributing a weekly newspaper. This newspaper serves as an alternative income source for homeless and formerly homeless individuals, allowing them to sell the publication instead of panhandling on the streets. The Contributor Inc's efforts aim to raise awareness and foster discussion about societal issues related to homelessness, thereby contributing to a more inclusive and supportive community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The Contributor Inc demonstrates strong accountability and financial practices, earning a high score of 92% which contributes to its Four-Star rating from Charity Navigator. This score reflects a well-managed organization, particularly highlighted by the presence of an independent board, comprising 83% independent members, and a solid audit and oversight framework. The organization also shows a solid commitment to transparency with its financial statements and policies related to conflict of interest and document retention.
Strengths of The Contributor Inc include its impressive program expense ratio of 90.35%, indicating that a significant portion of its resources is directed toward its programs. The organization also has a very low liabilities to assets ratio of 6.68%, showcasing strong financial health. However, there is a noted limitation with the absence of a whistleblower policy, which may be an area for improvement to enhance organizational governance further.
Overall, The Contributor Inc's strong financial standing and governance practices position it as a responsible nonprofit. While it has areas to develop, such as implementing a whistleblower policy, the organization is largely effective in fulfilling its mission and managing its resources efficiently.
This AI summary has been generated from information found on Charity Navigator.
Is The Contributor Inc legitimate?
The Contributor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Contributor 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: $500,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Contributor Inc?
The organization, The Contributor Inc, has a mission to address the issues of homelessness and poverty. They achieve this by printing and distributing a weekly newspaper. The newspaper serves as an alternative to panhandling, and it's sold on the streets by both homeless individuals and those who have previously experienced homelessness. The primary objective of this initiative is to provide an income source for these individuals, thereby offering a more dignified approach to seeking financial assistance. The newspaper focuses on topics related to homelessness and poverty, aiming to raise awareness and foster understanding within the wider community.
Who is the CEO of The Contributor Inc?
Cathy Jennings is the Executive Director of The Contributor Inc.
What is the revenue of The Contributor Inc?
The Contributor Inc's revenue in 2022 was $1,249,483.
Who are the executives of The Contributor Inc and what are their salaries?
The average compensation at The Contributor Inc during 2022 was $31,294. There are 16 employees and 25 volunteers at The Contributor Inc.
Here are 10 key members and their salaries:
- Compensation: $47,597
- Related: $0
- Other: $0
- Compensation: $38,600
- Related: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Contributor Inc?
The Contributor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Contributor Inc
The Contributor Inc, a nonprofit organization, is dedicated to addressing the complex issues of homelessness and poverty. Their primary mission is to print and distribute a weekly newspaper. This newspaper serves as an alternative to panhandling for homeless individuals and those who have previously experienced homelessness. These individuals sell the newspaper on the streets, earning a source of income while contributing to the dissemination of important information. By doing so, The Contributor Inc provides a platform for addressing these pressing social issues and offers its sellers an opportunity to regain their self-worth and independence.
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Impact
July, 2024
The Contributor Inc's impact lies in empowering homeless and formerly homeless individuals in Nashville, Tennessee by providing them with a dignified alternative to panhandling. Through the distribution of their weekly newspaper that focuses on homelessness and poverty issues, The Contributor Inc not only raises awareness but also creates opportunities for those facing adversity to earn an income and regain a sense of purpose and independence. This initiative not only supports the individuals involved but also fosters education and understanding within the community about these important social issues.
This information is meant to be a general summary of The Contributor 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.
- Program Service Revenue: $60,141
- Gross Receipts: $1,249,483
Assets and Liabilities:
- Total Assets: $762,462
- Total Liabilities: $2,708
- Net Assets: $759,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$60,141
Organization Details
Founding Year
2007
Phone
(615) 499-6829Principal Officer
Cathy Jennings
Main Address
PO Box 332023, Nashville, TN, 37203
NTEE Category
Code: B90 - Education
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