Overview
What is Twelve-Way Foundation Inc?
Twelve-Way Foundation Inc is a non-profit organization based in Marshall, Texas, primarily dedicated to assisting men suffering from substance addictions and abuse. Their recovery program is faith-based and aims to help men achieve lifelong sobriety through the Twelve Steps of Alcoholics Anonymous, foster a relationship with God through faith, and return to productive citizenship. In addition to their recovery program, the Foundation provides essential support by offering food, clothing, and financial assistance to the men in the program and their families in need. With a team of ten dedicated individuals, Twelve-Way Foundation Inc strives to make a transformative impact on the lives of those struggling with addiction.
Official website here: www.12way.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 83% (Three-Star out of Four Star rating)
The Twelve-Way Foundation Inc has achieved a commendable score of 83%, indicating a solid level of accountability and financial health. This rating is primarily based on the organization’s strong practices in governance and financial management, with a perfect score for having an entirely independent board and no material diversion of assets, which reflects a commitment to ethical standards.
The foundation excels in its program expense ratio, with 95% of its expenditures directed towards its programs, suggesting a focus on fulfilling its mission effectively. Their transparency is further demonstrated by publicly listing their tax documents on their website and having well-documented board meeting minutes. However, it is noteworthy that they lack a whistleblower policy and a document retention and destruction policy, which may be a concern for some stakeholders regarding internal controls.
Overall, the Twelve-Way Foundation Inc showcases strong financial practices and governance. While the absence of some key policies is a limitation, the overall performance in accountability and finance underscores the organization’s dedication to ethical operating standards and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Twelve-Way Foundation Inc legitimate?
Twelve-Way Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twelve-Way 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: $123,801
For more financial information, click here
Official website here: www.12way.com
What is the mission statement of Twelve-Way Foundation Inc?
The Twelve-Way Foundation's mission revolves around aiding men in their pursuit of three key objectives. Firstly, they focus on helping men achieve permanent sobriety through the twelve steps of Alcoholics Anonymous. Secondly, they aim to foster a relationship with God through faith. Lastly, they strive to facilitate a return to productive citizenship for these individuals. In addition to this, the foundation provides a faith-based recovery program for both resident and non-resident men struggling with substance addictions and abuse. Furthermore, they offer assistance in the form of food, clothing, and financial aid to the men in the program and their families in need.
Official website here: www.12way.com
Who is the CEO of Twelve-Way Foundation Inc?
Philip Simmons is the Director of Twelve-Way Foundation Inc.
Official website here: www.12way.com
What is the revenue of Twelve-Way Foundation Inc?
Twelve-Way Foundation Inc's revenue in 2022 was $366,833.
Official website here: www.12way.com
Who are the executives of Twelve-Way Foundation Inc and what are their salaries?
The average compensation at Twelve-Way Foundation Inc during 2022 was $12,380. There are 10 employees and 9 volunteers at Twelve-Way Foundation Inc.
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Official website here: www.12way.com
Where can I find the form 990 for Twelve-Way Foundation Inc?
Twelve-Way Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.12way.com
Learn more at the official website: www.12way.com
Mission Statement of Twelve-Way Foundation Inc
The Twelve-Way Foundation, a nonprofit organization, is dedicated to aiding men in their pursuit of permanent sobriety, a relationship with God, and a return to productive citizenship. Specifically, the organization's primary mission is threefold: to facilitate recovery through the Twelve Steps of Alcoholics Anonymous, to foster a spiritual connection through faith, and to encourage re-integration into society.
In order to achieve these goals, the Twelve-Way Foundation offers a faith-based recovery program for both resident and non-resident men struggling with substance addictions and abuse. The program is designed to help these individuals overcome their addictions and rebuild their lives by providing support, guidance, and resources.
Furthermore, the Twelve-Way Foundation extends its assistance to the men in the program and their families who are in need. This includes providing food, clothing, and financial aid. Through these efforts, the Twelve-Way Foundation aims to not only help individuals achieve sobriety, but also to support them in their journey towards a productive and fulfilling life.
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Impact
June, 2024
Twelve-Way Foundation Inc has a significant impact on aiding men in their pursuit of permanent sobriety, developing a relationship with God through faith, and returning to productive citizenship. The organization provides a faith-based recovery program for both resident and non-resident men struggling with substance addictions and abuse in Marshall, TX. Additionally, Twelve-Way Foundation offers support in the form of food, clothing, and financial assistance to program participants and their families who are in need. This impactful work contributes to the mental health and well-being of individuals in the community, helping them overcome challenges and rebuild their lives.
This information is meant to be a general summary of Twelve-Way 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: $5,336
- Program Service Revenue: $176,965
- Gross Receipts: $374,038
Assets and Liabilities:
- Total Assets: $676,705
- Total Liabilities: $9,565
- Net Assets: $667,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC INCOME
Revenue
$18,378
RECOVERY PROGRAM
Revenue
$158,587
Organization Details
Founding Year
2004
Phone
(903) 935-4115Principal Officer
Philip Simmons
Main Address
PO BOX 607, MARSHALL, TX, 75671
Website
www.12way.comNTEE Category
Code: F20 - Mental health
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