Overview
What is Economic Security Corporation Of Southwest Area?
The Economic Security Corporation of Southwest Area is a nonprofit organization based in Joplin, Missouri. Their primary mission is to address the root causes of poverty and help individuals reach their financial, physical, mental, and social potential. One of their significant initiatives is the Head Start program, providing educational opportunities for low-income children through both classroom and home-based settings. With a team of 440 employees, the organization offers a comprehensive range of services to aid people in overcoming poverty and striving for improvement.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Economic Security Corporation of Southwest Area has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity's impressive score of 94% indicates that it meets high standards in managing donations responsibly and effectively. The rating is solely based on the Accountability & Finance beacon, showcasing the organization's transparency and sound financial practices.
The organization demonstrates robust governance, with 100% of its board members being independent, ensuring unbiased decision-making. It has implemented comprehensive policies such as conflict of interest, whistleblower, and document retention, all of which contribute to a culture of integrity and accountability. Additionally, the financial metrics indicate a healthy balance sheet, with a low liabilities-to-assets ratio and a remarkable program expense ratio of nearly 95%, signifying that most of its expenditures directly support its programs.
While the data highlights numerous strengths in governance and financial management, specific details about program effectiveness or community impact are not provided in this summary. Nonetheless, the overall financial health and accountability practices suggest that Economic Security Corporation of Southwest Area effectively utilizes its resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Economic Security Corporation Of Southwest Area legitimate?
Economic Security Corporation Of Southwest Area is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Security Corporation Of Southwest Area 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: $119,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,662,077
For more financial information, click here
What is the mission statement of Economic Security Corporation Of Southwest Area?
The Economic Security Corporation of Southwest Area is dedicated to assisting individuals in overcoming the root causes of poverty. Through a variety of services and activities, this organization strives to empower people to improve their financial, physical, mental, and social well-being, enabling them to aspire for new levels of self-sufficiency. The organization's efforts extend beyond just immediate needs, as it aims to be a catalyst for lasting change. The Head Start program is one of the initiatives undertaken by the organization, providing educational opportunities for children from low-income families through both classroom and home-based settings.
Who is the CEO of Economic Security Corporation Of Southwest Area?
John Joines is the Ceo of Economic Security Corporation Of Southwest Area. The CEO's salary of Economic Security Corporation Of Southwest Area is $119,034 and their total compensation is $125,111.
What is the revenue of Economic Security Corporation Of Southwest Area?
Economic Security Corporation Of Southwest Area's revenue in 2022 was $18,556,997.
Who are the executives of Economic Security Corporation Of Southwest Area and what are their salaries?
The average compensation at Economic Security Corporation Of Southwest Area during 2022 was $19,957. There are 440 employees and 1933 volunteers at Economic Security Corporation Of Southwest Area.
Here are 24 key members and their salaries (Economic Security Corporation Of Southwest Area's CEO's salary is $119,034 and their total compensation is $125,111):
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Where can I find the form 990 for Economic Security Corporation Of Southwest Area?
Economic Security Corporation Of Southwest Area's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Economic Security Corporation Of Southwest Area
The Economic Security Corporation of Southwest Area is a dedicated organization that strives to make a significant impact on poverty through providing essential services and activities. In simple terms, its mission is to assist individuals in enhancing their financial, physical, mental, and social wellbeing, enabling them to reach new heights.
The organization's efforts extend beyond just offering temporary aid. It addresses the root causes of poverty and supports people in their journey toward self-sufficiency. Through its multifaceted approach, the Economic Security Corporation of Southwest Area empowers individuals to regain control of their lives and improve their overall quality of life.
One of the ways the organization achieves this is through its Head Start program. This initiative offers educational opportunities for low-income children, both in classrooms and through home-based programs. By focusing on early childhood development, the organization lays the foundation for a better future, not only for the children but also for their families. By investing in the education and wellbeing of young children, the Economic Security Corporation of Southwest Area sets the stage for long-term success and a reduction in poverty.
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Impact
October, 2024
Economic Security Corporation of Southwest Area significantly impacts the community by addressing the root causes of poverty and empowering individuals to improve their lives. By offering a variety of services, the organization helps people attain greater financial stability, better physical health, and improved mental and social well-being.
One of the key programs is the Head Start initiative, which provides educational opportunities specifically designed for low-income children. This program not only fosters early learning in classrooms and through home-based activities but also equips families with the resources they need to support their children's development. By investing in education from a young age, the organization contributes to breaking the cycle of poverty, enabling children to achieve higher academic success and ultimately better career prospects.
Through these efforts, the Economic Security Corporation of Southwest Area cultivates a more equitable community in Joplin, Missouri, fostering resilience and self-sufficiency among individuals and families affected by economic hardship.
This information is meant to be a general summary of Economic Security Corporation Of Southwest Area. 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.
- Gross Receipts: $18,556,997
Assets and Liabilities:
- Total Assets: $10,642,309
- Total Liabilities: $4,752,476
- Net Assets: $5,889,833
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Organization Details
Founding Year
1966
Phone
(417) 781-0352Principal Officer
John Joines
Main Address
PO Box 207, Joplin, MO, 64802
NTEE Category
Code: B21 - Education
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