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Deo Volente Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453980723 ✦ Auburn, AL ✦ Designated as a 501(c)(3)

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Overview

What is Deo Volente Inc?

Deo Volente Inc is a nonprofit organization based in Auburn, Alabama, with an address at 1915 Professional Circle. The primary mission of Deo Volente Inc is to support low to moderate income individuals by investing in affordable housing limited partnerships. In 2022, they maintained investments in six such partnerships operating properties in Alabama. Furthermore, Deo Volente Inc contributes to other Section 501(c)(3) organizations providing related services to these individuals, with a focus on assisting those in the Southeast and specifically in the state of Alabama. Their goal is to ensure the affordability of these properties and, by extension, provide continued support to the low to moderate income community.


Official website here: www.hiswillhisway.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - Overall Score: 74%, Two-Star out of Four Star rating.

Deo Volente Inc has received a Two-Star rating from Charity Navigator, indicating that there are areas for improvement in its operations and financial transparency. With an overall score of 74%, the organization demonstrates strengths, particularly in its accountability measures, with 100% of its board members being independent. This shows a commitment to governance, although the organization scored poorly on independent board size and financial statements.

The nonprofit excels in several key areas, including a strong program expense ratio of 100%, which reflects that all of its expenses are directed towards its programs. However, significant limitations are noted in its financial disclosures, as it has not provided financial statements and is missing its tax form on its website. The lack of transparency regarding its financial activities could raise concerns among potential donors about the organization's financial health and sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Deo Volente Inc legitimate?

Deo Volente Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deo Volente 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

For more financial information, click here


Official website here: www.hiswillhisway.org

What is the mission statement of Deo Volente Inc?

Deo Volente Inc, as an organization, is committed to assisting low to moderate income individuals. They achieve this goal by investing in affordable housing limited partnerships and contributing to other Section 501(c)(3) organizations providing related services to these individuals. The organization specifically focuses on helping individuals in the southeast, particularly those in Alabama. Through these investments, Deo Volente Inc aims to maintain the affordability of properties for low to moderate income individuals. In 2022, the organization maintained investments in six such partnerships operating affordable housing properties in Alabama.


Official website here: www.hiswillhisway.org

Who is the CEO of Deo Volente Inc?

Beverlye Brady is the President of Deo Volente Inc.


Official website here: www.hiswillhisway.org

What is the revenue of Deo Volente Inc?

Deo Volente Inc's revenue in 2022 was $1,186,226.


Official website here: www.hiswillhisway.org

Who are the executives of Deo Volente Inc and what are their salaries?

There 60 volunteers at Deo Volente Inc.


Here are 2 key members and their salaries:


Beverlye Brady (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Harris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hiswillhisway.org

Where can I find the form 990 for Deo Volente Inc?

Deo Volente Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hiswillhisway.org

Learn more at the official website: www.hiswillhisway.org

Mission Statement of Deo Volente Inc

Deo Volente Inc, a nonprofit organization, is committed to assisting low to moderate income individuals. Their mission is twofold: firstly, they invest in affordable housing limited partnerships. By becoming a limited partner in these partnerships, they ensure that properties restricted for low income individuals maintain their affordability. Deo Volente Inc invests in six such partnerships operating affordable housing properties in Alabama during 2022. Secondly, they contribute to other section 501(c)(3) organizations currently providing related services to these individuals. By doing so, Deo Volente Inc extends its reach and impact, helping low income individuals in the Southeast, with a particular focus on Alabama. Their contributions aim to strengthen existing services and initiatives that support these individuals, thereby enhancing their quality of life.

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Impact




July, 2024

Deo Volente Inc's impact lies in its mission to assist low to moderate-income individuals in the southeast, particularly in the state of Alabama. The organization achieves this by investing in affordable housing limited partnerships and supporting other nonprofits providing related services to these individuals. Deo Volente Inc's investments in income-restricted properties through limited partnerships help maintain the affordability of housing for those in need. This crucial support contributes to addressing housing insecurity and promoting stability for vulnerable populations in the region.




This information is meant to be a general summary of Deo Volente 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.

Revenue
$1,186,226 (2022)
Expenses
$1,339,808 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,181,226
  • Gross Receipts: $1,186,226

Assets and Liabilities:

  • Total Assets: $2,658,333
  • Total Liabilities: $0
  • Net Assets: $2,658,333

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LTD PSHIP-RENTAL INCOM

Revenue

$1,177,751

INVESTOR SERVICE FEES

Revenue

$3,000

INVESTMENT INCOME- PRO

Revenue

$475

Organization Details

Founding Year

2011

Principal Officer

Beverlye Brady

Main Address

1915 PROFESSIONAL CIRCLE, AUBURN, AL, 36830

NTEE Category

Code: L20 - Housing

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