Overview
What is Unchained Charities Inc?
Unchained Charities Inc, located in Finksburg, Maryland (21048), is a nonprofit organization committed to uplifting children in need. By providing financial assistance, they have aided in purchasing equipment for families with handicapped children. Additionally, they have shown support for children with Rett Syndrome and addressed other essential needs of underprivileged children. In line with their mission, they contribute to various charitable organizations, extending their reach and impact beyond their immediate scope. Their primary objective, as outlined in the description, is to help children in need through diverse methods.
Official website here: www.unchainedfew.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
Unchained Charities Inc has received a low score of 33% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The rating reflects a strong performance in some areas, such as having a fully independent board and no material diversion of assets, which are positive attributes. However, these strengths are overshadowed by several critical deficiencies in governance and financial practices.
The organization lacks essential policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, all of which contributed to its poor score. Additionally, the charity has not posted its essential documents, such as board meeting minutes and its tax form, on its website as required, further raising concerns about transparency and accountability.
Financially, Unchained Charities Inc reported a program expense ratio of only 46.93%, suggesting that less than half of its expenditures are directed towards its charitable programs. This low ratio, combined with a liabilities to assets ratio of 0.00%, indicates potential financial management issues that could hinder its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Unchained Charities Inc legitimate?
Unchained Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unchained Charities 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.unchainedfew.com
What is the mission statement of Unchained Charities Inc?
Unchained Charities Inc's mission revolves around aiding children in need. Their group undertakes this task through various methods, one of which involves supporting other charitable organizations. They have shown their commitment by assisting handicapped families with the purchase of necessary equipment, contributing to Rett Syndrome, and addressing the needs of other underprivileged children.
Official website here: www.unchainedfew.com
Who is the CEO of Unchained Charities Inc?
Marc Salerno is the Principal Officer of Unchained Charities Inc.
Official website here: www.unchainedfew.com
What is the revenue of Unchained Charities Inc?
Unchained Charities Inc's revenue in 2020 was $7,588.
Official website here: www.unchainedfew.com
Who are the executives of Unchained Charities 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
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Official website here: www.unchainedfew.com
Where can I find the form 990 for Unchained Charities Inc?
Unchained Charities Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.unchainedfew.com
Learn more at the official website: www.unchainedfew.com
Mission Statement of Unchained Charities Inc
Unchained Charities Inc, a nonprofit organization, is committed to assisting children in need. Their mission is to support children through various methods, one of which involves aiding other charitable organizations. This group has demonstrated its dedication by contributing to the purchase of equipment for handicapped families, supporting Rett Syndrome, and addressing other pressing needs of needy children. By extending its reach to other charitable entities, Unchained Charities Inc amplifies its impact and broadens the scope of its support for children in need.
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Impact
August, 2024
Unchained Charities Inc has made a significant impact by helping children in need in various ways. They have assisted with the purchase of equipment for handicap families, contributed to Rett Syndrome research, and supported other needs of underprivileged children. Their work in Finksburg, MD, reflects their mission to assist children through a variety of methods, including supporting other charitable organizations. Their dedication to philanthropy has positively impacted the lives of many children facing challenges.
This information is meant to be a general summary of Unchained Charities 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 2020.
- Investment Income: $2
- Gross Receipts: $7,588
Assets and Liabilities:
- Total Assets: $8,552
- Total Liabilities: $0
- Net Assets: $8,552
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Organization Details
Founding Year
2012
Phone
(410) 746-0153Principal Officer
Marc Salerno
Main Address
4157 LOUISVILLE ROAD, FINKSBURG, MD, 21048
Website
www.unchainedfew.comNTEE Category
Code: T30 - Philanthropy
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