Overview
What is Isaiah 58 Inc?
Isaiah 58 Inc, located in Nashville, Tennessee, is a nonprofit organization dedicated to uplifting the underprivileged and disadvantaged individuals in the Greater Nashville metropolitan area. Their mission is multifaceted, focusing on spiritual, physical, emotional, financial, and mental health support. They achieve this through various initiatives, including offering meaningful employment opportunities, transitional living, and emotional, physical, and spiritual support to the needy children, men, and women in their community. One of their significant programs is Springback, a recycling venture that employs individuals to break down used mattresses for sale to recycling companies. This initiative serves as a means to instill healthy work habits and teach financial management and responsibility, ultimately aiding in finding gainful employment. Isaiah 58 Inc employs a total of 8 individuals, demonstrating their commitment to providing opportunities and support to those in need.
Official website here: www.springbackrecyclingtn.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating, 74%
Isaiah 58 Inc has received a "Needs Improvement" rating, indicating that while the organization demonstrates strong accountability and finance practices, there are areas requiring attention. The organization boasts a perfect score in financial oversight, with 100% in Accountability & Finance. Additionally, 66% of its board members are independent, reflecting a commitment to governance.
However, the rating also reveals significant limitations, particularly in its independent board size, which scored 0 out of 7 points. The lack of a comprehensive document retention and destruction policy, as well as the absence of its tax form on the nonprofit's website, further detracts from its transparency and accountability. Despite a high program expense ratio of 87.62%, indicating a strong focus on its mission, these governance gaps suggest the need for improved administrative practices.
Users and stakeholders may consider both the strengths in financial management and the weaknesses in governance when evaluating Isaiah 58 Inc's overall effectiveness and reliability as a nonprofit organization. Addressing these noted deficiencies could enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Isaiah 58 Inc legitimate?
Isaiah 58 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Isaiah 58 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: $68,195
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,367
For more financial information, click here
Official website here: www.springbackrecyclingtn.com
What is the mission statement of Isaiah 58 Inc?
Isaiah 58 Inc aims to bring hope and enhance various aspects of well-being for the underprivileged, disadvantaged, underemployed, homeless, and needy individuals in the greater Nashville metropolitan area. They achieve this by offering outreach programs, meaningful employment opportunities, transitional living, and emotional, physical, and spiritual support to the vulnerable children, men, and women within their community. The organization's mission is centered around fostering spiritual, physical, emotional, financial, and mental health, aiming to uplift and empower those in need.
Official website here: www.springbackrecyclingtn.com
What is the revenue of Isaiah 58 Inc?
Isaiah 58 Inc's revenue in 2024 was $651,790.
Official website here: www.springbackrecyclingtn.com
Who are the executives of Isaiah 58 Inc and what are their salaries?
The average compensation at Isaiah 58 Inc during 2024 was $22,004.
Here are 3 key members and their salaries:
- Compensation: $68,185
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.springbackrecyclingtn.com
Where can I find the form 990 for Isaiah 58 Inc?
Isaiah 58 Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.springbackrecyclingtn.com
Learn more at the official website: www.springbackrecyclingtn.com
Mission Statement of Isaiah 58 Inc
Isaiah 58 Inc, a nonprofit organization, is dedicated to bringing hope and fostering holistic well-being to the disadvantaged, underemployed, homeless, and needy individuals in the Greater Nashville metropolitan area. Their mission is multifaceted, encompassing spiritual, physical, emotional, financial, and mental health support. They achieve this by providing outreach, meaningful employment opportunities, transitional living, and emotional, physical, and spiritual support to children, men, and women within their community. Isaiah 58 Inc's goal is to uplift and empower these individuals, helping them to overcome their challenges and rebuild their lives.
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Impact
July, 2024
Isaiah 58 Inc's impact can be felt directly in the Greater Nashville Metropolitan Area where it brings hope and fosters spiritual, physical, emotional, financial, and mental health among the poor, disenfranchised, underemployed, homeless, and needy individuals. Through outreach initiatives, meaningful employment opportunities, transitional living support, and emotional, physical, and spiritual assistance, Isaiah 58 Inc is dedicated to improving the lives of those in need within its community. One notable program, Springback, provides employment by recycling used mattresses, helping individuals develop work habits, financial management skills, and responsibilities essential for securing gainful employment. This nonprofit's tangible efforts are positively impacting the lives of children, men, and women in need in Nashville, Tennessee.
This information is meant to be a general summary of Isaiah 58 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 2024.
- Investment Income: $10,609
- Program Service Revenue: $628,895
- Gross Receipts: $651,790
Assets and Liabilities:
- Total Assets: $1,054,114
- Total Liabilities: $685,060
- Net Assets: $369,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Mattress Disposal and
Revenue
$628,895
Organization Details
Founding Year
2012
Principal Officer
Ryan Tiano
NTEE Category
Code: P20 - Human services
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