Overview
What is Abbott House Foundation Inc?
The Abbott House Foundation Inc is a nonprofit organization that plays a crucial role in supporting Abbott House, Inc. Their mission is to aid in the continuation of residential treatment services and care for their clients. The Foundation provides essential assistance, ensuring the smooth operation and sustainability of Abbott House, Inc's efforts in caring for its clients. The Foundation's work is dedicated to enhancing the living conditions and overall well-being of those in need of residential treatment services.
Official website here: www.abbotthouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Abbott House Foundation Inc has achieved an impressive overall score of 92%, reflecting its strong performance in accountability and finance. The organization has received a Four-Star rating, which is indicative of its effective management and financial health as of the most recent fiscal year, FY2023. The score is primarily based on a comprehensive evaluation of its financial practices, with no significant issues identified.
The foundation demonstrates exceptional governance practices, with a fully independent board comprised of eight members and a lack of material asset diversion. It has a high program expense ratio of 96.54%, meaning that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, it boasts a remarkable fundraising efficiency ratio of $0.00, signifying that the organization incurs no costs in raising funds.
However, there are some notable limitations in their governance policies. Specifically, Abbott House Foundation Inc lacks a whistleblower policy and a document retention and destruction policy, which are essential for ensuring transparency and accountability. While these shortcomings do not detract significantly from their overall financial health, they indicate areas for potential improvement in governance practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Abbott House Foundation Inc?
100% of 28 reviewers on Facebook recommend the Abbott House Foundation Inc. Here is a summary of their reviews:
The overwhelming sentiment among reviewers is highly positive, with many expressing their strong endorsement of the organization's effectiveness and commitment. A reviewer who lived at the foundation praised the way it operates, suggesting a deep level of trust and familiarity with the services provided. This firsthand experience indicates that individuals feel supported and well-cared for by the foundation.
Overall, the Abbott House Foundation Inc. clearly delivers on its mission, fostering a sense of satisfaction and confidence among those involved. It appears to be a reliable resource for the community, making a meaningful impact on the lives of its clients.
This AI summary has been generated from reviews found on Facebook.
Is Abbott House Foundation Inc legitimate?
Abbott House Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abbott House 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: $0
For more financial information, click here
Official website here: www.abbotthouse.org
What is the mission statement of Abbott House Foundation Inc?
The Abbott House Foundation's mission revolves around supporting Abbott House, Inc. Specifically, it aids in the provision of residential treatment services and care to their clients, contributing to the continuation of these essential services. The foundation's role is instrumental in ensuring that individuals in need receive the necessary care and support. It does not disclose its location or any specific details about the individuals it serves, focusing solely on its mission to support Abbott House, Inc.
Official website here: www.abbotthouse.org
What is the revenue of Abbott House Foundation Inc?
Abbott House Foundation Inc's revenue in 2023 was $2,853,324.
Official website here: www.abbotthouse.org
Who are the executives of Abbott House Foundation Inc and what are their salaries?
There 8 volunteers at Abbott House Foundation Inc.
Here are 8 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.abbotthouse.org
Where can I find the form 990 for Abbott House Foundation Inc?
Abbott House Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abbotthouse.org
Learn more at the official website: www.abbotthouse.org
Mission Statement of Abbott House Foundation Inc
The Abbott House Foundation's primary mission is to aid and reinforce the efforts of Abbott House, Inc. This nonprofit organization focuses on supporting Abbott House, Inc in delivering residential treatment services and care to their clients. The foundation's role is crucial in ensuring the continuity of these services, thereby contributing to the betterment of those they serve. By supporting Abbott House, Inc, the Abbott House Foundation plays a significant role in the provision of holistic care and treatment to its clients, ultimately contributing to their overall well-being and rehabilitation.
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Impact
July, 2024
Abbott House Foundation Inc's impact is seen in the vital support it provides to Abbott House, Inc in Mitchell, SD. Through its assistance, Abbott House is able to continue offering residential treatment services and care to its clients in need. This support directly contributes to the well-being and development of individuals receiving services, ultimately helping them lead healthier and more fulfilling lives. By enabling the continuation of these crucial services, Abbott House Foundation Inc plays a significant role in improving the lives of the community it serves.
This information is meant to be a general summary of Abbott House 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 2023.
- Investment Income: $143,530
- Gross Receipts: $3,664,144
Assets and Liabilities:
- Total Assets: $6,534,889
- Total Liabilities: $2,447
- Net Assets: $6,532,442
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Organization Details
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