Overview
What is Special Abilities Foundation?
The Special Abilities Foundation, situated in Lewisville, Texas, is a nonprofit organization that prioritizes providing appropriate facilities and buildings to other charitable organizations. Their primary mission is to support the infrastructure needs of various non-profit entities, ensuring they have ample resources to carry out their missions effectively. The foundation's activities are centered around this mission, making it an essential partner in the non-profit sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Stars
The Special Abilities Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating signifies a good level of transparency and accountability, particularly highlighted by its 100% independent board members and adherence to policies such as conflict of interest and whistleblower protections. The organization demonstrates strong financial stewardship with a program expense ratio of 100%, indicating that all funds are directed towards its programs.
On the financial front, the foundation shows some strengths with no material diversion of assets, which is favorable for donor confidence. However, it has a liabilities to assets ratio of 98.77%, suggesting that the organization may carry a significant debt load compared to its assets, which could raise concerns about long-term sustainability.
Overall, the Special Abilities Foundation exhibits commendable governance practices and effectively utilizes its resources for its mission. While there are some financial concerns that potential donors might consider, the high percentage of independent oversight and robust policies in place are significant positives for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Special Abilities Foundation legitimate?
Special Abilities Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Abilities Foundation 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
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What is the mission statement of Special Abilities Foundation?
The Special Abilities Foundation's mission is centered around providing suitable facilities and buildings to various non-profit organizations. This mission is aimed at ensuring these organizations have the necessary infrastructure to carry out their charitable activities effectively. By providing adequate buildings, the foundation enables these non-profits to focus on their primary objectives, ultimately benefiting the communities they serve. The foundation's activities are geared towards fostering a conducive environment for these non-profits, thereby contributing to the broader societal good.
Who is the CEO of Special Abilities Foundation?
Jachel Redmond is the Treasurer of Special Abilities Foundation.
What is the revenue of Special Abilities Foundation?
Special Abilities Foundation's revenue in 2022 was $71,719.
Who are the executives of Special Abilities Foundation and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Special Abilities Foundation?
Special Abilities Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Special Abilities Foundation
The Special Abilities Foundation is committed to supporting other non-profit organizations by providing them with adequate facilities and buildings. This mission is at the heart of the foundation's activities, aimed at ensuring these organizations have the necessary infrastructure to carry out their own charitable work effectively. By offering suitable buildings, the Special Abilities Foundation aims to contribute to the broader non-profit sector, enabling various organizations to thrive and make a positive impact in their respective communities.
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Impact
August, 2024
Special Abilities Foundation's impact is seen in the improved operations and reach of other non-profit organizations due to the provision of adequate facilities and buildings. This support enables these organizations to better serve their communities and fulfill their missions in the city of Lewisville, TX. The foundation's focus on human services ensures that vulnerable populations receive the help and resources they need through the work of the supported non-profits.
This information is meant to be a general summary of Special Abilities Foundation. 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.
- Investment Income: $2
- Gross Receipts: $71,719
Assets and Liabilities:
- Total Assets: $1,065,247
- Total Liabilities: $1,052,156
- Net Assets: $13,091
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Organization Details
Founding Year
2012
Phone
(972) 317-1515Principal Officer
Jachel Redmond
Main Address
1511 Justin Road STE Suite B, Lewisville, TX, 75077
NTEE Category
Code: P11 - Human services
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