Overview
What is Tb Enterprises Inc?
Tb Enterprises Inc, based in Tulsa, Oklahoma, is a compassionate nonprofit organization that extends aid to families in crisis. They offer support during challenging times, such as post-fire recovery, natural disasters, financial hardships, and the ongoing impact of COVID-19. Their assistance includes essential household items, furniture, appliances, clothing, and food, bringing hope beyond the box. Tb Enterprises Inc's mission reaches out to families across Oklahoma, providing much-needed relief during their time of need.
Official website here: www.cityserveok.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Tb Enterprises Inc has received a low rating of 54%, indicating concerns regarding its accountability and financial practices. The organization has a notably low percentage of independent board members, with only one out of eight being independent, which raises questions about governance. Additionally, there are several missing policies related to conflict of interest, whistleblower protections, and document retention, which are essential for transparency and ethical operations.
On a positive note, the organization maintains a strong program expense ratio of 98.63%, showing that a significant portion of its expenses is directed towards its programs rather than administrative costs. This is a commendable aspect of its financial management. Furthermore, it has a low liabilities to assets ratio of 2.02%, indicating that the organization is not heavily burdened by debt.
Despite these strengths, the lack of financial statements and essential governance policies highlights significant limitations that potential donors and stakeholders should consider. Transparency and accountability are critical for donor trust, and these gaps may impact the organization's credibility and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Tb Enterprises Inc legitimate?
Tb Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tb Enterprises 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.cityserveok.com
What is the mission statement of Tb Enterprises Inc?
TB Enterprises Inc, as a non-profit organization, is dedicated to providing aid to families experiencing crises. This assistance extends to families who have been affected by fires, natural disasters, financial difficulties, or are still grappling with the aftermath of the COVID-19 pandemic. The organization responds to these situations by delivering essential items such as household goods, furniture, appliances, clothing, and food. By doing so, TB Enterprises Inc aims to bring hope to families beyond the physical aid they provide. The organization's mission is to support families during their most challenging times, helping them to rebuild and move forward.
Official website here: www.cityserveok.com
What is the revenue of Tb Enterprises Inc?
Tb Enterprises Inc's revenue in 2023 was $3,502,530.
Official website here: www.cityserveok.com
Who are the executives of Tb Enterprises Inc and what are their salaries?
There 1200 volunteers at Tb Enterprises Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cityserveok.com
Where can I find the form 990 for Tb Enterprises Inc?
Tb Enterprises Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cityserveok.com
Learn more at the official website: www.cityserveok.com
Mission Statement of Tb Enterprises Inc
TB Enterprises Inc is a non-profit organization dedicated to providing aid to families experiencing crises. Their mission is to offer support to families who have gone through a fire, natural disaster, financial hardship, or are still grappling with the aftermath of COVID-19. The organization responds to these situations by delivering essential items such as household goods, furniture, appliances, clothing, and food. Through these actions, TB Enterprises Inc aims to bring hope beyond the box, going beyond mere material assistance to provide a sense of renewal and restoration to the affected families.
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Impact
July, 2024
Tb Enterprises Inc's impact lies in its dedication to bringing aid to families in crisis situations across Oklahoma. By providing support to those affected by fires, natural disasters, financial crises, and the lingering effects of COVID-19, Tb Enterprises Inc responds with essential items like household items, furniture, appliances, clothing, and food. Through these efforts, Tb Enterprises Inc delivers hope and practical assistance beyond just the immediate crisis, helping families rebuild and recover.
This information is meant to be a general summary of Tb Enterprises 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: $13,081
- Gross Receipts: $3,502,530
Assets and Liabilities:
- Total Assets: $304,209
- Total Liabilities: $6,169
- Net Assets: $298,040
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Organization Details
Founding Year
2014
Principal Officer
Terry K Henshaw
Website
www.cityserveok.comNTEE Category
Code: I23 - Crime
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