Overview
What is Stlc Afc Inc?
Stlc Afc Inc, based in Inkster, Michigan, is a nonprofit organization that focuses on delivering residential adult foster care services to individuals with developmental challenges. The organization successfully accomplished its exempt purposes during the 2022 calendar year, dedicating its efforts to this mission. Their mission is to offer a supportive living environment for these individuals, promoting their well-being and overall development. The specific activities of Stlc Afc Inc include providing adult foster care, ensuring a safe and nurturing environment for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Stlc Afc Inc has received an overall score of 83%, qualifying it for a Three-Star rating. This rating is based solely on the charity's Accountability & Finance, indicating a strong commitment to responsible management of funds and transparency. The charity achieved perfect scores in several areas, such as having a fully independent board and the absence of any material diversion of assets, which speaks to its governance quality.
The organization also demonstrates a robust conflict of interest policy, a whistleblower policy, and proper document retention practices, all contributing positively to its credibility and trustworthiness. Additionally, the program expense ratio is impressive at 100%, suggesting that all of its funds are directed towards its mission-driven activities.
However, the charity's liabilities to assets ratio is at 64.56%, which is lower than ideal, indicating that a significant portion of its assets is tied up in liabilities. This aspect may raise concerns about financial stability, although it does not detract from the organization's overall strong performance in accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Stlc Afc Inc legitimate?
Stlc Afc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stlc Afc 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
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What is the mission statement of Stlc Afc Inc?
Stlc Afc Inc, as an organization, is committed to providing adult foster care for individuals who are developmentally challenged. Their mission is to create an environment that caters to the unique needs of these individuals, aiming to enhance their quality of life. During the 2022 calendar year, Stlc Afc Inc successfully accomplished its exempt purposes by offering residential adult foster care services.
Who is the CEO of Stlc Afc Inc?
Stella Nkwuzor Director is the Director of Stlc Afc Inc.
What is the revenue of Stlc Afc Inc?
Stlc Afc Inc's revenue in 2022 was $38,237.
Who are the executives of Stlc Afc Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Stlc Afc Inc?
Stlc Afc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stlc Afc Inc
St. Louis Adult Foster Care, Inc. (StLC AFC Inc.) is an organization dedicated to serving developmentally challenged adults. Their mission revolves around providing adult foster care, offering a residential living environment that caters to the unique needs of these individuals. In the 2022 calendar year, StLC AFC Inc. successfully upheld its purpose of offering adult foster care, demonstrating its commitment to this cause.
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Impact
August, 2024
Stlc Afc Inc's impact lies in its dedicated mission to provide adult foster care to developmentally challenged individuals in Inkster, MI. Through its services, the organization plays a crucial role in supporting and improving the quality of life for this vulnerable population. STLC AFC INC successfully achieved its exempt purposes during the 2022 calendar year, indicating its commitment to fulfilling its mission. By offering residential adult foster care, the organization directly contributes to enhancing the well-being and care of developmentally challenged individuals in the community.
This information is meant to be a general summary of Stlc Afc 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 2022.
- Program Service Revenue: $38,237
- Gross Receipts: $38,237
Assets and Liabilities:
- Total Assets: $62,861
- Total Liabilities: $40,584
- Net Assets: $22,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Adult foster care Home
Revenue
$38,237
Organization Details
Founding Year
2014
Principal Officer
Stella Nkwuzor Director
Main Address
26153 COLGATE STREET, Inkster, MI, 48141
NTEE Category
Code: P70 - Human services
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