Overview
What is Adopt A Grade Inc?
Adopt A Grade Inc is a nonprofit organization with a mission centered around charitable, religious, educational, and scientific objectives. They are committed to distributing funds to qualified organizations under IRC Section 501(c)(3). One of their notable programs involves providing dental equipment for individuals experiencing homelessness, aiming to enhance their overall health and well-being. The organization's activities and mission reflect its dedication to supporting various sectors and uplifting underserved communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)
Adopt A Grade Inc has received a low rating of 48% from Charity Navigator, indicating significant areas of concern in its accountability and financial practices. The organization has scored well in certain categories, such as having a majority of independent board members and a solid program expense ratio, which suggests that it is effectively directing funds towards its programs. However, it lacks transparency in several crucial areas, including the absence of a conflict of interest policy and a whistleblower policy.
The organization's weaknesses are further highlighted by its failure to provide key documents on its website, such as tax forms and board meeting minutes, which can raise questions about its operational transparency. Additionally, its independent board size received a zero rating, suggesting potential governance issues. The liabilities to assets ratio also notably contributed to the low overall score, reflecting possible financial stability concerns.
Overall, while Adopt A Grade Inc demonstrates some strengths in program expenses and board independence, the significant deficiencies in governance and transparency limit its effectiveness and trustworthiness as a nonprofit organization. Prospective donors and stakeholders may want to exercise caution when engaging with this charity due to these identified limitations.
This AI summary has been generated from information found on Charity Navigator.
Is Adopt A Grade Inc legitimate?
Adopt A Grade Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adopt A Grade 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 Adopt A Grade Inc?
Adopt A Grade Inc's mission is primarily focused on serving charitable, religious, educational, and scientific purposes. In line with this, the organization makes distributions to organizations that meet the criteria under IRC Section 501(c)(3). One of their notable initiatives involves providing dental equipment for the homeless, demonstrating their commitment to community service and healthcare access.
Who is the CEO of Adopt A Grade Inc?
John M Stephenson is the President of Adopt A Grade Inc.
What is the revenue of Adopt A Grade Inc?
Adopt A Grade Inc's revenue in 2022 was $0.
Who are the executives of Adopt A Grade 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 Adopt A Grade Inc?
Adopt A Grade Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Adopt A Grade Inc
Adopt A Grade Inc is an organization dedicated to serving charitable, religious, educational, and scientific purposes. One of their key initiatives involves making distributions to organizations that fall under IRC Section 501(c)(3). Beyond this, Adopt A Grade Inc has a specific program aimed at providing dental equipment to the homeless community. This mission reflects their commitment to addressing various societal needs and improving the lives of those in need. By distributing funds and resources to qualified organizations and directly providing dental equipment to the homeless, Adopt A Grade Inc demonstrates its multifaceted approach to charitable work. Their mission is to contribute positively to various sectors, including healthcare, education, and community development, ultimately promoting social well-being.
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Impact
October, 2024
Adopt A Grade Inc positively influences the community by focusing on charitable, educational, and supportive initiatives. The organization plays a critical role in enhancing the well-being of the homeless population by providing essential dental equipment, which addresses a significant aspect of health and hygiene. By distributing funds to other qualifying organizations, Adopt A Grade amplifies its impact, fostering collaborations that further educational and scientific purposes. Located in Overland Park, KS, its mission highlights a commitment to uplifting those in need through innovative and compassionate solutions, ultimately contributing to healthier and more educated communities.
This information is meant to be a general summary of Adopt A Grade 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.
Assets and Liabilities:
- Total Assets: $49
- Total Liabilities: $351
- Net Assets: -$302
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Organization Details
Phone
(913) 642-0045Principal Officer
John M Stephenson
Main Address
7200 W 85TH STREET, OVERLAND PARK, KS, 66212
NTEE Category
Code: B12 - Education
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