Overview
What is Serenity Place Inc?
Serenity Place Inc, situated in Dover, Delaware, is a nonprofit organization dedicated to assisting recovering alcohol and drug-dependent men. Their mission encompasses providing a secure halfway house, counseling services, and creating a safe environment for these individuals. Through funding and various activities, they educate, counsel, and help residents secure employment and maintain their disease recovery. With a team of 7 dedicated employees, Serenity Place Inc is committed to supporting these men in overcoming their struggles and rebuilding their lives.
Official website here: www.findserenity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Serenity Place Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas requiring attention. The organization has a strong accountability score of 73%, largely due to having a fully independent board and a favorable liabilities to assets ratio, suggesting effective financial management in these areas. Moreover, the program expense ratio of 82.23% reflects a commitment to directing funds towards its programs.
However, the organization faces critical limitations, particularly in transparency and governance practices. Notably, Serenity Place Inc has not made its financial statements available, which significantly impacts its overall score. Additionally, the absence of a whistleblower policy and document retention protocols raises concerns about the organization's compliance with best practices in nonprofit governance.
In summary, while Serenity Place Inc showcases effective program expenditure and a robust governance structure through an independent board, it needs to improve its transparency and accountability by addressing the missing financial documentation and governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Serenity Place Inc legitimate?
Serenity Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serenity Place 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: $135,786
For more financial information, click here
Official website here: www.findserenity.org
What is the mission statement of Serenity Place Inc?
Serenity Place Inc is dedicated to offering a supportive environment for men recovering from alcohol and drug dependency. Their primary mission is to provide a halfway house and counseling services that aid in their recovery. They strive to ensure the safety and well-being of their residents, offering resources and guidance to help them secure employment and manage their disease. The organization also undertakes activities aimed at educating and counseling residents, with a focus on long-term disease recovery.
Official website here: www.findserenity.org
Who is the CEO of Serenity Place Inc?
Ross Trader is the President/Di of Serenity Place Inc.
Official website here: www.findserenity.org
What is the revenue of Serenity Place Inc?
Serenity Place Inc's revenue in 2023 was $579,846.
Official website here: www.findserenity.org
Who are the executives of Serenity Place Inc and what are their salaries?
The average compensation at Serenity Place Inc during 2023 was $19,398. There are 7 employees at Serenity Place Inc.
Here are 7 key members and their salaries:
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Official website here: www.findserenity.org
Where can I find the form 990 for Serenity Place Inc?
Serenity Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.findserenity.org
Learn more at the official website: www.findserenity.org
Mission Statement of Serenity Place Inc
Serenity Place Inc, a non-profit organization, is dedicated to providing a conducive environment for men recovering from alcohol and drug dependency. Their mission is threefold: to offer a halfway house, counseling services, and a safe sanctuary for these individuals.
In practice, Serenity Place Inc maintains facilities that cater to these recovering men. Beyond the physical space, they secure funding for and carry out activities aimed at educating, counseling, and assisting residents in securing employment and in their disease recovery. In essence, Serenity Place Inc is a beacon of hope for men seeking to reclaim their lives, offering them the resources and support needed to overcome addiction and build a brighter future.
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Impact
July, 2024
Serenity Place Inc provides crucial support to recovering alcohol and drug-dependent men by offering halfway house accommodations, counseling services, and a safe environment. Through its efforts, the organization helps individuals transition from addiction to recovery by providing a structured environment and resources for personal growth and development. Additionally, Serenity Place Inc plays a vital role in educating, counseling, and assisting residents in securing employment while supporting them in their journey towards disease recovery. Located in Dover, DE, the organization's impact extends to improving the mental health and overall well-being of its residents, contributing positively to the community at large.
This information is meant to be a general summary of Serenity Place 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: $700
- Program Service Revenue: $572,546
- Gross Receipts: $579,846
Assets and Liabilities:
- Total Assets: $563,324
- Total Liabilities: $4,522
- Net Assets: $558,802
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE OF DE CONTRACT
Revenue
$439,515
ROOM & BOARD FEES
Revenue
$133,031
Organization Details
Founding Year
1993
Phone
(302) 674-8036Principal Officer
Ross Trader
Main Address
327 MARTIN STREET, DOVER, DE, 19901
Website
www.findserenity.orgNTEE Category
Code: F22Z - Mental health
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