Overview
What is Shore Up Inc P O Box 430?
Shore Up Inc, located at PO Box 430 in Salisbury, Maryland, is a nonprofit organization dedicated to providing services and solutions for the challenges faced by low-income individuals and their communities on the Eastern Shore. With a team of 312 employees, they focus on the development of disadvantaged pre-school children through various programs, while also offering family support. Their mission is to aid individuals and families, who due to debilitating conditions such as age, disability, and economic hardships, cannot move towards self-sufficiency independently.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Shore Up Inc has achieved a high rating of 94%, reflecting its strong commitment to accountability and financial transparency. The rating is based entirely on its performance in financial metrics, showcasing a robust governance structure with 100% independent board members, which is a key indicator of integrity within the organization. The absence of any material diversion of assets further emphasizes the charity's financial stewardship.
The organization excels in its financial management, evidenced by a program expense ratio of 90.47%, indicating that the majority of its funds are directed toward its programs rather than administrative costs. Additionally, the presence of established policies, such as those for conflict of interest and whistleblowing, highlights Shore Up Inc's dedication to maintaining ethical practices and a transparent operational environment.
While the data indicates strong performance in accountability and finance, it is important for potential donors to consider the programmatic impact of the charity's efforts. Transparency in both financial and operational practices is commendable, but ongoing assessment of how effectively funds translate into community benefits would provide a more comprehensive view of the nonprofit's overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Shore Up Inc P O Box 430 legitimate?
Shore Up Inc P O Box 430 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shore Up Inc P O Box 430 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: $151,891
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,813,844
For more financial information, click here
What is the mission statement of Shore Up Inc P O Box 430?
Shore Up Inc is dedicated to addressing the issues faced by low-income communities in the mid-Atlantic region. Their mission is to develop and provide solutions to help individuals and families, particularly those affected by debilitating conditions such as age, disability, and economic hardship, move towards self-sufficiency. The organization offers various programs for disadvantaged preschool children and provides family support. Their goal is to aid in improving the lives of those in need and create a self-sufficient community.
Who is the CEO of Shore Up Inc P O Box 430?
Freddy L Mitchell is the Director of Shore Up Inc P O Box 430.
What is the revenue of Shore Up Inc P O Box 430?
Shore Up Inc P O Box 430's revenue in 2022 was $29,256,281.
Who are the executives of Shore Up Inc P O Box 430 and what are their salaries?
The average compensation at Shore Up Inc P O Box 430 during 2022 was $25,531. There are 312 employees and 945 volunteers at Shore Up Inc P O Box 430.
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- Compensation: $151,891
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Where can I find the form 990 for Shore Up Inc P O Box 430?
Shore Up Inc P O Box 430's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shore Up Inc P O Box 430
Shore Up Inc, a dedicated nonprofit organization, strives to address the issues faced by low-income communities on the Eastern Shore. Its mission is threefold: providing services, developing solutions, and aiding individuals and families in need.
The organization's primary goal is to serve the lower, middle, and upper Eastern Shore areas, focusing on finding practical answers to the challenges faced by low-income people and their communities. Shore Up Inc is committed to helping those who, due to debilitating conditions such as age, disability, or economic circumstances, cannot independently move towards self-sufficiency.
In terms of specific programs, Shore Up Inc offers children and family services. These services include various initiatives to support the development of disadvantaged preschool children. Furthermore, the organization offers family support to ensure a stronger community structure. By investing in the future of its community's most vulnerable members, Shore Up Inc aspires to create lasting, positive change.
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Impact
October, 2024
Shore Up Inc impacts the community by addressing the challenges faced by low-income individuals and families on the Eastern Shore. Through a range of programs focused on children and family services, they provide essential support that enables disadvantaged preschool children to thrive and fosters family stability.
Their mission centers on developing effective solutions to overcome various obstacles related to age, disability, and economic hardship. By offering resources and assistance, Shore Up Inc aids individuals and families in their quest for self-sufficiency, helping to elevate their quality of life and foster community resilience. This comprehensive approach not only benefits those directly served but also strengthens the broader community by promoting social and economic well-being.
This information is meant to be a general summary of Shore Up Inc P O Box 430. 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: $8,819
- Program Service Revenue: $3,593,248
- Gross Receipts: $29,256,281
Assets and Liabilities:
- Total Assets: $14,589,518
- Total Liabilities: $5,039,031
- Net Assets: $9,550,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARSONS TRUST
Revenue
$37,624
Organization Details
Founding Year
1965
Phone
(410) 749-1142Principal Officer
Freddy L Mitchell
Main Address
520 SNOW HILL ROAD, SALISBURY, MD, 21801
NTEE Category
Code: P70 - Human services
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