Overview
What is Maryland Salem Children's Trust Inc?
Maryland Salem Children's Trust Inc is a nonprofit organization situated in Frostburg, Maryland, with a focus on providing support to foster children in need. Their mission encompasses offering a home, family services, therapy, and educational programs to these children. The organization's primary activities involve providing basic care, such as food, clothing, shelter, and medical services. Additionally, they offer social counseling and life skills development, aiming to foster character growth. With a team of 58 dedicated individuals, Maryland Salem Children's Trust Inc works tirelessly to offer both family restoration and a permanent home base to all the children under their care.
Official website here: www.mdsalem.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Maryland Salem Children's Trust Inc has achieved an 83% score, which reflects a solid level of accountability and finance management. The charity's rating is entirely based on its performance in these areas, indicating a strong commitment to organizational transparency and ethical practices. The charity's independent board structure is notable, with 100% of its members being independent, which enhances governance and decision-making integrity.
Strengths highlighted in the evaluation include the absence of material diversion of assets and the presence of comprehensive policies for conflict of interest, whistleblowing, and document retention. Additionally, the organization maintains a favorable liabilities to assets ratio and allocates a significant portion of its budget to program expenses, reflecting its focus on mission-driven activities and efficient use of resources.
While the organization scores highly in various accountability measures, continuous improvement in financial management and operational efficiency could further enhance its rating. Nonetheless, Maryland Salem Children's Trust Inc demonstrates a commendable commitment to fiscal responsibility and transparency, contributing positively to its credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland Salem Children's Trust Inc legitimate?
Maryland Salem Children's Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Salem Children's Trust 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mdsalem.com
What is the mission statement of Maryland Salem Children's Trust Inc?
Maryland Salem Children's Trust Inc's mission is centered around providing support for children who have experienced abuse, neglect, or homelessness. Their primary objective is to offer a safe and nurturing environment for these children. The organization's program focuses on the development of essential life skills and fostering good character. Both family restoration and the provision of a permanent home base are offered to all children under their care. The services provided by Maryland Salem Children's Trust Inc include basic care such as food, clothing, and shelter, as well as medical and health care, and social counseling for foster children. They offer comprehensive support, aiming to equip these children with the tools they need to thrive and lead fulfilling lives.
Official website here: www.mdsalem.com
What is the revenue of Maryland Salem Children's Trust Inc?
Maryland Salem Children's Trust Inc's revenue in 2024 was $119,540.
Official website here: www.mdsalem.com
Who are the executives of Maryland Salem Children's Trust Inc and what are their salaries?
The average compensation at Maryland Salem Children's Trust Inc during 2024 was $13,255.
Here are 5 key members and their salaries:
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Official website here: www.mdsalem.com
Where can I find the form 990 for Maryland Salem Children's Trust Inc?
Maryland Salem Children's Trust Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mdsalem.com
Learn more at the official website: www.mdsalem.com
Mission Statement of Maryland Salem Children's Trust Inc
Maryland Salem Children's Trust Inc is dedicated to providing a nurturing environment for abused, neglected, and homeless children. Their mission encompasses offering children in need a home, a family, therapy, and educational services. The focus of their program is on fostering life skills and shaping character. Both family restoration and providing a permanent home base are offered to all children under their care.
This nonprofit organization provides essential services such as basic child care, housing, shelter, clothing, food, and medical and health care. They also offer social counseling for foster children. Beyond the basics, Maryland Salem Children's Trust Inc also provides social support, ensuring that every child under their care receives the necessary attention and care they require to thrive. Their holistic approach to child welfare ensures that each child receives the care they need to develop life skills and form a strong character, setting them up for a brighter future.
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Impact
July, 2024
Maryland Salem Children's Trust Inc provides a home for abused, neglected, and homeless children in Frostburg, Maryland. They offer basic care, housing, shelter, clothing, food, medical and health care, and social counseling for foster children. The organization's mission is to provide a home, family, therapy, and educational services to children in need, focusing on life skills development and character formation. They offer both family restoration and the provision of a permanent home base for all children, aiming to make a positive impact on the lives of vulnerable children in their community.
This information is meant to be a general summary of Maryland Salem Children's Trust 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 2024.
- Investment Income: $22,030
- Program Service Revenue: $853,465
- Gross Receipts: $119,540
Assets and Liabilities:
- Total Assets: $3,209,049
- Total Liabilities: $1,400,444
- Net Assets: $1,808,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGM SVC FEES - CHILD
Revenue
$853,465
Organization Details
Founding Year
1979
Principal Officer
Merlin Beitzel
Website
www.mdsalem.comNTEE Category
Code: P32 - Human services
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