Overview
What is Richcroft Inc?
Richcroft Inc, a nonprofit organization founded in 1983, is dedicated to empowering individuals with intellectual and developmental disabilities in Howard, Harford, Baltimore, and Carroll Counties. They offer a range of services, including residential care, education, and support, with a focus on individual choice and independence. By providing these opportunities, Richcroft, Inc. helps these individuals live full and productive lives. Their team of 579 employees works tirelessly to ensure that the people they serve have access to the resources they need to thrive.
Official website here: www.richcroft.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
Richcroft Inc has achieved a high level of accountability and finance, reflected in its impressive 96 score in this category. The organization boasts a strong program expense ratio of 89.38%, indicating that a significant portion of its funds directly support its programs. Additionally, it has demonstrated effective governance with 100% independent board members and a comprehensive set of policies, ensuring transparency and ethical practices.
The nonprofit also excels in its culture and community, with a score of 90, highlighting its commitment to engaging with stakeholders and fostering a positive organizational environment. The perfect scores in feedback collection and usage suggest that Richcroft actively listens to and incorporates the perspectives of those it serves, promoting a responsive and adaptive approach to its mission.
While the organization shows robust financial practices and a strong commitment to equity strategies, which scored 85 out of 100, there is always room for improvement in this area. Overall, Richcroft Inc stands out for its strong governance, ethical oversight, and dedication to impactful programming.
This AI summary has been generated from information found on Charity Navigator.
Is Richcroft Inc legitimate?
Richcroft Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richcroft 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: $456,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,704,653
For more financial information, click here
Official website here: www.richcroft.org
What is the mission statement of Richcroft Inc?
Richcroft Inc, a not-for-profit organization, has been committed to enhancing the lives of individuals with intellectual and developmental disabilities since 1983. The mission of Richcroft, Inc. is centered around empowering these individuals to make choices that foster a full and productive life. Through their array of services which include residential, educational, and support programs, they aim to create opportunities for personal growth and independence. Based in Howard, Harford, Baltimore, and Carroll Counties, Richcroft, Inc. is dedicated to ensuring individual choice, control, and satisfaction for the people they serve. Their focus is on enabling these individuals to reach their full potential and live meaningful lives.
Official website here: www.richcroft.org
Who is the CEO of Richcroft Inc?
Kevin M Drumheller is the Ceo of Richcroft Inc. The CEO's salary of Richcroft Inc is $197,634 and their total compensation is $236,366.
Official website here: www.richcroft.org
What is the revenue of Richcroft Inc?
Richcroft Inc's revenue in 2023 was $30,024,445.
Official website here: www.richcroft.org
Who are the executives of Richcroft Inc and what are their salaries?
The average compensation at Richcroft Inc during 2023 was $33,093. There are 579 employees and 87 volunteers at Richcroft Inc.
Here are 15 key members and their salaries (Richcroft Inc's CEO's salary is $197,634 and their total compensation is $236,366):
- Compensation: $197,634
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- Other: $38,732
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- Other: $26,666
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Official website here: www.richcroft.org
Where can I find the form 990 for Richcroft Inc?
Richcroft Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.richcroft.org
Learn more at the official website: www.richcroft.org
Mission Statement of Richcroft Inc
Richcroft Inc, a leading not-for-profit organization, has been dedicated to enhancing the lives of men and women with intellectual and developmental disabilities since 1983. The mission of Richcroft, Inc. is geared towards creating meaningful opportunities that enable these individuals to make personal choices and lead productive lives.
Through its various programs and services, Richcroft, Inc. provides essential residential, educational, and support services in Howard, Harford, Baltimore, and Carroll Counties. The organization is committed to fostering a sense of individual control and satisfaction, allowing those it serves to live fulfilling lives with dignity. By offering supported living, respite care, and family/individual support services, Richcroft, Inc. empowers individuals to actively participate in their communities and reach their full potential.
In essence, Richcroft, Inc. stands as a beacon of hope for people with intellectual and developmental disabilities, equipping them with the resources and support necessary to make informed decisions and live lives filled with purpose and satisfaction.
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Impact
October, 2024
Richcroft Inc significantly enhances the lives of individuals with intellectual and developmental disabilities in Maryland's Howard, Harford, Baltimore, and Carroll Counties. Since its inception in 1983, the organization has been dedicated to creating opportunities for empowerment and self-determination among its clients. By emphasizing individual choice and satisfaction, Richcroft fosters an environment where men and women can lead full, productive lives.
Through a wide range of services, including supported living, respite care, and comprehensive educational support, Richcroft ensures that its clients receive personalized care tailored to their unique needs. This approach not only promotes independence but also cultivates a sense of belonging within the community. The organization's commitment to empowering individuals translates into meaningful improvements in quality of life, enabling clients to engage actively with their environments and pursue their goals.
By prioritizing choice and control, Richcroft Inc has become a cornerstone of support for families and individuals navigating the challenges associated with developmental disabilities. Its impact resonates profoundly across the communities it serves, fostering inclusivity, understanding, and ultimately, a more supportive society for all individuals.
This information is meant to be a general summary of Richcroft 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: $334,532
- Program Service Revenue: $29,587,042
- Gross Receipts: $30,087,609
Assets and Liabilities:
- Total Assets: $22,393,362
- Total Liabilities: $10,724,433
- Net Assets: $11,668,929
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$909,420
CONTRACTS W/GOVT AGENCIES
DEPT OF HLTH & MENTAL HYG
Revenue
$28,379,105
FOOD STAMP REVENUE
Revenue
$206,978
OTHER
Revenue
$91,539
Organization Details
Founding Year
1983
Phone
(410) 785-3274Principal Officer
Kevin M Drumheller
Main Address
11350 McCormick Road Exec Plaza IV, HUNT VALLEY, MD, 21031
Website
www.richcroft.orgNTEE Category
Code: P730 - Human services
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