Overview
What is At Jacob's Well Inc?
At Jacob's Well Inc, established in Baltimore, Maryland, is a dedicated nonprofit organization that focuses on assisting the homeless population suffering from mental illness. They provide a holistic approach by offering housing, advocacy, and food services. Their mission is to break the cycle of homelessness for mentally ill individuals, promoting dignity and accountability through their supportive transitional and permanent housing programs. With a staff of four, they strive to improve the lives of the less fortunate in their community, making At Jacob's Well Inc a model for compassionate housing solutions.
Official website here: www.atjacobswell.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
At Jacob's Well Inc has achieved an outstanding rating of 100%, reflecting its commitment to accountability and financial health. This four-star designation indicates that the organization meets high standards in its financial practices, ensuring that donations are used effectively and efficiently. The organization’s Accountability & Finance score is perfect, demonstrating strong governance and operational integrity.
The nonprofit is governed by a fully independent board, with all ten members free from conflicts of interest, which reinforces its credibility. It has established robust policies for conflict of interest, whistleblower protection, and document retention, showcasing a strong framework for ethical management. Financially, the organization shows a healthy 19.30% liabilities to assets ratio and a commendable program expense ratio of 78.80%, indicating that a significant portion of its funding is directed toward its mission-related activities.
While the data reflects impressive strengths, no limitations are specifically noted. Overall, At Jacob's Well Inc serves as a model of transparency and financial responsibility within the nonprofit sector, instilling confidence in its stakeholders and benefactors.
This AI summary has been generated from information found on Charity Navigator.
Is At Jacob's Well Inc legitimate?
At Jacob's Well Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. At Jacob's Well 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: $70,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,394
For more financial information, click here
Official website here: www.atjacobswell.org
What is the mission statement of At Jacob's Well Inc?
At Jacob's Well Inc, their mission is focused on assisting the homeless and impoverished individuals suffering from mental illness in Baltimore City. Their primary objective is to break the cycle of homelessness for mentally ill individuals by providing both transitional and permanent housing. This approach emphasizes dignity and accountability, setting a notable example for supportive housing for mentally ill homeless individuals. The organization offers housing, advocacy, and food services to those in need.
Official website here: www.atjacobswell.org
Who is the CEO of At Jacob's Well Inc?
Charles L Smith is the Director of At Jacob's Well Inc.
Official website here: www.atjacobswell.org
What is the revenue of At Jacob's Well Inc?
At Jacob's Well Inc's revenue in 2022 was $576,700.
Official website here: www.atjacobswell.org
Who are the executives of At Jacob's Well Inc and what are their salaries?
The average compensation at At Jacob's Well Inc during 2022 was $38,017. There are 4 employees and 120 volunteers at At Jacob's Well Inc.
Here are 11 key members and their salaries:
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- Compensation: $81,666
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Official website here: www.atjacobswell.org
Where can I find the form 990 for At Jacob's Well Inc?
At Jacob's Well Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atjacobswell.org
Learn more at the official website: www.atjacobswell.org
Mission Statement of At Jacob's Well Inc
At Jacob's Well Inc, a nonprofit organization, is committed to breaking the cycle of homelessness for mentally ill individuals in Baltimore City. Their mission is rooted in the belief that every individual deserves dignity and accountability. By providing supportive transitional and permanent housing, At Jacob's Well Inc aims to empower these individuals to regain control of their lives. Their philosophy has earned them recognition as a model for supportive housing for the mentally ill homeless population.
Beyond housing, At Jacob's Well Inc also extends its services to include advocacy and food provision for the mentally ill homeless persons they serve. The organization's work is instrumental in promoting a sense of self-worth and responsibility among the individuals it assists, ultimately contributing to their reintegration into society.
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Impact
July, 2024
At Jacob's Well Inc's impact is profound in the city of Baltimore, Maryland. By serving the homeless and poor who suffer from mental illness, this organization is actively working to end the cycle of homelessness for this vulnerable population. Through the provision of housing, advocacy, and food, At Jacob's Well Inc promotes dignity and accountability for individuals experiencing mental illness and homelessness. Their philosophy has made them a model for supportive housing for the mentally ill homeless in the community.
This information is meant to be a general summary of At Jacob's Well 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.
- Investment Income: $1,650
- Program Service Revenue: $27,601
- Gross Receipts: $576,700
Assets and Liabilities:
- Total Assets: $948,345
- Total Liabilities: $184,589
- Net Assets: $763,756
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$27,601
Organization Details
Founding Year
1986
Phone
(410) 235-8877Principal Officer
Charles L Smith
Main Address
323 EAST 25TH STREET, BALTIMORE, MD, 21218
Website
www.atjacobswell.orgNTEE Category
Code: L410 - Housing
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