Overview
What is Guardian Foundation Inc?
Guardian Foundation Inc is a nonprofit corporation based in Ooltewah, Tennessee, with a specific mission to offer administrative support to its affiliated entities. These entities include nursing homes, hospices, retirement facilities, and facilities for individuals with intellectual disabilities. The organization's primary role is to provide proactive administrative and professional support services that enhance the missions of its affiliated organizations. Established under the nonprofit corporation laws of Pennsylvania, Guardian Foundation Inc operates exclusively for public charitable purposes. With a total of 6 employees, the foundation's long-term charitable mission is to support its affiliated entities, which develop or acquire and subsequently own and operate the aforementioned facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Guardian Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score, which is entirely based on a single beacon score, indicates a strong commitment to fiscal responsibility, particularly highlighted by a program expense ratio of 80.56%, suggesting that a significant portion of their funds is allocated directly to programs rather than administrative costs.
The organization demonstrates a commendable level of governance, with 66% of board members being independent, which is crucial for maintaining ethical practices and decision-making. Additionally, Guardian Foundation has implemented key policies such as conflict of interest and whistleblower protection, enhancing its credibility and operational transparency. Their financial stability is further supported by a low liabilities to assets ratio of 16.97%.
While the data reflects a strong focus on accountability, the single beacon score means that other areas of performance may not be captured in this rating. Nonetheless, Guardian Foundation's strong financial practices and governance policies indicate it is a responsible nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Guardian Foundation Inc legitimate?
Guardian Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guardian Foundation 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: $1,420,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $430,753
For more financial information, click here
What is the mission statement of Guardian Foundation Inc?
Guardian Foundation Inc, a nonprofit organization, is dedicated to providing proactive administrative and professional support services that advance the missions of its affiliated organizations. Specifically, it supports its partner entities that operate nursing homes, hospices, retirement facilities, and facilities for individuals with intellectual disabilities, offering corporate administrative aid. The organization's long-term charitable mission is to provide supporting services to these affiliated entities.
Who is the CEO of Guardian Foundation Inc?
Mark A Waldrop is the Dir, President/Ceo of Guardian Foundation Inc. The CEO's salary of Guardian Foundation Inc is $628,500 and their total compensation is $652,170.
What is the revenue of Guardian Foundation Inc?
Guardian Foundation Inc's revenue in 2022 was $1,922,778.
Who are the executives of Guardian Foundation Inc and what are their salaries?
The average compensation at Guardian Foundation Inc during 2022 was $308,600. There are 6 employees and 4 volunteers at Guardian Foundation Inc.
Here are 9 key members and their salaries (Guardian Foundation Inc's CEO's salary is $628,500 and their total compensation is $652,170):
- Compensation: $628,500
- Related: $0
- Other: $23,670
- Compensation: $0
- Related: $401,790
- Other: $17,692
- Compensation: $301,500
- Related: $0
- Other: $15,990
- Compensation: $277,334
- Related: $0
- Other: $0
- Compensation: $136,138
- Related: $0
- Other: $15,990
- Compensation: $31,000
- Related: $0
- Other: $0
- Compensation: $27,000
- Related: $0
- Other: $0
- Compensation: $25,750
- Related: $0
- Other: $0
- Compensation: $23,250
- Related: $0
- Other: $0
Where can I find the form 990 for Guardian Foundation Inc?
Guardian Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Guardian Foundation Inc
Guardian Foundation Inc, a nonprofit corporation, is dedicated to supporting its affiliated entities in their mission to operate nursing homes, hospices, retirement facilities, and facilities for individuals with intellectual disabilities. Its primary mission is to provide proactive administrative and professional support services that enhance the objectives of these affiliated organizations. By offering corporate administrative support, Guardian Foundation Inc plays a crucial role in ensuring the smooth operation and success of these facilities. It supports its affiliates in their development, acquisition, and management of these facilities, thereby contributing to the well-being and care of various communities.
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Impact
July, 2024
Guardian Foundation Inc's impact lies in providing administrative support to its affiliated entities, including nursing homes, hospices, retirement facilities, and facilities for individuals with intellectual disabilities. By offering proactive administrative and professional support services, Guardian Foundation Inc contributes to advancing the mission of these affiliated organizations. This support helps ensure the smooth operation and provision of care in these critical healthcare and support facilities, ultimately benefiting the individuals served by these entities.
This information is meant to be a general summary of Guardian Foundation 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: $278,936
- Program Service Revenue: $1,632,966
- Gross Receipts: $1,938,506
Assets and Liabilities:
- Total Assets: $14,491,995
- Total Liabilities: $1,599,529
- Net Assets: $12,892,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR ADMIN SUPPORT
Revenue
$1,632,966
Organization Details
Founding Year
1989
Phone
(404) 233-6500Principal Officer
Mark A Waldrop
Main Address
5243 LITTLE DEBBIE PARKWAY 101, OOLTEWAH, TN, 37363
NTEE Category
Code: E90 - Health
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