Overview
What is Stonecrest Home Arts Inc?
Stonecrest Home Arts Inc. is a nonprofit organization situated in Washington, D.C., specifically at 4201 43rd Street NW. Their mission is to help women enhance their character, relationships, and professional pursuits. They accomplish this through a variety of classes and seminars, offering both spiritual and practical resources. During the 2022 operating year, they rekindled operations after the COVID-19 shutdown, providing internships and accommodating numerous students. Their programs encourage a dedication to service in various aspects of life, including family, friends, and community. The services were well-received via Zoom and in-person interactions, with approximately 45-50 participants engaging in their activities.
Official website here: www.stonecrest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Stonecrest Home Arts Inc has received a Three-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 85%. This rating highlights the organization's commitment to maintaining a strong financial management framework, with a majority of its board members being independent, thus ensuring transparency and reducing potential conflicts of interest.
The organization excels in several financial metrics, including a high program expense ratio of 75.04%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency shows a minimal cost of $0.01 to raise a dollar, suggesting effective fundraising strategies. The organization also maintains a healthy liabilities to assets ratio of just 0.43%, reflecting sound financial health.
However, there are areas for improvement, notably the absence of a whistleblower policy, which could enhance the organization’s accountability measures. Despite this limitation, the overall financial structure and governance practices present a strong foundation for Stonecrest Home Arts Inc, making it a relatively reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Stonecrest Home Arts Inc legitimate?
Stonecrest Home Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stonecrest Home Arts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $302,747
For more financial information, click here
Official website here: www.stonecrest.org
What is the mission statement of Stonecrest Home Arts Inc?
Stonecrest Home Arts Inc. is dedicated to serving women of various ages, aiming to enhance their character, relationships, and professional pursuits. The organization offers classes and seminars as resources, focusing on spiritual, intellectual, and practical growth to help each woman strive for excellence in daily life. During the 2022 operating year, the programs rejuvenated after the COVID-19 shutdown, offering internships for young individuals and classes that promote a commitment to service in all aspects of life, including family, friends, and community. These opportunities were well-received, with approximately 45-50 participants attending either in person or via Zoom.
Official website here: www.stonecrest.org
Who is the CEO of Stonecrest Home Arts Inc?
Kathryn T Kelley is the Director, Chairman of Stonecrest Home Arts Inc.
Official website here: www.stonecrest.org
What is the revenue of Stonecrest Home Arts Inc?
Stonecrest Home Arts Inc's revenue in 2022 was $2,013,940.
Official website here: www.stonecrest.org
Who are the executives of Stonecrest Home Arts Inc and what are their salaries?
The average compensation at Stonecrest Home Arts Inc during 2022 was $6,728. There are 45 employees at Stonecrest Home Arts Inc.
Here are 5 key members and their salaries:
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Official website here: www.stonecrest.org
Where can I find the form 990 for Stonecrest Home Arts Inc?
Stonecrest Home Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stonecrest.org
Learn more at the official website: www.stonecrest.org
Mission Statement of Stonecrest Home Arts Inc
Stonecrest Home Arts Inc is dedicated to supporting women of all ages in their personal growth and development. Their mission is to offer classes and seminars that help women strengthen their character, relationships, and professional pursuits. The organization provides spiritual, intellectual, and practical resources, aiming to inspire excellence in everyday life. Their programs, which include internships for young people, encourage commitment to service in various aspects of life, such as family, friends, and community. Whether delivered through Zoom or physical services, these opportunities have been well-attended, attracting around 45-50 participants during the 2022 operating year.
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Impact
July, 2024
Stonecrest Home Arts Inc's impact is significant in providing valuable services to women of all ages who are looking to enhance their character, relationships, and professional endeavors. Through a variety of programs, classes, and seminars, Stonecrest Home Arts empowers women to strive for excellence in all aspects of their lives. The organization's efforts have been particularly impactful in the wake of the COVID-19 shutdown, with programs being well attended both in-person and through virtual platforms like Zoom. By offering internships, real-world work experience, and a commitment to service, Stonecrest Home Arts Inc has positively influenced the lives of numerous program participants, equipping them with the skills and resources needed to succeed in their personal and professional lives.
This information is meant to be a general summary of Stonecrest Home Arts 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: -$1,686
- Program Service Revenue: $91,874
- Gross Receipts: $2,013,940
Assets and Liabilities:
- Total Assets: $2,924,334
- Total Liabilities: $12,834
- Net Assets: $2,911,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Residence Fees
Revenue
$70,596
Instructional Revenue
Revenue
$21,278
Organization Details
Founding Year
1991
Phone
(202) 244-5698Principal Officer
Kathryn T Kelley
Main Address
4201 43rd Street NW, WASHINGTON, DC, 20016
Website
www.stonecrest.orgNTEE Category
Code: X22 - Religion related
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