Overview
What is Nick's Place Inc?
Nick's Place Inc is a nonprofit organization based in Beltsville, Maryland, dedicated to helping young men aged 20-26 overcome addiction. Their primary focus is providing a secure and sober living environment, complemented by life-management programs, to aid in the recovery process. The organization's mission is to save lives, offering a safe haven and essential support for these young men as they battle the disease of addiction. In addition to housing, Nick's Place offers a range of services tailored to the recovery process, creating an atmosphere conducive to healing and growth.
Official website here: www.nicksplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Nick's Place Inc has achieved a 76% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity benefits from a fully independent board consisting of eight members, which is a positive reflection of its governance. Additionally, there are no reported material diversions of assets, showing a commitment to financial integrity.
The nonprofit excels in program expenses, allocating 100% of its resources directly to its programs, which underscores its focus on mission-driven work. The organization has also made its tax form accessible on its website, promoting transparency. However, it has been noted that several key policies, including a conflict of interest policy and a whistleblower policy, are missing, which could pose potential risks to governance and accountability.
Overall, while Nick's Place Inc demonstrates strong financial management and governance in certain areas, the absence of critical policies highlights areas for improvement. Addressing these gaps could enhance the organization's overall effectiveness and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Nick's Place Inc legitimate?
Nick's Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nick's Place 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: $78,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,512
For more financial information, click here
Official website here: www.nicksplace.org
What is the mission statement of Nick's Place Inc?
Nick's Place Inc is dedicated to saving lives by offering a structured recovery residence for young men aged 20-26, helping them overcome addiction. The organization provides a safe, sober, and affordable home, along with life-management programs, to support their recovery from the disease of addiction. The mission of Nick's Place is to offer young men a chance at a new life, free from the grips of addiction, and empower them to rebuild their lives in a supportive and structured environment. The organization aims to provide the essentials needed for recovery and offers a wide range of support services to help young men achieve long-term sobriety and a fulfilling life.
Official website here: www.nicksplace.org
Who is the CEO of Nick's Place Inc?
Rhea Mcvicker is the Executive Director of Nick's Place Inc.
Official website here: www.nicksplace.org
What is the revenue of Nick's Place Inc?
Nick's Place Inc's revenue in 2022 was $308,414.
Official website here: www.nicksplace.org
Who are the executives of Nick's Place Inc and what are their salaries?
The average compensation at Nick's Place Inc during 2022 was $28,513. There are 10 employees and 30 volunteers at Nick's Place Inc.
Here are 9 key members and their salaries:
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Official website here: www.nicksplace.org
Where can I find the form 990 for Nick's Place Inc?
Nick's Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nicksplace.org
Learn more at the official website: www.nicksplace.org
Mission Statement of Nick's Place Inc
Nick's Place Inc, a dedicated nonprofit organization, is committed to saving lives. Their primary mission is to provide a structured Recovery Residence for young men aged between 20 and 26, offering them a safe and sober living environment that aids in their recovery from addiction. This residence serves as a home and a support system, providing life-management programs to help these individuals overcome their struggles with addiction. Nick's Place Inc offers a unique opportunity for young men to begin their journey towards recovery, enabling them to rebuild their lives and foster a healthier, more productive future.
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Impact
June, 2024
Nick's Place Inc's impact is profound as it saves lives by providing a structured Recovery Residence for young men aged 20-26 who are recovering from addiction. Located in Beltsville, MD, this organization offers a safe and sober living environment along with life-management programs to support individuals in their journey towards recovery. By focusing on the holistic well-being of its residents, Nick's Place Inc plays a vital role in supporting mental health and addiction recovery in its community.
This information is meant to be a general summary of Nick's Place 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: $15,350
- Gross Receipts: $308,414
Assets and Liabilities:
- Total Assets: $800,875
- Total Liabilities: $0
- Net Assets: $800,875
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Organization Details
Founding Year
1999
Phone
(301) 938-8502Principal Officer
Rhea Mcvicker
Main Address
10482 BALTIMORE AVE APT 199, BELTSVILLE, MD, 20705
Website
www.nicksplace.orgNTEE Category
Code: F20 - Mental health
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