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Fidelity Resources Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522353644 ✦ Towson, MD ✦ Designated as a 501(c)(3)

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Overview

What is Fidelity Resources Inc?

Fidelity Resources Inc, located at 1041 Cromwell Bridge Rd in Towson, Maryland (ZIP code 21286), is a dedicated nonprofit organization. With a team of 94 employees, their mission is to provide resources, quality care, and supportive services to individuals with disabilities and special needs, enabling them to achieve the highest level of community living and success. In the previous fiscal year, they served 126 clients, significantly enhancing their quality of life.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 83% (Three-Star out of Four Star rating)

Fidelity Resources Inc has received an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a strong commitment to transparency and governance, with the organization earning full points in various categories such as having an independent board, documented policies, and oversight mechanisms in place.

The majority of the board members are independent, which generally enhances the organization's operations and decision-making processes. Moreover, Fidelity Resources Inc has demonstrated proper financial management, with no reported diversions of assets and effective conflict of interest and whistleblower policies. The organization also maintains transparency by posting its tax forms online.

However, there are areas for improvement, particularly regarding its liabilities to assets ratio, which scored lower than desired. While the program expense ratio is commendable at 66.91%, indicating that a significant portion of its funds is directed toward its programs, stakeholders may want to monitor the financial stability over time to ensure sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Fidelity Resources Inc legitimate?

Fidelity Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fidelity Resources 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: $6,164,764

For more financial information, click here

What is the mission statement of Fidelity Resources Inc?

Fidelity Resources Inc is committed to providing resources, quality care, and supportive services to individuals with disabilities and special needs. Their mission is to help these individuals reach the highest level of community living and success. In the past fiscal year, they served 126 clients, enhancing the quality of life for the population they served through their dedicated care. The organization aims to empower individuals with disabilities to live fulfilling lives and reach their full potential. They provide a range of services to meet the unique needs of each client, striving for continuous improvement and innovation. Fidelity Resources Inc is dedicated to making a positive impact on the lives of those they serve.

Who is the CEO of Fidelity Resources Inc?

Christiana Oparah is the Director-Bod Secretary of Fidelity Resources Inc.

What is the revenue of Fidelity Resources Inc?

Fidelity Resources Inc's revenue in 2021 was $13,537,052.

Who are the executives of Fidelity Resources Inc and what are their salaries?

The average compensation at Fidelity Resources Inc during 2021 was $65,583. There are 94 employees at Fidelity Resources Inc.


Here are 5 key members and their salaries:


Carol Wiecheldoffer (Director-Bod Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ogechi Ekecha (Director-Bod Duputy Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunan Onyema (Director-Bod Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christiana Oparah (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Duru (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fidelity Resources Inc?

Fidelity Resources Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Fidelity Resources Inc

Fidelity Resources Inc, a dedicated nonprofit organization, is committed to enhancing the lives of individuals with disabilities and special needs. By providing resources, quality care, and supportive services, this esteemed institution strives to help its clients reach the highest level of community living and success. In the past fiscal year, Fidelity Resources served 126 clients, demonstrating their unwavering dedication to those they serve.

Fidelity Resources' mission is twofold: first, to offer essential resources that cater to the unique requirements of individuals with disabilities and special needs; and second, to deliver quality care that significantly enhances their overall wellbeing. By attending to these fundamental needs, Fidelity Resources empowers its clients to thrive in their communities and achieve personal growth.

The organization's team of dedicated professionals tailors their services to meet the diverse and evolving needs of each client. By implementing a person-centered approach, Fidelity Resources ensures that every individual receives the care and support needed to live their best life. Their services encompass a wide range of areas, including health care, education, employment, and social engagement, all geared towards helping clients overcome the challenges they face and live more fulfilling lives.

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Impact




October, 2024

Fidelity Resources Inc has significantly impacted the lives of individuals with disabilities and special needs by providing essential resources, quality care, and supportive services. Over the past fiscal year, the organization served 126 clients, focusing on enhancing their quality of life. By offering tailored support, Fidelity Resources Inc empowers individuals to achieve greater independence and success within their communities. Their mission is centered around uplifting those with disabilities, ensuring they have access to the tools and services necessary for optimal community living. This organization plays a crucial role in promoting mental health and well-being for a vulnerable population, ultimately fostering a more inclusive society in Towson, MD.




This information is meant to be a general summary of Fidelity Resources 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.

Revenue
$13,537,052 (2021)
Expenses
$9,492,768 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $12,249,138
  • Gross Receipts: $13,537,052

Assets and Liabilities:

  • Total Assets: $5,393,131
  • Total Liabilities: $59,061
  • Net Assets: $5,334,070

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COMMUNIT SUPPORT PS

Revenue

$7,625,428

FAMILY SUPPORT SERVICES

Revenue

$9,299

INDIVIDUAL SUPPORT SERV

Revenue

$719,062

INDIVIDUAL FAMILY CARE

Revenue

$322,195

RESIDENTIAL PROGRAM

Revenue

$2,533,561

Organization Details

Founding Year

2002

Principal Officer

Christiana Oparah

Main Address

1041 CROMWELL BRIDGE RD, TOWSON, MD, 21286

NTEE Category

Code: F33 - Mental health

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