Overview
What is Advanced Home Care Inc?
Advanced Home Care Inc, located in Charlotte, North Carolina, was a nonprofit organization that provided home health care services to the community. Although they ceased operations in February 2020, the financial information provided is related to their wind-down activities. The organization's mission was centered around enhancing the well-being of individuals by offering home health care services. Although the details about their reach and any additional programs or initiatives are unavailable, it's clear that Advanced Home Care Inc aimed to make a positive impact on people's lives through their home health care services.
Official website here: www.advhomecare.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Advanced Home Care Inc has received a commendable rating of 81%, reflecting a solid commitment to accountability and finance. The rating is based entirely on a single beacon score, which indicates the organization performs well in financial practices and organizational governance. It shows a good level of transparency and responsible management.
The organization demonstrates strengths in several areas, with a fully independent board of 8 members and no material diversion of assets reported. Their financial health is notable, with a program expense ratio of 75.91%, indicating that a significant portion of their resources is directed toward their programs rather than administrative costs. Additionally, they have established essential policies, including conflict of interest and whistleblower policies, which further enhance their governance framework.
However, while the rating is positive, it is essential to consider that this evaluation is based solely on financial accountability. There may be other factors impacting the organization's overall effectiveness and impact that are not reflected in this score. Overall, Advanced Home Care Inc appears to be a responsible and well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Advanced Home Care Inc legitimate?
Advanced Home Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Home Care 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: $114,073
For more financial information, click here
Official website here: www.advhomecare.org/
What is the mission statement of Advanced Home Care Inc?
Advanced Home Care Inc, prior to ceasing operations in February 2020, provided home health care services to the community. Their mission, as stated, was to deliver home health care services. However, due to their cessation of operations, it is not possible to provide details about their mission beyond this basic service provision. The financial information provided during their wind-down activity does not provide insights into their mission beyond the provision of home health care services.
Official website here: www.advhomecare.org/
Who is the CEO of Advanced Home Care Inc?
Kris Trent is the Board Chair of Advanced Home Care Inc.
Official website here: www.advhomecare.org/
What is the revenue of Advanced Home Care Inc?
Advanced Home Care Inc's revenue in 2022 was $1,250,119.
Official website here: www.advhomecare.org/
Who are the executives of Advanced Home Care Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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Official website here: www.advhomecare.org/
Where can I find the form 990 for Advanced Home Care Inc?
Advanced Home Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.advhomecare.org/
Learn more at the official website: www.advhomecare.org/
Mission Statement of Advanced Home Care Inc
Advanced Home Care Inc, prior to its cessation of operations in February 2020, was dedicated to providing home health care services to the community. Their mission was centered around delivering quality care to individuals in their own homes, offering them comfort, support, and medical assistance during challenging times. The organization's wind down activity, as reflected in the financial information provided, indicated a focus on wrapping up operations in an orderly and responsible manner.
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Impact
July, 2024
Advanced Home Care Inc made a significant impact by providing home health care services to the community in Charlotte, NC. Despite ceasing operations in February 2020, the organization played a vital role in supporting and caring for individuals in need of medical assistance in the comfort of their own homes. Its efforts contributed to improving the well-being and quality of life for many individuals and families in the community.
This information is meant to be a general summary of Advanced Home Care 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: $1,045,998
- Gross Receipts: $1,250,119
Assets and Liabilities:
- Total Assets: $35,606,965
- Total Liabilities: $17,087,414
- Net Assets: $18,519,551
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Organization Details
Founding Year
1993
Phone
(214) 598-0484Principal Officer
Kris Trent
Main Address
PO BOX 890492, CHARLOTTE, NC, 27419
Website
www.advhomecare.org/NTEE Category
Code: Z99 - Unknown
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