Overview
What is Peggy Crosby Community Service Center Inc?
Peggy Crosby Community Service Center Inc is a nonprofit organization situated in Highlands, North Carolina. With a modest workforce of one employee, they are committed to providing affordable office space to organizations that contribute to the well-being of their local community. By offering these resources, the center enables various community-focused organizations to operate effectively and continue serving the needs of their constituents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
The Peggy Crosby Community Service Center Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 60%. While the organization demonstrates a strong commitment to its mission with a program expense ratio of 88.44%, indicating a significant portion of its budget is directed towards programs, its overall accountability and finance practices leave room for improvement.
Key areas of concern include the absence of independent board members, which raises questions about governance and oversight. Additionally, essential policies such as whistleblower and document retention are missing, which could impact transparency and accountability. The organization's website is also not listed on the tax form, and it does not post its tax documents online, further limiting public access to important information.
On the positive side, the center has no material diversion of assets and maintains a low liabilities to assets ratio of 0.17%, indicating sound financial health. However, to enhance its rating and effectiveness, addressing governance issues and improving transparency measures will be crucial for the Peggy Crosby Community Service Center Inc moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Peggy Crosby Community Service Center Inc legitimate?
Peggy Crosby Community Service Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peggy Crosby Community Service Center 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: $23,179
For more financial information, click here
What is the mission statement of Peggy Crosby Community Service Center Inc?
The Peggy Crosby Community Service Center Inc is committed to providing affordable office space to organizations that offer community service. By doing so, it aims to support these organizations in their mission to contribute positively to their communities. The center's mission is centered around making it easier for these organizations to operate, potentially increasing the scope and reach of their community service initiatives. The provision of affordable office space allows these organizations to save on operational costs, which can then be redirected towards their community service activities. The center's role is thus instrumental in fostering a robust community service sector.
What is the revenue of Peggy Crosby Community Service Center Inc?
Peggy Crosby Community Service Center Inc's revenue in 2023 was $363,036.
Who are the executives of Peggy Crosby Community Service Center Inc and what are their salaries?
The average compensation at Peggy Crosby Community Service Center Inc during 2023 was $23,179. There is 1 employee at Peggy Crosby Community Service Center Inc.
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Where can I find the form 990 for Peggy Crosby Community Service Center Inc?
Peggy Crosby Community Service Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Peggy Crosby Community Service Center Inc
Peggy Crosby Community Service Center Inc is dedicated to offering affordable office space to organizations that contribute to community service. By providing a conducive and cost-friendly workspace, this nonprofit organization enables various community-focused organizations to thrive and continue their mission of serving the community. The center's mission aligns with the belief that affordable office space is crucial for nonprofit organizations to carry out their community service activities effectively and sustainably.
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Impact
October, 2024
Peggy Crosby Community Service Center Inc significantly impacts the Highlands, NC community by providing affordable office space to organizations dedicated to community service. This enables various human services organizations to operate sustainably, allowing them to focus their resources on serving the local population rather than on high rental costs. By fostering a collaborative environment, the center supports the growth and effectiveness of these organizations, enhancing their ability to deliver crucial services and programs. Ultimately, its contribution strengthens the community fabric and improves overall access to vital resources for residents in need.
This information is meant to be a general summary of Peggy Crosby Community Service Center 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 2023.
- Investment Income: $7,974
- Program Service Revenue: $228,561
- Gross Receipts: $363,036
Assets and Liabilities:
- Total Assets: $756,882
- Total Liabilities: $9,450
- Net Assets: $747,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING INCOME
Revenue
$228,561
Organization Details
Principal Officer
Dennis Leftwich
NTEE Category
Code: P75 - Human services
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