Overview
What is Embracing Destiny Foundation?
Embracing Destiny Foundation is a nonprofit organization located in Spring, Texas. With a dedicated workforce of 42 individuals, their primary mission is to offer housing, education, and social activities to troubled children. This nonprofit organization aims to provide a supportive environment where these children can grow, learn, and develop essential life skills. Through their programs, they strive to foster a sense of self-worth and resilience in these children, enabling them to overcome their challenges and lead fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.
Embracing Destiny Foundation has received a 71% rating from Charity Navigator, indicating a fair performance in terms of accountability and financial health. One notable strength of the organization is its commitment to transparency, highlighted by the fact that it has 100% independent board members and a strong conflict of interest policy in place. Additionally, the foundation demonstrates effective asset management with a low liabilities to assets ratio of 3.78% and an impressive program expense ratio of 99.84%, suggesting that nearly all funds are directed towards its programs.
However, despite the positive aspects, the overall two-star rating reflects some concerns that may need addressing. While the foundation's governance structure appears robust, the two-star rating implies there may be areas for improvement in operational efficiency or broader impact metrics that are not detailed in the summary. This suggests that while financial practices are sound, there could be challenges in achieving greater effectiveness or visibility in their mission outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Embracing Destiny Foundation legitimate?
Embracing Destiny Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embracing Destiny Foundation 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: $329,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $990,038
For more financial information, click here
What is the mission statement of Embracing Destiny Foundation?
The Embracing Destiny Foundation's mission is centered around providing support for troubled children. This support encompasses three primary areas: housing, education, and social activities. The foundation aims to create a conducive environment for these children, helping them navigate their challenges and foster personal growth. By offering housing, the foundation provides a safe and stable base for these children. The educational aspect of their mission equips these children with essential skills and knowledge, enabling them to better integrate into society. Lastly, the social activities component fosters social interaction and emotional development, promoting a well-rounded upbringing for the children under their care.
Who is the CEO of Embracing Destiny Foundation?
Monique Davis is the Executive Director of Embracing Destiny Foundation.
What is the revenue of Embracing Destiny Foundation?
Embracing Destiny Foundation's revenue in 2022 was $1,964,174.
Who are the executives of Embracing Destiny Foundation and what are their salaries?
The average compensation at Embracing Destiny Foundation during 2022 was $31,411. There are 42 employees and 42 volunteers at Embracing Destiny Foundation.
Here are 3 key members and their salaries:
- Compensation: $250,000
- Related: $0
- Other: $0
- Compensation: $43,386
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Embracing Destiny Foundation?
Embracing Destiny Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Embracing Destiny Foundation
Embracing Destiny Foundation is committed to making a difference in the lives of troubled children. Their mission is centered around providing housing, education, and social activities for these children who are in need of support. By offering a secure living environment, Embracing Destiny Foundation enables these children to focus on their academic and personal growth. Furthermore, the foundation offers a variety of social activities, which not only helps in their overall development but also fosters a sense of community among the children. This holistic approach to childcare ensures that each child receives the necessary support to overcome their challenges and build a brighter future for themselves.
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Impact
July, 2024
Embracing Destiny Foundation has positively impacted the lives of troubled children by providing housing, education, and social activities in Spring, TX. Through its dedicated efforts, the foundation has helped create a supportive environment for these children to thrive and succeed. Their commitment to human services has made a significant difference in the lives of those they serve, offering a pathway towards a brighter future for vulnerable youth in the community.
This information is meant to be a general summary of Embracing Destiny Foundation. 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.
- Program Service Revenue: $1,810,722
- Gross Receipts: $1,964,174
Assets and Liabilities:
- Total Assets: $451,787
- Total Liabilities: $17,082
- Net Assets: $434,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE HOUSING CONTRACT
Revenue
$1,810,722
Organization Details
Founding Year
2005
Principal Officer
Monique Davis
Main Address
P O BOX 2449, Spring, TX, 77383
NTEE Category
Code: P73 - Human services
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