Overview
What is Foundation Of Wesley Woods Inc?
Foundation of Wesley Woods Inc, based in Atlanta, Georgia, functions as a charitable organization. Its primary role is to provide financial support to Wesley Woods Senior Living Inc.'s retirement communities and affiliated organizations, such as Emory University Inc. and Wesley Woods Center of Emory University Inc., through grants. The foundation's mission is to create communities that promote connection, well-being, and promise for older adults living in Wesley Woods communities, by raising essential funding for their life-changing work. With the support of generous donors, the foundation bridges the gap between community generosity and the impactful work carried out by Wesley Woods, thereby enabling older adults from diverse backgrounds and income levels to thrive.
Official website here: www.wesleywoods.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Foundation of Wesley Woods Inc has achieved a remarkable 97% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high rating indicates that the organization adheres to best practices in financial management and governance, ensuring transparency and integrity in its operations. The charity has a well-structured board with a significant majority of independent members, which enhances its decision-making processes.
The organization excels in financial stewardship, evidenced by a program expense ratio of 90.85%, indicating that a large portion of its expenses directly supports its programs. Additionally, its low liabilities to assets ratio of 1.49% and a strong working capital ratio of 15.64 years suggest a solid financial position, allowing it to sustain its operations effectively over the long term.
However, there is a notable area of concern regarding fundraising efficiency, as it received a low score of $0.01. This indicates that the organization's fundraising might not be as effective as desired, which could impact its ability to grow or expand its initiatives. Despite this limitation, the overall performance suggests that Foundation of Wesley Woods Inc is a trustworthy organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Of Wesley Woods Inc legitimate?
Foundation Of Wesley Woods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of Wesley Woods 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: $16,822
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wesleywoods.org
What is the mission statement of Foundation Of Wesley Woods Inc?
The Foundation of Wesley Woods Inc's mission is to serve as a bridge between the community's generosity and the life-changing work of Wesley Woods, creating communities that foster connection, well-being, and promise for older adults. With the support of generous donors, older adults from diverse backgrounds and income levels can thrive. The foundation provides charitable grants to Wesley Woods Senior Living Inc.'s retirement communities, as well as affiliated organizations like Emory University Inc. and Wesley Woods Center of Emory University Inc., ensuring their programs align with the foundation's mission.
Official website here: www.wesleywoods.org
Who is the CEO of Foundation Of Wesley Woods Inc?
Terry Barcroft is the President & Ceo of Foundation Of Wesley Woods Inc. The CEO's salary of Foundation Of Wesley Woods Inc is $0 and their total compensation is $292,115.
Official website here: www.wesleywoods.org
What is the revenue of Foundation Of Wesley Woods Inc?
Foundation Of Wesley Woods Inc's revenue in 2022 was $5,366,231.
Official website here: www.wesleywoods.org
Who are the executives of Foundation Of Wesley Woods Inc and what are their salaries?
There are 5 employees and 60 volunteers at Foundation Of Wesley Woods Inc.
Here are 24 key members and their salaries (Foundation Of Wesley Woods Inc's CEO's salary is $0 and their total compensation is $292,115):
- Compensation: $0
- Related: $269,880
- Other: $22,235
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- Related: $189,523
- Other: $23,850
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- Related: $194,283
- Other: $18,358
- Compensation: $0
- Related: $129,116
- Other: $7,110
- Compensation: $0
- Related: $9,530
- Other: $353
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Official website here: www.wesleywoods.org
Where can I find the form 990 for Foundation Of Wesley Woods Inc?
Foundation Of Wesley Woods Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wesleywoods.org
Learn more at the official website: www.wesleywoods.org
Mission Statement of Foundation Of Wesley Woods Inc
The Foundation of Wesley Woods Inc serves as a bridge between the generous contributions of the community and the life-transforming work of Wesley Woods. Its mission is to create communities of connection, well-being, and promise for older adults residing in Wesley Woods communities. By securing vital funding, this organization enables older adults of diverse backgrounds and income levels to thrive.
The Foundation of Wesley Woods plays a crucial role in providing charitable care, programmatic, and capital grants for all Wesley Woods Senior Living, Inc. retirement communities. Beyond this, it extends its support to facilities and programs owned by Emory University, Inc. and Wesley Woods Center of Emory University, Inc., provided they align with the foundation's mission. By doing so, the Foundation of Wesley Woods helps ensure that older adults can live their golden years with dignity, connection, and a sense of purpose.
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Impact
July, 2024
Foundation Of Wesley Woods Inc's impact is significant in creating communities of connection, well-being, and promise for older adults living in Wesley Woods communities. By raising vital funding for the life-changing work of Wesley Woods, the organization plays a crucial role in providing charitable care, programmatic, and capital grants for all Wesley Woods senior living retirement communities. Additionally, the Foundation of Wesley Woods extends its support to facilities and programs affiliated with Emory University, aligning with its mission to foster well-being and connection for older adults of all backgrounds and income levels. Through the generous donations of supporters, the Foundation of Wesley Woods enables older adults to thrive and access the necessary care and resources for a fulfilling life.
This information is meant to be a general summary of Foundation Of Wesley Woods 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: $1,218,765
- Gross Receipts: $5,366,231
Assets and Liabilities:
- Total Assets: $43,817,133
- Total Liabilities: $1,190,992
- Net Assets: $42,626,141
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Organization Details
Founding Year
1984
Phone
(404) 728-6299Principal Officer
Terry Barcroft
Main Address
1817 CLIFTON ROAD NE, ATLANTA, GA, 30329
Website
www.wesleywoods.orgNTEE Category
Code: E99 - Health
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