Overview
What is Matthew 25 Inc?
Matthew 25 Inc is a nonprofit organization situated in Nashville, Tennessee. Their primary focus is to combat homelessness, particularly among men and veterans. In collaboration with various agencies like the Department of Veterans Affairs, they offer a transitional housing program. This program provides essential support services, including case management, employment assistance, substance abuse recovery aid, and life skills development. By offering structure, accountability, and hope for a better future, Matthew 25 Inc aims to help these individuals break free from the cycle of homelessness and addiction, ultimately transitioning them into self-sufficient and productive members of society. The organization employs a team of 22 dedicated individuals to achieve this mission.
Official website here: www.matthew25nashville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Matthew 25 Inc has received a 77% rating from Charity Navigator, translating to a Three-Star rating. This score is determined solely by its Accountability & Finance metrics, demonstrating a strong commitment to transparency and responsible financial management. The organization has an independent board consisting entirely of members, which reflects positively on its governance and oversight practices.
The nonprofit scores exceptionally well in several categories, including its independent board composition, financial statements, and various policy listings such as conflict of interest and whistleblower protections. These strong performances contributed to high marks across accountability measures, indicating that the organization maintains a responsible approach to handling resources and governance.
However, there are some areas needing improvement, particularly in the liabilities to assets ratio, where it scored zero. This suggests that while program expenses are well-managed, the organization may face challenges regarding its financial stability in terms of liabilities. Overall, Matthew 25 Inc demonstrates a solid commitment to accountability, but stakeholders may want to consider its financial ratios when evaluating overall health.
This AI summary has been generated from information found on Charity Navigator.
Is Matthew 25 Inc legitimate?
Matthew 25 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 25 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $434,092
For more financial information, click here
Official website here: www.matthew25nashville.org
What is the mission statement of Matthew 25 Inc?
Matthew 25 Inc is committed to addressing homelessness among men by providing the necessary resources to help them transition towards self-sufficiency. Recognizing their need for structure, accountability, and hope for a better future, the organization aims to break the vicious cycle of homelessness and addiction. Its goal is to offer these men an opportunity to escape their current situation, ultimately becoming fulfilled and productive members of society. The organization provides a foundation for these individuals, helping them build a new life and rejoin society as contributing members.
Official website here: www.matthew25nashville.org
Who is the CEO of Matthew 25 Inc?
Kristopher D Miller is the President of Matthew 25 Inc.
Official website here: www.matthew25nashville.org
What is the revenue of Matthew 25 Inc?
Matthew 25 Inc's revenue in 2022 was $922,643.
Official website here: www.matthew25nashville.org
Who are the executives of Matthew 25 Inc and what are their salaries?
The average compensation at Matthew 25 Inc during 2022 was $24,504. There are 22 employees and 150 volunteers at Matthew 25 Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $105,000
- Related: $0
- Other: $0
Official website here: www.matthew25nashville.org
Where can I find the form 990 for Matthew 25 Inc?
Matthew 25 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.matthew25nashville.org
Learn more at the official website: www.matthew25nashville.org
Mission Statement of Matthew 25 Inc
Matthew 25 Inc is committed to alleviating homelessness among men by providing the necessary resources to establish a solid foundation for self-sufficiency. Recognizing the need for structure, accountability, and hope for a better future, the organization aims to offer these men an opportunity to break free from the vicious cycle of homelessness and addiction. Matthew 25 Inc's ultimate goal is to help these individuals escape this challenging situation, enabling them to become contributing and fulfilled members of society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Matthew 25 Inc's impact is significant in the Nashville community as it provides a transitional housing program for individuals and veterans in need. By partnering with various agencies and offering comprehensive supportive services, this organization is instrumental in helping homeless men increase self-sufficiency, find stability, and reintegrate into society. Their dedication to addressing homelessness, addiction, and employment barriers demonstrates a commitment to fostering positive change and empowering individuals to lead fulfilling lives.
This information is meant to be a general summary of Matthew 25 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: -$501
- Program Service Revenue: $62,206
- Gross Receipts: $936,902
Assets and Liabilities:
- Total Assets: $156,091
- Total Liabilities: $125,081
- Net Assets: $31,010
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT COLLECTED - RESID
Revenue
$57,475
FEES COLLECTED - RESID
Revenue
$4,731
Organization Details
Founding Year
1986
Phone
(615) 383-9577Principal Officer
Kristopher D Miller
Main Address
PO BOX 158461, NASHVILLE, TN, 37215
Website
www.matthew25nashville.orgNTEE Category
Code: L41 - Housing
If you are a representative of Matthew 25 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.