Overview
What is Manasota-Solve Inc?
Manasota-Solve Inc is a nonprofit organization situated in Bradenton, Florida. The organization offers residential maternity homes as a sanctuary for at-risk pregnant women of all ages, providing them with housing and specialized services free of charge throughout their pregnancy and for a pre-determined period post-birth. Their mission is deeply rooted in the expression of divine love, aiming to strengthen and transform the lives of both mothers and their newborns. With a dedicated team of 42 employees, Manasota-Solve Inc strives to offer support and care to pregnant women who have chosen life, thereby creating a nurturing environment for the mother and child.
Official website here: www.solvehomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating. This rating reflects a strong performance in Accountability & Finance, showcasing the organization’s commitment to transparency and responsible management of funds. The overall score is derived solely from this beacon, demonstrating a focused approach to financial accountability.
Manasota-Solve Inc significantly excels in several areas, with a fully independent board and no material diversion of assets, indicating robust governance practices. The organization maintains a commendable program expense ratio of 78.59%, suggesting that a large portion of its resources is allocated directly to its programs. Additionally, the oversight committee appears to operate effectively, with all financial statements receiving appropriate scrutiny.
However, there are notable limitations in the nonprofit's governance practices, including the absence of a whistleblower policy and a document retention policy. Furthermore, while the tax forms are listed on the website, they are not posted for public access, which could enhance transparency. Addressing these gaps could improve the overall governance score and strengthen donor confidence in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Manasota-Solve Inc legitimate?
Manasota-Solve Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manasota-Solve 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: $63,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,217
For more financial information, click here
Official website here: www.solvehomes.org
What is the mission statement of Manasota-Solve Inc?
Manasota-Solve Inc's mission is focused on providing housing and specialized services to pregnant women and teenagers who have chosen to carry their pregnancies to term. Through the expression of divine love, the organization aims to strengthen and transform the lives of both the mothers and their children. The organization operates as a group of Christ-centered residential maternity homes, offering a structured program free of charge to at-risk pregnant women of all ages, providing them with shelter during their pregnancy and a predetermined period post-birth.
Official website here: www.solvehomes.org
Who is the CEO of Manasota-Solve Inc?
Peggy Kerwin is the President of Manasota-Solve Inc.
Official website here: www.solvehomes.org
What is the revenue of Manasota-Solve Inc?
Manasota-Solve Inc's revenue in 2022 was $1,059,682.
Official website here: www.solvehomes.org
Who are the executives of Manasota-Solve Inc and what are their salaries?
The average compensation at Manasota-Solve Inc during 2022 was $11,934. There are 42 employees and 80 volunteers at Manasota-Solve Inc.
Here are 9 key members and their salaries:
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- Compensation: $63,000
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Official website here: www.solvehomes.org
Where can I find the form 990 for Manasota-Solve Inc?
Manasota-Solve Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.solvehomes.org
Learn more at the official website: www.solvehomes.org
Mission Statement of Manasota-Solve Inc
Manasota-Solve Inc, a nonprofit organization, is committed to providing housing and specialized services to pregnant women and teenagers who have chosen to carry their pregnancies to term. Through the expression of God's love, the organization aims to strengthen and transform the lives of both the mothers and their children. The mission of Manasota-Solve Inc involves offering free housing and a structured program for the duration of the pregnancy and a pre-determined time post-birth. This Christ-centered residential maternity home serves the needs of at-risk pregnant women of all ages, providing them with a safe and supportive environment during a critical period of their lives.
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Impact
July, 2024
Manasota-Solve Inc's impact lies in providing housing and specialized services to pregnant women and teens who have chosen life. By offering a Christ-centered residential maternity home, the organization strengthens and transforms the lives of both the mother and child. Through the expression of God's love, Manasota-Solve Inc supports at-risk pregnant women of all ages throughout their pregnancy and for a predetermined time post-birth. This impactful work in Bradenton, FL, serves as a beacon of hope and support for those in need.
This information is meant to be a general summary of Manasota-Solve 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: $3,255
- Gross Receipts: $1,157,863
Assets and Liabilities:
- Total Assets: $3,270,374
- Total Liabilities: $72,706
- Net Assets: $3,197,668
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Organization Details
Founding Year
1976
Phone
(941) 748-0094Principal Officer
Peggy Kerwin
Main Address
1509 8TH AVENUE WEST, BRADENTON, FL, 34205
Website
www.solvehomes.orgNTEE Category
Code: P72Z - Human services
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