Overview
What is Pensacola Care Inc?
Pensacola Care Inc is a nonprofit organization situated in Pensacola, Florida, specifically at 311 N Spring Street. Their primary mission is to support individuals with developmental disabilities. In the past, they managed facilities for this population, but they have since sold the operations contract. Currently, the organization is undergoing wrap-up services, which are being financed by the board of directors and amortized over a 48-month period, as indicated in the 'Quest Management Fees'. Once all legal matters related to this transition are resolved, the board will decide whether to dissolve and liquidate the organization or continue its operations to support the developmentally disabled population.
Official website here: www.pensacolacare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Pensacola Care Inc demonstrates a strong commitment to accountability and financial transparency, evidenced by its impressive score of 97%. This high rating indicates that the organization effectively manages its resources, ensuring that a significant portion of its expenses is dedicated to its programs, with a program expense ratio of 72.58%. The organization has established comprehensive policies including a conflict of interest policy and a whistleblower policy, which contribute to its governance integrity.
The board of directors consists entirely of independent members, highlighting a commitment to unbiased oversight. With no material diversion of assets reported and an excellent liabilities to assets ratio of just 0.01%, the organization appears to be in solid financial health. The presence of documented board meeting minutes further supports its operational transparency, which is crucial for donor confidence and community trust.
While the organization excels in many areas, the summary does not detail any potential weaknesses or challenges they may face. Nevertheless, the overall assessment portrays Pensacola Care Inc as a reputable nonprofit that prioritizes accountability, providing reassurance to donors and stakeholders about their financial stewardship and commitment to their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pensacola Care Inc legitimate?
Pensacola Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pensacola Care 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:
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Official website here: www.pensacolacare.org
What is the mission statement of Pensacola Care Inc?
Pensacola Care Inc, as an organization, is committed to providing support for individuals with developmental disabilities. Their mission is to offer aid and assistance to this population, ensuring their needs are met and their development is fostered. In the past, the organization sold the contract for operating its facilities. Following the statute of limitations for legal activities, the board of directors paid for four years of wrap-up services and spread the cost over a 48-month period. Once any remaining legal concerns are resolved, the board will vote on whether to dissolve and liquidate the organization or continue its operations in support of the developmentally disabled population.
Official website here: www.pensacolacare.org
Who is the CEO of Pensacola Care Inc?
W R Armstrong is the President of Pensacola Care Inc.
Official website here: www.pensacolacare.org
What is the revenue of Pensacola Care Inc?
Pensacola Care Inc's revenue in 2023 was $73,908.
Official website here: www.pensacolacare.org
Who are the executives of Pensacola Care Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.pensacolacare.org
Where can I find the form 990 for Pensacola Care Inc?
Pensacola Care Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pensacolacare.org
Learn more at the official website: www.pensacolacare.org
Mission Statement of Pensacola Care Inc
Pensacola Care Inc, a nonprofit organization, is dedicated to providing support for individuals with developmental disabilities. Its primary mission is to cater to this population's unique needs, aiming to improve their overall well-being and quality of life. Following the sale of its facilities' operations contract, the organization took on four years of wrap-up services, which it financially managed over a 48-month period. Once legal concerns are addressed, the board of directors will vote on whether to dissolve and liquidate the organization or continue its operations, remaining committed to supporting the developmentally disabled population.
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Impact
August, 2024
Pensacola Care Inc has had a significant impact on the developmentally disabled population by providing support and services to those in need. Through its mission to improve the lives of individuals with disabilities, the organization has worked to enhance their quality of life and promote their inclusion in society. By offering essential services and support systems, Pensacola Care Inc has made a positive difference in the lives of many individuals and their families.
This information is meant to be a general summary of Pensacola Care 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: $73,908
- Gross Receipts: $73,908
Assets and Liabilities:
- Total Assets: $11,342,548
- Total Liabilities: $1,348
- Net Assets: $11,341,200
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Organization Details
Founding Year
1978
Phone
(850) 476-6202Principal Officer
W R Armstrong
Main Address
311 N SPRING STREET, PENSACOLA, FL, 325014827
Website
www.pensacolacare.orgNTEE Category
Code: P70 - Human services
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