Overview
What is Arcdesoto Inc?
Arcadia, Florida-based Arcdesoto Inc is a dedicated nonprofit organization, committed to assisting mentally disabled individuals who reside in Desoto County. Their primary mission involves providing aid and support to these individuals, ensuring their well-being and fostering their development. In the previous fiscal year, the organization served 46 clients, marking a slight increase from the previous year. One of their significant partnerships is a contract with the Desoto County School Board, allowing them to offer developmental training services. Beyond this, Arcdesoto Inc offers various support services, including non-residential aid, in-home assistance, adult day training, and rehabilitation programs. With a staff of 15 dedicated individuals, Arcdesoto Inc plays a vital role in enriching the lives of those in need in Desoto County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.
Arcdesoto Inc has received a low rating of 38%, reflecting significant concerns regarding its accountability and financial practices. The score is primarily based on the lack of independent board members and missing essential governance policies, such as conflict of interest and whistleblower policies. This indicates a need for more robust oversight and transparency in their operations.
Despite the shortcomings in governance, the organization does report a strong program expense ratio of 79.11%, suggesting that a substantial portion of its funds is directed towards its programs. However, the high liabilities to assets ratio of 166.15% raises concerns about the financial health of the organization, indicating it may be over-leveraged.
Overall, while Arcdesoto Inc appears to effectively allocate a significant amount of its resources towards its mission-driven programs, it faces critical challenges in governance and financial stability that need to be addressed to improve trust and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Arcdesoto Inc legitimate?
Arcdesoto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arcdesoto 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: $0
Other Salaries and Wages: $396,418
For more financial information, click here
What is the mission statement of Arcdesoto Inc?
Arcdesoto Inc is an organization dedicated to assisting individuals with disabilities living in the community. Their primary objective is to provide support to these individuals, as evidenced by their program service accomplishments serving 46 clients, a slight increase from the previous fiscal year. They have a contract with the local school board to offer developmental training assistance. Beyond this, they provide various services such as non-residential support services, in-home support, adult day training, and rehabilitation. The organization's activities aim to enhance the quality of life for individuals with disabilities in their community.
Who is the CEO of Arcdesoto Inc?
Patricia Schudel is the Executive Di of Arcdesoto Inc.
What is the revenue of Arcdesoto Inc?
Arcdesoto Inc's revenue in 2022 was $694,775.
Who are the executives of Arcdesoto Inc and what are their salaries?
The average compensation at Arcdesoto Inc during 2022 was $26,428. There are 15 employees at Arcdesoto Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Arcdesoto Inc?
Arcdesoto Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Arcdesoto Inc
Arcdesoto Inc, a nonprofit organization, is dedicated to aiding disabled individuals residing in their community. Their primary mission is to offer assistance to those in need, striving to make a positive impact in their lives. Their program service accomplishments have seen a slight increase in clientele, serving 46 individuals in the recent fiscal year, a testament to their dedication and effectiveness. Arcdesoto Inc has established a contract with the local school board, providing developmental training assistance, further expanding their reach and services. Beyond this, the organization provides a range of support services, including non-residential support, in-home assistance, adult day training, and rehabilitation. Arcdesoto Inc is committed to enhancing the lives of individuals with disabilities, offering a comprehensive approach to their care and well-being.
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Impact
July, 2024
Arcdesoto Inc has a direct impact on the lives of disabled individuals in DeSoto County by providing crucial assistance and services to support their development and daily living. This includes developmental training, non-residential support services, in-home support, adult day training, and rehabilitation. The organization's primary focus is on serving the needs of disabled individuals, with a total of 46 clients served, reflecting a slight increase over the previous fiscal year. By partnering with the DeSoto County School Board and offering a range of supportive services, Arcdesoto Inc plays a key role in enhancing the well-being and quality of life for disabled individuals in the community.
This information is meant to be a general summary of Arcdesoto 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: -$324
- Program Service Revenue: $366,105
- Gross Receipts: $695,152
Assets and Liabilities:
- Total Assets: $600,140
- Total Liabilities: $548,889
- Net Assets: $51,251
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$335,962
SSA/SSI
Revenue
$30,143
Organization Details
Founding Year
1976
Phone
(863) 494-2328Principal Officer
Patricia Schudel
Main Address
4173 NE HIGHWAY 17, ARCADIA, FL, 34266
NTEE Category
Code: P82Z - Human services
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