Overview
What is Willow Pond Farm I Inc?
Willow Pond Farm I Inc, established in Louisville, Kentucky, is a dedicated nonprofit organization. Their primary focus is on providing compassionate and secure living arrangements for individuals with intellectual and developmental disabilities. Their mission is unique, aiming to foster mutual respect and boundless affection between those with and without disabilities. This is achieved through initiatives that encourage meaningful involvement in local communities, thereby promoting inclusion.
Official website here: www.cedarlake.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three Stars
Willow Pond Farm I Inc has received a strong rating of 87%, reflecting a solid performance in accountability and finance. The organization boasts an impressive score in key areas, including having a fully independent board and no material diversion of assets, indicating strong governance practices. The charity's transparency is enhanced by its comprehensive policies on conflict of interest and whistleblowing, all of which contribute to its favorable rating.
One of the strengths of Willow Pond Farm I Inc is its high ratio of independent board members, which promotes effective oversight and decision-making. The organization also maintains a low liabilities-to-assets ratio, showcasing its financial health. Furthermore, it is commendable that the charity has all essential documents, such as board meeting minutes, readily available, enhancing its accountability.
However, the program expense ratio of 61.69% suggests that there may be room for improvement in allocating resources directly towards program services compared to administrative costs. While the charity demonstrates strong governance and financial stability, increasing its program funding could further enhance its impact and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Willow Pond Farm I Inc legitimate?
Willow Pond Farm I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willow Pond Farm I Inc submitted a form 990EZ, 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.
Official website here: www.cedarlake.org
What is the mission statement of Willow Pond Farm I Inc?
Willow Pond Farm I Inc's mission is centered around providing compassionate and safe housing services for individuals with intellectual and developmental disabilities. The organization strives to foster a sense of mutual respect and unconditional love between those with and without disabilities. By offering opportunities for meaningful inclusion in their communities, Willow Pond Farm aims to bridge the gap and promote understanding between the two groups. The mission of Willow Pond Farm is not just about providing housing, but also about creating an inclusive environment that empowers everyone involved.
Official website here: www.cedarlake.org
Who is the CEO of Willow Pond Farm I Inc?
Lynn Wilkerson is the Treasurer of Willow Pond Farm I Inc.
Official website here: www.cedarlake.org
What is the revenue of Willow Pond Farm I Inc?
Willow Pond Farm I Inc's revenue in 2022 was $51,492.
Official website here: www.cedarlake.org
Who are the executives of Willow Pond Farm I Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.cedarlake.org
Where can I find the form 990EZ for Willow Pond Farm I Inc?
Willow Pond Farm I Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.cedarlake.org
Learn more at the official website: www.cedarlake.org
Mission Statement of Willow Pond Farm I Inc
Willow Pond Farm I Inc, a nonprofit organization, is dedicated to providing compassionate and secure housing services for individuals with intellectual and developmental disabilities. Their mission is to foster an environment of mutual respect and unconditional love between those with and without disabilities. By offering opportunities for meaningful inclusion in communities, they strive to break down barriers and promote understanding between different abilities. This mission is aimed at empowering individuals with intellectual and developmental disabilities, enabling them to lead fulfilling lives with dignity and respect.
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Impact
August, 2024
Willow Pond Farm I Inc's impact lies in providing highly compassionate, capable, and safe housing services for individuals with intellectual and developmental disabilities. By cultivating mutual respect and unconditional love between individuals with and without disabilities, Willow Pond Farm fosters meaningful inclusion within communities. Located in Louisville, KY, this organization plays a critical role in supporting and empowering individuals with disabilities to lead fulfilling lives within a supportive and inclusive environment.
This information is meant to be a general summary of Willow Pond Farm I 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: $22
- Program Service Revenue: $49,470
- Gross Receipts: $51,492
Assets and Liabilities:
- Total Assets: $311,233
- Total Liabilities: $14,250
- Net Assets: $296,983
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Organization Details
Phone
(502) 495-4948Principal Officer
Lynn Wilkerson
Main Address
9505 WILLAMSBURG PLAZA SUITE 202, LOUISVILLE, KY, 40222
Website
www.cedarlake.orgNTEE Category
Code: P73 - Human services
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