Overview
What is Emerald Foundation Inc?
Emerald Foundation Inc is a nonprofit organization dedicated to offering therapy and counseling services to individuals who lack the financial means to afford these essential resources. By providing these services, the foundation aims to support both children and adults, ensuring they have access to mental health care regardless of their financial situation. The organization's mission is deeply rooted in social responsibility, as it seeks to bridge the gap between those in need and the resources they require for improved well-being.
Official website here: www.emeraldtherapycenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (67%)
The Emerald Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the organization does have a fully independent board, which suggests good governance, it lacks essential financial transparency, as evidenced by the absence of financial statements and several missing policies, including those for conflict of interest and whistleblowing.
Despite these shortcomings in governance and financial documentation, the organization demonstrates a strong commitment to its mission, with a program expense ratio of 80.14%. This indicates that the majority of its resources are directed towards its programs rather than administrative costs, which is a positive aspect of its operations. However, the lack of critical documentation could raise concerns among potential donors regarding the foundation's overall financial health and accountability.
To enhance its standing and trust among supporters, the Emerald Foundation Inc should prioritize addressing the gaps in its governance policies and financial disclosures. Implementing necessary policies and making financial information accessible on its website would improve its transparency and potentially lead to better ratings in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Emerald Foundation Inc legitimate?
Emerald Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerald Foundation 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: $123,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,724
For more financial information, click here
Official website here: www.emeraldtherapycenter.com
What is the mission statement of Emerald Foundation Inc?
The Emerald Foundation Inc's mission is centered around providing essential therapy and counseling services to individuals who are financially disadvantaged. This organization extends its services to both children and adults, ensuring that they can access these crucial resources without the burden of financial constraints. By offering therapy and counseling, the Emerald Foundation Inc aims to support the emotional and mental well-being of its beneficiaries, enabling them to lead improved lives. The foundation's activities primarily revolve around addressing the unmet needs of those who cannot afford these services on their own.
Official website here: www.emeraldtherapycenter.com
Who is the CEO of Emerald Foundation Inc?
Kevin Baer is the President of Emerald Foundation Inc.
Official website here: www.emeraldtherapycenter.com
What is the revenue of Emerald Foundation Inc?
Emerald Foundation Inc's revenue in 2023 was $500,616.
Official website here: www.emeraldtherapycenter.com
Who are the executives of Emerald Foundation Inc and what are their salaries?
The average compensation at Emerald Foundation Inc during 2023 was $52,900. There are 7 employees and 10 volunteers at Emerald Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $75,577
- Related: $0
- Other: $0
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $12,000
- 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
Official website here: www.emeraldtherapycenter.com
Where can I find the form 990 for Emerald Foundation Inc?
Emerald Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.emeraldtherapycenter.com
Learn more at the official website: www.emeraldtherapycenter.com
Mission Statement of Emerald Foundation Inc
Emerald Foundation Inc, a charitable organization, is committed to providing therapy and counseling services to individuals who are financially disadvantaged. This nonprofit recognizes the importance of mental health care, yet understands that the financial burden can be a significant barrier for many. To bridge this gap, Emerald Foundation Inc extends its services to both children and adults, ensuring that they receive the necessary support they require without being burdened by the cost. By offering therapy and counseling services, this organization aims to contribute positively to the mental well-being of its beneficiaries, ultimately fostering a healthier and more resilient community.
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Impact
July, 2024
Emerald Foundation Inc's impact lies in providing vital therapy and counseling services to individuals, both children and adults, who lack the financial means to afford such care. By offering these services, the organization plays a significant role in supporting the mental health and well-being of those who may otherwise not have access to such critical resources. Through its mission-focused approach, Emerald Foundation Inc positively impacts the lives of individuals in Paducah, KY, helping to address important human services needs in the community.
This information is meant to be a general summary of Emerald Foundation 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.
- Program Service Revenue: $316,156
- Gross Receipts: $500,616
Assets and Liabilities:
- Total Assets: $105,190
- Total Liabilities: $8,288
- Net Assets: $96,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATED SERVICES
Revenue
$298,750
PROGRAM SERVICES
Revenue
$17,406
Organization Details
Founding Year
2016
Phone
(270) 534-5128Principal Officer
Kevin Baer
Main Address
5050B VILLAGE SQUARE DR, PADUCAH, KY, 42001
Website
www.emeraldtherapycenter.comNTEE Category
Code: P99 - Human services
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