Overview
What is Positive Maturity Inc?
Positive Maturity Inc is a nonprofit organization based in Birmingham, Alabama, with a focus on improving the lives of mature adults while also contributing to community engagement. They address the academic challenges faced by younger children in Alabama, which has one of the nation's lower education rankings and high dropout rates, by utilizing low-income senior volunteers. These volunteers undergo rigorous background checks, physical assessments, and a strong desire to positively impact a child's life. They dedicate a minimum of 16 hours per week to mentoring, tutoring, and assisting children with special needs. In return, they receive a small stipend, transportation costs, and meal reimbursements. Positive Maturity Inc also offers 40 hours of training before placement and monthly in-services to keep volunteers updated on current care information. Their mission includes senior volunteer, foster grandparent, and senior companion programs, as well as geriatric social services and nutrition programs, all aimed at enhancing the lives of mature adults.
Official website here: www.positivematurity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Positive Maturity Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization's overall score is based entirely on its performance in this area, indicating a strong commitment to transparency and responsible management of resources. The rating underscores the nonprofit's dedication to maintaining financial integrity and effective governance.
The charity boasts a fully independent board, with 100% of its members meeting independence criteria, which enhances its decision-making process and governance. Additionally, it has a strong financial health profile, with a program expense ratio of 79.26%, showing that a significant portion of its funds is directed toward its programs rather than administrative costs. Its policies, including whistleblower and conflict of interest protections, further demonstrate its commitment to ethical practices.
No significant limitations were noted in the data, as Positive Maturity Inc has effectively positioned itself as a responsible and transparent nonprofit. The comprehensive oversight in its financial practices, alongside a substantial independent board, suggests a well-managed organization dedicated to its mission. Overall, this rating reflects positively on its operations and impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Positive Maturity Inc legitimate?
Positive Maturity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Positive Maturity 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: $131,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $423,267
For more financial information, click here
Official website here: www.positivematurity.org
What is the mission statement of Positive Maturity Inc?
Positive Maturity Inc's mission is centered around enhancing the lives of mature adults. This is accomplished through various social services and civic engagement initiatives. The organization runs retired senior volunteer, foster grandparent, and senior companion programs, in addition to providing geriatric social services and nutrition programs. The foster grandparent program, in particular, addresses the academic needs of children in areas with high dropout rates and limited adult role models, by utilizing low-income senior volunteers. These volunteers undergo background checks, receive training, and dedicate a minimum of 16 hours per week to mentor and assist children with special needs. In return, they earn a small stipend and reimbursements. The mission ultimately aims to improve the lives of mature adults and children in need.
Official website here: www.positivematurity.org
Who is the CEO of Positive Maturity Inc?
Penny Kakoliris is the President of Positive Maturity Inc.
Official website here: www.positivematurity.org
What is the revenue of Positive Maturity Inc?
Positive Maturity Inc's revenue in 2022 was $1,516,967.
Official website here: www.positivematurity.org
Who are the executives of Positive Maturity Inc and what are their salaries?
The average compensation at Positive Maturity Inc during 2022 was $27,726. There are 20 employees and 1528 volunteers at Positive Maturity Inc.
Here are 27 key members and their salaries:
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- Compensation: $76,979
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- Compensation: $54,277
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- Other: $15,474
Official website here: www.positivematurity.org
Where can I find the form 990 for Positive Maturity Inc?
Positive Maturity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.positivematurity.org
Learn more at the official website: www.positivematurity.org
Mission Statement of Positive Maturity Inc
Positive Maturity Inc, a nonprofit organization, is dedicated to enhancing the lives of mature adults through social services and civic engagement. They achieve this mission by implementing various programs, such as the Retired Senior Volunteer, Foster Grandparent, and Senior Companion initiatives. These programs aim to engage senior volunteers in their community, providing them with an opportunity to contribute positively to the lives of younger generations.
One of the key programs at Positive Maturity Inc is the Foster Grandparent program. Recognizing the academic challenges faced by children in Alabama, which ranks 47th in the nation for education and has a high dropout rate, the program aims to provide positive role models for these children. By utilizing low-income senior volunteers, who undergo rigorous background checks and have a desire to make a difference in a child's life, the Foster Grandparent program meets this need. Each volunteer dedicates a minimum of 16 hours per week to mentoring, tutoring, and assisting children with special needs. In return, they receive a small stipend, transportation costs, and meal reimbursement for their volunteer work.
The Foster Grandparent program also provides its volunteers with 40 hours of training before they are placed and regular in-service sessions to keep them updated on the latest information about caring for children. This comprehensive approach not only benefits the children but also provides a fulfilling experience for the senior volunteers, allowing them to continue contributing to their community in a meaningful way.
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Impact
July, 2024
Positive Maturity Inc's impact is significant in enhancing the lives of mature adults through social services and civic engagement. One key program, the Foster Grandparent Program, addresses the need for adult role models in the lives of children, particularly in areas with high dropout rates and limited adult supervision. By engaging low-income senior volunteers as foster grandparents, the program provides mentorship, tutoring, and support to children with special needs, thereby reducing risk factors for dropout rates. These dedicated individuals undergo training, receive a stipend, transportation costs, and meal reimbursement, highlighting the organization's commitment to supporting both seniors and youth in the community. Through such initiatives, Positive Maturity Inc fosters intergenerational connections and contributes positively to the well-being of both mature adults and children in Birmingham, AL.
This information is meant to be a general summary of Positive Maturity 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: $5,950
- Gross Receipts: $1,548,445
Assets and Liabilities:
- Total Assets: $1,129,032
- Total Liabilities: $24,305
- Net Assets: $1,104,727
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Organization Details
Founding Year
1970
Phone
(205) 803-3211Principal Officer
Penny Kakoliris
Main Address
106 OXMOOR ROAD 152, BIRMINGHAM, AL, 35209
Website
www.positivematurity.orgNTEE Category
Code: P81Z - Human services
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