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Tsunami Enterprises Tsunami Enterprises

Tsunami Enterprises

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680532543 ✦ Ukiah, CA ✦ Designated as a 501(c)(3)

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Overview

What is Tsunami Enterprises Tsunami Enterprises?

Tsunami Enterprises, with its headquarters at 327 N State St Ste 208, Ukiah, CA 95482, is a nonprofit organization dedicated to assisting the disabled, elderly, and marginalized individuals. With a workforce of seven employees, they offer Social Security Representative Payee and Veterans Affairs Fiduciary Services to their clientele, which numbers around 1464 daily. Their mission involves providing financial management assistance, budgeting skills, and aid with rent, bills, and food. They act as a liaison with various government agencies, including SSA, VA, DSS, PG, and mental health agencies, to ensure their clients receive the necessary support. The organization operates on a referral basis, ensuring that they are recommended by other trusted sources. Their primary role is to advocate on behalf of their clients, negotiating reduced rates with landlords and utilities, and offering case management support.


Official website here: www.tsunami-enterprises.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 22%, Zero-Star out of Four Stars

Tsunami Enterprises received a low rating of 22% from Charity Navigator, which equates to a Zero-Star rating. This rating indicates significant concerns regarding the organization's accountability and financial practices. The score is primarily based on a lack of independent board members and missing financial statements, which raises alarms about the governance and oversight of the nonprofit.

Strengths noted include the presence of a whistleblower policy and proper documentation of board meeting minutes, suggesting some level of organizational structure. However, the absence of independent members on the board and a lack of transparency in financial reporting significantly limit the nonprofit's credibility. The program expense ratio is also concerning, as it indicates a low percentage of funds directed towards program services.

Overall, the data suggests that Tsunami Enterprises faces considerable challenges in governance and financial accountability. Potential donors and stakeholders may want to approach with caution, considering the absence of key financial documents and independent oversight.


This AI summary has been generated from information found on Charity Navigator.

Is Tsunami Enterprises Tsunami Enterprises legitimate?

Tsunami Enterprises Tsunami Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tsunami Enterprises Tsunami Enterprises 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: $392,422
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,508

For more financial information, click here


Official website here: www.tsunami-enterprises.org

What is the mission statement of Tsunami Enterprises Tsunami Enterprises?

Tsunami Enterprises, a service provider, is dedicated to assisting the disabled, elderly, and marginalized population. Their mission is threefold. Firstly, they aim to aid individuals with money management skills and budgeting, ensuring they can manage their rent, utilities, and food expenses effectively. Secondly, they act as a liaison with various government agencies, including the Social Security Administration (SSA) and Veterans Affairs (VA), to manage their cases efficiently. Lastly, Tsunami Enterprises provides behavioral health support, advocating for reduced rates and working closely with other agencies to ensure the well-being of their clients. They primarily operate on recommendations from satisfied clients and require approval from the SSA to commence services.


Official website here: www.tsunami-enterprises.org

Who is the CEO of Tsunami Enterprises Tsunami Enterprises?

Justin E Hester is the President of Tsunami Enterprises Tsunami Enterprises.


Official website here: www.tsunami-enterprises.org

What is the revenue of Tsunami Enterprises Tsunami Enterprises?

Tsunami Enterprises Tsunami Enterprises's revenue in 2022 was $862,153.


Official website here: www.tsunami-enterprises.org

Who are the executives of Tsunami Enterprises Tsunami Enterprises and what are their salaries?

The average compensation at Tsunami Enterprises Tsunami Enterprises during 2022 was $68,990. There are 7 employees at Tsunami Enterprises Tsunami Enterprises.


There is 1 key member and their salary:


Justin E Hester (President)
  • Compensation: $151,477
  • Related: $0
  • Other: $0


Official website here: www.tsunami-enterprises.org

Where can I find the form 990 for Tsunami Enterprises Tsunami Enterprises?

Tsunami Enterprises Tsunami Enterprises's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tsunami-enterprises.org

Learn more at the official website: www.tsunami-enterprises.org

Mission Statement of Tsunami Enterprises Tsunami Enterprises

Tsunami Enterprises, a nonprofit organization, is dedicated to assisting the mentally and physically challenged, the elderly, and the marginalized population. Their primary mission is to help these individuals manage their finances effectively, enhancing their budgeting skills and providing assistance with essential expenses such as rent, utilities, and food. The organization serves as a liaison between its clients and various government agencies, including the Social Security Administration (SSA), Veterans Affairs (VA), Department of Social Services (DSS), and Public Housing (PG), among others.

In addition to financial management, Tsunami Enterprises also focuses on advocacy. They work tirelessly to negotiate reduced rates with landlords and utilities on behalf of their clients. Furthermore, the organization collaborates closely with supported living agencies and mental health agencies, providing case management services to ensure the well-being of their clients. Tsunami Enterprises is not a soliciting organization; instead, they are highly recommended by satisfied clients who have benefited from their services. The approval of the SSA is necessary for individuals to be served by Tsunami Enterprises, highlighting their reputation and the trust placed in their abilities to provide essential support.

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Impact




July, 2024

Tsunami Enterprises Tsunami Enterprises provides crucial Social Security Representative Payee and Veterans Affairs Fiduciary Services to a diverse group of clients in Ukiah, California. With a daily impact on 1464 individuals, their work goes beyond financial management to include budgeting assistance, life skills training, advocacy for reduced rates, and negotiations with landlords and utilities. By serving as a liaison with various governmental and social service agencies, they help ensure that their clients have access to the support they need for their overall well-being. This organization's dedication to empowering the mentally and physically challenged, elderly, and marginalized populations through comprehensive services demonstrates a commitment to promoting financial stability and independence within their community.




This information is meant to be a general summary of Tsunami Enterprises Tsunami Enterprises. 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.

Revenue
$862,153 (2022)
Expenses
$778,893 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $862,153

Assets and Liabilities:

  • Total Assets: $405,613
  • Total Liabilities: $0
  • Net Assets: $405,613

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Organization Details

Founding Year

2002

Principal Officer

Justin E Hester

Main Address

327 N State St Ste 208, Ukiah, CA, 95482

NTEE Category

Code: P51 - Human services

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