Overview
What is Kelly Foundation Inc?
The Kelly Foundation Inc, based on the provided information, is a nonprofit organization dedicated to aiding individuals in their recovery from chemical and alcoholic abuse. By providing educational materials, this foundation aims to support those enrolled in treatment programs, contributing significantly to their rehabilitation journey. The Foundation's mission is clear: to empower individuals with the knowledge they need to overcome their struggles with substance abuse and begin a healthier, more fulfilling life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Kelly Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it needs improvement in various areas. With an overall score of 66%, the organization shows strengths in its accountability and financial practices, particularly with an independent board and strong program expense ratios. However, the organization has room for growth in transparency and adherence to best practices.
One of the key strengths of the Kelly Foundation is its commitment to financial stewardship, as evidenced by a 100% program expense ratio. This indicates that all its expenses are directed towards its programs, which is a positive sign for stakeholders. The foundation also scored well on aspects like having a majority of independent board members and proper documentation retention practices, highlighting a solid governance structure.
However, the foundation faces significant challenges in transparency and policy implementation. It received zero points in critical areas such as a conflict of interest policy, whistleblower policy, and availability of its tax form on its website. These omissions may raise concerns regarding its operational integrity and accountability, suggesting that the organization must address these gaps to improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Kelly Foundation Inc legitimate?
Kelly Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kelly 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kelly Foundation Inc?
The Kelly Foundation's mission is geared towards aiding individuals seeking recovery from chemical and alcohol abuse. By providing educational materials, the organization aims to support these individuals as they navigate their treatment programs, thereby fostering a healthier and more sustained recovery process. The Foundation's activities reflect its commitment to making a positive impact in the lives of those affected by substance abuse.
Who is the CEO of Kelly Foundation Inc?
Larry Gaines is the Board Member of Kelly Foundation Inc.
What is the revenue of Kelly Foundation Inc?
Kelly Foundation Inc's revenue in 2022 was $154,720.
Who are the executives of Kelly Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Kelly Foundation Inc?
Kelly Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kelly Foundation Inc
The Kelly Foundation, a charitable organization, dedicates its efforts towards providing educational materials to individuals undergoing treatment for chemical and alcoholic abuse. By doing so, it aims to support the recovery process of these individuals, fulfilling its mission to contribute positively to their well-being and future.
The Kelly Foundation stands out in its commitment to helping those in recovery from substance abuse. It offers a variety of educational materials to individuals enrolled in treatment programs, thereby providing them with the resources needed to navigate their journey towards sobriety.
With its mission to support recovery, the Kelly Foundation plays a significant role in the lives of those battling substance abuse. By offering educational materials, it provides a critical resource for those in treatment, helping to empower them and support their journey towards a substance-free life.
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Impact
June, 2024
Kelly Foundation Inc's impact lies in providing educational materials to individuals enrolled in chemical and alcoholic abuse treatment programs. By offering essential resources to support their recovery journey, the foundation plays a crucial role in helping these individuals access valuable knowledge and tools necessary for their rehabilitation and wellbeing.
This information is meant to be a general summary of Kelly 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 2022.
- Program Service Revenue: $98,175
- Gross Receipts: $214,111
Assets and Liabilities:
- Total Assets: $313,722
- Total Liabilities: $213,679
- Net Assets: $100,043
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$98,175
Organization Details
Founding Year
1978
Phone
(501) 663-6553Principal Officer
Larry Gaines
Main Address
2500 S BROADWAY, LITTLE ROCK, AR, 72206
NTEE Category
Code: F80 - Mental health
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