Overview
What is Bost Inc?
Based in Fort Smith, Arkansas, Bost Inc is a nonprofit organization that provides community integration and living support services for individuals with developmental disabilities, funded under Medicaid. With a mission centered on care and aid for mentally and developmentally disabled persons, Bost Inc employs a workforce of 1158 individuals to make a significant difference in their lives. The organization's activities encompass community living services, ensuring these individuals receive the necessary support to enhance their overall well-being.
Official website here: www.bost.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Bost Inc has received an 88% score from Charity Navigator, earning it a Three-Star rating primarily based on its Accountability & Finance metrics. The organization demonstrates strong financial practices, including a high program expense ratio of 90.64%, indicating that a significant portion of its resources are directed towards programs rather than administrative costs.
The organization boasts a fully independent board, with all members contributing to governance, and it has met all necessary financial auditing standards. However, it lacks a whistleblower policy and document retention policy, which could be seen as areas for improvement in its governance practices.
Overall, Bost Inc's strong performance in accountability and finance reflects its commitment to transparency and effective use of funds, although enhancing its policy framework could further strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bost Inc?
80% of the 40 reviewers on Facebook recommend Bost Inc. Here is a summary of their reviews:
Many individuals appreciate the positive work environment at Bost Inc., highlighting the friendships they build while being productive. The emphasis on hard work and camaraderie seems to resonate strongly with employees, contributing to a sense of fulfillment.
Overall, sentiments lean towards satisfaction, as people feel they not only earn a living but also get to be part of a supportive community at Bost Inc.
This AI summary has been generated from reviews found on Facebook.
Is Bost Inc legitimate?
Bost Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bost 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: $27,838,689
For more financial information, click here
Official website here: www.bost.org
What is the mission statement of Bost Inc?
Bost Inc is dedicated to providing care, aid, and assistance to individuals with mentally and developmentally disabilities. Their mission is focused on supporting these individuals in their daily lives and promoting community integration. Through Medicaid funding, Bost Inc offers wavier services that provide essential support, enabling individuals with developmental disabilities to live as independently as possible within their communities. Their services facilitate social connections and personal growth, enhancing the overall well-being of those they serve.
Official website here: www.bost.org
Who is the CEO of Bost Inc?
Verlyne G Miller is the Secretary of Bost Inc.
Official website here: www.bost.org
What is the revenue of Bost Inc?
Bost Inc's revenue in 2022 was $39,844,873.
Official website here: www.bost.org
Who are the executives of Bost Inc and what are their salaries?
The average compensation at Bost Inc during 2022 was $24,040. There are 1158 employees at Bost Inc.
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- Compensation: $83,294
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- Compensation: $157,429
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- Other: $6,715
- Compensation: $119,583
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- Other: $5,088
Official website here: www.bost.org
Where can I find the form 990 for Bost Inc?
Bost Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bost.org
Learn more at the official website: www.bost.org
Mission Statement of Bost Inc
Bost Inc, a dedicate organization, is committed to providing care, aid, and assistance to mentally and developmentally disabled individuals. The mission of Bost Inc is centered around enhancing the lives of those with developmental disabilities, enabling them to live as independently as possible.
Through Medicaid funding, Bost Inc offers waiver services that facilitate community integration and provide community living support for individuals with developmental disabilities. This assistance is crucial in helping these individuals engage in their communities, fostering a sense of belonging and improving their overall quality of life. By offering these services, Bost Inc enables individuals to access opportunities that may otherwise be inaccessible, promoting their personal growth and well-being.
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Impact
October, 2024
Bost Inc plays a vital role in enhancing the quality of life for individuals with developmental disabilities in Fort Smith, Arkansas. By offering community integration and living support services under Medicaid funding, the organization empowers individuals to live more independently and actively participate in their communities.
Through its mission of care, aid, and assistance, Bost Inc addresses the unique needs of mentally and developmentally disabled persons, promoting inclusion and dignity. The services provided not only support individual growth but also foster a more compassionate and understanding community environment. With a dedicated focus on community support, Bost Inc contributes significantly to the overall well-being and development of its clients, ultimately enriching the lives of families and the broader society.
This information is meant to be a general summary of Bost 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: $76,613
- Program Service Revenue: $39,365,339
- Gross Receipts: $40,441,944
Assets and Liabilities:
- Total Assets: $31,302,190
- Total Liabilities: $7,405,104
- Net Assets: $23,897,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID
Revenue
$36,846,068
HUD & ICF-MR FEES
Revenue
$192,043
Organization Details
Founding Year
1980
Phone
(479) 478-5600Principal Officer
Verlyne G Miller
Main Address
PO BOX 11495, FORT SMITH, AR, 72917
Website
www.bost.orgNTEE Category
Code: P82Z - Human services
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