Overview
What is Wolfe Street Foundation Inc?
The Wolfe Street Foundation Inc, based in Little Rock, Arkansas, serves as a beacon of hope for individuals seeking recovery from substance use disorders. This nonprofit organization offers a range of services, including hosting mutual aid recovery meetings, providing peer recovery support, and offering transitional housing. Their mission extends beyond the individuals themselves, reaching out to their loved ones and the wider community. The foundation aims to provide facilities, education, and outreach to support those on the path to recovery from drug and alcohol abuse. With a dedicated workforce of 6 employees, the Wolfe Street Foundation strives to make a tangible difference in the lives of those affected by addiction.
Official website here: www.wolfestreet.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 36%, Zero-Star out of Four Star rating.
The Wolfe Street Foundation Inc has received a Zero-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and finance practices. The overall score is derived solely from a 36% rating in the Accountability & Finance category, which highlights several areas of weakness, particularly in the absence of key governance policies such as a conflict of interest policy and a whistleblower policy.
On a more positive note, the organization does have a fully independent board, with 12 members, and they have demonstrated good practices in certain areas, including the documentation of board meeting minutes and the listing of their website on tax forms. However, the organization's financial practices raise red flags, particularly a low program expense ratio of 40.31% and a concerning liabilities to assets ratio of 0.17%, which could indicate challenges in managing resources effectively.
Overall, while the Wolfe Street Foundation Inc shows strengths in governance structure, it faces significant challenges in financial health and transparency, necessitating improvements to build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wolfe Street Foundation Inc?
98% of 41 reviewers on Facebook recommend Wolfe Street Foundation Inc. Here is a summary of their reviews:
Many individuals express gratitude for the supportive environment provided by the Wolfe Street Center. They appreciate the welcoming atmosphere, noting that it can be a comforting place during times of uncertainty. Reviewers often highlight the friendly staff, which contributes significantly to their positive experiences.
Overall, the sentiment is overwhelmingly favorable, with people feeling reassured and uplifted by the services offered. This nonprofit seems to effectively fulfill its mission, offering not just resources, but also a nurturing community where individuals can seek help and find solace.
This AI summary has been generated from reviews found on Facebook.
Is Wolfe Street Foundation Inc legitimate?
Wolfe Street Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wolfe Street 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: $83,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,091
For more financial information, click here
Official website here: www.wolfestreet.org
What is the mission statement of Wolfe Street Foundation Inc?
The Wolfe Street Foundation Inc is dedicated to aiding individuals seeking recovery from drug and alcohol abuse. Their mission encompasses providing facilities, education, and outreach to these individuals, as well as offering support to their loved ones and communities. Specifically, they host mutual aid recovery meetings, offer peer recovery support services, and provide transitional housing for people seeking and sustaining recovery from substance use disorders. In essence, their goal is to contribute to the recovery process and offer resources for those on the journey to sobriety.
Official website here: www.wolfestreet.org
Who is the CEO of Wolfe Street Foundation Inc?
Justin Buck is the Board Member of Wolfe Street Foundation Inc.
Official website here: www.wolfestreet.org
What is the revenue of Wolfe Street Foundation Inc?
Wolfe Street Foundation Inc's revenue in 2022 was $429,824.
Official website here: www.wolfestreet.org
Who are the executives of Wolfe Street Foundation Inc and what are their salaries?
The average compensation at Wolfe Street Foundation Inc during 2022 was $33,172. There are 6 employees and 120 volunteers at Wolfe Street Foundation Inc.
Here are 12 key members and their salaries:
- Compensation: $0
- 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
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wolfestreet.org
Where can I find the form 990 for Wolfe Street Foundation Inc?
Wolfe Street Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wolfestreet.org
Learn more at the official website: www.wolfestreet.org
Mission Statement of Wolfe Street Foundation Inc
The Wolfe Street Foundation, a charitable organization, is dedicated to aiding individuals in their recovery from drug and alcohol abuse. Their mission is threefold: providing facilities, education, and outreach to those seeking recovery, as well as offering support to their loved ones and the wider community.
In practice, the Wolfe Street Foundation offers a variety of recovery services and resources. They host mutual aid recovery meetings, which provide a supportive environment for individuals on their journey to recovery. Additionally, they offer peer recovery support services, offering personalized assistance and guidance to those in need. Furthermore, they provide transitional housing for people seeking and sustaining recovery from substance use disorders, offering a safe and stable living environment during their recovery process.
By offering these services, the Wolfe Street Foundation aims to make a positive impact on the lives of those affected by drug and alcohol abuse, supporting their recovery and helping them rebuild their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Wolfe Street Foundation Inc plays a crucial role in providing recovery services and resources to individuals seeking to overcome drug and alcohol abuse. By hosting mutual aid recovery meetings, offering peer recovery support services, and providing transitional housing for those in recovery, Wolfe Street Foundation makes a significant impact on the lives of individuals battling substance use disorders. Additionally, the organization extends its support to the loved ones of those undergoing recovery, further strengthening the community's ability to cope with addiction-related challenges. Through its commitment to education and outreach, Wolfe Street Foundation is actively contributing to the advancement of mental health and well-being in the community.
This information is meant to be a general summary of Wolfe Street 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.
- Investment Income: $2,946
- Program Service Revenue: $63,501
- Gross Receipts: $467,304
Assets and Liabilities:
- Total Assets: $1,780,499
- Total Liabilities: $3,043
- Net Assets: $1,777,456
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING ROOM RENT
Revenue
$31,202
RECOVERY RESIDENCE PRO
Revenue
$15,745
RECOVERY BOOK SALES
Revenue
$14,864
MEAL & SOFT DRINK SALE
Revenue
$1,690
Organization Details
Founding Year
1982
Phone
(501) 372-5662Principal Officer
Justin Buck
Main Address
PO BOX 3708, LITTLE ROCK, AR, 72203
Website
www.wolfestreet.orgNTEE Category
Code: F22Z - Mental health
If you are a representative of Wolfe Street Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.