Overview
What is Adelphi Organization?
The Adelphi Organization is a nonprofit entity, situated in Quinlan, Texas. Its primary mission is to foster spiritual growth by providing a conducive environment for virtuous living and religious education. The organization generates revenue primarily from low-income rents and the utilization of copying and printing facilities. The funds are primarily allocated towards maintaining and constructing the Adelphi community. Additionally, property taxes and depreciation constitute a significant portion of the expenses. Notably, property taxes were paid twice this year, once in January 2021 and again in November 2022, contributing to the higher expenditures.
Official website here: www.adelphi.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Adelphi Organization has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived entirely from a single beacon score, emphasizing the importance of financial integrity. Key strengths include a fully independent board, no material diversion of assets, and a strong program expense ratio of 71.73%, suggesting efficient use of funds towards its mission.
While the organization excels in several areas, it does have notable limitations, particularly concerning governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy has resulted in lower scores in these critical areas. This indicates room for improvement in establishing comprehensive governance practices that enhance transparency and accountability.
Overall, the Adelphi Organization demonstrates a commitment to responsible financial management, although enhancing its governance framework could significantly bolster its credibility and operational effectiveness. Stakeholders and potential donors might find its transparency in financial reporting reassuring, but may also seek assurance regarding its governance protocols.
This AI summary has been generated from information found on Charity Navigator.
Is Adelphi Organization legitimate?
Adelphi Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adelphi Organization 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
Official website here: www.adelphi.com
What is the mission statement of Adelphi Organization?
The Adelphi Organization's mission is centered around establishing and sustaining a community that fosters spiritual growth. This is achieved through the provision of religious education and the encouragement of virtuous living, all within a supportive environment. The organization's primary goal is to facilitate personal development in a spiritual sense. Revenue for the organization comes from modest rents and the use of copying and printing facilities. The main expenses include the upkeep of facilities, property taxes, and depreciation. Notably, property taxes were paid twice this year, once in January for 2021 and again in November for 2022, contributing to the higher expenses.
Official website here: www.adelphi.com
Who is the CEO of Adelphi Organization?
Michael Fay is the Director, President of Adelphi Organization.
Official website here: www.adelphi.com
What is the revenue of Adelphi Organization?
Adelphi Organization's revenue in 2022 was $85,527.
Official website here: www.adelphi.com
Who are the executives of Adelphi Organization and what are their salaries?
There 6 volunteers at Adelphi Organization.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.adelphi.com
Where can I find the form 990 for Adelphi Organization?
Adelphi Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adelphi.com
Learn more at the official website: www.adelphi.com
Mission Statement of Adelphi Organization
The Adelphi Organization, established with the intent to build and sustain a community, focuses on facilitating spiritual growth through the practice of virtuous living and the provision of religious education in a supportive environment. This nonprofit organization's mission is to create an atmosphere that encourages individuals to cultivate their spirituality, fostering personal development through the integration of religious beliefs and moral values. The Adelphi Organization provides a setting where community members can learn and grow together, with a strong emphasis on virtuous living and the application of religious teachings in daily life.
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Impact
October, 2024
The Adelphi Organization plays a vital role in fostering spiritual growth and community development in Quinlan, TX. By building and maintaining a community that emphasizes virtuous living and practical religious education, it creates an environment where individuals can thrive spiritually and socially. The organization provides low-income housing options, making it accessible for individuals and families seeking to improve their lives through faith-based principles.
Additionally, Adelphi offers essential services such as copying and printing facilities, which not only serve community members but also generate necessary revenue to support its operations. Despite facing challenges, such as increased property taxes that have raised expenses, the organization remains committed to its mission. This unwavering dedication not only enriches the lives of its members but also contributes positively to the broader community by promoting values of virtue, support, and education. In summary, the Adelphi Organization's impact is profound, as it cultivates a nurturing space for spiritual and personal development while ensuring that the community thrives collectively.
This information is meant to be a general summary of Adelphi Organization. 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: $1,734
- Program Service Revenue: $27,895
- Gross Receipts: $85,629
Assets and Liabilities:
- Total Assets: $1,085,975
- Total Liabilities: $0
- Net Assets: $1,085,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational Support Services
Revenue
$256
Low Income Rents
Revenue
$27,639
Organization Details
Founding Year
1976
Phone
(972) 563-1346Principal Officer
Michael Fay
Main Address
P O Box 2423, Quinlan, TX, 75474
Website
www.adelphi.comNTEE Category
Code: X50 - Religion related
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