Overview
What is Dispute Resolution Services Of North Texas Inc?
Dispute Resolution Services of North Texas Inc is a distinguished nonprofit organization situated in Arlington, Texas. Its primary objective is to offer voluntary dispute resolution services, aiming to assist citizens in resolving their interpersonal disputes in a more efficient and cost-effective manner than the judicial system typically provides. The organization accomplishes this mission by offering mediation and conciliation services, which help parties involved in disputes reach a mutual agreement. With a small yet dedicated team of three employees, Dispute Resolution Services of North Texas Inc plays a significant role in promoting peaceful resolution and amicable settlements to various conflicts within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Dispute Resolution Services of North Texas Inc has achieved an impressive score of 94%, reflecting strong performance in accountability and finance. The organization boasts a fully independent board, with all members being independent, which enhances its governance structure. Additionally, there are no reported material diversions of assets, and it has robust policies in place, including conflict of interest, whistleblower, and document retention policies.
Financially, the organization is solid, with a low liabilities to assets ratio of 2.19%, indicating a healthy balance sheet. It also allocates a significant portion of its budget to programs, with a program expense ratio of 70.58%. These financial metrics demonstrate effective resource management, ensuring that funds are being directed towards the mission.
Overall, Dispute Resolution Services of North Texas Inc stands out as a well-managed nonprofit with strong governance and financial practices. However, ongoing transparency and adherence to best practices will be essential for maintaining its high rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Dispute Resolution Services Of North Texas Inc legitimate?
Dispute Resolution Services Of North Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dispute Resolution Services Of North Texas 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: $58,263
For more financial information, click here
What is the mission statement of Dispute Resolution Services Of North Texas Inc?
Dispute Resolution Services of North Texas Inc is committed to offering voluntary mediation and conciliation services to individuals engaged in interpersonal disputes. The organization's mission is to provide an alternative, more expeditious, and cost-effective solution to resolving conflicts compared to the judicial system. By offering these services, Dispute Resolution Services of North Texas Inc aims to help citizens find resolution to their disputes, fostering peace and understanding among them. The primary function of the organization is to facilitate a more amicable resolution to conflicts, thereby reducing the burden on the judicial system.
Who is the CEO of Dispute Resolution Services Of North Texas Inc?
Jacob Wallace is the President of Dispute Resolution Services Of North Texas Inc.
What is the revenue of Dispute Resolution Services Of North Texas Inc?
Dispute Resolution Services Of North Texas Inc's revenue in 2022 was $58,183.
Who are the executives of Dispute Resolution Services Of North Texas Inc and what are their salaries?
The average compensation at Dispute Resolution Services Of North Texas Inc during 2022 was $19,421. There are 3 employees and 5 volunteers at Dispute Resolution Services Of North Texas Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Dispute Resolution Services Of North Texas Inc?
Dispute Resolution Services Of North Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dispute Resolution Services Of North Texas Inc
Dispute Resolution Services of North Texas Inc is a dedicated organization that aims to offer voluntary mediation and conciliation services to citizens who are seeking a resolution to their interpersonal disputes. This process is designed to be more expeditious and cost-effective than what is typically available through the judicial system. The primary function of this nonprofit is to provide alternative dispute resolution services, offering a less formal and potentially less contentious avenue for resolving conflicts. By utilizing the services of Dispute Resolution Services of North Texas Inc, individuals can work towards finding a mutually agreeable solution to their disputes, avoiding the time and financial burdens often associated with court proceedings.
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Impact
August, 2024
Dispute Resolution Services Of North Texas Inc is making a significant impact in Arlington, TX by providing voluntary mediation and conciliation services for citizens seeking resolution to interpersonal disputes. By offering an alternative to the traditional judicial system that is more expeditious and less costly, the organization is helping residents resolve conflicts in a more efficient and affordable manner. Their work not only facilitates smoother resolutions but also contributes to reducing the burden on the court system, ultimately benefiting the community as a whole.
This information is meant to be a general summary of Dispute Resolution Services Of North Texas 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: $19
- Program Service Revenue: $1,331
- Gross Receipts: $58,183
Assets and Liabilities:
- Total Assets: $34,233
- Total Liabilities: $750
- Net Assets: $33,483
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Training Income
Revenue
-$174
Administrative Fees
Revenue
$1,505
Organization Details
Founding Year
1982
Phone
(817) 877-4554Principal Officer
Jacob Wallace
Main Address
PO Box 172661, Arlington, TX, 760032661
NTEE Category
Code: I51Z - Crime
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