Overview
What is American Agape Foundation Inc?
American Agape Foundation Inc is a nonprofit organization based in San Antonio, Texas, with a mission to provide social services and support low-income housing projects in Arkansas, Mississippi, Louisiana, and Texas. They achieve this goal by offering affordable housing and essential services to those in need. With a team of three dedicated individuals, American Agape Foundation Inc focuses on uplifting communities and improving living conditions for low-income recipients in these states.
What are the reviews and ratings of this charity?
90% rating from Charity Navigator.
The American Agape Foundation Inc has achieved a Four-Star out of Four Star rating due to its strong focus on accountability and finance. The charity's high score reflects its effective governance practices, including a fully independent board and robust financial oversight. With a program expense ratio of 93.31%, it demonstrates a commitment to directing the majority of its resources towards its mission.
The organization shows no significant issues in terms of asset diversion or conflicts of interest, which enhances its reliability and transparency. Their adherence to sound financial practices, including proper documentation and auditing processes, adds to their credibility.
While the rating is exemplary, potential donors may still want to consider other aspects such as program effectiveness or community impact, which are not reflected in the financial score alone. Overall, the foundation appears well-managed and dedicated to its philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is American Agape Foundation Inc legitimate?
American Agape Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Agape 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: $98,124
For more financial information, click here
What is the mission statement of American Agape Foundation Inc?
The American Agape Foundation Inc is dedicated to making a positive impact on the lives of low-income individuals by providing essential social services and supporting affordable housing projects. Based in Arkansas, Mississippi, Louisiana, and Texas, the foundation focuses on enhancing the quality of life for those in need. Through its initiatives, American Agape Foundation offers access to crucial social services while advocating for and creating affordable housing opportunities. The ultimate goal is to help low-income recipients overcome challenges and build a better future for themselves. The organization's work encompasses various areas, such as education, healthcare, and financial assistance, ensuring communities are strengthened and supported.
Who is the CEO of American Agape Foundation Inc?
David Starr is the Director of American Agape Foundation Inc.
What is the revenue of American Agape Foundation Inc?
American Agape Foundation Inc's revenue in 2022 was $14,182,714.
Who are the executives of American Agape Foundation Inc and what are their salaries?
The average compensation at American Agape Foundation Inc during 2022 was $32,708. There are 3 employees at American Agape Foundation Inc.
Here are 4 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
Where can I find the form 990 for American Agape Foundation Inc?
American Agape Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Agape Foundation Inc
The American Agape Foundation Inc is a nonprofit organization that is committed to making a difference in the lives of low-income individuals in Arkansas, Mississippi, Louisana, and Texas. Their mission is twofold: to provide social services to those in need and to support low-income housing projects in these states.
Through their social services program, the American Agape Foundation Inc reaches out to individuals who are struggling financially. They offer a helping hand to these recipients, providing them with crucial assistance to improve their overall well-being. The organization's services are designed to uplift and empower, giving recipients the tools they need to move forward and build a better future.
In addition to their social services, the American Agape Foundation Inc also supports low-income housing projects in the aforementioned states. By providing affordable housing options, they are able to help families and individuals find a safe and stable place to call home. This not only improves their quality of life but also provides a sense of security and peace of mind. The organization's commitment to affordable housing is a vital step in breaking the cycle of poverty, giving individuals and families the opportunity to focus on their personal growth and development.
Together, the American Agape Foundation Inc's social services and low-income housing initiatives work hand in hand to create lasting change in the lives of those they serve. Their mission is one of compassion and support, and they remain dedicated to making a positive impact in the communities they serve.
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Impact
October, 2024
American Agape Foundation Inc significantly impacts low-income communities in Arkansas, Mississippi, Louisiana, and Texas by providing essential social services and supporting affordable housing projects. By focusing on the needs of low-income recipients, the organization helps improve living conditions and fosters stability for families in these regions.
Through its initiatives, American Agape Foundation Inc ensures access to safe and affordable housing, which is crucial for economic stability and personal well-being. The social services they provide go beyond immediate housing needs, addressing various aspects of life that affect individuals and families, such as health, education, and employment opportunities.
Overall, the foundation's work contributes to reducing poverty and enhancing quality of life, creating a stronger community framework and enabling individuals to thrive despite economic challenges.
This information is meant to be a general summary of American Agape 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: $36,738
- Program Service Revenue: $2,048,743
- Gross Receipts: $14,182,714
Assets and Liabilities:
- Total Assets: $23,390,807
- Total Liabilities: $57,500
- Net Assets: $23,333,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORTING FEES
Revenue
$2,048,743
Organization Details
Founding Year
1988
Phone
(210) 341-8097Principal Officer
David Starr
Main Address
7334 BLANCO ROAD STE 200, SAN ANTONIO, TX, 78216
NTEE Category
Code: L210 - Housing
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