Overview
What is Denton Assistance Center Inc?
Denton Assistance Center Inc is a nonprofit organization situated in Denton, Texas, with a specific mission to facilitate accessibility of services provided by other nonprofit organizations. They accomplish this by offering significantly lower rent compared to commercial office space and sharing costs. This strategic partnership not only reduces expenses for the collaborating nonprofits but also ensures that a larger portion of the community's funds directly benefits those in need. By doing so, Denton Assistance Center Inc plays a crucial role in enabling these nonprofits to expand their operations and meet the growing demand for their services, ultimately strengthening the overall community support network. The organization is staffed by 21 dedicated individuals.
Official website here: www.servedenton.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating
Denton Assistance Center Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to financial health and accountability. The overall score reflects high marks in both Accountability & Finance and Culture & Community, showcasing the organization's effective management and transparent operations. With a perfect score for independent board members and oversight practices, the organization demonstrates a robust governance structure.
The charity's financial practices are noteworthy, with a low liabilities to assets ratio of 33.40% and a program expense ratio of 65.94%, indicating that a significant portion of its funds is directed towards its programs and services. Additionally, the organization excels in collecting and utilizing constituent feedback, which is crucial for ensuring that the services provided meet community needs. The commitment to equity strategies further highlights its dedication to inclusivity and responsiveness.
While the organization's financial health and community engagement are impressive, the program expense ratio may suggest areas for improvement in maximizing program investment. Nonetheless, Denton Assistance Center Inc stands out for its transparency and effectiveness, making it a reliable choice for donors looking to support impactful community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Denton Assistance Center Inc legitimate?
Denton Assistance Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denton Assistance Center 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: $153,507
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,986
For more financial information, click here
Official website here: www.servedenton.org
What is the mission statement of Denton Assistance Center Inc?
The Denton Assistance Center Inc partners with various nonprofit organizations to make their services more affordable and accessible for individuals in need. By offering significantly lower rent compared to commercial office space and sharing costs, a larger portion of the community's funds directly benefits those who require assistance. This collaboration enables nonprofit organizations to expand their operations and meet the growing demand for their services. The center's mission ultimately aims to ensure that more community dollars are utilized effectively to aid those who need it most.
Official website here: www.servedenton.org
Who is the CEO of Denton Assistance Center Inc?
Patrick Smith is the Ceo of Denton Assistance Center Inc. The CEO's salary of Denton Assistance Center Inc is $101,113 and their total compensation is $101,113.
Official website here: www.servedenton.org
What is the revenue of Denton Assistance Center Inc?
Denton Assistance Center Inc's revenue in 2022 was $1,604,184.
Official website here: www.servedenton.org
Who are the executives of Denton Assistance Center Inc and what are their salaries?
The average compensation at Denton Assistance Center Inc during 2022 was $18,976. There are 21 employees and 5 volunteers at Denton Assistance Center Inc.
Here are 27 key members and their salaries (Denton Assistance Center Inc's CEO's salary is $101,113 and their total compensation is $101,113):
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Official website here: www.servedenton.org
Where can I find the form 990 for Denton Assistance Center Inc?
Denton Assistance Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.servedenton.org
Learn more at the official website: www.servedenton.org
Mission Statement of Denton Assistance Center Inc
Denton Assistance Center Inc plays a crucial role in supporting various nonprofit organizations by making their services more affordable and accessible for those in need. The center accomplishes this by offering significantly lower rent compared to commercial office space and sharing costs. This strategic partnership allows for more of the community's funds to directly reach the individuals who require assistance, thereby strengthening the impact of the nonprofits' initiatives. Furthermore, this collaboration enables nonprofit organizations to expand their operations in response to the growing demand for their services, ultimately benefiting a broader segment of the community.
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Impact
July, 2024
Denton Assistance Center Inc's impact can be seen in its strategic partnerships with Denton Assistance Center to enhance accessibility to services for those in need. By providing significantly lower rental rates compared to commercial office spaces and sharing costs, Denton Assistance Center Inc enables more community resources to directly benefit individuals requiring assistance the most. This collaboration not only supports the expansion of services but also helps address the increasing demand for aid within the community. Through its initiatives, Denton Assistance Center Inc effectively channels support towards improving the lives of those in need.
This information is meant to be a general summary of Denton Assistance Center 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: $152,811
- Program Service Revenue: $465,465
- Gross Receipts: $1,702,785
Assets and Liabilities:
- Total Assets: $7,670,238
- Total Liabilities: $2,759,336
- Net Assets: $4,910,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM
Revenue
$90,368
PROGRAM RENTAL INCOME
Revenue
$375,097
Organization Details
Founding Year
2001
Phone
(940) 735-3234Principal Officer
Patrick Smith
Main Address
306 N LOOP 288 100, DENTON, TX, 76029
Website
www.servedenton.orgNTEE Category
Code: P99 - Human services
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