Overview
What is The Shed Inc?
The Shed Inc, located in Wetumpka, Alabama, is a nonprofit organization dedicated to supporting men struggling with addiction. With a small workforce of only two individuals, they provide shelter, meals, counseling, and job assistance to help these individuals overcome their addictions. Their mission is to offer a safe and supportive environment, empowering men to rebuild their lives and achieve sobriety. In addition to their core services, they also offer counseling and support to aid in the recovery process.
Official website here: www.theshedinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%
The Shed Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating strong performance in accountability and finance. Their overall score reflects a commitment to transparency, with a particularly high program expense ratio of 98.61%, suggesting that the majority of their funds are directed towards their mission rather than administrative costs.
Strengths of the organization include a fully independent board of directors and robust financial management practices, with no material diversion of assets reported. The charity has policies in place for conflict of interest and document retention, contributing to its high accountability score. They have also demonstrated effective documentation practices, such as maintaining board meeting minutes.
However, there are some limitations noted, as the organization lacks a whistleblower policy, which is an important element of organizational governance. Despite this gap, The Shed Inc's overall governance framework remains strong, and the absence of this policy does not significantly affect their high rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Shed Inc legitimate?
The Shed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Shed 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: $6,720
For more financial information, click here
Official website here: www.theshedinc.org
What is the mission statement of The Shed Inc?
The mission of The Shed Inc is centered around providing essential aid to men struggling with addiction. This includes offering shelter, food, counseling, support, and job assistance as they navigate their recovery process. The organization's primary goal is to empower these individuals, offering them the tools they need to overcome their addiction and establish a stable, productive lifestyle. Throughout the year, The Shed Inc has helped more than 12 men in their recovery journey.
Official website here: www.theshedinc.org
Who is the CEO of The Shed Inc?
Ed Bice is the President of The Shed Inc.
Official website here: www.theshedinc.org
What is the revenue of The Shed Inc?
The Shed Inc's revenue in 2022 was $164,819.
Official website here: www.theshedinc.org
Who are the executives of The Shed Inc and what are their salaries?
The average compensation at The Shed Inc during 2022 was $3,360. There are 2 employees and 10 volunteers at The Shed Inc.
Here are 8 key members and their salaries:
- Compensation: $11,708
- 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.theshedinc.org
Where can I find the form 990 for The Shed Inc?
The Shed Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theshedinc.org
Learn more at the official website: www.theshedinc.org
Mission Statement of The Shed Inc
The Shed Inc, a nonprofit organization, is dedicated to aiding men in their journey towards overcoming addiction. Its primary mission is to provide shelter, essential provisions, counseling, support, and job assistance for these individuals as they strive to break free from their addictive habits. By offering a safe and supportive environment, The Shed Inc seeks to empower men on their path to recovery, guiding them towards a healthier and more fulfilling life.
In the past year, The Shed Inc has provided shelter and necessary resources to over 12 men, demonstrating its commitment to helping those in need. The organization's comprehensive approach encompasses not only the provision of a safe space but also counseling services, ongoing support, and assistance in finding employment. By addressing the physical, emotional, and practical needs of recovering addicts, The Shed Inc plays a vital role in helping individuals rebuild their lives and move towards a future free from addiction.
In essence, The Shed Inc serves as a beacon of hope for men seeking to overcome their addictions. By providing a holistic approach to recovery, the organization offers a chance for these individuals to regain control of their lives and start anew on the path to a healthier, happier future.
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
The Shed Inc has had a significant impact on the lives of men in Wetumpka, AL who are overcoming addiction. More than 12 individuals have been provided with shelter, food, counseling, support, and job assistance during their recovery journey. By offering these essential services, The Shed Inc is contributing to the mental health and well-being of individuals in need within the local community.
This information is meant to be a general summary of The Shed 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: $12,892
- Program Service Revenue: $43,678
- Gross Receipts: $178,827
Assets and Liabilities:
- Total Assets: $400,834
- Total Liabilities: $5,315
- Net Assets: $395,519
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.
PROGRAM SERVICE REVENUE
Revenue
$43,678
Organization Details
Founding Year
2004
Phone
(334) 799-3689Principal Officer
Ed Bice
Main Address
501 PEACE CHURCH ROAD, WETUMPKA, AL, 360933240
Website
www.theshedinc.orgNTEE Category
Code: F20 - Mental health
If you are a representative of The Shed 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.