Overview
What is Friends Of Bill Wilson Inc?
Friends of Bill Wilson Inc, also known as the Post Oak Club, is a nonprofit organization based in Houston, Texas. With approximately 7 employees, they provide facilities for Alcoholics Anonymous meetings, catering to an estimated 90,000 individuals annually. Their mission is to make the Alcoholics Anonymous program of recovery accessible to all alcoholics. In addition to the meetings, they offer literature and a coffee bar for attendees. The organization's primary activity revolves around education, with a focus on spreading the Alcoholics Anonymous recovery program to as many individuals as possible.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating
Friends Of Bill Wilson Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization showcases strong governance with 100% independent board members and a well-documented board meeting process, contributing positively to its overall rating. Additionally, it maintains a favorable liabilities to assets ratio and allocates a significant portion of its budget towards program expenses, reflecting a commitment to its mission.
Despite its strengths, the Two-Star rating suggests that there may be areas for improvement in the organization’s operational efficiency or financial health. While the program expense ratio is commendable at over 80%, the overall score indicates that the organization may face challenges in further enhancing its fiscal accountability and transparency measures.
Overall, Friends Of Bill Wilson Inc demonstrates a solid foundation in board governance and fund allocation, but stakeholders may want to monitor its operational practices to ensure continued growth and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Bill Wilson Inc legitimate?
Friends Of Bill Wilson Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Bill Wilson 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: $101,446
For more financial information, click here
What is the mission statement of Friends Of Bill Wilson Inc?
The mission of Friends of Bill Wilson Inc is centered around making the Alcoholics Anonymous program of recovery accessible to all alcoholics. Their primary goal is to ensure the program is readily available and within reach for everyone who needs it. They offer facilities for Alcoholics Anonymous meetings, and an estimated 90,000 individuals attend these meetings annually. Additionally, they provide literature and a coffee bar to assist attendees during their meetings.
Who is the CEO of Friends Of Bill Wilson Inc?
David Ludlow is the Treasurer of Friends Of Bill Wilson Inc.
What is the revenue of Friends Of Bill Wilson Inc?
Friends Of Bill Wilson Inc's revenue in 2022 was $306,697.
Who are the executives of Friends Of Bill Wilson Inc and what are their salaries?
The average compensation at Friends Of Bill Wilson Inc during 2022 was $14,492. There are 7 employees and 36 volunteers at Friends Of Bill Wilson Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Friends Of Bill Wilson Inc?
Friends Of Bill Wilson Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Bill Wilson Inc
Friends of Bill Wilson Inc, a nonprofit organization, is dedicated to a noble mission. They strive to ensure that the Alcoholics Anonymous program of recovery is accessible and available to all alcoholics. By providing facilities for meetings, they create a space where individuals can gather and support each other in their journey towards sobriety. This organization annually welcomes an estimated 90,000 individuals seeking help, offering them a chance to attend meetings and avail of literature and a coffee bar to aid in their recovery. Friends of Bill Wilson Inc plays a crucial role in making the Alcoholics Anonymous program more accessible, contributing significantly to the recovery efforts of countless individuals.
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Impact
June, 2024
Friends Of Bill Wilson Inc plays a significant role in making the Alcoholics Anonymous program of recovery available and accessible to all alcoholics in Houston, TX. By providing facilities for Alcoholics Anonymous meetings, literature, and a coffee bar, they serve an estimated 90,000 individuals annually. This organization has a direct impact on the mental health of those struggling with alcoholism, offering support and resources for their recovery journey.
This information is meant to be a general summary of Friends Of Bill Wilson 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: $69
- Gross Receipts: $356,117
Assets and Liabilities:
- Total Assets: $1,346,664
- Total Liabilities: -$1,555
- Net Assets: $1,348,219
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Organization Details
Founding Year
1994
Principal Officer
David Ludlow
Main Address
6616 Long Point, Houston, TX, 77055
NTEE Category
Code: F22 - Mental health
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