Overview
What is Khesed Wellness A Colorado Nonprofit?
Khesed Wellness, a nonprofit based in Edgewater, Colorado, is dedicated to offering affordable mental health and wellness services to those in need. Operating out of 2255 Sheridan Blvd, C224, the organization focuses on business programs and group therapy to support individuals who may otherwise struggle to access these resources. Their mission is to make a positive impact on the community by providing essential mental health services to the underserved population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
Khesed Wellness has received a 57% rating from Charity Navigator, indicating significant room for improvement in its overall accountability and finance practices. While the organization excels in leadership and adaptability, achieving a perfect score of 100 in that area, its accountability score is notably lower at 52%. This discrepancy suggests that while the organization may have strong leadership, it does not yet effectively manage its financial practices.
One of the key strengths highlighted is the high program expense ratio of 80.93%, indicating a substantial portion of its expenses directly supports its programs. Additionally, Khesed Wellness has a fully independent board, ensuring that governance is not influenced by internal interests, which is a positive aspect of its operations. The nonprofit also demonstrates transparency by documenting board meeting minutes and having no material diversion of assets.
However, a concerning point is the liabilities to assets ratio at 70.59%, which is a significant red flag regarding financial stability. While the organization has articulated strategic goals focused on the well-being of therapists and equity for marginalized communities, the financial challenges may hinder its ability to effectively achieve these objectives in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Khesed Wellness A Colorado Nonprofit legitimate?
Khesed Wellness A Colorado Nonprofit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Khesed Wellness A Colorado Nonprofit 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: $1,109,876
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What is the mission statement of Khesed Wellness A Colorado Nonprofit?
The organization, Khesed Wellness, is dedicated to offering affordable mental health and wellness services to underserved individuals. Its primary mission is to make these essential resources accessible to those who might not otherwise have access. Through its outpatient services, Khesed Wellness aims to improve the mental and emotional well-being of its clients, providing them with the support they need to lead healthier, more balanced lives. Additionally, the nonprofit supports group therapy, further fostering a sense of community and shared understanding among its clients. The organization's activities are geared towards expanding these services and making them more widely available to those in need.
Who is the CEO of Khesed Wellness A Colorado Nonprofit?
Heather Lundy Nelson is the Chairperson of Khesed Wellness A Colorado Nonprofit.
What is the revenue of Khesed Wellness A Colorado Nonprofit?
Khesed Wellness A Colorado Nonprofit's revenue in 2023 was $1,034,808.
Who are the executives of Khesed Wellness A Colorado Nonprofit and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Khesed Wellness A Colorado Nonprofit?
Khesed Wellness A Colorado Nonprofit's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Khesed Wellness A Colorado Nonprofit
Khesed Wellness, a Colorado-based nonprofit, is dedicated to providing equitable access to mental health and wellness services for underserved communities. Through its outpatient programs, this organization offers affordable and comprehensive care aimed at improving the overall well-being of its clients. The mission of Khesed Wellness is to offer mental health services that are accessible and affordable, ensuring that no one is left behind due to financial constraints. The organization's programs support various aspects of mental health, including group therapy, and are designed to cater to the unique needs of the underserved population. This nonprofit's efforts contribute significantly to enhancing the mental health landscape, making a positive impact on the lives of those who might otherwise struggle to access such essential services.
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Impact
June, 2024
Khesed Wellness in Edgewater, Colorado, has made a significant impact by providing affordable outpatient mental health and wellness services to underserved individuals. Through their programs and group therapy sessions, Khesed Wellness has been able to support the mental well-being of those who may not have had access to such services otherwise. Their dedication to addressing mental health needs in the community is reflected in their mission to provide these vital services to those in need.
This information is meant to be a general summary of Khesed Wellness A Colorado Nonprofit. 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 2023.
- Program Service Revenue: $358,672
- Gross Receipts: $1,034,808
Assets and Liabilities:
- Total Assets: $341,467
- Total Liabilities: $241,054
- Net Assets: $100,413
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Therapy session revenue
Revenue
$358,672
Organization Details
Founding Year
2016
Phone
(720) 575-9889Principal Officer
Heather Lundy Nelson
Main Address
2255 Sheridan Blvd C224, Edgewater, CO, 80214
NTEE Category
Code: F60 - Mental health
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