Overview
What is Wsk House Inc?
Wsk House Inc is a non-profit organization based in Boston, Massachusetts, with a specific address at 47 West Street, MA-02111. Its primary mission is to support Bridge Over Troubled Waters, Inc., a non-profit organization, by purchasing and renovating a 28-unit congregate house located in Brighton, Massachusetts. The renovated house will serve as a resource, helping Bridge Over Troubled Waters, Inc. advance its mission. In essence, Wsk House Inc is an entity established to carry out the purposes of Bridge Over Troubled Waters, Inc., thereby benefiting and performing its functions.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 72%, Two-Star out of Four Star rating.
Wsk House Inc has received a 72% rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization demonstrates strong governance with 100% independent board members and effective policies in place for conflict of interest, document retention, and board meeting documentation. The program expense ratio is also commendable at 100%, signifying that all of its expenses are directed toward its stated programs.
Despite these strengths, the nonprofit faces challenges reflected in its liabilities to assets ratio, which stands at 72.05%. This is a significant concern as it suggests a higher level of financial risk relative to its assets, which could impact its long-term sustainability and ability to fulfill its mission. Overall, while Wsk House Inc shows promising governance and program expenditure practices, addressing its financial liabilities would be crucial for improving its overall rating and operational health.
This AI summary has been generated from information found on Charity Navigator.
Is Wsk House Inc legitimate?
Wsk House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wsk House 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: $0
For more financial information, click here
What is the mission statement of Wsk House Inc?
The mission of Wsk House Inc is aligned with that of Bridge Over Troubled Waters Inc, aiming to benefit and support its functions and purposes. Specifically, Wsk House Inc was established to contribute to the mission of Bridge Over Troubled Waters Inc by purchasing and renovating a residential facility. This newly acquired 28-unit congregate house will provide essential resources to help further the mission of the parent organization. The precise nature of the services provided by Wsk House Inc is not detailed, but it is clear that it is intended to aid Bridge Over Troubled Waters Inc in its efforts to fulfill its mission.
Who is the CEO of Wsk House Inc?
Elisabeth Jackson is the Chair of Wsk House Inc. The CEO's salary of Wsk House Inc is $0 and their total compensation is $184,529.
What is the revenue of Wsk House Inc?
Wsk House Inc's revenue in 2022 was $105,428.
Who are the executives of Wsk House Inc and what are their salaries?
There 3 volunteers at Wsk House Inc.
Here are 4 key members and their salaries (Wsk House Inc's CEO's salary is $0 and their total compensation is $184,529):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $170,645
- Other: $13,884
Where can I find the form 990 for Wsk House Inc?
Wsk House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wsk House Inc
Wsk House Inc, a nonprofit organization, was established to support and further the objectives of Bridge Over Troubled Waters, Inc. Their mission encompasses purchasing and renovating a 28-unit congregate house, which will serve as a crucial tool in assisting Bridge Over Troubled Waters, Inc. in fulfilling its mission. By doing so, Wsk House Inc aims to make a significant contribution to the work of Bridge Over Troubled Waters, Inc., ultimately benefiting those who are in need of their services. The specific purpose of Wsk House Inc is to provide a renovated facility that will aid Bridge Over Troubled Waters, Inc. in carrying out its mission effectively.
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Impact
June, 2024
Wsk House Inc's impact lies in providing support and resources to Bridge Over Troubled Waters, Inc. through the acquisition and renovation of a 28-unit congregate house in Brighton, Massachusetts. This initiative directly contributes to the mission of aiding individuals in need, particularly in the realm of mental health. By facilitating the functioning and goals of Bridge Over Troubled Waters, Wsk House Inc plays a vital role in improving the lives of those facing challenges and seeking assistance in the Boston area.
This information is meant to be a general summary of Wsk House 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.
- Program Service Revenue: $105,428
- Gross Receipts: $105,428
Assets and Liabilities:
- Total Assets: $4,065,463
- Total Liabilities: $2,788,705
- Net Assets: $1,276,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPACE RENTAL
Revenue
$105,428
Organization Details
Founding Year
2016
Phone
(617) 423-9575Principal Officer
Elisabeth Jackson
Main Address
47 WEST STREET, BOSTON, MA, 02111
NTEE Category
Code: F11 - Mental health
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