Overview
What is Vessels With Purpose Child Placing?
Vessels With Purpose Child Placing is a nonprofit organization situated in Desoto, Texas, specifically at 777 E Wheatland Rd APT 102. Their mission revolves around offering community outreach services, with a primary focus on fostercare and child placement services. With a staff of six dedicated individuals, their work aims to contribute positively to this critical area, contributing to the well-being and care of children in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Vessels With Purpose Child Placing has received a Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance. The charity's overall score is based entirely on its accountability and finance beacon, which garnered an impressive 82%. This strong rating reflects the organization's responsible financial management and commitment to transparency.
Among its notable strengths, the organization boasts a fully independent board with 80% of its members being independent. Vessels With Purpose has a solid financial structure, evidenced by its low liabilities to assets ratio of 17.36% and a program expense ratio of 71.93%. These figures suggest that a significant portion of its funding is directed toward programmatic efforts rather than administrative costs.
While the data reflects favorable financial practices, the score is limited to the accountability and finance category, which does not encompass other aspects such as program effectiveness or community impact. As such, while the management and financial practices appear sound, potential donors may wish to seek additional information on the organization's overall performance and outcomes in its mission area.
This AI summary has been generated from information found on Charity Navigator.
Is Vessels With Purpose Child Placing legitimate?
Vessels With Purpose Child Placing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vessels With Purpose Child Placing 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: $132,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,444
For more financial information, click here
What is the mission statement of Vessels With Purpose Child Placing?
Vessels With Purpose Child Placing has a mission to deliver community outreach services in the realm of foster care and child placement. Their primary objective is to contribute positively in this area, offering support and resources to those involved. The organization strives to make a difference in the lives of children and families by providing essential services related to foster care and child placement. While specific details about the methods or extent of these services may not be available, it can be inferred that their mission is centered around enhancing the foster care and child placement process through community outreach.
Who is the CEO of Vessels With Purpose Child Placing?
Cynthia R Thomas is the Ex Director / Pres of Vessels With Purpose Child Placing.
What is the revenue of Vessels With Purpose Child Placing?
Vessels With Purpose Child Placing's revenue in 2022 was $819,017.
Who are the executives of Vessels With Purpose Child Placing and what are their salaries?
The average compensation at Vessels With Purpose Child Placing during 2022 was $29,156. There are 6 employees at Vessels With Purpose Child Placing.
Here are 5 key members and their salaries:
- Compensation: $132,489
- 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
Where can I find the form 990 for Vessels With Purpose Child Placing?
Vessels With Purpose Child Placing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vessels With Purpose Child Placing
Vessels With Purpose Child Placing is a nonprofit organization dedicated to delivering community outreach services in the realm of foster care and child placement. Their primary mission is to make a positive impact in this area, offering assistance and support to those involved. By providing these services, the organization seeks to contribute to the well-being of children and families in need. Through their community outreach efforts, Vessels With Purpose Child Placing aims to make a difference in the lives of those navigating the complexities of foster care, ultimately promoting the best possible outcomes for the children involved.
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Impact
July, 2024
Vessels With Purpose Child Placing impacts the community by providing essential services related to foster care and child placement. Through their outreach efforts, they are able to support vulnerable children and families in need. Their mission to improve the welfare of children in the foster care system directly contributes to creating better outcomes for these individuals. Their work serves as a vital resource for those navigating the complexities of foster care and placement services in DESOTO, TX.
This information is meant to be a general summary of Vessels With Purpose Child Placing. 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: $817,623
- Gross Receipts: $819,017
Assets and Liabilities:
- Total Assets: $329,518
- Total Liabilities: $57,231
- Net Assets: $272,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Foster Care
Revenue
$817,623
Organization Details
Founding Year
2016
Phone
(214) 556-7079Principal Officer
Cynthia R Thomas
Main Address
777 E Wheatland Rd APT 102, Desoto, TX, 75115
NTEE Category
Code: P32 - Human services
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