Overview
What is Achieve Services Endowment Inc?
Achieve Services Endowment Inc is a nonprofit organization dedicated to nurturing its assets with the sole intent of backing the philanthropic endeavors and activities of Achieve Services, Inc. This sister organization, a 501(C)(3), offers employment, social, and life skills training for adults with developmental disabilities. Although it experienced no significant activity in 2021, its primary role remains supporting Achieve Services' charitable mission. The endowment primarily focuses on managing its assets to bolster the resources available for the overall mission of its affiliated nonprofit.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (54%)
Achieve Services Endowment Inc received a One-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 54%. This score indicates challenges in the charity's financial management and accountability, as the rating is derived solely from its Accountability & Finance category. A significant concern is the charity's 0.00% program expense ratio, suggesting limited or no expenditures directed towards its programs.
However, the organization demonstrates strong governance with a fully independent board, scoring the maximum points in board independence and size, as well as having policies in place for conflict of interest, whistleblowing, and document retention. These strengths indicate that while the charity may manage governance effectively, there are critical areas needing improvement, particularly in financial allocations towards its mission.
Overall, while Achieve Services Endowment Inc has established robust governance frameworks, its low financial score raises concerns about its operational effectiveness and impact. Stakeholders may want to consider these factors when evaluating the charity's potential for meaningful contributions to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Achieve Services Endowment Inc legitimate?
Achieve Services Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achieve Services Endowment 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
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What is the mission statement of Achieve Services Endowment Inc?
Achieve Services Endowment Inc. primarily focuses on managing and growing its assets with a singular objective: to support the charitable mission and activities of Achieve Services Inc., a non-profit organization. Achieve Services Inc. provides employment, social, and life skills training for adults with developmental disabilities. Although Achieve Services Inc. did not engage in any activities in 2021, its programs continue to serve as a means to uphold the endowment's purpose. The primary role of Achieve Services Endowment Inc. is to financially sustain the initiatives and services offered by Achieve Services Inc., thereby empowering individuals with developmental disabilities.
Who is the CEO of Achieve Services Endowment Inc?
Thomas Weaver is the President of Achieve Services Endowment Inc.
What is the revenue of Achieve Services Endowment Inc?
Achieve Services Endowment Inc's revenue in 2022 was $32,300.
Who are the executives of Achieve Services Endowment Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Achieve Services Endowment Inc?
Achieve Services Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Achieve Services Endowment Inc
Achieve Services Endowment, Inc. is a dedicated organization that focuses on nurturing and managing its assets primarily for the purpose of bolstering the charitable mission and activities of Achieve Services, Inc. This latter entity is a 501(c)(3) organization, renowned for its commitment to providing employment, social, and life skills training for adults with developmental disabilities. By managing its assets effectively, Achieve Services Endowment, Inc. aims to contribute significantly to the noble cause of Achieve Services, Inc. Despite no recorded activities in 2021, the endowment continues to support the overall mission of Achieve Services, Inc., which is to empower individuals with developmental disabilities, thereby enhancing their quality of life.
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Impact
August, 2024
Achieve Services Endowment Inc's impact is centered around supporting the charitable mission and activities of Achieve Services, Inc. This support provides vital employment, social, and life skills training opportunities for adults with developmental disabilities. By growing and managing its assets for this purpose, Achieve Services Endowment ensures the sustainability and expansion of these essential programs, making a meaningful difference in the lives of individuals with developmental disabilities in the Blaine, MN community.
This information is meant to be a general summary of Achieve Services Endowment 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: $32,300
- Gross Receipts: $32,300
Assets and Liabilities:
- Total Assets: $818,687
- Total Liabilities: $0
- Net Assets: $818,687
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Organization Details
Founding Year
2018
Phone
(763) 783-4910Principal Officer
Thomas Weaver
Main Address
1201 89TH AVE NE 105, BLAINE, MN, 55434
NTEE Category
Code: T11 - Philanthropy
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