Overview
What is Spektrum Health?
Spektrum Health is a nonprofit organization situated in Orlando, Florida, dedicated to bolstering the mental and physical well-being of LGBTQA+ individuals. They achieve this by offering high-standard comprehensive primary healthcare services. Through community collaborations, Spektrum Health fosters meaningful relationships, ensuring they cater to the unique needs of the LGBTQA+ community. Operating on a grant and private donation basis, Spektrum Health strives to enable its beneficiaries to attain their full health potential.
Official website here: www.spektrum.health
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, earning it a Two-Star out of Four Star rating.
Spektrum Health has received a Two-Star rating from Charity Navigator, indicating some concerns in its financial transparency despite strong governance practices. The organization boasts a fully independent board, which is a positive sign of accountability, and it has solid program expense ratios, suggesting that a significant portion of its budget goes toward its mission-related activities.
However, the nonprofit faces substantial limitations in financial transparency, as evidenced by missing financial statements and tax forms on its website. This lack of accessible financial information has impacted its overall score, suggesting that potential donors may find it challenging to assess the organization’s financial health fully. Furthermore, the liabilities to assets ratio is concerning, which raises questions about its financial stability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Spektrum Health legitimate?
Spektrum Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spektrum Health 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: $156,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $567,570
For more financial information, click here
Official website here: www.spektrum.health
What is the mission statement of Spektrum Health?
Spektrum Health is committed to providing high-quality comprehensive primary healthcare services for individuals identifying within the LGBTQA+ community. Their mission is to empower these individuals to attain their optimal mental and physical well-being. Spektrum Health achieves this by engaging with community organizations to establish trusting relationships and cater to the unique needs of the LGBTQA+ community. The organization operates as a non-profit entity, relying on grants and private donations for its funding.
Official website here: www.spektrum.health
Who is the CEO of Spektrum Health?
Joseph Knoll is the President of Spektrum Health.
Official website here: www.spektrum.health
What is the revenue of Spektrum Health?
Spektrum Health's revenue in 2023 was $2,208,471.
Official website here: www.spektrum.health
Who are the executives of Spektrum Health and what are their salaries?
The average compensation at Spektrum Health during 2023 was $42,583. There are 17 employees and 25 volunteers at Spektrum Health.
Here are 6 key members and their salaries:
- Compensation: $156,346
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.spektrum.health
Where can I find the form 990 for Spektrum Health?
Spektrum Health's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.spektrum.health
Learn more at the official website: www.spektrum.health
Mission Statement of Spektrum Health
Spektrum Health, a non-profit organization, is dedicated to delivering superior comprehensive primary healthcare services to individuals identifying within the LGBTQA+ community. Their mission is twofold: firstly, they aim to empower these individuals to attain their optimal mental and physical well-being. Secondly, they strive to foster relationships with community organizations, ensuring their efforts align with the unique needs of the LGBTQA+ community. Spektrum Health operates entirely on grants and private donations, demonstrating their commitment to serving this community without financial barriers.
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Impact
July, 2024
Spektrum Health's impact can be seen in the way it empowers LGBTQA+ individuals to achieve their peak mental and physical health goals. By providing top quality comprehensive primary healthcare options, Spektrum Health plays a crucial role in addressing the specific health needs of the LGBTQA+ community. Through its programs that include medical and mental health services, Spektrum Health is making a meaningful difference in the lives of individuals in Orlando, FL, and beyond. By engaging with community organizations for trusted relationships, Spektrum Health is able to meet the unique healthcare needs of the LGBTQA+ community and promote overall well-being.
This information is meant to be a general summary of Spektrum Health. 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: $2,002,021
- Gross Receipts: $2,231,542
Assets and Liabilities:
- Total Assets: $238,348
- Total Liabilities: $202,282
- Net Assets: $36,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Medical & Mental Health Services
Revenue
$2,002,021
Organization Details
Founding Year
2018
Phone
(407) 454-1363Principal Officer
Joseph Knoll
Main Address
5205 S Orange Ave Suite 110, Orlando, FL, 32809
Website
www.spektrum.healthNTEE Category
Code: E32 - Health
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