Overview
What is Safe Watch Inc?
Safe Watch Inc, located at 815 Garden Park Road, Canon City, CO 81212, is a nonprofit organization dedicated to improving the health and safety of vulnerable individuals such as the ill, infirmed, handicapped, and the elderly. By offering an electronic home monitoring service, they aim to help these individuals extend their time at home instead of residing in assisted living or long-term care facilities. Their mission is to provide home care and medical alert services, ensuring peace of mind for their clients. The organization's operations are structured in a way that the benefits are not distributed to its members, officers, directors, or private individuals, except for reasonable compensation for services rendered. Safe Watch Inc currently employs 109 individuals, working towards their goal of supporting the community.
Official website here: www.safewatchhomecare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Safe Watch Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The rating is based solely on the Accountability & Finance score, which is relatively low at 54%. This suggests potential issues with transparency and governance, as indicated by several areas where the organization scored zero, such as the absence of independent board members and a conflict of interest policy.
Despite these concerns, Safe Watch Inc demonstrates a strong commitment to its programs, as reflected in a high program expense ratio of 99.98%. This indicates that nearly all of its expenditures are directed toward its mission-related activities, suggesting effective use of resources in delivering services. However, the lack of financial oversight and governance practices raises questions about the organization's long-term sustainability and ethical management.
Overall, while Safe Watch Inc shows promise in terms of program funding, the critical gaps in accountability mechanisms could hinder its effectiveness and trustworthiness. Potential donors and stakeholders may want to consider these factors seriously before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Safe Watch Inc legitimate?
Safe Watch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Safe Watch 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: $187,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $913,741
For more financial information, click here
Official website here: www.safewatchhomecare.com
What is the mission statement of Safe Watch Inc?
Safe Watch Inc's mission is centered around providing support for the ill, infirm, handicapped, and elderly individuals in their communities. Through their activities, they aim to enhance their clients' health and safety by offering an electronic home monitoring and home care service. This service aims to offer peace of mind, enabling these individuals to extend their time at home instead of residing in assisted living or long-term care facilities. The corporation's operations are structured such that no profits are distributed to its members, officers, directors, or private individuals, beyond reasonable compensation for services rendered. The primary objective is to support the welfare of those in need, aligning with the set purpose outlined in their Articles of Corporation and Bylaws.
Official website here: www.safewatchhomecare.com
Who is the CEO of Safe Watch Inc?
Wayne Stock is the Secretay/Treasurer of Safe Watch Inc.
Official website here: www.safewatchhomecare.com
What is the revenue of Safe Watch Inc?
Safe Watch Inc's revenue in 2022 was $2,196,330.
Official website here: www.safewatchhomecare.com
Who are the executives of Safe Watch Inc and what are their salaries?
The average compensation at Safe Watch Inc during 2022 was $10,104. There are 109 employees at Safe Watch Inc.
Here are 6 key members and their salaries:
- Compensation: $59,363
- Related: $0
- Other: $0
- Compensation: $38,622
- Related: $0
- Other: $0
- Compensation: $2,013
- Related: $0
- Other: $0
- Compensation: $7,083
- Related: $0
- Other: $0
- Compensation: $51,994
- Related: $0
- Other: $0
- Compensation: $28,411
- Related: $0
- Other: $0
Official website here: www.safewatchhomecare.com
Where can I find the form 990 for Safe Watch Inc?
Safe Watch Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.safewatchhomecare.com
Learn more at the official website: www.safewatchhomecare.com
Mission Statement of Safe Watch Inc
Safe Watch Inc is a nonprofit organization dedicated to promoting the health and safety of individuals who are ill, infirmed, handicapped, or elderly. Its mission is to achieve this by providing an electronic home monitoring and home care service. This service aims to provide peace of mind for these individuals, enabling them to extend their stay in their own homes rather than moving to assisted living or long-term care facilities. Safe Watch Inc operates under the principle that no part of its net earnings should benefit its members, officers, directors, or private individuals, apart from reasonable compensation for services rendered. The organization's purpose is to support the well-being of the specified individuals and help them maintain their independence in their own homes for as long as possible.
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Impact
July, 2024
Safe Watch Inc's impact can be seen in the promotion of health and safety for the ill, infirmed, handicapped, and elderly individuals in their community. By providing electronic home monitoring and home care services, they facilitate peace of mind and enable individuals to stay in their homes longer, rather than having to move to assisted living or long-term care facilities. This organization's dedication to supporting the well-being and independence of vulnerable populations is evident in their mission to provide essential services for those in need.
This information is meant to be a general summary of Safe Watch 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: $617
- Program Service Revenue: $1,561,859
- Gross Receipts: $2,196,330
Assets and Liabilities:
- Total Assets: $1,510,248
- Total Liabilities: $54,722
- Net Assets: $1,455,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Home Care
Revenue
$1,561,859
Organization Details
Founding Year
2001
Phone
(719) 276-1105Principal Officer
Wayne Stock
Main Address
815 Garden Park Road, Canon City, CO, 81212
Website
www.safewatchhomecare.comNTEE Category
Code: P80 - Human services
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