Overview
What is Grayson County Welfare Board Inc?
Grayson County Welfare Board Inc, located at 2607 N Loy Lake Road, Sherman, Texas 75090, is a nonprofit organization dedicated to serving the needs of children under the care of the Texas Department of Regulatory Services. Their primary mission is to ensure these children have essentials like clothing and other basic necessities. The organization's activities are centered around supporting these children in their care, aiming to improve their well-being and overall living conditions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Grayson County Welfare Board Inc has received a 73% rating from Charity Navigator, translating to a Two-Star rating. This score is based entirely on the Accountability & Finance beacon, which indicates that while the organization meets several good financial practices, there is room for improvement. The strong points include 100% independent board members and no material diversion of assets, which indicates a commitment to proper governance.
User feedback highlights the effectiveness of the organization in utilizing donations directly for supporting children in foster care. A board member described their involvement over five years, noting that all funds raised go directly to benefit the children, with the board covering operational costs. The organization actively provides essential resources and gifts for foster families, demonstrating a strong commitment to community support.
Overall, while the organization has notable strengths, such as a high program expense ratio of 95.11%, which indicates that the majority of funds are spent on programs rather than overhead, the two-star rating suggests potential areas for growth and transparency in operations. The feedback from users reflects a positive impact within the community, but further evaluation of the organization’s operational practices could enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Grayson County Welfare Board Inc legitimate?
Grayson County Welfare Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grayson County Welfare Board 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.
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What is the mission statement of Grayson County Welfare Board Inc?
The Grayson County Welfare Board Inc's mission is centered around caring for children under the supervision of the Texas Department of Regulatory Services. Their primary goal is to ensure these children's fundamental needs are met. Specifically, they provide essential items such as clothing and other necessary resources. Their operations extend beyond just meeting basic needs, as they are committed to offering support and care to these children in their custody.
Who is the CEO of Grayson County Welfare Board Inc?
Mark Teague is the President of Grayson County Welfare Board Inc.
What is the revenue of Grayson County Welfare Board Inc?
Grayson County Welfare Board Inc's revenue in 2022 was $51,230.
Who are the executives of Grayson County Welfare Board Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Grayson County Welfare Board Inc?
Grayson County Welfare Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grayson County Welfare Board Inc
Grayson County Welfare Board Inc, as a nonprofit organization, is dedicated to fulfilling a crucial mission. Its primary focus is on providing for children who are under the custody of the Texas Department of Regulatory Services. This mission extends beyond just providing a shelter or basic necessities. The organization goes the extra mile to cater to the children's basic needs, including clothing. This proactive approach ensures that these children, who find themselves in challenging circumstances, receive the necessary support to help them navigate through their situation. Grayson County Welfare Board Inc's mission is a testament to its commitment to the well-being and care of these children, providing them with the essentials they need to thrive.
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Impact
August, 2024
The impact of Grayson County Welfare Board Inc is significant as it directly addresses the needs of children in the custody of the Texas Department of Regulatory Services. By providing essential items such as clothes and basic necessities, the organization plays a crucial role in ensuring the well-being of these vulnerable children. Through its mission to support and care for these children, Grayson County Welfare Board Inc makes a positive difference in their lives and helps to improve outcomes for those in need.
This information is meant to be a general summary of Grayson County Welfare Board 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: $531
- Gross Receipts: $51,230
Assets and Liabilities:
- Total Assets: $168,395
- Total Liabilities: $0
- Net Assets: $168,395
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Organization Details
Founding Year
2000
Principal Officer
Mark Teague
Main Address
2607 N Loy Lake Road, Sherman, TX, 75090
NTEE Category
Code: P30 - Human services
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