Overview
What is Morgantown Community Resources?
Morgantown Community Resources (MCR) is a nonprofit organization with a mission to uplift the Morgantown, West Virginia area. Located in Morgantown, they aim to promote social welfare by fostering better communication, collaboration, and coordination among local charities. Their primary objective is to establish a centralized facility, housing various social service agencies that cater to vulnerable populations. Initially, the focus will be on providing shelter for the homeless, feeding programs, and a sobriety center. As the organization grows, it intends to incorporate addiction support groups, character-building programs, employment services, and partnerships with other nonprofit organizations targeting individuals experiencing homelessness and substance abuse issues.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
Morgantown Community Resources has received a "Needs Improvement" rating from Charity Navigator, reflecting challenges in certain governance and transparency aspects despite a strong performance in accountability and finance. The organization scored exceptionally well in areas such as independent board member composition and financial ratios, indicating a solid foundation in these critical areas. However, the lack of financial statements and essential policies negatively impacted their overall rating.
While the organization excels with a program expense ratio of over 83%, suggesting that a significant portion of its funds is directed towards its programs, it falls short in transparency metrics. The absence of a conflict of interest policy, whistleblower policy, and documented retention practices raises concerns about governance practices. These deficiencies may hinder stakeholder confidence and could affect potential donor considerations.
Overall, while Morgantown Community Resources demonstrates effective program execution and financial accountability, improvements in transparency and governance policies are necessary for enhancing its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Morgantown Community Resources legitimate?
Morgantown Community Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgantown Community Resources 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:
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What is the mission statement of Morgantown Community Resources?
Morgantown Community Resources, a non-profit organization, aims to enhance the social welfare of its community by fostering better communication, collaboration, and coordination among local charities. It achieves this by offering affordable space where various charities can base their operations. The primary focus is initially on providing shelter for the homeless, feeding programs, and a sobriety center. The organization intends to expand its services to include addiction support groups, character-building programs, employment services, and partnerships with other non-profits that directly assist individuals struggling with homelessness and substance abuse disorders.
Who is the CEO of Morgantown Community Resources?
David Goldberg is the President of Morgantown Community Resources.
What is the revenue of Morgantown Community Resources?
Morgantown Community Resources's revenue in 2022 was $555,996.
Who are the executives of Morgantown Community Resources and what are their salaries?
There 7 volunteers at Morgantown Community Resources.
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Where can I find the form 990 for Morgantown Community Resources?
Morgantown Community Resources's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Morgantown Community Resources
Morgantown Community Resources, a non-profit organization, is dedicated to enhancing the social welfare of the community by fostering better communication, collaboration, and coordination among local charities. They achieve this by offering affordable space for various charities to establish and operate their initiatives. The primary focus of Morgantown Community Resources is to provide a centralized facility for charities serving the most vulnerable populations, initially emphasizing shelter for the homeless, feeding programs, and a sobriety center.
In addition to this, Morgantown Community Resources aims to expand its services to include addiction support groups, character building programs, employment services, and partnerships with other non-profit organizations that directly address and assist individuals suffering from homelessness and/or substance abuse disorder. By providing a comprehensive range of services, Morgantown Community Resources aims to create a supportive environment that helps these individuals rebuild their lives and reintegrate into society.
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Impact
July, 2024
Morgantown Community Resources has a significant impact on the local community by providing affordable space for social service agencies to house and serve vulnerable populations in Morgantown, Monongalia County, and neighboring areas. Through its centralized facility, MCR enhances inter-charity communication, collaboration, and coordination, ultimately improving the efficiency and effectiveness of various charitable organizations. This enables a range of crucial services to be provided, including shelter for the homeless, feeding programs, sobriety support, addiction assistance, character building programs, employment services, and partnerships with other nonprofits. In essence, Morgantown Community Resources plays a vital role in addressing homelessness and substance abuse disorder while fostering a more supportive and connected community.
This information is meant to be a general summary of Morgantown Community Resources. 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: $191,849
- Gross Receipts: $555,996
Assets and Liabilities:
- Total Assets: $11,023,947
- Total Liabilities: $1,210,126
- Net Assets: $9,813,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OCCUPANCY INCOME
Revenue
$191,849
Organization Details
Founding Year
2019
Phone
(304) 413-0094Principal Officer
David Goldberg
Main Address
PO BOX 1028, MORGANTOWN, WV, 26531
NTEE Category
Code: W99 - Public benefit
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