Overview
What is Wood-N-Hearts?
Wood-N-Hearts is a small, compassionate nonprofit organization located in Glenwood, Minnesota. With a single dedicated employee, their mission is to provide essential furniture items to veterans who have been displaced and are in need of assistance. The organization firmly believes in supporting those who have served our country and recognizes the importance of providing veterans with a comfortable living space. By offering a nice bed to sleep in and a place to store their belongings, Wood-N-Hearts aims to show veterans that they are cared for and valued. The organization receives donations to fund its mission.
Official website here: www.woodnhearts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Wood-N-Hearts has earned a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The overall score is derived entirely from the Accountability & Finance beacon, where the charity scored well with a total of 76%. This suggests that while there are some areas for improvement, the organization demonstrates a solid commitment to financial responsibility.
One of the notable strengths of Wood-N-Hearts is its fully independent board, which consists of 10 out of 10 independent members. The organization also has a good track record regarding asset management, with no reported material diversion of assets. Furthermore, the program expense ratio stands at 75.41%, indicating that a significant majority of its expenditures are directed toward its programs.
However, there are some limitations in the policies and governance practices of Wood-N-Hearts. Specifically, the charity lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Addressing these gaps could enhance the transparency and governance of the organization. Overall, while Wood-N-Hearts performs well in finance and accountability, focusing on these policy areas could bolster its standing further.
This AI summary has been generated from information found on Charity Navigator.
Is Wood-N-Hearts legitimate?
Wood-N-Hearts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wood-N-Hearts 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: $10,560
For more financial information, click here
Official website here: www.woodnhearts.com
What is the mission statement of Wood-N-Hearts?
Wood-N-Hearts, as an organization, is committed to providing furniture to veterans who have been displaced and are in need of assistance. This mission is shared by all, recognizing the duty to offer support to individuals who have served their country. The provision of a comfortable bed and a place to store clothes is more than just a material assistance; it serves as a reminder that the veterans are cared for and valued. Wood-N-Hearts collects donations to fund this mission, aiming to make a significant difference in the lives of these individuals.
Official website here: www.woodnhearts.com
Who is the CEO of Wood-N-Hearts?
Mark Schuler is the Director of Wood-N-Hearts.
Official website here: www.woodnhearts.com
What is the revenue of Wood-N-Hearts?
Wood-N-Hearts's revenue in 2022 was $91,388.
Official website here: www.woodnhearts.com
Who are the executives of Wood-N-Hearts and what are their salaries?
The average compensation at Wood-N-Hearts during 2022 was $10,560. There is 1 employee at Wood-N-Hearts.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.woodnhearts.com
Where can I find the form 990 for Wood-N-Hearts?
Wood-N-Hearts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.woodnhearts.com
Learn more at the official website: www.woodnhearts.com
Mission Statement of Wood-N-Hearts
Wood-N-Hearts, a nonprofit organization, is dedicated to providing essential furniture items to veterans who have been displaced and find themselves in need of assistance. The mission of Wood-N-Hearts is rooted in the belief that every individual who has served our country deserves the necessary support when faced with such challenges. By offering veterans a comfortable bed to sleep in and a place to store their belongings, the organization strives to convey that they are valued and cared for. This simple act of providing furniture can significantly improve a veteran's living conditions and help them feel more at ease during a difficult time. Wood-N-Hearts believes that every donation received for their mission plays a crucial role in fulfilling their goal of supporting our nation's heroes in need.
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Impact
October, 2024
Wood-N-Hearts plays a crucial role in supporting veterans who are facing displacement and need assistance. By providing essential furniture items, the organization helps ensure that these individuals have a comfortable and stable living environment. A nice bed and adequate storage for clothing not only enhance their day-to-day life but also contribute significantly to their sense of dignity and belonging.
Through its mission, Wood-N-Hearts reinforces the collective responsibility to honor and care for those who have served the country. This initiative fosters a supportive community that acknowledges the sacrifices made by veterans. The impact of Wood-N-Hearts extends beyond physical items; it instills hope and shows that society values and cares for its veterans. The contributions received enable this important work, demonstrating a commitment to uplifting those who have faced significant challenges after their service.
This information is meant to be a general summary of Wood-N-Hearts. 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.
- Gross Receipts: $127,208
Assets and Liabilities:
- Total Assets: $129,635
- Total Liabilities: $0
- Net Assets: $129,635
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Organization Details
Founding Year
2019
Phone
(209) 352-0174Principal Officer
Mark Schuler
Main Address
20849 S LAKESHORE DR, GLENWOOD, MN, 56334
Website
www.woodnhearts.comNTEE Category
Code: L99 - Housing
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