Overview
What is Beloved Asheville?
Beloved Asheville is a compassionate nonprofit organization based in Asheville, North Carolina. With a strong commitment to supporting the vulnerable population in the community, their mission is rooted in fostering a transformative lifestyle that encompasses community, creativity, and equity. They bring together individuals from diverse backgrounds to develop innovative solutions to pressing issues such as racism, systemic inequalities, housing and food insecurity, poverty, and healthcare disparities. Although the specifics of their charitable activities are not detailed, their mission statement suggests they engage in community-driven projects aimed at addressing these challenges. The organization is managed by a team of five dedicated individuals.
Official website here: www.belovedasheville.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)
Beloved Asheville has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 69%. The organization demonstrates strong governance with a fully independent board, scoring 100% for majority independent board members. Additionally, they have effectively maintained a low liabilities to assets ratio at 16.07% and an impressive program expense ratio of 80.17%, indicating a significant portion of their spending goes directly to their programs.
Despite these strengths, there are notable weaknesses in the organization's accountability and finance practices. Beloved Asheville lacks essential financial statements and has not established critical policies such as a conflict of interest policy, whistleblower policy, or document retention and destruction policy. Moreover, their tax form is not available on their website, which affects transparency and accountability to stakeholders.
Overall, while Beloved Asheville is making strides in certain areas, the missing financial documentation and policies indicate room for improvement in governance and transparency. Addressing these gaps could enhance their rating and build greater trust with donors and the community they serve.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Beloved Asheville?
98% of 65 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many individuals express appreciation for Beloved Asheville, highlighting its commitment to serving underserved populations in the community. Reviewers commend the organization's efforts and express hope for its continued growth and support in fulfilling its mission.
Overall, the sentiment towards Beloved Asheville is overwhelmingly positive, with the community recognizing the impact the nonprofit has on those in need. The consistent support suggests a strong belief in the organization's values and effectiveness.
This AI summary has been generated from reviews found on Facebook.
Is Beloved Asheville legitimate?
Beloved Asheville is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beloved Asheville 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: $117,820
For more financial information, click here
Official website here: www.belovedasheville.com
What is the mission statement of Beloved Asheville?
Beloved Asheville's mission is centered around fostering a transformative lifestyle rooted in community, creativity, and equity. They aim to bring together individuals from diverse backgrounds to develop innovative solutions to pressing societal issues, such as racism, systemic inequalities, housing and food insecurity, poverty, and healthcare disparities. Their mission is to cultivate a collective effort to address these challenges on a local, regional, and global scale.
Official website here: www.belovedasheville.com
Who is the CEO of Beloved Asheville?
Michelle Capell is the Director of Beloved Asheville.
Official website here: www.belovedasheville.com
What is the revenue of Beloved Asheville?
Beloved Asheville's revenue in 2022 was $1,108,277.
Official website here: www.belovedasheville.com
Who are the executives of Beloved Asheville and what are their salaries?
The average compensation at Beloved Asheville during 2022 was $23,564. There are 5 employees and 700 volunteers at Beloved Asheville.
Here are 7 key members and their salaries:
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Official website here: www.belovedasheville.com
Where can I find the form 990 for Beloved Asheville?
Beloved Asheville's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.belovedasheville.com
Learn more at the official website: www.belovedasheville.com
Mission Statement of Beloved Asheville
Beloved Asheville, as an organization, is dedicated to fostering a transformative way of life that is grounded in community, creativity, and equity. They aim to unite individuals from diverse backgrounds, collaboratively developing innovative solutions to tackle some of the most pressing challenges faced by their city, region, and the world at large. These challenges include systemic inequalities and racism, housing and food insecurity, poverty, and healthcare disparities. By bringing people together, Beloved Asheville seeks to cultivate a more equitable and inclusive society.
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Impact
July, 2024
Beloved Asheville's impact is profound in the community, addressing critical issues such as racism, systemic inequities, housing and food insecurity, poverty, and healthcare inequalities. Through its mission of cultivating a transformational way of life rooted in community, creativity, and equity, Beloved Asheville brings together individuals from diverse backgrounds to create innovative solutions to these pressing challenges. By providing charitable support to the vulnerable population in Asheville, Beloved Asheville plays a vital role in fostering social change and addressing the most pressing needs of the community.
This information is meant to be a general summary of Beloved Asheville. 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: $226
- Gross Receipts: $1,108,277
Assets and Liabilities:
- Total Assets: $3,208,194
- Total Liabilities: $516,091
- Net Assets: $2,692,103
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Organization Details
Founding Year
2019
Phone
(828) 412-2054Principal Officer
Michelle Capell
Main Address
PO BOX 6386, ASHEVILLE, NC, 28816
Website
www.belovedasheville.comNTEE Category
Code: L20 - Housing
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