Overview
What is A Meaningful Purpose Inc?
A Meaningful Purpose Inc, situated in Margate City, New Jersey, is a unique nonprofit organization that operates as a self-sustaining and regenerative farm. The farm's primary focus is on growing organic fruits and vegetables, which are sold through a farm stand. Beyond agriculture, this community-centric organization functions as an animal rescue, a gathering place for various community events, a site for a Montessori pre-school, and a sanctuary for artists. The farm's diverse programs aim to foster a sustainable and regenerative environment, enhancing the well-being of the community and its residents.
Official website here: www.reedsorganicfarm.org
What are the reviews and ratings of this charity?
79% rating from Charity Navigator, earning A Meaningful Purpose Inc a Three-Star out of Four Star rating, indicates a solid performance in accountability and finance. The organization's high score of 93% in this category showcases its strong financial health and governance, with all board members being independent and no material diversion of assets noted.
The accountability metrics highlight several strengths, including a program expense ratio of over 90%, which suggests that a significant portion of its funding is directed towards its mission. However, the absence of a conflict of interest policy, whistleblower policy, and document retention protocol suggests areas for improvement in governance practices.
On the cultural and community front, A Meaningful Purpose Inc scores a perfect 100%, reflecting strong engagement with feedback collection and usage. This indicates a robust commitment to community involvement and responsiveness. Overall, while the organization excels in several key areas, addressing its governance shortcomings could further enhance its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is A Meaningful Purpose Inc legitimate?
A Meaningful Purpose Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Meaningful Purpose 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $551,784
For more financial information, click here
Official website here: www.reedsorganicfarm.org
What is the mission statement of A Meaningful Purpose Inc?
A Meaningful Purpose Inc is dedicated to operating a sustainable and regenerative farm, providing organic fruits and vegetables through a farm stand. The organization goes beyond agriculture, serving as an animal rescue, community center, and site for a Montessori pre-school. Additionally, it functions as an event venue and artist haven. The mission of A Meaningful Purpose Inc is to bring together various community aspects, fostering a holistic and enriching environment. Through its diverse programs, the farm aims to promote health and well-being while offering opportunities for learning and creativity.
Official website here: www.reedsorganicfarm.org
Who is the CEO of A Meaningful Purpose Inc?
Caroline S Till is the Chairman of A Meaningful Purpose Inc.
Official website here: www.reedsorganicfarm.org
What is the revenue of A Meaningful Purpose Inc?
A Meaningful Purpose Inc's revenue in 2022 was $1,623,849.
Official website here: www.reedsorganicfarm.org
Who are the executives of A Meaningful Purpose Inc and what are their salaries?
The average compensation at A Meaningful Purpose Inc during 2022 was $13,138. There are 42 employees at A Meaningful Purpose Inc.
Here are 6 key members and their salaries:
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Official website here: www.reedsorganicfarm.org
Where can I find the form 990 for A Meaningful Purpose Inc?
A Meaningful Purpose Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reedsorganicfarm.org
Learn more at the official website: www.reedsorganicfarm.org
Mission Statement of A Meaningful Purpose Inc
A Meaningful Purpose Inc is a dynamic organization with a mission to sustainably and regeneratively supply organic fruits and vegetables. This mission is brought to life through various programs and initiatives. At the heart of A Meaningful Purpose Inc is a farm that produces organic produce for the community. However, this is not just an ordinary farm. It functions as a farm stand, providing fresh and healthy produce to those in need.
Beyond agriculture, A Meaningful Purpose Inc also operates an animal rescue program. This endeavor allows the organization to provide shelter and care for animals in need. The community center is another crucial aspect of A Meaningful Purpose Inc's mission. It serves as a hub for various activities and initiatives, bringing people together and fostering a sense of connection.
Moreover, A Meaningful Purpose Inc is home to a Montessori pre-school. This educational institution offers young children a nurturing and stimulating learning environment. The organization also transforms into an event venue, hosting various gatherings and celebrations. Lastly, A Meaningful Purpose Inc serves as an artist haven, providing a space for creative individuals to express themselves and showcase their work.
Through these diverse programs and initiatives, A Meaningful Purpose Inc creates a sustainable and regenerative environment. It not only supplies organic produce but also contributes to the well-being of animals, the community, and the arts. By combining agriculture, animal rescue, education, events, and arts, A Meaningful Purpose Inc truly embodies a meaningful and purposeful organization.
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Impact
October, 2024
A Meaningful Purpose Inc has made a significant impact in Margate City, NJ, by establishing a multifaceted sustainable and regenerable farm. This initiative provides the community with access to fresh organic fruits and vegetables, contributing to healthier eating habits and supporting local agriculture. The farm stand serves as a vibrant gathering spot, fostering connections among community members.
In addition to its agricultural endeavors, A Meaningful Purpose operates an animal rescue, advocating for the welfare of animals and creating awareness about animal care. The community center aspect of the organization enhances social interaction and engagement, while the Montessori pre-school offers an enriching educational environment for young children, nurturing their development through hands-on learning experiences.
The venue also serves as a space for events and artistic expression, enriching the local culture and providing artists with a haven to showcase their talents. By combining these diverse functions, A Meaningful Purpose Inc not only meets essential community needs but also cultivates a sense of belonging and promotes sustainable living practices, making it an invaluable asset to the Margate City community.
This information is meant to be a general summary of A Meaningful Purpose 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.
- Program Service Revenue: $246,876
- Gross Receipts: $1,623,849
Assets and Liabilities:
- Total Assets: $1,368,291
- Total Liabilities: $11,144
- Net Assets: $1,357,147
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Organization Details
Founding Year
2020
Phone
(609) 457-6219Principal Officer
Caroline S Till
Main Address
9700 AMHERST AVENUE, MARGATE, NJ, 08402
Website
www.reedsorganicfarm.orgNTEE Category
Code: D20 - Animals
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