Overview
What is Sequel Inc?
Sequel Inc, based in Rapid City, South Dakota, is a nonprofit organization with a vision to empower elders to gracefully navigate their later years. Their primary focus is to support caregivers dealing with dementia, offering regular support groups, direct care management, and serving as a local resource for healthcare providers. Sequel also provides educational stress management programs for both caregivers and the professional community. Additionally, Sequel intends to establish an Elder Angel Fund, aiming to alleviate financial burdens for vulnerable seniors by bridging gaps in necessary expenses such as medication co-pays, durable medical equipment, and food. With a strong commitment to improving the lives of the elderly, Sequel Inc coordinates community services to make a positive impact.
Official website here: www.sequelincorporated.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%
Sequel Inc has received a low score of 43%, which results in a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization's accountability and financial management. While it does have a fully independent board and has been transparent in some areas, such as its conflict of interest policy and board meeting minutes, it falls short in critical governance areas.
Specific weaknesses include the absence of a whistleblower policy and a document retention policy, both of which are important for transparency and accountability. Additionally, the nonprofit has not posted its tax form on its website, which is a standard practice that promotes trust and openness with donors and the community. The program expense ratio also raises concerns, indicating a relatively low percentage of funds directed toward programs compared to other expenses.
Overall, while Sequel Inc demonstrates strengths in governance through its independent board structure, the lack of key policies and transparency practices highlights areas needing improvement. Donors and stakeholders should carefully consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sequel Inc legitimate?
Sequel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sequel 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: $26,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sequelincorporated.org
What is the mission statement of Sequel Inc?
Sequel Inc's mission is centered around improving the lives of elderly individuals. The organization aims to support them during the next chapter of their lives by coordinating community services. To achieve this, Sequel Inc has planned two programs. The first is a Caregiver Support Program, which includes regular support groups, direct care management, and serving as a local resource for caregivers dealing with dementia. They also plan to reach out to healthcare providers to provide them with a resource for ongoing patient support. The second program is the Elder Angel Fund, which aims to bridge financial gaps for vulnerable seniors. This fund will provide grants to at-risk seniors for specific needs such as medication co-pays, durable medical equipment, food, household goods, or transportation, ensuring they don't have to make tough choices between basic necessities.
Official website here: www.sequelincorporated.org
Who is the CEO of Sequel Inc?
Kathy Miller is the Chief Dev Of of Sequel Inc.
Official website here: www.sequelincorporated.org
What is the revenue of Sequel Inc?
Sequel Inc's revenue in 2022 was $94,268.
Official website here: www.sequelincorporated.org
Who are the executives of Sequel Inc and what are their salaries?
The average compensation at Sequel Inc during 2022 was $26,400. There is 1 employee and 8 volunteers at Sequel Inc.
Here are 9 key members and their salaries:
- Compensation: $26,400
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Official website here: www.sequelincorporated.org
Where can I find the form 990 for Sequel Inc?
Sequel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sequelincorporated.org
Learn more at the official website: www.sequelincorporated.org
Mission Statement of Sequel Inc
Sequel Inc, a nonprofit organization, is committed to impacting the lives of elders by supporting their next chapter of life through the coordination of community services. The mission of Sequel Inc is to empower elders to gracefully live this new phase of their lives. Although operational plans are still being developed, Sequel Inc has two anticipated programs.
The first program is the Caregiver Support Program. Sequel Inc aims to offer regular caregiver support groups, direct care management, and serve as a local resource for caregivers navigating dementia with a loved one. The organization will also provide educational stress management programs for both caregivers and the professional community. Sequel Inc will serve as a safe and welcoming place for caregivers to bring their loved ones, fostering community and engagement with resources and assistance.
The second program is the Elder Angel Fund. Sequel Inc will establish a fund to help bridge the financial gap for vulnerable seniors. At-risk seniors, many of whom live on a tight fixed income, often struggle to cover necessary medication co-pays, durable medical equipment, food, household goods, or transportation. Sequel Inc will implement an application process for eligible seniors to access a specified grant amount for a specific need. The organization believes that seniors should not have to choose between essentials like food and medication, and the Elder Angel Fund aims to alleviate this situation.
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Impact
October, 2024
Sequel Inc significantly enhances the lives of elders in Rapid City by providing essential support services that empower them to navigate the challenges of aging. Through the anticipated Caregiver Support Program, the organization will establish a network of regular caregiver support groups, direct care management, and extensive outreach to local healthcare providers. This initiative creates a vital resource for families grappling with the complexities of dementia care, offering a safe space for caregivers to gather, share experiences, and access educational programs focused on stress management.
Additionally, Sequel Inc's Elder Angel Fund is set to play a crucial role in alleviating financial burdens for at-risk seniors. By providing grants to cover necessary expenses such as medication co-pays, durable medical equipment, and daily living necessities, the fund aims to ensure that vulnerable seniors do not have to face difficult trade-offs between essential needs. Sequel Inc's commitment to bridging this financial gap supports their mission to enable elders to live their next chapter with grace and dignity, fostering a community where seniors feel valued and supported.
This information is meant to be a general summary of Sequel 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: -$20,932
- Gross Receipts: $132,485
Assets and Liabilities:
- Total Assets: $1,120,269
- Total Liabilities: $9,319
- Net Assets: $1,110,950
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Organization Details
Founding Year
2020
Phone
(605) 721-4383Principal Officer
Kathy Miller
Main Address
318 MOUNT RUSHMORE RD STE C, RAPID CITY, SD, 57701
Website
www.sequelincorporated.orgNTEE Category
Code: P20 - Human services
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