Overview
What is Matthew 25 House Inc?
Matthew 25 House Inc is a nonprofit organization located in Ames, Iowa, specifically at 330 South 2nd Street. Their mission is to provide a nurturing and supportive environment for former inmates, allowing them to develop both social and spiritual networks. By offering a warm and wholesome atmosphere, the organization aims to foster a positive lifestyle and instill positive values in its residents. Matthew 25 House Inc serves as a safe space for individuals transitioning from incarceration, providing them with the resources and environment necessary to rebuild their lives.
Official website here: www.matthew25house.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Matthew 25 House Inc has achieved a 76% score, which translates into a Three-Star rating, primarily based on its Accountability & Finance metrics. The organization demonstrates strong governance with a fully independent board, scored perfectly in several key areas such as independent board size and the absence of material asset diversion. It also maintains a favorable liabilities to assets ratio, indicating sound financial health.
However, the nonprofit has notable deficiencies, particularly in its governance policies. It lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are critical for transparency and accountability. Additionally, the organization does not provide board meeting minutes, which could limit stakeholder insight into decision-making processes.
Despite these limitations, Matthew 25 House Inc effectively allocates its resources, with a program expense ratio of 100%, suggesting that all funding is directed toward its mission. Overall, while the organization performs well in financial accountability, improvements in governance policies could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Matthew 25 House Inc legitimate?
Matthew 25 House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 25 House 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:
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Official website here: www.matthew25house.org
What is the mission statement of Matthew 25 House Inc?
Matthew 25 House Inc's mission is centered around providing a nurturing, Christian environment for former inmates. This environment aims to foster a supportive and positive lifestyle change for these individuals. By offering housing within a family-like setting, Matthew 25 House Inc encourages the development of both social and spiritual networks, aiming to help former inmates transition back into society with a fresh start. The organization's primary goal is to create an atmosphere that encourages personal growth and the adoption of positive values.
Official website here: www.matthew25house.org
Who is the CEO of Matthew 25 House Inc?
Kevin Geis is the Board President of Matthew 25 House Inc.
Official website here: www.matthew25house.org
What is the revenue of Matthew 25 House Inc?
Matthew 25 House Inc's revenue in 2022 was $78,798.
Official website here: www.matthew25house.org
Who are the executives of Matthew 25 House Inc and what are their salaries?
There 10 volunteers at Matthew 25 House Inc.
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Official website here: www.matthew25house.org
Where can I find the form 990 for Matthew 25 House Inc?
Matthew 25 House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.matthew25house.org
Learn more at the official website: www.matthew25house.org
Mission Statement of Matthew 25 House Inc
Matthew 25 House Inc strives to offer a nurturing and spiritual environment for former inmates. Their mission is to provide a welcoming and supportive atmosphere that encourages the development of positive values and lifestyles for these individuals. By offering a Christian family environment, Matthew 25 House Inc aims to help former inmates rebuild their lives and establish a strong network of social and spiritual support.
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Impact
August, 2024
Matthew 25 House Inc's impact is profound as it provides a crucial service to former inmates by offering them a supportive Christian family environment. By offering housing in such a setting, the organization helps these individuals in developing positive lifestyle choices and values. This nurturing atmosphere enables them to build social and spiritual networks, fostering their rehabilitation and reintegration into society. Through their mission, Matthew 25 House Inc contributes significantly to community improvement by positively impacting the lives of those who have been incarcerated.
This information is meant to be a general summary of Matthew 25 House 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: $1,101
- Program Service Revenue: $11,900
- Gross Receipts: $78,798
Assets and Liabilities:
- Total Assets: $328,598
- Total Liabilities: $350
- Net Assets: $328,248
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL FEES
Revenue
$11,900
Organization Details
Founding Year
2006
Phone
(515) 231-4385Principal Officer
Kevin Geis
Main Address
330 SOUTH 2ND STREET, AMES, IA, 50010
Website
www.matthew25house.orgNTEE Category
Code: S20 - Community improvement
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