Overview
What is Ea Resources Inc Bens Place?
Ea Resources Inc Bens Place is a nonprofit organization situated in Morganfield, Kentucky, with a focus on providing an alternative to long-term care. Their primary objective is to enhance the quality of life for their community members. With a small team of 12 employees, they strive to achieve this mission, aiming to offer a more fulfilling living experience rather than relying on long-term care facilities. The organization's exact activities or services are not specified in the provided information, but it can be inferred that they may offer support, resources, or programs to facilitate this objective.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars, Needs Improvement (67%)
Ea Resources Inc Bens Place has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement, particularly in transparency and financial reporting. While it has a solid program expense ratio of 93.41%, which suggests that the majority of funds are directed towards its programs, the lack of financial statements and essential governance policies has contributed to its overall low rating.
The organization benefits from having a fully independent board, with 100% of its members being independent. Additionally, there are no noted material diversions of assets, reflecting a level of accountability that is commendable. However, the absence of critical documents like financial statements, conflict of interest policies, and a whistleblower policy raises concerns about its governance and operational transparency.
Overall, while the organization demonstrates effective program spending and governance structure, its deficiencies in financial transparency and missing policies indicate areas that require significant enhancement. Addressing these issues could improve its rating and build greater confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ea Resources Inc Bens Place legitimate?
Ea Resources Inc Bens Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ea Resources Inc Bens Place 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: $208,144
For more financial information, click here
What is the mission statement of Ea Resources Inc Bens Place?
Ea Resources Inc, located at Bens Place, has a mission to offer an alternative to long-term care. Their primary objective is to enhance the quality of life for the individuals they serve. Their mission is centered around providing a viable solution to the needs of those seeking an alternative to long-term care, with a focus on improving their overall well-being. The organization strives to contribute positively to the lives of its beneficiaries by offering an alternative living arrangement that prioritizes their quality of life.
Who is the CEO of Ea Resources Inc Bens Place?
Mary Jo Adams is the President of Ea Resources Inc Bens Place.
What is the revenue of Ea Resources Inc Bens Place?
Ea Resources Inc Bens Place's revenue in 2022 was $587,348.
Who are the executives of Ea Resources Inc Bens Place and what are their salaries?
The average compensation at Ea Resources Inc Bens Place during 2022 was $17,345. There are 12 employees and 2 volunteers at Ea Resources Inc Bens Place.
Here are 9 key members and their salaries:
- Compensation: $27,040
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ea Resources Inc Bens Place?
Ea Resources Inc Bens Place's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ea Resources Inc Bens Place
Ea Resources Inc Bens Place, as a nonprofit organization, is dedicated to providing an alternative to long-term care. Their primary objective is to enhance the quality of life for their citizens. In simpler terms, they strive to improve the lives of those they serve by offering an alternative to long-term care settings. This mission aims to provide a higher quality of life, suggesting that they focus on holistic care and personal growth for their clients.
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Impact
July, 2024
Ea Resources Inc Bens Place has a significant impact on the community by providing an alternate to long-term care for individuals in need. Their primary objective is to enhance the quality of life for citizens in Morganfield, KY. Through their human services, they make a positive difference in the lives of those they serve, offering support and care to improve their overall well-being.
This information is meant to be a general summary of Ea Resources Inc Bens Place. 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: $16,099
- Program Service Revenue: $492,997
- Gross Receipts: $628,918
Assets and Liabilities:
- Total Assets: $1,190,769
- Total Liabilities: $71,360
- Net Assets: $1,119,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$492,997
Organization Details
Phone
(270) 389-2424Principal Officer
Mary Jo Adams
Main Address
1395 US HIGHWAY 60W, MORGANFIELD, KY, 42437
NTEE Category
Code: P81 - Human services
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