Overview
What is Stoddard Baptist Home Foundation Inc?
Stoddard Baptist Home Foundation Inc, headquartered at 1818 Newton Street NW, Washington, DC 20010, is a nonprofit organization with a noble mission. Established for charitable, scientific, literary, and educational purposes, its primary objective is to oversee the provision of nursing home and assisted living services. The organization manages three facilities: Stoddard Baptist Home, Presidential Care, and Stoddard Baptist Global Care, all committed to offering comprehensive care and support to their residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Stoddard Baptist Home Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The foundation's overall score is 90%, indicating a high level of transparency and responsible financial management. This rating is solely based on the Accountability & Finance Beacon, emphasizing the organization’s commitment to fiscal responsibility.
The foundation showcases significant strengths in its governance structure, with 100% independent board members, which ensures unbiased oversight. Their financial practices are solid, as evidenced by a low liabilities to assets ratio of 0.07%, indicating a healthy financial position. Additionally, the organization excels in program expense efficiency, dedicating approximately 85.69% of its expenses directly to its programs, which highlights its commitment to maximizing donor impact.
While the foundation demonstrates robust governance and financial practices, it's important for potential donors and supporters to consider ongoing evaluations of program effectiveness and community impact. However, based on the financial metrics and governance structure provided, Stoddard Baptist Home Foundation Inc stands out as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Stoddard Baptist Home Foundation Inc legitimate?
Stoddard Baptist Home Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stoddard Baptist Home Foundation 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: $228,276
For more financial information, click here
What is the mission statement of Stoddard Baptist Home Foundation Inc?
Stoddard Baptist Home Foundation Inc is established with a mission to serve charitable, scientific, literary, and educational purposes. The primary objective of the organization is to facilitate the provision of nursing home and assisted living services. By operating in this capacity, the foundation aims to contribute positively to the well-being of individuals in need of such care services. The corporation manages various facilities, including Stoddard Baptist Home, Presidential Care, and Stoddard Baptist Global Care, to provide these essential services.
Who is the CEO of Stoddard Baptist Home Foundation Inc?
Mahesh Tyagi is the Cfo of Stoddard Baptist Home Foundation Inc. The CEO's salary of Stoddard Baptist Home Foundation Inc is $0 and their total compensation is $404,652.
What is the revenue of Stoddard Baptist Home Foundation Inc?
Stoddard Baptist Home Foundation Inc's revenue in 2022 was $3,011,706.
Who are the executives of Stoddard Baptist Home Foundation Inc and what are their salaries?
Here are 10 key members and their salaries (Stoddard Baptist Home Foundation Inc's CEO's salary is $0 and their total compensation is $404,652):
- Compensation: $0
- Related: $399,852
- Other: $4,800
- Compensation: $0
- Related: $387,860
- Other: $3,600
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Stoddard Baptist Home Foundation Inc?
Stoddard Baptist Home Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stoddard Baptist Home Foundation Inc
Stoddard Baptist Home Foundation Inc, as a charitable organization, is dedicated to serving a noble purpose. Its mission is centered around facilitating the provision of nursing home and assisted living services. This mission is carried out with a focus on four key areas: charitable, scientific, literary, and educational pursuits. The organization operates with the primary objective of making a positive impact in these sectors, ultimately aiming to enhance the quality of life for those in need of nursing home and assisted living services.
The Stoddard Baptist Home Foundation Inc manages several facilities to accomplish its mission. These include the Stoddard Baptist Home, Presidential Care, and Stoddard Baptist Global Care. Each of these facilities is designed to provide a nurturing environment for individuals requiring nursing home or assisted living services. The organization's work is rooted in the belief that everyone deserves access to quality care, regardless of their circumstances. By focusing on these areas, Stoddard Baptist Home Foundation Inc seeks to contribute to the well-being of its community and beyond, playing a vital role in improving the lives of those who rely on its services.
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Impact
July, 2024
Stoddard Baptist Home Foundation Inc's impact lies in providing essential nursing home and assisted living services to those in need. Through their facilities such as Stoddard Baptist Home, Presidential Care, and Stoddard Baptist Global Care, they offer crucial care and support for individuals requiring specialized assistance. By focusing on charitable, scientific, literary, and educational purposes, the organization positively impacts the lives of residents and their families by ensuring they have access to quality housing and healthcare services.
This information is meant to be a general summary of Stoddard Baptist Home Foundation 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: $15,500
- Gross Receipts: $3,415,637
Assets and Liabilities:
- Total Assets: $17,123,935
- Total Liabilities: $12,864
- Net Assets: $17,111,071
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Organization Details
Founding Year
2008
Phone
(202) 328-7400Principal Officer
Mahesh Tyagi
Main Address
1818 Newton Street NW, Washington, DC, 20010
NTEE Category
Code: L22 - Housing
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