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Acres Of Diamonds

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911684691 ✦ Duvall, WA ✦ Designated as a 501(c)(3)

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Overview

What is Acres Of Diamonds?

Acres of Diamonds is a nonprofit organization based in Du Vall, Washington, dedicated to providing support and transitional housing to homeless women aged between 18 and 40, with children ranging from newborns to 12 years old. These women have often experienced a traumatic upbringing, marked by unstable homes, abuse, addiction, and neglect, leading them to have spent much of their childhood in various foster homes, shelters, and relatives' houses. Many of these women are recovering addicts and victims of domestic violence, with mental health challenges. Acres of Diamonds' mission is to help these women break free from cycles of addiction, abuse, and homelessness, enabling them to become thriving, stable families. The organization offers supportive services to achieve this mission, with the aim of helping the women regain custody of their children from foster care and create lasting change for themselves and their offspring through a caring community.


Official website here: www.acresofdiamonds.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

Acres Of Diamonds has received a 77% rating from Charity Navigator, which translates to a Three-Star rating. This score is composed of various factors, highlighting its strengths in accountability and finance, where it scores 65%. The organization boasts a fully independent board, with 100% of its members being independent, and shows no material diversion of assets, indicating strong financial integrity.

Strengths include a well-structured governance framework, with policies for conflict of interest and whistleblowing in place, and a robust financial health profile, as evidenced by a low liabilities-to-assets ratio of 15.80% and a strong working capital ratio of 2.67 years. The fundraising efficiency is also notable, with only $0.22 spent to raise each dollar, demonstrating effective resource management.

However, the organization's program expense ratio stands at 54.47%, indicating that a significant portion of its funds is not allocated directly to its programs. This could be an area for improvement as it seeks to enhance its impact and measurement score, which is currently at 79%. Overall, Acres Of Diamonds shows promise in governance and financial practices while needing to focus on optimizing program expenditures.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Acres Of Diamonds?

100% of reviewers on Facebook recommend Acres of Diamonds. Here is a summary of their reviews:

The sentiment towards Acres of Diamonds is overwhelmingly positive, with users expressing strong support for the organization and its mission. Many consider the initiatives led by Acres of Diamonds to be impactful, particularly praising David’s leadership and vision in making a difference in the community.

Reviewers highlight the effectiveness of the programs and the dedication of those involved. This nonprofit appears to be making significant strides in its efforts, as many see it as a beacon of hope and opportunity for individuals seeking a better quality of life. Overall, supporters appreciate the positive changes being implemented and feel motivated by the work being done.


This AI summary has been generated from reviews found on Facebook.

Is Acres Of Diamonds legitimate?

Acres Of Diamonds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acres Of Diamonds 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: $118,419
Professional Fundraising Fees: $183,806
Other Salaries and Wages: $991,937

For more financial information, click here


Official website here: www.acresofdiamonds.org

What is the mission statement of Acres Of Diamonds?

Acres of Diamonds' mission is to bring about lasting change for homeless mothers and their children, fostering a caring community to help them break the cycles of addiction, abuse, and homelessness, enabling them to become thriving, stable families. The organization, unlike many transitional housing organizations, focuses on serving homeless women who have a particularly difficult personal history. Typically, the mothers they seek to help are homeless women aged 18-40 with children ranging from newborns to age 12. They currently have custody of their kids or are working to get them back from foster care. Many have grown up without a stable home or in a home where abuse, addiction, and neglect were common. They may have spent much of their childhood in and out of foster care, shelters, and relatives' homes. They are likely recovering addicts and have been referred to Acres by an inpatient rehabilitation provider. In most cases, they are victims of domestic violence, and they usually have mental health challenges.


Official website here: www.acresofdiamonds.org

Who is the CEO of Acres Of Diamonds?

Jennifer Paddock is the Executive Director of Acres Of Diamonds.


Official website here: www.acresofdiamonds.org

What is the revenue of Acres Of Diamonds?

Acres Of Diamonds's revenue in 2022 was $2,436,610.


Official website here: www.acresofdiamonds.org

Who are the executives of Acres Of Diamonds and what are their salaries?

The average compensation at Acres Of Diamonds during 2022 was $42,706. There are 26 employees and 308 volunteers at Acres Of Diamonds.


Here are 9 key members and their salaries:


Michelle Hollomon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Cooley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Hill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Wagner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Cash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Paddock (Executive Director)
  • Compensation: $56,482
  • Related: $0
  • Other: $61,937


Official website here: www.acresofdiamonds.org

Where can I find the form 990 for Acres Of Diamonds?

Acres Of Diamonds's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acresofdiamonds.org

Learn more at the official website: www.acresofdiamonds.org

Mission Statement of Acres Of Diamonds

Acres of Diamonds is a non-profit organization dedicated to making lasting changes in the lives of homeless women and their children. By providing transitional housing and supportive services, Acres of Diamonds aims to help these women break the cycles of addiction, abuse, and homelessness, enabling them to become thriving, stable families.

The mission of Acres of Diamonds is rooted in creating a caring community that offers a safe haven for homeless mothers and their children. The typical mother that Acres of Diamonds aims to serve is a woman aged 18-40 with children ranging from newborns to 12 years old. She has often grown up without a stable home or in a home where abuse, addiction, and neglect were common. She may have spent much of her childhood in and out of foster care, shelters, and relatives' homes. She is likely a recovering addict and has been referred to Acres of Diamonds by an inpatient rehabilitation provider. In most cases, she is a victim of domestic violence and has mental health challenges.

With a focus on empathy and understanding, Acres of Diamonds seeks to help these women rebuild their lives, offering them the support they need to overcome their past and create a brighter future for themselves and their children. By providing a safe and nurturing environment, Acres of Diamonds empowers these women to heal, grow, and transform, ultimately breaking the cycles of addiction, abuse, and homelessness that have plagued their lives.

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Impact




June, 2024

Acres of Diamonds has a significant impact on the lives of homeless women and their children by providing transitional housing and supportive services. The organization focuses on breaking the cycles of addiction, abuse, and homelessness, empowering these families to become stable and thriving. By embracing homeless moms with particularly painful personal histories, Acres of Diamonds offers a unique and essential service to a specific demographic in need.

Through their mission to create lasting change for homeless moms and kids through a caring community, Acres of Diamonds not only provides shelter and support but also addresses mental health challenges that are common among their clients. By offering a comprehensive approach to helping these families rebuild their lives, Acres of Diamonds plays a crucial role in transforming the future of those who have faced significant hardships and obstacles.




This information is meant to be a general summary of Acres Of Diamonds. 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.

Revenue
$2,436,610 (2022)
Expenses
$2,088,169 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,921
  • Program Service Revenue: $56,744
  • Gross Receipts: $2,456,889

Assets and Liabilities:

  • Total Assets: $5,238,402
  • Total Liabilities: $827,770
  • Net Assets: $4,410,632

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FOR SERVICES

Revenue

$56,744

Organization Details

Founding Year

1995

Principal Officer

Jennifer Paddock

Main Address

PO BOX 1672, DUVALL, WA, 98019

NTEE Category

Code: F20 - Mental health

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