Overview
What is Beans Cafe Inc?
Beans Cafe Inc, situated in Anchorage, Alaska, serves as a compassionate nonprofit organization with a mission to enhance the lives of the city's indigent population. Offering a safe refuge, Beans Cafe provides nutritious meals, including breakfast, lunch, and beverages, all year round, 24/7. It operates as a day shelter, offering a comfortable space for individuals seeking an alternative to homelessness and the streets. Additionally, the organization extends its support by providing social service referrals, helping those in need connect with appropriate resources. With a dedicated workforce of 106 individuals, Beans Cafe Inc plays a significant role in the Anchorage community, contributing to the well-being of its less fortunate members.
Official website here: www.beanscafe.org
What are the reviews and ratings of this charity?
Beans Cafe Inc has received a Four-Star out of Four Star rating from Charity Navigator, achieving a perfect score of 100% for Accountability & Finance. This exceptional rating reflects the organization's strong commitment to transparency, evident through the independent governance of its board, financial oversight, and compliance with best practices, such as maintaining conflict of interest and whistleblower policies.
The organization has demonstrated robust financial health, with a program expense ratio of over 80%, indicating that the majority of its expenditures are directed towards its charitable mission. Additionally, the fundraising efficiency ratio shows an impressive cost of just three cents to raise a dollar, further signaling effective management of resources.
While the organization is highly rated for its financial practices, it has not yet been evaluated under certain methodologies concerning impact measurement, culture, or leadership, which may provide further insights into its operational effectiveness. Overall, Beans Cafe Inc appears to be highly accountable and financially sound, positioning it well in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Beans Cafe Inc legitimate?
Beans Cafe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beans Cafe 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: $242,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,254,490
For more financial information, click here
Official website here: www.beanscafe.org
What is the mission statement of Beans Cafe Inc?
Beans Cafe Inc's mission is centered around enhancing the lives of underprivileged individuals. Specifically, the organization aims to provide nutritious meals, offer social service referrals, and create a comfortable and safe space for these individuals to seek refuge from harsh elements. This is done through offering breakfast, lunch, and beverages, as well as operating as a 24/7, 365-day warm day shelter, serving as a safe alternative to the streets.
Official website here: www.beanscafe.org
Who is the CEO of Beans Cafe Inc?
Scott Lingle is the Ceo of Beans Cafe Inc. The CEO's salary of Beans Cafe Inc is $132,404 and their total compensation is $132,404.
Official website here: www.beanscafe.org
What is the revenue of Beans Cafe Inc?
Beans Cafe Inc's revenue in 2022 was $9,446,790.
Official website here: www.beanscafe.org
Who are the executives of Beans Cafe Inc and what are their salaries?
The average compensation at Beans Cafe Inc during 2022 was $32,986. There are 106 employees and 12 volunteers at Beans Cafe Inc.
Here are 14 key members and their salaries (Beans Cafe Inc's CEO's salary is $132,404 and their total compensation is $132,404):
- Compensation: $132,404
- Related: $0
- Other: $0
- Compensation: $92,791
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- 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
Official website here: www.beanscafe.org
Where can I find the form 990 for Beans Cafe Inc?
Beans Cafe Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beanscafe.org
Learn more at the official website: www.beanscafe.org
Mission Statement of Beans Cafe Inc
Beans Cafe Inc, a nonprofit organization, is dedicated to enhancing the lives of indigent individuals residing in Anchorage, Alaska. Their mission is multi-faceted, encompassing the provision of nutritious meals, offering social service referrals, and creating a welcoming, safe environment as an alternative to the streets. This sanctuary is available round the clock, 365 days a year. The primary service offered by Beans Cafe Inc is the provision of breakfast, lunch, and beverages, both hot and cold, ensuring that the less fortunate have access to adequate nourishment. Additionally, the organization provides day shelter facilities, offering a comfortable and secure refuge from the harsh elements.
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Impact
July, 2024
Beans Cafe Inc has a direct impact on the lives of indigent people in Anchorage, Alaska by providing nutritious meals, social service referrals, and a safe haven from the elements. The organization offers breakfast, hot lunch, beverages, and a warm day shelter, serving as a vital alternative to life on the streets. Their mission is centered around improving the well-being of those in need, offering crucial support and resources to create a safer and more comfortable environment for the homeless population.
This information is meant to be a general summary of Beans Cafe 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: -$124,517
- Program Service Revenue: $4,875,090
- Gross Receipts: $10,649,220
Assets and Liabilities:
- Total Assets: $17,905,852
- Total Liabilities: $3,062,292
- Net Assets: $14,843,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MOA Contract Revenue
Revenue
$3,477,339
Contract meals
Revenue
$1,397,751
Organization Details
Founding Year
1979
Phone
(907) 274-9595Principal Officer
Scott Lingle
Main Address
1020 E 4th Avenue, Anchorage, AK, 99501
Website
www.beanscafe.orgNTEE Category
Code: L410 - Housing
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