Overview
What is Grey Bears?
Grey Bears is a nonprofit organization situated in Santa Cruz, California, primarily dedicated to supporting senior citizens in the county. Utilizing financial contributions from the general public, various government agencies, and revenues generated from recycling programs and its thrift shop, the organization provided over 2 million pounds of food to its elderly residents. The primary mission of Grey Bears is to deliver a weekly bag of nutritious groceries to local seniors aged 50 and above through its Healthy Food for Seniors program. This initiative, driven by volunteerism and community participation, strives to enhance the overall health and well-being of senior citizens in Santa Cruz. With a team of 68 dedicated individuals, Grey Bears plays an essential role in addressing food insecurity and promoting the well-being of its senior community.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 98% (Four-Star out of Four Star Rating)**
Grey Bears has achieved an impressive 98% rating on Charity Navigator, reflecting strong accountability and impactful services. The organization's financial health is robust, boasting a program expense ratio of over 92%, which indicates that a significant portion of its funding goes directly to fulfilling its mission of promoting good nutrition and social connection for healthy aging.
The charity's independent board of directors is fully compliant, with all members being independent and a strong commitment to transparency and ethical governance practices. Notably, there has been no material diversion of assets, and a well-structured oversight apparatus ensures compliance with various policies, enhancing stakeholder trust. The data also reveals that Grey Bears has been effective in serving the senior community, having provided over 2 million meals at a cost-efficient rate of around $1.01 each.
Despite the detailed strengths outlined in their rating, user reviews from GreatNonprofits could not be obtained. Overall, Grey Bears appears to be a well-managed organization making a significant positive impact in addressing hunger and isolation among seniors in Santa Cruz County.
This AI summary has been generated from information found on Charity Navigator.
Is Grey Bears legitimate?
Grey Bears is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grey Bears 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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Other Salaries and Wages: $1,625,624
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What is the mission statement of Grey Bears?
Grey Bears, an organization, is dedicated to enhancing the health and wellbeing of senior citizens, primarily through volunteer work and community participation. Utilizing financial support from the general public, revenues generated from recycling programs, and sales income from its thrift shop, the organization provides a weekly bag of healthy groceries to seniors aged 50 and above through its Healthy Food for Seniors program. As a result, Grey Bears managed to supply over 2 million pounds of food to senior residents in Santa Cruz County.
Who is the CEO of Grey Bears?
Tim Brattan is the Exec Director of Grey Bears.
What is the revenue of Grey Bears?
Grey Bears's revenue in 2022 was $8,587,321.
Who are the executives of Grey Bears and what are their salaries?
The average compensation at Grey Bears during 2022 was $23,906. There are 68 employees and 850 volunteers at Grey Bears.
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Where can I find the form 990 for Grey Bears?
Grey Bears's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grey Bears
Grey Bears, a nonprofit organization, is dedicated to enhancing the health and wellbeing of senior citizens residing in Santa Cruz. They achieve this mission through volunteerism and community participation. The heart of Grey Bears' efforts lies in its Healthy Food for Seniors program, where they distribute a weekly supply of nutritious groceries to individuals aged 50 and above in the region. By leveraging financial support from the general public and various government agencies, as well as revenue generated from recycling programs and sales in their thrift shop, Grey Bears has provided over two million pounds of food to the senior community of Santa Cruz County. This commendable initiative not only ensures that these individuals have access to essential nutrients but also fosters a sense of community and engagement among seniors.
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Impact
July, 2024
Grey Bears improves the health and wellbeing of seniors in Santa Cruz by delivering a weekly bag of healthy groceries to residents aged 50 and older. Through the Healthy Food for Seniors program, the organization has provided over 2 million pounds of food to senior citizens in Santa Cruz County. This impactful initiative is made possible by the financial support of the general public, government agencies, revenues generated from recycling programs, and sales revenue from donated items in its thrift shop.
This information is meant to be a general summary of Grey Bears. 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: $62,835
- Program Service Revenue: $462,583
- Gross Receipts: $10,497,781
Assets and Liabilities:
- Total Assets: $8,120,085
- Total Liabilities: $559,461
- Net Assets: $7,560,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RECYCLING REIMBURSEMENTS
Revenue
$462,583
Organization Details
Founding Year
1975
Phone
(831) 479-1055Principal Officer
Tim Brattan
Main Address
2710 CHANTICLEER AVENUE, SANTA CRUZ, CA, 95065
NTEE Category
Code: P81Z - Human services
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