Overview
What is My Friend's Place?
My Friend's Place is a nonprofit organization situated in Dover, New Hampshire, specifically at 368 Washington Street, 03820. Their primary mission is to offer safe and supportive emergency and transitional shelter to individuals and families facing homelessness within Strafford County, New Hampshire. With a team of 15 dedicated professionals, they strive to provide a secure environment for those in need, offering essential support during their transition towards stable housing.
Official website here: www.myfriendsplacenh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
My Friend's Place has earned a commendable Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is derived entirely from its Accountability & Finance metrics, indicating a robust commitment to financial transparency and responsible governance. This high rating emphasizes the charity's effective management of resources, with an impressive program expense ratio of 83.70%, demonstrating a focus on direct service delivery.
The organization showcases notable strengths, including a fully independent board of directors, which is crucial for maintaining impartiality and integrity in decision-making. Additionally, it has a solid audit and oversight committee in place, ensuring that financial practices are closely monitored and aligned with best practices. The absence of material diversion of assets further reinforces the organization's credibility and trustworthiness.
However, there are a few areas for improvement, such as the lack of a whistleblower policy and document retention and destruction protocols. While these omissions do not significantly detract from the overall positive assessment, addressing them would enhance the organization's governance framework and foster greater confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is My Friend's Place legitimate?
My Friend's Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Friend's 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: $269,466
For more financial information, click here
Official website here: www.myfriendsplacenh.org
What is the mission statement of My Friend's Place?
My Friend's Place is committed to providing a safe and supportive emergency and transitional shelter for individuals and families who are currently experiencing homelessness. Their primary goal is to offer a welcoming environment during tough times, with the aim of helping these individuals and families transition back into stable living situations. They strive to provide necessary support and resources, ensuring that everyone they assist feels cared for and valued during their journey towards housing stability.
Official website here: www.myfriendsplacenh.org
Who is the CEO of My Friend's Place?
Fx Bruton is the President of My Friend's Place.
Official website here: www.myfriendsplacenh.org
What is the revenue of My Friend's Place?
My Friend's Place's revenue in 2022 was $533,691.
Official website here: www.myfriendsplacenh.org
Who are the executives of My Friend's Place and what are their salaries?
The average compensation at My Friend's Place during 2022 was $17,964. There are 15 employees at My Friend's Place.
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Official website here: www.myfriendsplacenh.org
Where can I find the form 990 for My Friend's Place?
My Friend's Place's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myfriendsplacenh.org
Learn more at the official website: www.myfriendsplacenh.org
Mission Statement of My Friend's Place
My Friend's Place, a nonprofit organization, is committed to providing a safe and supportive environment for individuals and families experiencing homelessness in Strafford County, New Hampshire. Their primary purpose is to offer emergency and transitional shelter, serving as a refuge for those in need. This sanctuary not only provides a place to stay but also offers the necessary support to help individuals and families transition out of homelessness. My Friend's Place is dedicated to aiding these vulnerable individuals on their journey towards stability and self-sufficiency.
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Impact
July, 2024
My Friend's Place makes a significant impact by providing safe and supportive emergency and transitional shelter to individuals and families experiencing homelessness in Strafford County, NH. They offer a vital lifeline to those in need by ensuring they have a secure place to stay during challenging times. This support helps stabilize individuals and families, giving them a foundation from which to rebuild their lives. Through their dedicated efforts, My Friend's Place plays a crucial role in addressing homelessness in the community and offering much-needed assistance to those facing housing insecurity.
This information is meant to be a general summary of My Friend's 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: $58
- Program Service Revenue: $57,135
- Gross Receipts: $2,264,842
Assets and Liabilities:
- Total Assets: $1,018,215
- Total Liabilities: $62,743
- Net Assets: $955,472
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENT/SERVICE
Revenue
$53,657
MISCELLANEOUS REVENUE
Revenue
$3,478
Organization Details
Founding Year
1987
Phone
(603) 749-3017Principal Officer
Fx Bruton
Main Address
368 WASHINGTON STREET, DOVER, NH, 03820
Website
www.myfriendsplacenh.orgNTEE Category
Code: L41 - Housing
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