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Faithcentre

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

EIN: 030525345 ✦ Bellefonte, PA ✦ Designated as a 501(c)(3)

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Overview

What is Faithcentre?

Faithcentre is a nonprofit organization situated in Bellefonte, Pennsylvania. Their mission encompasses both charitable and educational endeavors, offering assistance to those in need through various programs. The organization operates a thrift store, a food pantry, and a cozy coffee corner, providing essential resources and a welcoming environment for community members. Faithcentre's activities are centered around promoting social welfare and offering educational opportunities, thereby contributing positively to the local community.


Official website here: www.faithcentre.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

Faithcentre has achieved an impressive 96% score, earning it a Four-Star rating on Charity Navigator. This high score is derived entirely from the Accountability & Finance beacon, highlighting the organization's strong financial practices and transparency. The charity demonstrates robust governance with a fully independent board, achieving maximum points for both the majority of independent members and the size of the board.

The financial health of Faithcentre is further evidenced by a low liabilities to assets ratio of 21.03%, indicating a solid balance sheet. Additionally, the organization allocates a significant portion of its budget, 71.65%, to program expenses, reflecting its commitment to its mission. The charity has also established comprehensive policies regarding conflict of interest, whistleblower protection, and document retention, contributing to its high accountability scores.

While the rating is overwhelmingly positive, it's essential to consider that it is based solely on financial metrics. There is no information provided regarding the effectiveness or impact of the programs offered by Faithcentre, which could provide a fuller picture of the charity's overall performance. Nevertheless, the strong emphasis on financial integrity and governance positions Faithcentre as a well-managed organization in the nonprofit sector.


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

Is Faithcentre legitimate?

Faithcentre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faithcentre 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: $68,870
Professional Fundraising Fees: $1,957
Other Salaries and Wages: $173,553

For more financial information, click here


Official website here: www.faithcentre.net

What is the mission statement of Faithcentre?

Faithcentre, as an organization, is dedicated to providing charitable and educational services. They operate a thrift store, a food pantry, and a coffee corner, all aimed at serving those in need. The mission of Faithcentre is to contribute positively to the community by offering these resources, thereby promoting social welfare and education. Located in Bellefonte, PA, Faithcentre's activities are centered around alleviating hardships and providing essentials to individuals in need, thereby fostering a sense of support and community.


Official website here: www.faithcentre.net

Who is the CEO of Faithcentre?

David Dimmick is the Principal Officer of Faithcentre.


Official website here: www.faithcentre.net

What is the revenue of Faithcentre?

Faithcentre's revenue in 2021 was $665,147.


Official website here: www.faithcentre.net

Who are the executives of Faithcentre and what are their salaries?

The average compensation at Faithcentre during 2021 was $7,346. There are 33 employees and 20 volunteers at Faithcentre.


Here are 10 key members and their salaries:


Nicole Summers (Executive Director)
  • Compensation: $68,870
  • Related: $0
  • Other: $0
Stephanie Cooper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonnay Hockenberry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Morgan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Glunt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dornan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Munnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Stever (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.faithcentre.net

Where can I find the form 990 for Faithcentre?

Faithcentre's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.faithcentre.net

Learn more at the official website: www.faithcentre.net

Mission Statement of Faithcentre

Faithcentre, a charitable and educational organization, is dedicated to serving those in need. Its mission involves operating a thrift store, a food pantry, and a coffee corner, all aimed at providing assistance to individuals who require it. Located in Bellefonte, PA, Faithcentre extends its hand to those who are struggling, offering them a place to shop, eat, and socialize in a supportive environment.

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Impact




July, 2024

Faithcentre's impact is felt through its provision of charitable and educational services to those in need. Through initiatives such as a thrift store, food pantry, and coffee corner, Faithcentre supports individuals in Bellefonte, PA, offering essential resources and a sense of community. Its mission to provide human services directly benefits the local population in tangible ways, making a positive difference in the lives of many.




This information is meant to be a general summary of Faithcentre. 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
$665,147 (2021)
Expenses
$564,096 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $22,038
  • Gross Receipts: $675,856

Assets and Liabilities:

  • Total Assets: $666,729
  • Total Liabilities: $185,185
  • Net Assets: $481,544

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Organization Details

Founding Year

2004

Principal Officer

David Dimmick

Main Address

110 WEST HIGH STREET, BELLEFONTE, PA, 16823

NTEE Category

Code: P29 - Human services

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