Overview
What is Friendly House Inc?
Friendly House Inc, located in Worcester, Massachusetts, serves as a vital resource for the community. As a nonprofit organization, its primary mission is to enhance the lives of local families, both nuclear and extended. This is achieved through a continuum of comprehensive, coordinated neighborhood services. The organization provides an essential shelter program, offering emergency housing for eligible individuals. Beyond housing, Friendly House Inc also offers recreational activities, day camps, child care, and feeding services. Their dedication extends to the educational, social, and family betterment of Worcester's residents, acting as an integrating force within the community and neighborhoods it serves. With a team of 117 dedicated employees, Friendly House Inc plays a significant role in supporting the well-being of its community.
Official website here: www.friendlyhousema.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98% (Four-Star out of Four Star rating)
Friendly House Inc has achieved an impressive 98% rating on Charity Navigator, reflecting its strong commitment to accountability and transparency. The organization scored 96 in Accountability & Finance, indicating robust financial practices and governance, while its Impact & Measurement score of 100 showcases the effectiveness of its programs. A program expense ratio of 86.54% suggests that a significant portion of its funding directly supports its mission.
The nonprofit is recognized for providing essential services, including shelter for individuals and families in need, at a cost-effective rate, specifically offering a night of shelter for less than 200% of Fair Market Rent. This emphasizes its dedication to serving the community while maintaining fiscal responsibility.
While the organization has demonstrated solid financial health with a liabilities to assets ratio of 20.79%, which indicates a sound balance sheet, some users may seek further details on the specific outcomes of its programs. Overall, Friendly House Inc stands out as a highly rated nonprofit making a positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Friendly House Inc legitimate?
Friendly House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendly House 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: $343,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,502,882
For more financial information, click here
Official website here: www.friendlyhousema.org
What is the mission statement of Friendly House Inc?
Friendly House Inc's mission is centered around improving the lives of needy individuals and their families. The organization aims to provide educational, social, and family betterment through its services, which include shelter, recreation, daycamp, childcare, and feeding. Friendly House works as an integrating force within the families and neighborhoods it serves, serving both nuclear and extended families. The organization offers a continuum of comprehensive, coordinated neighborhood basic services to inner-city families, aiming to support their overall well-being.
Official website here: www.friendlyhousema.org
Who is the CEO of Friendly House Inc?
Anthony Payne is the President of Friendly House Inc.
Official website here: www.friendlyhousema.org
What is the revenue of Friendly House Inc?
Friendly House Inc's revenue in 2023 was $8,120,195.
Official website here: www.friendlyhousema.org
Who are the executives of Friendly House Inc and what are their salaries?
The average compensation at Friendly House Inc during 2023 was $24,325. There are 117 employees and 50 volunteers at Friendly House Inc.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $101,048
- Related: $0
- Other: $23,387
- Compensation: $109,337
- Related: $0
- Other: $0
- Compensation: $132,787
- Related: $0
- Other: $723
Official website here: www.friendlyhousema.org
Where can I find the form 990 for Friendly House Inc?
Friendly House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendlyhousema.org
Learn more at the official website: www.friendlyhousema.org
Mission Statement of Friendly House Inc
Friendly House Inc, a nonprofit organization, is dedicated to improving the educational, social, and family well-being of city residents. The organization serves as a integrating force for families, working with both nuclear and extended families. Friendly House provides a continuum of comprehensive, coordinated neighborhood basic services to inner-city families. This includes offering shelter, recreation, daycamp, child care, and feeding services, aiming to uplift the needs of the community as a whole. By doing so, Friendly House Inc strives to contribute positively to the families and neighborhoods it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Friendly House Inc's impact is significant in providing needy individuals with essential services such as shelter, recreation, day camp, child care, and feeding. The shelter program offered by Friendly House provides emergency housing for eligible participants, ensuring that those facing homelessness have a safe place to stay. Located in Worcester, MA, Friendly House's mission is focused on the educational, social, and family betterment of city residents. By working with both nuclear and extended families, Friendly House serves as an integrating force within the community, offering a continuum of comprehensive and coordinated neighborhood basic services to inner-city families. Their dedication to human services contributes positively to the well-being of individuals and the neighborhoods they serve.
This information is meant to be a general summary of Friendly House 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 2023.
- Investment Income: $4,999
- Program Service Revenue: $5,877,854
- Gross Receipts: $8,349,932
Assets and Liabilities:
- Total Assets: $4,181,126
- Total Liabilities: $869,540
- Net Assets: $3,311,586
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$5,731,190
PROGRAM SERVICE FEES
Revenue
$146,664
Organization Details
Founding Year
1936
Phone
(508) 755-4362Principal Officer
Anthony Payne
Main Address
36 WALL STREET, WORCESTER, MA, 01604
Website
www.friendlyhousema.orgNTEE Category
Code: P600 - Human services
If you are a representative of Friendly House Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.