Overview
What is Friends Of St Francis Xavier University?
Friends of St. Francis Xavier University is a nonprofit organization situated in Belmont, Massachusetts, specifically at 375 Concord Ave 002. Their primary objective is to collect donations from the public, which are then directed towards St. Francis Xavier University for the betterment of its students. This charitable organization aims to provide financial support to the university, thereby contributing to the education and wellbeing of its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating reflects an overall solid performance in accountability and finance, particularly highlighting strengths like a 100% independent board and strong program expense ratio of 99.97%. The organization has demonstrated fiscal responsibility, as evidenced by a liabilities to assets ratio of 0.00% and a clean audit of financial statements.
However, the organization also faces significant limitations related to transparency and governance. Key policies, such as conflict of interest and whistleblower policies, are missing, which raises concerns about their operational practices. Additionally, the absence of publicly available board meeting minutes and failure to post tax forms on their website further detracts from their accountability profile.
Overall, while Friends Of St Francis Xavier University shows commendable financial health and commitment to its mission through high program spending, the lack of essential governance policies and transparency measures may warrant consideration for potential donors looking for comprehensive organizational accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of St Francis Xavier University legitimate?
Friends Of St Francis Xavier University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of St Francis Xavier University 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: $0
For more financial information, click here
What is the mission statement of Friends Of St Francis Xavier University?
The organization, Friends of St. Francis Xavier University, has a primary mission to procure donations from the public. These donations are then allocated to benefit the students of St. Francis Xavier University. Their main objective is to provide financial assistance to help students in their academic pursuits. They serve as a bridge between the public and the university, aiming to enhance the educational experience of students through the collected funds.
What is the revenue of Friends Of St Francis Xavier University?
Friends Of St Francis Xavier University's revenue in 2023 was $161,448.
Who are the executives of Friends Of St Francis Xavier University and what are their salaries?
There 3 volunteers at Friends Of St Francis Xavier University.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Friends Of St Francis Xavier University?
Friends Of St Francis Xavier University's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of St Francis Xavier University
Friends of St. Francis Xavier University is an organization dedicated to accomplishing a significant mission. Their primary objective is to solicit donations from the public, with the ultimate goal of distributing these funds to St. Francis Xavier University for the betterment of its students. This nonprofit organization plays a crucial role in supporting the educational endeavors of students at St. Francis Xavier University, utilizing public contributions to enhance their academic experiences.
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Impact
July, 2024
Friends Of St Francis Xavier University plays a crucial role in supporting the educational endeavors of St. Francis Xavier University by obtaining donations from the public for the benefit of the students. Through their efforts, they help secure resources that enhance the academic experience, provide financial aid, and support various programs at the university. This impact ultimately contributes to the growth and success of the students and the institution as a whole, fostering a thriving educational environment.
This information is meant to be a general summary of Friends Of St Francis Xavier University. 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.
- Gross Receipts: $161,448
Assets and Liabilities:
- Total Assets: $3,368
- Total Liabilities: $0
- Net Assets: $3,368
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Organization Details
Founding Year
1962
Principal Officer
Kerri Tellier
NTEE Category
Code: B11 - Education
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