Overview
What is Friends Of Westport Council On Aging Inc?
Friends of Westport Council on Aging Inc is a nonprofit organization situated in Westport, Massachusetts. Their primary mission is to raise funds for programs and services that cater to the elderly community in the area. These initiatives aim to enrich the lives of the elderly residents by providing essential resources and support. The organization collects membership dues and assessments to finance these services, ensuring that the elderly population in Westport has access to the care and assistance they need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Friends Of Westport Council On Aging Inc has achieved a commendable score of 88%, which reflects its strong performance in accountability and finance. The rating is based entirely on this category, indicating the organization’s commitment to financial health and responsible governance. The fiscal year reviewed is FY2022.
The nonprofit has demonstrated several strengths, including a fully independent board comprising 13 members, which ensures unbiased decision-making. Additionally, there are no issues related to the diversion of assets, and the organization has established policies for conflicts of interest, whistleblower protections, and document retention. Furthermore, the ratio of liabilities to assets is impressive at 0.00%, showcasing a firm financial position.
However, while the program expense ratio of 65.59% is decent, it falls short of the maximum possible score, indicating that there may be room for improvement in how funds are allocated to programs versus administrative costs. Overall, Friends Of Westport Council On Aging Inc appears to be a well-managed organization with a strong focus on accountability, though it could enhance its program expenditure to further improve its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Westport Council On Aging Inc legitimate?
Friends Of Westport Council On Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Westport Council On Aging 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.
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What is the mission statement of Friends Of Westport Council On Aging Inc?
The mission of Friends Of Westport Council On Aging Inc is centered around providing financial support for programs and services catering to the elderly population. This non-profit organization aims to enhance the lives of seniors by funding various initiatives that promote their well-being and overall quality of life. The organization's primary source of funding comes from member dues and assessments, which are crucial in funding these programs and services.
Who is the CEO of Friends Of Westport Council On Aging Inc?
Carol Skarbo is the Director of Friends Of Westport Council On Aging Inc.
What is the revenue of Friends Of Westport Council On Aging Inc?
Friends Of Westport Council On Aging Inc's revenue in 2022 was $59,531.
Who are the executives of Friends Of Westport Council On Aging Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Friends Of Westport Council On Aging Inc?
Friends Of Westport Council On Aging Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Westport Council On Aging Inc
Friends of Westport Council on Aging Inc is an organization dedicated to providing financial support for programs and services aimed at the elderly community in Westport, Massachusetts. Their mission is to ensure that the elderly population in this area has access to essential resources and care. Through member dues and assessments, they generate the necessary funding to sustain these programs and services. The organization's role is instrumental in enhancing the quality of life for Westport's elderly population, providing them with the necessary assistance and support they require.
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Impact
August, 2024
Friends Of Westport Council On Aging Inc's impact can be seen in the support it provides for programs and services aimed at enhancing the well-being of the elderly population in Westport, Massachusetts. Through member dues and assessments, this organization is able to fund essential initiatives that cater to the needs of seniors in the community. By offering such funding, Friends Of Westport Council On Aging Inc plays a crucial role in promoting the health, happiness, and quality of life of the elderly residents in Westport, Massachusetts.
This information is meant to be a general summary of Friends Of Westport Council On Aging 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 2022.
- Investment Income: $21,363
- Gross Receipts: $59,531
Assets and Liabilities:
- Total Assets: $641,520
- Total Liabilities: $0
- Net Assets: $641,520
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Organization Details
Founding Year
1985
Phone
(508) 636-1026Principal Officer
Carol Skarbo
Main Address
PO BOX 4228, WESTPORT, MA, 02790
NTEE Category
Code: P81 - Human services
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