Overview
What is North American Family Institute Inc?
North American Family Institute Inc, located at 90 Maple Street Unit 2, Stoneham, MA 02180, is a nonprofit organization dedicated to supporting seniors by offering alternative services. Their homecare division, Homecare Choices, provides a unique, client-focused experience, ensuring seniors can maintain their independence while remaining safe at home. The institute's mission is to establish community environments based on principles of dignity and respect, enabling children, adults, and families to grow and transform their lives for the better. With a workforce of 134 employees, North American Family Institute Inc strives to improve the quality of life for its clients and their families.
Official website here: www.nafi.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
North American Family Institute Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and accountability practices. While the organization excels with a fully independent board and strong policies in place, it struggles with its financial metrics, particularly in the areas of program expenses and liabilities to assets.
The organization has demonstrated strengths in governance, including comprehensive conflict of interest and whistleblower policies, as well as transparency in board meeting minutes. However, the absence of its tax forms on the nonprofit's website raises questions about its commitment to transparency.
Overall, while the North American Family Institute Inc shows a solid framework in governance, its financial ratios suggest potential challenges in effectively utilizing resources for its programs. Stakeholders may want to closely monitor these financial aspects when considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is North American Family Institute Inc legitimate?
North American Family Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North American Family Institute 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: $675,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,256,504
For more financial information, click here
Official website here: www.nafi.com
What is the mission statement of North American Family Institute Inc?
The North American Family Institute Inc's mission is centered around establishing community environments that uphold principles of dignity and respect. These environments aim to foster growth and change in children, adults, and families, ultimately leading to improved lives for all involved. The institute strives to create an environment where individuals can evolve and thrive, thereby bettering their lives. In addition, the institution provides senior services through an alternative home care service called Homecare Choices, offering a customized and client-focused experience for seniors who wish to remain at home on their own terms.
Official website here: www.nafi.com
Who is the CEO of North American Family Institute Inc?
Dr Yitzhak Bakal is the President of North American Family Institute Inc.
Official website here: www.nafi.com
What is the revenue of North American Family Institute Inc?
North American Family Institute Inc's revenue in 2022 was $7,848,572.
Official website here: www.nafi.com
Who are the executives of North American Family Institute Inc and what are their salaries?
The average compensation at North American Family Institute Inc during 2022 was $29,345. There are 134 employees and 13 volunteers at North American Family Institute Inc.
Here are 22 key members and their salaries:
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- Compensation: $1,378,773
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- Compensation: $147,346
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- Other: $16,997
- Compensation: $115,754
- Related: $22,966
- Other: $23,128
Official website here: www.nafi.com
Where can I find the form 990 for North American Family Institute Inc?
North American Family Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nafi.com
Learn more at the official website: www.nafi.com
Mission Statement of North American Family Institute Inc
North American Family Institute, a notable organization, is committed to establishing community environments that embody principles of dignity and respect. This mission aims to foster growth and transformation in the lives of children, adults, and families, ultimately enabling them to improve their situations. The Institute's objective is to create an atmosphere where individuals can evolve and thrive, leading to better lives for all.
In addition to its mission, North American Family Institute provides senior services through Homecare Choices. This service offers a unique, customized, and client-focused experience for seniors seeking to remain happily and safely at home, on their own terms. By providing alternative home care services, the Institute demonstrates its commitment to supporting individuals across various stages of life, ensuring they maintain their autonomy and quality of life.
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Impact
July, 2024
North American Family Institute Inc creates community environments based on principles of dignity and respect to help children, adults, and families grow and change for the better. In addition to their core mission, they offer alternative services to seniors through Homecare Choices, providing high-quality in-home care services that allow seniors to remain safely at home on their own terms. Their impact can be seen in the improved quality of life and well-being of the individuals and families they serve, fostering positive growth and change within the community.
This information is meant to be a general summary of North American Family Institute 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: $95,946
- Program Service Revenue: $7,680,385
- Gross Receipts: $7,848,572
Assets and Liabilities:
- Total Assets: $8,876,686
- Total Liabilities: $5,286,474
- Net Assets: $3,590,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES/CONTRACTS FROM GO
Revenue
$7,680,385
Organization Details
Founding Year
1986
Phone
(978) 538-0286Principal Officer
Dr Yitzhak Bakal
Main Address
90 MAPLE STREET UNIT 2, STONEHAM, MA, 02180
Website
www.nafi.comNTEE Category
Code: P300 - Human services
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