Overview
What is Massachusetts Family Institute Inc?
Massachusetts Family Institute Inc, based in Wakefield, Massachusetts, is a non-partisan public policy organization. Their primary mission is to strengthen families in the state by engaging in extensive research and education on various public policy issues. This nonprofit strives to enhance the well-being, health, and safety of families through their initiatives. With a dedicated workforce of six employees, Massachusetts Family Institute Inc is committed to contributing positively to the lives of families in Massachusetts.
Official website here: www.mafamily.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Massachusetts Family Institute Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The organization excels with a high percentage of independent board members and has demonstrated strong practices in areas such as audit and oversight, conflict of interest policies, and transparency regarding board meeting minutes. These strengths contribute positively to its overall score.
However, the program expense ratio, at 60.58%, suggests that a significant portion of their budget is directed towards administrative costs rather than direct programmatic activities. This could raise concerns for some donors who prioritize funding directly into mission-driven work. While the organization is well-managed in terms of governance and financial oversight, potential supporters may want to consider the balance of expenses in relation to their mission impact.
Overall, the Massachusetts Family Institute Inc showcases commendable governance practices and financial accountability, though its program expense ratio highlights an area for potential improvement in prioritizing mission-related spending.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Family Institute Inc legitimate?
Massachusetts Family Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts 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: $145,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,309
For more financial information, click here
Official website here: www.mafamily.org
What is the mission statement of Massachusetts Family Institute Inc?
The Massachusetts Family Institute (MFI) is a non-partisan public policy organization committed to enhancing family well-being, health, and safety in Massachusetts. To achieve this, MFI engages in extensive research and education on various public policy issues. Their main objective is to strengthen families by advocating for policies that positively impact their lives. Additionally, they focus on a wide range of topics, including policies that promote family health, safety, and overall well-being.
Official website here: www.mafamily.org
Who is the CEO of Massachusetts Family Institute Inc?
Andrew Beckwith is the President of Massachusetts Family Institute Inc.
Official website here: www.mafamily.org
What is the revenue of Massachusetts Family Institute Inc?
Massachusetts Family Institute Inc's revenue in 2021 was $896,626.
Official website here: www.mafamily.org
Who are the executives of Massachusetts Family Institute Inc and what are their salaries?
The average compensation at Massachusetts Family Institute Inc during 2021 was $59,095. There are 6 employees and 36 volunteers at Massachusetts Family Institute Inc.
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Official website here: www.mafamily.org
Where can I find the form 990 for Massachusetts Family Institute Inc?
Massachusetts Family Institute Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.mafamily.org
Learn more at the official website: www.mafamily.org
Mission Statement of Massachusetts Family Institute Inc
Massachusetts Family Institute (MFI) is a non-partisan public policy organization committed to enhancing family well-being and safety in Massachusetts. Through research and education, MFI delves into a wide spectrum of public policy issues to bolster the health and welfare of families in the state. The organization's mission is to provide insightful perspectives and promote policies that uphold strong and healthy family structures. By engaging in thorough research and sharing knowledge, MFI aims to contribute to an environment that supports and protects families in Massachusetts.
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Impact
July, 2024
Massachusetts Family Institute Inc's impact lies in its dedication to strengthening families in Massachusetts through research and education on a wide range of public policy issues. By focusing on the well-being, health, and safety of families, Massachusetts Family Institute Inc plays a crucial role in shaping policies that directly impact the lives of families in the state. Through their non-partisan approach, they aim to create a positive influence on family dynamics and societal well-being in Massachusetts.
This information is meant to be a general summary of Massachusetts 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 2021.
- Investment Income: $25,551
- Gross Receipts: $959,486
Assets and Liabilities:
- Total Assets: $569,380
- Total Liabilities: $9,056
- Net Assets: $560,324
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Organization Details
Founding Year
1990
Phone
(781) 569-0400Principal Officer
Andrew Beckwith
Main Address
401 Edgewater Place Suite 580, Wakefield, MA, 01880
Website
www.mafamily.orgNTEE Category
Code: E70Z - Health
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