Overview
What is Friendship Home Inc?
Friendship Home Inc, based in Norwell, Massachusetts, is a nonprofit organization dedicated to supporting individuals with developmental disabilities and their families. Established in 2010, it became qualified to provide a range of individual support services through the Massachusetts Department of Developmental Services. These services include life skills training, travel training, vocational support, and various other forms of assistance. The goal is to help individuals remain in their family homes or apartments, empowering them to safely access the community and achieve their goals. Friendship Home Inc's mission is to enrich the lives of those affected by developmental disabilities, offering quality respite and support services in a secure and caring environment. With a team of 63 dedicated employees, the organization works tirelessly to provide an array of supports that enable individuals to build skills and lead fulfilling lives.
Official website here: www.friendshiphome.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating from Charity Navigator.
Friendship Home Inc has achieved an impressive 91% score, reflecting strong accountability and finance practices. This score is solely derived from the organization's commitment to transparency and sound financial management, which is critical for ensuring donor trust and effective fund utilization. The charity has a fully independent board made up of 13 members, demonstrating governance that prioritizes objectivity and oversight.
The organization excels in various financial metrics, including a low liabilities-to-assets ratio of 3.42%, indicating a solid financial position. Its program expense ratio stands at 66.79%, suggesting that a significant portion of its funding is directed towards direct services rather than administrative costs. However, its fundraising efficiency ratio of $0.29 indicates that it may be spending more to raise funds compared to some other nonprofits.
Overall, Friendship Home Inc's strong performance in accountability and finance is commendable. The organization promotes transparency through policies like conflict of interest and whistleblower protections, which further enhance its credibility. While there are areas for improvement, particularly in fundraising efficiency, the nonprofit's established governance and commitment to programmatic funding position it as a trustworthy entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Home Inc legitimate?
Friendship Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Home 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: $209,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,718,197
For more financial information, click here
Official website here: www.friendshiphome.net
What is the mission statement of Friendship Home Inc?
Friendship Home Inc's mission is centered around enhancing the lives of individuals with developmental disabilities and their families. They achieve this by offering high-quality respite and support services in a safe and nurturing environment. The organization became qualified to provide individual support services through the Massachusetts Department of Developmental Services in 2010. Their services include life skills training, travel training, vocational support, and various other supports, all designed to help individuals remain in their family homes or apartments. By offering these services, Friendship Home Inc aims to assist individuals in accessing the community, building skills, and fulfilling their goals and objectives. The organization's advocates work closely with individuals and families to design an array of supports tailored to their needs.
Official website here: www.friendshiphome.net
Who is the CEO of Friendship Home Inc?
Andrea Mansfield is the Director of Friendship Home Inc.
Official website here: www.friendshiphome.net
What is the revenue of Friendship Home Inc?
Friendship Home Inc's revenue in 2023 was $4,646,981.
Official website here: www.friendshiphome.net
Who are the executives of Friendship Home Inc and what are their salaries?
The average compensation at Friendship Home Inc during 2023 was $30,596. There are 63 employees and 64 volunteers at Friendship Home Inc.
Here are 16 key members and their salaries:
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- Compensation: $179,500
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- Other: $3,052
- Compensation: $124,351
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- Compensation: $110,089
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- Other: $15,252
Official website here: www.friendshiphome.net
Where can I find the form 990 for Friendship Home Inc?
Friendship Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendshiphome.net
Learn more at the official website: www.friendshiphome.net
Mission Statement of Friendship Home Inc
Friendship Home Inc is committed to enriching the lives of individuals with developmental disabilities and their families. They achieve this mission by providing quality respite and support services in a safe and caring environment. The organization became qualified to offer individual support services through the Massachusetts Department of Developmental Services in 2010. Friendship Home offers a wide range of options designed to help individuals remain in their family home or apartment. These services include life skills training, travel training, vocational support, and various other supports. The individual support advocates at Friendship Home meet with individuals and families to design an array of supports that help the individual build skills, safely access the community, and fulfill their goals and objectives.
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Impact
July, 2024
Friendship Home Inc enriches the lives of individuals with developmental disabilities and their families by providing quality respite and support services in a safe and caring environment. Through its Individual Supports Program, Friendship Home offers a broad range of options designed to help individuals remain in their family home or apartment. This includes life skills training, travel training, vocational support, and various other supports tailored to the needs of each individual. By working closely with individuals and families, Friendship Home advocates help individuals build skills, access the community safely, and achieve their goals and objectives.
This information is meant to be a general summary of Friendship Home 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: $140,145
- Program Service Revenue: $2,524,821
- Gross Receipts: $6,158,092
Assets and Liabilities:
- Total Assets: $7,904,423
- Total Liabilities: $270,574
- Net Assets: $7,633,849
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE CONTRACTS
Revenue
$2,396,061
CLIENT FEES
Revenue
$128,760
Organization Details
Founding Year
1999
Phone
(781) 659-8202Principal Officer
Andrea Mansfield
Main Address
PO BOX 916 458 MAIN STREET, NORWELL, MA, 02061
Website
www.friendshiphome.netNTEE Category
Code: P440 - Human services
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