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Families Reaching Into Each New Day Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050504841 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Families Reaching Into Each New Day Inc?

Families Reaching Into Each New Day Inc, commonly known as FRIENDS WAY, is a Rhode Island-based nonprofit organization located at 1 Virginia Avenue, Providence. Their primary mission is to offer a supportive environment for children aged 3 to 18, as well as their adult caregivers, who are coping with the loss of a family member. They extend their services throughout Southeastern New England, reaching out to various community organizations such as schools, churches, and civic groups. FRIENDS WAY operates peer support groups that convene regularly, providing a safe and nurturing space for grieving children and families. The organization is staffed by highly professional mental health care providers and dedicated community volunteers. If needed, they follow up with families and offer additional professional referrals. Their charitable and educational activities aim to support grieving children and families, offering them a haven for healing and hope.


Official website here: www.friendsway.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating

Families Reaching Into Each New Day Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is fully derived from its accountability and finance measures, signaling strong governance practices and transparency.

The organization demonstrates exceptional governance with 86% of its board members being independent, and it maintains a robust conflict of interest policy. Additionally, it has no material diversion of assets, reflecting a commitment to ethical operations. Their program expense ratio stands at an excellent 87.01%, showing that a significant portion of funds is directed toward its programs rather than administrative expenses.

While the data showcases many strengths, the summary does not highlight any specific limitations or areas for improvement. Overall, Families Reaching Into Each New Day Inc appears to be a well-managed nonprofit, committed to its mission and accountable to its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Families Reaching Into Each New Day Inc legitimate?

Families Reaching Into Each New Day Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Families Reaching Into Each New Day 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.friendsway.org

What is the mission statement of Families Reaching Into Each New Day Inc?

The mission of Families Reaching Into Each New Day Inc, a non-profit organization, is to offer charitable and educational activities that provide support for children and their families who have experienced loss due to the death of one or more family members. The organization, known as FRIENDS WAY, serves as a haven for healing and hope, providing open-ended support groups and programs for grieving children, teens, and families. They offer bereavement support services to children ages 3 to 18 and their adult caregivers, focusing on Southeastern New England. Additionally, the organization provides community awareness and training on issues related to children, grief, and loss through various community organizations, including schools, churches, and civic groups. These support groups are conducted by mental health care professionals and trained volunteers, ensuring a safe and nurturing environment for all participants.


Official website here: www.friendsway.org

Who is the CEO of Families Reaching Into Each New Day Inc?

Susan E Stevenson is the Director- 6/22 of Families Reaching Into Each New Day Inc.


Official website here: www.friendsway.org

What is the revenue of Families Reaching Into Each New Day Inc?

Families Reaching Into Each New Day Inc's revenue in 2022 was $323,688.


Official website here: www.friendsway.org

Who are the executives of Families Reaching Into Each New Day Inc and what are their salaries?

There 13 volunteers at Families Reaching Into Each New Day Inc.


Here are 17 key members and their salaries:


Timothy J Babineau Md (Director- 6/22)
  • Compensation: $0
  • Related: $2,336,252
  • Other: $1,293,210
Henry T Sachs Iii Md (Secretary)
  • Compensation: $0
  • Related: $511,162
  • Other: $112,199
Susan E Stevenson (Pres./Exec.Dir.)
  • Compensation: $0
  • Related: $127,010
  • Other: $20,161
Arthur J Sampson (Director)
  • Compensation: $0
  • Related: $70,928
  • Other: $3,282
Robert P Andrade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethan Borchelt (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Dufault Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Felicio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Gaudreau (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Hames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Horvat (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Hussey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Matta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelo Pezzullo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Pratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsway.org

Where can I find the form 990 for Families Reaching Into Each New Day Inc?

Families Reaching Into Each New Day Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendsway.org

Learn more at the official website: www.friendsway.org

Mission Statement of Families Reaching Into Each New Day Inc

Families Reaching Into Each New Day Inc, often referred to as FRIENDS WAY, is a beacon of hope and healing for grieving children, teens, and families. This non-profit organization's mission is centered around providing charitable and educational activities that offer support to children and their families who have experienced the loss of a family member due to death.

FRIENDS WAY operates as a family bereavement center, offering a wide range of bereavement support services to children aged 3 to 18, as well as their adult caregivers. These services extend throughout Southeastern New England, reaching out to communities via various organizations such as schools, churches, and civic groups. Within these organizations, peer groups convene three nights a week during the school year. The organization's dedicated team, consisting of highly qualified mental health care professionals and extensively trained community volunteers, provides a safe and nurturing environment for peer support. If necessary, follow-up meetings are arranged, and additional professional referrals are made when appropriate.

Moreover, FRIENDS WAY is committed to raising community awareness and providing training on issues related to children, grief, and loss. This is achieved through collaborations with various organizations, aiming to educate and support those in need during their difficult journey of grief.

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Impact




June, 2024

Families Reaching Into Each New Day Inc, also known as FRIENDS WAY, has a significant impact on the community by providing a safe haven for healing and hope to grieving children, teens, and families. This nonprofit organization in Rhode Island offers open-ended support groups and programs for children ages 3 to 18, as well as their adult caregivers, who have experienced the death of one or more family members.

FRIENDS WAY's mission to provide charitable and educational activities that support children and families dealing with loss through death is carried out through peer support groups that meet three nights per week throughout the school year. These groups are facilitated by highly qualified mental health care professionals and trained volunteers in a nurturing environment.

In addition to directly supporting children and families, FRIENDS WAY also contributes to community awareness and training on issues related to children, grief, and loss. They collaborate with schools, churches, civic groups, and other organizations to raise awareness and provide training on how to support grieving individuals.

Through its programs and outreach efforts, Families Reaching Into Each New Day Inc has a deep impact on the mental health and well-being of the community, helping individuals navigate the difficult process of grief and loss with support, understanding, and compassion.




This information is meant to be a general summary of Families Reaching Into Each New Day 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.

Revenue
$323,688 (2022)
Expenses
$258,026 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34
  • Gross Receipts: $349,786

Assets and Liabilities:

  • Total Assets: $539,284
  • Total Liabilities: $142,249
  • Net Assets: $397,035

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Organization Details

Founding Year

1999

Principal Officer

Susan E Stevenson

Main Address

1 Virginia Avenue 200, Providence, RI, 02905

NTEE Category

Code: F600 - Mental health

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