Overview
What is Friends Of Ari Inc C/O Edward Granelli Treasurer?
Friends of Ari Inc., under the leadership of Edward Granelli as its treasurer, is a charitable organization that was established in 1997. Its primary mission is to support individuals with developmental disabilities in the greater Stamford area, Connecticut. The nonprofit achieves this by providing housing opportunities for these individuals and donating funds to other public charities that cater to the needs of people with developmental disabilities. By doing so, Friends of Ari Inc. aims to contribute to enriching the lives of individuals with developmental disabilities in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Friends Of Ari Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 80% based solely on their Accountability & Finance metrics. This rating indicates that the organization is effectively managing its financial resources and demonstrates a commitment to transparency and accountability in its operations, which is crucial for building donor trust.
The organization excels in several key areas, with a perfect score in the composition of its board and a strong commitment to independent governance. All board members are independent, and there has been no material diversion of assets, showing a high level of integrity and compliance. Additionally, the organization has a robust conflict of interest policy and actively documents its board meeting minutes, reinforcing its accountability practices.
On the financial front, Friends Of Ari Inc boasts impressive figures, including a 0.00% liabilities to assets ratio and a program expense ratio of 100.00%, indicating that all funds are directed towards its programs. While the overall score is strong, continuous monitoring of its operational practices and financial health will be essential for maintaining and improving its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Ari Inc C/O Edward Granelli Treasurer legitimate?
Friends Of Ari Inc C/O Edward Granelli Treasurer is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Ari Inc C/O Edward Granelli Treasurer 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
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What is the mission statement of Friends Of Ari Inc C/O Edward Granelli Treasurer?
Friends of Ari Inc, established in 1997, was founded with a mission to support public charities serving individuals with developmental disabilities. The organization's primary objective is to collect and distribute funds to these charities. Additionally, Friends of Ari Inc aims to provide housing opportunities for individuals with developmental disabilities. The organization focuses on making distributions to charities within the greater Stamford area, including Ari of Connecticut Inc.
Who is the CEO of Friends Of Ari Inc C/O Edward Granelli Treasurer?
Paul Macari is the Board President of Friends Of Ari Inc C/O Edward Granelli Treasurer.
What is the revenue of Friends Of Ari Inc C/O Edward Granelli Treasurer?
Friends Of Ari Inc C/O Edward Granelli Treasurer's revenue in 2022 was -$121,710.
Who are the executives of Friends Of Ari Inc C/O Edward Granelli Treasurer and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Friends Of Ari Inc C/O Edward Granelli Treasurer?
Friends Of Ari Inc C/O Edward Granelli Treasurer's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Ari Inc C/O Edward Granelli Treasurer
Friends of Ari Inc, led by Edward Granelli as treasurer, was established in 1997 with a mission to serve as a public charity. Its primary objective is to benefit organizations that cater to individuals with developmental disabilities. The nonprofit aims to distribute funds to these charities, with a focus on those located in the Greater Stamford area, including Ari of Connecticut, Inc. Additionally, Friends of Ari Inc is committed to providing housing opportunities for individuals with developmental disabilities. By distributing funds and offering housing solutions, this organization strives to support and improve the lives of those with developmental disabilities.
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Impact
October, 2024
Friends Of Ari Inc, under the leadership of Treasurer Edward Granelli, has significantly impacted the lives of individuals with developmental disabilities, particularly in the Greater Stamford area. Established in 1997, the organization has worked tirelessly to create housing opportunities and support services for those in need.
One of its key contributions has been the provision of housing for developmentally disabled individuals, ensuring they have safe and supportive living environments. Additionally, Friends Of Ari Inc has raised crucial funds to support various public charities, including ARI of Connecticut, that offer vital services to this community. This financial backing helps enhance the quality of life for individuals with developmental disabilities, allowing them access to necessary resources and programs that promote independence and inclusion.
Through its commitment to philanthropy, the organization not only addresses immediate needs but also fosters a greater awareness of the challenges faced by individuals with developmental disabilities, encouraging broader community support and involvement.
This information is meant to be a general summary of Friends Of Ari Inc C/O Edward Granelli Treasurer. 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.
- Gross Receipts: $125,748
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1997
Phone
(203) 323-2400Principal Officer
Paul Macari
Main Address
115 AKBAR ROAD, STAMFORD, CT, 06902
NTEE Category
Code: T30Z - Philanthropy
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