Overview
What is Functional Life Achievement Inc?
Functional Life Achievement Inc is a nonprofit organization situated in New York City, specifically at 236 2ND AVENUE, NY 10003. Their primary focus is on providing support and services to children under the age of 3 who are neurologically impaired, learning disabled, emotionally disturbed, or have handicapping conditions. The organization's mission is to cater to these children's developmental delays, regardless of their race, gender, income, or immigration status. They accomplish this by employing licensed psychologists, occupational therapists, physical therapists, and speech therapists to offer therapy services and support for children with special needs. The organization's workforce consists of 68 dedicated individuals, ensuring that they can make a significant impact in the lives of these children.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79% (Three-Star out of Four Star rating)
Functional Life Achievement Inc demonstrates a solid level of accountability and financial management, as reflected in its 79% overall score. This rating is primarily derived from a comprehensive evaluation of its financial practices, indicating that the organization effectively manages its resources and adheres to best practices in governance.
The charity excels in several key areas, including having a robust audit and oversight committee and a strong financial statements framework. Additionally, the absence of material diversion of assets and a well-defined conflict of interest policy contribute positively to its credibility. With a program expense ratio of 81.22%, it shows a commitment to utilizing funds directly for its programs.
However, while the overall score is commendable, it is essential for potential donors and supporters to consider the areas that could benefit from improvement. Continuous monitoring of operational effectiveness and program impact could enhance the organization's overall performance and further increase donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Functional Life Achievement Inc legitimate?
Functional Life Achievement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Functional Life Achievement 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: $751,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Functional Life Achievement Inc?
Functional Life Achievement Inc is committed to providing services to children who have developmental delays, regardless of their race, gender, income, or immigration status. The organization accomplishes this mission by offering therapy services and support, led by licensed psychologists, occupational, physical, and speech therapists. Functional Life Achievement Inc serves children under the age of 3 who exhibit neurologically impaired, learning disabled, emotionally disturbed, and handicapping conditions. The organization's primary goal is to provide equitable access to essential support services for these children, ensuring they have the best possible opportunities for growth and development.
What is the revenue of Functional Life Achievement Inc?
Functional Life Achievement Inc's revenue in 2023 was $10,220,119.
Who are the executives of Functional Life Achievement Inc and what are their salaries?
The average compensation at Functional Life Achievement Inc during 2023 was $9,889. There are 76 employees at Functional Life Achievement Inc.
Here are 7 key members and their salaries:
- Compensation: $372,786
- Related: $0
- Other: $0
- Compensation: $372,656
- Related: $0
- Other: $0
- Compensation: $99,546
- Related: $0
- Other: $0
- Compensation: $140,703
- Related: $0
- Other: $0
- Compensation: $144,939
- Related: $0
- Other: $0
- Compensation: $150,178
- Related: $0
- Other: $0
- Compensation: $112,206
- Related: $0
- Other: $0
Where can I find the form 990 for Functional Life Achievement Inc?
Functional Life Achievement Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Functional Life Achievement Inc
Functional Life Achievement Inc, a dedicated organization, is committed to providing services to children who struggle with developmental delays, irrespective of their racial background, gender, income level, or immigration status. The primary mission of this nonprofit is to offer therapeutic interventions and support to these children through the expertise of licensed psychologists, occupational therapists, physical therapists, and speech therapists. Their services cater to children under the age of three who may exhibit neurological impairments, learning disabilities, emotional distress, or handicapping conditions. The organization's goal is to create an inclusive environment where every child can access the necessary therapy services and support, enabling them to overcome their developmental challenges and thrive.
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Impact
July, 2024
Functional Life Achievement Inc's impact lies in transforming the lives of children under the age of 3 who exhibit neurological impairments, learning disabilities, emotional disturbances, and handicapping conditions. Through the provision of therapy services by licensed psychologists, occupational, physical, and speech therapists, the organization helps children with developmental delays regardless of their race, gender, income, or immigration status. By offering essential support to children with special needs in New York, Functional Life Achievement Inc is making a meaningful difference in the lives of these individuals and their families.
This information is meant to be a general summary of Functional Life Achievement 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: $193,422
- Program Service Revenue: $9,659,794
- Gross Receipts: $10,485,162
Assets and Liabilities:
- Total Assets: $29,413,232
- Total Liabilities: $63,925
- Net Assets: $29,349,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARLY INTERVENTION
Revenue
$9,659,794
Organization Details
Founding Year
1996
Principal Officer
Marian Sheng
NTEE Category
Code: P80 - Human services
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