Overview
What is Faithworks Inc?
Faithworks Inc, located in Cincinnati, Ohio, is a nonprofit organization dedicated to providing direct care services for five individuals, three of whom require round-the-clock assistance. Their primary focus is on serving mentally challenged and developmentally disabled clients, offering daily living assistance such as personal hygiene, dressing, feeding, budgeting, and ambulatory needs. The organization employs a team of 30 individuals, ensuring that their clients receive the necessary support and care to enhance their quality of life. Faithworks Inc's mission extends beyond basic care, as they also provide developmental services to help their clients improve their skills and abilities.
Official website here: www.finglobal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Faithworks Inc has earned an impressive Four-Star rating from Charity Navigator, with a score of 96%. This high rating reflects the charity's strong performance in Accountability & Finance, which is crucial for building donor trust. The organization has achieved perfect scores in several key areas, including independent board membership and financial transparency, indicating robust governance practices.
The charity's board is entirely comprised of independent members, which enhances its accountability. Furthermore, Faithworks Inc has demonstrated outstanding financial health, evidenced by a 100% program expense ratio, meaning all funds are directed towards its programs. Additionally, there are no recorded material diversions of assets, showcasing the organization's integrity and commitment to its mission.
While the organization has shown exceptional strengths in financial management and governance, the evaluation does not cover other dimensions such as program effectiveness and community impact. Nonetheless, the available data positions Faithworks Inc as a well-managed nonprofit with a solid foundation for ongoing success.
This AI summary has been generated from information found on Charity Navigator.
Is Faithworks Inc legitimate?
Faithworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faithworks 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: $364,459
For more financial information, click here
Official website here: www.finglobal.org
What is the mission statement of Faithworks Inc?
Faithworks Inc is committed to providing services for individuals with mental challenges and developmental disabilities. Their mission is to serve as a direct care service provider, offering assistance with daily living activities such as personal hygiene, dressing, feeding, budgeting, and ambulatory needs. They also focus on skill development, aiming to enhance the clients' abilities. Currently, they are providing direct care services to five clients, three of whom require round-the-clock care.
Official website here: www.finglobal.org
Who is the CEO of Faithworks Inc?
Michael R Foday is the President/Chairman of Faithworks Inc. The CEO's salary of Faithworks Inc is $27,500 and their total compensation is $27,500.
Official website here: www.finglobal.org
What is the revenue of Faithworks Inc?
Faithworks Inc's revenue in 2022 was $668,789.
Official website here: www.finglobal.org
Who are the executives of Faithworks Inc and what are their salaries?
The average compensation at Faithworks Inc during 2022 was $12,149. There are 30 employees at Faithworks Inc.
Here are 7 key members and their salaries (Faithworks Inc's CEO's salary is $27,500 and their total compensation is $27,500):
- Compensation: $69,235
- Related: $0
- Other: $0
- Compensation: $27,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.finglobal.org
Where can I find the form 990 for Faithworks Inc?
Faithworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.finglobal.org
Learn more at the official website: www.finglobal.org
Mission Statement of Faithworks Inc
Faithworks Inc is committed to serving mentally challenged and developmentally disabled individuals. Their mission encompasses providing direct care services, focusing on daily living activities. This includes assisting clients with personal hygiene, dressing, feeding, budgeting, and ambulatory needs. The organization also aids in the development of essential skills for these individuals. In practice, Faithworks Inc has served five clients, three of whom require round-the-clock care to varying degrees.
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Impact
July, 2024
Faithworks Inc's impact can be seen in the direct care services they provide to mentally challenged and developmentally disabled clients in Cincinnati, Ohio. They offer services such as personal hygiene, dressing, feeding, budgeting, and ambulatory needs. Faithworks Inc serves five clients, three of whom require 24/7 care, helping them with various daily living activities and skills development. Their mission focuses on ensuring the well-being and quality of life for individuals with specialized care needs.
This information is meant to be a general summary of Faithworks 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 2022.
- Program Service Revenue: $668,789
- Gross Receipts: $668,789
Assets and Liabilities:
- Total Assets: $308,965
- Total Liabilities: $0
- Net Assets: $308,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME- STATE OF OHIO
Revenue
$668,789
Organization Details
Founding Year
2004
Phone
(513) 648-9947Principal Officer
Michael R Foday
Main Address
11424 OXFORDSHIRE LANE LEVEL B, CINCINNATI, OH, 45240
Website
www.finglobal.orgNTEE Category
Code: L99 - Housing
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