Overview
What is Fgs Inc?
Fgs Inc, operating under the name Good Shepherd Communities, is a nonprofit organization situated in Binghamton, New York. Their mission is to anticipate and fulfill the needs of seniors by creating and managing a diverse array of innovative services and facilities. Through their subsidiaries, they work tirelessly to establish comprehensive community-wide services and facilities that enhance the lives of the elderly. With a dedicated workforce of around 30 individuals, Good Shepherd Communities is committed to improving the quality of life for senior citizens.
Official website here: www.gsfhome.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
Fgs Inc has received a One-Star rating from Charity Navigator, primarily due to its low score in accountability and finance. While the organization excels in certain governance metrics, including a fully independent board and strong financial oversight mechanisms, it struggles significantly in areas such as program expense ratio and overall financial health. The low program expense ratio of 12.53% indicates that a small portion of its funding is directed towards its programs, raising concerns about its operational impact.
Despite some strengths in governance practices, like having comprehensive policies and ensuring no diversion of assets, the charity's financial management appears to be a critical issue. The liabilities to assets ratio of 28.60% is also concerning, suggesting potential financial instability. Moreover, the absence of the tax form on the nonprofit's website limits transparency, which could affect donor trust.
Overall, while Fgs Inc demonstrates robust governance structures, the significant shortcomings in financial management and program funding warrant caution for potential donors and stakeholders. Addressing these issues will be crucial for the organization to enhance its impact and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Fgs Inc legitimate?
Fgs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fgs 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: $930,994
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,906
For more financial information, click here
Official website here: www.gsfhome.com
What is the mission statement of Fgs Inc?
Fgs Inc is dedicated to anticipating and fulfilling the needs of seniors by developing and managing a variety of innovative services and facilities. Good Shepherd Communities shares this commitment, working towards the same goal through the creation and operation of these comprehensive offerings. The organization plans, coordinates, supports, and monitors the development of extensive community-wide services and facilities, aiming to enhance the lives of elderly individuals. This is achieved through the efforts of its subsidiaries.
Official website here: www.gsfhome.com
Who is the CEO of Fgs Inc?
Jason Santiago is the Principal Officer of Fgs Inc. The CEO's salary of Fgs Inc is $569,262 and their total compensation is $614,302.
Official website here: www.gsfhome.com
What is the revenue of Fgs Inc?
Fgs Inc's revenue in 2022 was $3,355,127.
Official website here: www.gsfhome.com
Who are the executives of Fgs Inc and what are their salaries?
The average compensation at Fgs Inc during 2022 was $40,530. There are 30 employees and 13 volunteers at Fgs Inc.
Here are 18 key members and their salaries (Fgs Inc's CEO's salary is $569,262 and their total compensation is $614,302):
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- Compensation: $569,262
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- Compensation: $160,437
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- Compensation: $118,071
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- Other: $344
Official website here: www.gsfhome.com
Where can I find the form 990 for Fgs Inc?
Fgs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gsfhome.com
Learn more at the official website: www.gsfhome.com
Mission Statement of Fgs Inc
Fgs Inc, a nonprofit organization, is dedicated to anticipating and addressing the needs of seniors by developing and operating a diverse array of innovative services and facilities. Good Shepherd Communities, as another name for Fgs Inc, shares this commitment. The mission of Fgs Inc is to plan, coordinate, support, and monitor the development of comprehensive community-wide services and facilities, aiming to enhance the lives of the elderly through its subsidiaries. This mission demonstrates Fgs Inc's commitment to proactively catering to the needs of senior citizens, guaranteeing they have access to a wide range of cutting-edge services and facilities designed to improve their quality of life.
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Impact
October, 2024
Fgs Inc plays a vital role in enhancing the quality of life for seniors in the Binghamton, NY area by developing and operating a diverse array of innovative services and facilities. Their commitment to anticipating and meeting the needs of the elderly is evident in their comprehensive approach, which includes planning, coordinating, supporting, and monitoring community-wide services. Through these efforts, Fgs Inc ensures that seniors have access to the resources they need to live fulfilling and dignified lives. The organization’s initiatives foster a more supportive community, promoting well-being and social engagement among seniors.
This information is meant to be a general summary of Fgs 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.
- Investment Income: $478
- Program Service Revenue: $3,190,145
- Gross Receipts: $3,355,127
Assets and Liabilities:
- Total Assets: $1,425,613
- Total Liabilities: $407,772
- Net Assets: $1,017,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT SERVICES RE
Revenue
$3,190,145
Organization Details
Founding Year
2008
Phone
(607) 724-2477Principal Officer
Jason Santiago
Main Address
80 FAIRVIEW AVENUE, BINGHAMTON, NY, 13904
Website
www.gsfhome.comIf you are a representative of Fgs Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.