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Friends Of The Children - Boston Inc

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

EIN: 201581289 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Children - Boston Inc?

Friends of the Children - Boston Inc is a dedicated nonprofit organization located at 184 Dudley Street, Boston, Massachusetts 02119. Their mission is to foster generational change by engaging children from high-risk communities in long-term, transformative mentoring relationships. This 12-and-a-half-year program, which they refer to as "Achievers," aims to equip these children with the necessary skills to graduate from high school and succeed in higher education. Friends of the Children-Boston employs a team of 24 individuals, and their comprehensive approach includes 20 hours of monthly mentoring and advocacy support. The organization's ultimate goal is to empower youth who face significant obstacles, providing them with the resources and support they need to thrive in the long term.


Official website here: www.friendsboston.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Friends Of The Children - Boston Inc has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in various operational areas. The high overall score is primarily driven by exceptional ratings in Accountability & Finance, Culture & Community, and Leadership & Adaptability, showcasing the organization's commitment to transparency and effective management practices.

The charity demonstrates a solid program expense ratio of 77.01%, indicating that a significant portion of its funding is dedicated to its core programs. The organization boasts a fully independent board and employs best practices in governance, such as maintaining a robust conflict of interest policy and ensuring oversight with an audit committee. Its financial health is further supported by a favorable working capital ratio of 2.04 years.

However, while the organization excels in accountability and community engagement, areas requiring ongoing attention include its fundraising efficiency, which stands at $0.08 per dollar raised. Overall, Friends Of The Children - Boston Inc shows a strong commitment to its mission and operational integrity, although it may benefit from strategies to enhance fundraising effectiveness.


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

What do the Facebook reviews say about Friends Of The Children - Boston Inc?

100% of reviewers on Facebook recommend Friends Of The Children - Boston Inc. Here's a summary of their insights:

The feedback highlights a strong appreciation for the organization's impactful work in the community. Reviewers express gratitude for the dedication and positive influence the nonprofit has on the lives of those they serve.

Overall, there is a clear sentiment of satisfaction and endorsement for the services provided. Friends Of The Children - Boston Inc. appears to successfully fulfill its mission, earning the trust and appreciation of its supporters.


This AI summary has been generated from reviews found on Facebook.

Is Friends Of The Children - Boston Inc legitimate?

Friends Of The Children - Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Children - Boston 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: $137,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,213,893

For more financial information, click here


Official website here: www.friendsboston.org

What is the mission statement of Friends Of The Children - Boston Inc?

Friends of the Children - Boston Inc is dedicated to impacting generational change by empowering youth who are facing significant challenges through long-term relationships with professional mentors. Their mission is to support these youth for a period of 12+ years, regardless of the obstacles they may face. The organization believes in the potential of these youth, referring to them as 'achievers'. Their primary goal is to see these achievers graduate from high school and succeed in higher education. They achieve this by providing 20 hours of comprehensive mentoring and advocacy support each month.


Official website here: www.friendsboston.org

Who is the CEO of Friends Of The Children - Boston Inc?

Yi-Chin Chen is the Clerk of Friends Of The Children - Boston Inc.


Official website here: www.friendsboston.org

What is the revenue of Friends Of The Children - Boston Inc?

Friends Of The Children - Boston Inc's revenue in 2022 was $5,201,483.


Official website here: www.friendsboston.org

Who are the executives of Friends Of The Children - Boston Inc and what are their salaries?

The average compensation at Friends Of The Children - Boston Inc during 2022 was $56,297. There are 24 employees and 58 volunteers at Friends Of The Children - Boston Inc.


Here are 17 key members and their salaries:


Allen C Nunnally (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cleary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert E Hallagan (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Lynch (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Mcclelland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prapti Mittal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Somers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Drew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amir Madjlessi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Davey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marvin Loiseau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jendayi Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Borden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yi-Chin Chen (Executive Director)
  • Compensation: $129,978
  • Related: $0
  • Other: $0


Official website here: www.friendsboston.org

Where can I find the form 990 for Friends Of The Children - Boston Inc?

Friends Of The Children - Boston Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendsboston.org

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

Mission Statement of Friends Of The Children - Boston Inc

Friends of the Children - Boston Inc aims to bring about generational change by empowering youth who are facing substantial challenges. Through the establishment of 12+ year-long, unwavering mentorship relationships, this nonprofit organization strives to uplift these young individuals, regardless of the obstacles they may encounter. The organization's mission is grounded in the belief in the inherent potential of these youth, whom they refer to as 'Achievers.' The ultimate goal for these Achievers is to complete high school and excel in higher education. Friends of the Children - Boston Inc's program encompasses comprehensive mentoring and advocacy support, providing 20 hours of assistance each month.

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Impact




August, 2024

Friends Of The Children - Boston Inc is impacting generational change by empowering youth who are facing the greatest obstacles through relationships with professional mentors for 12+ years, no matter what. They engage children from high-risk communities in 12 1/2 years of transformative mentoring relationships, with the goal of seeing these children graduate from high school and succeed in college. Their program consists of 20 hours a month of comprehensive mentoring and advocacy support.




This information is meant to be a general summary of Friends Of The Children - Boston 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
$5,201,483 (2022)
Expenses
$2,196,591 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,738
  • Gross Receipts: $5,312,984

Assets and Liabilities:

  • Total Assets: $5,014,362
  • Total Liabilities: $171,399
  • Net Assets: $4,842,963

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Organization Details

Founding Year

2004

Principal Officer

Yi-Chin Chen

Main Address

184 DUDLEY STREET, BOSTON, MA, 02119

NTEE Category

Code: P30 - Human services

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