Overview
What is Friendship-West Faith Formula?
Friendship-West Faith Formula is a nonprofit organization situated in Dallas, Texas, with a focus on assisting individuals and families in need. Their mission is to identify and address their social and human necessities, aiming to empower them towards self-improvement and transformation of their current situation. This is achieved through various services, including providing groceries, clothing, assistance with utility bills, and aid for rental and mortgage payments. In 2021, the organization played a crucial role in helping families who were at risk of losing their homes due to financial struggles, particularly in relation to mortgage or rent payments. With a team of three dedicated individuals, Faith Formula Human Services continues to offer support and empowerment to those in need.
Official website here: www.faithformula.org
What do the Facebook reviews say about Friendship-West Faith Formula?
While still early in its ratings journey, the sentiment surrounding Friendship-West Faith Formula appears positive based on the limited feedback available. A reviewer highlighted the organization's genuine commitment to serving the community, emphasizing their extensive efforts in providing essential services such as food, clothing, and financial assistance.
This review reflects a strong belief in the nonprofit's mission to improve the lives of individuals and families, suggesting they are making a significant impact in their community. As more individuals share their experiences, it's likely that these positive sentiments will continue to grow, showcasing the organization's dedication to its cause.
This AI summary has been generated from reviews found on Facebook.
Is Friendship-West Faith Formula legitimate?
Friendship-West Faith Formula is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship-West Faith Formula 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: $239,225
For more financial information, click here
Official website here: www.faithformula.org
What is the mission statement of Friendship-West Faith Formula?
The non-profit organization, Faith Formula Human Services, is committed to assisting individuals and families in need. Their mission involves providing essential services and evaluating their social and human needs to empower them towards self-improvement and transformation of their current conditions. Through their initiatives, they offer assistance with basic necessities such as groceries, clothing, utility bills, and mortgage or rental payments. In 2021, they played a crucial role in preventing families from losing their homes due to financial struggles by providing mortgage/rent assistance.
Official website here: www.faithformula.org
What is the revenue of Friendship-West Faith Formula?
Friendship-West Faith Formula's revenue in 2021 was $861,787.
Official website here: www.faithformula.org
Who are the executives of Friendship-West Faith Formula and what are their salaries?
The average compensation at Friendship-West Faith Formula during 2021 was $79,742. There are 3 employees and 40 volunteers at Friendship-West Faith Formula.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.faithformula.org
Where can I find the form 990 for Friendship-West Faith Formula?
Friendship-West Faith Formula's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.faithformula.org
Learn more at the official website: www.faithformula.org
Mission Statement of Friendship-West Faith Formula
Friendship-West Faith Formula is a non-profit organization with a mission centered around providing assistance to individuals and families in need. Their goal is to evaluate and address the social and human necessities of these individuals, aiming to empower them towards self-improvement and transformation of their current condition. The organization achieves this by offering a variety of services, including providing groceries, clothing, assistance with utility bills, and help with mortgage and rental payments. During the year 2021, Faith Formula played a crucial role in preventing families from losing their homes due to financial struggles, as they provided much-needed mortgage/rent assistance.
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Impact
October, 2024
The Friendship-West Faith Formula significantly impacts the community by addressing urgent social and human needs, empowering individuals and families toward self-improvement and transformation. By providing essential services such as groceries, clothing, and critical assistance with utility bills and rental or mortgage payments, it plays a crucial role in preventing homelessness and alleviating poverty.
In 2021 alone, the organization helped families on the brink of losing their homes by meeting their financial needs, showcasing its effectiveness in fostering stability. This support not only addresses immediate challenges but also encourages long-term empowerment, helping individuals to improve their circumstances and build a better future. Through its efforts, the Faith Formula cultivates a sense of community, resilience, and hope among those it serves in Dallas, TX.
This information is meant to be a general summary of Friendship-West Faith Formula. 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 2021.
- Investment Income: $5
- Gross Receipts: $861,787
Assets and Liabilities:
- Total Assets: $296,404
- Total Liabilities: $3,874
- Net Assets: $292,530
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Organization Details
Founding Year
2007
Principal Officer
Dr Frederick D Haynes Iii
Website
www.faithformula.orgNTEE Category
Code: X11 - Religion related
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