Overview
What is Friends Of Families With Children In Crisis Foundation?
Friends of Families with Children in Crisis Foundation is a nonprofit organization situated in Chicago, Illinois. Originally known as the Friends of CEDU Foundation, their primary mission has been to provide financial assistance to students with emotional and psychological challenges, enabling them to attend or continue their education at specialized schools. As per recent changes, the foundation no longer offers direct tuition assistance but instead grants funds to charitable organizations that share its mission. The foundation's main objective continues to support students with unique needs, ensuring they have access to necessary education and resources.
Official website here: www.friendsoffamilies.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Friends Of Families With Children In Crisis Foundation has received a low overall score of 56%, primarily due to issues in its accountability and finance practices. While it scores well in certain areas such as having an independent board and a high program expense ratio, significant shortcomings in governance policies, such as the absence of a conflict of interest policy and a whistleblower policy, have negatively impacted its rating.
The organization does have strengths, notably its strong commitment to program expenses, with 95.30% of its expenditures directed towards its programs. This indicates a focus on investing in its mission to assist families in crisis. However, the lack of transparency measures, such as not posting its tax form on its website, raises concerns about accountability and trustworthiness.
In summary, while the Friends Of Families With Children In Crisis Foundation demonstrates a commitment to its mission through program funding, its governance deficiencies and low accountability score present serious limitations that potential donors and supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Families With Children In Crisis Foundation legitimate?
Friends Of Families With Children In Crisis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Families With Children In Crisis Foundation 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: $0
For more financial information, click here
Official website here: www.friendsoffamilies.org
What is the mission statement of Friends Of Families With Children In Crisis Foundation?
The Friends of Families with Children in Crisis Foundation, previously known as the Friends of CEDU Foundation, initially offered financial aid to students facing emotional and psychological challenges, who were enrolled or seeking admission to specialized schools designed to provide education for such students. However, starting from 2021, the foundation ceased providing direct tuition assistance and instead started granting funds to charitable organizations whose missions align with its own. The foundation's mission is centered around supporting organizations that share its goal of assisting children with emotional and psychological challenges.
Official website here: www.friendsoffamilies.org
What is the revenue of Friends Of Families With Children In Crisis Foundation?
Friends Of Families With Children In Crisis Foundation's revenue in 2023 was $4,471.
Official website here: www.friendsoffamilies.org
Who are the executives of Friends Of Families With Children In Crisis Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.friendsoffamilies.org
Where can I find the form 990 for Friends Of Families With Children In Crisis Foundation?
Friends Of Families With Children In Crisis Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendsoffamilies.org
Learn more at the official website: www.friendsoffamilies.org
Mission Statement of Friends Of Families With Children In Crisis Foundation
The Friends of Families with Children in Crisis Foundation, previously known as the Friends of CEDU Foundation, initially offered financial assistance to underprivileged students seeking education at institutions specifically designed for emotionally and psychologically challenged individuals. However, starting from the year 2021, the foundation has shifted its approach and now provides grants to other charitable organizations that share its mission. These organizations aim to support students facing similar challenges, thereby continuing the foundation's commitment to assisting children in need. The Friends of Families with Children in Crisis Foundation's new strategy reflects its ongoing dedication to improving the lives of emotionally and psychologically vulnerable students.
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Impact
August, 2024
Friends Of Families With Children In Crisis Foundation has a significant impact on needy students seeking education at schools designed for emotionally and psychologically challenged students. While the foundation previously provided direct financial assistance to these students, it has now shifted its focus to making grants to other charitable organizations with aligned missions. This change enables the foundation to continue supporting educational initiatives for this vulnerable student population, albeit through a different approach. The foundation's work plays a crucial role in helping these students access the specialized education and support they need to thrive.
This information is meant to be a general summary of Friends Of Families With Children In Crisis Foundation. 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: $5,586
- Gross Receipts: $92,952
Assets and Liabilities:
- Total Assets: $267,357
- Total Liabilities: $143,160
- Net Assets: $124,197
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Organization Details
Founding Year
2006
Principal Officer
Howard J Swibel
Website
www.friendsoffamilies.orgNTEE Category
Code: T30 - Philanthropy
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