Overview
What is Faith Acres Foundation Inc?
Faith Acres Foundation Inc, established in Island Lake, Illinois, is a nonprofit organization dedicated to alleviating distress among the needy. Their primary mission involves offering essential support, encompassing food, clothing, and household items. Beyond material aid, they extend spiritual and emotional help to those in need. Their activities are geared towards uplifting the less fortunate, thereby contributing positively to their overall wellbeing.
Official website here: www.faitha.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 85% - Three-Star out of Four Star rating.
Faith Acres Foundation Inc has achieved a commendable 85% rating, indicating a solid level of accountability and financial health. The charity demonstrates exceptional governance practices, with a fully independent board and strong oversight measures in place. This includes comprehensive financial audits and clear policies on conflicts of interest and whistleblowing, which contribute to the organization’s integrity.
Despite these strengths, the overall financial efficiency is somewhat concerning, particularly in the area of fundraising efficiency. The charity received a score of zero in this category, suggesting that fundraising efforts may not be as effective as they could be. Additionally, the working capital ratio also scored zero, potentially indicating challenges in managing liquid assets.
In summary, while Faith Acres Foundation Inc exhibits strong governance and financial accountability, there are notable areas for improvement in fundraising and asset management. Prospective donors may want to consider these factors when evaluating the organization's overall effectiveness and mission impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Faith Acres Foundation Inc?
4 individuals have shared their thoughts about Faith Acres Foundation Inc on Facebook, and all seem to hold a positive view of the organization. One reviewer highlighted their commitment to loving and supporting others generously and selflessly, indicating that the nonprofit makes a significant impact in its community.
While there are only a few reviews, the enthusiasm suggests that the foundation is recognized for its dedication and sacrificial help. Such sentiments reflect a strong appreciation for the organization’s mission and actions.
In summary, the reviews convey that Faith Acres Foundation Inc is regarded highly for its compassionate approach and support to those in need. Those who have interacted with the nonprofit feel it truly embodies its values and serves with care.
This AI summary has been generated from reviews found on Facebook.
Is Faith Acres Foundation Inc legitimate?
Faith Acres Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Acres Foundation 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: $0
For more financial information, click here
Official website here: www.faitha.org
What is the mission statement of Faith Acres Foundation Inc?
The Faith Acres Foundation Inc's mission is centered around alleviating the distress of the less fortunate. They strive to provide essential human sustenance, alongside spiritual and emotional support, to those in need. In practice, this mission translates into the distribution of donated food, clothing, and household goods to individuals who are struggling financially.
Official website here: www.faitha.org
Who is the CEO of Faith Acres Foundation Inc?
Jefferson Clow is the President of Faith Acres Foundation Inc.
Official website here: www.faitha.org
What is the revenue of Faith Acres Foundation Inc?
Faith Acres Foundation Inc's revenue in 2022 was $2,937,208.
Official website here: www.faitha.org
Who are the executives of Faith Acres Foundation Inc and what are their salaries?
There 75 volunteers at Faith Acres Foundation Inc.
Here are 8 key members and their salaries:
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Official website here: www.faitha.org
Where can I find the form 990 for Faith Acres Foundation Inc?
Faith Acres Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.faitha.org
Learn more at the official website: www.faitha.org
Mission Statement of Faith Acres Foundation Inc
Faith Acres Foundation Inc is dedicated to alleviating the struggles of impoverished and vulnerable individuals. Their mission, in essence, is to provide essential human sustenance, alongside spiritual and emotional support. The organization achieves this by distributing donated food, clothing, and household items to those in need.
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Impact
October, 2024
Faith Acres Foundation Inc provides vital support to those in need by addressing both immediate material requirements and emotional well-being. By distributing food, clothing, and household goods, the organization helps to relieve the distress experienced by the poor and needy in Island Lake, IL. Their mission encompasses not only the provision of basic human sustenance but also offers spiritual and emotional support, fostering a sense of community and hope among those they serve. Through these efforts, Faith Acres Foundation Inc plays a critical role in uplifting individuals and families, alleviating hardship, and encouraging a more supportive network for vulnerable populations.
This information is meant to be a general summary of Faith Acres Foundation 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.
- Gross Receipts: $2,937,963
Assets and Liabilities:
- Total Assets: $213,882
- Total Liabilities: $27,772
- Net Assets: $186,110
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Organization Details
Founding Year
2006
Phone
(815) 669-0188Principal Officer
Jefferson Clow
Main Address
PO BOX 623, ISLAND LAKE, IL, 600420623
Website
www.faitha.orgNTEE Category
Code: X20 - Religion related
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