Overview
What is Fairfields Inc?
Fairfields Inc is a non-profit organization located in Hermitage, Pennsylvania. Its primary mission is to provide a residential setting for individuals with cognitive and intellectual disabilities, offering them a secure and compassionate living environment. The housing provided by Fairfields Inc aims to enhance the quality of life for its residents, by offering them exposure to nature and opportunities for exercise within an urban setting. The organization's activities extend beyond basic care, as they strive to create a holistic living experience that caters to the overall well-being of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Stars)
Fairfields Inc has received a Two-Star rating from Charity Navigator, indicating room for improvement in its overall operations and financial practices. The organization demonstrates strong accountability measures, with a fully independent board and a robust conflict of interest policy. However, the financial health of the nonprofit is concerning, particularly with a liabilities to assets ratio of 107.81%, suggesting potential instability.
Strengths of Fairfields Inc include its high scores in governance, such as having all board members independent and effectively documenting board meeting minutes. The program expense ratio is also commendable at 69.92%, indicating that a significant portion of expenditures is directed towards its mission-driven programs. These positives reflect a commitment to transparency and responsible management.
However, the low score in the liabilities to assets ratio raises questions about the organization's fiscal sustainability. This financial challenge could affect its ability to maintain or grow its services in the future. As such, while Fairfields Inc has notable strengths in governance and program spending, it must address its financial health to enhance its overall effectiveness and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Fairfields Inc legitimate?
Fairfields Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairfields 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: $12,395
For more financial information, click here
What is the mission statement of Fairfields Inc?
Fairfields Inc's mission is centered around providing homes for individuals with cognitive and intellectual disabilities in an urban setting. The organization aims to create a living environment that combines care, security, and compassion, while also allowing residents to enjoy their surroundings through exposure to nature and exercise. Their goal is to build homes that cater to the needs of these individuals, offering them a high quality of life. Currently, they are operating a 4-unit residential building dedicated to this cause.
Who is the CEO of Fairfields Inc?
Tom Burich is the Board Member of Fairfields Inc.
What is the revenue of Fairfields Inc?
Fairfields Inc's revenue in 2023 was $35,471.
Who are the executives of Fairfields Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Fairfields Inc?
Fairfields Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fairfields Inc
Fairfields Inc, a non-profit organization, is dedicated to building homes for individuals with cognitive and intellectual disabilities in an urban residence setting. The mission of Fairfields Inc is to provide a nurturing environment that combines care, security, and compassion alongside exposure to nature and exercise. By creating homes that cater specifically to this population, Fairfields Inc aims to offer these individuals the opportunity to enjoy their surroundings and fully live their lives. The organization operates a 4-unit residential building where residents can call home.
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Impact
June, 2024
Fairfields Inc has a significant impact on the lives of individuals with cognitive and intellectual disabilities in an urban residence setting. By operating a 4-unit residential building specifically designed for these individuals, Fairfields Inc provides a supportive environment where residents receive care, security, and compassion. The organization's focus on exposure to nature and exercise helps residents enjoy their surroundings and promotes their overall well-being. Fairfields Inc's mission to build homes for individuals with cognitive and intellectual disabilities emphasizes the importance of providing a nurturing and inclusive living space for this vulnerable population.
This information is meant to be a general summary of Fairfields 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 2023.
- Investment Income: $30
- Program Service Revenue: $35,441
- Gross Receipts: $35,471
Assets and Liabilities:
- Total Assets: $376,864
- Total Liabilities: $406,310
- Net Assets: -$29,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSIST PAYMENTS
Revenue
$21,664
RENT REVENUE
Revenue
$19,136
APARTMENT VACANCIES
Revenue
-$5,359
Organization Details
Founding Year
2006
Phone
(724) 981-2950Principal Officer
Tom Burich
Main Address
850 N HERMITAGE RD, HERMITAGE, PA, 16148
NTEE Category
Code: F33 - Mental health
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