Overview
What is Neighbors In Need Inc?
Neighbors In Need Inc is a nonprofit organization committed to addressing food insecurity. Their primary mission is to gather basic food items and distribute them to individuals in need, irrespective of any means testing or assessments. Their purpose is straightforward and compassionate: to provide sustenance to those who lack the means to obtain it themselves. By offering food without any preconditions, Neighbors In Need Inc aims to alleviate hunger and help those in need maintain their daily lives.
Official website here: www.needfood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Neighbors In Need Inc has received an overall score of 88%, which reflects a strong performance in the Accountability & Finance category. The charity boasts a fully independent board and demonstrates strong financial oversight, as evidenced by a perfect score for its Audit and Oversight Committee. With a high program expense ratio of 86.45%, it appears that the organization allocates a significant portion of its resources directly to its programs.
While the organization excels in many areas, there are some limitations noted in the findings. Specifically, there are missing policies for conflict of interest and whistleblower protections, which could raise concerns regarding governance practices. However, the overall financial health is solid, with a low liabilities to assets ratio of 12.09%, indicating good financial stability.
In summary, Neighbors In Need Inc shows a commitment to accountability and effective financial management, making it a trustworthy option for donations. Prospective donors may want to consider the missing governance policies when making their giving decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Neighbors In Need Inc legitimate?
Neighbors In Need Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighbors In Need 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: $66,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,990
For more financial information, click here
Official website here: www.needfood.org
What is the mission statement of Neighbors In Need Inc?
Neighbors In Need Inc's mission is centered around providing essential assistance to individuals in need. The organization collects basic food items and distributes them freely, without any means testing or assessments. This mission is carried out with the primary objective of ensuring that those who are currently lacking access to food receive the necessary nourishment. Neighbors In Need Inc is committed to providing food to those in need, aiming to alleviate hunger and contribute to the well-being of their community.
Official website here: www.needfood.org
Who is the CEO of Neighbors In Need Inc?
Linda Zimmerman is the Executive D of Neighbors In Need Inc.
Official website here: www.needfood.org
What is the revenue of Neighbors In Need Inc?
Neighbors In Need Inc's revenue in 2022 was $621,646.
Official website here: www.needfood.org
Who are the executives of Neighbors In Need Inc and what are their salaries?
The average compensation at Neighbors In Need Inc during 2022 was $33,029. There are 10 employees and 200 volunteers at Neighbors In Need Inc.
Here are 10 key members and their salaries:
- Compensation: $66,300
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Official website here: www.needfood.org
Where can I find the form 990 for Neighbors In Need Inc?
Neighbors In Need Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.needfood.org
Learn more at the official website: www.needfood.org
Mission Statement of Neighbors In Need Inc
Neighbors In Need Inc, a nonprofit organization, is dedicated to addressing food insecurity in their community. Their mission is centered around collecting essential food items and distributing them to individuals in need, regardless of the reason behind their lack of resources. This philanthropic endeavor aims to provide food to those who are currently without it, without the need for means testing or assessments. Essentially, Neighbors In Need Inc serves as a vital source of sustenance for those in need, ensuring that no one goes hungry due to lack of resources.
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Impact
July, 2024
Neighbors In Need Inc's impact is evident in the community of Lawrence, MA. By collecting basic food items and distributing them to people in need without any means testing or assessments, they are able to provide essential nourishment to those facing food insecurity. This simple yet impactful mission directly addresses the immediate needs of individuals struggling to access an adequate supply of food, ensuring that they have a source of sustenance during challenging times. Through their efforts, Neighbors In Need Inc contributes to alleviating hunger and supporting the well-being of those in need within the community.
This information is meant to be a general summary of Neighbors In Need 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.
- Investment Income: $99
- Gross Receipts: $621,743
Assets and Liabilities:
- Total Assets: $560,943
- Total Liabilities: $67,865
- Net Assets: $493,078
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Organization Details
Founding Year
1985
Phone
(978) 685-8321Principal Officer
Linda Zimmerman
Main Address
PO BOX 447, LAWRENCE, MA, 01842
Website
www.needfood.orgNTEE Category
Code: K31Z - Food
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