Overview
What is Parents Support Group-New Jersey Inc?
Parents Support Group-New Jersey Inc is a nonprofit organization situated in Little Falls, New Jersey, with an address at 14 Stone Ridge Court. Their primary mission is to provide support and education to the parents and loved ones of individuals struggling with substance abuse disorders. Through grants, they contribute to organizations dedicated to addiction prevention and treatment. The organization's activities revolve around offering assistance and knowledge to those navigating the challenges that come with substance abuse, aiming to foster a supportive community and promote healing.
Official website here: www.parentssupportgroupnj.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall score: 63%, earning a Two-Star out of Four Star rating. The rating indicates that while the Parents Support Group-New Jersey Inc shows strengths in areas such as having an independent board and no material diversion of assets, there are significant gaps in accountability and financial transparency.
The organization scored full points for having a majority of independent board members and a solid liabilities to assets ratio, which reflects fiscal responsibility. However, there are notable areas of concern, including the absence of key policies like conflict of interest and whistleblower policies, which are critical for governance and accountability. Additionally, the organization’s website is missing essential documents such as the tax form and policies related to document retention.
The program expense ratio of 62.37% suggests that while a substantial portion of funds is directed towards programs, the lack of financial transparency and missing documents on the website could raise concerns for potential donors. Overall, while the organization has established a strong governance structure, it must address the identified weaknesses to improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Parents Support Group-New Jersey Inc legitimate?
Parents Support Group-New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parents Support Group-New Jersey 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.parentssupportgroupnj.com
What is the mission statement of Parents Support Group-New Jersey Inc?
Parents Support Group-New Jersey Inc's mission is centered around providing support and education to the parents and loved ones of individuals struggling with substance abuse disorder. Their primary goal is to empower these families through knowledge and resources, aiming to foster a more understanding and supportive environment. The organization also provides financial assistance to organizations that focus on addiction prevention and treatment, demonstrating their commitment to addressing the issue from various angles.
Official website here: www.parentssupportgroupnj.com
What is the revenue of Parents Support Group-New Jersey Inc?
Parents Support Group-New Jersey Inc's revenue in 2023 was $25,085.
Official website here: www.parentssupportgroupnj.com
Who are the executives of Parents Support Group-New Jersey Inc and what are their salaries?
There 12 volunteers at Parents Support Group-New Jersey Inc.
Here are 6 key members and their salaries:
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Official website here: www.parentssupportgroupnj.com
Where can I find the form 990 for Parents Support Group-New Jersey Inc?
Parents Support Group-New Jersey Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.parentssupportgroupnj.com
Learn more at the official website: www.parentssupportgroupnj.com
Mission Statement of Parents Support Group-New Jersey Inc
Parents Support Group-New Jersey Inc is an organization dedicated to providing support and education to the parents and loved ones of individuals struggling with substance abuse disorder. Their mission is to offer assistance and knowledge to those navigating the challenging journey of substance abuse, aiming to empower and equip them with the necessary resources to cope and heal. By granting funds to organizations that focus on addiction prevention and treatment, Parents Support Group-New Jersey Inc plays a crucial role in supporting families impacted by substance abuse, fostering a community of understanding and care.
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Impact
August, 2024
Parents Support Group-New Jersey Inc impacts the community by providing support and education to parents and loved ones of individuals struggling with substance abuse disorder in New Jersey. Through their work, they help families cope with the challenges of addiction and access resources for prevention and treatment. Their efforts contribute to addressing addiction-related issues and supporting families in navigating the complexities of substance abuse.
This information is meant to be a general summary of Parents Support Group-New Jersey 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: $26,708
- Gross Receipts: $278,745
Assets and Liabilities:
- Total Assets: $590,554
- Total Liabilities: $0
- Net Assets: $590,554
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Organization Details
Founding Year
1990
Principal Officer
Cheryl Sherry
NTEE Category
Code: I40Z - Crime
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