Overview
What is Federation Of Neighborhood Centers?
The Federation of Neighborhood Centers (FNC) is a nonprofit organization dedicated to supporting the well-being of families and individuals. Based on the information provided, their mission is to assist children, youth, and families in achieving self-sufficiency. They accomplish this through various initiatives, including youth development programs that provide paid work experiences. FNC and its affiliate, FNC Philly, are actively involved in these efforts, working tirelessly to empower their community members.
Official website here: www.fncphilly.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Federation of Neighborhood Centers has achieved a high overall score of 96%, reflecting strong accountability and financial management. With a Program Expense Ratio of 87.26%, the organization demonstrates a commitment to directing funds toward its services. Notably, it has a 100% independent board, ensuring robust governance and oversight of its operations.
Strengths highlighted include a perfect score in culture and community, indicating a positive organizational environment that values input from constituents. The organization excels in collecting and using feedback, achieving 100% in these areas, which suggests that it effectively incorporates stakeholder perspectives into its operations. Furthermore, the lack of material diversion of assets and a well-defined conflict of interest policy contribute to its high standards of transparency.
While the Federation of Neighborhood Centers shows strong financial health, with a low liabilities to assets ratio of 16.72%, the working capital ratio of 0.69 years may point to a need for improved financial liquidity. Overall, the organization is recognized for its strong ethical practices and community engagement, though ongoing attention to financial stability could further enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Of Neighborhood Centers legitimate?
Federation Of Neighborhood Centers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Of Neighborhood Centers 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: $132,836
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,725,450
For more financial information, click here
Official website here: www.fncphilly.org
What is the mission statement of Federation Of Neighborhood Centers?
The Federation of Neighborhood Centers (FNC) is dedicated to assisting children, youth, families, and individuals in achieving self-sufficiency. This organization supports this mission through various means, including providing resources and programs that foster self-sufficiency for families. In addition, FNC offers youth development programs that offer paid work experiences, providing practical skills and opportunities for young individuals.
Official website here: www.fncphilly.org
What is the revenue of Federation Of Neighborhood Centers?
Federation Of Neighborhood Centers's revenue in 2023 was $4,761,323.
Official website here: www.fncphilly.org
Who are the executives of Federation Of Neighborhood Centers and what are their salaries?
The average compensation at Federation Of Neighborhood Centers during 2023 was $15,358. There are 121 employees and 55 volunteers at Federation Of Neighborhood Centers.
Here are 13 key members and their salaries:
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Official website here: www.fncphilly.org
Where can I find the form 990 for Federation Of Neighborhood Centers?
Federation Of Neighborhood Centers's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fncphilly.org
Learn more at the official website: www.fncphilly.org
Mission Statement of Federation Of Neighborhood Centers
The Federation of Neighborhood Centers (FNC) is dedicated to supporting children, youth, families, and individuals in their journey towards self-sufficiency. This nonprofit organization, through its branches FNC and FNC Philly, focuses on empowering families and providing youth development programs that offer paid work experiences. By doing so, FNC aims to foster self-sufficiency and equip individuals with the necessary skills to lead independent lives.
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Impact
October, 2024
Federation Of Neighborhood Centers plays a crucial role in fostering self-sufficiency for children, youth, families, and individuals in Philadelphia. By providing targeted support and resources, it empowers families to overcome challenges and work towards a stable and independent future.
The organization places a strong emphasis on youth development, offering programs that include paid work experiences. These initiatives not only cultivate essential skills in young people but also enhance their confidence and readiness for future employment. Through its comprehensive approach, Federation Of Neighborhood Centers significantly impacts the community by promoting resilience and providing pathways for advancement for those it serves.
This information is meant to be a general summary of Federation Of Neighborhood Centers. 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.
- Program Service Revenue: $496,154
- Gross Receipts: $4,761,323
Assets and Liabilities:
- Total Assets: $1,729,927
- Total Liabilities: $460,752
- Net Assets: $1,269,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES AND FEES
Revenue
$496,154
Organization Details
Founding Year
1906
Principal Officer
Michael Harbison
Website
www.fncphilly.orgNTEE Category
Code: O500 - Youth development
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