Overview
What is Caring For Friends?
Caring For Friends, established in 1974, is a nonprofit organization based in Philadelphia, Pennsylvania. With a mission to offer food and companionship, they cater to seniors, children, adults, the homeless, and those residing in shelter within Greater Philadelphia. The organization operates as a food bank, prepared meals program, and Caring Kitchen, relying on a team of dedicated volunteers and a small staff. Volunteers play an integral role in sorting, preparing, packing, and delivering food items six days a week. The organization provides fresh, frozen, and shelf-stable food to faith-based and community organizations, enabling them to stock their pantries and sustain their food-sharing programs. With a staff of 46 individuals, Caring For Friends continues to make a profound impact in the lives of those in need.
Official website here: www.caringforfriends.org
What are the reviews and ratings of this charity?
Caring For Friends has received a Three-Star out of Four Star rating from Charity Navigator, with an overall score of 87%. This rating reflects the organization’s solid performance mainly in the area of Accountability & Finance. The organization has demonstrated high standards in various governance metrics, including having a majority independent board and solid audit practices, which contribute positively to their transparency and accountability.
Strengths of Caring For Friends include an impressive program expense ratio of 96.74%, indicating that a significant portion of their funds directly supports their programs. Additionally, the organization has implemented numerous best practices, such as a conflict of interest policy and whistleblower policy, further contributing to their high scores in governance. However, it's notable that the fundraising efficiency ratio is relatively low, which may indicate challenges in fundraising efforts compared to program expenses.
Unfortunately, there are no user reviews available from GreatNonprofits to provide insights into personal experiences or sentiments regarding the organization. This lack of user feedback limits a broader understanding of community perspectives on Caring For Friends.
This AI summary has been generated from information found on Charity Navigator.
Is Caring For Friends legitimate?
Caring For Friends is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caring For Friends 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $921,686
For more financial information, click here
Official website here: www.caringforfriends.org
What is the mission statement of Caring For Friends?
Caring For Friends, established in 1974, is a volunteer-driven organization that operates as a food bank, prepared meals program, and caring kitchen. Their primary mission is to provide food and companionship to seniors, children, adults, the homeless, and those in shelters within a greater Philadelphia area. Operating six days a week, their volunteers sort, prepare, pack, and deliver fresh, frozen, and shelf-stable food items to faith-based and community organizations. These organizations then utilize the food to stock their pantries and support their own food sharing programs.
Official website here: www.caringforfriends.org
Who is the CEO of Caring For Friends?
Vincent J Schiavone is the Chairman And of Caring For Friends.
Official website here: www.caringforfriends.org
What is the revenue of Caring For Friends?
Caring For Friends's revenue in 2022 was $9,778,245.
Official website here: www.caringforfriends.org
Who are the executives of Caring For Friends and what are their salaries?
The average compensation at Caring For Friends during 2022 was $22,754. There are 46 employees and 10000 volunteers at Caring For Friends.
Here are 6 key members and their salaries:
- Compensation: $125,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.caringforfriends.org
Where can I find the form 990 for Caring For Friends?
Caring For Friends's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caringforfriends.org
Learn more at the official website: www.caringforfriends.org
Mission Statement of Caring For Friends
Caring For Friends, established in 1974, is a volunteer-driven organization with a small staff that serves as a food bank, prepared meals program, and caring kitchen. Their mission, in simple terms, is to offer food and companionship to seniors, children, adults, the homeless, and those in shelter within the greater Philadelphia area. Caring For Friends volunteers play a significant role by sorting, preparing, packing, and delivering food six days a week. By doing so, they supply faith-based and community organizations with an assortment of fresh, frozen, and shelf-stable food, which they then use to stock their pantries and support their food sharing programs.
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Impact
October, 2024
Caring For Friends plays a vital role in addressing food insecurity and fostering community connections in Greater Philadelphia. By operating a food bank, a prepared meals program, and a caring kitchen, it ensures that seniors, kids, adults, the homeless, and those in shelters receive the nourishment and support they need.
Founded in 1974, the organization mobilizes a dedicated team of volunteers who sort, prepare, pack, and deliver food six days a week. This hands-on approach not only provides fresh, frozen, and shelf-stable food to faith-based and community organizations but also strengthens the social fabric by nurturing friendships and support networks among recipients.
The impact of Caring For Friends extends beyond just delivering meals; it creates a sense of belonging and compassion for individuals at risk of isolation or hardship. Through its efforts, many community members experience improved well-being, a sense of dignity, and a renewed hope in difficult times. By focusing on both food and friendship, Caring For Friends effectively enhances the quality of life for those it serves, making a significant difference in the lives of countless individuals and families.
This information is meant to be a general summary of Caring For Friends. 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: $116,772
- Gross Receipts: $9,793,995
Assets and Liabilities:
- Total Assets: $2,884,360
- Total Liabilities: $181,085
- Net Assets: $2,703,275
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Organization Details
Founding Year
1974
Phone
(215) 464-2224Principal Officer
Vincent J Schiavone
Main Address
12271 TOWNSEND ROAD, PHILADELPHIA, PA, 19154
Website
www.caringforfriends.orgNTEE Category
Code: K360 - Food
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