Overview
What is Faith Friendship Ministries Inc?
Faith Friendship Ministries Inc, a nonprofit based in Mountville, Pennsylvania, focuses on supporting adults with various needs. They provide housing and aid in developing essential life skills in a nurturing environment that embodies God's love as expressed through Jesus Christ. The organization holds a special interest in assisting individuals with limited or modest financial resources, particularly those dealing with mental health issues. By creating an encouraging, family-like atmosphere, Faith Friendship Ministries Inc aims to empower its residents, fostering their overall well-being. The organization currently employs 34 individuals.
Official website here: www.faithfriendship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 65%)
Faith Friendship Ministries Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement within its operations. The organization scored 65% overall, reflecting a solid program expense ratio of 93.02%, which suggests that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, it scored well on governance factors, showing that it has a majority of independent board members and has established policies for conflict of interest and financial accountability.
However, several critical areas highlight the organization's limitations. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about transparency and governance practices. Furthermore, the nonprofit does not post its tax form on its website, which could limit public access to important financial information. The liabilities to assets ratio of 60.09% also points to potential financial risk, suggesting that the organization may face challenges in managing its obligations effectively.
Overall, while Faith Friendship Ministries Inc demonstrates strong commitment in directing funds towards its mission, it would benefit from enhancing its governance policies and improving its financial transparency. Addressing these issues could significantly bolster its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Faith Friendship Ministries Inc legitimate?
Faith Friendship Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Friendship Ministries 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: $90,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $744,579
For more financial information, click here
Official website here: www.faithfriendship.org
What is the mission statement of Faith Friendship Ministries Inc?
Faith Friendship Ministries Inc, as a nonprofit, Christian organization, aims to provide housing and essential services for adults with limited financial resources, particularly those with mental health needs. The corporation operates in an environment that conveys God's love expressed through Jesus Christ, striving to create a supportive and encouraging, family-like atmosphere. Their mission is to assist individuals in developing basic life skills, placing a significant focus on those who require assistance.
Official website here: www.faithfriendship.org
Who is the CEO of Faith Friendship Ministries Inc?
Diane Adams is the Executive Di of Faith Friendship Ministries Inc.
Official website here: www.faithfriendship.org
What is the revenue of Faith Friendship Ministries Inc?
Faith Friendship Ministries Inc's revenue in 2022 was $1,810,201.
Official website here: www.faithfriendship.org
Who are the executives of Faith Friendship Ministries Inc and what are their salaries?
The average compensation at Faith Friendship Ministries Inc during 2022 was $24,552. There are 34 employees at Faith Friendship Ministries Inc.
Here are 9 key members and their salaries:
- Compensation: $65,797
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- Other: $0
- Compensation: $24,405
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.faithfriendship.org
Where can I find the form 990 for Faith Friendship Ministries Inc?
Faith Friendship Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.faithfriendship.org
Learn more at the official website: www.faithfriendship.org
Mission Statement of Faith Friendship Ministries Inc
Faith Friendship Ministries Inc, a nonprofit Christian corporation, is dedicated to providing housing and essential services to adults who require assistance in managing basic life skills. This organization operates in an atmosphere that embodies God's love, as expressed through Jesus Christ. Faith Friendship Ministries Inc places a considerable emphasis on assisting individuals with limited or modest financial resources, particularly those dealing with mental health issues. The corporation strives to create a nurturing, family-like environment, offering a supportive and encouraging atmosphere for its residents.
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Impact
October, 2024
Faith Friendship Ministries Inc profoundly impacts the community by providing essential housing and support services to adults who need assistance with basic life skills. By creating an environment that embodies God's love through Jesus Christ, the organization not only addresses the physical needs of its residents but also fosters their emotional, social, and spiritual well-being.
Particularly focused on individuals with limited financial resources and those facing mental health challenges, Faith Friendship Ministries adopts a family-like atmosphere that encourages personal growth and resilience. This supportive environment helps residents develop essential life skills, empowering them to lead more independent and fulfilling lives. Through its comprehensive approach, Faith Friendship Ministries serves as a beacon of hope, illustrating the power of compassion and community support in transforming lives.
This information is meant to be a general summary of Faith Friendship Ministries 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: $48,750
- Program Service Revenue: $1,027,624
- Gross Receipts: $1,891,493
Assets and Liabilities:
- Total Assets: $1,089,152
- Total Liabilities: $654,478
- Net Assets: $434,674
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,027,624
Organization Details
Founding Year
2001
Phone
(717) 285-5596Principal Officer
Diane Adams
Main Address
128 WEST MAIN ST PO BOX 567, MOUNTVILLE, PA, 17554
Website
www.faithfriendship.orgNTEE Category
Code: E91 - Health
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