Overview
What is Nfi Massachusetts Inc?
Nfi Massachusetts Inc is a nonprofit organization dedicated to empowering individuals and families in Massachusetts to reach their full potential in community living. They partner and collaborate, offering community-based services that include teaching, coaching, and relationship-building. Nfi Massachusetts focuses on supporting learning and change, and their mission encompasses maximizing the promise of community living for youth, adults, and families.
Official website here: www.nfima.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
Nfi Massachusetts Inc has achieved an impressive Four-Star rating on Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored 96% based on a comprehensive evaluation of its financial practices, demonstrating effective management and oversight. This high rating is primarily attributed to its perfect scores in key areas such as independent board governance and the presence of essential policies for conflict of interest and whistleblower protections.
The nonprofit's strong financial health is highlighted by a program expense ratio of 87.86%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has established a solid framework for accountability, with no reported material diversions of assets and a well-documented retention policy. This underscores the organization’s reliability and responsible stewardship of donor funds.
While the organization excels in many areas, potential donors and supporters may want to consider that the rating is solely based on financial metrics. Further qualitative insights into its programs and community impact might be beneficial for a more holistic understanding of its effectiveness. Nonetheless, Nfi Massachusetts Inc stands out as a highly reputable nonprofit, demonstrating a commendable commitment to its mission and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Nfi Massachusetts Inc legitimate?
Nfi Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nfi Massachusetts 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: $17,498,681
For more financial information, click here
Official website here: www.nfima.org
What is the mission statement of Nfi Massachusetts Inc?
NFI Massachusetts Inc is dedicated to helping individuals and families reach their full potential in community living. Through partnership and collaboration, they offer supportive services that facilitate learning and change. Their approach emphasizes teaching, coaching, and relationship-building to maximize the potential of those they serve. The organization aims to empower individuals to achieve the promise of community living and improve their quality of life.
Official website here: www.nfima.org
Who is the CEO of Nfi Massachusetts Inc?
Pamela Rocha is the Chairman & Director of Nfi Massachusetts Inc.
Official website here: www.nfima.org
What is the revenue of Nfi Massachusetts Inc?
Nfi Massachusetts Inc's revenue in 2022 was $30,466,522.
Official website here: www.nfima.org
Who are the executives of Nfi Massachusetts Inc and what are their salaries?
The average compensation at Nfi Massachusetts Inc during 2022 was $28,499. There are 614 employees and 8 volunteers at Nfi Massachusetts Inc.
Here are 16 key members and their salaries:
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- Related: $184,155
- Other: $21,625
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- Related: $141,101
- Other: $23,607
- Compensation: $138,936
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- Compensation: $136,244
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- Other: $8,653
- Compensation: $115,014
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- Other: $13,650
- Compensation: $105,441
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- Other: $9,753
- Compensation: $119,757
- Related: $0
- Other: $10,151
Official website here: www.nfima.org
Where can I find the form 990 for Nfi Massachusetts Inc?
Nfi Massachusetts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nfima.org
Learn more at the official website: www.nfima.org
Mission Statement of Nfi Massachusetts Inc
NFI Massachusetts, a dedicated community-based organization, strives to unlock the full potential of individuals and families. By partnering and collaborating closely, NFI Massachusetts offers essential support, enabling learning and facilitating change through a combination of teaching, coaching, and building meaningful relationships. The organization's ultimate goal is to help those it serves navigate their unique paths to community living, fostering an environment where they can truly thrive.
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Impact
October, 2024
NFI Massachusetts Inc significantly impacts the community by providing essential services that empower youth, adults, and families. Their focus on maximizing individual potential fosters a sense of belonging and encourages self-sufficiency. Through community-based programs, they support learning and transformation by emphasizing teaching, coaching, and relationship-building.
By partnering and collaborating with individuals and families, NFI Massachusetts Inc creates tailored solutions that address the unique needs of the people they serve. This personalized approach not only fosters resilience but also promotes emotional and social well-being. The organization’s dedication to nurturing supportive environments helps bridge gaps in resources and ensures that community members can thrive and achieve their goals, ultimately enhancing the overall quality of life in Danvers and beyond.
This information is meant to be a general summary of Nfi Massachusetts 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: $64,423
- Program Service Revenue: $30,212,619
- Gross Receipts: $30,471,231
Assets and Liabilities:
- Total Assets: $13,585,039
- Total Liabilities: $4,875,345
- Net Assets: $8,709,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES/CONTRACTS FROM GOVERNMENT AG
Revenue
$30,212,619
Organization Details
Founding Year
1974
Phone
(978) 538-0286Principal Officer
Pamela Rocha
Main Address
300 ROSEWOOD DRIVE 101, DANVERS, MA, 01923
Website
www.nfima.orgNTEE Category
Code: P202 - Human services
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