Overview
What is Franklin Center Of Beaver County?
Franklin Center of Beaver County is a nonprofit organization situated in Aliquippa, Pennsylvania, specifically at 524 Franklin Avenue. Their primary mission is to drive economic development and social education within the Aliquippa community. They accomplish this by strategically planning initiatives that stimulate the local economy, create new opportunities for community recovery, and address the critical needs of the area's low-income and disadvantaged population. The organization, with a team of 26 dedicated individuals, is committed to making a positive impact on the lives of Aliquippa residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating
The Franklin Center of Beaver County has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, which demonstrates strong governance, this is overshadowed by the absence of crucial financial documentation and policies such as a conflict of interest and whistleblower policy.
The center does show a commendable program expense ratio of 78.47%, which reflects a commitment to program services over administrative costs. However, the lack of financial statements, a missing website listing on the tax form, and a high liabilities to assets ratio of 94.81% raise serious questions about its financial health and transparency.
Overall, while the Franklin Center has strengths in governance, the major limitations highlighted in its financial reporting and policies suggest a need for significant improvements in accountability and transparency to foster greater donor trust and confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Center Of Beaver County legitimate?
Franklin Center Of Beaver County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Center Of Beaver County 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: $61,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $391,980
For more financial information, click here
What is the mission statement of Franklin Center Of Beaver County?
The Franklin Center of Beaver County's mission is to orchestrate strategically planned initiatives aimed at revitalizing the economy of a specific area, providing new opportunities for community recovery, and addressing the critical needs of its low-income and vulnerable population. This organization's primary objective is to stimulate economic growth and enhance the well-being of the community by addressing its most pressing needs. Its activities encompass both business development and social education, aiming to foster a sustainable and equitable environment for the community's future.
Who is the CEO of Franklin Center Of Beaver County?
Cheryl King is the Director of Franklin Center Of Beaver County.
What is the revenue of Franklin Center Of Beaver County?
Franklin Center Of Beaver County's revenue in 2022 was $754,175.
Who are the executives of Franklin Center Of Beaver County and what are their salaries?
The average compensation at Franklin Center Of Beaver County during 2022 was $17,432. There are 26 employees at Franklin Center Of Beaver County.
Here are 8 key members and their salaries:
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Franklin Center Of Beaver County?
Franklin Center Of Beaver County's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin Center Of Beaver County
The Franklin Center of Beaver County is dedicated to organizing initiatives aimed at stimulating the economy of the Aliquippa area. Their mission is multifaceted, encompassing the goal of opening new avenues for community recovery and addressing the critical needs of its low-income and disadvantaged population. This nonprofit organization strategically plans and executes these initiatives, thereby contributing to the overall betterment of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Franklin Center of Beaver County plays a vital role in revitalizing the economic landscape of the Aliquippa area by initiating projects that drive community recovery and growth. By strategically organizing initiatives, the center addresses critical needs faced by the low-income and underserved populations, paving the way for new opportunities. Their focus on business development and social education empowers residents, enhances local capabilities, and fosters a sense of community resilience. Through these efforts, the Franklin Center significantly contributes to improving the overall quality of life, fostering economic stability, and generating hope for a brighter future in Aliquippa.
This information is meant to be a general summary of Franklin Center Of Beaver County. 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.
- Gross Receipts: $754,175
Assets and Liabilities:
- Total Assets: $186,711
- Total Liabilities: $177,022
- Net Assets: $9,689
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1984
Principal Officer
Cheryl King
Main Address
524 Franklin Avenue, Aliquippa, PA, 15001
NTEE Category
Code: S30 - Community improvement
If you are a representative of Franklin Center Of Beaver County and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.