Overview
What is Forgiven Felons Inc?
Forgiven Felons Inc, located in Waxahachie, Texas, is a small nonprofit organization with a single employee. Their mission is centered around assisting individuals who have been released from prison, aiming to reduce the rate of recidivism. They offer guidance and support to help these individuals envision and realize a promising future after their incarceration. The organization's activities primarily focus on ministering to inmates in jails and prisons, extending their assistance to those who have been recently released.
Official website here: www.forgivenfelons.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%
Forgiven Felons Inc has received a poor rating of 13% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This low score indicates significant concerns regarding the organization's accountability and financial management practices. The charity lacks independent board members and does not have essential policies in place like conflict of interest and whistleblower protections, which are critical for transparency and governance.
The financial health of Forgiven Felons Inc is also questionable, as reflected in their high liabilities to assets ratio of 27.95%, signaling potential financial instability. Additionally, the program expense ratio stands at 45.04%, indicating that less than half of their expenses are directed towards program services, which raises concerns about the effectiveness and impact of their operations.
While the organization has reported no material diversion of assets and has listed its website on its tax form, the overall absence of key governance policies and poor financial metrics highlight the need for improvement in their operational practices. This rating serves as a caution for potential donors and stakeholders looking to engage with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Forgiven Felons Inc legitimate?
Forgiven Felons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forgiven Felons 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: $42,710
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.forgivenfelons.org
What is the mission statement of Forgiven Felons Inc?
Forgiven Felons Inc, as an organization, is dedicated to assisting individuals who have been released from prison in realizing their future. Its primary mission is to reduce the prison recidivism rate. Through its efforts, Forgiven Felons Inc aims to provide support and guidance to these individuals, helping them integrate back into society and minimize the likelihood of returning to prison. The organization's activities include ministering to inmates in jails and prisons, as well as offering assistance and support to those who have been released.
Official website here: www.forgivenfelons.org
Who is the CEO of Forgiven Felons Inc?
Jay D Gumm is the President of Forgiven Felons Inc.
Official website here: www.forgivenfelons.org
What is the revenue of Forgiven Felons Inc?
Forgiven Felons Inc's revenue in 2022 was $152,833.
Official website here: www.forgivenfelons.org
Who are the executives of Forgiven Felons Inc and what are their salaries?
The average compensation at Forgiven Felons Inc during 2022 was $42,710. There is 1 employee at Forgiven Felons Inc.
Here are 5 key members and their salaries:
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Official website here: www.forgivenfelons.org
Where can I find the form 990 for Forgiven Felons Inc?
Forgiven Felons Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forgivenfelons.org
Learn more at the official website: www.forgivenfelons.org
Mission Statement of Forgiven Felons Inc
Forgiven Felons Inc, a nonprofit organization, is dedicated to assisting individuals who have been released from prison in realizing their future. The primary mission of Forgiven Felons Inc is to lower the prison recidivism rate. This is achieved by providing support and guidance to these individuals, helping them transition back into society and avoid returning to prison. The organization's activities are centered around ministering to inmates both in jail and in prisons, and continuing to offer assistance to those who have been released. By offering this support, Forgiven Felons Inc aims to empower these individuals, giving them the tools and resources they need to build a successful and fulfilling life outside of the prison system.
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Impact
October, 2024
Forgiven Felons Inc plays a crucial role in transforming the lives of released prison inmates by providing them with the support and resources needed to reintegrate into society successfully. By ministering to inmates in jails and prisons, the organization instills hope and guidance during a critical time in their lives. Upon release, they continue to offer crucial assistance, helping individuals navigate the challenges of reentry, such as finding employment, securing housing, and rebuilding their lives.
The primary objective is to lower the prison recidivism rate, enabling former inmates to break the cycle of reoffending and incarceration. Through mentorship, counseling, and community engagement, Forgiven Felons empowers individuals to realize their potential and construct a positive future. This not only benefits the individuals but also contributes to safer communities in Waxahachie, TX, and beyond, fostering an environment where former felons can thrive and become productive members of society.
This information is meant to be a general summary of Forgiven Felons 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: $42
- Program Service Revenue: $1,536
- Gross Receipts: $152,833
Assets and Liabilities:
- Total Assets: $67,264
- Total Liabilities: $506
- Net Assets: $66,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$2,800
REIMBURSEMENT PROGRAM
Revenue
-$1,306
SALES OF PRODUCT INCOM
Revenue
$42
Organization Details
Founding Year
2007
Phone
(972) 375-5177Principal Officer
Jay D Gumm
Main Address
141 TRAIL DR, WAXAHACHIE, TX, 75165
Website
www.forgivenfelons.orgNTEE Category
Code: I40 - Crime
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