Overview
What is Foster Kids Of Merrimack Valley?
Foster Kids of Merrimack Valley is a nonprofit organization located at 76 Bonanno Court, Methuen, MA 01844. Their primary mission is to cater to the needs of foster children under the care of the Massachusetts Department of Children and Families in the Merrimack Valley region. By creating programs and providing resources, they aim to establish positive influences in the children's lives and support their growth. One of their initiatives is the Helene Giordano Memorial Scholarship program, which awards scholarships to deserving foster children attending secondary schools. Additionally, they host a summer toy drive to contribute to the children's well-being.
Official website here: www.fosterkidsmv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Foster Kids Of Merrimack Valley has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating indicates a focus on accountability and finance, showcasing strengths such as a wholly independent board, with 84% of its members being independent, and a strong program expense ratio of 81.7%. The organization maintains a solid reputation for managing its liabilities effectively, as evidenced by a 0.00% liabilities to assets ratio.
Despite these strengths, the organization does have notable weaknesses in its governance policies. It does not possess a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy, which are important for transparency and accountability in nonprofit operations. These deficiencies have impacted its overall score, particularly in the governance area, detracting from its potential to score higher.
Overall, while Foster Kids Of Merrimack Valley demonstrates a solid commitment to its financial management and independent oversight, addressing its governance policy gaps could enhance its accountability measures and overall effectiveness. Strengthening these areas would not only improve its rating but also foster greater trust among stakeholders and donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foster Kids Of Merrimack Valley?
100% of 7 reviewers on Facebook recommend Foster Kids Of Merrimack Valley. Here is a summary of their reviews:
The sentiment towards Foster Kids Of Merrimack Valley is overwhelmingly positive. Reviewers appreciate the community-oriented approach of the nonprofit, highlighting the importance of local support for local children in need. The enthusiasm expressed suggests that the organization successfully connects with its mission of aiding foster kids in the area.
Participants emphasize the value of local involvement, indicating that the nonprofit effectively mobilizes community resources to benefit vulnerable children. Overall, the glowing recommendations reflect a strong belief in the nonprofit’s ability to make a meaningful impact.
This AI summary has been generated from reviews found on Facebook.
Is Foster Kids Of Merrimack Valley legitimate?
Foster Kids Of Merrimack Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foster Kids Of Merrimack Valley 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.
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For more financial information, click here
Official website here: www.fosterkidsmv.org
What is the mission statement of Foster Kids Of Merrimack Valley?
The Foster Kids of Merrimack Valley is an organization dedicated to serving the needs of foster children under the care of the Massachusetts Department of Children and Families in the Merrimack Valley region. Their goal is to create programs and provide resources that aim to have a positive impact on the lives of these children as they grow. The organization strives to support these children throughout their development, offering resources that contribute to their overall well-being and personal growth. One of their initiatives is the Helene Giordano Memorial Scholarship, which provides financial aid to deserving foster children in secondary schools, and they also hold a summer toy drive.
Official website here: www.fosterkidsmv.org
Who is the CEO of Foster Kids Of Merrimack Valley?
Larry Giordano is the Director of Foster Kids Of Merrimack Valley.
Official website here: www.fosterkidsmv.org
What is the revenue of Foster Kids Of Merrimack Valley?
Foster Kids Of Merrimack Valley's revenue in 2022 was $67,776.
Official website here: www.fosterkidsmv.org
Who are the executives of Foster Kids Of Merrimack Valley and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.fosterkidsmv.org
Where can I find the form 990 for Foster Kids Of Merrimack Valley?
Foster Kids Of Merrimack Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fosterkidsmv.org
Learn more at the official website: www.fosterkidsmv.org
Mission Statement of Foster Kids Of Merrimack Valley
Foster Kids Of Merrimack Valley is an organization dedicated to serving the needs of foster children under the care of the Massachusetts Department of Children and Families. Their mission is to create positive influences in these children's lives and provide them with the necessary resources as they grow. To accomplish this, they aim to establish programs that will support the foster children, ultimately helping them thrive.
More specifically, Foster Kids Of Merrimack Valley strives to cater to the needs of these vulnerable children. They work towards achieving this goal by offering programs and resources that can make a significant impact on their lives. This includes providing scholarships through the Helene Giordano Memorial Scholarship program, which supports two deserving foster children in secondary schools. Additionally, the organization organizes a Summer Toy Drive, further demonstrating their commitment to enhancing the lives of these children.
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Impact
August, 2024
Foster Kids Of Merrimack Valley is making a significant impact by serving the needs of foster children in the care of the MA Department of Children and Families in the Merrimack Valley. Through programs like the Helene Giordano Memorial Scholarship, they provide educational opportunities for deserving foster children, helping them succeed in their academic pursuits. Additionally, initiatives like the Summer Toy Drive bring joy and support to these children, creating positive influences in their lives as they navigate the challenges of the foster care system. Overall, Foster Kids Of Merrimack Valley is dedicated to enhancing the lives of foster children and providing them with resources to thrive and grow.
This information is meant to be a general summary of Foster Kids Of Merrimack Valley. 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.
- Program Service Revenue: $21,911
- Gross Receipts: $76,577
Assets and Liabilities:
- Total Assets: $344,680
- Total Liabilities: $0
- Net Assets: $344,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$21,911
Organization Details
Founding Year
2005
Phone
(978) 360-9256Principal Officer
Larry Giordano
Main Address
76 BONANNO COURT, METHUEN, MA, 01844
Website
www.fosterkidsmv.orgNTEE Category
Code: O50 - Youth development
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