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Friendship Circle International Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271827441 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Friendship Circle International Inc?

Friendship Circle International Inc, a nonprofit based in Atlanta, Georgia, aims to foster meaningful relationships and friendships between teen volunteers and children with special needs. With a strong presence in over 80 local communities worldwide, the organization supports over 80 regional organizations in their mission to bring joy and companionship to children and young adults with special needs. By celebrating their individuality and providing energy, support, and peace of mind to their families, Friendship Circle International Inc strives to boost their confidence, ignite dreams, and broaden perspectives. With a dedicated workforce of eight individuals, the organization actively works towards enhancing the lives of these special individuals and their families.


Official website here: www.friendshipcircle.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Star rating

Friendship Circle International Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its financial transparency and management practices. The organization scored 58% overall, with a perfect score for having an independent board and solid program expense ratio, suggesting that a substantial portion of its funding goes directly to programs.

However, the organization faces notable limitations, particularly in financial reporting. It received zero points for not providing financial statements and for missing key policies such as a whistleblower and document retention policy. The lack of available financial documents raises questions about accountability and governance.

Despite these issues, the organization does maintain good practices in some areas, such as having a conflict of interest policy and documenting board meeting minutes. Moving forward, improvements in financial transparency and policy implementation could enhance its overall rating and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Friendship Circle International Inc legitimate?

Friendship Circle International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Circle International 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: $219,931

For more financial information, click here


Official website here: www.friendshipcircle.com

What is the mission statement of Friendship Circle International Inc?

Friendship Circle International supports over 80 regional organizations worldwide, each with a mission to bring joy and companionship to children and young adults with special needs. The organization aids these entities in celebrating the unique qualities of these individuals, while also providing energy, support, and peace of mind to their families. In essence, Friendship Circle International empowers these organizations to create inclusive environments where individuals with special needs can thrive and be valued for who they are.


Official website here: www.friendshipcircle.com

Who is the CEO of Friendship Circle International Inc?

Menachem Groner is the President of Friendship Circle International Inc.


Official website here: www.friendshipcircle.com

What is the revenue of Friendship Circle International Inc?

Friendship Circle International Inc's revenue in 2022 was $1,072,887.


Official website here: www.friendshipcircle.com

Who are the executives of Friendship Circle International Inc and what are their salaries?

The average compensation at Friendship Circle International Inc during 2022 was $27,491. There are 8 employees and 60 volunteers at Friendship Circle International Inc.


Here are 6 key members and their salaries:


Levi Shemtov (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zalman Grossbaum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yossi Marsow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benzion Groner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gedalya Shemtov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sholom Lipsker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendshipcircle.com

Where can I find the form 990 for Friendship Circle International Inc?

Friendship Circle International Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendshipcircle.com

Learn more at the official website: www.friendshipcircle.com

Mission Statement of Friendship Circle International Inc

Friendship Circle International, a global organization, supports over 80 regional entities with a shared mission. These entities work tirelessly to bring joy and companionship to children and young adults with special needs. By celebrating their individuality, Friendship Circle International empowers these individuals, providing them with much-needed energy, support, and peace of mind. Simultaneously, the organization offers solace to their families, understanding the unique challenges they face. Through its support, Friendship Circle International enables these entities to fulfill their purpose effectively, making a significant impact in the lives of those with special needs and their families.

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Impact




October, 2024

Friendship Circle International Inc has a profound impact on the lives of children and young adults with special needs, as well as their families. By supporting over 80 regional organizations globally, it fosters an environment where meaningful relationships are formed between teen volunteers and those with special needs. This connection not only enhances the confidence and emotional well-being of the participants but also ignites their dreams and aspirations, leading to transformative experiences.

The initiative emphasizes the celebration of individuality, ensuring that each child feels valued and recognized. For families, the organization offers essential support and peace of mind, alleviating some of the challenges they face. Through these programs, Friendship Circle International redefines worldviews and builds a sense of community, ultimately contributing to a more inclusive society where everyone can thrive and feel connected.




This information is meant to be a general summary of Friendship Circle International 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.

Revenue
$1,072,887 (2022)
201620172019202020212022$0$350k$700k$1.05M$1.4M
Expenses
$1,377,374 (2022)
201620172019202020212022$0$350k$700k$1.05M$1.4M
Efficiency
2016201720192020202120220%6%12%18%29%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,072,887

Assets and Liabilities:

  • Total Assets: $37,076
  • Total Liabilities: $569,271
  • Net Assets: -$532,195

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Organization Details

Founding Year

2013

Principal Officer

Menachem Groner

Main Address

1209 ARBORVISTA DR NE, ATLANTA, GA, 30329

NTEE Category

Code: X30 - Religion related

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