Overview
What is Funders Together To End Homelessnes?
Funders Together to End Homelessness is a nonprofit organization situated in Boston, Massachusetts. Its primary objective is to foster effective, strategic, and innovative solutions to combat homelessness, with a focus on the "Housing First" approach. By advocating for increased and more efficient utilization of local, state, and national resources dedicated to ending homelessness, the organization aims to make a substantial impact. They also educate funders and other stakeholders about homelessness and related policies, emphasizing the importance of aligning public and private resources towards shared goals. With a mission to leverage philanthropy's expanding potential for impact and change, Funders Together to End Homelessness strives to contribute to the goal of eradicating homelessness in America, employing a team of nine individuals.
Official website here: www.funderstogether.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Funders Together To End Homelessness has achieved a high level of accountability and financial transparency, as indicated by its Four-Star rating from Charity Navigator. With a perfect score in accountability and finance, the organization demonstrates strong governance practices and effective management of its resources. The charity's commitment to transparency is reflected in the independent nature of its board, which consists entirely of independent members.
The financial health of Funders Together To End Homelessness is notable, with a program expense ratio of 88.89%, indicating that a significant majority of funds are directed towards its mission. Furthermore, the organization has maintained low fundraising costs, spending only $0.04 to raise each dollar, which highlights its efficient use of resources. With a working capital ratio of 1.54 years, the organization is well-positioned to sustain its activities over the long term.
While the data showcases numerous strengths, there are no specific limitations or concerns mentioned in the available information. Overall, Funders Together To End Homelessness appears to be a well-managed organization with a strong focus on ending homelessness through effective funding and support strategies.
This AI summary has been generated from information found on Charity Navigator.
Is Funders Together To End Homelessnes legitimate?
Funders Together To End Homelessnes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Funders Together To End Homelessnes 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: $201,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,521
For more financial information, click here
Official website here: www.funderstogether.org
What is the mission statement of Funders Together To End Homelessnes?
Funders Together to End Homelessness aims to utilize philanthropy's growing impact and influence to contribute to the eradication of homelessness in America. Their mission involves promoting effective, strategic, and innovative solutions, with a focus on the "Housing First" approach. They advocate for increased and more efficient use of local, state, and national resources dedicated to ending homelessness. The organization also educates funders and other stakeholders about homelessness and related policies, emphasizing the importance of aligning public and private resources towards common goals.
Official website here: www.funderstogether.org
Who is the CEO of Funders Together To End Homelessnes?
Amanda Misiko Andere is the Chair of Funders Together To End Homelessnes. The CEO's salary of Funders Together To End Homelessnes is $166,950 and their total compensation is $201,862.
Official website here: www.funderstogether.org
What is the revenue of Funders Together To End Homelessnes?
Funders Together To End Homelessnes's revenue in 2022 was $2,443,212.
Official website here: www.funderstogether.org
Who are the executives of Funders Together To End Homelessnes and what are their salaries?
The average compensation at Funders Together To End Homelessnes during 2022 was $71,154. There are 9 employees at Funders Together To End Homelessnes.
Here are 14 key members and their salaries (Funders Together To End Homelessnes's CEO's salary is $166,950 and their total compensation is $201,862):
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- Compensation: $166,950
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- Other: $34,912
Official website here: www.funderstogether.org
Where can I find the form 990 for Funders Together To End Homelessnes?
Funders Together To End Homelessnes's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.funderstogether.org
Learn more at the official website: www.funderstogether.org
Mission Statement of Funders Together To End Homelessnes
Funders Together to End Homelessness, a philanthropic organization, aims to leverage the expanding influence of philanthropy to bring about significant change and help eradicate homelessness in the United States. Their mission is twofold: firstly, they promote the development of effective, strategic, and innovative solutions to homelessness, aligning these solutions with the "Housing First" approach. This approach prioritizes providing permanent housing as a primary solution to homelessness, rather than focusing on temporary shelters or other interim solutions.
Secondly, Funders Together to End Homelessness advocates for increased and more efficient use of local, state, and national resources dedicated to ending homelessness. By advocating for the allocation of resources, they aim to ensure that these funds are used in a manner that effectively combats homelessness. Additionally, they educate funders and other stakeholders about homelessness and related policies and programs, emphasizing the importance of aligning public and private resources towards common goals. This educational outreach helps to build a cohesive and collaborative approach to addressing homelessness, ensuring that resources are utilized in the most effective and efficient manner possible.
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Impact
October, 2024
Funders Together To End Homelessness significantly impacts efforts to eliminate homelessness in America by mobilizing philanthropic resources for effective solutions. By promoting the "Housing First" approach, they advocate for strategies that prioritize stable housing as a fundamental step toward addressing homelessness. Their work involves encouraging more efficient use of local, state, and national resources dedicated to this cause, thereby amplifying the effectiveness of funding in tackling homelessness.
Additionally, they provide education and resources to funders and stakeholders, fostering a deeper understanding of homelessness and the policies that influence it. By aligning public and private resources towards common objectives, Funders Together facilitates collaborative efforts that enhance the overall impact of initiatives aimed at reducing homelessness. Through these strategic actions, they play a critical role in transforming how communities address homelessness.
This information is meant to be a general summary of Funders Together To End Homelessnes. 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: $77,470
- Gross Receipts: $2,443,212
Assets and Liabilities:
- Total Assets: $2,579,538
- Total Liabilities: $130,107
- Net Assets: $2,449,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$77,470
Organization Details
Founding Year
2010
Phone
(617) 245-0314Principal Officer
Amanda Misiko Andere
Main Address
89 SOUTH STREET SUITE 603, BOSTON, MA, 02111
Website
www.funderstogether.orgNTEE Category
Code: P20 - Human services
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