Overview
What is Specialized Alternatives For Families & Youth Of Alabama Inc?
Specialized Alternatives For Families & Youth Of Alabama Inc, commonly referred to as SAFY of Alabama, is a nonprofit organization headquartered in Montgomery, Alabama. Their primary mission is to provide therapeutic and treatment foster care to children who have experienced trauma and been removed from their families due to court action. To fulfill this, they recruit and train foster families to create safe and stable environments, while addressing the emotional and behavioral needs of the child, aiming to make positive changes in their lives. The ultimate goal of SAFY of Alabama is to assist children in achieving permanency. They operate under the vision of creating thriving families and communities where every individual, regardless of their background or circumstances, can reach their full potential. With a workforce of 51 dedicated employees, they strive to foster an environment that empowers children and families to overcome adversity and thrive.
Official website here: www.safy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Specialized Alternatives For Families & Youth Of Alabama Inc has achieved a respectable Three-Star rating with an overall score of 81%. This rating is primarily based on the organization’s strong performance in accountability and finance, highlighting their commitment to transparency and effective use of resources. The evaluation reflects a solid foundation with an entirely independent board and robust financial oversight practices.
Key strengths of the organization include a program expense ratio of 84.09%, indicating that the majority of its funds are directed toward program services rather than administrative costs. Additionally, the organization has established comprehensive policies for conflict of interest and whistleblower protections, enhancing its governance framework. The financial statements are well-maintained, and there have been no material diversions of assets reported, which further underscores its financial integrity.
However, while the financial data reflects a commitment to responsible management, it is important to consider the salaries of key personnel, which are notably high. This aspect may raise questions about resource allocation and the prioritization of funding for programs versus compensation for leadership. Overall, the organization demonstrates a strong commitment to its mission and accountability but could benefit from ongoing dialogue about financial priorities.
This AI summary has been generated from information found on Charity Navigator.
Is Specialized Alternatives For Families & Youth Of Alabama Inc legitimate?
Specialized Alternatives For Families & Youth Of Alabama Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Specialized Alternatives For Families & Youth Of Alabama 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: $165,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,660,099
For more financial information, click here
Official website here: www.safy.org
What is the mission statement of Specialized Alternatives For Families & Youth Of Alabama Inc?
Specialized Alternatives For Families & Youth of Alabama Inc aims to create thriving families and communities where every individual can reach their full potential. The organization's vision is to provide a safe and stable environment for children who have experienced trauma and have been removed from their families due to court action. By recruiting and training foster families, they aim to address the emotional and behavioral needs of these children and make positive changes in their lives. Their ultimate goal is to help these children achieve permanency. In essence, they strive to empower individuals, regardless of their background or circumstances, to reach their full potential.
Official website here: www.safy.org
Who is the CEO of Specialized Alternatives For Families & Youth Of Alabama Inc?
William Matt is the President & Ceo of Specialized Alternatives For Families & Youth Of Alabama Inc. The CEO's salary of Specialized Alternatives For Families & Youth Of Alabama Inc is $0 and their total compensation is $366,149.
Official website here: www.safy.org
What is the revenue of Specialized Alternatives For Families & Youth Of Alabama Inc?
Specialized Alternatives For Families & Youth Of Alabama Inc's revenue in 2022 was $5,030,192.
Official website here: www.safy.org
Who are the executives of Specialized Alternatives For Families & Youth Of Alabama Inc and what are their salaries?
The average compensation at Specialized Alternatives For Families & Youth Of Alabama Inc during 2022 was $35,793. There are 51 employees and 8 volunteers at Specialized Alternatives For Families & Youth Of Alabama Inc.
Here are 14 key members and their salaries (Specialized Alternatives For Families & Youth Of Alabama Inc's CEO's salary is $0 and their total compensation is $366,149):
- Compensation: $0
- Related: $316,852
- Other: $49,297
- Compensation: $0
- Related: $215,046
- Other: $42,164
- Compensation: $0
- Related: $165,462
- Other: $6,503
- Compensation: $151,478
- Related: $0
- Other: $13,863
- Compensation: $0
- Related: $150,178
- Other: $6,622
- Compensation: $0
- Related: $112,470
- Other: $5,271
- 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
Official website here: www.safy.org
Where can I find the form 990 for Specialized Alternatives For Families & Youth Of Alabama Inc?
Specialized Alternatives For Families & Youth Of Alabama Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.safy.org
Learn more at the official website: www.safy.org
Mission Statement of Specialized Alternatives For Families & Youth Of Alabama Inc
Specialized Alternatives For Families & Youth of Alabama Inc, a non-profit organization, is dedicated to fostering thriving families and communities where every individual can achieve their full potential. The vision of this organization is to create an environment where individuals, regardless of their background or circumstances, can flourish.
Specialized Alternatives For Families & Youth of Alabama Inc provides therapeutic and treatment foster care to children who have experienced trauma and been removed from their families via court action. They recruit and train foster families to create safe and stable environments while addressing the emotional and behavioral needs of these children. Their ultimate goal is to assist these children in achieving permanency.
In essence, Specialized Alternatives For Families & Youth of Alabama Inc is committed to making a positive impact in the lives of children who have experienced trauma, ensuring they grow up in secure and nurturing environments, and helping them reach their full potential.
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Impact
June, 2024
Specialized Alternatives For Families & Youth Of Alabama Inc's impact lies in creating thriving families and communities where every individual can reach their full potential. SAFY of Alabama provides therapeutic/treatment foster care to children who have experienced trauma and have been removed from their families via court action. By recruiting and training foster families to provide safe and stable environments and addressing the emotional and behavioral needs of the child, SAFY aims to make positive changes in their lives. The overall goal is to assist children in achieving permanency. Through their work, SAFY is playing a vital role in supporting the mental health and well-being of children in Alabama.
This information is meant to be a general summary of Specialized Alternatives For Families & Youth Of Alabama 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.
- Program Service Revenue: $4,975,951
- Gross Receipts: $5,030,192
Assets and Liabilities:
- Total Assets: $1,027,541
- Total Liabilities: $714,073
- Net Assets: $313,468
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOSTER CARE
Revenue
$3,983,307
MENTAL HEALTH
Revenue
$949,328
INDEPENDENT LIVING
Revenue
$43,316
Organization Details
Founding Year
2010
Phone
(334) 270-3181Principal Officer
William Matt
Main Address
9532 WYNLAKES PLACE, MONTGOMERY, AL, 36117
Website
www.safy.orgNTEE Category
Code: F60 - Mental health
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