Overview
What is Free Fab'Rik Inc?
Free Fab'Rik Inc, situated in Atlanta, Georgia, is a small-scale nonprofit organization with just two employees. Their primary objective is to restore dignity, confidence, and hope in young ladies who have experienced loss. They achieve this by offering mentorship, retail training, and organizing free shopping sprees. The organization generates funds for its mission-related programs through sales of donated goods. This retail approach allows the young women they support to gain practical skills, contributing positively to their self-esteem and overall well-being.
Official website here: www.freefabrik.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star rating)
Free Fab'Rik Inc has received a Two-Star rating, indicating areas where the organization could improve despite a perfect score in accountability and finance. The high marks for independent board members and absence of material diversion of assets demonstrate a solid foundation in governance. However, the organization struggles in areas such as board size, conflict of interest policy, and document retention, which are critical for transparent operations.
The charity scored poorly on its conflict of interest and whistleblower policies, both receiving no points, indicating potential vulnerabilities in its governance practices. Additionally, the absence of a posted tax form on the nonprofit's website suggests a lack of transparency that could concern donors. While the organization does maintain a good liabilities to assets ratio, these weaknesses in policy adherence highlight the need for improvement.
Overall, while Free Fab'Rik Inc showcases strengths in certain governance aspects, the low scores in key policy areas reveal significant opportunities for enhancing accountability and transparency. Addressing these issues could improve its rating and foster greater trust among stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Free Fab'Rik Inc legitimate?
Free Fab'Rik Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Fab'Rik 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: $5,507
For more financial information, click here
Official website here: www.freefabrik.org
What is the mission statement of Free Fab'Rik Inc?
Free Fab'Rik Inc's mission is centered around restoring dignity, confidence, and hope in young ladies who have experienced a loss of these qualities. The organization achieves this through various means, including mentorship, retail training, and organizing free shopping sprees. By doing so, Free Fab'Rik Inc aims to guide these young women in discovering God's purpose for their lives. The proceeds from the sale of donated goods in their store contribute to funding programs aligned with this mission.
Official website here: www.freefabrik.org
Who is the CEO of Free Fab'Rik Inc?
Dana Spinola is the President of Free Fab'Rik Inc.
Official website here: www.freefabrik.org
What is the revenue of Free Fab'Rik Inc?
Free Fab'Rik Inc's revenue in 2022 was $59,782.
Official website here: www.freefabrik.org
Who are the executives of Free Fab'Rik Inc and what are their salaries?
The average compensation at Free Fab'Rik Inc during 2022 was $2,754. There are 2 employees at Free Fab'Rik Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.freefabrik.org
Where can I find the form 990 for Free Fab'Rik Inc?
Free Fab'Rik Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freefabrik.org
Learn more at the official website: www.freefabrik.org
Mission Statement of Free Fab'Rik Inc
Free Fab'Rik Inc is a nonprofit organization with a mission to restore dignity, confidence, and hope in young ladies who have lost these qualities due to various circumstances. By providing mentorship, retail training, and hosting free shopping sprees, Free Fab'Rik Inc helps these young women discover God's purpose for their lives. The organization's activities are funded in part by the sales of donated goods, which further support its mission-related programs.
At the heart of Free Fab'Rik Inc's mission is the belief that every young lady deserves to regain her self-worth and confidence. Through its mentorship program, the nonprofit offers guidance and support, helping these women navigate life's challenges and make positive choices. The retail training component equips them with essential skills for employment, enabling them to become financially independent. The free shopping sprees serve as a boost of confidence and joy, allowing them to select items they love and need, reinforcing the idea that they are worthy of care and kindness.
In essence, Free Fab'Rik Inc's mission is to empower young ladies, helping them to rediscover their identities and purpose. By providing a supportive environment, mentorship, and practical skills, the organization aims to instill in them a renewed sense of self-worth and hope for the future. The sales of donated goods not only fund these programs but also contribute to the overall mission, ensuring that as many young ladies as possible can benefit from Free Fab'Rik Inc's transformative work.
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Impact
August, 2024
Free Fab'Rik Inc's impact is profound in Atlanta, GA, as it works tirelessly to restore dignity, confidence, and hope to young ladies who have lost theirs. Through mentorship, retail training, and free shopping sprees, the organization helps these individuals discover God's will for their lives. The proceeds from the sale of donated goods at their store directly fund these mission-related programs. This demonstrates a significant commitment to providing human services and making a tangible difference in the lives of those in need in the community.
This information is meant to be a general summary of Free Fab'Rik 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.
- Gross Receipts: $59,782
Assets and Liabilities:
- Total Assets: $774,989
- Total Liabilities: $0
- Net Assets: $774,989
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Organization Details
Founding Year
2012
Phone
(404) 881-8223Principal Officer
Dana Spinola
Main Address
433 BISHOP ST NW SUITE A, ATLANTA, GA, 30318
Website
www.freefabrik.orgNTEE Category
Code: P29 - Human services
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