Overview
What is Foundations For Living Inc?
Foundations For Living Inc, situated in Waupaca, Wisconsin, is a nonprofit organization dedicated to uplifting individuals. They strive to foster independence and self-sufficiency among their community members through faith-driven advocacy, education, emotional support, and resource provision. Their mission is multifaceted, encompassing various aspects that aim to strengthen individuals and empower them to lead fulfilling lives. With a workforce of nine dedicated individuals, Foundations For Living Inc serves as a beacon of hope and support for those in need.
Official website here: www.fflwaupaca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Foundations For Living Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is derived solely from its Accountability & Finance beacon, indicating strong performance in financial management and transparency. The organization showcases a commitment to accountability, with an impressive 100% of its board members being independent, which enhances governance and oversight.
The charity demonstrates solid fiscal responsibility, maintaining a low liabilities-to-assets ratio of 2.35% and a high program expense ratio of 85.08%. This suggests that a significant portion of its funding directly supports its programs rather than administrative costs. However, the organization has been noted for lacking certain policies, including a conflict of interest policy and a whistleblower policy, which could be areas for improvement in governance practices.
Overall, while Foundations For Living Inc performs well in financial accountability and has a strong independent board, the absence of certain governance policies may raise concerns among potential donors looking for comprehensive operational transparency. Addressing these gaps could further strengthen their rating and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Foundations For Living Inc legitimate?
Foundations For Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundations For Living 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: $55,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,000
For more financial information, click here
Official website here: www.fflwaupaca.org
What is the mission statement of Foundations For Living Inc?
Foundations For Living Inc's mission is centered around empowering individuals to achieve self-sufficiency. They accomplish this through their faith-based initiatives, offering advocacy, education, emotional support, and resources. By providing these essential services, they aim to help people gain independence and improve their overall quality of life. The organization's activities are geared towards equipping individuals with the tools necessary to navigate their lives independently and effectively.
Official website here: www.fflwaupaca.org
Who is the CEO of Foundations For Living Inc?
Robert Adams is the Chairman of Foundations For Living Inc.
Official website here: www.fflwaupaca.org
What is the revenue of Foundations For Living Inc?
Foundations For Living Inc's revenue in 2022 was $469,175.
Official website here: www.fflwaupaca.org
Who are the executives of Foundations For Living Inc and what are their salaries?
The average compensation at Foundations For Living Inc during 2022 was $23,777. There are 9 employees and 20 volunteers at Foundations For Living Inc.
Here are 6 key members and their salaries:
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Official website here: www.fflwaupaca.org
Where can I find the form 990 for Foundations For Living Inc?
Foundations For Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fflwaupaca.org
Learn more at the official website: www.fflwaupaca.org
Mission Statement of Foundations For Living Inc
Foundations For Living Inc is committed to a mission that aims to uplift individuals, empowering them to gain independence and self-sufficiency. This is accomplished through the provision of faith-based advocacy, education, emotional support, and resources. By offering these essential services, the organization strives to help people take charge of their lives and become self-reliant.
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Impact
July, 2024
Foundations For Living Inc empowers individuals to achieve independence and self-sufficiency through faith-based advocacy, education, emotional support, and resources. Their impact can be seen in the transformation of individuals who are able to overcome challenges, secure housing, and build a stable foundation for their lives. Through their mission, they are making a tangible difference in the lives of those they serve, guiding them towards a brighter future with support and resources tailored to their needs.
This information is meant to be a general summary of Foundations For Living 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.
- Investment Income: $13
- Program Service Revenue: $46,044
- Gross Receipts: $469,175
Assets and Liabilities:
- Total Assets: $536,742
- Total Liabilities: $12,642
- Net Assets: $524,100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fundraisers
Program Service Revenue
Resale Shop
Revenue
$46,044
Organization Details
Founding Year
2011
Phone
(715) 942-2725Principal Officer
Robert Adams
Main Address
1421 Churchill St, Waupaca, WI, 54981
Website
www.fflwaupaca.orgNTEE Category
Code: L41 - Housing
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