Overview
What is Favor Inc?
Favor Inc, based in Wethersfield, Connecticut, is a nonprofit organization that focuses on children's mental health. They offer ongoing training, advocacy, and technical assistance through their Family Systems Management, Family Peer Support, and Medical Home programs, reaching over 5,000 families annually. Favor collaborates with various individuals, families, service providers, educational institutions, medical professionals, and legislators to cultivate family leaders who work towards improving the delivery of mental health services in their communities and across the state. With a mission to amplify the power of Connecticut's diverse families who have children with behavioral and mental health challenges, Favor empowers families and works with state agencies and service providers to create a unified system of care that is responsive and inclusive of the diversity of families in Connecticut. They are the Connecticut state organization of the National Federation of Families for Children's Mental Health, providing direct peer support services and training to families with children with mental and behavioral health challenges.
Official website here: www.favor-ct.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 77%, Three-Star out of Four Star rating.
Favor Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is derived entirely from the charity's financial practices, which are commendable, particularly given its perfect scores in areas such as board independence, conflict of interest policies, and whistleblower protections.
The organization demonstrates strong governance with an entirely independent board and effective oversight mechanisms, receiving full points for its audit and financial practices. Additionally, Favor Inc maintains a high program expense ratio, indicating that a significant portion of its resources is directed towards its mission-related activities.
However, the charity does face challenges, particularly regarding its liabilities to assets ratio, which received no points. This suggests potential concerns about financial health that may need addressing. Overall, while Favor Inc shows dedication to transparency and responsible financial management, attention to its financial stability will be essential for continued trust and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Favor Inc?
90% of reviewers on Facebook recommend Favor Inc. Here is a summary of their reviews:
Many individuals express admiration for the organization's staff, highlighting their talent, knowledge, and supportive nature. The positive energy and fun atmosphere created by the team are particularly noted, indicating that participants feel welcomed and valued.
Overall, it seems that Favor Inc successfully fosters a positive and engaging environment for those involved, with many praising the capabilities and friendliness of the individuals associated with the organization.
This AI summary has been generated from reviews found on Facebook.
Is Favor Inc legitimate?
Favor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Favor 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: $89,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,316,003
For more financial information, click here
Official website here: www.favor-ct.org
What is the mission statement of Favor Inc?
Favor Inc, a state organization affiliated with the National Federation of Families for Children's Mental Health, is dedicated to advocating for and amplifying the voices of families in Connecticut who have children with behavioral and mental health challenges. Their mission is threefold: to provide direct peer support services to families, to train these families, and to work with state agencies and service providers to create a unified system of care that is responsive and inclusive of the diverse families across the state. The aim is to transform the children's service systems, ensuring they cater to the needs of all families effectively.
Official website here: www.favor-ct.org
Who is the CEO of Favor Inc?
Beresford Wilson is the Chair of Favor Inc.
Official website here: www.favor-ct.org
What is the revenue of Favor Inc?
Favor Inc's revenue in 2022 was $2,371,840.
Official website here: www.favor-ct.org
Who are the executives of Favor Inc and what are their salaries?
The average compensation at Favor Inc during 2022 was $45,330. There are 31 employees and 4 volunteers at Favor Inc.
Here are 8 key members and their salaries:
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- Compensation: $83,411
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Official website here: www.favor-ct.org
Where can I find the form 990 for Favor Inc?
Favor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.favor-ct.org
Learn more at the official website: www.favor-ct.org
Mission Statement of Favor Inc
Favor Inc, the Connecticut state organization of the National Federation of Families for Children's Mental Health, is a nonprofit dedicated to advocating and amplifying the voices of diverse families who have children with behavioral and mental health challenges. The mission of Favor Inc is threefold: to support families directly, to collaborate with state agencies and service providers, and to transform the children's service systems to be more responsive and inclusive of the diverse families across the state.
By providing direct peer support services and training, Favor Inc empowers families who have children with mental and behavioral health challenges. They work closely with these families, offering them the resources and guidance they need to navigate the complexities of the children's service systems.
In addition to direct support, Favor Inc also works with state agencies and service providers to create a unified system of care. This system is designed to be responsive and inclusive of the diversity of families across the state, ensuring that every child and family receives the support they need, regardless of their background or circumstances. By fostering collaboration and unity, Favor Inc aims to create a more effective and equitable children's service system in Connecticut.
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Impact
June, 2024
Favor Inc's impact lies in advocating for and empowering Connecticut's diverse families with children facing behavioral and mental health challenges. Through its various programs, including family systems management, family peer support, and medical home initiatives, Favor touches over 5,000 families annually. By collaborating with a wide network of stakeholders, Favor develops family leaders who strive to enhance children's mental health service delivery within their communities and across the state. This organization plays a crucial role in shaping a more responsive and inclusive system of care for families dealing with mental and behavioral health issues.
This information is meant to be a general summary of Favor 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: $55
- Gross Receipts: $2,371,840
Assets and Liabilities:
- Total Assets: $428,029
- Total Liabilities: $358,540
- Net Assets: $69,489
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Organization Details
Founding Year
2002
Phone
(860) 563-3232Principal Officer
Beresford Wilson
Main Address
185 SILAS DEANE HIGHWAY, WETHERSFIELD, CT, 06109
Website
www.favor-ct.orgNTEE Category
Code: F60 - Mental health
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