Overview
What is Friars Club Inc?
Friars Club Inc, situated in Cincinnati, Ohio, is a nonprofit organization dedicated to fostering personal growth and community development among children from various socio-economic backgrounds. Utilizing sports and education, the club aims to instill essential values such as respect, responsibility, leadership, and good sportsmanship in its members. Through their instructional and guidance programs, Friars Club promotes physical health, mental development, and spiritual well-being, boosting self-esteem and self-discipline while encouraging positive behavior. The organization serves over 1000 children annually, addressing their educational needs and reinforcing positive behavioral patterns. As a Catholic, Franciscan Ministry, Friars Club strives to enrich the lives of its youth and contribute to the betterment of the community.
Official website here: www.friarsclubinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Friars Club Inc has achieved an impressive rating of 96%, indicating strong performance in accountability and finance. This score is particularly significant as it reflects the organization’s commitment to maintaining a high level of transparency and effective financial management. The assessment is derived from a single beacon score focused entirely on these aspects, showcasing the nonprofit's dedication to responsible stewardship of resources.
The organization excels in several key areas, including having a fully independent board of directors, which is essential for unbiased governance. Additionally, they have robust policies in place for conflict of interest, whistleblower protection, and document retention. Their financial health is also commendable, with a low liabilities to assets ratio of 2.29% and a program expense ratio of 74.64%, indicating that a substantial portion of their expenditures directly supports their mission-related programs.
While the overall performance is strong, it is important to note that the evaluation is based solely on financial metrics and governance structures. Users seeking a comprehensive view of the organization's impact may need to look beyond these numbers to understand the broader implications of its work.
This AI summary has been generated from information found on Charity Navigator.
Is Friars Club Inc legitimate?
Friars Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friars Club 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: $111,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,045
For more financial information, click here
Official website here: www.friarsclubinc.org
What is the mission statement of Friars Club Inc?
The Friars Club, as a Catholic, Franciscan Ministry, is committed to enhancing the lives of youth by nurturing essential life skills through sports, education, and leadership programs. This organization aims to enrich their lives and contribute to the betterment of the community. By providing academic and sports programs, Friars Club offers an environment where children from diverse backgrounds can learn values such as respect, responsibility, leadership, and good sportsmanship. Through its instruction and guidance, the club fosters self-esteem, self-discipline, and positive behavior while addressing educational needs. The Friars Club serves over 1000 children annually, providing them with opportunities to grow both physically and mentally.
Official website here: www.friarsclubinc.org
Who is the CEO of Friars Club Inc?
Annie Timmons is the Secretary of Friars Club Inc.
Official website here: www.friarsclubinc.org
What is the revenue of Friars Club Inc?
Friars Club Inc's revenue in 2022 was $670,823.
Official website here: www.friarsclubinc.org
Who are the executives of Friars Club Inc and what are their salaries?
The average compensation at Friars Club Inc during 2022 was $39,048. There are 6 employees and 100 volunteers at Friars Club Inc.
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- Compensation: $98,779
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- Other: $12,464
Official website here: www.friarsclubinc.org
Where can I find the form 990 for Friars Club Inc?
Friars Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friarsclubinc.org
Learn more at the official website: www.friarsclubinc.org
Mission Statement of Friars Club Inc
The Friars Club, as a Catholic, Franciscan Ministry, is committed to enhancing the lives of youth from various social, cultural, and economic backgrounds. Their mission is to foster the development of valuable life skills in these children through a combination of sports, education, and leadership programming. The objective of this nonprofit organization is to provide a conducive environment where these children can play, work, and grow together.
The Friars Club serves as a platform for at-risk boys and girls to establish a set of essential values such as respect, responsibility, leadership, and good sportsmanship. These values are instilled in the children through sports and education programs. The instruction and guidance provided by the Friars Club not only help in bolstering physical health but also in enhancing mental and spiritual well-being. By doing so, the organization aims to boost self-esteem and self-discipline in the children, while simultaneously reinforcing positive behavior and addressing any educational needs.
In essence, the Friars Club, through its sports and education programs, strives to enrich the lives of the children it serves and contribute to the betterment of the community at large. The organization's mission is to provide a safe and nurturing environment where children can learn, grow, and develop into responsible, well-rounded individuals. By the end of each year, the Friars Club serves over 1000 children, making a significant impact in their lives and in the community.
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Impact
July, 2024
Friars Club Inc, through its youth development programs centered around sports, education, and leadership, has a significant impact on the lives of over 1000 children annually in Cincinnati, Ohio. By providing a space where children from diverse backgrounds can come together to play, learn, and grow, Friars Club equips at-risk youth with essential life skills such as respect, responsibility, leadership, and good sportsmanship. Through its holistic approach, Friars Club not only fosters physical health but also nurtures mental and emotional well-being by enhancing self-esteem, self-discipline, and positive behavior. This organization plays a crucial role in building a stronger community by empowering young individuals to reach their full potential and contribute positively to society.
This information is meant to be a general summary of Friars Club 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: -$403
- Program Service Revenue: $107,501
- Gross Receipts: $706,882
Assets and Liabilities:
- Total Assets: $2,095,720
- Total Liabilities: $87,391
- Net Assets: $2,008,329
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Youth sports and team
Revenue
$96,161
Mission related rental
Revenue
$11,340
Organization Details
Founding Year
1934
Phone
(513) 381-5432Principal Officer
Annie Timmons
Main Address
4300 Vine Street, Cincinnati, OH, 45217
Website
www.friarsclubinc.orgNTEE Category
Code: O20 - Youth development
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