Overview
What is Forever Families Inc Forever Families Inc?
Forever Families Inc, based in Knoxville, Tennessee, is a small-scale nonprofit organization with a mission to strengthen families and marriages. They accomplish this by conducting enrichment seminars and conferences, sharing their expertise with various churches and organizations. With a dedicated team of four individuals, they strive to promote healthy family dynamics and relationships within their community and beyond.
Official website here: www.foreverfamilies.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Forever Families Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored a perfect 100% in key areas such as having a majority independent board members and ensuring no material diversion of assets, indicating a high level of transparency and effective governance. Additionally, it maintains a high program expense ratio of 92.36%, suggesting that a significant portion of its funds is directed towards its programs.
The organization has established solid policies, including a conflict of interest policy and a document retention and destruction policy, both of which are essential for operational integrity. However, it lacks a whistleblower policy, which is noted in the evaluation and may be seen as a limitation by some stakeholders. Despite this gap, the overall governance structure and financial management appear to be robust.
Overall, Forever Families Inc demonstrates a commitment to responsible stewardship of its resources, as evidenced by its outstanding scores across various financial benchmarks. The high percentage of independent board members further enhances its credibility, making it a noteworthy nonprofit in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Forever Families Inc Forever Families Inc legitimate?
Forever Families Inc Forever Families Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forever Families Inc Forever Families 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: $127,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,847
For more financial information, click here
Official website here: www.foreverfamilies.com
What is the mission statement of Forever Families Inc Forever Families Inc?
Forever Families Inc, as outlined in its mission statement, focuses on enriching marriages and families by conducting seminars and conferences. This organization aims to serve churches and various other organizations by providing these educational events. The primary goal is to strengthen familial bonds and promote a healthier, more harmonious family life. By offering these seminars and conferences, Forever Families Inc seeks to foster a stronger, more resilient community, ultimately improving overall family well-being.
Official website here: www.foreverfamilies.com
What is the revenue of Forever Families Inc Forever Families Inc?
Forever Families Inc Forever Families Inc's revenue in 2023 was $307,024.
Official website here: www.foreverfamilies.com
Who are the executives of Forever Families Inc Forever Families Inc and what are their salaries?
The average compensation at Forever Families Inc Forever Families Inc during 2023 was $62,691. There are 3 employees at Forever Families Inc Forever Families Inc.
Here are 8 key members and their salaries:
- Compensation: $78,784
- Related: $0
- Other: $0
- Compensation: $48,442
- 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.foreverfamilies.com
Where can I find the form 990 for Forever Families Inc Forever Families Inc?
Forever Families Inc Forever Families Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foreverfamilies.com
Learn more at the official website: www.foreverfamilies.com
Mission Statement of Forever Families Inc Forever Families Inc
Forever Families Inc, a nonprofit organization, is dedicated to enhancing marital and family relationships. Their mission lies in conducting enrichment seminars and conferences for churches and various organizations. Through these educational events, they aim to foster stronger connections within families and marriages, ultimately promoting healthier and more harmonious relationships.
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Impact
July, 2024
Forever Families Inc Forever Families Inc's impact lies in providing marriage and family enrichment seminars and conferences to churches and other organizations in Knoxville, TN. Their mission is centered around strengthening relationships within families and communities through their educational programs. By offering these valuable resources, Forever Families Inc is contributing to the improvement of marriages and family dynamics in the local area, ultimately fostering healthier and more connected communities. Their focus on providing support and guidance in this important aspect of life can have a lasting and positive impact on individuals and families who participate in their programs.
This information is meant to be a general summary of Forever Families Inc Forever Families 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 2023.
- Investment Income: $11,209
- Program Service Revenue: $117,122
- Gross Receipts: $307,024
Assets and Liabilities:
- Total Assets: $791,309
- Total Liabilities: $48,919
- Net Assets: $742,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPEAKING APPEARANCES
Revenue
$87,127
RESOURCE ITEMS
Revenue
$29,995
Organization Details
Founding Year
1996
Principal Officer
Jeff Mcelroy
Website
www.foreverfamilies.comNTEE Category
Code: X20 - Religion related
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