Overview
What is Synergy Family Foster Care Inc?
Synergy Family Foster Care Inc, located in Chillicothe, Ohio, is a dedicated nonprofit organization with a mission to support foster and adoptive families. They train and license approximately 15 new parents annually, providing them with essential resources to care for children in need. Furthermore, the organization places and manages around 60 children in these licensed homes, ensuring their well-being and offering ongoing support to the foster or adoptive parents. The organization's workforce is relatively small, with just seven employees, yet their commitment to shaping the lives of vulnerable children is undeniable.
Official website here: www.synergyffc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Synergy Family Foster Care Inc has received a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating indicates a solid performance in accountability and finance, with high marks for independent board member composition and financial auditing practices. The organization excels with a program expense ratio of 97.57%, suggesting that a significant portion of its funding is directed toward its programs rather than administrative costs.
However, there are notable limitations in the organization's governance practices. While it boasts a fully independent board, several key policies are missing, including a conflict of interest policy, a whistleblower policy, and document retention guidelines. Additionally, the absence of a posted tax form on the nonprofit's website raises some transparency concerns that may affect stakeholder trust.
Overall, while Synergy Family Foster Care Inc demonstrates strong financial stewardship and program effectiveness, addressing its governance deficiencies could enhance its credibility and operational integrity. Enhancing these areas may ultimately lead to improved ratings and greater public confidence in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Synergy Family Foster Care Inc legitimate?
Synergy Family Foster Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Synergy Family Foster Care 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:
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Official website here: www.synergyffc.com
What is the mission statement of Synergy Family Foster Care Inc?
Synergy Family Foster Care Inc's mission is centered around training and licensing foster and adoptive parents, as well as providing case management for children in their care. They focus on training approximately 15 foster and adoptive parents annually, equipping them with the necessary skills to provide a nurturing environment. Additionally, the organization places and manages about 60 children each year in these licensed homes. Beyond initial placement, Synergy Family Foster Care Inc offers ongoing training to support the foster or adoptive parents, ensuring they can continue to provide the best care possible for the children under their wings.
Official website here: www.synergyffc.com
Who is the CEO of Synergy Family Foster Care Inc?
Thomas Stetzer is the Executive Administrator of Synergy Family Foster Care Inc.
Official website here: www.synergyffc.com
What is the revenue of Synergy Family Foster Care Inc?
Synergy Family Foster Care Inc's revenue in 2022 was $1,187,880.
Official website here: www.synergyffc.com
Who are the executives of Synergy Family Foster Care Inc and what are their salaries?
There are 7 employees at Synergy Family Foster Care Inc.
Here are 8 key members and their salaries:
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- Compensation: $90,042
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- Other: $19,405
- Compensation: $45,682
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- Other: $27,808
Official website here: www.synergyffc.com
Where can I find the form 990 for Synergy Family Foster Care Inc?
Synergy Family Foster Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.synergyffc.com
Learn more at the official website: www.synergyffc.com
Mission Statement of Synergy Family Foster Care Inc
Synergy Family Foster Care Inc is dedicated to a noble mission. This organization primarily focuses on two key areas. Firstly, it trains and licenses foster and adoptive parents, aiming to welcome approximately 15 new families each year into their program. Secondly, Synergy provides case management services to the children placed in these licensed homes, ensuring the well-being of around 60 children annually. The organization also offers ongoing training to support these foster or adoptive parents, ensuring they are equipped to provide the best possible care for the children under their charge.
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Impact
October, 2024
Synergy Family Foster Care Inc plays a crucial role in the community by training and licensing foster and adoptive parents, ensuring that children in need have stable and nurturing environments. Each year, approximately 15 parents receive the training necessary to become licensed, while the organization supports around 60 children through case management services in these licensed homes.
This impact extends beyond simply placing children; ongoing training for foster and adoptive parents is provided, equipping them with essential skills to care for vulnerable children effectively. By fostering strong, well-prepared families, Synergy Family Foster Care Inc contributes significantly to improving the lives of children and families within the Chillicothe area, addressing critical needs in human services and enriching the community's capacity for care.
This information is meant to be a general summary of Synergy Family Foster Care 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: $69
- Program Service Revenue: $1,181,917
- Gross Receipts: $1,192,149
Assets and Liabilities:
- Total Assets: $271,286
- Total Liabilities: $106,188
- Net Assets: $165,098
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES
Revenue
$1,181,917
Organization Details
Founding Year
2001
Phone
(740) 779-6636Principal Officer
Thomas Stetzer
Main Address
PO BOX 875, CHILLICOTHE, OH, 456010875
Website
www.synergyffc.comNTEE Category
Code: P32 - Human services
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