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The Family Compass Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320011112 ✦ Dyer, IN ✦ Designated as a 501(c)(4)

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Overview

What is The Family Compass Inc?

The Family Compass Inc, located in Dyer, Indiana, is a dedicated nonprofit organization focused on providing therapeutic foster care services to children who have been placed as wards of the state due to abuse or neglect. Their mission involves recruiting, training, and licensing foster parents, ensuring these individuals are well-equipped to care for these vulnerable children. By collaborating with the children's community support system, caseworkers, foster parents, and biological parents, they aim to facilitate the goals of reunification, adoption, or independent living for these children. With a team of seven committed employees, The Family Compass Inc plays a crucial role in supporting the emotional and physical well-being of these children during challenging times.


Official website here: www.thefamilycompass.net

Is The Family Compass Inc legitimate?

The Family Compass Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Family Compass 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: $376,442
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,692

For more financial information, click here


Official website here: www.thefamilycompass.net

What is the mission statement of The Family Compass Inc?

The Family Compass Inc's mission is centered around recruiting, training, and licensing foster parents. Their primary objective is to provide a caring home for children who have become wards of the state due to abuse or neglect. The organization's services aim to promote therapeutic foster care, working closely with the children, their community support system, caseworkers, foster parents, and biological parents. The ultimate goal is to facilitate processes leading towards reunification, adoption, or independent living for these children.


Official website here: www.thefamilycompass.net

Who is the CEO of The Family Compass Inc?

Angel Morales is the Chief Exec. Officer of The Family Compass Inc.


Official website here: www.thefamilycompass.net

What is the revenue of The Family Compass Inc?

The Family Compass Inc's revenue in 2022 was $585,152.


Official website here: www.thefamilycompass.net

Who are the executives of The Family Compass Inc and what are their salaries?

The average compensation at The Family Compass Inc during 2022 was $71,305. There are 7 employees at The Family Compass Inc.


Here are 3 key members and their salaries:


Angel Morales (Chief Exec. Officer)
  • Compensation: $150,000
  • Related: $0
  • Other: $6,000
Michele A Semisch (Chief Operating Officer)
  • Compensation: $150,000
  • Related: $0
  • Other: $6,000
Roz Whitcombe (Director)
  • Compensation: $75,000
  • Related: $0
  • Other: $3,000


Official website here: www.thefamilycompass.net

Where can I find the form 990 for The Family Compass Inc?

The Family Compass Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thefamilycompass.net

Learn more at the official website: www.thefamilycompass.net

Mission Statement of The Family Compass Inc

The Family Compass Inc, a nonprofit organization, is dedicated to a mission that revolves around recruiting, training, and licensing foster parents. This mission serves a vital role in providing a safe and nurturing environment for children who, due to abuse or neglect, have become wards of the state. The organization's ultimate goal is to place these children in the care of these licensed foster parents.

Beyond just placement, The Family Compass Inc also plays a significant role in the overall well-being of these children. They offer therapeutic foster care services, working closely with the children, their community support systems, caseworkers, foster parents, and biological parents. The aim is to further the objectives of family reunification, adoption, or independent living for these children, ensuring their overall growth and development. The organization's comprehensive approach to foster care ensures that each child receives the support they need to thrive and move forward in their lives.

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Impact




October, 2024

The Family Compass Inc has a profound impact on the lives of children in the Dyer, IN community who have experienced abuse or neglect. By recruiting, training, and licensing foster parents, the organization provides a safe and nurturing environment for these vulnerable children, placing them in the care of families dedicated to their well-being.

Through the provision of therapeutic foster care services, The Family Compass Inc not only addresses the immediate needs of the children but also facilitates healing and emotional support. This is achieved by collaborating with a wide network that includes community support systems, caseworkers, foster parents, and biological parents. Such collaboration aims to further the goals of reunification, adoption, or independent living, ensuring that each child has a path forward.

The agency's efforts significantly contribute to breaking the cycle of abuse and neglect, fostering stability and hope for many children and families. By focusing on empowerment and recovery, The Family Compass Inc plays a crucial role in transforming lives and building stronger communities.




This information is meant to be a general summary of The Family Compass 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.

Revenue
$585,152 (2022)
Expenses
$911,140 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,258
  • Program Service Revenue: $554,994
  • Gross Receipts: $585,152

Assets and Liabilities:

  • Total Assets: $745,731
  • Total Liabilities: $22,974
  • Net Assets: $722,757

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FOSTER CARE

Revenue

$554,994

Organization Details

Founding Year

2002

Principal Officer

Angel Morales

Main Address

935 SHEFFIELD AVENUE, DYER, IN, 463111165

NTEE Category

Code: P32 - Human services

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