Overview
What is Family Life Foundation Inc?
Family Life Foundation Inc, doing business as Family Solutions, is a nonprofit organization that historically offered liaison services to aid foster care families in their mission to assist abused and neglected children. Currently, the organization is undergoing a transition, actively winding down operations and liquidating its assets. Despite its current state, Family Solutions' primary focus was to support those families in their crucial role of providing a safe and nurturing environment to vulnerable children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating.
Family Life Foundation Inc, doing business as Family Solutions, has achieved an impressive 97% score, which translates to a prestigious Four-Star rating. This rating showcases the organization's strong commitment to accountability and finance, with a perfect score in this category. The assessment is based on a comprehensive evaluation of various beacons, highlighting the foundation's financial health and operational transparency.
The foundation boasts a fully independent board, with 100% of its members meeting independence criteria. This aspect reflects a robust governance structure that is essential for maintaining integrity and trust. Furthermore, there are no reported issues related to material diversion of assets, indicating effective financial management practices.
In terms of financial efficiency, Family Solutions demonstrates a high program expense ratio of 86.84%, meaning a significant portion of their budget is allocated directly to their programs. This is complemented by a low liabilities-to-assets ratio of 0.80%, suggesting sound fiscal stability. Overall, the organization is well-regarded for its operational integrity and effective use of resources, although specific program outcomes or community impact metrics are not detailed in the rating data.
This AI summary has been generated from information found on Charity Navigator.
Is Family Life Foundation Inc legitimate?
Family Life Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Life Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Family Life Foundation Inc?
Family Life Foundation Inc, doing business as Family Solutions, initially aimed to offer liaison services, assisting foster care families in their endeavors to support abused and neglected children. However, the organization is currently undergoing a transition, actively winding down its operations and liquidating its assets. As of now, it does not have an active mission statement.
Who is the CEO of Family Life Foundation Inc?
Thomas Ortner is the President of Family Life Foundation Inc.
What is the revenue of Family Life Foundation Inc?
Family Life Foundation Inc's revenue in 2023 was $57,088.
Who are the executives of Family Life Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Family Life Foundation Inc?
Family Life Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Family Life Foundation Inc
Family Life Foundation Inc Dba Family Solutions, in its mission, previously offered liaison services to aid foster care families in their endeavors to support abused and neglected children. Currently, the organization is in the process of winding down its operations and liquidating all assets. Originally, Family Solutions played a crucial role in supporting foster families by providing them with the necessary resources and assistance to care for children who had been victims of neglect or abuse. However, as of now, the organization is in the final stages of its operations, concluding its mission in this area.
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Impact
August, 2024
Family Solutions, under the umbrella of Family Life Foundation Inc, has made a significant impact by providing vital support to foster care families in their mission to care for abused and neglected children. Through their liaison services, they have facilitated the nurturing and healing of vulnerable youth within the foster care system. Their dedication to this cause has undoubtedly touched the lives of many children in need.
This information is meant to be a general summary of Family Life Foundation 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: $2,918
- Program Service Revenue: $54,170
- Gross Receipts: $57,088
Assets and Liabilities:
- Total Assets: $114,098
- Total Liabilities: $1,351
- Net Assets: $112,747
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Organization Details
Phone
(530) 624-9699Principal Officer
Thomas Ortner
Main Address
130 YELLOWSTONE DRIVE, CHICO, CA, 95973
NTEE Category
Code: O99Z - Youth development
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