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Friendly Inn Settlement Inc

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

EIN: 340714413 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Friendly Inn Settlement Inc?

Friendly Inn Settlement Inc is a non-profit organization situated in Cleveland, Ohio, primarily focused on uplifting individuals, families, and communities. Through their out-of-school time services, they target at-risk youth in Cuyahoga county, aiming to enhance their academic, behavioral, emotional, and social well-being. Beyond this, Friendly Inn Settlement extends its services to families and children in the local area, contributing positively to their lives. Their mission is to better the quality of life by cultivating, planting, and nurturing individuals, families, and communities, encouraging them to make a difference in the world.


Official website here: www.thefriendlyinn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Friendly Inn Settlement Inc has achieved an 81% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating is based entirely on their Accountability & Finance score, highlighting the organization's commitment to ethical practices and financial stewardship.

The nonprofit demonstrates strong governance, with 100% of its board members being independent and a well-structured board size of 15 members. Additionally, they have implemented several policies such as conflict of interest and whistleblower protections, all of which contribute to their high accountability score. Their program expense ratio stands at 77.88%, indicating that a significant portion of their funds is directed towards their programs rather than administrative costs.

While the organization shows robust financial health with a low liabilities to assets ratio of 9.94%, it is essential for potential donors to consider the overall impact and effectiveness of the programs funded by these expenses. Overall, Friendly Inn Settlement Inc appears to be a reliable choice for those looking to support an organization with strong governance and financial practices.


This AI summary has been generated from information found on Charity Navigator.

Is Friendly Inn Settlement Inc legitimate?

Friendly Inn Settlement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendly Inn Settlement 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $832,793

For more financial information, click here


Official website here: www.thefriendlyinn.org

What is the mission statement of Friendly Inn Settlement Inc?

Friendly Inn Settlement Inc's mission is centered around enhancing life quality. They achieve this by fostering, nurturing, and cultivating individuals, families, and communities, encouraging them to make a meaningful impact in the world. This organization provides out-of-school time services to at-risk youth in Cuyahoga County, aiming to improve their academic, behavioral, emotional, and social well-being. Beyond this, Friendly Inn Settlement offers services to families and children in Cleveland, Ohio, contributing to their overall development and growth.


Official website here: www.thefriendlyinn.org

Who is the CEO of Friendly Inn Settlement Inc?

Yolanda Armstrong is the Executive Di of Friendly Inn Settlement Inc.


Official website here: www.thefriendlyinn.org

What is the revenue of Friendly Inn Settlement Inc?

Friendly Inn Settlement Inc's revenue in 2022 was $1,559,935.


Official website here: www.thefriendlyinn.org

Who are the executives of Friendly Inn Settlement Inc and what are their salaries?

The average compensation at Friendly Inn Settlement Inc during 2022 was $25,074. There are 38 employees at Friendly Inn Settlement Inc.


Here are 15 key members and their salaries:


Yolanda Armstrong (Executive Di)
  • Compensation: $120,000
  • Related: $0
  • Other: $0
Robert Bankston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyanna Blanchard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Crowder (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Darby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latonia Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charise Dawson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Belinda Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brunetta Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Cobb Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Klein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terenna Marks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Maureen Mitchell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyson Mitchell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tameka Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thefriendlyinn.org

Where can I find the form 990 for Friendly Inn Settlement Inc?

Friendly Inn Settlement Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thefriendlyinn.org

Learn more at the official website: www.thefriendlyinn.org

Mission Statement of Friendly Inn Settlement Inc

Friendly Inn Settlement, a nonprofit organization, is committed to enhancing the quality of life for individuals, families, and communities. They achieve this mission by cultivating, planting, and nurturing these entities, empowering them to contribute positively to the world. Specifically, Friendly Inn Settlement offers out-of-school time services to at-risk youth in Cuyahoga county. These services aim to improve the youth's academic performance, behavior, emotional well-being, and social skills. Beyond this, the organization extends its support to families and children in Cleveland, Ohio, further contributing to the betterment of their community.

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Impact




October, 2024

Friendly Inn Settlement Inc plays a vital role in enhancing the quality of life for individuals, families, and communities, particularly in Cuyahoga County. By focusing on at-risk youth, they provide essential out-of-school programs that empower young people to improve their academic performance as well as their behavioral, emotional, and social skills. This targeted support fosters resilience and growth, enabling youth to navigate challenges effectively.

Additionally, the organization extends its impact by offering vital services to families and children in Cleveland, addressing various needs and promoting overall community well-being. Through their initiatives, Friendly Inn Settlement cultivates a supportive environment where individuals can thrive, encouraging a culture of improvement and connection. This nurturing approach not only helps individuals and families to overcome immediate obstacles but also contributes to building a stronger, more interconnected community, ultimately making a lasting difference in the world.




This information is meant to be a general summary of Friendly Inn Settlement 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
$1,559,935 (2022)
Expenses
$1,888,257 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,575
  • Program Service Revenue: $488,250
  • Gross Receipts: $1,559,935

Assets and Liabilities:

  • Total Assets: $5,241,441
  • Total Liabilities: $521,427
  • Net Assets: $4,720,014

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Programs

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

PROGRAM SERVICE FEES

Revenue

$360,822

UNITED WAY

Revenue

$117,705

FEE FOR SERVICE - OTHER

Revenue

$9,723

Organization Details

Founding Year

1874

Principal Officer

Yolanda Armstrong

Main Address

2386 UNWIN ROAD, CLEVELAND, OH, 44104

NTEE Category

Code: P200 - Human services

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