Overview
What is Friendly Center Inc?
Friendly Center Inc, based in Toledo, Ohio, is a faith-based, nonprofit organization devoted to empowering its local community. Its primary mission involves offering resources to neighborhoods, aiming to transform lives. The Friendly Center's Family Resources Program is instrumental in this mission, providing stabilizing services to address basic needs and offer intake and referral services. This program also serves as a data collection tool, informing decision-makers for future programs within the Friendly Center and the broader community. With a dedicated team of one individual, the Friendly Center is committed to assisting neighborhood families and individuals, offering them opportunities to grow and empower themselves to achieve their personal goals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star rating)
Friendly Center Inc has achieved a 65% rating from Charity Navigator, which reflects some strengths in its operational practices but also highlights significant concerns. The charity has an impressive program expense ratio of 84.57%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization benefits from a fully independent board, scoring maximum points in both board member independence and size, which suggests effective governance.
However, the rating also reveals critical weaknesses, particularly in its financial health, as indicated by a liabilities to assets ratio of 102.48%, which raises concerns about the sustainability of the organization. This high ratio suggests that the charity's liabilities exceed its assets, potentially putting its financial stability at risk. While the charity demonstrates a commitment to accountability through its documentation processes, the overall financial health and sustainability remain questionable.
Overall, while Friendly Center Inc shows a strong commitment to its programs and governance, its financial challenges could pose risks to its ongoing operations and effectiveness. Potential donors and supporters may want to consider these factors when evaluating their contributions to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Friendly Center Inc legitimate?
Friendly Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendly Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,752
For more financial information, click here
What is the mission statement of Friendly Center Inc?
The Friendly Center Inc is a faith-based community center committed to supporting its neighbors. Its mission is to provide resources that empower neighborhood families and individuals, enabling them to pursue their personal goals. The organization operates a Family Resources Program, which aims to stabilize families and individuals in the community by addressing basic needs and offering intake and referral services. This program also serves as a data collection method to guide decision-makers for future programs within the Friendly Center and the community at large.
Who is the CEO of Friendly Center Inc?
Janis Kleine is the Interim Pres of Friendly Center Inc.
What is the revenue of Friendly Center Inc?
Friendly Center Inc's revenue in 2023 was $77,652.
Who are the executives of Friendly Center Inc and what are their salaries?
The average compensation at Friendly Center Inc during 2023 was $31,752. There is 1 employee at Friendly Center Inc.
Here are 6 key members and their salaries:
- 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
Where can I find the form 990 for Friendly Center Inc?
Friendly Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friendly Center Inc
The Friendly Center Inc, a faith-based community center, is dedicated to uplifting its neighboring communities. Its mission is centered around providing resources that empower neighborhood families and individuals, enabling them to grow and achieve their personal goals. The organization's Family Resources Program is a crucial component of this mission. This program offers services designed to stabilize families and individuals within the community. It addresses basic needs and intake, as well as providing referral services. Furthermore, the data collected through this program serves as an invaluable resource for decision-makers, informing future programming at the Friendly Center and within the broader community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Friendly Center Inc's impact is evident in the lives it transforms within neighborhoods by empowering families and individuals with resources. Through its family resources program, the organization stabilizes families by addressing basic needs and offering intake and referral services. By collecting data and informing decision-makers for future programs, Friendly Center enhances its ability to serve both its immediate community and the larger society. With a mission rooted in faith and a commitment to empowering neighbors, Friendly Center provides opportunities for growth and self-empowerment to help individuals achieve their personal goals.
This information is meant to be a general summary of Friendly Center 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: $440
- Gross Receipts: $78,643
Assets and Liabilities:
- Total Assets: $30,569
- Total Liabilities: $31,329
- Net Assets: -$760
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1972
Phone
(419) 243-1289Principal Officer
Janis Kleine
Main Address
1324 N SUPERIOR, TOLEDO, OH, 43604
NTEE Category
Code: P280 - Human services
If you are a representative of Friendly Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.