Overview
What is Embracing Futures Inc?
Embracing Futures Inc, a nonprofit organization with a base in Akron, Ohio, focuses on improving the lives of underprivileged children by addressing their severe orthodontic issues. This compassionate organization operates in Summit, Stark, Portage, Medina, and Wayne counties. Their primary mission is to provide financial assistance for orthodontic and dental care, which is often unattainable through government-funded programs or Medicaid. By doing so, they help children overcome self-consciousness and improve their self-esteem and confidence. In addition to financial aid, Embracing Futures Inc offers oral health education to elementary school students. They follow a meticulous process to identify eligible children, assess their financial needs, and validate their medical requirements. Once approved, they cover the costs of orthodontic treatment until completion, ensuring these children can enjoy better health and improved opportunities in their future. The organization has aided over 400 children in the past decade, demonstrating a significant impact on their lives and the community at large.
Official website here: www.embracingfuturesinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Embracing Futures Inc has received a solid Three-Star rating from Charity Navigator, with an overall score of 81%. This score reflects the charity's strong focus on Accountability & Finance, which is the sole factor in this rating. The organization demonstrates commendable financial practices, as evidenced by a low liabilities to assets ratio of 0.22% and a high program expense ratio of 84.04%, indicating that a significant portion of its budget is directed towards its programs.
Strengths of Embracing Futures Inc include 100% independent board members and clear policies in place, such as a conflict of interest policy and a whistleblower policy. The organization ensures transparency and governance adherence through documented board meeting minutes and proper document retention practices. These elements contribute positively to the charity's accountability and overall organizational health.
While the charity scores well in finance and accountability, it's important for potential donors to consider the organization's impact in relation to its financial efficiency. This rating provides a positive overview, but further information on program effectiveness and outcomes would be beneficial for a comprehensive evaluation. Overall, Embracing Futures Inc appears to have a sound financial foundation and governance structure.
This AI summary has been generated from information found on Charity Navigator.
Is Embracing Futures Inc legitimate?
Embracing Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embracing Futures 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: $73,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,852
For more financial information, click here
Official website here: www.embracingfuturesinc.org
What is the mission statement of Embracing Futures Inc?
Embracing Futures Inc is an organization committed to making a positive impact in the lives of underprivileged children. Their mission is to provide financial assistance for orthodontic and other dental care for children who cannot afford it and have been rejected by Medicaid or other government-funded programs. This assistance aims to improve the oral health of these children, thereby enhancing their self-esteem, confidence, and overall quality of life. Through a unique process, Embracing Futures identifies eligible children, verifies their financial needs, validates their medical needs, and finances the orthodontic treatment until completion. Over the past decade, they have helped over 400 children, recognizing the significant impact of poor oral health on self-esteem, school performance, and economic productivity. The organization's efforts in oral health education for elementary school students further contribute to the overall health and well-being of these children.
Official website here: www.embracingfuturesinc.org
Who is the CEO of Embracing Futures Inc?
Mark W Fairhurst is the Executive Di of Embracing Futures Inc.
Official website here: www.embracingfuturesinc.org
What is the revenue of Embracing Futures Inc?
Embracing Futures Inc's revenue in 2022 was $610,349.
Official website here: www.embracingfuturesinc.org
Who are the executives of Embracing Futures Inc and what are their salaries?
The average compensation at Embracing Futures Inc during 2022 was $39,675. There are 3 employees and 13 volunteers at Embracing Futures Inc.
Here are 14 key members and their salaries:
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Official website here: www.embracingfuturesinc.org
Where can I find the form 990 for Embracing Futures Inc?
Embracing Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.embracingfuturesinc.org
Learn more at the official website: www.embracingfuturesinc.org
Mission Statement of Embracing Futures Inc
Embracing Futures Inc, a nonprofit organization, is dedicated to making a significant impact in the lives of underprivileged children residing in Summit, Stark, Portage, Medina, and Wayne Counties. Their primary mission is to offer financial assistance for orthodontic and other dental care to these children, who are suffering from severe orthodontic issues and have been denied aid by Medicaid or other government-funded programs.
The core program of Embracing Futures Inc is their orthodontic care initiative, a reactive process that identifies eligible children, verifies their financial needs, conducts two orthodontic exams to validate the medical necessity, and seeks approval from their board of trustees before financing the treatment costs. Once approved, the organization partners with an orthodontist to ensure the successful completion of the treatment. Over the past ten years, Embracing Futures Inc has assisted over 400 children, helping them overcome self-consciousness about their teeth and enhancing their self-esteem and confidence. This improvement in self-confidence can lead to more productive individuals as they transition from school into adulthood.
As stated by Donna Skoda, Summit County Public Health Commissioner, poor oral health, untreated oral diseases, and severe orthodontic problems have a substantial impact on an individual's quality of life, including loss of self-esteem, poor academic performance, and decreased economic productivity. Embracing Futures Inc recognizes that maintaining oral health is not merely a cosmetic activity but a crucial component of a comprehensive healthcare plan and a wise investment in an individual's physical and emotional well-being, particularly for children.
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Impact
July, 2024
Embracing Futures Inc's impact can be seen in the lives of over 400 children from impoverished households who have received orthodontic braces through their unique program. By providing orthodontic care to children who have been turned down by Medicaid or other government-funded programs, Embracing Futures Inc is not only improving the children's oral health but also boosting their self-esteem and confidence. This, in turn, can lead to better performance in school and increased opportunities for success as they transition into adulthood.
Donna Skoda, Summit County Public Health Commissioner, emphasized the importance of oral health, stating that untreated oral diseases and severe orthodontic problems can have a significant impact on quality of life, including loss of self-esteem and decreased economic productivity. Embracing Futures Inc's mission to make a difference in the lives of needy and underprivileged children through financial assistance for orthodontic and other dental care is addressing a critical unmet healthcare need in their community.
By providing access to dental services and oral health education, Embracing Futures Inc is not only ensuring the physical well-being of these children but also investing in their emotional health and future success. Their impact goes beyond straightening teeth; it is about empowering children to lead healthier, more confident lives.
This information is meant to be a general summary of Embracing Futures 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: $335,514
- Program Service Revenue: $1,750
- Gross Receipts: $610,349
Assets and Liabilities:
- Total Assets: $2,038,083
- Total Liabilities: $4,511
- Net Assets: $2,033,572
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ORTHODONTIC FAMILY LOAN PYMTS
Revenue
$1,750
Organization Details
Founding Year
1946
Phone
(330) 253-7700Principal Officer
Mark W Fairhurst
Main Address
50 S MAIN STREET RM/STE LL 100, AKRON, OH, 44308
Website
www.embracingfuturesinc.orgNTEE Category
Code: E320 - Health
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