Overview
What is Faithfirst Foundation?
Faithfirst Foundation is a nonprofit organization located in Eaton Rapids, Michigan (48827). Its primary focus is providing financial aid in the form of grants and scholarships to students attending grade schools, high schools, and undergraduate colleges. Additionally, the foundation offers guidance and pastoral counseling to individuals who have been referred by various schools and agencies. This holistic approach aims to support the academic and emotional well-being of the individuals they assist.
Official website here: www.faithfirstfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Faithfirst Foundation has achieved an 83% score on Charity Navigator, reflecting a solid performance in accountability and finance. The organization is commendable for having a fully independent board of directors, which contributes positively to its governance practices. With a high program expense ratio of 84.84%, it indicates a strong focus on its mission-related activities.
Despite its strengths, there are some notable limitations in the foundation's policies. The absence of a whistleblower policy and a document retention and destruction policy has been highlighted, leading to lower scores in those areas. Nonetheless, the foundation maintains a good liabilities to assets ratio of 26.65%, suggesting a sound financial position.
Overall, while the Faithfirst Foundation demonstrates a strong commitment to transparency and program efficiency, addressing the identified gaps in policies could enhance its governance framework further. The positive aspects of its independent board and financial management are significant indicators of its credibility as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Faithfirst Foundation legitimate?
Faithfirst Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faithfirst Foundation 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: $0
For more financial information, click here
Official website here: www.faithfirstfoundation.org
What is the mission statement of Faithfirst Foundation?
The Faithfirst Foundation's mission involves offering financial aid in the form of grants and scholarships to students in grade schools, high schools, and college undergraduates. Additionally, the organization provides guidance and pastoral counseling to individuals referred by various schools and agencies. This holistic approach aims to support the academic and emotional well-being of these students, helping them navigate their educational journey more effectively.
Official website here: www.faithfirstfoundation.org
Who is the CEO of Faithfirst Foundation?
David Rosenberg is the President of Faithfirst Foundation.
Official website here: www.faithfirstfoundation.org
What is the revenue of Faithfirst Foundation?
Faithfirst Foundation's revenue in 2022 was $212,269.
Official website here: www.faithfirstfoundation.org
Who are the executives of Faithfirst Foundation and what are their salaries?
There 35 volunteers at Faithfirst Foundation.
Here are 6 key members and their salaries:
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Official website here: www.faithfirstfoundation.org
Where can I find the form 990 for Faithfirst Foundation?
Faithfirst Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.faithfirstfoundation.org
Learn more at the official website: www.faithfirstfoundation.org
Mission Statement of Faithfirst Foundation
Faithfirst Foundation is an organization dedicated to providing assistance and support to students at various educational levels. The foundation offers financial aid in the form of grants and scholarships to individuals pursuing their education in grade schools, high schools, and undergraduate programs. In addition to financial aid, Faithfirst Foundation provides guidance and pastoral counseling to individuals referred by various schools and agencies. This counseling service aims to offer emotional and spiritual support to those in need, helping them navigate their educational journeys with confidence and resilience. Overall, the mission of Faithfirst Foundation is to empower and support students, providing them with the necessary resources to succeed academically and personally.
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Impact
October, 2024
Faithfirst Foundation impacts the community by providing essential financial support through grants and scholarships to students at various educational levels, including grade schools, high schools, and college undergraduates. By easing the financial burden of education, the foundation enables students to pursue their academic goals and achieve their potential.
In addition to financial assistance, the foundation offers guidance and pastoral counseling to individuals referred by schools and agencies. This support addresses not only the educational needs but also the emotional and spiritual well-being of students, fostering a holistic approach to personal development.
Through these efforts in Eaton Rapids, MI, Faithfirst Foundation helps to create a more equitable educational landscape, empowering individuals to overcome barriers and succeed in their studies, ultimately contributing to the growth of a stronger, more informed community.
This information is meant to be a general summary of Faithfirst Foundation. 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: -$13,534
- Program Service Revenue: $33,077
- Gross Receipts: $502,092
Assets and Liabilities:
- Total Assets: $1,776,415
- Total Liabilities: $513,225
- Net Assets: $1,263,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
11075 ORBAN ROAD
Revenue
$14,450
716 PLEASANT STREET
Revenue
$13,000
2345 HAMILTON ROAD
Revenue
$5,400
Organization Details
Founding Year
2016
Phone
(517) 388-5291Principal Officer
David Rosenberg
Main Address
2670 SOUTH MICHIGAN ROAD, EATON RAPIDS, MI, 48827
Website
www.faithfirstfoundation.orgNTEE Category
Code: B82 - Education
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