Overview
What is Praed Foundation?
Praed Foundation is a nonprofit organization situated in Chicago, Illinois, specifically at 550 North Kingsbury Street 101. Their primary focus is on supporting transformative initiatives in human services, with a special emphasis on improving the lives of children and families. They achieve this goal by fostering collaboration among individuals and organizations, utilizing evidence-based assessments as their approach. Praed Foundation offers contract services, including training and certification in the CANS (Child and Adolescent Needs and Strengths) assessment and streamlining consumer/client satisfaction information flow. Furthermore, they provide collaborative consultation services to analyze the outcomes of their reporting system.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
The Praed Foundation has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 56%, the foundation lacks independent board members, which is critical for ensuring transparency and governance. Additionally, the organization has not provided its financial statements, which raises questions about its financial health and operations.
Despite these shortcomings, the foundation demonstrates a strong program expense ratio of 92.96%, suggesting that a high percentage of its expenditures are directed towards its programs. However, the absence of key policies such as a whistleblower policy and proper documentation regarding financial management practices further limits its credibility and accountability.
Overall, while the Praed Foundation shows commitment in its program spending, its lack of financial transparency and governance practices poses a significant risk to stakeholders. Improvements in these areas are necessary for the organization to enhance its rating and instill greater confidence among donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Praed Foundation legitimate?
Praed Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Praed 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
What is the mission statement of Praed Foundation?
The Praed Foundation's mission is centered around supporting transformative activities in human services, with a particular focus on improving the lives of children and families. This is achieved through a collaborative effort involving individuals and organizations, utilizing evidence-based assessments as a method of working together. The foundation provides training and certification for the CANS (Child and Adolescent Needs and Strengths) assessment and aims to streamline the flow of information regarding consumer/client satisfaction. Additionally, they offer collaborative consultation services regarding the outcomes of their reporting system.
Who is the CEO of Praed Foundation?
John Lyons is the President of Praed Foundation.
What is the revenue of Praed Foundation?
Praed Foundation's revenue in 2022 was $2,692,248.
Who are the executives of Praed Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Praed Foundation?
Praed Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Praed Foundation
Praed Foundation is committed to supporting transformative activities in the human services sector, with a particular focus on improving the lives of children and families. To achieve this goal, the organization fosters a collaborative effort involving individuals and organizations. Employing evidence-based assessments as their approach, Praed Foundation works together to drive change and make a significant impact. Their mission is to enhance human services by leveraging the collective strength of various entities, with a special emphasis on uplifting the well-being of children and families.
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
October, 2024
Praed Foundation significantly enhances the well-being of children and families by fostering transformational activities within human services. By promoting mass collaboration among individuals and organizations, it ensures that efforts are synchronized and impactful. The foundation emphasizes the use of evidence-based assessments, focusing particularly on programs like CANS (Child and Adolescent Needs and Strengths), which supports effective training and certification.
The foundation not only streamlines communication regarding consumer and client satisfaction but also provides collaborative consultation services to improve reporting systems and outcomes. Through these efforts, Praed Foundation plays a vital role in elevating service delivery, ensuring that children's and families' needs are prioritized and effectively met. This comprehensive approach leads to improved life chances for vulnerable populations, making meaningful strides in supporting communities in and around Chicago, IL.
This information is meant to be a general summary of Praed 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: -$51,792
- Program Service Revenue: $2,726,218
- Gross Receipts: $2,692,248
Assets and Liabilities:
- Total Assets: $2,636,458
- Total Liabilities: $711,709
- Net Assets: $1,924,749
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$1,361,134
ONLINE TRAINING
Revenue
$1,225,473
ANNUAL USERS CONFERENCE
Revenue
$139,611
Organization Details
Phone
(312) 209-4940Principal Officer
John Lyons
Main Address
550 NORTH KINGSBURY STREET 101, CHICAGO, IL, 606545744
NTEE Category
Code: P99 - Human services
If you are a representative of Praed Foundation 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.