Overview
What is Franciscan Community Benefit Services?
Franciscan Community Benefit Services, as outlined in the provided information, is a charitable organization with a religious purpose, specifically supporting the ministries of the Franciscan Sisters of Chicago. Their primary focus is to increase access to Catholic high schools for at-risk and economically disadvantaged young women from the Chicago area. They offer various assistance programs, including tuition aid, tutoring, service projects, and college and career readiness initiatives. The organization's mission is to celebrate life and serve with joy, with a vision to provide educational opportunities and career readiness support for the young women they serve. Their activities are carried out at 11500 Theresa Drive, Lemont, IL.
Official website here: www.madonnascholars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating.
Franciscan Community Benefit Services has received an 89% score from Charity Navigator, indicating a strong performance in its Accountability and Finance metrics. This score reflects a commitment to transparency and proper financial management, with no material diversion of assets reported and a solid program expense ratio of nearly 72%. The organization shows accountability through comprehensive policies and procedures, including a conflict of interest policy and a whistleblower policy.
The board governance structure appears robust with a high percentage of independent board members, although the total number of independent members is low, which may limit diverse perspectives in decision-making. Nonetheless, the charity has strong financial oversight, evidenced by the presence of an audit committee and well-maintained meeting documentation.
While the overall rating is commendable, the limited size of the independent board may raise concerns regarding inclusivity and varied representation. However, the charity's focus on accountability and strong financial practices forms a positive basis for its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Franciscan Community Benefit Services?
100% of 6 reviewers on Facebook recommend Franciscan Community Benefit Services. Here is a summary of their reviews:
Those who attended events organized by the nonprofit express heartfelt appreciation for the experiences facilitated by Franciscan Community Benefit Services. Their 40th Anniversary Reunion of the Madonna High School Class of 1977 stands out as a particularly memorable occasion, highlighting the organization’s role in fostering meaningful connections among attendees.
Overall, the sentiments shared indicate strong satisfaction with the services offered, showcasing the nonprofit's ability to create engaging and memorable opportunities for community gatherings. The positive response clearly reflects the organization's commitment to enriching the lives of those they serve.
This AI summary has been generated from reviews found on Facebook.
Is Franciscan Community Benefit Services legitimate?
Franciscan Community Benefit Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan Community Benefit Services 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: $139,250
For more financial information, click here
Official website here: www.madonnascholars.org
What is the mission statement of Franciscan Community Benefit Services?
Franciscan Community Benefit Services is organized and operated for charitable and religious purposes, primarily supporting the ministries of the Franciscan Sisters of Chicago. Their mission is to celebrate life and serve with joy. The organization's vision is to provide access to Catholic high schools and offer programs for higher education and career readiness for young women from the Chicago area, particularly those from economically challenged families. To achieve this, they offer tuition assistance, tutoring, service projects, and college and career readiness programs.
Official website here: www.madonnascholars.org
Who is the CEO of Franciscan Community Benefit Services?
Unavailable The CEO's salary of Franciscan Community Benefit Services is $0 and their total compensation is $693,332.
Official website here: www.madonnascholars.org
What is the revenue of Franciscan Community Benefit Services?
Franciscan Community Benefit Services's revenue in 2022 was $714,567.
Official website here: www.madonnascholars.org
Who are the executives of Franciscan Community Benefit Services and what are their salaries?
There 5 volunteers at Franciscan Community Benefit Services.
Here are 7 key members and their salaries (Franciscan Community Benefit Services's CEO's salary is $0 and their total compensation is $693,332):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $624,150
- Other: $69,182
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $354,797
- Other: $31,388
- Compensation: $0
- Related: $62,287
- Other: $11,136
- Compensation: $0
- Related: $85,440
- Other: $13,782
Official website here: www.madonnascholars.org
Where can I find the form 990 for Franciscan Community Benefit Services?
Franciscan Community Benefit Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madonnascholars.org
Learn more at the official website: www.madonnascholars.org
Mission Statement of Franciscan Community Benefit Services
Franciscan Community Benefit Services, an organization committed to charitable and religious purposes, is dedicated to supporting the ministries of the Franciscan Sisters of Chicago. Their mission, in simple terms, is to celebrate life and serve with joy. The organization's vision is more specifically focused on providing access to Catholic high schools and offering programs for higher education and career readiness for young women from the Chicago area. To achieve this, the Madonna Foundation, an integral part of Franciscan Community Benefit Services, focuses on increasing access to Catholic high schools for at-risk and underserved young women from the Chicago area who are facing economic difficulties. The Madonna Foundation provides various forms of assistance, including tuition assistance, tutoring, service projects, and college and career readiness programs.
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Impact
October, 2024
Franciscan Community Benefit Services significantly enhances educational opportunities for at-risk and underserved young women in the Chicago area through its Madonna Foundation. By focusing on increasing access to Catholic high schools, the organization directly addresses the challenges faced by families experiencing economic difficulties.
Through initiatives such as tuition assistance, tutoring, and service projects, the foundation not only supports the educational aspirations of these young women but also prepares them for future success with college and career readiness programs. This comprehensive approach empowers individuals to break the cycle of poverty, fostering a sense of community and providing hope for a brighter future. Additionally, the organization’s mission to celebrate life and serve with joy resonates throughout its activities, further enriching the lives of those it serves and contributing to the greater good of the community in Lemont, Illinois.
This information is meant to be a general summary of Franciscan Community Benefit Services. 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: $466,009
- Gross Receipts: $1,615,217
Assets and Liabilities:
- Total Assets: $17,265,411
- Total Liabilities: $6,104
- Net Assets: $17,259,307
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Organization Details
Founding Year
2001
Phone
(331) 318-5200Main Address
11500 Theresa Drive, Lemont, IL, 604392727
Website
www.madonnascholars.orgNTEE Category
Code: X22 - Religion related
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