Overview
What is Black Family Development Inc?
Black Family Development Inc is a Detroit, Michigan-based nonprofit organization with a mission to foster healthy family life and human growth among African American communities. They specialize in social work services, with a comprehensive approach that includes family preservation, out-of-home care, literacy programs, basic needs support, and integrated services. The organization, which employs 127 individuals, is committed to making a positive impact on Detroit/Wayne County families through their various programs and initiatives.
Official website here: www.blackfamilydevelopment.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 91% (Four-Star out of Four Star rating)
Black Family Development Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in Accountability and Finance with a score of 91%. The charity demonstrates a commitment to transparency and good governance, evidenced by its independent board composed entirely of members without conflicts of interest, and it maintains thorough financial oversight practices. The organization also excels in program expense, allocating 95.26% of its expenditures directly to its initiatives.
Despite its strong accountability measures, there are areas where the organization could improve. The fundraising efficiency score is notably low at $0.002, indicating that the charity may have room to enhance its fundraising strategies and efforts. Additionally, while the liabilities to assets ratio is reasonable at 38.25%, the working capital ratio of 0.38 years suggests a potential need for better financial management to ensure sustainability and operational flexibility.
Overall, Black Family Development Inc demonstrates a solid foundation in financial accountability and organizational governance. However, addressing its fundraising challenges may further enhance its capacity to support its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Black Family Development Inc legitimate?
Black Family Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Family Development 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: $272,169
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,297,981
For more financial information, click here
Official website here: www.blackfamilydevelopment.org
What is the mission statement of Black Family Development Inc?
Black Family Development Inc is dedicated to fostering healthy family life and supporting human growth within the African American community. They achieve this through the provision and implementation of comprehensive social work services. The organization's mission is centered around promoting wholesome family life and human growth within this specific demographic. Their scope of work includes various programs, such as Family Preservation, Support Out of Home Care, Everybody Ready Soar, Family Connections, and Basic Needs. These programs aim to address the fundamental needs of individuals and families, ensuring their well-being and development.
Official website here: www.blackfamilydevelopment.org
Who is the CEO of Black Family Development Inc?
Kenyatta Stephens is the Ceo of Black Family Development Inc. The CEO's salary of Black Family Development Inc is $272,169 and their total compensation is $272,169.
Official website here: www.blackfamilydevelopment.org
What is the revenue of Black Family Development Inc?
Black Family Development Inc's revenue in 2022 was $16,950,664.
Official website here: www.blackfamilydevelopment.org
Who are the executives of Black Family Development Inc and what are their salaries?
The average compensation at Black Family Development Inc during 2022 was $59,607. There are 127 employees at Black Family Development Inc.
Here are 27 key members and their salaries (Black Family Development Inc's CEO's salary is $272,169 and their total compensation is $272,169):
- Compensation: $272,169
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Official website here: www.blackfamilydevelopment.org
Where can I find the form 990 for Black Family Development Inc?
Black Family Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackfamilydevelopment.org
Learn more at the official website: www.blackfamilydevelopment.org
Mission Statement of Black Family Development Inc
Black Family Development Inc, a dedicated nonprofit organization, is committed to fostering healthy family life and encouraging human growth within the African American communities in Detroit and Wayne County. Through the development and implementation of a comprehensive range of social work services, this esteemed institution aims to make a positive impact.
At the heart of Black Family Development Inc's mission lies the promotion of wholesome family life and human growth. By focusing its efforts on the unique needs of African American communities, the organization aspires to create a lasting difference. Some of the programs and initiatives under its umbrella include Family Preservation, Everybody Ready Soar, Family Connections Basic Needs, and the Integrated Services Program. Each of these initiatives aims to address various aspects of community well-being and support individuals in their journey towards self-sufficiency and improved quality of life.
Family Preservation, a key component of Black Family Development Inc's mission, seeks to prevent the unnecessary separation of families by providing essential support services. This program offers out-of-home care and other necessary interventions to help families navigate challenges and maintain their unity.
The Everybody Ready Soar initiative is designed to empower individuals and families, enabling them to reach their full potential. This program may include educational opportunities, life skills training, and access to resources that contribute to personal growth and development.
Black Family Development Inc's Family Connections Basic Needs program addresses the most fundamental requirements for a stable and healthy family life. This may include access to food, clothing, and shelter, as well as assistance with securing employment and other essential services.
Lastly, the Integrated Services Program is a comprehensive approach that combines various aspects of social work and community support to create a holistic solution for individuals and families in need. By addressing multiple areas of concern, Black Family Development Inc strives to provide a more effective and sustainable impact on the lives of those it serves.
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Impact
October, 2024
Black Family Development Inc plays a crucial role in enhancing the well-being of families and individuals in Detroit and Wayne County. By focusing on African American communities, the organization works to promote wholesome family life and foster human growth through a comprehensive array of social work services.
Their Family Preservation Support initiative is essential in helping families stay together, offering assistance that addresses various challenges they face. The Out of Home Care program provides safe, nurturing environments for children when necessary, ensuring that they receive the care they need while maintaining connections with their families.
With the Everybody Ready Soar program, Black Family Development Inc prepares children and families for success, helping to bridge gaps in education and resources. Additionally, their Family Connections Basic Needs service addresses fundamental requirements, ensuring that families have access to food, shelter, and other vital resources.
Through the Integrated Services Program, they coordinate a holistic approach to support, connecting families with essential services and resources. This comprehensive strategy not only aids in immediate needs but also contributes to long-term stability and growth within the community. Overall, Black Family Development Inc significantly impacts the lives of individuals and families, fostering resilience and strengthening the fabric of the community.
This information is meant to be a general summary of Black Family Development 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: $82
- Program Service Revenue: $1,909,525
- Gross Receipts: $16,995,160
Assets and Liabilities:
- Total Assets: $9,040,829
- Total Liabilities: $3,458,943
- Net Assets: $5,581,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CMO CONTINGENCY REVENUE
Revenue
$1,909,525
Organization Details
Founding Year
1978
Phone
(313) 758-0150Principal Officer
Kenyatta Stephens
Main Address
2995 E GRAND BLVD, DETROIT, MI, 48202
NTEE Category
Code: P40 - Human services
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