Overview
What is Faith In Action Inc?
Faith In Action Inc, located in Chelsea, Michigan, is a nonprofit organization that dedicates its efforts to assisting those in need. Their primary mission is to alleviate the impacts of poverty and hunger in their local communities. They accomplish this by offering financial emergency assistance, counseling services, affordable housing options, and various other programs. In addition, the organization receives donations of food, clothing, and other essential items, which they then distribute to those in need. Faith In Action Inc has a team of 7 dedicated individuals working towards their goal of improving the lives of those facing hardships in their community.
Official website here: www.faithinaction1.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Faith In Action Inc demonstrates strong performance in accountability and finance, indicated by its overall score derived solely from its Accountability & Finance beacon. The organization has a high percentage of independent board members and exhibits sound financial practices, including a low liabilities to assets ratio and a program expense ratio of over 85%, which reflects effective fund utilization towards its mission.
However, there are notable gaps, particularly regarding the absence of a whistleblower policy and document retention and destruction policy. While these omissions are small compared to the organization's strengths, they indicate areas for potential improvement in governance practices. Overall, Faith In Action Inc is a responsible choice for donors seeking transparency and strong financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Faith In Action Inc legitimate?
Faith In Action Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith In Action 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,588
For more financial information, click here
Official website here: www.faithinaction1.org
What is the mission statement of Faith In Action Inc?
Faith In Action Inc's mission is centered around providing essential support to alleviate the impacts of hunger and poverty within their communities. They accomplish this mission through various means, such as offering financial emergency assistance, counseling services, and providing low-income housing. Additionally, the organization plays a significant role in redistributing donated items, including food and clothing, to those in need. Overall, Faith In Action Inc strives to improve the lives of individuals struggling with hunger and poverty in their communities.
Official website here: www.faithinaction1.org
Who is the CEO of Faith In Action Inc?
Sarah Shugart is the Director of Faith In Action Inc.
Official website here: www.faithinaction1.org
What is the revenue of Faith In Action Inc?
Faith In Action Inc's revenue in 2022 was $902,744.
Official website here: www.faithinaction1.org
Who are the executives of Faith In Action Inc and what are their salaries?
The average compensation at Faith In Action Inc during 2022 was $40,655. There are 7 employees at Faith In Action Inc.
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Official website here: www.faithinaction1.org
Where can I find the form 990 for Faith In Action Inc?
Faith In Action Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.faithinaction1.org
Learn more at the official website: www.faithinaction1.org
Mission Statement of Faith In Action Inc
Faith In Action Inc is a nonprofit organization dedicated to offering essential support to alleviate the effects of hunger and poverty in various communities. Their mission is to provide aid in multiple ways, including financial emergency assistance, counseling services, and affordable housing options. In addition to this, the organization redistributes donated items such as food and clothing to those in need, further contributing to its mission of alleviating poverty.
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Impact
July, 2024
Faith In Action Inc plays a crucial role in providing essential support to alleviate the effects of hunger and poverty in our communities. Through financial emergency assistance, counseling services, low-income housing initiatives, and other programs, the organization has made a tangible impact in helping those in need within Chelsea, Michigan. By redistributing donated food, clothing, and other goods to those who require assistance, Faith In Action Inc is actively working to combat the challenges faced by individuals and families experiencing hardship in the community. Their dedication to this mission is evident in the compassionate and practical assistance they provide to improve the lives of those struggling with hunger and poverty.
This information is meant to be a general summary of Faith In Action 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: $5,099
- Program Service Revenue: $4,035
- Gross Receipts: $910,395
Assets and Liabilities:
- Total Assets: $1,097,042
- Total Liabilities: $25,064
- Net Assets: $1,071,978
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROFESSIONAL SERVICES
Revenue
$4,035
Organization Details
Founding Year
1980
Phone
(734) 475-3305Principal Officer
Sarah Shugart
Main Address
603 S MAIN ST, CHELSEA, MI, 48118
Website
www.faithinaction1.orgNTEE Category
Code: P81I - Human services
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