Overview
What is Friendship House Inc?
Friendship House Inc, situated in Sheboygan, Wisconsin, is a nonprofit organization dedicated to offering care, maintenance, and education for underprivileged children from Sheboygan County. Established at 721 Ontario Avenue, their primary mission involves operating a group home licensed under Wisconsin Statute Section 48.625, catering specifically to troubled boys. The organization employs a team of 13 individuals, all working towards providing a nurturing environment and promoting their holistic development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Friendship House Inc has achieved a commendable score of 86%, which reflects a strong emphasis on accountability and finance. This rating is derived solely from their performance in this category, indicating that the organization is well-managed and transparent in its financial dealings. The charity's focus on maintaining an independent board is particularly noteworthy, as they have 100% independent board members, which is crucial for governance and oversight.
The organization scores highly in various financial metrics, including a program expense ratio of 74.03%, signifying that a significant portion of their funds is directed towards their programs rather than administrative costs. Additionally, they have demonstrated effective financial oversight with a low liabilities to assets ratio of 1.86%, showcasing their financial stability. Furthermore, Friendship House Inc has established robust policies for conflict of interest and regularly documents board meeting minutes, contributing to their accountability.
While the ratings are predominantly positive, it is important to note that the overall score is based on a single beacon score. This suggests that while the financial accountability is strong, other areas of organizational performance may not have been evaluated. Overall, Friendship House Inc appears to be a responsibly managed nonprofit that prioritizes transparency and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship House Inc legitimate?
Friendship House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship House 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: $309,868
For more financial information, click here
What is the mission statement of Friendship House Inc?
Friendship House Inc's mission is centered around providing a home for vulnerable children in need. This organization operates under Wisconsin law and is dedicated to caring for, maintaining, and educating children from Sheboygan County. The primary aim is to create a supportive environment where these children can thrive. Beyond basic care, Friendship House Inc also focuses on their overall development, ensuring these children have the opportunity to learn and grow.
What is the revenue of Friendship House Inc?
Friendship House Inc's revenue in 2023 was $586,644.
Who are the executives of Friendship House Inc and what are their salaries?
The average compensation at Friendship House Inc during 2023 was $25,822. There are 12 employees and 6 volunteers at Friendship House Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Friendship House Inc?
Friendship House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friendship House Inc
Friendship House Inc is dedicated to providing a nurturing environment for troubled boys, operating under Wisconsin Statute Section 48.625. The organization's primary mission is to care for, maintain, and educate needy children from Sheboygan County. By operating a group home within the city of Sheboygan, Wisconsin, Friendship House Inc seeks to offer these children a safe and supportive space where they can grow and learn. The nonprofit's commitment extends beyond basic care, as it strives to contribute to the overall development of these children, ensuring they receive an education that will set them on a positive path.
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Impact
July, 2024
Friendship House Inc's impact is seen in the positive transformation and support provided to troubled boys in Sheboygan. By operating a group home licensed under Wisconsin statute section 48.625, Friendship House Inc is dedicated to caring for, maintaining, and educating necessitous children in the county. Through their mission to offer a safe and nurturing environment, they contribute significantly to the well-being and development of vulnerable youth, ultimately shaping brighter futures for those in need.
This information is meant to be a general summary of Friendship House 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 2023.
- Investment Income: $32,545
- Gross Receipts: $2,710,624
Assets and Liabilities:
- Total Assets: $1,436,694
- Total Liabilities: $26,734
- Net Assets: $1,409,960
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Organization Details
Founding Year
1940
Principal Officer
Delbert P Haas
NTEE Category
Code: P730 - Human services
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