Overview
What is Friendship Place Inc?
Friendship Place Inc, located in Neenah, Wisconsin, is a nonprofit organization dedicated to providing a safe and supportive environment for individuals struggling with chronic mental illness. Through peer support, advocacy, and education, the organization aims to help its members live well and lead fulfilling lives. Thanks to grant funding, Friendship Place has been able to continue fulfilling its charitable objectives, as outlined in its governing documents and tax filings. The organization employs a small team of five individuals, working tirelessly to foster a community that empowers and supports those affected by mental illness.
Official website here: www.friendshipplaceinc.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Friendship Place Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization demonstrates exceptional governance, with a fully independent board and no material diversion of assets. This indicates a high level of ethical management and operational integrity, which is critical for donor confidence.
The organization excels in transparency, having all required policies in place, including conflict of interest and whistleblower policies. Its program expense ratio of 70.23% suggests that a significant portion of its expenditures is directed towards its programs, which is a positive indicator of its operational effectiveness in fulfilling its mission.
While the data indicates strong financial health with a liabilities to assets ratio of 0.00%, there is no mention of any specific challenges or limitations faced by Friendship Place Inc. Overall, the organization appears to be well-managed and dedicated to its cause, instilling confidence in its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Place Inc legitimate?
Friendship Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Place 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: $73,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,726
For more financial information, click here
Official website here: www.friendshipplaceinc.com
What is the mission statement of Friendship Place Inc?
Friendship Place Inc's mission is centered around providing a supportive environment for adults struggling with chronic mental illness. The organization aims to empower its members by fostering peer support, advocacy, and education, enabling them to live well. Through various activities and programs, Friendship Place encourages the integration of these individuals into society, promoting understanding and acceptance. Due to the grant money received, the organization has been able to continue its charitable objectives as outlined in its governing documents and disclosed in its tax filing.
Official website here: www.friendshipplaceinc.com
Who is the CEO of Friendship Place Inc?
James M Travis is the President of Friendship Place Inc.
Official website here: www.friendshipplaceinc.com
What is the revenue of Friendship Place Inc?
Friendship Place Inc's revenue in 2022 was $201,112.
Official website here: www.friendshipplaceinc.com
Who are the executives of Friendship Place Inc and what are their salaries?
The average compensation at Friendship Place Inc during 2022 was $29,276. There are 5 employees at Friendship Place Inc.
Here are 11 key members and their salaries:
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Official website here: www.friendshipplaceinc.com
Where can I find the form 990 for Friendship Place Inc?
Friendship Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendshipplaceinc.com
Learn more at the official website: www.friendshipplaceinc.com
Mission Statement of Friendship Place Inc
Friendship Place Inc, a nonprofit organization, focuses on fostering an environment that caters to adults dealing with chronic mental illness. Their mission is to encourage these individuals to live well by offering peer support, advocacy, and education. Through grant money, the organization has managed to continue meeting the charitable objectives outlined in its governing documents and disclosed in its tax filing, thereby providing a safe space for social activities for those affected by mental illness. By promoting peer support, Friendship Place Inc aims to create a community where individuals can find solace and understanding, fostering a sense of belonging and empowerment in their journey towards recovery. Through advocacy, the organization seeks to address the unique challenges faced by those with mental illness and work towards creating systemic changes that support their well-being. Lastly, Friendship Place Inc provides educational resources to help individuals with mental illness navigate their lives and make informed decisions, thereby enabling them to live independently and with dignity.
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Impact
June, 2024
Friendship Place Inc has a significant impact on the lives of adults with mental illness in Neenah, WI. By providing a safe space for individuals to engage in social activities, the organization plays a crucial role in fostering peer support, advocacy, and education for its members. Through grant funding, Friendship Place Inc is able to continue meeting its charitable objectives and fulfilling its mission of encouraging adults with mental illness to live well. This support helps to improve the well-being and quality of life for those facing mental health challenges in the community.
This information is meant to be a general summary of Friendship Place 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: $366
- Gross Receipts: $201,112
Assets and Liabilities:
- Total Assets: $419,311
- Total Liabilities: $0
- Net Assets: $419,311
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Organization Details
Founding Year
1985
Phone
(920) 729-9975Principal Officer
James M Travis
Main Address
220 N COMMERCIAL STREET, NEENAH, WI, 54956
Website
www.friendshipplaceinc.comNTEE Category
Code: F32 - Mental health
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