Overview
What is Family Promise Of Greater Beloit Inc?
Family Promise of Greater Beloit Inc is a nonprofit organization based in Beloit, Wisconsin, with a postal address of PO Box 1277. Their primary mission is to assist families experiencing homelessness by providing them with shelter, food, clothing, and essential life skills. Through collaborations with volunteer congregations and distributed food cards, they offer three meals to the families daily, including a hot meal. The organization's activities aim to help these families become self-sufficient members of the greater Beloit community. In the past year, they successfully accommodated 136 family members and managed to reduce the expenses associated with food and shelter by 41%. The organization's workforce is composed of five dedicated individuals.
Official website here: www.familypromisebeloit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Family Promise of Greater Beloit Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the organization operates with a high degree of transparency, efficiency, and responsible management of its resources. The rating is derived entirely from a single beacon score focused on financial accountability, which is crucial for building trust with donors and stakeholders.
The organization has demonstrated significant strengths, including a fully independent board of directors, effective policies related to conflict of interest and whistleblower protections, and a low liabilities-to-assets ratio of 18.43%. Additionally, 88.54% of its expenses are allocated directly to programs, underscoring a strong commitment to fulfilling its mission. These factors highlight Family Promise of Greater Beloit Inc’s dedication to effective financial stewardship and governance.
While the data indicates a robust financial standing, there are no noted limitations in the information provided. This reinforces the organization’s reputation as a reliable nonprofit focused on serving its community effectively. Overall, Family Promise of Greater Beloit Inc stands out as a model for accountability and financial health in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Family Promise Of Greater Beloit Inc?
90% of 62 reviewers on Facebook recommend Family Promise of Greater Beloit Inc. Here is a summary of their reviews:
Many patrons express appreciation for the impact the organization has on families experiencing homelessness. One poignant review highlighted a personal story about a young boy who, inspired by his volunteer work, understands homelessness as a temporary state rather than a label. This sentiment reflects the nonprofit’s success in fostering a compassionate community and engaging individuals of all ages in their mission.
Overall, people appreciate the meaningful involvement opportunities and the positive change Family Promise facilitates in their local area. The organization appears to resonate well with its supporters, who feel empowered to contribute to a cause that aims to eliminate homelessness.
This AI summary has been generated from reviews found on Facebook.
Is Family Promise Of Greater Beloit Inc legitimate?
Family Promise Of Greater Beloit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of Greater Beloit 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: $53,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,446
For more financial information, click here
Official website here: www.familypromisebeloit.org
What is the mission statement of Family Promise Of Greater Beloit Inc?
Family Promise of Greater Beloit Inc. is committed to providing shelter, food, clothing, and essential life skills to families experiencing homelessness, with the ultimate goal of helping them become self-sufficient members of their community. The organization provides a supportive environment, offering three meals a day, including a hot meal, and covering expenses directly with local motels. Through their services, they aim to empower these families to regain their independence and reintegrate into society.
Official website here: www.familypromisebeloit.org
Who is the CEO of Family Promise Of Greater Beloit Inc?
Merry Beth Gliebe is the Executive Di of Family Promise Of Greater Beloit Inc.
Official website here: www.familypromisebeloit.org
What is the revenue of Family Promise Of Greater Beloit Inc?
Family Promise Of Greater Beloit Inc's revenue in 2022 was $863,399.
Official website here: www.familypromisebeloit.org
Who are the executives of Family Promise Of Greater Beloit Inc and what are their salaries?
The average compensation at Family Promise Of Greater Beloit Inc during 2022 was $23,658. There are 5 employees and 400 volunteers at Family Promise Of Greater Beloit Inc.
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Official website here: www.familypromisebeloit.org
Where can I find the form 990 for Family Promise Of Greater Beloit Inc?
Family Promise Of Greater Beloit Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.familypromisebeloit.org
Learn more at the official website: www.familypromisebeloit.org
Mission Statement of Family Promise Of Greater Beloit Inc
Family Promise of Greater Beloit Inc is committed to providing essential support to families struggling with homelessness, helping them transition into self-sufficient members of their community. Their mission encompasses offering shelter, food, clothing, and life skills to these families in need. By providing these resources, Family Promise of Greater Beloit Inc aims to empower these families, enabling them to regain their footing and reintegrate into society.
In practice, Family Promise of Greater Beloit Inc provides food and shelter to families, reducing expenditures related to these necessities by 41% compared to the previous year. The organization pays for these expenses directly to motels, ensuring that families have a safe and secure place to stay while they work towards becoming self-sufficient. In addition to offering shelter, Family Promise of Greater Beloit Inc also provides three meals each day, including a hot meal, to the families under their care. These meals are sourced from a combination of volunteer congregations and distributed food cards, ensuring that families have access to nutritious and nourishing meals during their time of need.
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Impact
July, 2024
Family Promise Of Greater Beloit Inc's impact includes providing shelter, food, clothing, and life skills to families facing homelessness in the Beloit area, helping them become self-sufficient members of the community. In the past year, they have provided food and shelter to 136 family members. Additionally, their efforts have led to a 41% decrease in food and shelter expenses from the previous year. These expenses and grants were directly paid to motels to ensure that families had a safe place to stay. Furthermore, the organization coordinated with volunteer congregations to provide three meals a day, including a hot meal, to the families. Through their dedicated work, Family Promise Of Greater Beloit Inc is making a meaningful impact in the lives of those experiencing homelessness in the community.
This information is meant to be a general summary of Family Promise Of Greater Beloit 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: $15,331
- Gross Receipts: $889,989
Assets and Liabilities:
- Total Assets: $1,000,257
- Total Liabilities: $190,402
- Net Assets: $809,855
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Organization Details
Founding Year
2001
Phone
(608) 363-0683Principal Officer
Merry Beth Gliebe
Main Address
PO BOX 1277, BELOIT, WI, 53512
Website
www.familypromisebeloit.orgNTEE Category
Code: P20 - Human services
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