Overview
What is Friends Of Pacer?
Friends of Pacer is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 8161 Normandale Blvd, 55437. Their primary mission is to offer support and assistance to parents of children and young adults with special needs. They accomplish this by providing essential resources, such as renting office space, to an organization with a similar exempt purpose. The Friends of Pacer's activities mainly revolve around offering important information and guidance to these parents, aiming to make their journey easier and more manageable.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
Friends Of Pacer has received an 83% rating from Charity Navigator, which translates to a solid Three-Star rating. This score highlights the organization's emphasis on accountability and financial management, with a perfect score in several key areas, such as having an independent board and no material diversion of assets. These indicators suggest that the organization is well-managed and committed to transparency.
The charity's program expense ratio stands at an impressive 95%, indicating that the vast majority of its expenditures are directed toward its programs rather than administrative costs. This focus on programmatic spending is commendable, as it demonstrates a commitment to maximizing the impact of donations. Additionally, the organization’s governance practices, such as thorough documentation and meeting minutes, further enhance its credibility.
While the rating is strong, prospective donors might look for more information regarding the charity's specific programs and their overall effectiveness. The high accountability and finance score is promising, but potential supporters may want to consider how these financial practices translate into actual community impact over time.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Pacer legitimate?
Friends Of Pacer is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Pacer 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: $0
For more financial information, click here
What is the mission statement of Friends Of Pacer?
The organization known as Friends Of Pacer is committed to providing information and assistance to parents of children and young adults with special needs. Their mission is to support these families in their journey, offering resources and aid when needed. They accomplish this by providing office space to an exempt organization that shares their purpose, which is to assist parents of children and young adults with special needs. This partnership allows Friends Of Pacer to extend their reach and impact, ensuring that families have access to the necessary resources and assistance. By offering this support, they aim to improve the lives of these individuals and their families, providing them with the guidance and assistance they need to navigate the challenges associated with special needs.
Who is the CEO of Friends Of Pacer?
Gretchen Godfrey is the Director of Friends Of Pacer.
What is the revenue of Friends Of Pacer?
Friends Of Pacer's revenue in 2022 was $475,261.
Who are the executives of Friends Of Pacer and what are their salaries?
There 100 volunteers at Friends Of Pacer.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Friends Of Pacer?
Friends Of Pacer's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Pacer
Friends of Pacer, as a nonprofit organization, is committed to providing essential information and assistance to parents of children and young adults with special needs. Their mission is centered around empowering and supporting these families, ensuring they have the resources and guidance needed to navigate the challenges associated with raising a child with special needs. By offering a range of support services, Friends of Pacer aims to make a significant impact in the lives of these families, helping them navigate their unique journeys with confidence and resilience.
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Impact
July, 2024
Friends Of Pacer's impact lies in providing vital information and assistance to parents of children and young adults with special needs. By offering support and resources, including office space for organizations with similar exempt purposes, Friends Of Pacer plays a crucial role in empowering families in the Minneapolis area facing the challenges of caring for individuals with special needs. This nonprofit's mission to provide guidance and support directly contributes to improving the quality of life for these families, making a significant impact in the realm of human services in the community.
This information is meant to be a general summary of Friends Of Pacer. 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: $228,779
- Program Service Revenue: $240,000
- Gross Receipts: $475,261
Assets and Liabilities:
- Total Assets: $8,371,929
- Total Liabilities: $0
- Net Assets: $8,371,929
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$240,000
Organization Details
Founding Year
1988
Phone
(952) 838-9000Principal Officer
Gretchen Godfrey
Main Address
8161 NORMANDALE BLVD, MINNEAPOLIS, MN, 55437
NTEE Category
Code: P82I - Human services
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