Overview
What is Familymeans?
Familymeans is a nonprofit organization dedicated to strengthening communities by addressing challenges faced by individuals and families at various life stages. Specifically, they offer free, high-quality after-school and summer programs for youth living in the Landfall mobile home city in Minnesota and the Cimarron Mobile Home community in Lake Elmo. By providing these services, Familymeans aims to support and empower families, ultimately contributing to the overall well-being of their communities.
Official website here: www.familymeans.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
Familymeans has achieved an exceptional Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance as well as its commitment to culture and community. With an overall score of 100%, the organization demonstrates robust financial practices, including a program expense ratio of nearly 84%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs.
The nonprofit boasts a largely independent board, with 93% of its members being independent, which enhances its governance. The organization has received top scores for its policies in various areas, including whistleblower protections, conflict of interest, and document retention, showcasing its commitment to transparency and ethical practices. Additionally, Familymeans has no materials diversions of assets, which further solidifies its financial integrity.
While the rating paints a very positive picture of Familymeans, it's essential to consider that such high scores may not capture all aspects of the nonprofit's impact. However, the comprehensive policies and strong financial management highlighted in the rating suggest that Familymeans is a trustworthy organization dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Familymeans legitimate?
Familymeans is a legitimate nonprofit organization registered as a 501(c)(3) entity. Familymeans 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: $225,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,267,338
For more financial information, click here
Official website here: www.familymeans.org
What is the mission statement of Familymeans?
Familymeans' mission is centered around strengthening communities by offering assistance to individuals and families as they navigate various challenges throughout their lives. In essence, Familymeans aims to support communities by helping its members overcome obstacles at different stages of life. The organization provides free, top-notch after-school and summer programs for youth residing in specific mobile home communities. While the information provided primarily focuses on their youth programs, it is reasonable to infer that Familymeans' mission extends beyond this, encompassing a broader range of support services for individuals and families in need.
Official website here: www.familymeans.org
Who is the CEO of Familymeans?
Jim Kroening is the Board Chair of Familymeans. The CEO's salary of Familymeans is $117,813 and their total compensation is $137,746.
Official website here: www.familymeans.org
What is the revenue of Familymeans?
Familymeans's revenue in 2022 was $4,825,591.
Official website here: www.familymeans.org
Who are the executives of Familymeans and what are their salaries?
The average compensation at Familymeans during 2022 was $39,566. There are 63 employees and 135 volunteers at Familymeans.
Here are 19 key members and their salaries (Familymeans's CEO's salary is $117,813 and their total compensation is $137,746):
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- Compensation: $117,813
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- Compensation: $43,609
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- Other: $6,700
Official website here: www.familymeans.org
Where can I find the form 990 for Familymeans?
Familymeans's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.familymeans.org
Learn more at the official website: www.familymeans.org
Mission Statement of Familymeans
Familymeans, a nonprofit organization, is committed to strengthening communities by providing assistance to individuals and families facing challenges throughout various life stages. Their mission is to support people as they navigate through these difficulties, aiming to foster resilience and improve overall community well-being.
More specifically, Familymeans focuses on offering free, high-quality after-school and summer programs for children and adolescents aged 5 to 18 who reside in the mobile home communities of Landfall, Minnesota, and Cimarron, Lake Elmo. By providing these services, Familymeans aims to create safe, nurturing environments where children can grow, learn, and develop essential life skills. The organization's programs are designed to support the holistic development of youth, helping them navigate the unique challenges they may face in mobile home communities and beyond. By investing in the future of these young individuals, Familymeans contributes to the overall health and vitality of the communities they serve.
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Impact
July, 2024
Familymeans has a significant impact on communities by providing support to individuals and families facing challenges at all stages of life. They offer free, high-quality after-school and summer programs for youth in specific areas, contributing to the well-being of young people and promoting community engagement. Through their mission of strengthening communities and aiding individuals in need, Familymeans plays a vital role in enhancing the quality of life for many individuals and families in the Stillwater, Minnesota area.
This information is meant to be a general summary of Familymeans. 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: $133,114
- Program Service Revenue: $2,209,643
- Gross Receipts: $4,917,062
Assets and Liabilities:
- Total Assets: $15,210,556
- Total Liabilities: $302,069
- Net Assets: $14,908,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNSELING AND THERAPY
Revenue
$1,811,147
FINANCIAL SOLUTIONS
Revenue
$305,651
CAREGIVING AND AGING
Revenue
$77,281
EMPLOYEE ASSISTANCE
Revenue
$15,564
Organization Details
Founding Year
1963
Phone
(651) 439-4840Principal Officer
Jim Kroening
Main Address
1875 NORTHWESTERN AVENUE SOUTH, STILLWATER, MN, 55082
Website
www.familymeans.orgNTEE Category
Code: P51 - Human services
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