Overview
What is Family Resources Inc?
Family Resources Inc, based in Davenport, Iowa, is a dedicated nonprofit organization that prioritizes child welfare and juvenile justice. Their primary focus includes providing residential treatment programs for children who cannot live in a family setting, offering educational services for some students in these programs, and offering supportive services to young adults who have aged out of foster care. The organization values its role in partnering with individuals, families, and communities to create effective solutions with respect to diversity. With a vision of a caring community of healthy families, Family Resources Inc aims to strengthen children, families, and individuals by providing a continuum of quality services to the public, engaging community resources to address various needs. The organization currently employs 174 individuals.
Official website here: www.famres.org
What are the reviews and ratings of this charity?
Family Resources Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, with an overall score of 90%. This high score reflects the organization's strong performance in accountability and finance, particularly highlighted by its perfect scores in independent board member engagement and financial oversight. The charity maintains high transparency by adhering to policies regarding conflicts of interest, whistleblower protection, and document retention.
The organization demonstrated exceptional commitment to revenue management and program efficiency, with 78.27% of expenses directed toward programs and a commendable fundraising efficiency ratio. Family Resources Inc has also shown a significant emphasis on inclusivity and community feedback, scoring 100% for constituent feedback and its approach to incorporating stakeholder input into its operations.
While the organization excels in most areas evaluated, the working capital ratio of 0.19 years may suggest some challenges in financial liquidity, which could impact its operations in the short term. Overall, Family Resources Inc appears to be a reliable nonprofit with robust accountability practices, although it may need to address its working capital for future sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Family Resources Inc?
90% of 15 reviewers on Facebook recommend Family Resources Inc. Here is a summary of their reviews:
Many individuals express appreciation for the organization, highlighting its commitment to supporting those in need. One reviewer specifically mentions the positive impact Family Resources Inc has on the community, implying that their services are effective and valuable.
Overall, the sentiment reflects a strong sense of trust and approval towards the nonprofit, suggesting that it successfully fulfills its mission to assist vulnerable populations.
This AI summary has been generated from reviews found on Facebook.
Is Family Resources Inc legitimate?
Family Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Resources 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: $385,245
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,737,683
For more financial information, click here
Official website here: www.famres.org
What is the mission statement of Family Resources Inc?
Family Resources Inc's mission is centered around the belief that individuals, families, and communities possess unique insights into their past, present, and future. Recognizing this, Family Resources Inc partners with them to create effective solutions, taking diversity into account. Their mission is to strengthen children, families, and individuals by offering a continuum of quality services to the public, engaging community resources to establish viable solutions. The organization envisions a caring community composed of healthy families.
Official website here: www.famres.org
Who is the CEO of Family Resources Inc?
Nicole Cisne-Durbin is the Ceo of Family Resources Inc. The CEO's salary of Family Resources Inc is $127,516 and their total compensation is $135,065.
Official website here: www.famres.org
What is the revenue of Family Resources Inc?
Family Resources Inc's revenue in 2022 was $9,506,140.
Official website here: www.famres.org
Who are the executives of Family Resources Inc and what are their salaries?
The average compensation at Family Resources Inc during 2022 was $35,189. There are 174 employees and 1047 volunteers at Family Resources Inc.
Here are 20 key members and their salaries (Family Resources Inc's CEO's salary is $127,516 and their total compensation is $135,065):
- Compensation: $127,516
- Related: $0
- Other: $7,549
- Compensation: $84,847
- Related: $0
- Other: $19,682
- Compensation: $56,479
- Related: $0
- Other: $342
- Compensation: $8,399
- Related: $0
- Other: $3,095
- Compensation: $0
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Official website here: www.famres.org
Where can I find the form 990 for Family Resources Inc?
Family Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.famres.org
Learn more at the official website: www.famres.org
Mission Statement of Family Resources Inc
Family Resources Inc, a nonprofit organization, believes in the privilege of working with individuals, families, and communities. They hold the conviction that these entities have the most insight into their past, present, and future. Guided by this belief, Family Resources Inc's mission is to collaborate with them in creating effective solutions with respect to diversity. By embracing this understanding, Family Resources Inc strives to strengthen children, families, and individuals by offering a continuum of quality services to the public. This approach engages community resources to create sustainable solutions. Their ultimate vision is to foster a caring community of healthy families.
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Impact
July, 2024
Family Resources Inc's impact is evident in its commitment to strengthening children, families, and individuals by providing a continuum of quality services that engage community resources to create effective solutions. Through their child welfare and juvenile justice programs, which include residential treatment programs, education services, and supportive services like housing assistance for young adults who have aged out of foster care, Family Resources is actively working to support vulnerable populations and create a caring community of healthy families. Their mission to partner with individuals, families, and communities in creating effective solutions underscores their dedication to empowering those they serve.
This information is meant to be a general summary of Family Resources 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: -$768,008
- Program Service Revenue: $1,143,832
- Gross Receipts: $10,295,798
Assets and Liabilities:
- Total Assets: $4,545,955
- Total Liabilities: $738,107
- Net Assets: $3,807,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,143,832
Organization Details
Founding Year
1869
Phone
(563) 326-6431Principal Officer
Nicole Cisne-Durbin
Main Address
2800 EASTERN AVENUE, DAVENPORT, IA, 528032012
Website
www.famres.orgNTEE Category
Code: P20 - Human services
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