Overview
What is Friendship Ark Inc?
Friendship Ark Inc, situated in Ames, Iowa, is a faith-driven, nonprofit organization that offers residential services to individuals with intellectual disabilities. With a dedicated workforce of 109 employees, Friendship Ark Inc leverages the Home and Community-Based Services (HCBS) residential waiver program to cater to their clients' needs. The organization's mission is centered around providing essential support to individuals with intellectual disabilities, ensuring they live with dignity and independence within their community.
Official website here: www.friendshipark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Friendship Ark Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's high score of 96 in this category indicates effective financial management and transparency, with no material diversion of assets reported. Additionally, a program expense ratio of 80.91% demonstrates that a significant portion of its funds is directed toward its programs, underscoring its commitment to its mission.
The organization also excels in its culture and community engagement, receiving a score of 89. With 100% independent board members and a strong emphasis on equity strategies, Friendship Ark Inc prioritizes a governance structure that fosters accountability. Constituent feedback and its collection process both scored a perfect 100, highlighting the organization's responsiveness to the needs and opinions of those it serves.
While the overall ratings are quite strong, the equity strategies score of 83 suggests there may be room for improvement in promoting inclusivity and diversity within the organization's practices. Nonetheless, the high marks across various metrics indicate that Friendship Ark Inc is a well-managed nonprofit that effectively serves its community.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Ark Inc legitimate?
Friendship Ark Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Ark 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: $100,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,903,162
For more financial information, click here
Official website here: www.friendshipark.org
What is the mission statement of Friendship Ark Inc?
Friendship Ark Inc., as a Faith-based, nonprofit organization, is committed to offering HCBS residential waiver services to individuals with intellectual disabilities. Their mission is to provide support and care, promoting their overall well-being and quality of life. The organization's goal is to empower these individuals, enabling them to live independently and with dignity. Friendship Ark Inc. aims to create an inclusive environment, fostering understanding and acceptance of individuals with intellectual disabilities within the community. Through its services, the organization strives to enhance the lives of those it serves, ensuring they have access to necessary resources and care.
Official website here: www.friendshipark.org
Who is the CEO of Friendship Ark Inc?
Kyle Briese is the President of Friendship Ark Inc.
Official website here: www.friendshipark.org
What is the revenue of Friendship Ark Inc?
Friendship Ark Inc's revenue in 2022 was $4,284,918.
Official website here: www.friendshipark.org
Who are the executives of Friendship Ark Inc and what are their salaries?
The average compensation at Friendship Ark Inc during 2022 was $27,559. There are 109 employees and 50 volunteers at Friendship Ark Inc.
Here are 14 key members and their salaries:
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Official website here: www.friendshipark.org
Where can I find the form 990 for Friendship Ark Inc?
Friendship Ark Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendshipark.org
Learn more at the official website: www.friendshipark.org
Mission Statement of Friendship Ark Inc
Friendship Ark, Inc. is a faith-driven, nonprofit organization with a mission to serve individuals with intellectual disabilities. This mission is fulfilled through the provision of HCBS (Home and Community-Based Services) residential waiver programs. The corporation's primary goal is to support persons with intellectual disabilities, offering them a living environment that allows for growth and independence within the community.
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Impact
July, 2024
Friendship Ark Inc has a significant impact on the lives of individuals with intellectual disabilities by providing HCBS residential waiver services. Through their faith-based approach, they offer a supportive housing environment that promotes independence and enhances quality of life for their residents in Ames, IA. Friendship Ark Inc's commitment to serving this population demonstrates their dedication to creating a community where individuals with intellectual disabilities can thrive.
This information is meant to be a general summary of Friendship Ark 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: $6,950
- Program Service Revenue: $3,818,566
- Gross Receipts: $4,284,918
Assets and Liabilities:
- Total Assets: $4,144,468
- Total Liabilities: $596,018
- Net Assets: $3,548,450
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$3,818,566
Organization Details
Founding Year
1999
Phone
(515) 292-9556Principal Officer
Kyle Briese
Main Address
130 S SHELDON AVE STE 203, AMES, IA, 50014
Website
www.friendshipark.orgNTEE Category
Code: L20 - Housing
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