Overview
What is Fbh Community Inc?
Fbh Community Inc is a nonprofit organization based in Daytona Beach, Florida, dedicated to eradicating the causes of generational poverty. They achieve this through various initiatives such as Food Brings Hope, VCAN, and Homes Bring Hope. Food Brings Hope, their primary program, focuses on nurturing the physical, mental, and spiritual well-being of underprivileged children in the community. This is done by providing nutritious meals and educational opportunities, aiming to improve the lives of children affected by poverty and hunger. VCAN, another initiative, works towards eliminating hunger and homelessness among children and youth in Volusia County. Lastly, Homes Bring Hope facilitates homeownership opportunities for hardworking families, aiming to provide stable living conditions and improve their overall quality of life. The nonprofit ensures that 100% of donations directly fund program activities, with all overhead expenses covered by the Hosseini Family Foundation.
Official website here: www.foodbringshope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Fbh Community Inc has achieved an impressive 97% rating, indicating a strong level of accountability and financial health. This score is based solely on the organization’s performance in the Accountability & Finance category, highlighting its commitment to transparency and effective financial management. The organization has received perfect scores in multiple areas, such as having a fully independent board and maintaining rigorous oversight through its Audit and Oversight Committee.
The nonprofit demonstrates exceptional fiscal responsibility, with all program expenses amounting to 100% of its expenditures, showcasing its focus on delivering services rather than incurring overhead costs. Additionally, the organization has a favorable liabilities-to-assets ratio of just 2.46%, which suggests sound financial stability. Its fundraising efficiency is also noteworthy, as it reports $0.00 in fundraising costs, indicating that donations directly support its mission.
While the data reflects a robust financial and operational framework, there are no specific mentions of programmatic outcomes or community impact in the available information. This aspect could provide a more comprehensive understanding of the nonprofit's effectiveness in fulfilling its mission beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Fbh Community Inc legitimate?
Fbh Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fbh Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,809
For more financial information, click here
Official website here: www.foodbringshope.org
What is the mission statement of Fbh Community Inc?
Fbh Community Inc's mission is focused on promoting community organizations that actively work towards eradicating the roots of generational poverty. Their initiatives include Food Brings Hope, VCAN, and Homes Bring Hope. In particular, Food Brings Hope aims to nurture the physical, mental, and spiritual well-being of underprivileged children in the community. VCAN is dedicated to eliminating hunger and homelessness among children and youth in Volusia County. Lastly, Homes Bring Hope aims to facilitate homeownership opportunities for hard-working families. Fbh Community Inc ensures that 100% of contributions directly fund their programs, with all overhead expenses covered by the Hosseini Family Foundation.
Official website here: www.foodbringshope.org
What is the revenue of Fbh Community Inc?
Fbh Community Inc's revenue in 2024 was $2,076,181.
Official website here: www.foodbringshope.org
Who are the executives of Fbh Community Inc and what are their salaries?
The average compensation at Fbh Community Inc during 2024 was $28,201. There are 14 employees and 105 volunteers at Fbh Community Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.foodbringshope.org
Where can I find the form 990 for Fbh Community Inc?
Fbh Community Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foodbringshope.org
Learn more at the official website: www.foodbringshope.org
Mission Statement of Fbh Community Inc
Fbh Community Inc, a nonprofit organization, is dedicated to fostering community organizations that proactively work towards eradicating the causes of generational poverty. One of their primary initiatives is Food Brings Hope, whose mission is to nurture the body, mind, and spirit of underprivileged children in their community. The organization recognizes the importance of addressing not just physical needs but also the emotional and spiritual well-being of these children.
Another initiative under Fbh Community Inc is VCan, which aims to eradicate hunger and homelessness among children and youth in Volusia County. This program recognizes the devastating impact poverty can have on children's lives and seeks to provide them with the basic necessities they need to thrive.
Lastly, Homes Bring Hope is a mission under Fbh Community Inc that focuses on leading the facilitation of homeownership opportunities for hard-working families. This initiative understands that providing families with a stable home environment can significantly contribute to breaking the cycle of poverty.
In summary, Fbh Community Inc is a nonprofit organization committed to eradicating the causes of generational poverty. They achieve this by launching initiatives like Food Brings Hope, VCan, and Homes Bring Hope. These programs aim to address various aspects of poverty, including physical needs, emotional well-being, and the opportunity for stable housing.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Fbh Community Inc's impact can be seen through its dedication to fostering community organizations that proactively work to eradicate the causes of generational poverty. Their initiatives, such as Food Brings Hope, VCAN, and Homes Bring Hope, are making a tangible difference in the lives of underprivileged children and families in Volusia and Flagler counties.
Food Brings Hope, a cornerstone program of Fbh Community, is dedicated to providing collaborative solutions for families experiencing hardships due to hunger, homelessness, and poverty. By offering healthy, nutritious food and implementing over 48 after-school programs, Food Brings Hope serves nearly two thousand students, with a goal to eradicate hunger among school-aged children and families. Programs like KidsZone and TeenZone have expanded to multiple schools, providing academic support and essential life skills to at-risk students.
Additionally, Fbh Community's initiatives like FBHonors focus on cultivating the talent of high-achieving students through STEM subjects and support students who may have struggled academically due to the pandemic. Programs like Change the Code, a rigorous after-school program focused on ELA, demonstrate their proactive approach to addressing educational challenges.
Overall, Fbh Community Inc's impact can be seen in the positive changes they bring to the community, providing essential support, education, and opportunities for those in need, ultimately working towards breaking the cycle of poverty and creating a brighter future for generations to come.
This information is meant to be a general summary of Fbh Community 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 2024.
- Investment Income: $132,985
- Program Service Revenue: $210,000
- Gross Receipts: $2,252,379
Assets and Liabilities:
- Total Assets: $2,976,389
- Total Liabilities: $73,248
- Net Assets: $2,903,141
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF HOMES
Revenue
$210,000
Organization Details
Founding Year
2012
Principal Officer
Forough Hosseini
Website
www.foodbringshope.orgNTEE Category
Code: K31 - Food
If you are a representative of Fbh Community Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.