Overview
What is The Friends Foundation?
The Friends Foundation, based in Dripping Springs, Texas, is a nonprofit organization that focuses on supporting the elderly community. Their primary activity is the "Our Daily Bread Program," which provides nutritious, hot meals to elderly individuals who are unable to leave their homes. The organization's mission, as stated in the information provided, is to offer assistance to the elderly residing in the Dripping Springs community. The Friends Foundation operates with dedication and commitment to the well-being of their elderly population, ensuring they have access to essential nourishment.
Official website here: www.thefriendsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Friends Foundation has earned a Three-Star rating from Charity Navigator, indicating that it performs reasonably well in terms of accountability and finance. The overall score reflects a strong emphasis on transparency and governance, primarily assessed through the charity's accountability measures. Notably, 100% of its board members are independent, and there are no material diversions of assets, showcasing a commitment to ethical management.
The organization demonstrates high program efficiency with a program expense ratio of 94.79%, meaning a significant portion of its funds directly supports its programs. Additionally, the foundation has a solid structure for board meeting documentation and maintains a favorable liabilities-to-assets ratio of 0.00%, suggesting good financial health.
However, the assessment highlights some areas needing improvement, specifically the absence of critical policies such as a conflict of interest policy and a whistleblower policy. The lack of these policies may raise concerns about governance practices and internal accountability, which the organization will need to address to strengthen its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Friends Foundation?
100% of the six reviews on Facebook recommend The Friends Foundation. Here is a summary of their reviews:
Supporters express enthusiasm for upcoming events, highlighting their engagement with the foundation’s fundraising activities. The positive sentiment suggests a strong community connection, with people encouraging others to participate and support the organization.
Overall, it seems The Friends Foundation has successfully fostered a sense of camaraderie and commitment to their cause, which is reflected in the unwavering recommendation from its users.
This AI summary has been generated from reviews found on Facebook.
Is The Friends Foundation legitimate?
The Friends Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Foundation 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thefriendsfoundation.org
What is the mission statement of The Friends Foundation?
The Friends Foundation's mission is centered around providing aid to the elderly community. In line with this, they offer assistance to the elderly residing in their community. One of their notable initiatives is the Daily Bread Program, which provides hot meals to elderly individuals who are confined to their homes. The foundation's primary goal is to support and enhance the lives of the elderly population, ensuring they receive the necessary care and nourishment.
Official website here: www.thefriendsfoundation.org
Who is the CEO of The Friends Foundation?
Kathy Carriker is the Board Member of The Friends Foundation.
Official website here: www.thefriendsfoundation.org
What is the revenue of The Friends Foundation?
The Friends Foundation's revenue in 2022 was $79,288.
Official website here: www.thefriendsfoundation.org
Who are the executives of The Friends Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.thefriendsfoundation.org
Where can I find the form 990 for The Friends Foundation?
The Friends Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefriendsfoundation.org
Learn more at the official website: www.thefriendsfoundation.org
Mission Statement of The Friends Foundation
The Friends Foundation, as its name suggests, is dedicated to extending aid to the elderly residing in their community. Their primary mission is to offer assistance to the elderly population, ensuring they receive the necessary support they require. One of their key initiatives is the Daily Bread Program, which provides hot meals to elderly individuals who are confined to their homes. By offering this service, The Friends Foundation seeks to alleviate any potential food insecurity and promote the well-being of the elderly within their community.
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Impact
August, 2024
The Friends Foundation positively impacts the elderly in the Dripping Springs community by providing essential assistance and support. Through initiatives like the Our Daily Bread program, the organization ensures that homebound elderly individuals receive hot meals, fostering both physical and emotional well-being. This assistance not only addresses a pressing need but also promotes a sense of community and care among the elderly population. In doing so, The Friends Foundation plays a crucial role in enhancing the quality of life for seniors in Dripping Springs, TX.
This information is meant to be a general summary of The Friends Foundation. 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: $232
- Program Service Revenue: $1,567
- Gross Receipts: $79,288
Assets and Liabilities:
- Total Assets: $189,988
- Total Liabilities: $0
- Net Assets: $189,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUR DAILY BREAD
Revenue
$1,567
Organization Details
Phone
(512) 567-1806Principal Officer
Kathy Carriker
Main Address
P O BOX 8, DRIPPING SPRINGS, TX, 78620
Website
www.thefriendsfoundation.orgNTEE Category
Code: L112 - Housing
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