Overview
What is Building Families For Children Inc?
Building Families for Children Inc. is a nonprofit organization established in 1920 with a mission to share love and support, fostering the well-being of Maryland's most vulnerable children. Their approach is rooted in faith and centered around providing a nurturing family environment for children who have faced trauma. Through their chosen program, they offer family-based treatment foster care (TFC), which goes beyond typical foster care to cater to the complex needs of children removed from their homes. Their staff is trained to provide weekly in-home support to treatment foster parents, helping children heal from trauma and learn new coping skills. The goal is to ensure the children's stability in their foster families and ultimately meet their permanency goals. The organization operates with a strong commitment to community involvement and provides trauma-informed care. With a workforce of 18 dedicated individuals, Building Families for Children Inc. continues to uphold its mission, ensuring the love and support needed for Maryland's vulnerable children to thrive in families.
Official website here: www.buildingfamiliesforchildren.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Building Families For Children Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a commitment to transparency and responsible financial management, which is critical for donor trust and support. The independent board structure is robust, consisting entirely of independent members, underscoring the organization's dedication to governance and oversight.
The charity has excelled in various metrics, including a program expense ratio of 85.53%, indicating that the majority of its funds are directed towards its mission rather than administrative costs. Additionally, the organization has no reported material diversion of assets, signaling integrity in handling financial resources. Its policies regarding conflict of interest, whistleblower protections, and document retention are well-established, further enhancing its credibility.
Overall, Building Families For Children Inc stands out for its strong governance practices and financial health, making it a reliable choice for potential donors. While the rating and associated metrics are highly favorable, there are no noted limitations in the available data that would detract from the organization’s reputation or effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Building Families For Children Inc legitimate?
Building Families For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Families For Children 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: $119,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $578,969
For more financial information, click here
Official website here: www.buildingfamiliesforchildren.org
What is the mission statement of Building Families For Children Inc?
Building Families For Children Inc's mission is centered around providing love and support to vulnerable children in Maryland. Established in 1920, the organization was founded with the belief that children would thrive better in families rather than institutions. Today, this belief continues to guide their work. Building Families For Children Inc aims to enhance the community by mobilizing resources and offering trauma-informed care. Their mission is to share the love of Christ by helping these children thrive in families, providing them with a safe and nurturing environment and fostering a supportive community for every family.
Official website here: www.buildingfamiliesforchildren.org
Who is the CEO of Building Families For Children Inc?
Tricia A Sakles is the President of Building Families For Children Inc.
Official website here: www.buildingfamiliesforchildren.org
What is the revenue of Building Families For Children Inc?
Building Families For Children Inc's revenue in 2023 was $1,845,623.
Official website here: www.buildingfamiliesforchildren.org
Who are the executives of Building Families For Children Inc and what are their salaries?
The average compensation at Building Families For Children Inc during 2023 was $38,824. There are 18 employees and 100 volunteers at Building Families For Children Inc.
Here are 9 key members and their salaries:
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- Compensation: $106,789
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- Other: $13,083
Official website here: www.buildingfamiliesforchildren.org
Where can I find the form 990 for Building Families For Children Inc?
Building Families For Children Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.buildingfamiliesforchildren.org
Learn more at the official website: www.buildingfamiliesforchildren.org
Mission Statement of Building Families For Children Inc
Building Families For Children, established in 1920, is a nonprofit organization committed to sharing the love of Christ and aiding Maryland's most vulnerable children in thriving within families. The organization's founders believed that children were most likely to receive the love and support they needed in families, rather than in orphanages. Adhering to this belief, Building Families For Children continues its mission by mobilizing the community and providing trauma-informed care.
The mission of Building Families For Children, as stated, is to ensure a safe, nurturing family for every child and a supportive, thriving community for every family. The organization, originally known as Baptist Family & Children's Services and later transformed into Building Families For Children, was founded by Willoughby McCormick, an entrepreneur from the McCormick Spice Company. The nonprofit's dedication to sharing the love of Christ is evident in its work, aiming to help Maryland's most vulnerable children flourish within their families.
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Impact
July, 2024
Building Families For Children Inc has a significant impact on Maryland's most vulnerable children by providing family-based treatment foster care through their Chosen program. By offering trauma-informed and attachment-based care, they help children heal from past traumas and develop coping skills. This approach ultimately aims to stabilize children in loving foster families and help them achieve permanent placement goals. Through their work, Building Families For Children Inc plays a crucial role in ensuring that children in need receive the support and care they require to thrive.
This information is meant to be a general summary of Building Families For Children 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 2023.
- Investment Income: $32,234
- Program Service Revenue: $1,605,173
- Gross Receipts: $1,845,623
Assets and Liabilities:
- Total Assets: $1,101,022
- Total Liabilities: $152,445
- Net Assets: $948,577
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PURCHASE OF CARE
Revenue
$1,587,543
THERAPEUTIC FAMILY SER
Revenue
$17,630
Organization Details
Founding Year
2014
Phone
(410) 872-1050Principal Officer
Tricia A Sakles
Main Address
7142 COLUMBIA GATEWAY DR 170, COLUMBIA, MD, 21046
NTEE Category
Code: P30 - Human services
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