Overview
What is Friendship Circle New Jersey Inc?
Friendship Circle New Jersey Inc is a nonprofit organization situated in Livingston, New Jersey. With a team of 30 dedicated individuals, its primary mission is to foster a greater awareness and understanding of the unique needs and talents of individuals with special needs. By promoting respect and empathy, the organization aims to support those facing various challenges. Their innovative programming encourages inclusivity and provides a platform for both understanding and appreciation of the diverse abilities within the community. The nonprofit does not specify any particular services or initiatives, but its focus on awareness and empathy is evident in its mission statement.
Official website here: www.fcnj.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Friendship Circle New Jersey Inc has received a commendable rating of 88% from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts an impressive accountability score of 93%, primarily due to its high percentage of independent board members and strong financial oversight practices. All financial statements are audited, and there are no reported diversions of assets, showcasing a commitment to transparency and responsible management.
The organization excels in its program expense ratio, with nearly 80% of its expenses directed towards programs. Their fundraising efficiency is also noteworthy, with only $0.08 spent to raise one dollar, demonstrating effective fundraising strategies. Additionally, they have implemented robust policies such as conflict of interest and whistleblower protections, further strengthening their operational integrity.
Despite the strengths highlighted, the working capital ratio of 0.40 years suggests that the organization may face challenges in maintaining sufficient short-term financial stability. Nonetheless, with a perfect score in culture and community, including feedback collection and usage, Friendship Circle New Jersey Inc is recognized as a responsive organization that values stakeholder input and is well-embedded in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Circle New Jersey Inc legitimate?
Friendship Circle New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Circle New Jersey 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: $178,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,004
For more financial information, click here
Official website here: www.fcnj.com
What is the mission statement of Friendship Circle New Jersey Inc?
Friendship Circle New Jersey Inc's mission is centered around promoting a greater awareness and understanding of the unique needs and gifts of individuals with special needs. The organization strives to encourage respect and empathy towards those facing challenges. Through its innovative programming, Friendship Circle aims to enhance understanding of both the distinctive strengths and requirements of these individuals. The organization's primary objective is to foster a more inclusive and compassionate society.
Official website here: www.fcnj.com
Who is the CEO of Friendship Circle New Jersey Inc?
Rabbi Zalman Grossbaum is the Chairman And Ceo of Friendship Circle New Jersey Inc. The CEO's salary of Friendship Circle New Jersey Inc is $65,615 and their total compensation is $180,377.
Official website here: www.fcnj.com
What is the revenue of Friendship Circle New Jersey Inc?
Friendship Circle New Jersey Inc's revenue in 2022 was $2,026,306.
Official website here: www.fcnj.com
Who are the executives of Friendship Circle New Jersey Inc and what are their salaries?
The average compensation at Friendship Circle New Jersey Inc during 2022 was $22,959. There are 30 employees and 280 volunteers at Friendship Circle New Jersey Inc.
Here are 34 key members and their salaries (Friendship Circle New Jersey Inc's CEO's salary is $65,615 and their total compensation is $180,377):
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Official website here: www.fcnj.com
Where can I find the form 990 for Friendship Circle New Jersey Inc?
Friendship Circle New Jersey Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fcnj.com
Learn more at the official website: www.fcnj.com
Mission Statement of Friendship Circle New Jersey Inc
Friendship Circle New Jersey Inc is dedicated to fostering a greater awareness and understanding of the unique needs and gifts of individuals with special needs. The organization's primary mission is to promote respect and empathy for these individuals, recognizing their unique challenges. Through innovative programming, Friendship Circle encourages a broader perspective, helping society appreciate the talents and capabilities of those with special needs. By doing so, the organization seeks to create a more inclusive and compassionate community.
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Impact
July, 2024
Friendship Circle New Jersey Inc promotes a greater awareness and understanding of the unique needs and gifts of individuals with special needs. Through its innovative programming, the organization encourages respect and empathy for those facing challenging circumstances. Its impact can be seen in the increased awareness and understanding of the special needs community, fostering a more inclusive and supportive environment for individuals with disabilities in Livingston, NJ.
This information is meant to be a general summary of Friendship Circle New Jersey 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: $833
- Program Service Revenue: $94,955
- Gross Receipts: $2,175,317
Assets and Liabilities:
- Total Assets: $1,575,711
- Total Liabilities: $1,110,171
- Net Assets: $465,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANTS: ATTENDEES
Revenue
$94,955
Organization Details
Founding Year
2013
Phone
(973) 251-0203Principal Officer
Rabbi Zalman Grossbaum
Main Address
10 Microlab Road, Livingston, NJ, 07039
Website
www.fcnj.comNTEE Category
Code: X19 - Religion related
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