Overview
What is Favor International Inc?
Favor International Inc, based in Valrico, Florida, is a nonprofit organization with a mission to empower leaders in conflict-stricken regions of Africa. Their primary goal is to inspire these leaders to utilize the Gospel as a catalyst for transformation in all aspects of their communities. By transitioning mercenaries into missionaries, Favor International promotes holistic community problem-solving and innovative development strategies. The organization's initiatives encompass various aspects of life, aiming to bring about lasting change in war-affected areas.
Official website here: www.favorintl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Favor International Inc has received a commendable Three-Star rating from Charity Navigator, reflecting a solid overall performance, particularly in the areas of accountability and finance, where it scored 93%. This strong score indicates a well-managed organization with a high level of transparency and responsible financial practices, including an independent board and effective oversight mechanisms.
The nonprofit excels in its financial ratios, demonstrating a commitment to directing a significant portion of its resources—91%—toward program expenses. Additionally, the organization shows remarkable fundraising efficiency, with only $0.04 spent to raise each dollar. However, the working capital ratio indicates a potential liquidity challenge, with only 0.10 years of working capital available.
On the cultural side, Favor International Inc scored an impressive 100% in culture and community aspects, indicating effective feedback collection and usage practices. The organization prioritizes stakeholder engagement and actively incorporates feedback into its operations. Overall, while the organization demonstrates strong financial health and community engagement, it may need to address its working capital situation to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Favor International Inc legitimate?
Favor International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Favor International 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: $43,333
Professional Fundraising Fees: $13,000
Other Salaries and Wages: $146,076
For more financial information, click here
Official website here: www.favorintl.org
What is the mission statement of Favor International Inc?
Favor International Inc is committed to transforming communities in war-afflicted regions of Africa by utilizing the power of the Gospel. The organization aims to inspire and mobilize local leaders, encouraging them to shift from a mercenary mindset to becoming missionaries. This transition enables them to implement holistic, community-based problem-solving strategies and foster innovative community development. Favor International Inc believes in the transformative potential of this approach, which empowers communities to overcome challenges and improve their lives.
Official website here: www.favorintl.org
Who is the CEO of Favor International Inc?
Carole Ward is the Executive Director of Favor International Inc.
Official website here: www.favorintl.org
What is the revenue of Favor International Inc?
Favor International Inc's revenue in 2022 was $3,384,843.
Official website here: www.favorintl.org
Who are the executives of Favor International Inc and what are their salaries?
The average compensation at Favor International Inc during 2022 was $21,045. There are 9 employees and 8 volunteers at Favor International Inc.
Here are 7 key members and their salaries:
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Official website here: www.favorintl.org
Where can I find the form 990 for Favor International Inc?
Favor International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.favorintl.org
Learn more at the official website: www.favorintl.org
Mission Statement of Favor International Inc
Favor International, a nonprofit organization, is dedicated to serving and mobilizing leaders in conflict-ridden regions of Africa. Their mission is to inspire mercenaries to transform into missionaries, empowering them to address community issues holistically and innovatively using the power of the Gospel. Favor International envisions these community leaders bringing about comprehensive problem-solving and innovative development strategies, thereby transforming their communities in every aspect of life.
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Impact
July, 2024
Favor International Inc's impact lies in serving and mobilizing leaders in war-affected regions of Africa to drive profound transformation in their communities through the teachings of the Gospel in every aspect of life. This organization envisions a powerful shift where mercenaries evolve into missionaries who actively engage in solving community challenges holistically and employ innovative development strategies. Carole Ward leads Favor International from Valrico, Florida, aiming to make a significant difference in the lives of those in need across regions affected by war in Africa.
This information is meant to be a general summary of Favor International 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: $727
- Gross Receipts: $3,384,843
Assets and Liabilities:
- Total Assets: $774,639
- Total Liabilities: $307,538
- Net Assets: $467,101
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Organization Details
Founding Year
2015
Principal Officer
Carole Ward
Main Address
3433 Lithia Pinecrest Rd STE 356, Valrico, FL, 33596
Website
www.favorintl.orgNTEE Category
Code: Q33 - International
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