Overview
What is Flying Colors Of Success Inc?
Flying Colors of Success Inc is a nonprofit organization based in Westminster, Maryland. Their primary mission is to provide high-quality community-based supports for individuals with developmental disabilities, aiming to enhance their quality of life and increase their independence. They run group homes for approximately 25 residents and offer day services for around 8 individuals. These group homes are staffed 24 hours a day to ensure the wellbeing of the residents. The organization's goal is to be recognized as a reliable provider of top-notch community-based supports for people with disabilities and special needs. They currently have a workforce of 79 employees.
Official website here: www.flyingcolorsofsuccess.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Flying Colors Of Success Inc has received a solid Three-Star rating from Charity Navigator, highlighting its commitment to accountability and financial health. The charity boasts an impressive Accountability & Finance score of 88, indicating strong financial practices, including a well-managed audit and oversight committee. Particularly notable is their perfect feedback collection and usage scores, which demonstrate an effective engagement with stakeholders and responsiveness to community needs.
The organization operates with a fully independent board, which enhances transparency and governance. With 100% independent members and a sound structure, it exemplifies strong leadership. However, while their Equity Strategies score is respectable at 73, there may be room for improvement in ensuring equitable practices across their operations.
Financially, Flying Colors Of Success Inc shows a healthy balance with a liabilities to assets ratio of just 10.76%. The program expense ratio of 77.16% indicates that a significant portion of their funds directly supports their programs, which is a positive sign for potential donors. Overall, the charity demonstrates effective governance and a commitment to its mission, although continued focus on equity strategies could further enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Flying Colors Of Success Inc legitimate?
Flying Colors Of Success Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flying Colors Of Success 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: $363,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,417,208
For more financial information, click here
Official website here: www.flyingcolorsofsuccess.org
What is the mission statement of Flying Colors Of Success Inc?
Flying Colors of Success Inc, a community-based organization, strives to be recognized for providing high-quality support services that enhance the quality of life and increase the independence of people with disabilities and special needs. Their mission is to offer community-based supports designed to empower those with developmental disabilities to live their best lives. They operate group homes for around 25 residents with developmental disabilities, ensuring round-the-clock staffing. Additionally, they offer day services to approximately 8 individuals, further aiding in their daily lives.
Official website here: www.flyingcolorsofsuccess.org
Who is the CEO of Flying Colors Of Success Inc?
C Michael Hardesty is the Chairman of Flying Colors Of Success Inc. The CEO's salary of Flying Colors Of Success Inc is $188,418 and their total compensation is $204,018.
Official website here: www.flyingcolorsofsuccess.org
What is the revenue of Flying Colors Of Success Inc?
Flying Colors Of Success Inc's revenue in 2023 was $4,929,262.
Official website here: www.flyingcolorsofsuccess.org
Who are the executives of Flying Colors Of Success Inc and what are their salaries?
The average compensation at Flying Colors Of Success Inc during 2023 was $35,196. There are 79 employees and 7 volunteers at Flying Colors Of Success Inc.
Here are 9 key members and their salaries (Flying Colors Of Success Inc's CEO's salary is $188,418 and their total compensation is $204,018):
- 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: $188,418
- Related: $0
- Other: $15,600
- Compensation: $132,200
- Related: $0
- Other: $6,348
Official website here: www.flyingcolorsofsuccess.org
Where can I find the form 990 for Flying Colors Of Success Inc?
Flying Colors Of Success Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flyingcolorsofsuccess.org
Learn more at the official website: www.flyingcolorsofsuccess.org
Mission Statement of Flying Colors Of Success Inc
Flying Colors of Success Inc, a nonprofit organization, is committed to improving the quality of life and increasing the independence of people with disabilities and special needs. The mission of this organization is to be recognized as a provider of high-quality, community-based supports designed to enhance the lives of those with developmental disabilities.
Flying Colors of Success Inc operates group homes for approximately 25 residential program individuals with developmental disabilities. Each of these group homes is staffed 24 hours a day, ensuring round-the-clock care for its residents. In addition to operating group homes, Flying Colors of Success Inc also provides day services to approximately 8 individuals.
The vision of Flying Colors of Success Inc is to empower people with disabilities and special needs to lead fulfilling lives with as much independence as possible. By providing a supportive and caring environment, the organization aims to help its residents reach their full potential and live life to the fullest.
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
June, 2024
Flying Colors Of Success Inc's impact is evident in the lives of approximately 25 individuals with developmental disabilities who benefit from their group home operations. By providing 24-hour staffing and a supportive environment, this organization plays a crucial role in enhancing the quality of life and promoting the independence of these individuals. Additionally, their provision of day services to around 8 individuals further underscores their commitment to serving the community and supporting individuals with special needs. Through their dedicated efforts, Flying Colors Of Success Inc is making a meaningful difference in the lives of those they serve.
This information is meant to be a general summary of Flying Colors Of Success 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: $295,371
- Program Service Revenue: $4,586,194
- Gross Receipts: $5,021,500
Assets and Liabilities:
- Total Assets: $5,348,102
- Total Liabilities: $575,971
- Net Assets: $4,772,131
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.
CLIENT FEES
Revenue
$4,586,194
Organization Details
Founding Year
1991
Phone
(410) 876-0838Principal Officer
C Michael Hardesty
Main Address
88 EAST MAIN STREET, WESTMINSTER, MD, 21157
NTEE Category
Code: F33Z - Mental health
If you are a representative of Flying Colors Of Success 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.