Overview
What is Franklin Cooperative Ministry Inc?
Franklin Cooperative Ministry Inc is a nonprofit organization that focuses on aiding disadvantaged individuals and families. Their mission encompasses various forms of assistance, including but not limited to, housing, utilities, prescription medications, dental care, and essential household items and clothing. Beyond this, they also offer a variety of additional programs such as emergency assistance, transportation support, and school supply distribution to numerous families in the area. One of their most significant initiatives involves providing 3,184 food bags to 287 family households in need. Overall, the organization aims to uplift and support those who are less fortunate, ensuring they have access to essential resources and services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
Franklin Cooperative Ministry Inc has received a two-star rating from Charity Navigator, indicating that there are areas for improvement despite some strengths in its operational practices. The organization scored well in leadership and adaptability, showcasing a commitment to change and responsiveness to community needs, as evidenced by their strategic goals for enhancing their online presence and reorganizing their services.
Strengths include a fully independent board and a strong program expense ratio of 91.66%, indicating that a significant portion of its budget is directed toward its programs rather than administrative costs. However, the organization faces notable challenges in accountability and finance, scoring only 67 in this area. The absence of essential financial statements and policies such as conflict of interest and whistleblower protections highlights potential vulnerabilities in transparency and governance.
While Franklin Cooperative Ministry Inc demonstrates an ability to adapt and engage with the community, the lack of basic documentation and online resources may hinder its overall effectiveness and outreach. Addressing these gaps could significantly enhance the charity's rating and operational success in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Cooperative Ministry Inc legitimate?
Franklin Cooperative Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Cooperative Ministry 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:
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Other Salaries and Wages: $86,427
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What is the mission statement of Franklin Cooperative Ministry Inc?
Franklin Cooperative Ministry Inc's primary mission is centered around assisting disadvantaged individuals. Their efforts are focused on providing aid in various essential areas such as housing, utility bills, prescription medications, dental care, household items, and clothing. Beyond this, the organization also offers additional programs like emergency assistance, transportation aid, and school supply distribution to numerous families in need. One of their notable initiatives involves distributing 3,184 food bags to 287 family households within their service area.
Who is the CEO of Franklin Cooperative Ministry Inc?
Geraldine R Lewis is the Director/Cha of Franklin Cooperative Ministry Inc.
What is the revenue of Franklin Cooperative Ministry Inc?
Franklin Cooperative Ministry Inc's revenue in 2022 was $590,265.
Who are the executives of Franklin Cooperative Ministry Inc and what are their salaries?
The average compensation at Franklin Cooperative Ministry Inc during 2022 was $21,607. There are 4 employees and 26 volunteers at Franklin Cooperative Ministry Inc.
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Where can I find the form 990 for Franklin Cooperative Ministry Inc?
Franklin Cooperative Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin Cooperative Ministry Inc
Franklin Cooperative Ministry Inc, as its primary mission, strives to extend aid and assistance to disadvantaged individuals. This nonprofit organization focuses on providing essential services such as housing, utilities, prescription medications, dental care, and necessary household goods and clothing. Beyond these core services, Franklin Cooperative Ministry also offers various programs to help families in need, including emergency assistance, transportation aid, and school supplies. One of its notable initiatives involves distributing 3,184 food bags to 287 family households within the community. Thus, Franklin Cooperative Ministry Inc serves as a vital resource, providing essential support to those who are facing challenges and helping to improve their overall quality of life.
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Impact
July, 2024
Franklin Cooperative Ministry Inc has a significant impact on the disadvantaged in the community by providing essential assistance for housing, utilities, prescriptions, dental care, household goods, and clothing. It goes beyond basic needs by offering various programs such as emergency assistance, transportation assistance, and school supplies, benefiting numerous families. One outstanding program includes the distribution of 3,184 food bags to 287 family households in need within the area, demonstrating a tangible and meaningful contribution to those facing hardship.
This information is meant to be a general summary of Franklin Cooperative Ministry 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: $44,663
- Gross Receipts: $748,228
Assets and Liabilities:
- Total Assets: $879,509
- Total Liabilities: $2,126
- Net Assets: $877,383
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Organization Details
Phone
(757) 516-6322Principal Officer
Geraldine R Lewis
Main Address
PO BOX 1214, FRANKLIN, VA, 23851
NTEE Category
Code: P20Z - Human services
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