Overview
What is One Family Inc?
One Family Inc, based in South Boston, Massachusetts, is a nonprofit organization that focuses on addressing family homelessness in the state. Their primary mission is to promote pathways to economic independence by providing resources and support to parents. Through the One Family Scholars Program, they offer coaching sessions, scholarships, and financial aid to single parents attending college in Massachusetts, helping them align their education and career plans, overcome obstacles, and cover both direct and indirect college costs. This program has shown remarkable success, with a graduation rate of 75% for their scholars, significantly higher than the national average. With a dedicated workforce of 22 employees, One Family Inc is committed to finding permanent solutions to family homelessness in Massachusetts.
Official website here: www.onefamilyinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
One Family Inc has achieved an impressive 99% rating from Charity Navigator, highlighting its strong performance across various metrics. The charity's Accountability & Finance score is particularly notable at 100%, indicating excellent oversight and financial management practices, including an independent board with no material diversions of assets. This reflects a commitment to transparency and responsible stewardship of funds.
The organization also exhibits a commendable Culture & Community score of 94%, demonstrating a solid connection with the communities it serves and an emphasis on creating a supportive environment. Its leadership and adaptability score of 100% further underscores its effectiveness, showing that it has successfully expanded its outreach to serve over 500 households annually, reflecting its ability to respond to community needs.
While the organization excels in multiple areas, the scores for Leadership & Adaptability and Culture & Community are lower than the perfect score of 100%. However, these areas still indicate a strong commitment to development and community engagement, positioning One Family Inc as a reputable and impactful nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about One Family Inc?
100% of 13 reviewers on Facebook recommend One Family Inc. Here is a summary of their reviews:
The reviews reflect a strong admiration for the organization, with comments highlighting the positive impact and dedication of the staff. Many individuals feel honored to be associated with the nonprofit, underscoring a sense of pride and commitment to its mission.
Overall, the sentiment is overwhelmingly positive, indicating that One Family Inc effectively fulfills its purpose and meets the needs of those it serves. The genuine appreciation from employees suggests a strong organizational culture and dedication to community support.
This AI summary has been generated from reviews found on Facebook.
Is One Family Inc legitimate?
One Family Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Family 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: $184,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,238,806
For more financial information, click here
Official website here: www.onefamilyinc.org
What is the mission statement of One Family Inc?
One Family's primary objective is to eradicate family homelessness nationwide, with a focus on Massachusetts. They achieve this goal by promoting pathways to economic independence. Their programs and advocacy initiatives assist parents in gaining access to education and careers, securing housing, and building a financially stable future. One Family's Scholars Program is a significant part of their efforts. This program offers coaching and scholarships to single parents attending college in Massachusetts, many of whom are either currently homeless or at risk of becoming so. During the coaching sessions, parents develop their education and career plans, utilize available resources, and overcome obstacles. Financial aid is also provided to cover direct and indirect college costs, such as tuition, fees, books, technology, transportation, childcare, and living expenses. As a result, a significant number of One Family Scholars graduate from college, with an impressive graduation rate of 75%, which is higher than the national average for undergraduates and substantially higher than the rate for single mothers.
Official website here: www.onefamilyinc.org
Who is the CEO of One Family Inc?
Valerie Paric is the Chair of One Family Inc.
Official website here: www.onefamilyinc.org
What is the revenue of One Family Inc?
One Family Inc's revenue in 2023 was $2,686,402.
Official website here: www.onefamilyinc.org
Who are the executives of One Family Inc and what are their salaries?
The average compensation at One Family Inc during 2023 was $64,700. There are 22 employees and 35 volunteers at One Family Inc.
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- Compensation: $170,880
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- Other: $13,706
Official website here: www.onefamilyinc.org
Where can I find the form 990 for One Family Inc?
One Family Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.onefamilyinc.org
Learn more at the official website: www.onefamilyinc.org
Mission Statement of One Family Inc
One Family Inc, a nonprofit organization, is dedicated to addressing family homelessness in Massachusetts. The organization's mission is to prevent family homelessness by promoting pathways to economic independence. One Family Inc achieves this by offering programs and advocacy that assist parents in gaining access to education, careers, securing housing, and building assets for the future.
In practical terms, One Family Inc implements this mission through their One Family Scholars Program. This program provides coaching and scholarships to single parents attending college in Massachusetts. The program serves 112 student-parents annually, all of whom are either currently experiencing or at risk of homelessness. One-on-one coaching sessions help these parents align their education and career plans, access resources, and overcome obstacles. Financial aid is also provided to cover both direct and indirect college costs, such as tuition, fees, books, technology, transportation, childcare, and living expenses.
The success of the One Family Scholars Program is evident in its high graduation rate. An astonishing 75% of program participants graduate from college, significantly higher than the national average of 54% for all undergraduates and 8% for single mothers. This program, and by extension, One Family Inc, is committed to empowering families to overcome homelessness and build a stable future.
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Impact
July, 2024
One Family Inc's impact is profound, as it works tirelessly to prevent family homelessness in Massachusetts by promoting pathways to economic independence. Through initiatives like the One Family Scholars Program, the organization provides coaching and scholarships to single parents attending college in the state. This program not only helps these student-parents align their education and career plans, access resources, and overcome obstacles but also offers financial aid to cover various costs associated with furthering their education.
The statistics speak volumes about the efficacy of One Family Inc's efforts. With an impressive graduation rate of 75% for their One Family Scholars, compared to the national average of 54% for all undergraduates and a mere 8% for single mothers, the organization is making a tangible difference in breaking the cycle of homelessness and poverty for these families. Through their human services-focused approach and dedication to finding permanent solutions to family homelessness, One Family Inc is positively transforming lives and communities in Massachusetts.
This information is meant to be a general summary of One Family 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: $47,914
- Program Service Revenue: $48,535
- Gross Receipts: $2,706,152
Assets and Liabilities:
- Total Assets: $2,470,252
- Total Liabilities: $45,494
- Net Assets: $2,424,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICE FEES
Revenue
$48,535
Organization Details
Founding Year
2002
Phone
(617) 423-0504Principal Officer
Valerie Paric
Main Address
423 WEST BROADWAY SUITE 402, SOUTH BOSTON, MA, 02127
Website
www.onefamilyinc.orgNTEE Category
Code: P20 - Human services
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