Overview
What is Friends Of Forman Christian College Inc?
Friends of Forman Christian College Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary purpose is to raise funds for Forman Christian College in Lahore, Pakistan, with a focus on supporting its mission and enhancing its educational services. The organization, through generous donations and grants, aids Forman in various aspects, such as funding scholarships, Christian programming, and capital projects. During the recent year, FFCC assisted Forman in providing a 40% increase in scholarships and maintaining quality education for its 8,664 students. The organization's recent achievements, including the construction of a Campus Center, have been substantial, with over $10.2 million raised for the project. Friends of Forman Christian College is committed to fostering responsible, informed, and ethical citizens of Pakistan, embodying the college's motto, "By love serve one another."
Official website here: www.friendsofforman.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Friends Of Forman Christian College Inc has received an impressive 96% rating from Charity Navigator, indicating strong performance in various operational aspects. The high score reflects the organization's transparency and effectiveness in managing its finances, as evidenced by its perfect accountability and finance score of 96. Key strengths include a fully independent board with 15 members, comprehensive conflict of interest and whistleblower policies, and a solid audit process which underscores the charity's commitment to ethical governance.
The organization demonstrates financial health with a program expense ratio of 86.32%, ensuring that the majority of funds are directed toward its programs. Additionally, a favorable liabilities to assets ratio of 34.52% indicates a robust financial position, allowing for sustainable operations. The scoring in leadership and adaptability, both at a perfect 100, highlights the charity's ability to effectively strategize and respond to changing conditions in its mission area.
While the overall data is overwhelmingly positive, the limited information regarding specific programs and their outcomes could be an area for further transparency. However, the charity's commitment to maintaining high standards of accountability and an independent governance structure positions it as a reliable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Forman Christian College Inc legitimate?
Friends Of Forman Christian College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Forman Christian College 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: $552,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,858
For more financial information, click here
Official website here: www.friendsofforman.org
What is the mission statement of Friends Of Forman Christian College Inc?
Friends of Forman Christian College Inc is committed to supporting the educational mission of Forman Christian College, aiming to develop well-informed, ethical, and responsible citizens. They accomplish this by raising funds through donations and grants, which are then utilized to fund scholarships, Christian programming, and capital projects at the college. These initiatives have enabled Forman to provide quality education to its students and offer a significant increase in scholarships, benefiting over 8,600 learners. During a recent campaign, Friends of Forman Christian College raised additional funds towards the construction of a Campus Center, contributing significantly to this project. The organization's efforts contribute to the betterment of education and the development of future leaders.
Official website here: www.friendsofforman.org
Who is the CEO of Friends Of Forman Christian College Inc?
Sandy O'Meara is the Chair of Friends Of Forman Christian College Inc.
Official website here: www.friendsofforman.org
What is the revenue of Friends Of Forman Christian College Inc?
Friends Of Forman Christian College Inc's revenue in 2023 was $1,943,216.
Official website here: www.friendsofforman.org
Who are the executives of Friends Of Forman Christian College Inc and what are their salaries?
The average compensation at Friends Of Forman Christian College Inc during 2023 was $114,888. There are 6 employees and 15 volunteers at Friends Of Forman Christian College Inc.
Here are 18 key members and their salaries:
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- Other: $2,767
Official website here: www.friendsofforman.org
Where can I find the form 990 for Friends Of Forman Christian College Inc?
Friends Of Forman Christian College Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendsofforman.org
Learn more at the official website: www.friendsofforman.org
Mission Statement of Friends Of Forman Christian College Inc
Friends of Forman Christian College, as an organization, is committed to upholding and strengthening the high-quality educational mission of Forman Christian College in Pakistan. Their mission is centered around developing informed, ethical, and responsible citizens who embody the college's motto, "By love serve one another." They achieve this by providing financial support through donations and grants. These funds are utilized to offer scholarships, facilitate Christian programming, and finance capital projects at Forman Christian College. This financial aid has enabled the college to boost its scholarship program by 40%, allowing it to continue providing quality education to its 8,664 students. During the Free to Flourish campaign, Friends of Forman Christian College raised an additional $1,150,000 for the construction of a Campus Center, bringing the total investment to over $10.2 million. Overall, Friends of Forman Christian College serves as a key supporter in nurturing well-rounded, compassionate individuals who embody the spirit of service.
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Impact
July, 2024
Friends Of Forman Christian College Inc's impact is significant in supporting the high-quality educational mission of Forman Christian College in Lahore, Pakistan. By raising funds to provide scholarships, support Christian programming on campus, and facilitate capital projects, Friends Of Forman Christian College has enabled Forman to increase scholarships by 40% and continue to deliver quality education to its 8,664 students. Additionally, through generous grants, including $1,150,000 towards the completion of a Campus Center, Friends Of Forman Christian College has contributed over $10.2 million towards enhancing the college's facilities and programs. This support plays a crucial role in developing informed, ethical, and responsible citizens of Pakistan, aligning with Forman Christian College's motto of "By love serve one another."
This information is meant to be a general summary of Friends Of Forman Christian College 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: $63,135
- Gross Receipts: $1,976,141
Assets and Liabilities:
- Total Assets: $4,578,920
- Total Liabilities: $1,580,644
- Net Assets: $2,998,276
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Organization Details
Founding Year
2005
Phone
(866) 460-6313Principal Officer
Sandy O'Meara
Main Address
3434 Roswell Road NW, Atlanta, GA, 303051202
Website
www.friendsofforman.orgNTEE Category
Code: B114 - Education
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