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Schoenbaum Family Enrichment Centerinc Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 550735017 ✦ Charleston, WV ✦ Designated as a 501(c)(3)

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Overview

What is Schoenbaum Family Enrichment Centerinc Corporation?

The Schoenbaum Family Enrichment Centerinc Corporation, located in Charleston, West Virginia, serves as a nonprofit organization dedicated to facilitating necessary resources for individuals, families, and businesses. Through integrated services, community collaborations, and opportunities, they strive to make a positive impact. Their mission is to provide and coordinate essential assistance, fostering a supportive network that empowers growth and development across various sectors. With a team of 46 dedicated professionals, the Schoenbaum Family Enrichment Centerinc Corporation is committed to enhancing the well-being of their community.


Official website here: www.familyenrichmentcenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Schoenbaum Family Enrichment Centerinc Corporation has received a score of 83%, indicating a solid level of accountability and finance practices. This rating is derived entirely from its performance in financial accountability, which includes measures such as independent board governance and effective financial oversight. The organization boasts a fully independent board and demonstrates strong adherence to governance policies, which contributes positively to its accountability score.

Strengths of the organization include a high percentage of independent board members and a robust financial management system, including no material diversion of assets. It has also established various policies such as conflict of interest, whistleblower, and document retention, which enhance its operational integrity. The organization’s liabilities to assets ratio is impressively low, further reflecting its financial stability.

However, there is room for improvement, particularly in the area of program expense ratio, which stands at 59.45%. This suggests that while the organization is managing its finances well, a greater portion of its expenses could be directed toward its programs and services. Overall, the Schoenbaum Family Enrichment Centerinc Corporation demonstrates a commitment to accountability, though enhancing its program impact could strengthen its overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Schoenbaum Family Enrichment Centerinc Corporation legitimate?

Schoenbaum Family Enrichment Centerinc Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schoenbaum Family Enrichment Centerinc Corporation 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: $76,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $380,128

For more financial information, click here


Official website here: www.familyenrichmentcenter.org

What is the mission statement of Schoenbaum Family Enrichment Centerinc Corporation?

The Schoenbaum Family Enrichment Centerinc Corporation's mission is to offer or facilitate necessary resources for individuals, families, and businesses. This is achieved through integrated services, community partnerships, and opportunities. The center aims to serve as a coordinator, providing necessary assistance and support to its constituents. By fostering partnerships and creating opportunities, the center seeks to enhance the well-being of its community members.


Official website here: www.familyenrichmentcenter.org

Who is the CEO of Schoenbaum Family Enrichment Centerinc Corporation?

Tim Morris is the President of Schoenbaum Family Enrichment Centerinc Corporation. The CEO's salary of Schoenbaum Family Enrichment Centerinc Corporation is $76,500 and their total compensation is $76,500.


Official website here: www.familyenrichmentcenter.org

What is the revenue of Schoenbaum Family Enrichment Centerinc Corporation?

Schoenbaum Family Enrichment Centerinc Corporation's revenue in 2022 was $1,094,419.


Official website here: www.familyenrichmentcenter.org

Who are the executives of Schoenbaum Family Enrichment Centerinc Corporation and what are their salaries?

The average compensation at Schoenbaum Family Enrichment Centerinc Corporation during 2022 was $9,927. There are 46 employees at Schoenbaum Family Enrichment Centerinc Corporation.


Here are 5 key members and their salaries (Schoenbaum Family Enrichment Centerinc Corporation's CEO's salary is $76,500 and their total compensation is $76,500):


Berkley Bentley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Carter (Secretary/Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Thornton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fazel Shere (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Morris (Ceo)
  • Compensation: $76,500
  • Related: $0
  • Other: $0


Official website here: www.familyenrichmentcenter.org

Where can I find the form 990 for Schoenbaum Family Enrichment Centerinc Corporation?

Schoenbaum Family Enrichment Centerinc Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.familyenrichmentcenter.org

Learn more at the official website: www.familyenrichmentcenter.org

Mission Statement of Schoenbaum Family Enrichment Centerinc Corporation

The Schoenbaum Family Enrichment Centerinc Corporation is committed to providing or coordinating essential resources for individuals, families, and businesses. This mission is achieved through integrated services, community partnerships, and opportunities. The nonprofit organization strives to serve its community by offering a range of resources, fostering collaborations, and creating opportunities for growth and development. By doing so, the Schoenbaum Family Enrichment Centerinc Corporation aims to contribute positively to the well-being of its community members, ensuring they have the necessary support to thrive.

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Impact




July, 2024

Schoenbaum Family Enrichment Centerinc Corporation's impact lies in its ability to provide or coordinate essential resources for individuals, families, and businesses through integrated services, community partnerships, and opportunities. By fulfilling its mission, the organization plays a vital role in supporting the well-being and development of the community it serves in Charleston, WV. Through its focus on human services, Schoenbaum Family Enrichment Centerinc Corporation positively impacts the lives of those in need by connecting them with the necessary resources and support systems.




This information is meant to be a general summary of Schoenbaum Family Enrichment Centerinc Corporation. 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.

Revenue
$1,094,419 (2022)
Expenses
$891,516 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39,173
  • Program Service Revenue: $678,364
  • Gross Receipts: $1,623,165

Assets and Liabilities:

  • Total Assets: $3,972,880
  • Total Liabilities: $18,328
  • Net Assets: $3,954,552

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENU

Revenue

$678,364

Organization Details

Founding Year

1994

Principal Officer

Tim Morris

Main Address

1701 5TH AVENUE STE 1, CHARLESTON, WV, 253871900

NTEE Category

Code: P280 - Human services

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