Overview
What is Franklin-Vance-Warren Opportunity Inc?
Franklin-Vance-Warren Opportunity Inc, located at 180 S Beckford Drive, Henderson, North Carolina (NC 27536), is a nonprofit organization dedicated to improving the welfare of residents in Franklin, Vance, and Warren counties. Their mission encompasses participating in various educational and charitable activities that serve the community's needs. With a workforce of 113 individuals, they strive to contribute positively to the well-being of their local population. The organization does not specify its focus areas or projects in the provided data, but it is clear that their aim is to uplift their community through diverse initiatives.
What are the reviews and ratings of this charity?
**: 2 Stars (Charity Navigator Rating 71%) - Needs Improvement** ent**
Franklin-Vance-Warren Opportunity Inc has received a two-star rating from Charity Navigator, primarily evaluated on its Accountability & Finance score. The rating reflects concerns related to financial transparency and governance practices, with notable areas for improvement indicated by missing financial statements and policies such as whistleblower and document retention protocols. However, the organization maintains a fully independent board of directors and a strong program expense ratio, signifying a commitment to utilizing funds primarily for its charitable missions.
Despite its strengths, the lack of crucial policies and reporting can undermine trust and transparency with stakeholders. The organization has not been assessed in areas related to leadership, adaptability, culture, or impact, which are also significant for a comprehensive understanding of its effectiveness and long-term viability. These omissions leave potential donors and partners seeking more information on the charity's overall impact and internal culture.
Unfortunately, user reviews from GreatNonprofits were unavailable, leaving a gap in personal feedback and sentiment regarding the organization's operations. As such, the overall reception of Franklin-Vance-Warren Opportunity Inc remains under-explored, which potential supporters may want to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin-Vance-Warren Opportunity Inc legitimate?
Franklin-Vance-Warren Opportunity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin-Vance-Warren Opportunity 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: $157,659
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,382,275
For more financial information, click here
What is the mission statement of Franklin-Vance-Warren Opportunity Inc?
The Franklin-Vance-Warren Opportunity Inc is dedicated to participating in various educational and charitable activities that contribute to the betterment of the community in Franklin, Vance, and Warren Counties of North Carolina. Their mission is centered around advancing the welfare of the people residing in these areas, using a multifaceted approach involving both education and charitable endeavors.
Who is the CEO of Franklin-Vance-Warren Opportunity Inc?
Felicia Gregory is the Ceo of Franklin-Vance-Warren Opportunity Inc. The CEO's salary of Franklin-Vance-Warren Opportunity Inc is $101,367 and their total compensation is $101,367.
What is the revenue of Franklin-Vance-Warren Opportunity Inc?
Franklin-Vance-Warren Opportunity Inc's revenue in 2022 was $8,890,505.
Who are the executives of Franklin-Vance-Warren Opportunity Inc and what are their salaries?
The average compensation at Franklin-Vance-Warren Opportunity Inc during 2022 was $22,477. There are 113 employees at Franklin-Vance-Warren Opportunity Inc.
Here are 15 key members and their salaries (Franklin-Vance-Warren Opportunity Inc's CEO's salary is $101,367 and their total compensation is $101,367):
- Compensation: $101,367
- Related: $0
- Other: $0
- Compensation: $75,218
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- Other: $0
- Compensation: $46,800
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- Other: $0
Where can I find the form 990 for Franklin-Vance-Warren Opportunity Inc?
Franklin-Vance-Warren Opportunity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin-Vance-Warren Opportunity Inc
Franklin-Vance-Warren Opportunity Inc is committed to participating in various educational and charitable activities that contribute to improving the welfare of the people residing in Franklin, Vance, and Warren Counties of North Carolina. Their mission is multifaceted and encompasses taking part in initiatives that enhance the well-being of the local community. The organization is dedicated to addressing the needs of its population in a proactive manner, ensuring that necessary actions are taken to advance their overall welfare.
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Impact
July, 2024
Franklin-Vance-Warren Opportunity Inc positively impacts the communities of Franklin, Vance, and Warren counties in North Carolina by advancing the welfare of the people living in these areas. Through its education and charitable activities, the organization works to address the needs of individuals and families, particularly in the realms of human services. This impact is felt directly by those who benefit from the services and support provided by Franklin-Vance-Warren Opportunity Inc, contributing to the overall well-being and development of the local community.
This information is meant to be a general summary of Franklin-Vance-Warren Opportunity 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: $94
- Program Service Revenue: $18,646
- Gross Receipts: $8,890,505
Assets and Liabilities:
- Total Assets: $3,893,938
- Total Liabilities: $1,381,800
- Net Assets: $2,512,138
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$18,646
Organization Details
Founding Year
1966
Principal Officer
Felicia Gregory
Main Address
180 S BECKFORD DRIVE, Henderson, NC, 27536
NTEE Category
Code: P20 - Human services
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