Overview
What is Friendship Trays Inc?
Friendship Trays Inc, situated in Charlotte, North Carolina, is a compassionate nonprofit organization that focuses on addressing the nutritional needs of elderly, handicapped, and convalescing individuals who struggle to prepare or obtain meals due to their circumstances. The organization delivers over 700 nutritious, diet-specific meals daily, offering a variety of options to cater to doctors' orders for specific medical conditions. Despite requesting clients to pay based on their ability, the organization relies on sponsorship from approximately 80 faith-based communities, civic organizations, and businesses, as well as volunteers who contribute their time and resources. Friendship Trays Inc's mission is to ensure no one in the community goes without a nutritious meal, regardless of their age or financial status.
Official website here: www.friendshiptrays.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
Friendship Trays Inc has earned a top-tier Four-Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This rating signifies the organization's strong commitment to transparency and responsible financial management, which is crucial for building trust with donors and stakeholders.
The organization showcases impressive governance with a fully independent board, an effective audit and oversight committee, and robust financial ratios indicating sound fiscal health. With 87.36% of its expenses directed towards programs, minimal fundraising costs, and a solid working capital ratio of 2.22 years, Friendship Trays demonstrates operational efficiency and sustainability in its mission to provide meals to those in need.
No significant limitations were noted in the data, with the organization maintaining high standards in various governance policies, such as conflict of interest and whistleblower protections. Overall, Friendship Trays Inc stands out as a financially healthy nonprofit dedicated to its cause, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Trays Inc legitimate?
Friendship Trays Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Trays 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,742
For more financial information, click here
Official website here: www.friendshiptrays.org
What is the mission statement of Friendship Trays Inc?
Friendship Trays Inc's mission is centered around delivering nutritious, diet-specific meals to individuals within the community who are incapable of preparing meals for themselves due to various reasons, regardless of their age or financial ability to pay. The organization's corps of drivers delivers over 700 meals daily, ensuring that elderly, handicapped, and convalescing individuals receive a balanced meal, often resembling a typical dinner. Dietary requirements are obtained from doctors, and a variety of special meals are available to cater to different medical conditions. Although recipients are encouraged to pay based on their financial capacity, Friendship Trays relies on sponsorships from various faith-based communities, civic organizations, businesses, and individual donors to cover its operational costs, enabling it to serve those in need.
Official website here: www.friendshiptrays.org
Who is the CEO of Friendship Trays Inc?
Lucy Bush Carter is the President of Friendship Trays Inc.
Official website here: www.friendshiptrays.org
What is the revenue of Friendship Trays Inc?
Friendship Trays Inc's revenue in 2021 was $459,995.
Official website here: www.friendshiptrays.org
Who are the executives of Friendship Trays Inc and what are their salaries?
There 40 volunteers at Friendship Trays Inc.
Here are 13 key members and their salaries:
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Official website here: www.friendshiptrays.org
Where can I find the form 990 for Friendship Trays Inc?
Friendship Trays Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.friendshiptrays.org
Learn more at the official website: www.friendshiptrays.org
Mission Statement of Friendship Trays Inc
Friendship Trays Inc, a distinguished nonprofit organization, is dedicated to providing nutritious, diet-specific meals to individuals in the community who are unable to prepare meals for themselves due to various reasons, such as age or disability. Regardless of their financial capabilities, the organization ensures that these individuals receive meals, demonstrating its commitment to serving the community's needs without discrimination.
The mission of Friendship Trays Inc is twofold. Firstly, it aims to deliver meals that cater to the dietary requirements prescribed by doctors for various medical conditions. This ensures that the meals are not only nutritious but also suitable for the recipients' specific health needs. Secondly, the organization recognizes that some individuals may not have the financial means to pay for these meals. Therefore, it relies on sponsorship from various sources, including faith-based communities, civic organizations, businesses, and individual donors, to cover the costs and ensure that no one is left without adequate nutrition.
In essence, Friendship Trays Inc serves as a vital lifeline for those in need, providing them with meals that not only sustain their physical health but also offer a sense of normalcy and dignity. By delivering meals during the lunch hour, the organization ensures that the recipients receive a full, balanced meal, similar to a typical dinner, which can significantly improve their overall well-being.
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Impact
July, 2024
Friendship Trays Inc's impact is significant in the community of Charlotte, NC. They deliver more than 700 nutritious, diet-specific meals daily to elderly, handicapped, and convalescing individuals who are unable to prepare meals for themselves and have no one to do it for them. This service ensures that those who are unable or greatly restricted in their ability to secure meals receive a full and balanced meal at lunchtime. Additionally, Friendship Trays caters to a range of special diets based on doctors' orders for certain medical conditions.
Despite asking recipients to pay based on their ability, Friendship Trays relies on sponsors from faith-based communities, civic organizations, and businesses for financial support to serve all who need nutritious meals. This model of support not only ensures that vulnerable individuals receive essential meals but also fosters a sense of community involvement and care.
This information is meant to be a general summary of Friendship Trays 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 2021.
- Investment Income: $85,605
- Program Service Revenue: $140,128
- Gross Receipts: $1,016,780
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of meals
Revenue
$140,128
Organization Details
Founding Year
1976
Phone
(704) 333-9229Principal Officer
Lucy Bush Carter
Main Address
2401-A Distribution Street, Charlotte, NC, 28203
Website
www.friendshiptrays.orgNTEE Category
Code: K30 - Food
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