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Family Forum Inc

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

EIN: 561251556 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Family Forum Inc?

Family Forum Inc, located at 3501 E Independence Blvd, Charlotte, NC 28205, is a nonprofit organization dedicated to supporting disabled veterans. Their primary mission is to provide essential resources such as food, clothing, and shelter for these individuals. Additionally, they offer medical care to ensure the well-being of the veterans they serve. With a team of four dedicated employees, Family Forum Inc is committed to making a positive impact in the lives of disabled veterans.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)

Family Forum Inc has received a two-star rating from Charity Navigator, indicating that the organization is currently in need of improvement. The charity excels in accountability and finance, achieving a perfect score in this area, which demonstrates strong governance practices such as having a majority of independent board members and a solid liabilities to assets ratio.

However, the organization faces significant challenges concerning financial transparency, as evidenced by a score of zero in critical categories such as financial statements, website listing on tax forms, and the absence of key policies like conflict of interest and whistleblower policies. These shortcomings may raise concerns regarding the organization's overall operational integrity and transparency.

Despite its strong program expense ratio, indicating effective allocation of resources towards its mission, the lack of essential financial documentation and transparency policies could hinder trust among donors and stakeholders. Addressing these issues will be crucial for Family Forum Inc to enhance its rating and build greater confidence within the community it serves.


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

Is Family Forum Inc legitimate?

Family Forum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Forum 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: $90,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Family Forum Inc?

Family Forum Inc, as an organization, is committed to providing essential support services for disabled veterans. Their mission, stated in various ways, revolves around providing necessary resources such as food, clothing, shelter, and medical care. This mission is aimed at enhancing the lives of these veterans, ensuring they have access to the necessities they require. The organization's activities are centered around fulfilling this mission, providing a safety net for disabled veterans in need.

Who is the CEO of Family Forum Inc?

Tara Hedgepeth is the Executive Director of Family Forum Inc.

What is the revenue of Family Forum Inc?

Family Forum Inc's revenue in 2022 was $991,716.

Who are the executives of Family Forum Inc and what are their salaries?

The average compensation at Family Forum Inc during 2022 was $22,679. There are 4 employees at Family Forum Inc.


Here are 4 key members and their salaries:


Tara Hedgepeth (Executive Director)
  • Compensation: $60,800
  • Related: $0
  • Other: $0
Michael Boulware (Assistant)
  • Compensation: $6,480
  • Related: $0
  • Other: $0
Antonio Williams (Assistant)
  • Compensation: $35,224
  • Related: $0
  • Other: $0
Julian Brown (Assistant)
  • Compensation: $21,120
  • Related: $0
  • Other: $0
Where can I find the form 990 for Family Forum Inc?

Family Forum Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Family Forum Inc

Family Forum Inc, a nonprofit organization, is committed to providing essential aid to disabled veterans. Their mission, as stated, is to offer food, clothing, and medical care, along with shelter, to this group of individuals who have served their country. The organization's goal is to support these veterans in their daily lives, ensuring they have access to necessary resources and care. By doing so, Family Forum Inc aims to contribute positively to the well-being of disabled veterans, recognizing their sacrifices and honoring their service.

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Impact




July, 2024

Family Forum Inc's impact can be seen through their dedicated efforts to provide essential support services to disabled veterans in need. By offering food, clothing, shelter, and medical care, the organization directly improves the lives of individuals who have sacrificed for their country. This tangible assistance not only meets the basic needs of veterans but also helps them maintain a sense of dignity and well-being. Through their compassionate work in CHARLOTTE, NC, Family Forum Inc demonstrates a commitment to serving those who have served their nation.




This information is meant to be a general summary of Family Forum 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.

Revenue
$991,716 (2022)
Expenses
$912,113 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $991,716

Assets and Liabilities:

  • Total Assets: $106,983
  • Total Liabilities: $1,614
  • Net Assets: $105,369

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Organization Details

Founding Year

1979

Principal Officer

Tara Hedgepeth

Main Address

3501 E Independence Blvd, Charlotte, NC, 28205

NTEE Category

Code: P20 - Human services

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