Overview
What is Family Alternatives Inc?
Family Alternatives Inc, located in Atlanta, Georgia, operates as a Type II supporting organization. Its primary role is to aid and bolster public charities that specialize in healthcare provision or affordable housing development, which fall under its control. This nonprofit organization, with its address at 3350 Riverwood Parkway 100 Bldg 8, Atlanta, GA 30339, amended its governing documents in July 2016 to assume this role.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Family Alternatives Inc has demonstrated a strong commitment to accountability and financial management, earning a Four-Star rating based on its impressive score of 94%. This rating reflects the organization’s effective governance, including a majority-independent board and no material diversion of assets, which speaks to its integrity and transparency.
Strengths highlighted in the evaluation include a high program expense ratio of 80.95%, ensuring that the majority of funds are directed toward the organization's programs rather than administrative costs. Additionally, the charity has robust policies in place, such as conflict of interest and whistleblower protections, contributing to a well-structured and trustworthy organization.
Overall, Family Alternatives Inc exhibits a solid financial standing with a 0.00% liabilities to assets ratio, indicating it operates without debt. These strengths build confidence among donors and stakeholders, although specific program outcomes and impacts were not assessed in this rating.
This AI summary has been generated from information found on Charity Navigator.
Is Family Alternatives Inc legitimate?
Family Alternatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Alternatives 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: $0
For more financial information, click here
What is the mission statement of Family Alternatives Inc?
Family Alternatives Inc is committed to supporting public charities that operate in the healthcare sector or provide affordable housing. Their mission, as outlined in their governing documents, is to back organizations that fall under their control and operate as healthcare providers, operators, or developers of affordable housing. Following a change in July 2016, Family Alternatives Inc was formally classified as a Type II supporting organization, dedicated to aiding such charitable entities.
Who is the CEO of Family Alternatives Inc?
Nathan Farmer is the Ceo/Director of Family Alternatives Inc. The CEO's salary of Family Alternatives Inc is $0 and their total compensation is $978,831.
What is the revenue of Family Alternatives Inc?
Family Alternatives Inc's revenue in 2022 was $44,700.
Who are the executives of Family Alternatives Inc and what are their salaries?
Here are 14 key members and their salaries (Family Alternatives Inc's CEO's salary is $0 and their total compensation is $978,831):
- Compensation: $0
- Related: $937,322
- Other: $41,509
- Compensation: $0
- Related: $38,086
- Other: $0
- Compensation: $0
- Related: $37,748
- Other: $0
- Compensation: $0
- Related: $37,259
- Other: $0
- Compensation: $0
- Related: $35,098
- Other: $0
- Compensation: $0
- Related: $51,760
- Other: $0
- Compensation: $0
- Related: $348,612
- Other: $50,731
- Compensation: $0
- Related: $37,084
- Other: $0
- Compensation: $0
- Related: $706,598
- Other: $85,649
- Compensation: $0
- Related: $15,800
- Other: $0
- Compensation: $0
- Related: $112,500
- Other: $33,056
- Compensation: $0
- Related: $113,750
- Other: $29,172
- Compensation: $0
- Related: $240,500
- Other: $27,429
- Compensation: $0
- Related: $234,167
- Other: $46,823
Where can I find the form 990 for Family Alternatives Inc?
Family Alternatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Family Alternatives Inc
Family Alternatives Inc, as a supporting organization, is dedicated to advocating for and aiding public charities that operate in the fields of healthcare provision and affordable housing development. The organization's mission is to lend its support to these healthcare providers and housing operators, ensuring they can continue their vital work in serving the community. By acting as a supportive entity, Family Alternatives Inc aims to strengthen these organizations and empower them to deliver essential services to those in need. In July 2016, Family Alternatives Inc underwent a significant transformation, converting its governing documents to become a Type II supporting organization. This change further solidified its commitment to supporting charitable entities and enhancing their capacity to make a positive impact in the community.
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Impact
October, 2024
Family Alternatives Inc plays a vital role in enhancing access to healthcare and affordable housing in Atlanta, GA, by providing essential support to public charities. Its mission focuses on empowering healthcare providers and developers of affordable housing, ensuring that these organizations have the resources they need to serve their communities effectively. By acting as a Type II supporting organization, Family Alternatives Inc fosters collaboration among charities, leveraging shared goals for greater impact in human services. This strategic approach not only strengthens the ability of these charities to deliver vital services but also contributes to the overall well-being of vulnerable populations in the region. Through its efforts, the organization helps to bridge gaps in healthcare and housing, promoting a healthier and more stable community environment.
This information is meant to be a general summary of Family Alternatives 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.
- Gross Receipts: $44,700
Assets and Liabilities:
- Total Assets: $165,124
- Total Liabilities: $0
- Net Assets: $165,124
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Organization Details
Founding Year
1982
Phone
(404) 364-2937Principal Officer
Nathan Farmer
Main Address
3350 RIVERWOOD PARKWAY 100 BLDG 8, ATLANTA, GA, 30339
NTEE Category
Code: P73 - Human services
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