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With Friends Inc

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

EIN: 561738637 ✦ Gastonia, NC ✦ Designated as a 501(c)(3)

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Overview

What is With Friends Inc?

With Friends Inc is a nonprofit organization located at 2098 Keith Drive, Gastonia, NC 28054. Their primary mission is to provide a safe and supportive environment for neglected, abused, troubled, and "at-risk" or runaway children and youth. They offer shelter, safety, education, and counseling to these individuals until they are ready to reintegrate into society. Throughout the year, they accommodate children from local and surrounding counties, as requested by local government agencies, for temporary periods. During this time, the shelter personnel ensure the children's basic needs, such as food and clothing, are met, and may collaborate with social service agencies to facilitate the reunification of the children with their parents. With a workforce of approximately 10 employees, With Friends Inc strives to make a positive impact on the lives of vulnerable children.


Official website here: www.info@withfriends.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 73% (Two-Star out of Four Star rating)

With Friends Inc has received a rating of "Needs Improvement" from Charity Navigator, indicating that while the organization excels in certain areas, there are significant gaps that need attention. Notably, the organization boasts a perfect accountability and finance score of 100%, which suggests strong governance practices and a commitment to transparency within its financial operations.

The nonprofit demonstrates a well-structured board, with 100% independent members and effective governance policies like conflict of interest guidelines. However, critical documents, including the whistleblower policy and a document retention strategy, are missing, which raises concerns about the organization's overall operational transparency. Furthermore, financial statements have not been provided, impacting the organization's overall score despite its high program expense ratio of 93.33%, showing a strong commitment to its mission-related activities.

Overall, while With Friends Inc holds a solid position in accountability and financial management, it is essential for the organization to address the lack of key governance documents and improve transparency by making financial statements accessible. Addressing these limitations could enhance its credibility and foster greater trust among stakeholders.


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

Is With Friends Inc legitimate?

With Friends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. With Friends 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: $54,941
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,915

For more financial information, click here


Official website here: www.info@withfriends.com

What is the mission statement of With Friends Inc?

With Friends Inc is an organization dedicated to providing a safe haven for neglected, abused, troubled, and at-risk children and youth. Their mission is to offer shelter, safety, education, and counseling to these children until they are ready to reintegrate into society. The shelter accommodates youth from local and surrounding counties, as requested by local government agencies, for temporary periods of time. During their stay, the children are fed, taught, and provided with counseling. In some instances, social service agencies work with the parents to facilitate their reunion.


Official website here: www.info@withfriends.com

Who is the CEO of With Friends Inc?

Caroline Looney is the Executive Di of With Friends Inc.


Official website here: www.info@withfriends.com

What is the revenue of With Friends Inc?

With Friends Inc's revenue in 2022 was $723,761.


Official website here: www.info@withfriends.com

Who are the executives of With Friends Inc and what are their salaries?

The average compensation at With Friends Inc during 2022 was $32,186. There are 10 employees and 2 volunteers at With Friends Inc.


Here are 9 key members and their salaries:


Caroline Looney (Executive Di)
  • Compensation: $54,941
  • Related: $0
  • Other: $0
Tuga Adams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hoyle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Lafrancis (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Matthews (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Nixon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Sims (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend Greg Floyd (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Houser (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.info@withfriends.com

Where can I find the form 990 for With Friends Inc?

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


Official website here: www.info@withfriends.com

Learn more at the official website: www.info@withfriends.com

Mission Statement of With Friends Inc

With Friends Inc is a shelter dedicated to providing a safe and nurturing environment for neglected, abused, troubled, and at-risk or runaway children and youth. Their mission is to offer these young individuals shelter, safety, education, and counseling until they are ready to reintegrate into society. The organization accepts youth from local and surrounding counties, housing them temporarily as requested by local government agencies. During their stay, the shelter personnel ensure the children's basic needs are met by providing them with food, teaching, and counseling. In some cases, social service agencies work with the parents to facilitate their reunion. With Friends Inc plays a vital role in offering a sanctuary and support system to these vulnerable children, helping them overcome their challenges and prepare for a brighter future.

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Impact




July, 2024

With Friends Inc has a significant impact on the community by providing a shelter for neglected, abused, troubled, and at-risk or runaway children and youth. The organization offers these vulnerable individuals safety, education, counseling, and support until they are ready to reintegrate into society. By working closely with local government agencies and social service organizations, With Friends Inc plays a crucial role in ensuring the well-being and future success of these children. Their dedicated efforts serve to protect and empower those who are most in need within the community.




This information is meant to be a general summary of With Friends 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
$723,761 (2022)
Expenses
$666,390 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$396
  • Gross Receipts: $723,761

Assets and Liabilities:

  • Total Assets: $2,411,572
  • Total Liabilities: $635,499
  • Net Assets: $1,776,073

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Organization Details

Founding Year

1991

Principal Officer

Caroline Looney

Main Address

2098 KEITH DRIVE, GASTONIA, NC, 28054

NTEE Category

Code: P300 - Human services

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