Overview
What is Friendship Place Inc?
Friendship Place Inc, situated in Georgetown, SC, is a nonprofit organization that focuses on tackling poverty. Their primary program, Georgetown Works, assists members in securing unskilled job positions. Members collaborate with an employment coach, exploring job opportunities, completing applications, and working towards full-time employment. Moreover, Friendship Place offers the Georgetown Eats Program, providing free meals daily from 11 am to 12 pm, benefiting around 30 individuals each meal. In 2022, the organization served a total of 7,597 meals under this program. Overall, Friendship Place Inc aims to support individuals in need by facilitating employment opportunities and providing essential nourishment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Friendship Place Inc has achieved a Three-Star rating based on its 79% score, which reflects strong accountability and financial management. The organization has demonstrated excellence in governance, with a fully independent board and no material diversion of assets. Their whistleblower and conflict of interest policies are in place, ensuring transparency and integrity in operations.
With a program expense ratio of 79.09%, Friendship Place Inc allocates a significant portion of its resources directly to programs, indicating a commitment to its mission. The liabilities to assets ratio of 24.93% suggests a stable financial position, which is crucial for sustainability and ongoing operations.
While the organization exhibits many strengths in its accountability practices, the overall rating indicates there may still be areas for improvement. Maintaining transparency and continuing to bolster financial health will be essential as they strive for higher ratings in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Place Inc legitimate?
Friendship Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Place 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: $67,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,011
For more financial information, click here
What is the mission statement of Friendship Place Inc?
Friendship Place Inc, through its anti-poverty program named Georgetown Works, focuses on assisting individuals in securing unskilled job positions. The program provides members with comprehensive support, including job research, application assistance, and full-time employment pursuits, all under the guidance of an employment coach. Additionally, Friendship Place offers a free meal service, named Georgetown Eats, serving approximately 30 people daily between 11 am and 12 pm. In 2022, the program served a total of 7,597 meals. Although the mission statement is not explicitly provided, it can be inferred that Friendship Place aims to empower individuals in need, offering resources and support to help them improve their livelihoods and achieve stability.
Who is the CEO of Friendship Place Inc?
Charles Ball is the Executive Director of Friendship Place Inc.
What is the revenue of Friendship Place Inc?
Friendship Place Inc's revenue in 2022 was $675,916.
Who are the executives of Friendship Place Inc and what are their salaries?
The average compensation at Friendship Place Inc during 2022 was $35,177. There are 6 employees and 30 volunteers at Friendship Place Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Friendship Place Inc?
Friendship Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friendship Place Inc
Friendship Place, a notable nonprofit organization, is dedicated to combating poverty through its initiative, Georgetown Works. This program aims to assist individuals in securing unskilled job positions. Members of the program work closely with employment coaches, who provide guidance in researching potential jobs, completing applications, and ultimately pursuing full-time employment. Beyond employment assistance, Friendship Place also offers the Georgetown Eats Program, which provides free meals to around 30 people daily between 11 am and 12 pm. In 2022, this program served a total of 7,597 meals. Through these initiatives, Friendship Place seeks to make a significant impact in the lives of those it serves.
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Impact
July, 2024
Friendship Place Inc's impact can be seen through their anti-poverty program, Georgetown Works, which helps members find unskilled job positions. By working with an employment coach, members are able to research jobs, complete applications, and seek full-time employment. Additionally, their Georgetown Eats Program provides free meals Monday through Friday, serving approximately 30 people per meal. In 2022 alone, the program served 7,597 meals, demonstrating their commitment to addressing food insecurity in the community.
This information is meant to be a general summary of Friendship Place 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: $1,642
- Gross Receipts: $675,916
Assets and Liabilities:
- Total Assets: $1,473,946
- Total Liabilities: $367,512
- Net Assets: $1,106,434
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Organization Details
Founding Year
1999
Phone
(843) 545-1115Principal Officer
Charles Ball
Main Address
1423 Front Street, Georgetown, SC, 29440
NTEE Category
Code: L410 - Housing
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