Overview
What is Southern Foundation For Homeless Children Inc?
Southern Foundation for Homeless Children Inc, situated in Starkville, Mississippi, serves as the sponsor for various child care programs under the supervision of the State of Mississippi's Department of Education. Their primary mission is to offer a supportive and nurturing environment to at-risk school-age children, ensuring they receive nutritious meals through programs like Family Day Care Home, Child Care Food Program, and Summer Feeding Service. With a dedicated team of 15 individuals, they strive to make a difference in the lives of these children by administering these essential services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The Southern Foundation For Homeless Children Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is primarily based on the organization's accountability and finance metrics, which scored 67%. While the charity demonstrates strong board independence and effective financial oversight, the relatively low score in the liabilities to assets ratio could be a concern for potential donors.
The foundation showcases a high percentage of program expenses, with 90.72% of its budget allocated directly to its programs. Additionally, the organization has achieved full points in areas such as independent board member composition and the presence of an audit and oversight committee. These strengths suggest a commitment to transparency and effective governance, which are critical for maintaining donor trust.
However, the significant liabilities to assets ratio of 79.08% raises questions about the organization's financial stability. This aspect could be a limitation for supporters who prioritize long-term sustainability in their charitable contributions. Overall, while the Southern Foundation For Homeless Children Inc has commendable governance practices, potential donors may want to consider the financial ratios before making a contribution.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Foundation For Homeless Children Inc legitimate?
Southern Foundation For Homeless Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Foundation For Homeless Children 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: $530,592
For more financial information, click here
What is the mission statement of Southern Foundation For Homeless Children Inc?
The Southern Foundation For Homeless Children Inc is committed to providing a nurturing and caring environment for at-risk children. This is achieved through their involvement in various programs. They serve as a sponsor to a Family Day Care Home Program, the Child Care Food Program, and the Summer Feeding Service Program, all administered by the State of MS Dept of Education. These programs aim to provide nutritious meals to school-age children who are at risk. The foundation's mission is focused on ensuring these children receive the necessary care and support to help them thrive.
Who is the CEO of Southern Foundation For Homeless Children Inc?
Gwendolyn Gray is the Board President of Southern Foundation For Homeless Children Inc. The CEO's salary of Southern Foundation For Homeless Children Inc is $96,000 and their total compensation is $96,000.
What is the revenue of Southern Foundation For Homeless Children Inc?
Southern Foundation For Homeless Children Inc's revenue in 2022 was $3,075,468.
Who are the executives of Southern Foundation For Homeless Children Inc and what are their salaries?
The average compensation at Southern Foundation For Homeless Children Inc during 2022 was $35,373. There are 15 employees and 5 volunteers at Southern Foundation For Homeless Children Inc.
Here are 5 key members and their salaries (Southern Foundation For Homeless Children Inc's CEO's salary is $96,000 and their total compensation is $96,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $42,000
- Related: $0
- Other: $0
- Compensation: $96,000
- Related: $0
- Other: $0
Where can I find the form 990 for Southern Foundation For Homeless Children Inc?
Southern Foundation For Homeless Children Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southern Foundation For Homeless Children Inc
Southern Foundation for Homeless Children Inc is committed to providing a safe and caring environment for at-risk children. Their mission is centered around nurturing and supporting these vulnerable children, ensuring they receive nutritious meals through various programs. The organization is involved in the administration of the Family Day Care Home Program, Child Care Food Program, and Summer Feeding Service Program, all of which are overseen by the State of MS Dept of Education. Through these initiatives, Southern Foundation for Homeless Children Inc provides nourishing meals to school-age children who are at risk, contributing to their overall well-being and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Southern Foundation For Homeless Children Inc provides a caring and nurturing environment for at-risk children in Starkville, MS. They sponsor programs that offer nutritious meals to school-age children in need through the State of MS Dept of Education. Their mission is to support and improve the community by ensuring that vulnerable children have access to essential resources and services.
This information is meant to be a general summary of Southern Foundation For Homeless Children 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: $3,075,468
Assets and Liabilities:
- Total Assets: $1,520,385
- Total Liabilities: $1,202,334
- Net Assets: $318,051
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1990
Phone
(662) 769-8632Principal Officer
Gwendolyn Gray
Main Address
317 MLK Drive, Starkville, MS, 39759
NTEE Category
Code: S21Z - Community improvement
If you are a representative of Southern Foundation For Homeless Children Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.