Overview
What is Frenchtown Neighborhood Improvement Association?
The Frenchtown Neighborhood Improvement Association (FNIA) is a community-oriented nonprofit organization situated in Tallahassee, Florida. With a mission to enhance the quality of life for Frenchtown residents, FNIA engages in resident advocacy, economic development, and neighborhood revitalization programs. They have partnered with various community organizations and the city's redevelopment agency to bolster opportunities and well-being in the Frenchtown neighborhood and its surrounding areas. Notably, FNIA also offers a commercial kitchen space to foster the growth and development of local food service businesses. This dedicated nonprofit employs a team of four individuals, demonstrating its commitment to the betterment of its community.
Official website here: www.thefnia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%)
The Frenchtown Neighborhood Improvement Association has received a two-star rating from Charity Navigator, indicating that there are significant areas needing improvement within the organization. The overall score of 69% reflects a decent program expense ratio of 94.79%, suggesting that a substantial portion of its budget is directed towards its programs. However, the organization has notable gaps in its accountability and financial practices.
Strengths of the association include having a fully independent board and a strong liabilities to assets ratio of 21.72%, which signifies fiscal responsibility. Additionally, there are no reported material diversions of assets, indicating that the organization's resources are likely being utilized appropriately. However, the absence of key financial documents, including financial statements, and missing policies related to conflicts of interest and whistleblowers raises concerns about transparency and governance.
Overall, while the Frenchtown Neighborhood Improvement Association shows promise in its financial management and program implementation, its lack of essential policies and financial disclosures suggests that there is substantial room for enhancing accountability practices. Addressing these shortcomings could improve its rating and further bolster public trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Frenchtown Neighborhood Improvement Association legitimate?
Frenchtown Neighborhood Improvement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frenchtown Neighborhood Improvement Association 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,998
For more financial information, click here
Official website here: www.thefnia.org
What is the mission statement of Frenchtown Neighborhood Improvement Association?
The Frenchtown Neighborhood Improvement Association, being a community-focused non-profit organization, is committed to enhancing the quality of life for its residents. This is achieved through various initiatives, including resident advocacy, economic development, and neighborhood revitalization programs. The organization collaborates with various community organizations and the community redevelopment agency to foster well-being and opportunities in the Frenchtown neighborhood and its surrounding areas. Their mission is to uplift the community, advocate for its needs, and stimulate economic growth, ultimately aiming to improve living standards for the residents.
Official website here: www.thefnia.org
What is the revenue of Frenchtown Neighborhood Improvement Association?
Frenchtown Neighborhood Improvement Association's revenue in 2023 was $741,384.
Official website here: www.thefnia.org
Who are the executives of Frenchtown Neighborhood Improvement Association and what are their salaries?
The average compensation at Frenchtown Neighborhood Improvement Association during 2023 was $26,500. There are 6 employees at Frenchtown Neighborhood Improvement Association.
Here are 5 key members and their salaries:
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thefnia.org
Where can I find the form 990 for Frenchtown Neighborhood Improvement Association?
Frenchtown Neighborhood Improvement Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thefnia.org
Learn more at the official website: www.thefnia.org
Mission Statement of Frenchtown Neighborhood Improvement Association
The Frenchtown Neighborhood Improvement Association, a community-centric non-profit organization, is dedicated to uplifting the living standards of its residents. This mission is achieved through three primary avenues: resident advocacy, economic development, and neighborhood revitalization programs. The organization collaborates with various community partners, including the community redevelopment agency and other local organizations, to bolster the well-being and opportunities available in the Frenchtown neighborhood and its surrounding areas. By embracing these initiatives, the Frenchtown Neighborhood Improvement Association strives to create a more prosperous and vibrant community for its residents.
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Impact
July, 2024
The Frenchtown Neighborhood Improvement Association has made a significant impact in the Frenchtown neighborhood by improving the quality of life for residents. Through their resident advocacy, economic development initiatives, and neighborhood revitalization programs, FNIA has played a key role in enhancing well-being and opportunities for individuals in the community. Their partnership with the community redevelopment agency and other organizations has resulted in tangible improvements and support for local businesses, such as providing a commercial kitchen space that helps food service enterprises thrive. Overall, FNIA's efforts have contributed to the overall development and empowerment of the Frenchtown neighborhood and its residents.
This information is meant to be a general summary of Frenchtown Neighborhood Improvement Association. 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 2023.
- Investment Income: $116
- Program Service Revenue: $550,737
- Gross Receipts: $741,384
Assets and Liabilities:
- Total Assets: $466,991
- Total Liabilities: $119,516
- Net Assets: $347,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care Food Service
Revenue
$466,692
Farmer's Market
Revenue
$901
KitchenShare
Revenue
$83,144
Organization Details
Founding Year
1997
Principal Officer
Cherly Collier Brown
Website
www.thefnia.orgNTEE Category
Code: B99 - Education
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