Overview
What is Frankfort Resource Office For Social Ministries?
Frankfort Resource Office For Social Ministries is a nonprofit organization situated in Frankfort, Kentucky. With a modest workforce of four individuals, their primary mission is to collaborate with local agencies and churches in addressing the urgent need for housing assistance. They provide emergency aid to individuals and families who do not qualify for other types of assistance, offering vital assistance such as payment for rent, mortgage, utilities, and medical expenses. Their services aim to alleviate the immediate financial burdens that these individuals and families may face.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Frankfort Resource Office for Social Ministries has received a solid 80% rating from Charity Navigator, indicating a strong performance in accountability and finance. The overall score is based entirely on this single beacon, which highlights the organization's commitment to transparency and effective financial management.
Notably, the organization boasts a majority independent board, with 88% of its members being independent, which is a positive sign of governance. Additionally, the charity has no material diversion of assets, an impressive liabilities to assets ratio of 0.43%, and a high program expense ratio of 92.24%, signifying that a significant portion of its resources is directed towards its programs.
While the financial metrics are commendable, there are no specific limitations or concerns mentioned in the data. Overall, the Frankfort Resource Office for Social Ministries appears to be effectively managed and dedicated to its mission, which is reflected in its high accountability score.
This AI summary has been generated from information found on Charity Navigator.
Is Frankfort Resource Office For Social Ministries legitimate?
Frankfort Resource Office For Social Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frankfort Resource Office For Social Ministries 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:
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Other Salaries and Wages: $53,874
For more financial information, click here
What is the mission statement of Frankfort Resource Office For Social Ministries?
The Frankfort Resource Office for Social Ministries, as a mission, offers emergency aid to individuals and families who are not eligible for other forms of assistance. This aid encompasses essential expenses such as rent, mortgage payments, utility bills, and medication costs. The organization works in collaboration with agencies and churches to address the urgent housing needs of those in need. Their primary goal is to alleviate the emergency situations faced by these individuals and families, thereby providing them with a temporary respite and helping them navigate through challenging times.
Who is the CEO of Frankfort Resource Office For Social Ministries?
Unavailable
What is the revenue of Frankfort Resource Office For Social Ministries?
Frankfort Resource Office For Social Ministries's revenue in 2023 was $187,066.
Who are the executives of Frankfort Resource Office For Social Ministries and what are their salaries?
The average compensation at Frankfort Resource Office For Social Ministries during 2023 was $13,468. There are 4 employees at Frankfort Resource Office For Social Ministries.
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Where can I find the form 990 for Frankfort Resource Office For Social Ministries?
Frankfort Resource Office For Social Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Frankfort Resource Office For Social Ministries
The Frankfort Resource Office for Social Ministries is a dedicated organization that extends emergency aid to individuals and families who do not meet the criteria for other forms of assistance. In line with its mission, the office offers financial support in the form of rent, mortgage, utility bill payments, and medication expenses. By collaborating with various agencies and churches, the Frankfort Resource Office for Social Ministries works diligently to address the urgent housing needs of those in need.
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Impact
October, 2024
Frankfort Resource Office For Social Ministries has a significant impact on the community by offering essential emergency assistance to individuals and families who fall through the cracks of other support systems. Their work focuses on providing crucial support such as payment for rent, mortgage, utilities, and medicine, ensuring that those in dire need have access to basic necessities.
By collaborating with various agencies and churches, they create a network of support that addresses immediate housing needs, helping to stabilize families and prevent homelessness. This approach not only alleviates short-term crises but also fosters long-term stability for vulnerable community members, enhancing their overall quality of life in Frankfort, Kentucky. The office serves as a critical resource for those who otherwise may not qualify for assistance, emphasizing compassion and community care in times of hardship.
This information is meant to be a general summary of Frankfort Resource Office For Social Ministries. 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: $1,591
- Gross Receipts: $187,066
Assets and Liabilities:
- Total Assets: $190,729
- Total Liabilities: $839
- Net Assets: $189,890
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Organization Details
Founding Year
1982
Phone
(502) 875-4062Main Address
PO BOX 302, FRANKFORT, KY, 40602
NTEE Category
Code: P20C - Human services
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