Overview
What is Family Resource Agency Inc?
Family Resource Agency Inc is a nonprofit organization dedicated to uplifting families, children, and adults. Their mission is to enhance their quality of life and empower them to become self-sufficient, contributing members of the community. Through their efforts, they aim to foster personal growth and productivity, ultimately bettering the lives of those they serve.
Official website here: www.fratn.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Family Resource Agency Inc has garnered an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and finance practices. The organization excels in maintaining a majority independent board and has demonstrated compliance with auditing standards. While the overall rating is robust, it primarily hinges on financial metrics, and the lack of evaluation in leadership, community, and impact categories may indicate limited insight into broader organizational effectiveness.
Strengths include a solid financial position, highlighted by a high percentage of program expenses relative to total expenses, showcasing efficient use of donor funds. The organization adheres to necessary governance policies, bolstered by effective oversight mechanisms. However, key information, such as the organization’s tax form on its website, is missing, which may hinder transparency and public trust.
Currently, there are no user reviews available from GreatNonprofits, leaving a comprehensive assessment of community perception and sentiment unreported. Overall, while Family Resource Agency Inc demonstrates financial strength and good governance practices, potential areas for improvement include transparency and evaluation of organizational leadership and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Family Resource Agency Inc legitimate?
Family Resource Agency Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Resource Agency 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: $154,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,365,703
For more financial information, click here
Official website here: www.fratn.com
What is the mission statement of Family Resource Agency Inc?
The Family Resource Agency Inc's mission is focused on enhancing the lives of families, children, and adults. Their primary objective is to help these individuals improve their quality of life and become more self-sufficient and productive members of their communities. This is achieved through various services offered by the agency. The goal is not just to provide aid, but to empower individuals to become active contributors to their community.
Official website here: www.fratn.com
Who is the CEO of Family Resource Agency Inc?
Paula Bacon is the Ceo of Family Resource Agency Inc. The CEO's salary of Family Resource Agency Inc is $78,067 and their total compensation is $164,110.
Official website here: www.fratn.com
What is the revenue of Family Resource Agency Inc?
Family Resource Agency Inc's revenue in 2022 was $9,293,392.
Official website here: www.fratn.com
Who are the executives of Family Resource Agency Inc and what are their salaries?
The average compensation at Family Resource Agency Inc during 2022 was $19,644. There are 281 employees and 27 volunteers at Family Resource Agency Inc.
Here are 22 key members and their salaries (Family Resource Agency Inc's CEO's salary is $78,067 and their total compensation is $164,110):
- Compensation: $78,067
- Related: $78,067
- Other: $7,976
- Compensation: $76,250
- Related: $76,250
- Other: $7,758
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Official website here: www.fratn.com
Where can I find the form 990 for Family Resource Agency Inc?
Family Resource Agency Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fratn.com
Learn more at the official website: www.fratn.com
Mission Statement of Family Resource Agency Inc
Family Resource Agency Inc, a nonprofit organization, is dedicated to serving families, children, and adults by enhancing their quality of life and fostering self-sufficiency and productivity. Their mission is to help these individuals become more integrated members of their community. By providing necessary resources and support, Family Resource Agency Inc aims to empower its beneficiaries to lead fulfilling lives and contribute positively to their communities.
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Impact
July, 2024
Family Resource Agency Inc's impact is seen in the tangible improvements it brings to families, children, and adults in Cleveland, TN. By focusing on enhancing their quality of life and empowering them to be self-sufficient and active contributors to their community, the agency plays a crucial role in building a stronger, more resilient local society. Through its human services programs and initiatives, Family Resource Agency Inc is instrumental in creating positive change and fostering a sense of unity and support among individuals and families in need.
This information is meant to be a general summary of Family Resource Agency 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.
- Program Service Revenue: $24,326
- Gross Receipts: $9,310,124
Assets and Liabilities:
- Total Assets: $3,123,531
- Total Liabilities: $1,384,174
- Net Assets: $1,739,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLYTHE FEES
Revenue
$24,326
Organization Details
Founding Year
1972
Phone
(423) 479-9339Principal Officer
Paula Bacon
Main Address
3680 MICHIGAN AVE NE, CLEVELAND, TN, 37323
Website
www.fratn.comNTEE Category
Code: P20Z - Human services
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