Overview
What is Fayette Cares Inc?
Fayette Cares Inc, situated in Somerville, Tennessee, is a nonprofit organization that strives to empower individuals facing challenges related to homelessness, domestic violence, and financial crises. They offer a comprehensive range of services, including emergency shelter, food, clothing, and financial assistance, to help those in need achieve independence and long-term solutions. With a dedicated workforce of 17 individuals, Fayette Cares Inc provides direct assistance to support their mission of hope and lasting solutions, serving a total of 1005 individuals during the fiscal year ending August 31, 2023.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Fayette Cares Inc has achieved a strong four-star rating from Charity Navigator, reflecting its high standards in accountability and finance. The rating is based on an impressive 94% score, indicating the organization operates with transparency and integrity, which is essential for donor confidence and effective operational management.
The organization is noted for its excellent governance, boasting a fully independent board with no conflicts of interest and comprehensive policies in place, such as a whistleblower policy and document retention protocol. Additionally, it has a very favorable financial standing, with a program expense ratio of 86.32%, ensuring that a significant portion of funds goes directly to its programs.
While the data does not highlight any specific limitations or concerns, the emphasis on accountability and finance suggests that Fayette Cares Inc is committed to maintaining its robust operational framework. Overall, this rating positions the organization as a reliable choice for donors looking to support a nonprofit with ethical practices and effective program implementation.
This AI summary has been generated from information found on Charity Navigator.
Is Fayette Cares Inc legitimate?
Fayette Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayette Cares 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: $114,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,622
For more financial information, click here
What is the mission statement of Fayette Cares Inc?
Fayette Cares Inc's mission is centered around empowering individuals who are facing challenges such as homelessness, domestic violence, and financial crises. Their goal is to provide direct assistance to help these individuals regain hope, independence, and establish lasting solutions. Their activities include offering emergency shelter, food, clothing, and intervention services for domestic violence. They also provide assistance to prevent and intervene in homelessness situations, offering both shelter and financial aid.
Who is the CEO of Fayette Cares Inc?
Pamela D Rose is the Executive Director of Fayette Cares Inc.
What is the revenue of Fayette Cares Inc?
Fayette Cares Inc's revenue in 2023 was $787,506.
Who are the executives of Fayette Cares Inc and what are their salaries?
The average compensation at Fayette Cares Inc during 2023 was $19,298. There are 17 employees and 210 volunteers at Fayette Cares Inc.
Here are 10 key members and their salaries:
- Compensation: $56,690
- Related: $0
- Other: $0
- Compensation: $57,757
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fayette Cares Inc?
Fayette Cares Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fayette Cares Inc
Fayette Cares Inc, a nonprofit organization, is dedicated to providing empowerment, hope, and lasting solutions to individuals facing challenges such as homelessness, domestic violence, and financial crises. Their mission is to directly assist these individuals, offering resources and interventions to help them regain their independence.
The organization's activities are focused on addressing these critical issues. They offer emergency shelter, food, and clothing to those in need. Additionally, Fayette Cares Inc provides domestic violence intervention and homelessness prevention and intervention services, including financial assistance. By doing so, they aim to not only provide immediate relief but also help individuals overcome their challenges and rebuild their lives.
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Impact
July, 2024
Fayette Cares Inc is making a significant impact by empowering individuals in need with hope, independence, and lasting solutions. In the fiscal year ending on August 31, 2023, the organization provided direct assistance to 1005 individuals facing homelessness, domestic violence, and financial crises. Services included emergency shelter, food, clothing, domestic violence intervention, and homelessness prevention and intervention, which encompassed shelter and financial assistance. This impactful work is carried out in SOMERVILLE, TN, and falls under the tag of "Human services."
This information is meant to be a general summary of Fayette Cares 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 2023.
- Investment Income: $2,552
- Gross Receipts: $899,055
Assets and Liabilities:
- Total Assets: $1,608,529
- Total Liabilities: $17,396
- Net Assets: $1,591,133
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Organization Details
Founding Year
1986
Phone
(901) 465-3802Principal Officer
Pamela D Rose
Main Address
PO Box 326, Somerville, TN, 38068
NTEE Category
Code: P60Z - Human services
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