Overview
What is Tuscaloosa Family Resource Center Inc?
Tuscaloosa Family Resource Center Inc is a nonprofit organization committed to uplifting families. Their mission is to provide support services that foster personal growth and self-sufficiency. By offering resources and skill development opportunities, they aim to enhance the quality of life for families, equip their children to thrive in a competitive society, and empower each individual to unlock their full potential. Their services extend beyond the family unit, preparing children for success in their future endeavors. The organization's activities are centered around empowering families, fostering a sense of self-sufficiency, and creating a supportive environment for personal growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Tuscaloosa Family Resource Center Inc has achieved a 79% score on Charity Navigator, which translates to a Three-Star rating. This rating underscores the organization’s strong performance in accountability and finance, as the overall score is derived solely from this beacon. The charity excels in various aspects, particularly with a fully independent board and a high program expense ratio, indicating effective allocation of funds towards its mission.
The organization holds a 100% score for having a majority of independent board members and demonstrates robust financial oversight with their audit and oversight committee. Additionally, it has implemented important governance policies, such as conflict of interest and whistleblower policies, which promote transparency and ethical practices within the organization.
However, the charity received a lower score for its liabilities to assets ratio, which could suggest potential financial risks. While the overall financial health is solid, this aspect may require further attention to ensure sustainable operations in the long term. Overall, Tuscaloosa Family Resource Center Inc appears to be a responsible entity focused on delivering value to its community.
This AI summary has been generated from information found on Charity Navigator.
Is Tuscaloosa Family Resource Center Inc legitimate?
Tuscaloosa Family Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tuscaloosa Family Resource Center 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:
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Other Salaries and Wages: $2,395,648
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What is the mission statement of Tuscaloosa Family Resource Center Inc?
The Tuscaloosa Family Resource Center Inc's mission is centered around empowering families. They achieve this by providing support services that help families enhance their quality of life, equip their children with the necessary skills for success in a competitive society, and encourage self-sufficiency, enabling each family member to realize their full potential. This organization's activities aim to improve the overall well-being of families and prepare their children for future success.
Who is the CEO of Tuscaloosa Family Resource Center Inc?
Kevin Besnoy is the Director of Tuscaloosa Family Resource Center Inc.
What is the revenue of Tuscaloosa Family Resource Center Inc?
Tuscaloosa Family Resource Center Inc's revenue in 2022 was $4,215,007.
Who are the executives of Tuscaloosa Family Resource Center Inc and what are their salaries?
The average compensation at Tuscaloosa Family Resource Center Inc during 2022 was $9,214. There are 260 employees at Tuscaloosa Family Resource Center Inc.
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Where can I find the form 990 for Tuscaloosa Family Resource Center Inc?
Tuscaloosa Family Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tuscaloosa Family Resource Center Inc
Tuscaloosa Family Resource Center Inc is committed to empowering families by offering support services that foster personal growth and self-sufficiency. This nonprofit organization aims to enhance the quality of life for families, equipping them with necessary skills and resources. It also prepares children for success in a competitive society, helping them thrive in various aspects of life. Tuscaloosa Family Resource Center Inc believes in allowing each individual within these families to realize their full potential, fostering an environment that nurtures personal development and growth.
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Impact
July, 2024
The Tuscaloosa Family Resource Center Inc plays a crucial role in empowering families by providing support services that help improve their quality of life. By developing skills and resources, the organization prepares children for success in a competitive society and enables individuals to realize their potential for self-sufficiency. Through their dedicated efforts in human services, the center positively impacts families in Tuscaloosa by creating opportunities for growth, development, and self-improvement.
This information is meant to be a general summary of Tuscaloosa Family Resource Center 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.
- Investment Income: -$92,119
- Gross Receipts: $4,355,110
Assets and Liabilities:
- Total Assets: $2,523,428
- Total Liabilities: $1,721,042
- Net Assets: $802,386
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Organization Details
Founding Year
1998
Phone
(205) 462-1000Principal Officer
Kevin Besnoy
Main Address
PO BOX 40764, TUSCALOOSA, AL, 35404
NTEE Category
Code: P20 - Human services
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