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Friends Of Youth Services And Palm Beach County Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 650449910 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Youth Services And Palm Beach County Inc?

Friends of Youth Services and Palm Beach County Inc is a nonprofit organization situated in West Palm Beach, Florida. Their primary mission is to cater to the health and social service needs of underprivileged children within the community. Through various programs, they aim to provide essential support and assistance to these children, contributing positively to their well-being.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 79%, Three-Star out of Four Star rating.

Friends Of Youth Services And Palm Beach County Inc demonstrates strong accountability and finance practices, evident from their perfect scores in several areas, including independent board member composition and financial oversight. With an overall score of 79%, the organization shows a commitment to maintaining transparency and responsible management of resources, which is reassuring for potential donors.

However, the nonprofit has significant weaknesses in fundraising efficiency and working capital ratios. The low fundraising efficiency score indicates that a high proportion of funds raised is not being maximized for program services, which may raise concerns about the sustainability of their funding strategies. Additionally, the working capital ratio suggests potential liquidity issues that could affect their ability to meet short-term obligations.

Overall, while Friends Of Youth Services and Palm Beach County Inc has a solid foundation in governance and accountability, there are important areas for improvement, particularly in fundraising and financial health, that stakeholders should consider.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Youth Services And Palm Beach County Inc legitimate?

Friends Of Youth Services And Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Youth Services And Palm Beach County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of Youth Services And Palm Beach County Inc?

Friends of Youth Services and Palm Beach County Inc is dedicated to addressing the health and social service needs of underprivileged children within their community. Through various programs, they strive to make a positive impact in the lives of these children, offering support and resources to help them thrive. The organization's mission is to serve as a beacon of hope and assistance for these children, ensuring they have access to the necessary care and resources they need to flourish.

Who is the CEO of Friends Of Youth Services And Palm Beach County Inc?

Tara Finnigan is the President of Friends Of Youth Services And Palm Beach County Inc.

What is the revenue of Friends Of Youth Services And Palm Beach County Inc?

Friends Of Youth Services And Palm Beach County Inc's revenue in 2022 was $3,978,931.

Who are the executives of Friends Of Youth Services And Palm Beach County Inc and what are their salaries?

There 10 volunteers at Friends Of Youth Services And Palm Beach County Inc.


Here are 5 key members and their salaries:


Tara Finnigan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rowena Albury (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Christie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Selma Verse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Peters (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Youth Services And Palm Beach County Inc?

Friends Of Youth Services And Palm Beach County Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of Youth Services And Palm Beach County Inc

Friends of Youth Services and Palm Beach County is a nonprofit organization dedicated to addressing the health and social service needs of vulnerable children in the community. Their mission is to support this population through various programs based in West Palm Beach, Florida. By offering these initiatives, the organization aims to make a positive impact on the lives of needy children within their community.

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Impact




July, 2024

Friends Of Youth Services And Palm Beach County Inc's impact is significant in addressing the health and social service needs of needy children in West Palm Beach, FL. Through their various programs, they provide crucial support to vulnerable youth in the community. Their mission to serve these children through targeted interventions and services demonstrates their commitment to improving the well-being of those in need. This organization plays a vital role in enhancing the lives of children facing challenges by offering essential assistance and care.




This information is meant to be a general summary of Friends Of Youth Services And Palm Beach County 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.

Revenue
$3,978,931 (2022)
Expenses
$3,842,267 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $75
  • Gross Receipts: $3,978,931

Assets and Liabilities:

  • Total Assets: $761,418
  • Total Liabilities: $4,226
  • Net Assets: $757,192

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Organization Details

Founding Year

1992

Principal Officer

Tara Finnigan

Main Address

50 S Military Tr Ste 203, West Palm Beach, FL, 33415

NTEE Category

Code: E70Z - Health

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