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Family Values Resource Institue Inc

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

EIN: 721415039 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is Family Values Resource Institue Inc?

Family Values Resource Institute Inc, based in Baton Rouge, Louisiana, is a nonprofit organization with a mission to address the needs of underserved communities. Their services extend to all females and their families, offering resources such as free pregnancy testing, HIV testing, and ongoing family support. With a dedicated workforce of eight individuals, the institute aims to cater to various requirements within these communities, ensuring they have access to essential support and care.


Official website here: www.family-values.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57%, One-Star out of Four Star rating.

Family Values Resource Institute Inc has received a low overall score of 57% from Charity Navigator, indicating significant concerns regarding its financial management and accountability. While the organization excels in governance features such as having a fully independent board and policies in place to manage conflicts of interest and whistleblower protections, its performance in financial metrics is concerning.

The charity's program expense ratio stands at 46.38%, suggesting that less than half of its expenditures are directed towards its programs, which raises questions about its efficiency in utilizing funds for mission-related activities. Additionally, the organization has a liabilities to assets ratio of 33.06%, which may indicate potential financial instability. Furthermore, the absence of the tax form on its website limits transparency and accountability, contributing to its overall low rating.

Despite these issues, the presence of a strong governance structure is a positive aspect that could help the organization make improvements in the future. However, for potential donors and supporters, the current financial management concerns warrant careful consideration before contributing to Family Values Resource Institute Inc.


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

Is Family Values Resource Institue Inc legitimate?

Family Values Resource Institue Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Values Resource Institue 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: $5,616

For more financial information, click here


Official website here: www.family-values.org

What is the mission statement of Family Values Resource Institue Inc?

The Family Values Resource Institute Inc exists with the primary objective of addressing the diverse needs of underserved communities. Specifically, they offer essential services to women and their families. Among these services are free pregnancy tests, HIV testing, and ongoing family support. The institute's mission is centered around meeting the needs of underserved communities, thereby aiming to improve the lives of those in need.


Official website here: www.family-values.org

Who is the CEO of Family Values Resource Institue Inc?

Michael E Lavespere is the President of Family Values Resource Institue Inc.


Official website here: www.family-values.org

What is the revenue of Family Values Resource Institue Inc?

Family Values Resource Institue Inc's revenue in 2022 was $168,608.


Official website here: www.family-values.org

Who are the executives of Family Values Resource Institue Inc and what are their salaries?

The average compensation at Family Values Resource Institue Inc during 2022 was $702. There are 8 employees at Family Values Resource Institue Inc.


Here are 7 key members and their salaries:


Gerarld Porch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John L Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Ross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara J Thomas (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Lavespere (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Lynn Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles R Thomas Ii (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.family-values.org

Where can I find the form 990 for Family Values Resource Institue Inc?

Family Values Resource Institue Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.family-values.org

Learn more at the official website: www.family-values.org

Mission Statement of Family Values Resource Institue Inc

Family Values Resource Institute exists with a mission to cater to the diverse needs of underserved communities. This organization, known as Family Values Resource Institute Inc., is committed to providing essential services to all females and their families. One of their key initiatives involves offering free pregnancy testing and HIV testing, ensuring that individuals in need have access to vital health information. Moreover, Family Values Resource Institute Inc. extends its support beyond these services, offering ongoing family assistance to those in need.

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Impact




October, 2024

Family Values Resource Institute Inc significantly impacts underserved communities through its dedicated services aimed at addressing various needs. The organization’s efforts are particularly focused on women and families, providing essential resources that enhance their well-being.

One of the key services offered is through The Women's Help Center, where individuals can access free pregnancy testing and HIV testing, which are vital for early intervention and health management. Additionally, the ongoing family support offered fosters a nurturing environment, ensuring that families receive the guidance and resources necessary to thrive.

By prioritizing education and health resources, Family Values Resource Institute plays a crucial role in uplifting and empowering families in Baton Rouge, LA, helping them navigate challenges and improve their quality of life.




This information is meant to be a general summary of Family Values Resource Institue 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
$168,608 (2022)
Expenses
$120,903 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $78,369
  • Gross Receipts: $329,190

Assets and Liabilities:

  • Total Assets: $351,044
  • Total Liabilities: $116,083
  • Net Assets: $234,961

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Organization Details

Founding Year

1998

Principal Officer

Michael E Lavespere

Main Address

POST OFFICE BOX 74403, BATON ROUGE, LA, 70874

NTEE Category

Code: B99 - Education

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