Overview
What is Family Promise Of Summit County Inc?
Family Promise of Summit County Inc, located in Akron, Ohio, is a nonprofit organization with a mission to assist homeless families with children. Their family day center provides a supportive environment for family members who are not in school or employed. Social workers collaborate with these families to secure housing and address other necessities. By offering this service, Family Promise of Summit County helps families maintain unity and work towards sustainable independence. With a modest team of four employees, they strive to make a significant impact in their community.
Official website here: www.familypromisesc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Family Promise of Summit County Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 100% for its independent board membership and has no material diversion of assets, indicating responsible management and governance practices. The charity's adherence to transparency is evident with policies in place for conflicts of interest, whistleblower protections, and proper document retention.
The fiscal health of Family Promise is notable, with a program expense ratio of 78.55%, demonstrating that a significant portion of its funds directly supports its mission. Additionally, the low liabilities to assets ratio of 3.10% suggests a sound financial standing, which is crucial for long-term sustainability.
While the overall score is derived exclusively from financial accountability metrics, it underscores the organization's commitment to maintaining high standards in its operations. However, potential donors might want to look for further information on the impact of its programs and services to gain a comprehensive understanding of its effectiveness in addressing community needs.
This AI summary has been generated from information found on Charity Navigator.
Is Family Promise Of Summit County Inc legitimate?
Family Promise Of Summit County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of Summit 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: $66,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,322
For more financial information, click here
Official website here: www.familypromisesc.org
What is the mission statement of Family Promise Of Summit County Inc?
Family Promise of Summit County Inc is committed to assisting homeless families with children, enabling them to stay together and work towards sustainable independence. Their mission is achieved through providing a family day center facility, where non-schooling or non-employed family members can access support. These family members collaborate with social workers, who help them secure permanent housing and fulfill other essential needs. The organization's primary goal is to empower these families to regain self-sufficiency and improve their overall living situation.
Official website here: www.familypromisesc.org
What is the revenue of Family Promise Of Summit County Inc?
Family Promise Of Summit County Inc's revenue in 2023 was $537,592.
Official website here: www.familypromisesc.org
Who are the executives of Family Promise Of Summit County Inc and what are their salaries?
The average compensation at Family Promise Of Summit County Inc during 2023 was $48,439. There are 5 employees at Family Promise Of Summit County Inc.
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Official website here: www.familypromisesc.org
Where can I find the form 990 for Family Promise Of Summit County Inc?
Family Promise Of Summit County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.familypromisesc.org
Learn more at the official website: www.familypromisesc.org
Mission Statement of Family Promise Of Summit County Inc
Family Promise of Summit County is a dedicated organization that works towards assisting homeless families with children in maintaining their unity and striving for sustainable independence. Their primary mission is to provide a supportive environment and resources that enable these families to overcome their current circumstances and secure a stable future.
At the heart of Family Promise of Summit County's operations is a Family Day Center facility, which serves as a hub for family members who are either out of school or employment. Within this center, family members collaborate with social workers to address critical needs, such as securing housing, ensuring essential services, and addressing any other challenges they may be facing. By working together, these families can take significant steps towards achieving self-sufficiency and a more promising future.
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Impact
July, 2024
Family Promise Of Summit County Inc's impact is profound in helping homeless families with children stay together and achieve sustainable independence. By providing a family day center facility where family members can work with social workers to secure housing and fulfill other needs, they are actively contributing to strengthening families and creating a pathway towards stability and self-sufficiency. Their work is essential in supporting vulnerable families and ensuring they have the resources and guidance needed to overcome homelessness and build a better future.
This information is meant to be a general summary of Family Promise Of Summit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $64
- Gross Receipts: $537,592
Assets and Liabilities:
- Total Assets: $890,281
- Total Liabilities: $2,927
- Net Assets: $887,354
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Organization Details
Founding Year
2003
Principal Officer
Jeff Wilhite
Website
www.familypromisesc.orgNTEE Category
Code: P85 - Human services
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