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Families In Transition Inc

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

EIN: 770327992 ✦ Watsonville, CA ✦ Designated as a 501(c)(3)

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Overview

What is Families In Transition Inc?

Families In Transition Inc, situated in Watsonville, California, is a compassionate nonprofit organization that strives to combat homelessness and aid those at risk in Santa Cruz County. Their mission is to collaborate with local service providers and contribute to a community-wide initiative to eradicate and prevent homelessness. They provide essential services such as rent assistance, food, clothing, educational materials, tools, and toys to those in need. Their primary goal is to support homeless and vulnerable families, offering them social services, housing, and additional aid. With a dedicated team of 19 employees, Families In Transition Inc is committed to making a significant difference in the lives of their community's most vulnerable members.

What are the reviews and ratings of this charity?

96% rating from Charity Navigator.

Families In Transition Inc has achieved a Four-Star out of Four Star rating, indicating a high level of accountability and financial performance. This strong score reflects the organization's dedication to maintaining transparency and effective governance, with 100% of its board members being independent and a robust system for audit and oversight.

The organization excels in its financial management, showcasing a low liability-to-asset ratio and a significant percentage of expenses directed towards programs, which stands at 94.41%. These factors highlight Families In Transition Inc's commitment to utilizing resources effectively to fulfill its mission.

No significant limitations were noted in the available data, suggesting that the organization operates with integrity and responsibility. Overall, Families In Transition Inc appears to be a well-managed nonprofit dedicated to its cause.


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

Is Families In Transition Inc legitimate?

Families In Transition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Families In Transition 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: $80,449
Professional Fundraising Fees: $0
Other Salaries and Wages: $975,697

For more financial information, click here

What is the mission statement of Families In Transition Inc?

Families In Transition Inc's mission is to collaborate with other service providers in a comprehensive community effort to eradicate and prevent homelessness, focusing on families at risk. Their primary objective is to offer social services, housing solutions, and various forms of assistance to these vulnerable families. The organization provides essential aid such as rent assistance, food, clothing, educational materials, tools, and toys, aiming to support and uplift homeless families towards a more stable living situation.

Who is the CEO of Families In Transition Inc?

Melisa Vierra is the Exec Director of Families In Transition Inc.

What is the revenue of Families In Transition Inc?

Families In Transition Inc's revenue in 2022 was $4,002,715.

Who are the executives of Families In Transition Inc and what are their salaries?

The average compensation at Families In Transition Inc during 2022 was $55,587. There are 19 employees at Families In Transition Inc.


Here are 5 key members and their salaries:


Melisa Vierra (Exec Director)
  • Compensation: $80,449
  • Related: $0
  • Other: $0
Mindy Broughton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Schultz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Quiroz-Carter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Families In Transition Inc?

Families In Transition Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Families In Transition Inc

Families In Transition Inc, as a collective entity, is committed to collaborating with other service providers in an extensive community initiative aimed at eradicating and preventing homelessness within Santa Cruz County. Their primary objective is to extend social services, housing, and various forms of assistance to families who are currently homeless or at risk of becoming so. By joining forces with local organizations, Families In Transition Inc strives to make a significant impact in alleviating homelessness in the community.

To achieve this mission, Families In Transition Inc offers a range of essential support services to those in need. They provide rent assistance, ensuring that families have a stable housing situation. Additionally, the nonprofit offers essentials such as food, clothing, and educational materials, ensuring that families have the basic necessities to maintain a decent standard of living. Furthermore, Families In Transition Inc goes beyond just providing material aid, offering toys and tools to help homeless and potentially homeless families. This holistic approach allows the nonprofit to address multiple aspects of a family's needs, ultimately helping them to secure a brighter future.

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Impact




July, 2024

Families In Transition Inc has a significant impact in Santa Cruz County by working to end and prevent homelessness. They provide a range of services such as rent assistance, food, clothing, educational materials, tools, and toys to homeless and at-risk families. Their mission is to collaborate with other service providers to address the issue of homelessness in the community, making a difference in the lives of those facing housing insecurity.




This information is meant to be a general summary of Families In Transition 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
$4,002,715 (2022)
Expenses
$3,537,726 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $64
  • Gross Receipts: $4,002,715

Assets and Liabilities:

  • Total Assets: $2,022,561
  • Total Liabilities: $168,661
  • Net Assets: $1,853,900

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Organization Details

Founding Year

1992

Principal Officer

Melisa Vierra

Main Address

406 Main Street 326, Watsonville, CA, 95076

NTEE Category

Code: P40Z - Human services

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