Overview
What is El Futuro Inc?
El Futuro Inc, established in 2004, is a nonprofit organization catering to the Spanish-speaking community. Its primary focus is on providing mental health and substance abuse treatment to residents within its community. The organization offers a welcoming environment and resources to help individuals who may be struggling with these issues. Although the specific activities or mission details might be outlined in their schedule, the core mission remains clear: to offer support and treatment to those in need.
Official website here: www.elfuturo-nc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
El Futuro Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. The organization excels particularly in its Accountability & Finance score of 96%, which indicates robust handling of resources and transparency in operations. Additionally, it boasts a 100% independent board, contributing to its effective governance.
The nonprofit's commitment to cultural and community engagement is highlighted by a high score of 94% in that category. This suggests that El Futuro Inc actively fosters a positive environment, focusing on inclusivity and responsiveness to the needs of the communities it serves. Notably, the organization’s strategic goals are centered on enhancing mental health and substance use treatment services for underserved Latino populations in North Carolina, aiming to set a national benchmark in this area.
While the leadership adaptability score of 16% appears low, it is important to note that the organization has a perfect score in Leadership & Adaptability governance elements, indicating that its board is functioning effectively. Overall, El Futuro Inc demonstrates a strong commitment to its mission with a focus on accountability, community involvement, and strategic goals aimed at addressing critical health needs.
This AI summary has been generated from information found on Charity Navigator.
Is El Futuro Inc legitimate?
El Futuro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Futuro 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: $205,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,494,486
For more financial information, click here
Official website here: www.elfuturo-nc.org
What is the mission statement of El Futuro Inc?
El Futuro Inc, founded in 2004, serves as a sanctuary for individuals in the community who speak Spanish, providing them with mental health and substance abuse treatment. The organization's mission is centered around offering a supportive environment for those seeking help in managing their mental health issues and substance abuse problems. By doing so, El Futuro Inc aims to empower and improve the quality of life for its clients. It should be noted that El Futuro specializes in serving the Spanish-speaking community.
Official website here: www.elfuturo-nc.org
Who is the CEO of El Futuro Inc?
David L Smith is the Executive Director of El Futuro Inc.
Official website here: www.elfuturo-nc.org
What is the revenue of El Futuro Inc?
El Futuro Inc's revenue in 2022 was $5,141,652.
Official website here: www.elfuturo-nc.org
Who are the executives of El Futuro Inc and what are their salaries?
The average compensation at El Futuro Inc during 2022 was $47,369. There are 57 employees and 50 volunteers at El Futuro Inc.
Here are 18 key members and their salaries:
- Compensation: $196,687
- Related: $0
- Other: $0
- Compensation: $184,236
- Related: $0
- Other: $0
- Compensation: $112,253
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.elfuturo-nc.org
Where can I find the form 990 for El Futuro Inc?
El Futuro Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elfuturo-nc.org
Learn more at the official website: www.elfuturo-nc.org
Mission Statement of El Futuro Inc
El Futuro Inc, founded in 2004, provides a vital service to the community, particularly for those who speak Spanish. This non-profit organization serves as a sanctuary, offering mental health and substance abuse treatment to all who seek help. By offering its services in Spanish, El Futuro ensures that those who may be marginalized due to language barriers have access to the care they need. The mission of El Futuro Inc is to empower the community by providing mental health and substance abuse treatment, thereby enhancing the overall well-being of those it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
El Futuro Inc has a significant impact on the residents of the Durham community who speak Spanish by providing essential mental health and substance abuse treatment services. Through its dedicated work since 2004, El Futuro has been a vital resource for individuals seeking help in these critical areas. Their focus on culturally competent care ensures that Spanish-speaking residents can receive the support and treatment they need to improve their mental health and well-being. The organization's commitment to addressing these crucial issues has undoubtedly made a positive difference in the lives of many in the community.
This information is meant to be a general summary of El Futuro 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: $4,545
- Program Service Revenue: $979,774
- Gross Receipts: $5,141,652
Assets and Liabilities:
- Total Assets: $4,256,977
- Total Liabilities: $370,889
- Net Assets: $3,886,088
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Clinical services
Revenue
$979,774
Organization Details
Founding Year
2004
Principal Officer
David L Smith
Main Address
2020 Chapel Hill Road STE 23, Durham, NC, 27707
Website
www.elfuturo-nc.orgNTEE Category
Code: F32 - Mental health
If you are a representative of El Futuro Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.