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Caring Friends Inc

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

EIN: 800718508 ✦ Temple city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Caring Friends Inc?

Caring Friends Inc, based in Temple City, California, is a nonprofit organization with a compassionate mission. Their primary objective is to extend support and advocate for refugees who have endured hardships and faced discrimination in their past. This organization seeks to share the love of Jesus Christ with these individuals, providing them with the care and understanding they need. The specific activities of Caring Friends Inc include advocacy and assistance to these refugees, demonstrating their commitment to making a positive impact in their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (56%)

Caring Friends Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. With an overall score of 56%, the organization has not demonstrated a commitment to having an independent board, as it has 0% independent board members. Additionally, key governance policies such as conflict of interest and whistleblower policies are notably missing.

Despite the shortcomings in governance, the organization does show strong financial health, with a program expense ratio of 90.06%, indicating that the majority of its funds are directed towards its programs. Furthermore, it has effectively managed its liabilities, reporting a 0.00% liabilities to assets ratio, which reflects financial stability in that regard.

However, the absence of essential governance documentation and transparency measures raises concerns about accountability and operational integrity. The organization's website is also not listed on its tax form, which detracts from its transparency. Overall, while Caring Friends Inc demonstrates strong programmatic spending, its lack of proper governance frameworks limits its rating and reflects areas needing improvement.


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

Is Caring Friends Inc legitimate?

Caring Friends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caring Friends 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 Caring Friends Inc?

Caring Friends Inc is an organization dedicated to advocating for and assisting refugees who have faced hardships and discrimination in their past. Their mission is rooted in showing these individuals the love of Jesus Christ. They strive to provide support and resources to these refugees, aiming to make a positive impact in their lives. The organization's activities are centered around advocating for their rights and well-being, offering them a sense of compassion and care.

Who is the CEO of Caring Friends Inc?

Ihab Beblawi is the Board Member of Caring Friends Inc.

What is the revenue of Caring Friends Inc?

Caring Friends Inc's revenue in 2022 was $5.

Who are the executives of Caring Friends Inc and what are their salaries?


Here are 5 key members and their salaries:


Samuel Abraham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ehab Saleh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ash Soliman (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Soliman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ihab Beblawi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Caring Friends Inc?

Caring Friends Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Caring Friends Inc

Caring Friends Inc is an organization committed to advocating for and assisting refugees who have faced hardships and discrimination in their past. Their mission is to show these individuals the love of Jesus Christ. They strive to offer support and guidance, aiming to make a positive impact in their lives. This nonprofit organization is dedicated to reaching out to refugees and extending a hand of compassion and understanding.

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Impact




October, 2024

Caring Friends Inc has a profound impact on the lives of refugees who have faced significant hardships and discrimination. By advocating for these individuals, the organization not only helps them navigate the challenges associated with their backgrounds but also provides essential support that fosters a sense of belonging and community. Through its mission, Caring Friends Inc demonstrates compassion and empathy, showing refugees the love and kindness that can help heal emotional wounds and restore hope. Engaging in direct support and outreach, the organization empowers refugees to overcome obstacles, encouraging them to build a brighter future in their new environments.




This information is meant to be a general summary of Caring Friends 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
$5 (2022)
Expenses
$825 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $5

Assets and Liabilities:

  • Total Assets: $23,371
  • Total Liabilities: $0
  • Net Assets: $23,371

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Organization Details

Founding Year

2011

Principal Officer

Ihab Beblawi

Main Address

9723 GARIBALDI AVE, TEMPLE CITY, CA, 91780

NTEE Category

Code: Q20 - International

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