Overview
What is Faiths Place Center For Arts Education Inc?
Faiths Place Center for Arts Education Inc., located at 954 44th Street, West Palm Beach, FL 33407, is a nonprofit organization with a mission to enrich the community through arts and social education. Established with a team of 11 dedicated individuals, their primary objective is to offer engaging and educational programs that stimulate both creative and social growth. By fostering an appreciation for the arts and promoting social understanding, Faiths Place Center aims to contribute positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Faiths Place Center For Arts Education Inc has received a Two-Star rating from Charity Navigator, indicating a score of 71%. This score is derived exclusively from its Accountability & Finance metric, highlighting the organization's financial practices and governance structure. A significant strength is the presence of an independent board, with 83% of its members being independent, which contributes to effective oversight.
The organization demonstrates commendable financial health, boasting a 90.41% program expense ratio, showing that a large majority of its expenditures are directed towards its programs. Additionally, it has a strong accountability record, with no material diversion of assets and a 0.00% liabilities to assets ratio, which reflects solid fiscal management.
However, the overall rating suggests that there may be areas for improvement, particularly beyond financial metrics, which are not captured in this score. While the governance aspects are strong, potential donors and stakeholders may want to consider further information about the nonprofit's program impact and strategic vision to gain a holistic understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Faiths Place Center For Arts Education Inc legitimate?
Faiths Place Center For Arts Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faiths Place Center For Arts Education 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: $63,865
For more financial information, click here
What is the mission statement of Faiths Place Center For Arts Education Inc?
Faiths Place Center for Arts Education Inc is established with the primary objective of offering arts and social education to the community. This non-profit organization is dedicated to enriching the community by providing educational programs that integrate both artistic and social elements. Through its initiatives, the center aims to foster a well-rounded understanding and appreciation of various art forms while also promoting social awareness and development. By providing these educational services, Faiths Place Center for Arts Education Inc seeks to contribute positively to the personal growth and cultural enrichment of the community.
What is the revenue of Faiths Place Center For Arts Education Inc?
Faiths Place Center For Arts Education Inc's revenue in 2022 was $732,763.
Who are the executives of Faiths Place Center For Arts Education Inc and what are their salaries?
The average compensation at Faiths Place Center For Arts Education Inc during 2022 was $5,806. There are 11 employees at Faiths Place Center For Arts Education Inc.
Here are 6 key members and their salaries:
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- Compensation: $16,274
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Where can I find the form 990 for Faiths Place Center For Arts Education Inc?
Faiths Place Center For Arts Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Faiths Place Center For Arts Education Inc
Faiths Place Center for Arts Education Inc is dedicated to enriching the community through arts and social education. Their mission is to serve as a platform, providing opportunities for individuals to engage in artistic and educational experiences that foster personal growth and social awareness. By offering a diverse range of programs, Faiths Place Center for Arts Education Inc aims to inspire creativity, promote cultural understanding, and empower individuals to become active participants in their communities.
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Impact
July, 2024
Faiths Place Center For Arts Education Inc is making a significant impact by providing arts and social education to the community in West Palm Beach, Florida. Through their programs and initiatives, they are enriching the lives of individuals and fostering a greater appreciation for the arts. Their dedication to education and community engagement is creating a positive and lasting impact on the local population.
This information is meant to be a general summary of Faiths Place Center For Arts Education 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.
- Program Service Revenue: $482,763
- Gross Receipts: $732,763
Assets and Liabilities:
- Total Assets: $478,323
- Total Liabilities: $0
- Net Assets: $478,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM PAY
Revenue
$482,763
Organization Details
Founding Year
2012
Principal Officer
Noble Mays
NTEE Category
Code: A68 - Arts
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