Overview
What is Life Family Center Inc?
Life Family Center Inc, based in Lynbrook, New York, is a nonprofit organization committed to supporting families experiencing financial and health crises. Their mission is to safeguard, improve, and enrich the emotional, social, and spiritual well-being of these families. They achieve this by providing financial and technical assistance to individuals and families through various public assistance programs. With a dedicated team of eight employees, Life Family Center Inc strives to help families in crisis reach their full potential. Their work focuses on offering a hand up rather than a handout, empowering families to overcome their challenges and thrive.
Official website here: www.pfytrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (51%)
Life Family Center Inc has received a low rating of 1 Star from Charity Navigator, primarily due to its Accountability & Finance score of 51%. This rating reflects significant concerns regarding the organization's governance and financial transparency, particularly with the absence of financial statements and a lack of independent board members, which raises questions about oversight and accountability.
Despite these challenges, the organization does demonstrate positive attributes, such as a high program expense ratio of 75.20%, indicating that a substantial portion of its resources is directed towards its programs rather than administrative costs. Additionally, the center has implemented several policies, including conflict of interest and whistleblower protections, which are important for ethical governance.
However, the limitations in financial reporting and board independence are critical issues that potential donors and stakeholders should consider. The missing tax form on the nonprofit's website, combined with a liabilities to assets ratio of 74.06%, suggests potential financial instability that could affect its operations and sustainability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Life Family Center Inc legitimate?
Life Family Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Family Center 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: $408,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,135
For more financial information, click here
Official website here: www.pfytrust.org
What is the mission statement of Life Family Center Inc?
Life Family Center Inc's mission is centered around supporting families in times of financial and health crises. Their goal is to protect, enhance, and enrich the emotional, social, and spiritual well-being of these families. They achieve this by providing financial and technical assistance through various public assistance programs. By doing so, Life Family Center Inc aims to help individuals and families reach their full potential. The organization's activities are geared towards empowering these families to overcome their challenges and lead fulfilling lives.
Official website here: www.pfytrust.org
Who is the CEO of Life Family Center Inc?
Abraham S Lefkowitz is the Co Executive Director of Life Family Center Inc.
Official website here: www.pfytrust.org
What is the revenue of Life Family Center Inc?
Life Family Center Inc's revenue in 2022 was $799,061.
Official website here: www.pfytrust.org
Who are the executives of Life Family Center Inc and what are their salaries?
The average compensation at Life Family Center Inc during 2022 was $75,876. There are 8 employees and 3 volunteers at Life Family Center Inc.
Here are 4 key members and their salaries:
- Compensation: $185,917
- Related: $0
- Other: $0
- Compensation: $185,917
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $37,044
- Related: $0
- Other: $0
Official website here: www.pfytrust.org
Where can I find the form 990 for Life Family Center Inc?
Life Family Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pfytrust.org
Learn more at the official website: www.pfytrust.org
Mission Statement of Life Family Center Inc
Life Family Center Inc is dedicated to safeguarding, enhancing, and enriching the emotional, social, and spiritual well-being of families enduring financial and health crises. The organization strives to help individuals and families realize their full potential by offering financial and technical assistance through various public assistance programs. By providing this support, Life Family Center Inc aims to empower families to overcome their challenges and thrive, ultimately protecting and enriching their lives.
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Impact
July, 2024
Life Family Center Inc makes a significant impact by protecting, enhancing, and enriching the emotional, social, and spiritual health of families facing financial and health crises. Through their provision of financial and technical assistance via public assistance programs, they enable individuals and families to reach their full potential. Their work embodies a commitment to supporting those in need and empowering them to overcome challenging circumstances, ultimately fostering stronger, more resilient communities.
This information is meant to be a general summary of Life Family Center 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: $799,061
- Gross Receipts: $799,061
Assets and Liabilities:
- Total Assets: $1,212,547
- Total Liabilities: $898,035
- Net Assets: $314,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIDUCIARY AND TRUST FE
Revenue
$799,061
Organization Details
Founding Year
2016
Phone
(516) 510-8845Principal Officer
Abraham S Lefkowitz
Main Address
303 MERRICK ROAD 505, LYNBROOK, NY, 11563
Website
www.pfytrust.orgNTEE Category
Code: P20 - Human services
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