Overview
What is Farrell Cares Inc?
Farrell Cares Inc is a nonprofit organization situated in Port Richey, Florida, specifically at 6835 Commerce Ave. Their primary mission is to support local charitable organizations, leveraging fundraising activities and donations. By doing so, they aim to distribute funds, services, and aid to qualifying 501(C)(3) organizations, as outlined in the Internal Revenue Code or any future federal tax code. Their work is geared towards uplifting the local community, providing essential support and resources where needed.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Farrell Cares Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity's overall score is derived entirely from its exceptional performance in the Accountability & Finance beacon, indicating a high level of transparency and responsible management of resources.
The organization demonstrates a well-structured governance model, with 100% of its board members being independent, ensuring unbiased decision-making. It also maintains strong financial indicators, such as a 94.68% program expense ratio, which signifies that a significant majority of its expenditures directly support its mission. Additionally, the absence of material asset diversions and the presence of comprehensive policies further reinforce its credibility.
While the rating highlights many strengths, it is essential for potential donors and supporters to consider the ongoing need for community engagement and program evaluation to ensure continued effectiveness. Overall, Farrell Cares Inc stands out as a responsible nonprofit committed to its mission and its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Farrell Cares Inc legitimate?
Farrell Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farrell Cares 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 Farrell Cares Inc?
Farrell Cares Inc's mission is centered around promoting fundraising activities and soliciting donations. The primary objective is to accumulate funds, services, and support for the local community. The organization also distributes funds to organizations that meet the criteria of being exempt under Section 501(C)(3) of the Internal Revenue Code or its corresponding section in future federal tax codes. In essence, Farrell Cares Inc serves as a catalyst for charitable giving, aiming to uplift and support various community initiatives and exempt organizations.
Who is the CEO of Farrell Cares Inc?
Tinamarie Farrell is the Director of Farrell Cares Inc.
What is the revenue of Farrell Cares Inc?
Farrell Cares Inc's revenue in 2022 was $68,116.
Who are the executives of Farrell Cares Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Farrell Cares Inc?
Farrell Cares Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Farrell Cares Inc
Farrell Cares Inc, as a nonprofit organization, is dedicated to promoting charitable activities and soliciting donations. Their primary mission is to raise funds, offer services, and provide support for the local community. They aim to distribute these resources to organizations that qualify under Section 501(C)(3) of the Internal Revenue Code or any future corresponding section. In simpler terms, Farrell Cares Inc functions as a fundraising platform, gathering donations and channeling them towards exempt organizations within the community, thereby contributing to the betterment of society.
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Impact
August, 2024
Farrell Cares Inc's impact can be seen in its dedication to promoting fundraising activities and soliciting donations to provide funds, services, and support for the local community. By making distributions to qualified charitable organizations under Section 501(c)(3) of the Internal Revenue Code, Farrell Cares Inc plays a vital role in supporting various causes and initiatives that benefit those in need. Through its philanthropic efforts, this organization contributes positively to the well-being of the community in Port Richey, FL, making a difference in the lives of many individuals and families.
This information is meant to be a general summary of Farrell Cares 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.
- Gross Receipts: $239,955
Assets and Liabilities:
- Total Assets: $159,259
- Total Liabilities: $0
- Net Assets: $159,259
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Organization Details
Phone
(727) 845-7663Principal Officer
Tinamarie Farrell
Main Address
6835 COMMERCE AVE, PORT RICHEY, FL, 34668
NTEE Category
Code: T12 - Philanthropy
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