Overview
What is Friends Of The Children - Detroit?
Friends of the Children - Detroit is a Michigan-based nonprofit organization situated in Detroit, Michigan. Their primary mission is to foster generational change by empowering youth who face significant challenges, such as foster care placement, subpar schooling, homelessness, food insecurity, and limited access to healthcare. They achieve this by providing these youth with long-term, professional mentors for 12 years or more, regardless of their circumstances. This dedicated support helps 83% of the youth to graduate from high school or earn a GED, 98% to avoid teen parenthood, 93% to steer clear of the juvenile justice system, and 92% to proceed to post-secondary education, military service, or employment. With a team of 10 dedicated individuals, Friends of the Children - Detroit aims to make a lasting impact on the lives of these at-risk youth.
Official website here: www.friendsdetroit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Friends Of The Children - Detroit has achieved a strong 91% rating from Charity Navigator, reflecting its robust accountability and financial health. The organization boasts a fully independent board, scoring the maximum points for board independence and size, which indicates effective governance. With no material diversion of assets and comprehensive policies on conflict of interest and whistleblowing, they demonstrate a commitment to transparency and ethical management.
The financial oversight of Friends Of The Children - Detroit is commendable, highlighted by a perfect score in various audit and oversight categories. Their low liabilities to assets ratio suggests a strong financial position, further reinforcing the organization's reliability as a nonprofit. Additionally, the organization allocates a significant portion of its resources towards its programs, with a program expense ratio of 66.25%.
However, while the organization performs well overall, its program expense ratio could be improved to reach higher effectiveness benchmarks. Nevertheless, its strong governance and transparency practices position Friends Of The Children - Detroit as a trustworthy entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Children - Detroit legitimate?
Friends Of The Children - Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Children - Detroit 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: $115,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $478,824
For more financial information, click here
Official website here: www.friendsdetroit.org
What is the mission statement of Friends Of The Children - Detroit?
Friends of the Children-Detroit, a Michigan-based nonprofit, aims to bring about generational change by empowering youth facing significant challenges. They accomplish this through long-term, 12-year mentorships with professional mentors, regardless of circumstances. The organization's efforts have resulted in impressive achievements, such as 83% of youth obtaining a high school diploma or GED, 98% delaying parenthood until after their teens, and 93% avoiding juvenile justice system involvement. Furthermore, 92% of the youth proceed to enroll in post-secondary education, join the military, or enter the workforce.
Official website here: www.friendsdetroit.org
Who is the CEO of Friends Of The Children - Detroit?
Derschaun Brown is the Chairman of Friends Of The Children - Detroit.
Official website here: www.friendsdetroit.org
What is the revenue of Friends Of The Children - Detroit?
Friends Of The Children - Detroit's revenue in 2022 was $2,001,602.
Official website here: www.friendsdetroit.org
Who are the executives of Friends Of The Children - Detroit and what are their salaries?
The average compensation at Friends Of The Children - Detroit during 2022 was $59,398. There are 10 employees and 12 volunteers at Friends Of The Children - Detroit.
Here are 14 key members and their salaries:
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Official website here: www.friendsdetroit.org
Where can I find the form 990 for Friends Of The Children - Detroit?
Friends Of The Children - Detroit's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendsdetroit.org
Learn more at the official website: www.friendsdetroit.org
Mission Statement of Friends Of The Children - Detroit
Friends of the Children - Detroit is a Michigan-based nonprofit organization with a mission to bring about generational change by empowering youth who face significant challenges. They achieve this through long-term, consistent relationships with professional mentors, committed to supporting these young individuals for a period of 12 years or more, regardless of the circumstances.
The organization's mission is centered around making a significant impact in the lives of these youth, helping them overcome the most formidable obstacles they encounter. Friends of the Children - Detroit strives to equip these young individuals with essential life skills, setting them on a path towards achieving various milestones. This includes 83% of their youth obtaining a high school diploma or GED, 98% delaying parenthood until after their teenage years, and 93% avoiding involvement in the juvenile justice system. Moreover, the organization encourages 92% of their youth to pursue post-secondary education, join the military, or enter the workforce.
In essence, Friends of the Children - Detroit aims to break the cycle of adversity by providing these young individuals with the support, guidance, and resources they need to overcome their challenges and build a brighter future for themselves and their communities. The organization's mission is underpinned by a deep commitment to empowering youth, fostering resilience, and promoting sustainable change in their lives.
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Impact
July, 2024
Friends Of The Children - Detroit has a significant impact on the youth in Detroit facing the greatest obstacles. Their program provides professional mentors to empower these youth, leading to impressive outcomes. 83% of program participants graduate high school or earn a GED, 98% avoid teen parenting, 93% remain free from juvenile justice system involvement, and 92% continue their education, serve their country, or enter the workforce. Despite facing challenges such as homelessness, hunger, and lack of access to healthcare, the youth in this program build strong foundations for success in adulthood.
This information is meant to be a general summary of Friends Of The Children - Detroit. 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: $2,022,777
Assets and Liabilities:
- Total Assets: $2,124,179
- Total Liabilities: $100,734
- Net Assets: $2,023,445
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Organization Details
Founding Year
2017
Phone
(313) 757-8077Principal Officer
Derschaun Brown
Main Address
2470 COLLINGWOOD STREET, DETROIT, MI, 482061500
Website
www.friendsdetroit.orgNTEE Category
Code: I21 - Crime
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