Overview
What is Family For Life Inc?
Family For Life Inc is a nonprofit organization situated in Owasso, Oklahoma. Their primary focus is on foster care placement, offering services such as family recruitment, home assessments, training, and support to foster parents and children in their care. During 2022, they successfully recruited and trained 20 families, increasing their pool of certified families to 45 by year's end. The organization's mission is to create a nurturing environment that facilitates healing for both foster families, biological families, and the children they serve. This healing process is guided by faith and fostered through friendships. Family For Life Inc's workforce consists of 16 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.
Family For Life Inc has received a low rating of 40%, indicating significant concerns regarding its accountability and financial practices. Notably, the organization has no independent board members, which raises questions about governance and oversight. The absence of key financial documents and statements, as well as missing information on their website, contributes to the negative assessment.
Despite these issues, the organization does have a conflict of interest policy in place and has maintained a favorable liabilities to assets ratio. However, the program expense ratio is relatively low at 57.25%, suggesting that a significant portion of their funds may not be directed towards program activities. Overall, potential donors and stakeholders should carefully consider these factors before supporting Family For Life Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Family For Life Inc legitimate?
Family For Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family For Life 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: $126,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,625
For more financial information, click here
What is the mission statement of Family For Life Inc?
Family For Life Inc's mission is centered around creating a nurturing environment where foster families, biological families, and the children they serve can all work towards healing from past traumas. This is achieved through faith and the strengthening of friendships. The organization provides foster care placement services, including recruitment, home assessments, training, and support for foster parents and children. In 2022, they successfully recruited and trained 20 families, and by the end of the year, there were 45 certified families under their care.
Who is the CEO of Family For Life Inc?
Keith Davis is the Director of Family For Life Inc.
What is the revenue of Family For Life Inc?
Family For Life Inc's revenue in 2022 was $537,608.
Who are the executives of Family For Life Inc and what are their salaries?
The average compensation at Family For Life Inc during 2022 was $21,808. There are 16 employees at Family For Life Inc.
Here are 3 key members and their salaries:
- Compensation: $47,154
- Related: $0
- Other: $0
- Compensation: $31,475
- Related: $0
- Other: $0
- Compensation: $47,675
- Related: $0
- Other: $0
Where can I find the form 990 for Family For Life Inc?
Family For Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Family For Life Inc
Family For Life Inc is dedicated to creating a nurturing atmosphere where foster families, biological families, and the children they care for can begin their journey towards healing from past traumas. The organization's mission is to foster an environment of faith and friendship, allowing these individuals to work together towards overcoming their past challenges.
The nonprofit's Bridge Resource Home Placement program plays a significant role in achieving this mission. This program offers a comprehensive range of services, including recruitment, home assessments, training, and ongoing support for foster parents and children in their care. Family For Life Inc recruited and trained 20 new families in 2022, thereby expanding its capacity to provide care and support. By the end of the year, the agency had 45 certified families, ready to offer a loving home to children in need.
In essence, Family For Life Inc is committed to fostering an environment of healing and support for families and children affected by past traumas. Through its Bridge Resource Home Placement program, the organization provides the necessary tools and resources for foster families, biological families, and children to work together towards a brighter future, all while fostering a sense of faith and friendship.
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Impact
July, 2024
Family For Life Inc's impact is immense in providing a supportive environment for foster families, biological families, and the children they serve to work towards healing from painful pasts through faith and friendship. With a strong focus on bridge resource home placement, the organization offers vital foster care placement services including recruitment, home assessments, training, and support services for foster parents and children in placements. In 2022, the agency successfully recruited and trained 20 families, resulting in a total of 45 certified families by the end of the year. Through their mission-driven efforts, Family For Life Inc is making a significant difference in the lives of families and children in need in Owasso, Oklahoma.
This information is meant to be a general summary of Family For Life 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.
- Investment Income: $21
- Gross Receipts: $537,608
Assets and Liabilities:
- Total Assets: $45,559
- Total Liabilities: $0
- Net Assets: $45,559
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Organization Details
Founding Year
2017
Phone
(918) 504-4311Principal Officer
Keith Davis
Main Address
PO Box 2282, Owasso, OK, 74055
NTEE Category
Code: P31 - Human services
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