Overview
What is Friends Of Lafayette House?
Friends of Lafayette House is a nonprofit organization situated in Portsmouth, New Hampshire. Their primary mission is to support and accommodate 12 individuals with developmental disabilities, offering them housing and personal care services. This mission is fulfilled through the operation of a HUD-assisted residential facility known as Great Bay Residential Facility II, project number NH36T81101. The organization goes beyond just providing a living space, as they also engage in fundraising activities to cover additional costs and activities not covered by HUD funding. With a team of 10 dedicated individuals, Friends of Lafayette House strives to create an enriching environment for those under their care, ensuring their well-being and promoting their overall development.
Official website here: www.friendsoflafayettehouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Friends of Lafayette House holds a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization’s score of 77% highlights its commitment to transparency and ethical governance, as evidenced by its 100% independent board members and comprehensive policies including conflict of interest and whistleblower protections.
The charity excels in its program expense ratio, allocating nearly 91% of its finances directly to programs, which indicates a focused mission in delivering services. Additionally, it demonstrates financial stability with a liabilities to assets ratio of 36.59%, reassuring stakeholders of its operational health. The organization also maintains a transparent approach by documenting board meeting minutes and providing access to its website on tax forms.
Overall, while the organization showcases commendable strengths in governance and financial management, ongoing monitoring and community feedback will be essential in ensuring it continues to meet its mission and address any potential challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Lafayette House legitimate?
Friends Of Lafayette House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Lafayette House 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: $332,210
For more financial information, click here
Official website here: www.friendsoflafayettehouse.org
What is the mission statement of Friends Of Lafayette House?
Friends of Lafayette House's mission is centered around operating a residential facility, specifically catering to the needs of 12 adults with developmental disabilities. Their mission extends beyond mere management, as they also undertake fundraising initiatives to cover expenses not covered by HUD funding for the facility's activities. In essence, their mission is to provide a supportive living environment and essential services for these individuals, ensuring they can live with dignity and independence.
Official website here: www.friendsoflafayettehouse.org
What is the revenue of Friends Of Lafayette House?
Friends Of Lafayette House's revenue in 2023 was $729,336.
Official website here: www.friendsoflafayettehouse.org
Who are the executives of Friends Of Lafayette House and what are their salaries?
The average compensation at Friends Of Lafayette House during 2023 was $30,201. There are 11 employees and 8 volunteers at Friends Of Lafayette House.
Here are 5 key members and their salaries:
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Official website here: www.friendsoflafayettehouse.org
Where can I find the form 990 for Friends Of Lafayette House?
Friends Of Lafayette House's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendsoflafayettehouse.org
Learn more at the official website: www.friendsoflafayettehouse.org
Mission Statement of Friends Of Lafayette House
Friends of Lafayette House is a dedicated organization with a mission to oversee and manage a HUD-assisted residential facility. This facility provides a home for twelve developmentally disabled adults. Beyond the basic housing provision, the organization also raises funds to cover expenses and activities that fall outside the scope of HUD funding. In essence, Friends of Lafayette House is committed to ensuring the well-being and comfort of its residents, providing them with a supportive environment that goes beyond the fundamental necessities.
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Impact
July, 2024
Friends of Lafayette House makes a significant impact by providing housing and personal care services for 12 developmentally disabled adults at the HUD-assisted Great Bay Residential Facility II in Portsmouth, NH. Their mission to operate a residential facility for disabled adults ensures that these individuals have a safe and supportive environment where their needs are met. Additionally, the organization's fundraising efforts help cover activities and costs that are not funded by HUD, ensuring that residents receive comprehensive care and support. Friends of Lafayette House's work exemplifies a commitment to philanthropy and the well-being of disabled adults in the community.
This information is meant to be a general summary of Friends Of Lafayette House. 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 2023.
- Investment Income: $5,333
- Program Service Revenue: $682,264
- Gross Receipts: $729,336
Assets and Liabilities:
- Total Assets: $567,362
- Total Liabilities: $276,081
- Net Assets: $291,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CSS FUNDING FROM MEDICAID
Revenue
$286,098
MANAGEMENT OF HUD ASSIST RES
Revenue
$269,601
DAY PROGRAM SERVICES
Revenue
$126,565
Organization Details
Founding Year
2017
Principal Officer
Lisa Press
NTEE Category
Code: T11 - Philanthropy
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