Overview
What is Friends Of The Children- Tampa Bay Inc?
Friends of the Children-Tampa Bay Inc is a Florida-based nonprofit organization dedicated to creating generational change. They empower youth facing significant challenges, such as foster care, under-resourced education, homelessness, hunger, and limited healthcare access. Through 12-year, long-term mentorships with professional mentors, this nonprofit helps these youth overcome obstacles and build solid foundations for future success. As a result, 83% of their mentees graduate high school or earn a GED, 93% avoid juvenile justice involvement, and 98% delay parenthood until after their teenage years. Additionally, 92% of the youth further their education, join the military, or enter the workforce. The organization's headquarters is located at 7028 W Water Avenue, Tampa, Florida.
Official website here: www.friendstampabay.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Friends Of The Children- Tampa Bay Inc has demonstrated a strong commitment to accountability and finance, reflected in its high score of 95 in this category. The organization boasts a fully independent board, with all 12 members meeting the criteria for independence. Furthermore, they have established comprehensive policies regarding conflicts of interest, whistleblowers, and document retention, which enhances their transparency and governance.
In terms of financial health, the organization maintains a favorable liabilities to assets ratio of 31.95%, indicating sound financial management. Their program expense ratio is robust at 68.75%, suggesting that a significant portion of their funds is directed toward their programs rather than administrative costs. This is a positive sign for potential donors looking to support an organization that prioritizes its mission.
The organization also excels in culture and community, achieving a perfect score of 100 in this area. They have implemented effective equity strategies, which further demonstrates their commitment to diversity and inclusivity. Overall, Friends Of The Children- Tampa Bay Inc emerges as a well-managed charity with a clear focus on its programs and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Children- Tampa Bay Inc legitimate?
Friends Of The Children- Tampa Bay Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Children- Tampa Bay 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: $139,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $417,983
For more financial information, click here
Official website here: www.friendstampabay.org
What is the mission statement of Friends Of The Children- Tampa Bay Inc?
Friends of the Children-Tampa Bay is a nonprofit organization with a mission to drive generational change. They accomplish this by empowering at-risk youth, who are facing significant challenges, through long-term mentorship from professional mentors. Over a period of 12 years or more, this support is provided regardless of the circumstances. The organization has seen impressive results, with 83% of their youth obtaining a high school diploma or GED, 98% waiting to become parents until after their teenage years, 93% avoiding involvement in the juvenile justice system, and 92% pursuing post-secondary education, military service, or employment.
Official website here: www.friendstampabay.org
Who is the CEO of Friends Of The Children- Tampa Bay Inc?
Rick Mcclintock is the Past Board Chair of Friends Of The Children- Tampa Bay Inc.
Official website here: www.friendstampabay.org
What is the revenue of Friends Of The Children- Tampa Bay Inc?
Friends Of The Children- Tampa Bay Inc's revenue in 2022 was $1,846,137.
Official website here: www.friendstampabay.org
Who are the executives of Friends Of The Children- Tampa Bay Inc and what are their salaries?
The average compensation at Friends Of The Children- Tampa Bay Inc during 2022 was $46,478. There are 12 employees at Friends Of The Children- Tampa Bay Inc.
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- Compensation: $64,634
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- Other: $11,250
Official website here: www.friendstampabay.org
Where can I find the form 990 for Friends Of The Children- Tampa Bay Inc?
Friends Of The Children- Tampa Bay Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendstampabay.org
Learn more at the official website: www.friendstampabay.org
Mission Statement of Friends Of The Children- Tampa Bay Inc
Friends of the Children-Tampa Bay, a Florida-based nonprofit organization, is committed to instigating generational change by empowering youth who are facing significant challenges. The nonprofit achieves this mission by establishing long-term relationships with professional mentors, who commit to supporting these youth for a minimum of 12 years, regardless of the circumstances.
The impact of Friends of the Children-Tampa Bay is evident in the remarkable achievements of its youth. Over 83% of the mentored youth obtain a high school diploma or GED, demonstrating their commitment to education. Additionally, an impressive 98% of the youth delay parenthood until after their teenage years. This delay shows their maturity and understanding of the responsibilities that come with parenthood. Furthermore, an astounding 93% of the youth manage to stay clear of involvement in the juvenile justice system, which is a testament to their positive development and guidance. Lastly, 92% of the youth proceed to enroll in post-secondary education, serve in the military, or enter the workforce, indicating a successful transition into adulthood.
In essence, Friends of the Children-Tampa Bay is dedicated to improving the lives of vulnerable youth by providing them with the support and guidance they need to overcome obstacles and achieve their full potential. Through its unique mentorship program, the nonprofit is able to foster resilience, promote education, and encourage positive life choices, ultimately contributing to a brighter future for its mentees.
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Impact
July, 2024
Friends Of The Children- Tampa Bay Inc has a significant impact on empowering youth who are facing the greatest obstacles. Through relationships with professional mentors that last 12+ years, the organization ensures that 83% of their youth receive a high school diploma or GED. Additionally, 98% of the youth wait to become parents until after their teens, 93% avoid involvement in the juvenile justice system, and 92% go on to enroll in post-secondary education, serve the country, or enter the workforce. This demonstrates the tangible and positive generational change that Friends Of The Children- Tampa Bay Inc brings to the community by providing crucial support and guidance to youth in need.
This information is meant to be a general summary of Friends Of The Children- Tampa Bay 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: $1,871,325
Assets and Liabilities:
- Total Assets: $1,279,636
- Total Liabilities: $215,779
- Net Assets: $1,063,857
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Organization Details
Founding Year
2018
Phone
(877) 829-5500Principal Officer
Rick Mcclintock
Main Address
7028 W WATER AVENUE 214, TAMPA, FL, 336342292
Website
www.friendstampabay.orgNTEE Category
Code: P20 - Human services
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