Overview
What is Forever Home Inc?
Forever Home Inc, located at 10705 Crane Hill Court, Thonotosassa, FL 33592, is a nonprofit organization with a profound mission. Their primary goal is to aid and support Christian families in their journey to adopt orphaned children, either at birth or from foster care. Additionally, they extend their assistance to orphaned children globally, as well as to widows and single mothers, both domestically and internationally. To achieve these objectives, Forever Home Inc collaborates with other non-profit organizations.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Forever Home Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has received a perfect score for several key accountability metrics, demonstrating transparency and effective governance practices. With a program expense ratio of 73.38%, it shows a strong commitment to directing funds towards its mission.
The charity's strong financial practices are evidenced by its low liabilities to assets ratio of 1.15%, indicating good financial health. Additionally, policies such as conflict of interest, whistleblower, and document retention are well-established, contributing to a transparent operational framework. The availability of board meeting minutes also adds to its accountability.
While the overall score reflects a solid base, the reliance on a single beacon score emphasizes the need for ongoing evaluation in other performance areas. Future assessments could benefit from a broader range of metrics to provide a more comprehensive view of the organization’s impact.
This AI summary has been generated from information found on Charity Navigator.
Is Forever Home Inc legitimate?
Forever Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forever Home 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
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Official website here: www.none
What is the mission statement of Forever Home Inc?
Forever Home Inc's mission is centered around providing assistance to various groups in need. Specifically, they aim to aid Christian families in the adoption of orphaned children, both domestically and internationally. Additionally, they extend their support to orphaned children and single mothers, both domestically and internationally. Furthermore, Forever Home Inc collaborates with other non-profit organizations to achieve these objectives. Their mission is to provide aid and assistance in a holistic manner, encompassing various aspects of support.
Official website here: www.none
Who is the CEO of Forever Home Inc?
William K Adkins is the President of Forever Home Inc.
Official website here: www.none
What is the revenue of Forever Home Inc?
Forever Home Inc's revenue in 2022 was $461,880.
Official website here: www.none
Who are the executives of Forever Home Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Forever Home Inc
Forever Homes, Inc., a non-profit organization, is dedicated to supporting Christian families in their endeavors to adopt orphaned children, whether they are infants or have been in foster care. The mission of Forever Homes extends beyond the borders of their own country, as they also strive to aid and assist orphaned children worldwide. Furthermore, the organization demonstrates compassion towards widows and single mothers, offering assistance to those in need, both domestically and internationally. In addition to its direct efforts, Forever Homes, Inc. collaborates with other non-profit organizations to collectively achieve these objectives.
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Impact
July, 2024
Forever Home Inc's impact is significant in helping Christian families adopt orphan children from birth or out of foster care, as well as providing aid and assistance to orphan children, widows, and single mothers both domestically and internationally. By partnering with other non-profits, Forever Home Inc is able to achieve its mission of supporting families in need and improving the lives of vulnerable populations. Their dedication to philanthropy and community support is evident in their ongoing efforts to make a positive difference in the world.
This information is meant to be a general summary of Forever Home 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: $50
- Gross Receipts: $461,880
Assets and Liabilities:
- Total Assets: $276,116
- Total Liabilities: $3,227
- Net Assets: $272,889
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Organization Details
Founding Year
2019
Phone
(813) 689-5370Principal Officer
William K Adkins
Main Address
10705 CRANE HILL COURT, THONOTOSASSA, FL, 33592
Website
www.noneNTEE Category
Code: T50 - Philanthropy
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