Overview
What is Frank Gray Corporation?
Frank Gray Corporation is a nonprofit organization located in Albuquerque, New Mexico, specifically at 5601 Domingo Rd NE, 87108. Their primary mission involves offering housing and independent living programs to support individuals who are recovering from mental illness. By doing so, they aim to foster a community where these individuals can regain their independence and continue their journey towards recovery. The organization's activities are geared towards providing a supportive environment for those in need, contributing to the improvement of their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Frank Gray Corporation has received a two-star rating from Charity Navigator, with an overall score of 65%. The organization shows strong governance features, such as a fully independent board and no material diversion of assets. Additionally, it maintains thorough documentation of board meeting minutes and has a conflict of interest policy in place, which reflects a commitment to accountability.
However, there are several areas where the organization falls short. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which are critical for transparency. Furthermore, the nonprofit does not display its tax form on its website, which may hinder public trust.
Financially, the organization demonstrates a concerning liabilities to assets ratio of 126.36%, indicating potential financial instability. Despite a high program expense ratio of 100%, suggesting that it allocates all its expenses directly to programs, the overall financial health and governance practices could be improved to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Frank Gray Corporation legitimate?
Frank Gray Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frank Gray Corporation 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
For more financial information, click here
What is the mission statement of Frank Gray Corporation?
The Frank Gray Corporation is dedicated to serving individuals recovering from mental illness, offering housing and independent living programs to support their transition towards self-reliance. The core mission of the corporation is to facilitate recovery and promote independent living for those who have suffered from mental illness. By providing appropriate housing and living arrangements, the corporation aims to empower recovering individuals and enable them to live fulfilling lives with a sense of autonomy. The corporation's efforts are focused on creating supportive environments that foster growth, recovery, and well-being for those in need.
Who is the CEO of Frank Gray Corporation?
Tamne Robinson is the President of Frank Gray Corporation.
What is the revenue of Frank Gray Corporation?
Frank Gray Corporation's revenue in 2022 was $32,567.
Who are the executives of Frank Gray Corporation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $95,826
- Other: $16,122
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Frank Gray Corporation?
Frank Gray Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Frank Gray Corporation
The Frank Gray Corporation, a dedicated non-profit organization, is committed to supporting individuals recovering from mental illness. Its primary mission is to provide housing and independent living programs, offering a safe and nurturing environment for those on the path to recovery. By offering these programs, the corporation aims to empower its residents, helping them regain their independence and improve their quality of life. The organization's work is instrumental in providing a second chance for those who have been affected by mental illness, enabling them to rebuild their lives with dignity and autonomy.
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Impact
June, 2024
Frank Gray Corporation's impact lies in its provision of housing and independent living programs to individuals recovering from mental illness. By offering safe and supportive living environments, the organization plays a crucial role in aiding individuals in their journey towards mental health recovery. This direct assistance contributes to the overall well-being and quality of life of those struggling with mental health issues in the city of Albuquerque, NM.
This information is meant to be a general summary of Frank Gray Corporation. 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: $2
- Program Service Revenue: $12,995
- Gross Receipts: $32,567
Assets and Liabilities:
- Total Assets: $73,221
- Total Liabilities: $100,165
- Net Assets: -$26,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Client fees
Revenue
$12,995
Organization Details
Founding Year
1991
Principal Officer
Tamne Robinson
Main Address
5601 Domingo Rd NE, Albuquerque, NM, 87108
NTEE Category
Code: F33 - Mental health
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