Overview
What is The Firehouse Community Arts Center Of Chicago?
The Firehouse Community Arts Center of Chicago is a nonprofit organization situated in the heart of Chicago, Illinois, specifically at 2111 S Hamlin Ave, 60623. Their primary mission is to foster the talents and potential of North Lawndale's youth and young adults by providing a secure, nurturing environment. They accomplish this mission by operating the Firehouse Community Arts Center and offering daily mentoring and creative arts training. With a team of 25 dedicated individuals, the center seeks to uncover and nurture the inherent abilities and strengths within this community.
Official website here: www.thefcac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Firehouse Community Arts Center of Chicago has received a Two-Star rating from Charity Navigator, which reflects a moderate level of accountability and financial health. The score is primarily based on accountability and finance metrics, indicating that while the organization shows some strength in areas like independent board composition and program expense ratio, there are significant concerns regarding governance policies.
The organization demonstrates a solid commitment to financial transparency with high scores for independent board members and a good program expense ratio. It successfully avoids any material diversion of assets and maintains a low liabilities to assets ratio, which suggests financial stability in those aspects. However, the lack of critical governance policies, including a conflict of interest policy and a whistleblower policy, raises concerns about overall organizational governance and accountability.
Additionally, the Firehouse Community Arts Center has a working capital ratio that indicates potential challenges in maintaining operational liquidity. While the organization is efficient in its fundraising efforts, these limitations in governance policies and financial management practices may impact its long-term effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Firehouse Community Arts Center Of Chicago?
98% of 14 reviewers on Facebook recommend The Firehouse Community Arts Center of Chicago. Here is a summary of their reviews:
Many users express their appreciation for the center, highlighting it as a fantastic space for youth to gather, be inspired, and receive encouragement. The positive atmosphere and supportive environment seem to resonate deeply with visitors, who value the opportunities provided for personal growth and artistic expression.
Overall, the sentiment towards the nonprofit is overwhelmingly positive, indicating that it truly fulfills its mission of serving the community and uplifting young individuals through the arts.
This AI summary has been generated from reviews found on Facebook.
Is The Firehouse Community Arts Center Of Chicago legitimate?
The Firehouse Community Arts Center Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Firehouse Community Arts Center Of Chicago 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $865,360
For more financial information, click here
Official website here: www.thefcac.org
What is the mission statement of The Firehouse Community Arts Center Of Chicago?
The Firehouse Community Arts Center of Chicago's mission is centered around discovering and nurturing the talents and potential of the youth and young adults residing in North Lawndale. They achieve this by operating the Firehouse Community Arts Center, providing daily mentoring, and offering creative arts training to teens in a secure and supportive environment. The center's goal is to empower these individuals, fostering their growth and development.
Official website here: www.thefcac.org
What is the revenue of The Firehouse Community Arts Center Of Chicago?
The Firehouse Community Arts Center Of Chicago's revenue in 2022 was $2,069,218.
Official website here: www.thefcac.org
Who are the executives of The Firehouse Community Arts Center Of Chicago and what are their salaries?
The average compensation at The Firehouse Community Arts Center Of Chicago during 2022 was $38,214. There are 25 employees and 20 volunteers at The Firehouse Community Arts Center Of Chicago.
Here are 8 key members and their salaries:
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- Compensation: $90,000
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Official website here: www.thefcac.org
Where can I find the form 990 for The Firehouse Community Arts Center Of Chicago?
The Firehouse Community Arts Center Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefcac.org
Learn more at the official website: www.thefcac.org
Mission Statement of The Firehouse Community Arts Center Of Chicago
The Firehouse Community Arts Center of Chicago is committed to unearthing and nurturing the talents and potential of the youth and young adult residents in North Lawndale. This nonprofit organization achieves its mission by operating the Firehouse Community Arts Center, providing daily mentoring and creative arts training to teens in a secure, supportive environment. By fostering their gifts and strengths, the center empowers these young individuals, offering them a valuable outlet for self-expression and personal growth.
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Impact
July, 2024
The Firehouse Community Arts Center of Chicago has a significant impact on the North Lawndale community by uncovering and developing the gifts and strengths of its youth and young adult residents. Through daily mentorship and creative arts training, the organization provides a safe and nurturing environment for teens to explore their artistic talents and reach their full potential. This commitment to empowering the younger generation fosters artistic expression, personal growth, and community engagement in Chicago's North Lawndale neighborhood.
This information is meant to be a general summary of The Firehouse Community Arts Center Of Chicago. 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: $5,281
- Program Service Revenue: $153,937
- Gross Receipts: $2,069,218
Assets and Liabilities:
- Total Assets: $351,051
- Total Liabilities: $97,708
- Net Assets: $253,343
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$153,937
Organization Details
Founding Year
2006
Principal Officer
Phillip Jackson
Website
www.thefcac.orgNTEE Category
Code: A61 - Arts
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