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Friends Of The Carpenter Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911932953 ✦ Vancouver, WA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Carpenter Inc?

Friends of the Carpenter Inc is a nonprofit organization situated in Vancouver, Washington. Their primary focus is providing aid to the disenfranchised, homeless, and underemployed individuals within the Vancouver metropolitan area. They achieve this mission through a ministry of relationships, where sincere volunteers from various faith communities engage with the homeless population. The goal is to establish relationships of trust, hope, encouragement, accountability, and support, ultimately aiming to empower those in need to improve their stability, self-respect, and interdependence within a community of integrity. Volunteers play a significant role in Friends of the Carpenter Inc's operations, assisting in outreach activities, clerical tasks, and office functions. Additionally, they contribute their woodworking skills in practice and training. Fundraising efforts are also crucial, as volunteers gather and prepare items for auctions and rummage sales, and promote attendance through promotional efforts. With a total of six employees, Friends of the Carpenter Inc's work is supported and driven by a dedicated volunteer force.


Official website here: www.friendsofthecarpenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Friends of the Carpenter Inc has received a strong rating of 79%, indicating a solid performance in the realm of accountability and finance. This score is particularly noteworthy as it is derived entirely from the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible financial management.

Strengths identified include a fully independent board of directors, with 83% of members being independent, and a commendable program expense ratio of 94.22%. This suggests that the majority of funds are directed towards the organization's programs and services, which is a positive indicator for potential donors looking for efficiency and effective use of contributions. The organization also maintains essential policies such as conflict of interest and whistleblower policies, reinforcing its commitment to ethical operations.

However, while the overall rating reflects well on the charity's management and financial health, it is essential for potential supporters to consider the broader impact and outcomes of the organization’s initiatives, which are not detailed in the financial score alone. The single beacon score focuses primarily on fiscal responsibility, so further exploration of the charity's programmatic effectiveness and community engagement may be beneficial for a comprehensive understanding.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of The Carpenter Inc legitimate?

Friends Of The Carpenter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Carpenter 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: $74,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,279

For more financial information, click here


Official website here: www.friendsofthecarpenter.org

What is the mission statement of Friends Of The Carpenter Inc?

Friends of the Carpenter Inc's mission is centered around establishing positive and enduring relationships between the homeless population and volunteers from various faith communities. Their objective is to empower both the underprivileged individuals seeking a fresh start and the volunteers, enabling them to construct bridges of trust, hope, encouragement, accountability, and support. By fostering these relationships, the organization aims to help the homeless improve their stability, self-respect, and interdependence within a community of integrity.


Official website here: www.friendsofthecarpenter.org

Who is the CEO of Friends Of The Carpenter Inc?

Harry Smith is the President of Friends Of The Carpenter Inc.


Official website here: www.friendsofthecarpenter.org

What is the revenue of Friends Of The Carpenter Inc?

Friends Of The Carpenter Inc's revenue in 2022 was $1,012,586.


Official website here: www.friendsofthecarpenter.org

Who are the executives of Friends Of The Carpenter Inc and what are their salaries?

The average compensation at Friends Of The Carpenter Inc during 2022 was $33,773. There are 6 employees and 900 volunteers at Friends Of The Carpenter Inc.


Here are 6 key members and their salaries:


Tod Thayer (Executive Dir.)
  • Compensation: $74,360
  • Related: $0
  • Other: $0
Pat O'Neil (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Sich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Bass (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofthecarpenter.org

Where can I find the form 990 for Friends Of The Carpenter Inc?

Friends Of The Carpenter Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendsofthecarpenter.org

Learn more at the official website: www.friendsofthecarpenter.org

Mission Statement of Friends Of The Carpenter Inc

Friends of the Carpenter Inc, a ministry based on relationships, has a mission to foster positive and productive connections between the homeless community and volunteers from various faith communities. Their goal is to empower both the underprivileged individuals seeking a second chance and those with means and a desire to help, by creating a network of trust, hope, encouragement, accountability, and support. By doing so, Friends of the Carpenter aims to assist the homeless in improving their stability, self-respect, and interdependence within a community of integrity. The organization's ultimate objective is to help these individuals rebuild their lives with dignity and resilience.

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Impact




July, 2024

Friends Of The Carpenter Inc positively impacts the Vancouver, Washington metropolitan area by providing assistance to disenfranchised, homeless, and underemployed individuals. Through their ministry outreach, volunteers build positive and productive relationships between homeless persons and stable volunteers from communities of faith. This empowerment allows individuals to find ways to build relational bridges of trust, hope, encouragement, accountability, and support. The organization's goal is to improve stability, self-respect, and community interdependency for those in need, fostering a community of integrity. Their work in human services helps create opportunities for individuals to improve their lives and connect with support systems, ultimately leading to a more inclusive and compassionate community.




This information is meant to be a general summary of Friends Of The Carpenter 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.

Revenue
$1,012,586 (2022)
Expenses
$367,711 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $286,065
  • Program Service Revenue: $8,000
  • Gross Receipts: $1,139,759

Assets and Liabilities:

  • Total Assets: $1,215,799
  • Total Liabilities: $0
  • Net Assets: $1,215,799

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Transitional Housing

Revenue

$8,000

Organization Details

Founding Year

1998

Principal Officer

Harry Smith

Main Address

PO Box 65358, Vancouver, WA, 98665

NTEE Category

Code: P85 - Human services

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