Overview
What is My Family Inc?
My Family Inc, located at 6011 Troon Lane SE, Olympia, WA 98501, is a dedicated nonprofit organization that provides residential housing for three individuals with physical and mental disabilities. Their primary mission is to operate a care facility, ensuring the well-being and support of these individuals. The organization is committed to making a significant impact in their community by providing a safe and nurturing environment for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
My Family Inc has received a rating of 53%, which translates into a One-Star designation, primarily driven by its Accountability & Finance score. This score reflects concerns over governance practices, particularly with the board composition and missing policies that are crucial for transparency and ethical operations.
The organization has demonstrated a strong commitment to its programming, as indicated by a program expense ratio of 78.41%, suggesting that a significant portion of its funds is directed toward its mission. However, the lack of independent board members and missing governance documents—including a conflict of interest policy—significantly impact its overall score, highlighting a need for improvement in accountability practices.
While My Family Inc has not reported any material diversions of assets, the absence of key policies and the low percentage of independent board membership raises concerns regarding its operational transparency. Addressing these issues could help strengthen its rating in the future and enhance its credibility with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is My Family Inc legitimate?
My Family Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Family 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
For more financial information, click here
What is the mission statement of My Family Inc?
My Family Inc is dedicated to providing a care facility for individuals who are physically and mentally handicapped. Their mission is to offer a residential living space that caters to the needs of three disabled residents. By doing so, they aim to contribute positively to their residents' well-being and quality of life. The organization's focus is on ensuring a safe, supportive, and nurturing environment for the individuals under their care. My Family Inc's mission reflects a commitment to empowering and enabling these individuals to lead fulfilling lives despite their challenges.
Who is the CEO of My Family Inc?
Don Tierney is the President of My Family Inc.
What is the revenue of My Family Inc?
My Family Inc's revenue in 2022 was $78,097.
Who are the executives of My Family Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 My Family Inc?
My Family Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of My Family Inc
My Family Inc, a nonprofit organization, is committed to providing a care facility for individuals who are physically and mentally handicapped. Their mission is to offer residential housing, creating a safe and supportive environment for these individuals. Specifically, as per the available data, My Family Inc currently houses three disabled residents, demonstrating their dedication to providing essential care and support. The organization's focus is on ensuring that these individuals can live with dignity and comfort, providing them with the necessary care and attention they require.
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Impact
August, 2024
My Family Inc provides residential housing for three disabled residents in Olympia, WA. Their impact lies in offering care and support for physically and mentally handicapped individuals, ensuring they have a safe and comfortable place to live. By providing this vital service, My Family Inc contributes to enhancing the quality of life for those with disabilities and supporting their well-being.
This information is meant to be a general summary of My Family 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: $53,804
- Program Service Revenue: $17,700
- Gross Receipts: $201,129
Assets and Liabilities:
- Total Assets: $620,552
- Total Liabilities: $125,178
- Net Assets: $495,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$17,700
Organization Details
Founding Year
1987
Phone
(360) 491-7140Principal Officer
Don Tierney
Main Address
6011 TROON LANE SE, OLYMPIA, WA, 985015176
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