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The Favored Foundation For Strengthening Families

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

EIN: 463901875 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

Overview

What is The Favored Foundation For Strengthening Families?

The Favored Foundation for Strengthening Families, located in Saint Louis, Missouri (specifically at 5990 Page Blvd), is a nonprofit organization dedicated to enriching families. Their primary mission is to strengthen the family unit by encouraging involvement in collective activities. They achieve this goal through educational initiatives and facilitating access to community resources. By doing so, they aim to empower families to attain self-sufficiency and foster generational wealth. One of their significant programs is the Summer Food Program, which provides essential resources, including food, during school vacations. With a small team of 1 employee, this foundation is committed to making a positive impact on families in their community.


Official website here: www.foundationforstrengtheningfamilies.org

Is The Favored Foundation For Strengthening Families legitimate?

The Favored Foundation For Strengthening Families is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Favored Foundation For Strengthening Families 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.

Here are some key statistics you may want to consider:

Executive Compensation: $137,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.foundationforstrengtheningfamilies.org

What is the mission statement of The Favored Foundation For Strengthening Families?

The Favored Foundation for Strengthening Families' mission is centered around strengthening the family unit. They achieve this by encouraging family participation in activities and providing access to community resources. The primary goal is to assist families in attaining self-sufficiency and building wealth across generations. The organization's initiatives, such as the Summer Food Program, aim to provide necessary resources, including food, during school breaks, contributing to their mission.


Official website here: www.foundationforstrengtheningfamilies.org

Who is the CEO of The Favored Foundation For Strengthening Families?

Cortaiga Collins is the Executive Dir. of The Favored Foundation For Strengthening Families.


Official website here: www.foundationforstrengtheningfamilies.org

What is the revenue of The Favored Foundation For Strengthening Families?

The Favored Foundation For Strengthening Families's revenue in 2021 was $655,937.


Official website here: www.foundationforstrengtheningfamilies.org

Who are the executives of The Favored Foundation For Strengthening Families and what are their salaries?

The average compensation at The Favored Foundation For Strengthening Families during 2021 was $137,500. There are 1 employees and 50 volunteers at The Favored Foundation For Strengthening Families.

Here are 5 key members and their salaries:

    Cortaiga Collins (Executive Dir.)
  • Compensation: $137,500
  • Related: $0
  • Other: $0

    • Kia Ivy-Gibson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mahagony Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Motina Mullen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katina Kinnel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundationforstrengtheningfamilies.org

    Where can I find the form 990 for The Favored Foundation For Strengthening Families?

    The The Favored Foundation For Strengthening Families’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.foundationforstrengtheningfamilies.org

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

    Mission Statement of The Favored Foundation For Strengthening Families

    The Favored Foundation for Strengthening Families is dedicated to enhancing the family unit by encouraging active participation in family-oriented activities. This nonprofit organization strives to achieve self-sufficiency and foster generational wealth among families through education and access to community resources. Their mission is to strengthen families, helping them build a solid foundation for future generations. The Summer Food Program, aligning with this mission, provides essential resources, including food, during school vacations, contributing to the overall well-being and sustainability of families.

    Impact

    This information is meant to be a general summary of The Favored Foundation For Strengthening Families. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Favored Foundation For Strengthening Families positively impacts families by providing education, access to community resources, and promoting self-sufficiency and generational wealth. Specifically, their Summer Food Program helps families by offering food resources during periods when children are out of school. Through these initiatives, the organization plays a crucial role in strengthening family units and supporting their overall well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $648,246
  • Gross Receipts: $655,937

    • Assets and Liabilities:
  • Total Assets: $2,065,098
  • Total Liabilities: $2,263,551
  • Net Assets: -$198,453
  • Programs

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

    At-Risk Afterschool Prog

    Revenue

    $162,845

    Summer Food Service Prog

    Revenue

    $485,401

    Organization Details

    Founding Year

    2013

    Principal Officer

    Cortaiga Collins

    Main Address

    5990 Page Blvd, Saint Louis, MO, 63112

    NTEE Category

    Code: B21 - Education

    If you are a representative of The Favored Foundation For Strengthening Families and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.