Favor Inc
- Assets
- $428.0k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 31
- Location
- Wethersfield, CT
- Founding
- 10/2002
- Data as of
- 06/2022
- EIN
- 30-0110638
Organization Overview
Favor Inc is located in Wethersfield, CT. The organization was established in 2002. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Favor Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Favor Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Favor Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE AND AMPLIFY THE POWER OF CONNECTICUT'S DIVERSE FAMILIES WHO HAVE CHILDREN WITH BEHAVIORAL AND MENTAL HEALTH CHALLENGES TO LEAD AND TRANSFORM THE CHILDREN'S SERVICE SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAVOR PROVIDES ONGOING TRAINING, ADVOCACY, AND TECHNICAL ASSISTANCE THROUGH ITS FAMILIY SYSTEMS MANAGEMENT, FAMILY PEER SUPPORT AND MEDICAL HOME PROGRAMS THAT TOUCH OVER 5,000 FAMILIES PER YEAR. WORKING WITH AN EXTENSIVE NETWORK OF INDIVIDUALS, FAMILIES, SERVICE PROVIDERS, EDUCATIONAL INSTITUTIONS, MEDICAL PROFESSIONALS, AND LEGISLATORS, FAVOR DEVELOPS FAMILY LEADERS WHO WORK TO IMPROVE CHILDREN'S MENTAL HEALTH SERVICE DELIVERY IN THEIR COMMUNITIES AND ACROSS THE STATE.
FAVOR'S FAMILY PEER SUPPORT SPECIALIST PROVIDE DIRECTOR SERVICES TO OVER 500 FAMILIES ANNUALLY. USING A WRAPAROUND APPROACH, THEY WORK WITH FAMILIES TO HELP THEM LEARN TO WORK EFFECTIVELY WITH SCHOOLS AND OTHER SERVICE PROVIDERS SO THAT THEY CAN LEARN TO NAVIGATE SERVICE SYSTEMS AND OBTAIN SERVICES THAT THE CHILDREN WITH MENTAL AND BEHAVIORAL HEALTH CHALLENGES NEED TO SUCCEED IN LIFE.
FAVOR COORDINATES TWO OF THE THREE FEDERALLY MANDATED CITIZEN REVIEW PANELS WITH FUNDING FROM THE DEPARTMENT OF CHILDREN AND FAMILIES. CITIZENS ARE RECRUITED TO REVIEW CHILD WELFARE POLICY AND PRACTICE AND MAKE RECOMMENDATIONS TO THE COMMISSIONER ABOUT HOW TO IMPROVE CHILD PROTECTIVE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Porteous Chair | OfficerTrustee | 1 | $0 |
Penelope Petzold Vice Chair | OfficerTrustee | 1 | $0 |
Spring Raymond Treasurer | OfficerTrustee | 1 | $0 |
Aldwin Thomas Allen Board Member | Trustee | 1 | $0 |
Andre Spence Board Member | Trustee | 1 | $0 |
Roselyn Roz Pace Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,370,737 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,370,737 |
| Total Program Service Revenue | $0 |
| Investment income | $55 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,371,840 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $203,583 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,222 |
| Compensation of current officers, directors, key employees. | $3,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,316,003 |
| Pension plan accruals and contributions | $63,936 |
| Other employee benefits | $87,754 |
| Payroll taxes | $134,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $502 |
| Fees for services: Accounting | $74,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,500 |
| Advertising and promotion | $6,964 |
| Office expenses | $14,771 |
| Information technology | $144,760 |
| Royalties | $0 |
| Occupancy | $51,796 |
| Travel | $33,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,723 |
| Interest | $2,919 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,627 |
| Insurance | $10,657 |
| All other expenses | $65,786 |
| Total functional expenses | $2,366,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350,976 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $55,642 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,678 |
| Net Land, buildings, and equipment | $14,360 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,373 |
| Total assets | $428,029 |
| Accounts payable and accrued expenses | $133,462 |
| Grants payable | $0 |
| Deferred revenue | $121,847 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $86,226 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $17,005 |
| Other liabilities | $0 |
| Total liabilities | $358,540 |
| Net assets without donor restrictions | $69,489 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $428,029 |