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Multicultural Mosaic Foundation

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

EIN: 030515223 ✦ Aurora, CO ✦ Designated as a 501(c)(3)

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Overview

What is Multicultural Mosaic Foundation?

The Multicultural Mosaic Foundation is a dedicated nonprofit organization, headquartered unspecified, focused on fostering cultural, educational, and religious understanding. As a cultural and ethnic awareness advocate, they aim to broaden people's perspectives and foster inclusivity by promoting awareness in these three vital domains. The Foundation's mission is a testament to its commitment to bridging cultural divides and fostering a more harmonious and informed society.


Official website here: www.mosaicfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)

The Multicultural Mosaic Foundation has received a low rating of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The charity has no independent board members, which is a critical factor affecting its governance score. Policies that ensure transparency and ethical operations, such as conflict of interest and whistleblower protections, are notably absent.

Despite some positive markers, such as no material diversion of assets and a favorable liabilities to assets ratio, the overall performance in accountability remains insufficient. Additionally, the program expense ratio shows that only 56.24% of its expenditures are directed towards program services, suggesting potential inefficiencies in resource allocation.

The lack of documented board meeting minutes further compounds these issues, highlighting a need for improved governance practices. Overall, the foundation faces challenges in transparency and governance that may affect its effectiveness and trustworthiness among stakeholders.


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

Is Multicultural Mosaic Foundation legitimate?

Multicultural Mosaic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Multicultural Mosaic Foundation 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


Official website here: www.mosaicfoundation.org

What is the mission statement of Multicultural Mosaic Foundation?

The Multicultural Mosaic Foundation, functioning as a cultural and ethnic awareness organization, is dedicated to fostering a deeper understanding of various cultures and religions. This is accomplished through their educational initiatives and activities, aiming to promote cultural awareness and religious tolerance. Their mission is to contribute positively to societal harmony by bridging cultural gaps and encouraging open-mindedness.


Official website here: www.mosaicfoundation.org

Who is the CEO of Multicultural Mosaic Foundation?

Sevde Acabay Oguc is the President of Multicultural Mosaic Foundation.


Official website here: www.mosaicfoundation.org

What is the revenue of Multicultural Mosaic Foundation?

Multicultural Mosaic Foundation's revenue in 2022 was $49,266.


Official website here: www.mosaicfoundation.org

Who are the executives of Multicultural Mosaic Foundation and what are their salaries?


Here are 5 key members and their salaries:


Sevde Acabay Oguc (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Otsuka (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yavuz Numan Karabiyik (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonita Bock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mustafa Pardane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mosaicfoundation.org

Where can I find the form 990 for Multicultural Mosaic Foundation?

Multicultural Mosaic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mosaicfoundation.org

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

Mission Statement of Multicultural Mosaic Foundation

The Multicultural Mosaic Foundation is dedicated to fostering cultural, educational, and religious understanding and awareness. As a cultural and ethnic consciousness organization, its mission is to actively promote these aspects in various capacities. By working in these domains, the foundation aims to bridge cultural gaps and foster a more inclusive and understanding society.

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Impact




August, 2024

Multicultural Mosaic Foundation has had a significant impact on promoting cultural understanding, education, and religious awareness in Aurora, Colorado. Through its activities and initiatives, the organization plays a crucial role in fostering a more inclusive and diverse community. Its focus on cultural, educational, and religious awareness has helped bridge gaps between different ethnicities and faiths, allowing for greater mutual respect and understanding. By serving as a cultural and ethnic awareness organization, Multicultural Mosaic Foundation contributes to creating a vibrant and harmonious society in Aurora.




This information is meant to be a general summary of Multicultural Mosaic Foundation. 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
$49,266 (2022)
Expenses
$92,955 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $8,827
  • Gross Receipts: $49,266

Assets and Liabilities:

  • Total Assets: $927,913
  • Total Liabilities: $36,145
  • Net Assets: $891,768

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Programs

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

Class income

Revenue

$8,486

Returned fees

Revenue

$341

Organization Details

Founding Year

2003

Principal Officer

Sevde Acabay Oguc

Main Address

14232 E EVANS AVE, AURORA, CO, 800141432

NTEE Category

Code: A23 - Arts

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