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Foundation Of The Faithful Inc

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

EIN: 113570264 ✦ Fresh meadows, NY ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Of The Faithful Inc?

Foundation of the Faithful Inc, based in Fresh Meadows, New York, is a small-scale nonprofit organization dedicated to providing humanitarian aid to those in need and offering financial support to educational institutions. Their primary mission involves promoting education in underdeveloped countries and aiding victims of natural disasters. With a limited workforce of one individual, they strive to make a difference in the world through their charitable efforts.


Official website here: www.visitfof.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating. The Foundation Of The Faithful Inc demonstrates a solid performance overall, particularly with a high program expense ratio of 88.48%, indicating that a significant portion of its funds is directed towards its charitable programs. The organization boasts a fully independent board, which enhances its governance and accountability.

However, there are notable limitations in its accountability practices. The charity lacks a conflict of interest policy, whistleblower policy, and document retention guidelines, which raises concerns about transparency and internal controls. Additionally, the absence of the tax form on the nonprofit's website may hinder potential donors from accessing important financial information.

Overall, while the Foundation Of The Faithful Inc shows strengths in financial health and governance, it has room for improvement in its accountability measures to enhance trust and transparency among stakeholders.


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

Is Foundation Of The Faithful Inc legitimate?

Foundation Of The Faithful Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The Faithful 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: $21,600

For more financial information, click here


Official website here: www.visitfof.org

What is the mission statement of Foundation Of The Faithful Inc?

The Foundation of the Faithful Inc is dedicated to promoting education in underdeveloped countries and aiding those affected by natural disasters. In line with its mission, the organization provides humanitarian aid to those in need and offers financial support to educational institutions. Its primary objective is to improve access to education in third-world countries and provide assistance to those who have been affected by natural disasters.


Official website here: www.visitfof.org

Who is the CEO of Foundation Of The Faithful Inc?

Syed S Husain is the Treasurer of Foundation Of The Faithful Inc.


Official website here: www.visitfof.org

What is the revenue of Foundation Of The Faithful Inc?

Foundation Of The Faithful Inc's revenue in 2021 was $66,750.


Official website here: www.visitfof.org

Who are the executives of Foundation Of The Faithful Inc and what are their salaries?

The average compensation at Foundation Of The Faithful Inc during 2021 was $21,600. There is 1 employee at Foundation Of The Faithful Inc.


Here are 4 key members and their salaries:


Sharif A Sheikh (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dilshad Khawaja (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Younas Shahid (Secretary)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Syed S Husain (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.visitfof.org

Where can I find the form 990 for Foundation Of The Faithful Inc?

Foundation Of The Faithful Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.visitfof.org

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

Mission Statement of Foundation Of The Faithful Inc

The Foundation of the Faithful Inc is dedicated to promoting education in underdeveloped countries and providing aid to those affected by natural disasters. This nonprofit organization's mission is multifaceted, encompassing both the promotion of education and the assistance of victims in need. In the realm of education, the Foundation of the Faithful Inc seeks to support educational institutions in third-world countries. Beyond this, the organization extends its humanitarian efforts to those who have been impacted by natural disasters, offering them financial assistance. In summarizing, the Foundation of the Faithful Inc is a charitable entity that prioritizes education in underprivileged regions and offers aid to those affected by natural calamities.

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Impact




August, 2024

Foundation Of The Faithful Inc has a significant impact on promoting education in third world countries and providing humanitarian aid to the victims of natural disasters. Through their work, they provide crucial support to educational institutions and offer vital assistance to those in need. Their efforts help improve access to education and contribute to the rebuilding and recovery of communities affected by natural disasters. By focusing on education and humanitarian aid, Foundation Of The Faithful Inc is making a positive difference in the lives of many people around the world.




This information is meant to be a general summary of Foundation Of The Faithful 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
$66,750 (2021)
Expenses
$231,870 (2021)
Efficiency

Other financial information:

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

  • Program Service Revenue: $40,480
  • Gross Receipts: $66,750

Assets and Liabilities:

  • Total Assets: $105,195
  • Total Liabilities: $0
  • Net Assets: $105,195

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Organization Details

Founding Year

2000

Principal Officer

Syed S Husain

Main Address

179-10 69th AVENUE, FRESH MEADOWS, NY, 11365

NTEE Category

Code: B82 - Education

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