Overview
What is Harmony Foundation Inc?
Harmony Foundation Inc, located in Rye, New York, is a nonprofit organization with a mission to aid immigrants from post-communist countries in integrating into American society. They accomplish this by promoting their cultural endeavors and preserving their cultural and ethnic heritage. The foundation provides assistance to individuals both in the United States and in their home countries. Their activities primarily focus on supporting the integration process of these immigrants, ensuring a smooth transition into American society while maintaining their rich cultural backgrounds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (53%)
Harmony Foundation Inc received a low rating of 53%, reflecting significant concerns about its accountability and transparency practices. The organization's lack of independent board members and missing essential governance policies has contributed to this rating. While the absence of material asset diversion is a positive note, the failure to provide a public website and necessary documentation raises red flags for potential donors.
Despite these issues, Harmony Foundation Inc demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 94.19%. This suggests that the majority of its resources are directed towards its programs rather than administrative costs. However, the overall score indicates that improvements in governance and transparency are crucial for enhancing donor trust and organizational credibility.
In summary, while Harmony Foundation Inc shows effectiveness in program spending, the significant gaps in accountability and governance must be addressed to improve its rating and foster donor confidence. The lack of basic operational policies and independent oversight could hinder future funding opportunities and impact its overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Harmony Foundation Inc legitimate?
Harmony Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harmony Foundation 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
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What is the mission statement of Harmony Foundation Inc?
The Harmony Foundation Inc's mission is centered around aiding immigrants from post-communist countries by facilitating their integration into U.S. society. This is achieved through the promotion of their cultural endeavors and the preservation of their cultural and ethnic heritage. The organization plays a significant role in supporting these individuals, enabling them to maintain their cultural identity while integrating into their new environment.
Who is the CEO of Harmony Foundation Inc?
Marta Kotyza is the Treasurer of Harmony Foundation Inc.
What is the revenue of Harmony Foundation Inc?
Harmony Foundation Inc's revenue in 2022 was $25,252.
Who are the executives of Harmony Foundation 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 Harmony Foundation Inc?
Harmony Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Harmony Foundation Inc
Harmony Foundation Inc, a nonprofit organization, is dedicated to assisting immigrants hailing from post-communist countries in integrating into American society. The foundation achieves this goal by promoting the cultural pursuits of these immigrants and preserving their cultural and ethnic heritage. By doing so, Harmony Foundation Inc aims to help these individuals maintain a strong sense of identity while navigating their new environment. The organization's mission is to foster a sense of belonging and support for these immigrants, ensuring they can thrive in their new home while retaining their cultural roots.
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Impact
August, 2024
Harmony Foundation Inc's impact can be seen in its dedicated efforts to aid immigrants from post-communist countries in their integration into U.S. society. By focusing on promoting their cultural endeavors and supporting the maintenance of their cultural and ethnic heritage, the organization plays a crucial role in facilitating the transition and assimilation of these individuals into American society. Through its activities and programs, Harmony Foundation Inc contributes to fostering a sense of belonging, cultural pride, and community among immigrants from post-communist countries, ultimately enriching the cultural landscape of the United States.
This information is meant to be a general summary of Harmony Foundation 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.
- Gross Receipts: $25,252
Assets and Liabilities:
- Total Assets: $24,575
- Total Liabilities: $0
- Net Assets: $24,575
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Organization Details
Founding Year
2001
Phone
(914) 921-6805Principal Officer
Marta Kotyza
Main Address
121 WAPPANOCCA AVENUE, RYE, NY, 10580
NTEE Category
Code: A68 - Arts
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