Overview
What is The Finlandia Foundation New York Metropolitan Chapter Inc?
The Finlandia Foundation New York Metropolitan Chapter Inc is a nonprofit organization situated in Rye, New York. Their primary mission is to foster cultural exchange between Finland and the United States. They achieve this by supporting, preserving, and cultivating Finnish culture within the American society. One of their notable initiatives is The Finlandia School, an educational program for children of the foundation's members. This program aims to preserve Finnish heritage and language, as well as the unique traditions of Finnish culture. In 2022, the theme was sustainability, with the children engaging in various projects using recycled household items. The highlight of the year was their participation in the Young European Heritage Makers Competition, where they won the age group award in Finland and on the European level. This nonprofit organization employs a team of ten individuals.
Official website here: www.finlandiafoundationny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Finlandia Foundation New York Metropolitan Chapter Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83% based solely on its Accountability & Finance metrics. This score indicates a strong commitment to financial integrity and transparency, making it a reliable choice for donors concerned about the efficient use of their contributions.
The organization excels in key areas such as having a fully independent board, with 15 independent members contributing to its governance. It has also demonstrated responsible financial practices, with a low liabilities-to-assets ratio of 0.05% and a notable program expense ratio of 75.58%, indicating that a significant portion of its budget is allocated directly to its programs and mission.
However, there are a couple of areas where the organization could improve. While it has a well-defined conflict of interest policy and maintains proper documentation of board meeting minutes, it lacks a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance its accountability further and increase trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Finlandia Foundation New York Metropolitan Chapter Inc legitimate?
The Finlandia Foundation New York Metropolitan Chapter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Finlandia Foundation New York Metropolitan Chapter 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:
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Other Salaries and Wages: $14,833
For more financial information, click here
Official website here: www.finlandiafoundationny.org
What is the mission statement of The Finlandia Foundation New York Metropolitan Chapter Inc?
The Finlandia Foundation New York Metropolitan Chapter Inc's mission is centered around fostering cultural exchange between Finland and the United States. In essence, their mission is to support, preserve, and cultivate Finnish culture within the American context. This organization takes active steps to promote Finnish heritage, language, and traditions, ensuring they remain vibrant and relevant in the United States.
One of the ways they achieve this is through extracurricular programs, such as the Finnish School, which caters to the children of its members. The aim of this school is to safeguard the Finnish heritage and language, as well as the unique traditions of Finnish culture. In 2022, the theme for the Finnish School was sustainability, and the children engaged in various projects using recycled household items.
The Finnish School's highlight of the year was their participation in the Young European Heritage Makers Competition. Their efforts were rewarded when they won the age group award in Finland and were recognized on the European level. This success underscores the foundation's commitment to preserving and celebrating Finnish culture within the United States.
Official website here: www.finlandiafoundationny.org
What is the revenue of The Finlandia Foundation New York Metropolitan Chapter Inc?
The Finlandia Foundation New York Metropolitan Chapter Inc's revenue in 2024 was $90,813.
Official website here: www.finlandiafoundationny.org
Who are the executives of The Finlandia Foundation New York Metropolitan Chapter Inc and what are their salaries?
The average compensation at The Finlandia Foundation New York Metropolitan Chapter Inc during 2024 was $1,854. There are 8 employees and 17 volunteers at The Finlandia Foundation New York Metropolitan Chapter Inc.
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Official website here: www.finlandiafoundationny.org
Where can I find the form 990 for The Finlandia Foundation New York Metropolitan Chapter Inc?
The Finlandia Foundation New York Metropolitan Chapter Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.finlandiafoundationny.org
Learn more at the official website: www.finlandiafoundationny.org
Mission Statement of The Finlandia Foundation New York Metropolitan Chapter Inc
The Finlandia Foundation New York Metropolitan Chapter Inc is dedicated to fostering cultural exchange between Finland and the United States of America. Their primary mission is to support, preserve, and cultivate Finnish culture within the American context. To achieve this, they implement various programs, one of which is an extracurricular program for the children of its members. This initiative, known as The Finnish School, aims to maintain the Finnish heritage, language, and unique traditions of Finnish culture. In 2022, the theme was sustainability, and the children engaged in various projects using recycled household items. The highlight of the year was their participation in the Young European Heritage Makers Competition. The Finnish School of NY emerged victorious in its age group, and the achievement was celebrated on both a national and European level.
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Impact
August, 2024
The Finlandia Foundation New York Metropolitan Chapter Inc's impact is significant in promoting cultural exchange between Finland and the United States. Through programs like The Finnish School, which is dedicated to preserving Finnish heritage, language, and cultural traditions, the organization plays a vital role in nurturing a sense of identity and connection for Finnish Americans. In 2022, the theme of sustainability was highlighted, with children engaging in projects using recycled household items. The participation and success of the Finnish School in the Young European Heritage Makers competition further demonstrate the organization's commitment to preserving and celebrating Finnish culture.
This information is meant to be a general summary of The Finlandia Foundation New York Metropolitan Chapter 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 2024.
- Investment Income: $18,735
- Program Service Revenue: $24,475
- Gross Receipts: $140,269
Assets and Liabilities:
- Total Assets: $685,731
- Total Liabilities: $498
- Net Assets: $685,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$24,475
Organization Details
Founding Year
1954
Principal Officer
Eero Kilpi
NTEE Category
Code: A230 - Arts
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