Overview
What is Everest Association For Family Enrichment Inc?
Everest Association for Family Enrichment Inc is a nonprofit organization that focuses on nurturing virtues and character in young individuals. Functioning as a philanthropic, volunteer-driven, and grant-giving entity, they primarily support a singular organization. Their mission is to foster the development of moral values and good character in the youth they serve. Their activities are geared towards promoting philanthropy, volunteering, and providing financial assistance to this specific organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars
Everest Association For Family Enrichment Inc has received a low rating of 40%, which equates to a Zero-Star out of Four Star rating. This overall score is derived solely from its Accountability & Finance metrics, indicating significant concerns regarding its financial practices. The organization performed well in areas such as having a majority of independent board members and a conflict of interest policy, scoring full points in these categories. However, critical shortcomings in the whistleblower policy and document retention policy have negatively impacted its overall financial accountability.
The charity's financial ratios also raise concerns; a liabilities to assets ratio of 15.03% and a program expense ratio of only 26.64% suggest that a considerable portion of its funds may not be directed towards programmatic activities, which is further evidenced by the overall low program expense score. This indicates potential issues with operational efficiency and effective use of donations, which could affect donor trust and confidence.
In summary, while Everest Association For Family Enrichment Inc has some strengths in governance, its significant financial accountability issues and low program expenditure raise important questions about its operational health and commitment to its mission. Potential donors may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Everest Association For Family Enrichment Inc legitimate?
Everest Association For Family Enrichment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Everest Association For Family Enrichment 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 Everest Association For Family Enrichment Inc?
The Everest Association for Family Enrichment Inc. is dedicated to fostering virtue and character in young individuals. In addition to this, it functions as a philanthropic organization, focusing on voluntarism and grantmaking, providing assistance to a solitary organization. The association's primary goal is to cultivate positive values and character traits in the youth population.
Who is the CEO of Everest Association For Family Enrichment Inc?
Paul Carbonaro is the Secretary/Tr of Everest Association For Family Enrichment Inc.
What is the revenue of Everest Association For Family Enrichment Inc?
Everest Association For Family Enrichment Inc's revenue in 2022 was $57,873.
Who are the executives of Everest Association For Family Enrichment Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Everest Association For Family Enrichment Inc?
Everest Association For Family Enrichment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Everest Association For Family Enrichment Inc
Everest Association for Family Enrichment Inc is committed to fostering virtue and character in youth. This nonprofit organization functions as a philanthropic entity, promoting voluntarism and grantmaking. It primarily supports a single organization, channeling its efforts towards shaping the moral and ethical values of the younger generation. By doing so, Everest Association for Family Enrichment Inc aims to contribute positively to the development of well-rounded, responsible individuals.
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Impact
October, 2024
Everest Association For Family Enrichment Inc has a significant impact by focusing on the development of virtue and character in youth. Through its philanthropic efforts, it nurtures essential values and qualities in young individuals, fostering resilience, integrity, and social responsibility. By providing targeted support and resources, the organization empowers youth to grow into morally grounded adults, contributing positively to their communities. Its work not only enriches individual lives but also strengthens the broader community fabric, promoting a culture of altruism and community engagement. The commitment to virtuous development cultivates future leaders who are mindful of their responsibilities to themselves and to society.
This information is meant to be a general summary of Everest Association For Family Enrichment 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: $57,873
Assets and Liabilities:
- Total Assets: $1,472,602
- Total Liabilities: $252,659
- Net Assets: $1,219,943
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Organization Details
Founding Year
2000
Phone
(315) 258-9083Principal Officer
Paul Carbonaro
Main Address
PO BOX 833, AUBURN, NY, 13021
NTEE Category
Code: T110 - Philanthropy
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