Overview
What is The American Friends Of Stowe Inc?
The American Friends of Stowe Inc, established in Brooklyn, New York, is a nonprofit organization dedicated to providing financial assistance to educational and cultural institutions. They carry out this mission through the practice of religion-based fundraising and distribution. Their primary activity involves dispensing grants to these institutions, thereby contributing to the enrichment of various educational and cultural sectors.
Official website here: www.americanfriendsofstowe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The American Friends of Stowe Inc has received a two-star rating on Charity Navigator, indicating room for improvement in its overall accountability and transparency practices. While the organization boasts a fully independent board and operates with a high program expense ratio of 98.29%, which reflects a strong commitment to its mission, it faces some critical gaps in governance policies.
Key strengths include a fully independent board with no material diversion of assets, ensuring that resources are directed towards its programs effectively. However, the absence of critical policies such as a whistleblower policy and document retention and destruction policies raises concerns about internal governance and oversight.
Additionally, the organization has not made its tax form readily available on its website, which could hinder transparency and public trust. While the high percentage of program expenses indicates effective use of funds, the missing policies may affect stakeholders' perceptions of the nonprofit's overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The American Friends Of Stowe Inc legitimate?
The American Friends Of Stowe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Friends Of Stowe 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.americanfriendsofstowe.org
What is the mission statement of The American Friends Of Stowe Inc?
The American Friends Of Stowe Inc, in its mission, focuses on distributing grants to educational and cultural institutions. This is achieved through their religious fundraising and fund distribution activities. They operate with the aim of supporting these institutions financially, contributing to the advancement of education and culture. The organization's efforts are not limited to a specific location, making a positive impact on various educational and cultural institutions.
Official website here: www.americanfriendsofstowe.org
Who is the CEO of The American Friends Of Stowe Inc?
Noah Walley is the Director, Secretary of The American Friends Of Stowe Inc.
Official website here: www.americanfriendsofstowe.org
What is the revenue of The American Friends Of Stowe Inc?
The American Friends Of Stowe Inc's revenue in 2022 was $944,381.
Official website here: www.americanfriendsofstowe.org
Who are the executives of The American Friends Of Stowe Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.americanfriendsofstowe.org
Where can I find the form 990 for The American Friends Of Stowe Inc?
The American Friends Of Stowe Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanfriendsofstowe.org
Learn more at the official website: www.americanfriendsofstowe.org
Mission Statement of The American Friends Of Stowe Inc
The American Friends of Stowe Inc is an organization dedicated to providing financial support to educational and cultural institutions. Through their religion-oriented fundraising and distribution efforts, they distribute grants to various institutions in their mission to enrich and enlighten communities. By channeling resources towards education and culture, this nonprofit aims to make a significant impact on the intellectual and creative landscapes, thereby contributing to a more vibrant and enriched society.
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Impact
October, 2024
The American Friends Of Stowe Inc significantly impacts the educational and cultural landscape in Brooklyn, NY, by providing vital grants to various institutions. Through its focus on religion-related fundraising and fund distribution, it supports initiatives that enhance learning and cultural enrichment in the community. These grants play a crucial role in fostering educational programs, arts initiatives, and cultural events, thereby contributing to the overall vibrancy and diversity of the local community. By bridging resources and opportunities, The American Friends Of Stowe empowers schools, cultural organizations, and religious institutions to further their missions and serve the public effectively.
This information is meant to be a general summary of The American Friends Of Stowe 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.
- Investment Income: $40
- Gross Receipts: $944,381
Assets and Liabilities:
- Total Assets: $156,113
- Total Liabilities: $0
- Net Assets: $156,113
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Organization Details
Founding Year
2003
Phone
(919) 357-0819Principal Officer
Noah Walley
Main Address
CO RODERICK MORRISON 391 SIXTH AVE, BROOKLYN, NY, 11215
NTEE Category
Code: B90 - Education
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