Overview
What is Asi - A Shared Initiative Inc?
Asi - A Shared Initiative Inc, situated in Metairie, Louisiana, is a dedicated nonprofit organization that aims to expand access to crucial community services and financial education. By providing housing counseling and financial education, they strive to empower individuals and families to navigate their financial situation more effectively. Their mission is deeply rooted in the belief that everyone deserves access to vital resources that can contribute to their overall well-being.
Official website here: www.asharedinitiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Asi - A Shared Initiative Inc has received a solid 83% rating, indicating a commendable level of accountability and financial health. The organization scores particularly well in areas such as having a fully independent board and a strong program expense ratio of 95.50%. This suggests that a significant portion of their budget is directed towards their programs rather than administrative costs.
The organization also has robust policies in place, including a conflict of interest policy and transparency in documenting board meeting minutes. However, there are noted weaknesses in their governance practices, as they are missing policies related to whistleblower protections and document retention and destruction. Addressing these gaps could enhance their overall governance framework and provide additional assurance to stakeholders.
Overall, while Asi - A Shared Initiative Inc demonstrates strong financial practices and board governance, the absence of certain policies indicates areas for improvement. Continued focus on enhancing their governance can help further solidify their reputation and effectiveness in serving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Asi - A Shared Initiative Inc legitimate?
Asi - A Shared Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asi - A Shared Initiative 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
For more financial information, click here
Official website here: www.asharedinitiative.org
What is the mission statement of Asi - A Shared Initiative Inc?
Asi - A Shared Initiative Inc's mission is centered around expanding access to essential financial education and crucial community services. In pursuit of this objective, the organization strives to make these resources widely available. According to their activities, they offer housing counseling and financial education to individuals in need. Their mission is to promote financial literacy and ensure that vital community services are within reach for all.
Official website here: www.asharedinitiative.org
Who is the CEO of Asi - A Shared Initiative Inc?
Candace Washington is the Chair of Asi - A Shared Initiative Inc.
Official website here: www.asharedinitiative.org
What is the revenue of Asi - A Shared Initiative Inc?
Asi - A Shared Initiative Inc's revenue in 2022 was $25,224.
Official website here: www.asharedinitiative.org
Who are the executives of Asi - A Shared Initiative Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $114,982
- Other: $25,969
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $58,761
- Other: $19,747
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.asharedinitiative.org
Where can I find the form 990 for Asi - A Shared Initiative Inc?
Asi - A Shared Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asharedinitiative.org
Learn more at the official website: www.asharedinitiative.org
Mission Statement of Asi - A Shared Initiative Inc
Asi - A Shared Initiative Inc, a nonprofit organization, is committed to a mission of expanding access to financial education and essential community services. The primary objective of this organization is to make these essential resources more readily available to the public. By providing housing counseling and financial education, Asi - A Shared Initiative Inc seeks to empower individuals and communities, helping them navigate financial challenges and access vital resources. This mission is crucial in fostering financial stability and resilience among its target population.
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Impact
August, 2024
Asi - A Shared Initiative Inc has had a significant impact by expanding access to financial education and vital community services. Through their housing counseling and financial education programs, Asi has empowered individuals and families in Metairie, Louisiana to make informed financial decisions and improve their overall well-being. By providing these essential services, Asi has effectively strengthened the financial stability and resilience of the community, fulfilling its mission to expand access to financial education and vital community services.
This information is meant to be a general summary of Asi - A Shared Initiative 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: $17,866
- Gross Receipts: $25,224
Assets and Liabilities:
- Total Assets: $2,911,523
- Total Liabilities: $0
- Net Assets: $2,911,523
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Organization Details
Founding Year
2005
Phone
(504) 733-1733Principal Officer
Candace Washington
Main Address
3131 N I-10 SERVICE RD E, METAIRIE, LA, 70002
Website
www.asharedinitiative.orgNTEE Category
Code: P60 - Human services
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