Overview
What is Morgan Auto Group Helping Hand Fund?
The Morgan Auto Group Helping Hand Fund is a charitable initiative that organizes and conducts events to raise funds for employee support programs and eligible nonprofit organizations. By obtaining sponsorships, selling tables, and accepting in-kind gifts, the fund aims to cover event expenses. Once these costs are covered, the remaining funds are allocated to assist Morgan Auto Group employees who require financial aid. The Helping Hand Fund's mission is to foster a supportive environment within the organization and contribute to the betterment of its team members in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Morgan Auto Group Helping Hand Fund has received a rating of 63%, indicating a need for improvement in certain areas of accountability and finance. The organization has demonstrated strong governance with a fully independent board, scoring 10 out of 10 in that category, and has shown a solid commitment to program expenses with a perfect score in that area, suggesting effective use of funds allocated for programs.
However, the organization has significant gaps in its transparency practices. It received zero points in critical areas such as website compliance with tax forms, conflict of interest policies, and whistleblower protections. These shortcomings may raise concerns among potential donors regarding the fund's overall governance and operational integrity.
While the fund appears to manage its assets effectively, as evidenced by a favorable liabilities to assets ratio, the lack of publicly accessible documents and policies can detract from its credibility. The organization would benefit from addressing these transparency issues to enhance trust and confidence among stakeholders and contributors.
This AI summary has been generated from information found on Charity Navigator.
Is Morgan Auto Group Helping Hand Fund legitimate?
Morgan Auto Group Helping Hand Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgan Auto Group Helping Hand Fund 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
What is the mission statement of Morgan Auto Group Helping Hand Fund?
The Morgan Auto Group Helping Hand Fund's primary mission is to organize and host events to raise funds. These funds are primarily intended for employee assistance programs and nonprofit organizations categorized as 501 C 3. The fund welcomes sponsorships, table sales, and in-kind gifts to help finance these events. Once the event expenses are covered, the remaining funds are utilized to aid employees in need of financial assistance. The fund's activities are geared towards supporting various programs, ensuring that financial hardships within the employee community are alleviated.
Who is the CEO of Morgan Auto Group Helping Hand Fund?
Brett A Morgan is the President of Morgan Auto Group Helping Hand Fund. The CEO's salary of Morgan Auto Group Helping Hand Fund is $0 and their total compensation is $0.
What is the revenue of Morgan Auto Group Helping Hand Fund?
Morgan Auto Group Helping Hand Fund's revenue in 2022 was $464,557.
Who are the executives of Morgan Auto Group Helping Hand Fund and what are their salaries?
Here are 2 key members and their salaries (Morgan Auto Group Helping Hand Fund's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Morgan Auto Group Helping Hand Fund?
Morgan Auto Group Helping Hand Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Morgan Auto Group Helping Hand Fund
The Morgan Auto Group Helping Hand Fund is committed to planning and hosting events aimed at raising funds for employee assisting programs and eligible nonprofit organizations classified as 501 C 3. The fund actively seeks sponsorships, table sales, and in-kind gifts to support these events. Upon covering the expenses of the events, the remaining funds are allocated to aid employees who find themselves in financial need. The Morgan Auto Group Helping Hand Fund serves as a vital resource for its workforce, extending a helping hand during challenging times. By hosting these events and managing the resulting funds effectively, the organization demonstrates a strong sense of community and compassionate corporate responsibility.
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Impact
July, 2024
The Morgan Auto Group Helping Hand Fund has made a significant impact by planning and hosting events to raise funds for employee assisting programs and nonprofit organizations. Through receiving sponsorships, table sales, and in-kind gifts, the fund has been able to support important causes and initiatives in the community. By prioritizing the financial well-being of employees in need, the fund has provided essential assistance to those facing challenges. This commitment to helping others underscores the positive impact the Morgan Auto Group Helping Hand Fund has had in its mission to support human services and make a difference in the lives of individuals in need.
This information is meant to be a general summary of Morgan Auto Group Helping Hand Fund. 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: $3,670
- Gross Receipts: $464,557
Assets and Liabilities:
- Total Assets: $697,466
- Total Liabilities: $0
- Net Assets: $697,466
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Organization Details
Founding Year
2006
Phone
(813) 936-3125Principal Officer
Brett A Morgan
Main Address
3031 NORTH ROCKY POINT DR W 770, TAMPA, FL, 33604
NTEE Category
Code: P20 - Human services
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