Overview
What is The Steadfast Foundation?
The Steadfast Foundation is a nonprofit organization, situated in East Lansing, Michigan, with a mission to support and empower communities. They primarily focus on providing funds for charitable, educational, and scientific purposes, benefiting various organizations within the United States. One of their primary objectives is to aid young individuals battling cancer, offering them crucial assistance during their journey. Additionally, The Steadfast Foundation extends its support to young people facing mobility challenges, helping them expand their horizons and overcome their limitations. The foundation's activities often involve visits to hospitals, where Mr. Miller offers encouragement and moral support to patients.
Official website here: www.thesteadfastfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%, Zero-Star out of Four Star Rating.
The Steadfast Foundation has received a low rating of 29%, reflecting significant concerns regarding its accountability and financial practices. The rating is derived entirely from one beacon score focused on these aspects. Notably, the foundation has no independent board members, which raises questions about governance and oversight. While it has some positive attributes, such as having a conflict of interest policy and documentation of board meeting minutes, the lack of a whistleblower policy and missing documentation on document retention detracts from its overall score.
Financially, the organization shows a concerning liabilities to assets ratio of 115.95%, indicating that its liabilities exceed its assets. Additionally, the program expense ratio is 55.14%, suggesting that less than half of the expenses are directed towards its programs. Although the organization listed its website on its tax form, it failed to post its tax documents on the nonprofit's website, further affecting transparency. Overall, these factors contribute to a serious need for improvement in both governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Steadfast Foundation legitimate?
The Steadfast Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Steadfast Foundation 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.thesteadfastfoundation.com
What is the mission statement of The Steadfast Foundation?
The Steadfast Foundation is committed to supporting charitable, educational, and scientific purposes, particularly focusing on assisting young individuals battling cancer and those with mobility challenges. The foundation's mission is to expand the horizons of young people with mobility challenges. It achieves this by providing funds to various organizations, connecting people with necessary information and resources to foster healthy and safe communities. Regular hospital visits by the foundation's representatives serve to offer support and encouragement to patients battling cancer.
Official website here: www.thesteadfastfoundation.com
What is the revenue of The Steadfast Foundation?
The Steadfast Foundation's revenue in 2021 was $30,588.
Official website here: www.thesteadfastfoundation.com
Who are the executives of The Steadfast Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thesteadfastfoundation.com
Where can I find the form 990 for The Steadfast Foundation?
The Steadfast Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.thesteadfastfoundation.com
Learn more at the official website: www.thesteadfastfoundation.com
Mission Statement of The Steadfast Foundation
The Steadfast Foundation, a charitable organization, is devoted to assisting young individuals battling cancer and those with mobility challenges in expanding their horizons. Its mission is centered around providing resources and support to connect people with necessary information, aiming to foster healthy and safe communities. In particular, the foundation focuses on aiding young cancer patients and those with mobility challenges, offering them the necessary assistance to overcome their challenges. Regular hospital visits by Mr. Miller serve to offer support and encouragement to the patients under the foundation's care.
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Impact
August, 2024
The Steadfast Foundation's impact is profound and far-reaching. It is dedicated to assisting young people in their battle against cancer and helping young people with mobility challenges expand their horizons. The foundation administers funds for charitable, educational, and scientific purposes benefiting communities within the United States. By supporting various organizations and providing resources for individuals facing health challenges, including cancer and mobility issues, The Steadfast Foundation plays a crucial role in connecting people with vital information and support for healthy and safe communities. Additionally, the foundation regularly visits hospitals to offer support and encouragement to patients, exemplifying its commitment to making a positive difference in the lives of those in need.
This information is meant to be a general summary of The Steadfast Foundation. 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 2021.
- Gross Receipts: $83,482
Assets and Liabilities:
- Total Assets: $22,589
- Total Liabilities: $26,194
- Net Assets: -$3,605
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Organization Details
Founding Year
2006
Principal Officer
Dean E Miller
NTEE Category
Code: P60 - Human services
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