Overview
What is Finnish Center Association?
The Finnish Center Association, based in Farmington Hills, Michigan, is a nonprofit organization that plays a significant role in preserving Finnish and Finnish-American culture. They host cultural events throughout the year, featuring activities such as folk dancing, singing, and cooking. This organization's mission is to promote the preservation of Finnish culture by offering numerous opportunities for its members to engage with their heritage. To further this goal, the Finnish Center Association offers collegiate scholarships and educational grants annually, emphasizing the value of education in their community. This association is committed to keeping Finnish traditions alive and thriving among its community members.
Official website here: www.finnishcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Finnish Center Association has received an 83% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, where it excels particularly well, highlighting the importance of transparent practices within nonprofit organizations.
Strengths of the Finnish Center Association include a fully independent board of directors, with 100% independent members and an appropriate board size of 11, both of which contribute positively to governance. Additionally, the organization maintains a low liabilities to assets ratio of 9.51%, and a strong program expense ratio of 74.70%, demonstrating effective allocation of funds toward its mission.
However, there are noted limitations, such as missing policies for whistleblower protection and document retention and destruction, which could affect the organization’s overall governance framework. These gaps indicate areas where the Finnish Center Association could strengthen its accountability measures further.
This AI summary has been generated from information found on Charity Navigator.
Is Finnish Center Association legitimate?
Finnish Center Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finnish Center Association 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: $7,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.finnishcenter.org
What is the mission statement of Finnish Center Association?
The Finnish Center Association is committed to preserving both Finnish and Finnish-American cultures. To achieve this, they offer their members numerous opportunities to engage with Finnish culture. As a testament to their focus on education, they provide annual collegiate scholarships and educational grants.
Official website here: www.finnishcenter.org
What is the revenue of Finnish Center Association?
Finnish Center Association's revenue in 2023 was $189,699.
Official website here: www.finnishcenter.org
Who are the executives of Finnish Center Association and what are their salaries?
There 45 volunteers at Finnish Center Association.
Here are 12 key members and their salaries:
- Compensation: $7,005
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.finnishcenter.org
Where can I find the form 990 for Finnish Center Association?
Finnish Center Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.finnishcenter.org
Learn more at the official website: www.finnishcenter.org
Mission Statement of Finnish Center Association
The Finnish Center Association, a nonprofit organization, is committed to preserving the Finnish and Finnish-American culture. To achieve this mission, the association provides its members with numerous opportunities to immerse themselves in Finnish culture. In line with Finland's strong emphasis on education, the Finnish Center Association annually offers collegiate scholarships and educational grants to its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Finnish Center Association plays a significant role in preserving and promoting Finnish and Finnish-American culture in the Farmington Hills community and beyond. Through a variety of cultural events such as folk dancing, singing, and traditional cooking, the association provides opportunities for individuals to engage deeply with their heritage.
By hosting regular activities throughout the year, the association fosters a strong sense of community among its members and encourages the sharing and celebration of Finnish traditions. Additionally, the organization maintains a commitment to education by offering collegiate scholarships and educational grants annually, ensuring that the next generation remains connected to their cultural roots. This multifaceted approach not only enriches the local community but also contributes to the wider appreciation and understanding of Finnish culture in the United States.
This information is meant to be a general summary of Finnish Center Association. 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 2023.
- Program Service Revenue: $46,663
- Gross Receipts: $231,238
Assets and Liabilities:
- Total Assets: $524,522
- Total Liabilities: $35,978
- Net Assets: $488,544
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CULTURAL INCOME
Revenue
$43,965
FLEA MARKET
Revenue
$1,874
CRAFT SHOW
Revenue
$824
Organization Details
Founding Year
1966
Principal Officer
Christine Manninen
Website
www.finnishcenter.orgNTEE Category
Code: A23 - Arts
If you are a representative of Finnish Center Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.