Overview
What is Adera Foundation?
Adera Foundation is a nonprofit organization located at 2901 RIVERGLEN DRIVE, Fort Worth, TX 76109. Their primary focus is on facilitating projects, managing facility improvements, and delivering educational programs for women in Addis Ababa, Ethiopia. The organization's mission is to support and empower those in need, providing essential necessities, vital life skills, and sharing the gospel to create opportunities for women, children, families, and communities. Additionally, Adera Foundation offers pastoral training to strengthen local leadership. With a small team of dedicated individuals, the foundation aims to make a meaningful impact in Ethiopia.
Official website here: www.aderafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Adera Foundation has achieved a moderate rating of 73%, indicating that while the organization demonstrates some strengths in governance and financial health, there are notable areas for improvement. The foundation holds 100% independent board members and has no material diversion of assets, which is a positive sign of accountability. However, the lack of financial statements significantly impacts its overall score, suggesting transparency issues that could concern potential donors.
Financially, the Adera Foundation has a respectable program expense ratio of 73.87%, indicating that a significant portion of its expenses goes directly to its programs. This highlights the organization's commitment to its mission. Nevertheless, the absence of key documents such as a whistleblower policy and tax forms on its website detracts from its credibility and raises questions about its operational practices.
In summary, while the Adera Foundation exhibits strengths in board independence and a solid program expense ratio, improvements in transparency and the establishment of necessary policies are critical for enhancing its rating and fostering trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Adera Foundation?
100% of 5 reviewers on Facebook recommend the Adera Foundation. Here is a summary of their reviews:
The positive sentiment expressed by reviewers highlights the organization's dedication to the well-being of both children and mothers. Many appreciate the genuine support provided, emphasizing the future-oriented approach the foundation takes toward improving lives.
Overall, the Adera Foundation is portrayed as a compassionate and welcoming nonprofit that embodies a spirit of kindness and care, akin to the values of compassion and generosity seen in the community. The organization clearly makes a meaningful impact on those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Adera Foundation legitimate?
Adera Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adera 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: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.aderafoundation.org
What is the mission statement of Adera Foundation?
The Adera Foundation's mission is to support and empower individuals who are facing challenges, focusing primarily on women, children, families, and communities. They aim to provide essential needs and life skills, as well as share their faith, with the ultimate goal of creating opportunities for growth and development. Through project facilitation and facility management improvements, the foundation also offers educational programs for women and pastoral training.
Official website here: www.aderafoundation.org
Who is the CEO of Adera Foundation?
Julie Miller is the Executive Di of Adera Foundation.
Official website here: www.aderafoundation.org
What is the revenue of Adera Foundation?
Adera Foundation's revenue in 2022 was $919,779.
Official website here: www.aderafoundation.org
Who are the executives of Adera Foundation and what are their salaries?
The average compensation at Adera Foundation during 2022 was $84,000. There is 1 employee and 171 volunteers at Adera Foundation.
Here are 18 key members and their salaries:
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Official website here: www.aderafoundation.org
Where can I find the form 990 for Adera Foundation?
Adera Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aderafoundation.org
Learn more at the official website: www.aderafoundation.org
Mission Statement of Adera Foundation
The Adera Foundation is an organization dedicated to supporting and empowering individuals who are facing challenges, specifically focusing on women, children, families, and communities in Addis Ababa, Ethiopia. Their mission is multifaceted, encompassing the provision of basic needs, teaching essential life skills, and sharing the gospel to create opportunities for growth and improvement. The foundation's commitment is to walk alongside those who are struggling, alleviating their burdens and fostering a sense of empowerment.
Through their projects, Adera Foundation facilitates improvements in facilities, implements educational programs for women, and provides pastoral training. These initiatives aim to enhance the quality of life for the community members they serve, enabling them to become self-sufficient and contribute positively to their society. By focusing on these areas, Adera Foundation is instrumental in providing a brighter future for those who may have felt overwhelmed by their circumstances, thereby fulfilling its mission of empowerment.
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Impact
October, 2024
Adera Foundation profoundly impacts women, children, families, and communities in Addis Ababa, Ethiopia, by addressing fundamental needs and fostering empowerment. Through essential programs, it provides basic necessities and life skills training, creating opportunities for personal and community growth. The foundation's commitment to teaching and sharing the Gospel further enhances its mission, enabling individuals to gain confidence, knowledge, and resources necessary to improve their lives. By facilitating projects and managing facility improvements, Adera Foundation enhances the living conditions and prospects of those it serves, walking alongside those who need support and empowering them to take positive steps towards a better future.
This information is meant to be a general summary of Adera 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 2022.
- Investment Income: $1,979
- Gross Receipts: $949,151
Assets and Liabilities:
- Total Assets: $1,141,349
- Total Liabilities: $18,113
- Net Assets: $1,123,236
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Organization Details
Founding Year
2009
Phone
(817) 692-0169Principal Officer
Julie Miller
Main Address
2901 RIVERGLEN DRIVE, FORT WORTH, TX, 76109
Website
www.aderafoundation.orgNTEE Category
Code: Q32 - International
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