Overview
What is International Foundation For Progress Inc?
International Foundation For Progress Inc is a nonprofit organization committed to advancing progress in education, vocational training, and basic health care for grassroots institutions in Asia. Their mission involves providing support to institutions where improvement is needed in these areas, and they accomplish this through various programs, including collections. The organization aims to foster growth and development in these crucial sectors, ultimately benefiting the communities they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The International Foundation For Progress Inc has received a Three-Star rating from Charity Navigator, with an overall score of 77%. This score reflects a strong emphasis on accountability and finance, indicated by a perfect score on several key metrics such as the presence of an independent board and a favorable liabilities to assets ratio. The organization demonstrates a commitment to financial health, with a program expense ratio of 94.41%, highlighting that a significant portion of its funds is directed towards its mission-driven programs.
The charity's governance structure is notable, featuring a fully independent board consisting of four members, which can enhance transparency and decision-making. The lack of material diversion of assets further strengthens the organization’s financial integrity, providing confidence to donors regarding the responsible management of funds. Additionally, the foundation's documented policies for retention and destruction of records reflect sound operational practices.
While the overall rating is positive, the score is solely based on accountability and finance metrics, which means there may be limited insight into other aspects of the organization, such as impact or community engagement. Prospective donors may want to consider this when evaluating the charity's full scope of operations and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is International Foundation For Progress Inc legitimate?
International Foundation For Progress Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Foundation For Progress 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
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What is the mission statement of International Foundation For Progress Inc?
The International Foundation For Progress Inc is established with a mission to support grassroots institutions in Asia that are in need of advancements in education, vocational training, and basic health care. This organization is committed to offering assistance to these institutions, contributing to their development and improvement in these crucial areas. Through various programs, International Foundation for Progress aims to make a positive impact in the lives of individuals in Asia.
Who is the CEO of International Foundation For Progress Inc?
Dr Safdar Chadda is the Chadda of International Foundation For Progress Inc.
What is the revenue of International Foundation For Progress Inc?
International Foundation For Progress Inc's revenue in 2022 was $46,988.
Who are the executives of International Foundation For Progress Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for International Foundation For Progress Inc?
International Foundation For Progress Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Foundation For Progress Inc
International Foundation for Progress is an organization dedicated to assisting grassroots institutions in Asia that are in need of advancement in education, vocational training, and basic healthcare. The mission of this nonprofit is to provide support to these institutions, helping them make significant strides in these crucial areas. By offering a variety of programs, International Foundation for Progress aims to contribute to the overall betterment of communities in Asia, fostering a more educated, skilled, and healthier population.
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Impact
August, 2024
International Foundation For Progress Inc's impact is focused on supporting grassroots institutions in Asia that require progress in education, vocational training, and basic health care. By offering collections among its programs, the organization aims to make a positive difference in these critical areas. They are dedicated to improving the lives of individuals and communities in need by addressing fundamental needs and empowering them to build a better future.
This information is meant to be a general summary of International Foundation For Progress 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: $1,735
- Gross Receipts: $46,988
Assets and Liabilities:
- Total Assets: $655,221
- Total Liabilities: $0
- Net Assets: $655,221
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Organization Details
Founding Year
2009
Phone
(516) 747-6305Principal Officer
Dr Safdar Chadda
Main Address
64 MARCUS AVE, NEW HYDE PARK, NY, 11040
NTEE Category
Code: B24 - Education
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