Overview
What is Advancing Families Foundation Inc?
The Advancing Families Foundation, situated in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to empowering youth. They achieve this by providing a range of educational programs. The foundation's mission encompasses enhancing the lives of young individuals, making it a beacon of support in the field of education. Their activities primarily focus on empowering youth, thereby contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Stars
Advancing Families Foundation Inc has received a low rating of 52%, reflecting significant challenges in its accountability and financial practices. The rating emphasizes that the organization lacks independent board members, which is a critical aspect of governance. Furthermore, essential documents such as financial statements and conflict of interest policies are notably missing, contributing to the overall low score in this category.
Despite these weaknesses, the organization does demonstrate a strong program expense ratio of 100%, indicating that all of its expenditures are directed towards its programs. This focus on programming suggests a commitment to fulfilling its mission, but the governance and transparency issues overshadow this strength.
Overall, the lack of independent oversight and missing documentation raises concerns about the organization's operational health and accountability. Potential donors and stakeholders may want to consider these factors carefully before engaging with the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Advancing Families Foundation Inc legitimate?
Advancing Families Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advancing Families Foundation 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 Advancing Families Foundation Inc?
The Advancing Families Foundation's mission is centered around empowering youth. Through its programs, the organization aims to make a significant impact in the realm of education. Located beyond specifications, the foundation's primary focus lies in equipping young individuals with the necessary tools and knowledge to thrive. The organization's activities are geared towards fostering personal growth and development in the youth population.
Who is the CEO of Advancing Families Foundation Inc?
Shannon Y Daniels is the Secretary of Advancing Families Foundation Inc.
What is the revenue of Advancing Families Foundation Inc?
Advancing Families Foundation Inc's revenue in 2022 was $622,583.
Who are the executives of Advancing Families Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $11,500
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Advancing Families Foundation Inc?
Advancing Families Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Advancing Families Foundation Inc
The Advancing Families Foundation, with a primary focus on empowerment, provides youth with various educational programs. This nonprofit organization aims to equip young individuals with the necessary tools and knowledge to thrive. By offering a diverse range of programs, the Advancing Families Foundation seeks to foster personal growth and development in its beneficiaries. This mission is geared towards empowering the youth, thereby contributing to a more educated and self-sufficient society.
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Impact
July, 2024
Advancing Families Foundation Inc's impact lies in empowering youth through its various educational programs. By focusing on education and providing youth empowerment initiatives, the organization contributes to the personal growth and development of young individuals in Philadelphia, PA. Through its efforts, Advancing Families Foundation Inc plays a crucial role in shaping the next generation and equipping them with the skills and knowledge needed to succeed in their academic and personal pursuits.
This information is meant to be a general summary of Advancing Families Foundation 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.
- Gross Receipts: $622,583
Assets and Liabilities:
- Total Assets: $98,012
- Total Liabilities: $0
- Net Assets: $98,012
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Organization Details
Founding Year
1999
Principal Officer
Shannon Y Daniels
Main Address
6347 CHEW AVENUE, PHILADELPHIA, PA, 19138
NTEE Category
Code: B99 - Education
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