Overview
What is Virginia New Majority Education Fund?
Virginia New Majority Education Fund is a grassroots organization, primarily serving low-income individuals of color. Based in Alexandria, Virginia, their mission is multifaceted, focusing on expanding health care access, enhancing educational opportunities, promoting economic growth, and advocating for environmental protection in local communities. They achieve this by engaging people through leadership development programs, workshops, and issue education. The organization also offers citizenship promotion, facilitating naturalization assistance and clinics, and encourages civic engagement, voter education, and mobilization.
Official website here: www.nvm-educationfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Virginia New Majority Education Fund has received a three-star rating from Charity Navigator, reflecting a decent level of accountability and financial health. The score is primarily driven by its strong performance in areas like independent board governance and the absence of material asset diversion, indicating a commitment to transparency and responsible management.
Strengths include a fully independent board and a solid program expense ratio, demonstrating effective allocation of resources toward its mission. The organization has established policies for conflict of interest, whistleblower protections, and document retention, which are essential for maintaining integrity and accountability.
However, there are some limitations in fundraising efficiency and working capital ratios, suggesting that while the organization is financially stable, it may face challenges in fundraising effectiveness and liquidity. These factors should be monitored as they can impact the nonprofit's long-term sustainability and growth potential.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia New Majority Education Fund legitimate?
Virginia New Majority Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia New Majority Education Fund 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: $417,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,169,681
For more financial information, click here
Official website here: www.nvm-educationfund.org
What is the mission statement of Virginia New Majority Education Fund?
The Virginia New Majority Education Fund is a grassroots organization that actively involves low-income individuals and people of color in local communities. They accomplish this by providing leadership development, educational workshops, and issue-based training sessions. The organization also fosters civic engagement by promoting citizenship through naturalization assistance and clinics, voter education, and mobilization. Their mission extends to grassroots organizing and education, aiming to empower these communities and make them active participants in societal issues.
Official website here: www.nvm-educationfund.org
Who is the CEO of Virginia New Majority Education Fund?
Jon Liss is the Principal Officer of Virginia New Majority Education Fund.
Official website here: www.nvm-educationfund.org
What is the revenue of Virginia New Majority Education Fund?
Virginia New Majority Education Fund's revenue in 2022 was $6,398,902.
Official website here: www.nvm-educationfund.org
Who are the executives of Virginia New Majority Education Fund and what are their salaries?
There 129 volunteers at Virginia New Majority Education Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $150,615
- Other: $0
- Compensation: $0
- Related: $146,192
- 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.nvm-educationfund.org
Where can I find the form 990 for Virginia New Majority Education Fund?
Virginia New Majority Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nvm-educationfund.org
Learn more at the official website: www.nvm-educationfund.org
Mission Statement of Virginia New Majority Education Fund
Virginia New Majority Education Fund is a grassroots organization that actively engages individuals from low-income communities and communities of color. By providing leadership development, workshops, and issue education, this organization encourages local participation and fosters a sense of community. Furthermore, Virginia New Majority Education Fund goes beyond community involvement by offering naturalization assistance and citizenship clinics, promoting civic engagement, and providing voter education and mobilization. This multifaceted approach allows the organization to empower its community members, equipping them with the tools necessary to become active participants in shaping their own futures and advocating for change.
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Impact
October, 2024
The Virginia New Majority Education Fund significantly impacts local communities by empowering low-income individuals and people of color through leadership development, training, and workshops. It focuses on grassroots organizing to expand access to essential services such as healthcare, education, and economic opportunities, while also advocating for environmental protection. By providing issue education, naturalization assistance, and civic engagement activities, the organization fosters a sense of community involvement and encourages individuals to participate actively in the democratic process. Its efforts in voter education and mobilization further amplify the voices of marginalized communities, ensuring they have a seat at the table in decision-making processes that affect their lives.
This information is meant to be a general summary of Virginia New Majority Education Fund. 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: $256
- Gross Receipts: $6,398,902
Assets and Liabilities:
- Total Assets: $2,516,645
- Total Liabilities: $994,503
- Net Assets: $1,522,142
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Organization Details
Founding Year
2010
Phone
(804) 269-7848Principal Officer
Jon Liss
Main Address
PO Box 22063, Alexandria, VA, 22304
Website
www.nvm-educationfund.orgNTEE Category
Code: B01 - Education
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