Overview
What is Amzi?
Amzi is a nonprofit organization, with a religious background, situated in Washington D.C. Their primary focus is to aid families and children by equipping them with financial skills, such as earning, saving, managing, and investing money. They believe that every child, regardless of their social or economic background, should have a solid understanding of personal finance. Amzi's activities extend beyond traditional financial assistance, with an emphasis on free enterprise, global economics, entrepreneurship, banking, and philanthropy. They offer support to families in need and contribute to global outreach initiatives. When traditional payment plans fall short, Amzi provides financial aid to help cover private school education expenses.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Amzi has received a Three-Star rating from Charity Navigator, reflecting an accountability and finance score of 83%. This rating indicates a solid performance in financial management and organizational practices, particularly in areas such as audit oversight and asset management. The charity’s fiscal responsibility is highlighted by its high scores in audit and oversight, as well as its liabilities to assets ratio.
However, the organization has room for improvement, particularly concerning its board governance. Notably, Amzi does not have any independent board members, which can raise concerns about oversight and accountability. Additionally, the charity's website does not list its tax forms, which is a missed opportunity for transparency, as it scored 0 out of 4 in that area.
Despite these limitations, the charity has established strong policies, including those for conflict of interest and whistleblower protections. While the organization exhibits commendable financial practices, enhancing board independence and improving transparency on its website could strengthen its overall accountability and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Amzi legitimate?
Amzi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amzi 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,000
For more financial information, click here
What is the mission statement of Amzi?
Amzi, an educational nonprofit organization with a religious foundation, is committed to providing prime ministry through intercession, philanthropy, and global outreach. Its mission is centered around supporting families and children in need, particularly in the realm of education. The organization employs a hands-on approach to help families overcome financial difficulties that might hinder academic success. Amzi encourages youth to gain essential skills in earning, saving, managing, and investing money, regardless of their socio-economic background. The focus areas include free enterprise, global economics, entrepreneurship, banking, and personal finance. In instances where traditional payment plans fall short, Amzi offers financial assistance to aid in covering expenses for private school education.
Who is the CEO of Amzi?
Ajoure Di Amzi is the Principal Officer of Amzi.
What is the revenue of Amzi?
Amzi's revenue in 2022 was $1,400,000.
Who are the executives of Amzi 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 Amzi?
Amzi's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Amzi
Amzi, an educational nonprofit religious organization, is committed to providing prime ministry through intercession, philanthropy, and global outreach. The organization's mission is to support families and children in need, focusing on financial literacy. Amzi's approach is hands-on, aiming to help families and children overcome financial hardships that may hinder their academic success. The organization equips youth with essential skills, such as earning, saving, managing, and investing money, regardless of their social or economic background. Amzi's focus on free enterprise, global economics, entrepreneurship, banking, and personal finance is instrumental in equipping children with the necessary tools to navigate their financial future. In times of financial strain, Amzi offers assistance with payment plans for private school education, ensuring that children have the necessary resources to thrive academically.
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Impact
October, 2024
Amzi's impact centers on empowering families and children by providing them with essential financial education and resources. Through its hands-on approach, Amzi addresses the barriers that financial difficulties create, ensuring that these challenges do not hinder academic success. By focusing on teaching youth valuable skills in earning, saving, managing, and investing money, Amzi cultivates a sense of financial literacy that transcends socioeconomic backgrounds.
Moreover, Amzi promotes principles of free enterprise and entrepreneurship, laying the groundwork for future economic self-sufficiency. This educational initiative ensures that young people not only understand personal finance but also gain insights into global economics and banking. By helping parents secure financing for private education when traditional payment methods fall short, Amzi directly contributes to a more equitable educational landscape, fostering opportunities for all children to thrive. In essence, Amzi shapes future generations by equipping them with the knowledge and tools required to navigate and succeed in an increasingly complex financial world.
This information is meant to be a general summary of Amzi. 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.
- Program Service Revenue: $800,000
- Gross Receipts: $1,400,000
Assets and Liabilities:
- Total Assets: $1,000,000
- Total Liabilities: $0
- Net Assets: $1,000,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Office Administrative Services
Revenue
$400,000
Administration of Education Programs
Revenue
$300,000
Administration of General Economic Programs
Revenue
$100,000
Organization Details
Founding Year
2010
Phone
(202) 596-2157Principal Officer
Ajoure Di Amzi
Main Address
712 SUITE 1896, WASHINGTON, DC, 20002
NTEE Category
Code: B90 - Education
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