Overview
What is Noor Foundation Inc?
The Noor Foundation Inc, based on the information provided, is a dedicated nonprofit organization that advocates for education by offering financial aid. They extend their support to both students in need and financial institutions. Their mission is to empower the educational sector by providing essential financial assistance, thereby contributing to a more inclusive and accessible educational landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (70%)
Noor Foundation Inc has received a two-star rating from Charity Navigator, signifying a need for improvement despite a strong performance in accountability and finance, where it scored 100%. The nonprofit shows a commendable program expense ratio of 85.08%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs.
However, the organization faces several notable deficiencies, particularly in governance practices. It lacks important policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, crucial transparency measures like board meeting minutes and a posted tax form on its website are missing, which may raise concerns among potential donors regarding the organization's operational transparency.
The majority of the board members are independent, which is a positive aspect, but the overall governance practices reflect significant room for improvement. Addressing these governance gaps could enhance the organization's credibility and trustworthiness with stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Noor Foundation Inc legitimate?
Noor Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noor 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 Noor Foundation Inc?
The Noor Foundation's mission is centered around promoting education. They achieve this goal by offering financial assistance to both students in need and financial institutions. This support is instrumental in making education more accessible, thereby contributing to the overall betterment of individuals' educational journeys. The organization's programs are designed to provide financial aid, thereby enabling students to pursue their academic goals without financial constraints.
Who is the CEO of Noor Foundation Inc?
Najma Usman is the President of Noor Foundation Inc.
What is the revenue of Noor Foundation Inc?
Noor Foundation Inc's revenue in 2022 was $37,925.
Who are the executives of Noor Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Noor Foundation Inc?
Noor Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Noor Foundation Inc
The Noor Foundation, a nonprofit organization, is dedicated to advancing education by offering financial assistance to both students in need and financial institutions. Their mission is to foster learning opportunities by providing essential financial aid. Through their programs, the Noor Foundation aims to support students who may be facing financial barriers, enabling them to pursue their educational goals. This commitment to education extends beyond individual students, as the foundation also supports financial institutions in their efforts to promote learning.
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Impact
August, 2024
Noor Foundation Inc's impact lies in its dedication to promoting education through financial assistance to both students and financial institutions. By offering crucial financial aid to students in need, the foundation plays a vital role in enabling individuals to pursue educational opportunities that may otherwise be out of reach. Through its programs, Noor Foundation Inc contributes to creating a more equitable and accessible educational landscape, empowering students to overcome financial barriers and strive towards their academic goals.
This information is meant to be a general summary of Noor 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: $37,925
Assets and Liabilities:
- Total Assets: $7,691
- Total Liabilities: $0
- Net Assets: $7,691
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Organization Details
Founding Year
2010
Phone
(718) 332-4448Principal Officer
Najma Usman
Main Address
837 AVENUE Z, BROOKILYN, NY, 11235
NTEE Category
Code: B82 - Education
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