Overview
What is Inforum?
Inforum is a Detroit, Michigan-based nonprofit organization, located at 400 Renaissance Center 2155, with a staff of nine individuals. Their primary mission is to empower women in their professional endeavors. They achieve this by conducting extensive training sessions with industry leaders and top female executives, offering personalized mentoring, and hosting regular meetings and educational sessions. These events cover topics pertinent to career advancement and leadership development. Inforum is also committed to promoting gender equity in business leadership by facilitating educational programs, networking opportunities, and volunteer chances. Through these initiatives, Inforum works tirelessly towards the acceleration of women's careers.
Official website here: www.inforummichigan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
Inforum has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial practices. The organization's impressive score is solely derived from its accountability and finance metrics, demonstrating a strong commitment to transparency and effective management. With a majority of independent board members and robust oversight, Inforum exemplifies a strong governance structure.
Strengths identified include a high program expense ratio of 80.61%, indicating that a significant portion of its funds is directed toward its programs and mission. Additionally, Inforum boasts an impressive fundraising efficiency ratio, with only $0.17 spent to raise each dollar, which showcases its ability to maximize donor contributions effectively. The organization has no reported material diversions of assets and maintains a solid liability to assets ratio, further enhancing its financial stability.
While the data presented highlights strong performance, potential limitations are not explicitly mentioned. However, continued evaluation of evolving financial practices and program impacts will be essential for maintaining this high standard and addressing any future challenges that may arise. Overall, Inforum stands out as a well-managed nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Inforum?
100% of 8 reviewers on Facebook recommend this nonprofit. Here is a summary of their reviews:
Supporters express strong enthusiasm for Inforum, praising the organization for its inspiring vision and impactful work. The positivity conveyed in the feedback highlights a deep appreciation for the nonprofit's efforts and commitment to its mission.
Overall, the sentiments suggest that Inforum successfully connects with its audience and fosters a positive perception among its supporters, ensuring that they feel motivated and appreciative of the services provided.
This AI summary has been generated from reviews found on Facebook.
Is Inforum legitimate?
Inforum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inforum 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: $391,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $814,853
For more financial information, click here
Official website here: www.inforummichigan.org
What is the mission statement of Inforum?
Inforum's mission is centered around advancing careers for women and promoting gender equality in business leadership. They achieve this through various means, including original research, educational programs, networking opportunities, and leadership and volunteer initiatives. Inforum facilitates this mission by organizing comprehensive training sessions with industry leaders and top female executives, offering personalized mentoring, and hosting regular meetings and educational sessions where topics related to career advancement and leadership development for women are discussed.
Official website here: www.inforummichigan.org
Who is the CEO of Inforum?
Terry Barclay is the Chair of Inforum. The CEO's salary of Inforum is $350,416 and their total compensation is $371,161.
Official website here: www.inforummichigan.org
What is the revenue of Inforum?
Inforum's revenue in 2022 was $2,035,446.
Official website here: www.inforummichigan.org
Who are the executives of Inforum and what are their salaries?
The average compensation at Inforum during 2022 was $134,013. There are 9 employees and 350 volunteers at Inforum.
Here are 48 key members and their salaries (Inforum's CEO's salary is $350,416 and their total compensation is $371,161):
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Official website here: www.inforummichigan.org
Where can I find the form 990 for Inforum?
Inforum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inforummichigan.org
Learn more at the official website: www.inforummichigan.org
Mission Statement of Inforum
Inforum, a nonprofit organization, is committed to advancing the careers of women and promoting gender equality in business leadership. They accomplish this mission through various means, including conducting educational programs, facilitating networking opportunities, and offering leadership and volunteer chances. Inforum's activities are centered around providing original research and fostering an environment that encourages women's professional growth.
To realize this objective, Inforum organizes comprehensive training sessions with industry leaders and prominent women executives. These sessions are designed to equip women with essential leadership skills. Furthermore, Inforum hosts regular meetings and educational sessions, during which speakers present on topics related to career advancement and leadership development for women. These initiatives aim to empower women in the workplace and help them reach their full potential.
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Impact
October, 2024
Inforum significantly impacts women's careers and leadership representation in business. By focusing on accelerating career growth, it offers comprehensive training programs delivered by prominent leaders and successful women executives. These initiatives equip participants with essential leadership skills and provide personalized mentoring, fostering an environment where women can thrive professionally.
Through regular meetings and educational sessions, Inforum presents a platform for discussions on career advancement and leadership development, helping women navigate the complexities of the corporate world. The organization also promotes networking and volunteer opportunities, further enriching the experience and connections for its members.
By conducting original research and advocating for gender equity, Inforum plays a crucial role in reshaping the narrative around women in business leadership, empowering a new generation of female leaders and contributing to a more equitable workplace culture. Its mission to cultivate and support women’s professional journeys significantly enhances the landscape of business leadership, particularly in the Detroit area and beyond.
This information is meant to be a general summary of Inforum. 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: $44,268
- Program Service Revenue: $600,140
- Gross Receipts: $2,130,369
Assets and Liabilities:
- Total Assets: $3,977,241
- Total Liabilities: $419,372
- Net Assets: $3,557,869
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$510,300
CORPORATE MEMBERSHIPS
Revenue
$89,840
Organization Details
Founding Year
2002
Phone
(313) 567-0232Principal Officer
Terry Barclay
Main Address
400 RENAISSANCE CENTER 2155, DETROIT, MI, 48243
Website
www.inforummichigan.orgNTEE Category
Code: B60 - Education
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