Overview
What is Martin Luther King Breakfast Committee Inc?
The Martin Luther King Breakfast Committee Inc, situated in Columbus, Ohio, is a nonprofit organization dedicated to promoting social welfare. Their primary mission is to honor the legacy of Dr. Martin Luther King Jr., a renowned civil rights activist. By commemorating his life and achievements during their annual Martin Luther King Jr. Day breakfast event, they aim to foster a society with reduced neighborhood tensions and less prejudice and discrimination. The committee generates financial support for selected non-profit organizations that embody Dr. King's principles, contributing to the betterment of their community.
Official website here: www.mlkjrbreakfast.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Martin Luther King Breakfast Committee Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial stability. The overall score is primarily based on its accountability and finance practices, which reflects positively on the organization’s commitment to sound financial management. The organization boasts a 100% independent board, with five members ensuring a diverse, unbiased decision-making body.
While the organization shows strengths in areas such as having no material diversion of assets and a high program expense ratio of 93.59%, there are notable limitations. The lack of essential policies like a conflict of interest policy, a whistleblower policy, and a document retention policy may pose risks to governance and transparency. These missing elements could affect the organization's overall accountability to its stakeholders.
Overall, the Martin Luther King Breakfast Committee Inc demonstrates solid financial practices and an independent governance structure but needs to address certain policy deficiencies to enhance its accountability profile. As it stands, the organization is effectively utilizing the majority of its resources for program expenses while maintaining a healthy balance sheet.
This AI summary has been generated from information found on Charity Navigator.
Is Martin Luther King Breakfast Committee Inc legitimate?
Martin Luther King Breakfast Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Luther King Breakfast Committee 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mlkjrbreakfast.com
What is the mission statement of Martin Luther King Breakfast Committee Inc?
The Martin Luther King Breakfast Committee Inc's mission is centered around promoting social welfare. They do this by honoring Dr. Martin Luther King Jr., whose memory serves to reduce neighborhood tensions and continually work towards eliminating prejudice and discrimination. By hosting annual events on Martin Luther King Jr. Day, they pay tribute to his legacy while also generating financial support for non-profit organizations that embody his values. These organizations strive to uphold the principles of equality and unity that Dr. King advocated for throughout his life.
Official website here: www.mlkjrbreakfast.com
Who is the CEO of Martin Luther King Breakfast Committee Inc?
Dorothy D Alexander is the Vice-Preside of Martin Luther King Breakfast Committee Inc.
Official website here: www.mlkjrbreakfast.com
What is the revenue of Martin Luther King Breakfast Committee Inc?
Martin Luther King Breakfast Committee Inc's revenue in 2023 was $8,329.
Official website here: www.mlkjrbreakfast.com
Who are the executives of Martin Luther King Breakfast Committee Inc and what are their salaries?
There 20 volunteers at Martin Luther King Breakfast Committee Inc.
Here are 6 key members and their salaries:
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- Compensation: $45,000
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Official website here: www.mlkjrbreakfast.com
Where can I find the form 990 for Martin Luther King Breakfast Committee Inc?
Martin Luther King Breakfast Committee Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mlkjrbreakfast.com
Learn more at the official website: www.mlkjrbreakfast.com
Mission Statement of Martin Luther King Breakfast Committee Inc
The Martin Luther King Breakfast Committee Inc is dedicated to promoting social welfare. Their mission is inspired by the memory of Dr. Martin Luther King Jr., whose legacy encourages the reduction of neighborhood tensions and the ongoing elimination of prejudice and discrimination. The committee honors Dr. King's memory by hosting an annual breakfast event on Martin Luther King Jr. Day. This event serves to commemorate Dr. King's life and achievements, while also raising financial support for non-profit organizations that embody his legacy. By doing so, the Martin Luther King Breakfast Committee Inc contributes to the continued advancement of Dr. King's vision of a society free from prejudice and discrimination.
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Impact
August, 2024
The impact of the Martin Luther King Breakfast Committee Inc is significant in promoting social welfare by honoring Dr. Martin Luther King, Jr. The committee's annual breakfast event on Martin Luther King Jr. Day, commemorating his life and achievements, not only pays tribute to his legacy but also generates financial support for carefully chosen nonprofit organizations that embody Dr. King's values. Through this event, the committee helps lessen neighborhood tensions, eliminate prejudice and discrimination, and contribute to the advancement of Dr. King's mission.
This information is meant to be a general summary of Martin Luther King Breakfast Committee 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 2023.
- Gross Receipts: $204,390
Assets and Liabilities:
- Total Assets: $149,816
- Total Liabilities: $0
- Net Assets: $149,816
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Organization Details
Founding Year
1987
Phone
(614) 943-4835Principal Officer
Dorothy D Alexander
Main Address
PO BOX 83134, COLUMBUS, OH, 43203
Website
www.mlkjrbreakfast.comNTEE Category
Code: B42I - Education
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