Overview
What is The Shafeek Nader Trust Supporting Fund Inc?
The Shafeek Nader Trust Supporting Fund Inc is a nonprofit organization situated in Washington, D.C. Its primary purpose is to strengthen the capabilities of The Shafeek Nader Trust for the Community Interest, enabling it to execute its 501(c)(3) objectives more effectively. The Supporting Fund's role is essential in enhancing the overall impact and reach of the primary trust, contributing to its charitable mission. The specific nature of these activities remains undisclosed in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
The Shafeek Nader Trust Supporting Fund Inc has received a low rating of 39%, which corresponds to a Zero-Star out of Four Star rating, indicating significant concerns regarding its accountability and financial practices. While the organization demonstrates strengths in having a fully independent board and strong governance policies, it has been marked down for failing to provide financial statements and for missing several key documentation requirements on its website.
The organization scores poorly in material areas such as financial transparency, with a 0% program expense ratio and a lack of posted tax forms, raising questions about its operational effectiveness. Although there is a noted absence of material diversion of assets, the lack of transparency in financial reporting remains a critical limitation.
Despite its governance strengths, the overall rating suggests that potential donors should exercise caution. The significant deficiencies in financial accountability overshadow the positive aspects, emphasizing the need for improvement in organizational transparency and reporting.
This AI summary has been generated from information found on Charity Navigator.
Is The Shafeek Nader Trust Supporting Fund Inc legitimate?
The Shafeek Nader Trust Supporting Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Shafeek Nader Trust Supporting Fund 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
For more financial information, click here
What is the mission statement of The Shafeek Nader Trust Supporting Fund Inc?
The Shafeek Nader Trust Supporting Fund's mission is to enhance the effectiveness of The Shafeek Nader Trust for the Community Interest in carrying out its charitable activities, as a 501(c)(3) organization. This is achieved by providing assistance and support to the main trust, thereby enabling it to make a more significant impact in its chosen fields. The exact nature of these fields or the specific activities supported by the trust are not provided in the given information, hence they remain unknown. The Fund's role is primarily to strengthen the operational capabilities of the main trust, thereby ensuring its continued contribution towards its mission.
Who is the CEO of The Shafeek Nader Trust Supporting Fund Inc?
Claire Nader is the Secretary of The Shafeek Nader Trust Supporting Fund Inc.
What is the revenue of The Shafeek Nader Trust Supporting Fund Inc?
The Shafeek Nader Trust Supporting Fund Inc's revenue in 2022 was $766,093.
Who are the executives of The Shafeek Nader Trust Supporting Fund Inc and what are their salaries?
There 3 volunteers at The Shafeek Nader Trust Supporting Fund Inc.
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 The Shafeek Nader Trust Supporting Fund Inc?
The Shafeek Nader Trust Supporting Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Shafeek Nader Trust Supporting Fund Inc
The Shafeek Nader Trust Supporting Fund, as a charitable organization, is dedicated to aiding The Shafeek Nader Trust for the Community Interest in enhancing its ability to carry out its 501(c)(3) activities more efficiently. In essence, its mission is to serve as a catalyst, enabling The Shafeek Nader Trust for the Community Interest to fulfill its objectives more effectively in the realm of charitable activities. By providing support and assistance, The Shafeek Nader Trust Supporting Fund enables its sister organization to make a more significant impact in the community.
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Impact
October, 2024
The Shafeek Nader Trust Supporting Fund Inc plays a crucial role in enhancing the effectiveness of The Shafeek Nader Trust for the Community Interest's initiatives. By providing essential support, it enables the Trust to deepen its impact within the community and address various human service needs. This collaboration facilitates the execution of important programs that cater to the welfare of individuals and families, fostering positive change and encouraging community development in Washington, DC. Through its efforts, it contributes significantly to the advancement of social services and community support, ultimately leading to a more resilient and empowered community.
This information is meant to be a general summary of The Shafeek Nader Trust Supporting Fund 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.
- Investment Income: $766,093
- Gross Receipts: $1,429,365
Assets and Liabilities:
- Total Assets: $7,726,854
- Total Liabilities: $0
- Net Assets: $7,726,854
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Organization Details
Founding Year
2000
Phone
(202) 387-8030Principal Officer
Claire Nader
Main Address
P O Box 53305, Washington, DC, 20009
NTEE Category
Code: P12 - Human services
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