Overview
What is Black Caucus Foundation Of Michigan?
The Black Caucus Foundation of Michigan, situated in Detroit, Michigan, is a nonprofit organization with a mission to promote non-partisan educational research, public policy development, and analysis of diverse social and economic concerns affecting Michigan's black communities. Their primary goal is to decrease substance abuse among the youth. Based in Collingwood Room 309, they have a small team of two dedicated individuals working towards this objective.
Official website here: www.michiganblackcacus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Black Caucus Foundation of Michigan has achieved a notable rating of 97% from Charity Navigator, which indicates a strong performance primarily in the areas of accountability and finance. This high score reflects the organization’s commitment to financial transparency and sound governance practices, as evidenced by their perfect score in several key categories, including an independent board and the absence of material asset diversion.
The foundation demonstrates effective management with a program expense ratio of 71.28%, indicating that a significant portion of its resources is directed towards its programs and initiatives. Additionally, the foundation has established robust policies such as conflict of interest and whistleblower protections, which further enhance its accountability measures. The organization also maintains a healthy financial standing with a liabilities to assets ratio of 0.00%.
While the foundation showcases many strengths, it is important for potential donors to consider the overall impact of their programs and the specific outcomes associated with their initiatives, which are not detailed in the financial assessment. Nonetheless, their high rating and adherence to transparency suggest a reliable investment for supporters looking to contribute to their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Black Caucus Foundation Of Michigan legitimate?
Black Caucus Foundation Of Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Caucus Foundation Of Michigan 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,000
For more financial information, click here
Official website here: www.michiganblackcacus.org
What is the mission statement of Black Caucus Foundation Of Michigan?
The Black Caucus Foundation of Michigan aims to deliver non-partisan educational research and analyze various social and economic issues that significantly impact Michigan's black communities. Their mission involves developing public policies related to these matters. Additionally, they focus on reducing drug and alcohol usage among youth within these communities.
Official website here: www.michiganblackcacus.org
Who is the CEO of Black Caucus Foundation Of Michigan?
Frank Woods is the Secretary of Black Caucus Foundation Of Michigan.
Official website here: www.michiganblackcacus.org
What is the revenue of Black Caucus Foundation Of Michigan?
Black Caucus Foundation Of Michigan's revenue in 2022 was $479,578.
Official website here: www.michiganblackcacus.org
Who are the executives of Black Caucus Foundation Of Michigan and what are their salaries?
The average compensation at Black Caucus Foundation Of Michigan during 2022 was $57,000. There are 2 employees at Black Caucus Foundation Of Michigan.
Here are 5 key members and their salaries:
- Compensation: $96,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.michiganblackcacus.org
Where can I find the form 990 for Black Caucus Foundation Of Michigan?
Black Caucus Foundation Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michiganblackcacus.org
Learn more at the official website: www.michiganblackcacus.org
Mission Statement of Black Caucus Foundation Of Michigan
The Black Caucus Foundation of Michigan is dedicated to carrying out non-partisan educational research and the development of public policies that address various social and economic issues impacting Michigan's Black communities. The organization's mission is to analyze these issues thoroughly and provide insights to shape more informed decisions. One of their primary objectives is to decrease alcohol and drug usage among the youth within these communities. By focusing on these aspects, the Black Caucus Foundation of Michigan aims to contribute significantly to the betterment of Michigan's Black communities.
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Impact
July, 2024
The Black Caucus Foundation of Michigan's impact can be seen in its efforts to provide non-partisan educational research, public policy development, and analysis of various issues of social and economic importance within Michigan's black communities. Specifically, the foundation works to decrease the usage of drugs and alcohol among youth in Detroit and the state of Michigan. Through its mission and activities, the foundation aims to address critical issues and advocate for positive change within the black community, ultimately benefiting the public by promoting social and economic well-being.
This information is meant to be a general summary of Black Caucus Foundation Of Michigan. 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: $479,578
Assets and Liabilities:
- Total Assets: $256,506
- Total Liabilities: $0
- Net Assets: $256,506
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Organization Details
Founding Year
1987
Principal Officer
Frank Woods
Main Address
2740 Collingwood Room 309, Detroit, MI, 48206
Website
www.michiganblackcacus.orgNTEE Category
Code: W01 - Public benefit
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