Overview
What is Dearborn Community Fund?
The Dearborn Community Fund is a nonprofit organization situated in Dearborn, Michigan. Their primary mission is to contribute financially and facilitate volunteer resources, aiming to positively impact the local community of Dearborn, MI. Specifically, they focus on supporting the theater within the Ford Community and Performing Arts Center by funding capital improvements. This nonprofit organization, with a small workforce of one individual, is dedicated to enhancing the quality of life and services for residents in Dearborn, MI.
Official website here: www.dearborncommunityfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Dearborn Community Fund has received a Three-Star rating from Charity Navigator, indicating a moderate performance in terms of accountability and finance. This score is exclusively derived from its accountability metrics, which highlight a strong commitment to transparency, particularly with a fully independent board and no material diversion of assets. However, the absence of key policies, such as conflict of interest and whistleblower protections, has negatively impacted its overall rating.
Strengths of the organization include a high percentage of program expenses (71.06%), showing that a significant portion of its funds is directed towards its mission. Additionally, the board's independence and lack of asset diversion suggest a healthy governance structure. The organization also complies with basic documentation practices, as evidenced by the availability of board meeting minutes.
Despite these strengths, the missing policies surrounding conflict of interest and whistleblower protections could pose risks to the organization's governance and accountability. Addressing these gaps would enhance the Dearborn Community Fund's overall rating and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Dearborn Community Fund legitimate?
Dearborn Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dearborn Community Fund 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: $18,273
For more financial information, click here
Official website here: www.dearborncommunityfund.org
What is the mission statement of Dearborn Community Fund?
The Dearborn Community Fund's mission involves providing and promoting financial and volunteer resources that significantly impact the community. This organization is dedicated to enhancing the well-being of its community by allocating resources effectively. One of its notable contributions is towards the theater situated within the Ford Community and Performing Arts Center, supporting capital improvements. This institution strives to improve the quality of life for its community members through various financial and volunteer initiatives.
Official website here: www.dearborncommunityfund.org
Who is the CEO of Dearborn Community Fund?
Emmajean Woodyard is the Exec Director of Dearborn Community Fund.
Official website here: www.dearborncommunityfund.org
What is the revenue of Dearborn Community Fund?
Dearborn Community Fund's revenue in 2022 was $114,006.
Official website here: www.dearborncommunityfund.org
Who are the executives of Dearborn Community Fund and what are their salaries?
The average compensation at Dearborn Community Fund during 2022 was $18,273. There is 1 employee at Dearborn Community Fund.
Here are 10 key members and their salaries:
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Official website here: www.dearborncommunityfund.org
Where can I find the form 990 for Dearborn Community Fund?
Dearborn Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dearborncommunityfund.org
Learn more at the official website: www.dearborncommunityfund.org
Mission Statement of Dearborn Community Fund
The Dearborn Community Fund is committed to making a significant impact on its community by providing and promoting both financial and volunteer resources. This mission is geared towards directly enhancing the city of Dearborn, Michigan. In essence, the organization serves as a catalyst for positive change, channeling resources towards various community needs and initiatives.
One of the ways the Dearborn Community Fund fulfills its mission is by contributing to the local theater located within the Ford Community and Performing Arts Center. These contributions are directed towards capital improvements, ensuring the theater remains a vibrant and high-quality cultural hub for the community. This investment in the arts not only enriches the community culturally but also stimulates local economic growth and fosters a sense of community pride.
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Impact
October, 2024
The Dearborn Community Fund plays a pivotal role in enhancing the quality of life in Dearborn, MI, by providing and promoting essential financial and volunteer resources. Its contributions directly impact the local community, particularly through support for the theater at the Ford Community and Performing Arts Center, where funds are allocated for capital improvements. These efforts not only elevate the arts scene in Dearborn but also foster community engagement and growth, ensuring that residents have access to enriching cultural experiences.
This information is meant to be a general summary of Dearborn Community Fund. 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: $1,751
- Program Service Revenue: $78,595
- Gross Receipts: $114,006
Assets and Liabilities:
- Total Assets: $381,427
- Total Liabilities: $38,045
- Net Assets: $343,382
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY EVENTS
Revenue
$19,050
15300
Revenue
$44,245
POCKETS OF PERCEPTION
Revenue
$15,300
Organization Details
Founding Year
2000
Principal Officer
Emmajean Woodyard
Main Address
15801 MICHIGAN AVENUE, Dearborn, MI, 481262904
NTEE Category
Code: A12 - Arts
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