Overview
What is Dearborn Goodfellows Inc?
Dearborn Goodfellows Inc is a compassionate nonprofit organization situated in Dearborn, Michigan, specifically at 23400 Park Street. Their primary mission is to extend aid to underprivileged families in the local area, providing essential items such as clothing, children's gifts, and food. Through their selfless efforts, they aim to alleviate some of the financial burdens faced by these families during challenging times. The organization's activities are centered around this mission, striving to make a positive impact in their community.
Official website here: www.dearborngoodfellows.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Dearborn Goodfellows Inc has received a low rating of 56%, indicating concerns about its accountability and financial management. The organization has a poor score for its board structure, with no independent members, which raises questions about governance and decision-making practices. While it has shown a strong program expense ratio of 89.76%, reflecting efficient use of funds towards its mission, other areas of governance significantly detract from its overall score.
The lack of essential policies such as conflict of interest, whistleblower, and document retention showcases a need for improvement in transparency and ethical standards. Additionally, the absence of independent board members suggests a potential conflict of interest and a lack of oversight, which is crucial for maintaining trust and accountability with stakeholders. Despite these weaknesses, the organization has maintained that there is no material diversion of assets, ensuring that funds are allocated as intended.
In summary, while Dearborn Goodfellows Inc demonstrates a commitment to its programs and effective financial management, the glaring deficiencies in governance and policy adherence highlight the need for substantial improvements. Stakeholders may want to consider these factors when evaluating the organization's overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Dearborn Goodfellows Inc legitimate?
Dearborn Goodfellows Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dearborn Goodfellows 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:
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For more financial information, click here
Official website here: www.dearborngoodfellows.org
What is the mission statement of Dearborn Goodfellows Inc?
Dearborn Goodfellows Inc is committed to assisting underprivileged families by providing essential items such as clothing, children's gifts, and food. Their mission is to alleviate the hardships faced by these families, aiming to ensure they have the necessary resources to maintain a decent standard of living. The organization operates in an unspecified location, but its impact is felt within the community, providing vital support during challenging times.
Official website here: www.dearborngoodfellows.org
Who is the CEO of Dearborn Goodfellows Inc?
Karl L Fava is the Executive Di of Dearborn Goodfellows Inc.
Official website here: www.dearborngoodfellows.org
What is the revenue of Dearborn Goodfellows Inc?
Dearborn Goodfellows Inc's revenue in 2023 was $75,326.
Official website here: www.dearborngoodfellows.org
Who are the executives of Dearborn Goodfellows Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.dearborngoodfellows.org
Where can I find the form 990 for Dearborn Goodfellows Inc?
Dearborn Goodfellows Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dearborngoodfellows.org
Learn more at the official website: www.dearborngoodfellows.org
Mission Statement of Dearborn Goodfellows Inc
Dearborn Goodfellows Inc, a nonprofit organization, is dedicated to alleviating the hardships faced by underprivileged families in their community. Their mission is to provide essential necessities such as clothing, children's gifts, and food to these families, ensuring they have the basic necessities during the holiday season and beyond. By undertaking this mission, Dearborn Goodfellows Inc strives to uplift the lives of those in need, bringing joy and comfort to their families during challenging times.
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Impact
August, 2024
Dearborn Goodfellows Inc's impact is profound as they provide clothing, children's gifts, food, and other essentials to underprivileged families in the Dearborn, Michigan area. By addressing the basic needs of these families, they contribute to reducing the burden of financial insecurity and ensuring that vulnerable individuals have access to essential items for their well-being. Their work helps to create a more caring and supportive community where families in need can receive the assistance they require to thrive.
This information is meant to be a general summary of Dearborn Goodfellows 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.
- Investment Income: -$51,826
- Gross Receipts: $86,413
Assets and Liabilities:
- Total Assets: $1,056,200
- Total Liabilities: $0
- Net Assets: $1,056,200
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Organization Details
Founding Year
1938
Phone
(313) 587-7952Principal Officer
Karl L Fava
Main Address
23400 PARK STREET, DEARBORN, MI, 48124
Website
www.dearborngoodfellows.orgNTEE Category
Code: Z99Z - Unknown
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