Overview
What is Hmong American Friendship Association Inc?
The Hmong American Friendship Association Inc, situated in Milwaukee, Wisconsin, is a dedicated nonprofit organization. Their primary mission is to foster self-sufficiency among the individuals they serve, by addressing cultural, social, and linguistic barriers. They accomplish this by identifying and connecting individuals with resources tailored to their specific needs. With a team of 23 dedicated employees, they strive to bridge the gap between various communities, ultimately promoting self-reliance and well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
The Hmong American Friendship Association Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The overall score of 90% is derived entirely from its Accountability & Finance metrics, indicating a focus on responsible financial management and transparency.
One of the key strengths of the organization includes its board composition, which is composed entirely of independent members, ensuring that there are no conflicts of interest in decision-making. The charity excels in several areas, including having a solid financial oversight structure with an audit and oversight committee, a low liabilities to assets ratio of 25.96%, and a remarkable program expense ratio of 96.39%, demonstrating that the majority of its resources are directed towards its mission-related programs.
While the financial assessment is robust, there is no detailed information provided about the specific programs or community impact of the Hmong American Friendship Association Inc. This could limit a comprehensive understanding of its effectiveness beyond financial metrics. Nonetheless, the organization showcases strong governance practices, which are crucial for maintaining donor trust and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Hmong American Friendship Association Inc legitimate?
Hmong American Friendship Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hmong American Friendship Association 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: $72,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,033
For more financial information, click here
What is the mission statement of Hmong American Friendship Association Inc?
The Hmong American Friendship Association Inc's mission is geared towards fostering self-sufficiency among the individuals they serve. They achieve this by breaking down cultural, social, and linguistic barriers and proactively identifying resources that cater to their needs. This organization is committed to bridging gaps and ensuring the availability of resources necessary for the betterment of those they serve.
Who is the CEO of Hmong American Friendship Association Inc?
Lo Neng Kiatoukaysay is the Executive Director of Hmong American Friendship Association Inc.
What is the revenue of Hmong American Friendship Association Inc?
Hmong American Friendship Association Inc's revenue in 2022 was $1,552,158.
Who are the executives of Hmong American Friendship Association Inc and what are their salaries?
The average compensation at Hmong American Friendship Association Inc during 2022 was $18,642. There are 23 employees and 15 volunteers at Hmong American Friendship Association Inc.
Here are 8 key members and their salaries:
- Compensation: $72,742
- Related: $0
- Other: $0
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- Other: $0
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Where can I find the form 990 for Hmong American Friendship Association Inc?
Hmong American Friendship Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hmong American Friendship Association Inc
The Hmong American Friendship Association Inc is committed to fostering self-sufficiency among the individuals they serve. They achieve this by overcoming cultural, social, and language barriers and identifying resources that cater to the specific needs of their clientele. By doing so, they aim to bridge the gap between these individuals and the resources available to them, thereby promoting their independence and well-being.
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Impact
July, 2024
The Hmong American Friendship Association Inc has a significant impact on promoting self-sufficiency among the individuals they serve by bridging cultural, social, and language barriers. They work diligently to identify resources that meet the unique needs of their community members, helping them overcome challenges and thrive in their new environment. By focusing on human services, this organization plays a crucial role in empowering individuals to become more independent and integrated members of society.
This information is meant to be a general summary of Hmong American Friendship Association 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: $590
- Program Service Revenue: $20,010
- Gross Receipts: $1,552,158
Assets and Liabilities:
- Total Assets: $656,752
- Total Liabilities: $170,496
- Net Assets: $486,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Translation Fees
Revenue
$20,010
Organization Details
Founding Year
1983
Principal Officer
Lo Neng Kiatoukaysay
Main Address
3824 W Vliet Street, Milwaukee, WI, 53208
NTEE Category
Code: P84Z - Human services
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