Overview
What is Emergency Assistance Foundation Inc?
The Emergency Assistance Foundation Inc, established in 2011, is a charitable organization based in West Palm Beach, Florida, with a sole mission to assist other organizations in offering aid during difficult times. With a rising number of disasters occurring worldwide, there was a need for organizations to respond efficiently and effectively. To address this issue, the Emergency Assistance Foundation was created as a public charity. The organization enables its Fund Partners to establish global disaster and hardship relief funds, which can later grant funds to individuals in need, based on defined criteria and eligibility. The Emergency Assistance Foundation manages all fund activities independently.
Official website here: www.emergencyassistancefdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Emergency Assistance Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, with an overall score of 97%. This high rating is derived exclusively from its Accountability & Finance performance, demonstrating the organization’s commitment to transparency and responsible management of funds. The foundation excels in various aspects of governance and financial health, ensuring that resources are effectively allocated to its programs.
Strengths of the organization include a fully independent board and robust financial oversight mechanisms. The foundation scored perfectly in several categories, such as having no material diversion of assets and maintaining an exceptional program expense ratio of 97.52%. Additionally, its fundraising efficiency is outstanding with a ratio of just $0.002, indicating that the organization spends very little on fundraising compared to the funds generated for charitable purposes.
While the data highlights numerous strengths, it is important to acknowledge that the score is based solely on accountability and finance metrics. This focus means that other aspects of the organization's impact and effectiveness may not be captured in this rating. Overall, the Emergency Assistance Foundation Inc demonstrates a strong foundation in fiscal responsibility, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Emergency Assistance Foundation Inc legitimate?
Emergency Assistance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emergency Assistance Foundation 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: $485,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.emergencyassistancefdn.org
What is the mission statement of Emergency Assistance Foundation Inc?
The Emergency Assistance Foundation Inc is dedicated to administering global disaster and hardship relief funds. By establishing these funds, the organization provides grants to eligible individuals in need around the world. Each fund is unique, with specific grant criteria and a defined charitable class. The Foundation's sole purpose is to independently manage all fund activities. In 2011, it was founded to help organizations assist their own communities during times of crisis. With a rising number of disasters occurring globally, there was a need for an efficient and effective response. Thus, Emergency Assistance Foundation Inc was created to support these organizations in providing relief to those in need.
Official website here: www.emergencyassistancefdn.org
Who is the CEO of Emergency Assistance Foundation Inc?
Douglas Stockham is the Director, Secretary/Treasu of Emergency Assistance Foundation Inc.
Official website here: www.emergencyassistancefdn.org
What is the revenue of Emergency Assistance Foundation Inc?
Emergency Assistance Foundation Inc's revenue in 2022 was $58,693,568.
Official website here: www.emergencyassistancefdn.org
Who are the executives of Emergency Assistance Foundation Inc and what are their salaries?
The average compensation at Emergency Assistance Foundation Inc during 2022 was $485,590. There is 1 employee and 10 volunteers at Emergency Assistance Foundation Inc.
Here are 11 key members and their salaries:
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- Compensation: $459,583
- Related: $0
- Other: $26,007
Official website here: www.emergencyassistancefdn.org
Where can I find the form 990 for Emergency Assistance Foundation Inc?
Emergency Assistance Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.emergencyassistancefdn.org
Learn more at the official website: www.emergencyassistancefdn.org
Mission Statement of Emergency Assistance Foundation Inc
The Emergency Assistance Foundation Inc, a charitable organization, was established with a singular mission: to independently administer global disaster and hardship relief funds. By providing grants to eligible individuals in need, this foundation aims to offer a helping hand to communities affected by various crises around the world.
Founded in 2011, the Emergency Assistance Foundation serves as a trustworthy partner for organizations seeking to support their own during times of hardship. It recognized a pressing need for efficient and effective responses to the increasing number of disasters that were occurring globally. In response, the Foundation was created, enabling organizations to establish disaster and hardship relief funds with defined grant criteria and a specific charitable class.
The Foundation's primary focus lies in the administration of these funds. It ensures that all activities related to the funds are carried out independently, allowing organizations to direct their resources towards helping those in need rather than managing the intricacies of grant distribution. By assuming this role, the Emergency Assistance Foundation enables organizations to make a meaningful difference in their communities and beyond.
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Impact
October, 2024
Emergency Assistance Foundation Inc has a significant impact by addressing the growing need for timely and effective support during global disasters and hardships. Established in 2011, the organization provides a structured approach for various partners to create disaster relief funds tailored to specific communities and contexts. This initiative allows organizations to take proactive steps in supporting their members during crises, ensuring that those affected receive financial assistance quickly.
By administering these relief funds, Emergency Assistance Foundation helps streamline the process of granting aid, ensuring that eligible individuals receive the help they need. The foundation has developed a framework where each fund operates under unique grant criteria and is dedicated to a defined group of individuals, enhancing the precision and effectiveness of the relief efforts. This tailored approach allows for a more focused response to diverse needs, whether stemming from natural disasters, economic difficulties, or other challenging circumstances.
Through its mission, the foundation not only provides immediate financial support but also empowers organizations to take charge of their humanitarian efforts, fostering a culture of solidarity and resilience in the face of adversity. The broader impact is seen in the enhanced capacity of communities to recover from setbacks, highlighting the importance of organized philanthropic efforts in disaster relief initiatives.
This information is meant to be a general summary of Emergency Assistance Foundation 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: $319,442
- Program Service Revenue: $16,973
- Gross Receipts: $58,723,451
Assets and Liabilities:
- Total Assets: $81,326,371
- Total Liabilities: $1,340,800
- Net Assets: $79,985,571
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EAF Canada Service Fee
Revenue
$16,973
Organization Details
Founding Year
2011
Phone
(866) 586-6054Principal Officer
Douglas Stockham
Main Address
700 S Dixie Highway 107, West Palm Beach, FL, 33401
NTEE Category
Code: T20 - Philanthropy
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