Overview
What is The Hunar Foundation Incorporated?
The Hunar Foundation Incorporated is a nonprofit organization situated in Pacific Palisades, California. Their primary focus is to bridge the gap in educational opportunities for young adults in Pakistan. By investing in vocational education, they aim to equip these individuals with the necessary technical skills that are in demand in the job market, thereby enhancing their earning potential. The organization's mission is deeply rooted in addressing the educational disparities faced by the youth in Pakistan.
Official website here: www.hunarfoundationusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Hunar Foundation Incorporated has received a Three-Star rating from Charity Navigator, indicating a score of 76%. This rating is based entirely on accountability and finance metrics. The organization demonstrates strong fiscal responsibility, with a program expense ratio of 98.38%, suggesting that nearly all of its expenditures are directed toward its mission.
The foundation has shown its commitment to good governance with a fully independent board, consisting of 10 members, and has not experienced any material diversion of assets. Furthermore, it maintains a strong liability to assets ratio of 0%, highlighting its financial stability. However, the organization has several missing policies, including conflict of interest and whistleblower policies, which could affect its governance practices.
Overall, while The Hunar Foundation demonstrates robust financial health and accountability, addressing the gaps in its policy framework could enhance its credibility and governance standards. The organization is transparent in its operations, as evidenced by its listed tax form on its website, which is an important aspect of nonprofit accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Hunar Foundation Incorporated legitimate?
The Hunar Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hunar Foundation Incorporated 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: $0
For more financial information, click here
Official website here: www.hunarfoundationusa.org
What is the mission statement of The Hunar Foundation Incorporated?
The mission of The Hunar Foundation Incorporated is centered around addressing the lack of educational opportunities for the youth in Pakistan. To accomplish this, the organization invests in quality vocational education that caters to the technical skill requirements in the marketplace. This educational approach is designed to enhance the wage-earning capabilities of young adults in Pakistan.
Official website here: www.hunarfoundationusa.org
Who is the CEO of The Hunar Foundation Incorporated?
Shimmi Kidwai is the President of The Hunar Foundation Incorporated.
Official website here: www.hunarfoundationusa.org
What is the revenue of The Hunar Foundation Incorporated?
The Hunar Foundation Incorporated's revenue in 2022 was $153,758.
Official website here: www.hunarfoundationusa.org
Who are the executives of The Hunar Foundation Incorporated and what are their salaries?
There 4 volunteers at The Hunar Foundation Incorporated.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.hunarfoundationusa.org
Where can I find the form 990 for The Hunar Foundation Incorporated?
The Hunar Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hunarfoundationusa.org
Learn more at the official website: www.hunarfoundationusa.org
Mission Statement of The Hunar Foundation Incorporated
The Hunar Foundation Incorporated is a nonprofit organization with a mission to tackle the absence of educational opportunities for the youth in Pakistan. Recognizing the need for technical skills in the job market, this organization focuses on investing in high-quality vocational education for young adults in the country. By doing so, The Hunar Foundation Incorporated aims to equip these young individuals with the necessary skills to secure wage-earning capabilities. The organization's mission is to bridge the gap between the lack of educational opportunities and the market's technical skill requirements, ultimately empowering the youth of Pakistan to build a better future for themselves.
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Impact
October, 2024
The Hunar Foundation Incorporated significantly impacts the lives of young adults in Pakistan by addressing the critical shortage of educational opportunities. By investing in quality vocational education, the organization equips youth with technical skills that are in high demand in the marketplace. This approach not only enhances their employability but also empowers them to achieve wage-earning capabilities, promoting economic stability for individuals and their families. Through its programs, The Hunar Foundation fosters a skilled workforce that can contribute positively to the local economy, ultimately helping to uplift communities and reduce unemployment in the region.
This information is meant to be a general summary of The Hunar Foundation Incorporated. 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: $153,758
Assets and Liabilities:
- Total Assets: $196,943
- Total Liabilities: $0
- Net Assets: $196,943
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Organization Details
Founding Year
2015
Phone
(630) 301-9870Principal Officer
Shimmi Kidwai
Main Address
17352 Sunset Blvd, Pacific Palisades, CA, 90272
Website
www.hunarfoundationusa.orgNTEE Category
Code: Q30 - International
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