Overview
What is Promoting Wellness Foundation?
The Promoting Wellness Foundation, located in Farmington Hills, Michigan, is a dedicated nonprofit organization. Its primary mission is to foster health and wellness awareness among individuals. They accomplish this objective by integrating education and encouraging lifestyle modifications. The foundation's activities are centered around the promotion of overall health and wellbeing, using a holistic approach that empowers individuals to make positive changes in their lives. Their efforts extend beyond just providing information, as they strive to encourage and support sustainable lifestyle changes that contribute to improved health and wellness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
The Promoting Wellness Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization earned full points for having a majority of independent board members and for maintaining a strong liabilities to assets ratio, suggesting a solid financial foundation in those aspects. However, its overall score reflects significant shortcomings in areas such as board independence and transparency, which could be concerning for potential donors.
One of the notable strengths of the foundation is its program expense ratio, which indicates that a majority of its expenses are directed toward its mission-related programs. This is a positive sign for supporters who want to ensure their contributions are effectively utilized. However, the organization has not addressed key governance practices such as maintaining an independent board size or filing critical documents on its website, which are essential for transparency and public trust.
Additionally, the foundation lacks essential policies like a whistleblower policy and a document retention and destruction policy. The absence of these practices raises questions regarding the organization's commitment to accountability and ethical governance. Overall, while the Promoting Wellness Foundation demonstrates some positive financial metrics, its governance shortcomings could be a red flag for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Promoting Wellness Foundation legitimate?
Promoting Wellness Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promoting Wellness Foundation 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
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What is the mission statement of Promoting Wellness Foundation?
The Promoting Wellness Foundation is dedicated to promoting health and wellness, accomplishing this goal through educational initiatives and fostering lifestyle changes. Their mission is to raise awareness about health and wellness, encouraging individuals to adopt healthier habits and lifestyles. By providing educational resources, they aim to empower people to take control of their health and ultimately improve their overall well-being.
Who is the CEO of Promoting Wellness Foundation?
Mark Moyad is the Treasurer/Se of Promoting Wellness Foundation.
What is the revenue of Promoting Wellness Foundation?
Promoting Wellness Foundation's revenue in 2022 was $60,260.
Who are the executives of Promoting Wellness Foundation and what are their salaries?
There 1 volunteer at Promoting Wellness Foundation.
Here are 2 key members and their salaries:
- Compensation: $20,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Promoting Wellness Foundation?
Promoting Wellness Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Promoting Wellness Foundation
The Promoting Wellness Foundation is committed to promoting health and wellness in a unique way. Their mission is centered around education and encouraging lifestyle changes. By doing so, they aim to raise awareness about health and wellness, inspiring individuals to adopt healthier habits and live healthier lives. The foundation's activities are geared towards this goal, focusing on educating the public about various health and wellness topics and encouraging sustainable lifestyle changes. The Promoting Wellness Foundation is dedicated to making a positive impact on the well-being of individuals, fostering a healthier society as a whole.
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Impact
August, 2024
Promoting Wellness Foundation is dedicated to promoting health and wellness through education and lifestyle changes. Their impactful work in Farmington Hills, MI, focuses on raising awareness about health and wellness through various educational initiatives and advocating for positive lifestyle choices. Through their efforts, they are making a significant difference in encouraging individuals to prioritize their well-being and adopt healthier habits, ultimately contributing to a healthier community overall. Their work underlines the importance of proactive health management and the positive effects of lifestyle changes on overall well-being.
This information is meant to be a general summary of Promoting Wellness Foundation. 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: $42,760
- Gross Receipts: $972,320
Assets and Liabilities:
- Total Assets: $1,176,348
- Total Liabilities: $0
- Net Assets: $1,176,348
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Organization Details
Founding Year
2012
Phone
(248) 615-9500Principal Officer
Mark Moyad
Main Address
C/O 26050 ORCHARD LAKE RD 100, FARMINGTON HILLS, MI, 48334
NTEE Category
Code: A01 - Arts
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