Overview
What is Kimpatorin Aid Inc?
Kimpatorin Aid Inc is a compassionate nonprofit organization located in Brooklyn, New York. Its primary mission is to offer financial and emotional support to new mothers who lack familial assistance. During their recovery period, these mothers and their families are provided with nourishing meals, carriages, cribs, and various other essential items to help them navigate this challenging time. With a dedicated team of eight individuals, Kimpatorin Aid Inc strives to make a positive impact in the lives of new mothers, ensuring they have the necessary resources to care for their newborns.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Kimpatorin Aid Inc has received a score of 79% from Charity Navigator, reflecting a solid three-star rating. This score is primarily based on the organization's accountability and finance practices, which are crucial for maintaining donor trust and ensuring effective use of resources. The organization has achieved full marks in several areas, including having a majority of independent board members and a strong conflict of interest policy, indicating a commitment to ethical governance.
The charity demonstrates an impressive program expense ratio of 84.56%, meaning a significant portion of its resources is directed towards its programs rather than administrative costs. This efficiency showcases the organization's focus on its mission, which is essential for maximizing impact. Furthermore, the presence of robust audit and oversight mechanisms, highlighted by a fully functioning audit committee, further enhances confidence in its financial management practices.
However, Kimpatorin Aid Inc's liabilities to assets ratio of 94.72% indicates a potential area of concern, as it suggests a high level of liabilities compared to its assets. This may raise questions about the organization’s financial stability in the long term. Overall, while Kimpatorin Aid Inc demonstrates strong governance and effective program execution, stakeholders may want to monitor its financial health closely.
This AI summary has been generated from information found on Charity Navigator.
Is Kimpatorin Aid Inc legitimate?
Kimpatorin Aid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kimpatorin Aid 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,037
For more financial information, click here
What is the mission statement of Kimpatorin Aid Inc?
Kimpatorin Aid Inc's mission is focused on providing assistance to new mothers who lack familial support. This non-profit organization offers both financial and emotional support during the recovery period. New mothers and their families are provided with nourishing meals, essential items such as carriages and cribs, and other necessary assistance to help them navigate this challenging time. The organization's goal is to ensure that new mothers feel supported and cared for during this critical period in their lives.
What is the revenue of Kimpatorin Aid Inc?
Kimpatorin Aid Inc's revenue in 2023 was $1,735,935.
Who are the executives of Kimpatorin Aid Inc and what are their salaries?
The average compensation at Kimpatorin Aid Inc during 2023 was $11,003. There are 12 employees and 78 volunteers at Kimpatorin Aid Inc.
Here are 7 key members and their salaries:
- Compensation: $31,625
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kimpatorin Aid Inc?
Kimpatorin Aid Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kimpatorin Aid Inc
Kimpatorin Aid Inc, a nonprofit organization, is dedicated to providing financial and emotional support to new mothers who find themselves in challenging circumstances, lacking familial assistance. During their recuperation period, these new mothers and their families are offered nourishing meals. Additionally, the organization provides essential items such as carriages, cribs, and various other forms of assistance, aiming to ease the difficulties of this critical phase in their lives. In essence, Kimpatorin Aid Inc seeks to uplift and empower new mothers, providing them with the necessary support to navigate their transition into motherhood.
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Impact
July, 2024
Kimpatorin Aid Inc makes a significant impact by providing financial and emotional support to new mothers without familial assistance. Through the provision of nourishing meals during the recuperation period, as well as essential items such as carriages and cribs for their newborns, the organization helps alleviate the challenges faced by these mothers and their families during a difficult period. By offering this support, Kimpatorin Aid Inc positively contributes to the well-being and stability of new mothers and their families in Brooklyn, NY.
This information is meant to be a general summary of Kimpatorin Aid 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.
- Gross Receipts: $1,735,935
Assets and Liabilities:
- Total Assets: $561,066
- Total Liabilities: $531,486
- Net Assets: $29,580
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Organization Details
Founding Year
2012
Principal Officer
Benzion Unger
NTEE Category
Code: P20 - Human services
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