Overview
What is Kids' Chance Of Michigan Inc?
Kids' Chance of Michigan Inc is a nonprofit organization dedicated to providing financial aid for the education and well-being of children whose parents have suffered serious injuries or unfortunate deaths while working or employed in Michigan. By managing and distributing funds for charitable, educational, and scientific purposes, this organization aims to offer crucial support to these affected children, ensuring they have the opportunity to pursue their future endeavors.
Official website here: www.kidschanceofmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating
Kids' Chance of Michigan Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates some positive attributes, there are notable areas of concern. The accountability and finance score stands at 70, reflecting a solid commitment to governance and transparency, particularly highlighted by the organization having a fully independent board and proper handling of conflicts of interest.
However, the nonprofit faces significant challenges with its program expense ratio, which is only 9 out of a possible 25 points. This suggests that a smaller proportion of its funds are directed toward its programs compared to administrative or fundraising expenses. Furthermore, the absence of a whistleblower policy and deficiencies in document retention and destruction policies were noted, indicating potential gaps in internal governance practices.
Overall, while Kids' Chance of Michigan Inc shows strengths in board independence and asset management, its lower program expense ratio and governance policy shortcomings may warrant further attention from potential donors and stakeholders looking for accountability and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Kids' Chance Of Michigan Inc legitimate?
Kids' Chance Of Michigan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids' Chance Of Michigan 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.
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For more financial information, click here
Official website here: www.kidschanceofmi.org
What is the mission statement of Kids' Chance Of Michigan Inc?
Kids' Chance of Michigan Inc. is an organization that focuses on charitable, educational, and scientific pursuits with a specific mission. They provide financial assistance to children whose parents have been seriously injured or tragically lost their lives in their workplaces or during their employment. The primary goal of Kids' Chance of Michigan Inc. is to support these children, ensuring they have the necessary resources for their education. By administering funds for these purposes, the organization aims to alleviate the financial burdens faced by these children, ultimately enabling them to continue their education without undue hardship.
Official website here: www.kidschanceofmi.org
Who is the CEO of Kids' Chance Of Michigan Inc?
Paul Kauffman is the President of Kids' Chance Of Michigan Inc.
Official website here: www.kidschanceofmi.org
What is the revenue of Kids' Chance Of Michigan Inc?
Kids' Chance Of Michigan Inc's revenue in 2022 was $125,433.
Official website here: www.kidschanceofmi.org
Who are the executives of Kids' Chance Of Michigan Inc and what are their salaries?
There 20 volunteers at Kids' Chance Of Michigan Inc.
Here are 11 key members and their salaries:
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Official website here: www.kidschanceofmi.org
Where can I find the form 990 for Kids' Chance Of Michigan Inc?
Kids' Chance Of Michigan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kidschanceofmi.org
Learn more at the official website: www.kidschanceofmi.org
Mission Statement of Kids' Chance Of Michigan Inc
Kids' Chance of Michigan, a nonprofit organization, is dedicated to serving a crucial mission. They receive and manage funds for charitable, educational, and scientific purposes with a specific focus on financially supporting children whose parents have been seriously injured or lost their lives due to work-related incidents or employment-related accidents within the state of Michigan. This nonprofit aims to provide financial assistance to these children, ensuring they have the necessary resources to pursue their education and continue their lives despite the tragic circumstances that have affected their families. By doing so, Kids' Chance of Michigan plays a significant role in supporting the future of these children, offering them the opportunity to overcome challenges and build a brighter future.
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Impact
October, 2024
Kids' Chance of Michigan Inc plays a crucial role in supporting the families of workers who have faced serious injuries or fatalities while on the job. By providing financial assistance to the children of these workers, the organization helps to alleviate some of the burdens that arise from such tragic circumstances. This support often ensures that affected children can continue their education and pursue their dreams, despite the challenges they face.
Operating in Michigan, the organization efficiently administers funds raised for charitable, educational, and scientific purposes. By focusing on education, Kids' Chance empowers children to build brighter futures even in the wake of adversity. The impact can be seen in the lives of the families it serves, fostering resilience and hope in communities that have been touched by workplace tragedies. Through its efforts, Kids' Chance of Michigan Inc not only provides immediate financial relief but also champions long-term stability and growth for the next generation.
This information is meant to be a general summary of Kids' Chance Of Michigan 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.
- Program Service Revenue: $125,433
- Gross Receipts: $125,433
Assets and Liabilities:
- Total Assets: $138,426
- Total Liabilities: $0
- Net Assets: $138,426
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATION INCOME
Revenue
$66,366
FUND RAISING INCOME
Revenue
$59,067
Organization Details
Founding Year
2012
Phone
(586) 909-4368Principal Officer
Paul Kauffman
Main Address
3001 WEST BIG BEAVER SUITE 210, TROY, MI, 48084
Website
www.kidschanceofmi.orgNTEE Category
Code: T12 - Philanthropy
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