Overview
What is Independence First Foundation Inc?
Independence First Foundation Inc, located in Milwaukee, Wisconsin, is a charitable organization that works in support of Independence First Inc, a community-based, non-residential independent living center. The Foundation aims to expand and fund existing programs, develop new facilities, and initiate new operations to fulfill Independence First's charitable mission. By doing so, they contribute to the empowerment and self-sufficiency of individuals with disabilities, providing them with essential resources and opportunities. The Foundation's work focuses on fostering independence and enhancing the quality of life for those who seek to live independently.
Official website here: www.independencefirst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Independence First Foundation Inc has achieved an impressive 96% rating from Charity Navigator, indicating a strong performance in the realm of accountability and finance. This high score signifies effective governance and financial management, showcasing the organization’s commitment to transparency and responsible stewardship of resources. The score is attributed entirely to their accountability and finance metrics, highlighting no significant areas of concern.
The organization boasts a fully independent board, with all eight members meeting the criteria for independence, which enhances its governance structure. Additionally, the foundation has demonstrated diligence in financial oversight, as evidenced by its comprehensive audit and oversight committee, alongside a clean record of material asset diversion. These attributes contribute to a strong level of trust among donors and stakeholders.
Moreover, Independence First Foundation Inc maintains a commendable program expense ratio of 93.82%, indicating that a substantial portion of its funding is directed towards its mission-driven activities. The nonprofit also has robust policies in place regarding conflict of interest, whistleblowing, and document retention, further underscoring its commitment to ethical practices. Overall, the organization stands out as a model of accountability and effective financial management in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Independence First Foundation Inc legitimate?
Independence First Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence First 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.independencefirst.org
What is the mission statement of Independence First Foundation Inc?
The Independence First Foundation Inc, through its charitable efforts, supports a community-based, non-residential independent living center. Its mission aligns with that of the center, aiming to expand and fund existing programs, as well as develop new facilities, programs, and operations to fulfill the center's mission. The foundation's key goal is to assist in the center's endeavors, ultimately contributing to the empowerment and independence of individuals with disabilities.
Official website here: www.independencefirst.org
Who is the CEO of Independence First Foundation Inc?
Marcia Boucher is the CEO of Independence First Foundation Inc The CEO's salary of Independence First Foundation Inc is $0 and their total compensation is $270,342.
Official website here: www.independencefirst.org
What is the revenue of Independence First Foundation Inc?
Independence First Foundation Inc's revenue in 2024 was $1,048,715.
Official website here: www.independencefirst.org
Who are the executives of Independence First Foundation Inc and what are their salaries?
There 7 volunteers at Independence First Foundation Inc.
Here are 15 key members and their salaries (Independence First Foundation Inc's CEO's salary is $0 and their total compensation is $270,342):
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $245,894
- Other: $24,448
- Compensation: $0
- Related: $196,072
- Other: $11,112
- Compensation: $0
- Related: $177,021
- Other: $27,954
- Compensation: $0
- Related: $149,309
- Other: $23,769
- Compensation: $0
- Related: $120,289
- Other: $43,924
- Compensation: $0
- Related: $123,514
- Other: $28,469
- Compensation: $0
- Related: $109,442
- Other: $15,337
- Compensation: $0
- Related: $111,614
- Other: $21,059
Official website here: www.independencefirst.org
Where can I find the form 990 for Independence First Foundation Inc?
Independence First Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.independencefirst.org
Learn more at the official website: www.independencefirst.org
Mission Statement of Independence First Foundation Inc
The Independence First Foundation, Inc. is an organization that plays a crucial role in supporting the charitable mission of Independence First, a community-based, non-residential independent living center. Its mission is to help Independence First expand or fund existing programs, and in the development of new facilities, programs, and operations to fulfill its charitable mission. By doing so, the Foundation aims to empower individuals with disabilities to live independently and participate fully in their communities. The Foundation may also assist Independence First in its efforts to provide resources, support, and opportunities that enable people with disabilities to lead fulfilling and self-directed lives. Ultimately, the Independence First Foundation, Inc. seeks to create a more inclusive and equitable society where everyone, regardless of ability, has the opportunity to thrive.
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Impact
June, 2024
Independence First Foundation Inc's impact is focused on supporting the charitable mission of Independence First, Inc., a community-based, non-residential independent living center in Milwaukee, Wisconsin. The Foundation may assist Independence First in expanding or funding existing programs, as well as in the development of new facilities, programs, and operations to fulfill Independence First's charitable mission. The Foundation's support plays a crucial role in promoting independence and empowering individuals with disabilities in the Milwaukee community.
This information is meant to be a general summary of Independence First 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 2024.
- Investment Income: $431,383
- Gross Receipts: $4,917,959
Assets and Liabilities:
- Total Assets: $14,839,162
- Total Liabilities: $13,735
- Net Assets: $14,825,427
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Organization Details
Founding Year
2013
Principal Officer
Marcia Boucher
Website
www.independencefirst.orgNTEE Category
Code: F11 - Mental health
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