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Montclair African American Heritage Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463674468 ✦ West orange, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Montclair African American Heritage Foundation?

The Montclair African American Heritage Foundation is a nonprofit organization dedicated to preserving and celebrating the African American cultural heritage in Montclair. Their primary objective is to fund and support high-quality local programs through community contributions. The foundation aims to accomplish this mission by hosting educational events and activities that foster a sense of community and encourage good neighborly relationships. Their goal is to contribute positively to the cultural landscape of Montclair, ensuring the rich African American legacy is well-represented and celebrated.


Official website here: www.maahf.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Montclair African American Heritage Foundation has achieved an impressive score of 97%, reflecting its strong commitment to accountability and financial health. This high rating is derived from its performance across various metrics, particularly the 100% score in the Accountability & Finance beacon. The foundation's effective governance practices, including a fully independent board and the absence of asset diversion, contribute significantly to its strong evaluation.

Strengths of the organization include a high program expense ratio of 90.94%, indicating that most of its funds are allocated directly to its programs rather than administrative costs. The foundation has also demonstrated thoroughness in its operational policies, with all necessary governance documents in place, such as conflict of interest and whistleblower policies. Furthermore, the organization maintains transparency by listing its website on tax forms and documenting board meeting minutes.

While the data highlights numerous strengths, it is essential to note that the rating is based solely on financial metrics and governance practices. Potential donors and supporters may want to seek additional information regarding the foundation's program impact and community engagement to gain a complete understanding of its effectiveness and mission fulfillment.


This AI summary has been generated from information found on Charity Navigator.

Is Montclair African American Heritage Foundation legitimate?

Montclair African American Heritage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montclair African American Heritage 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

For more financial information, click here


Official website here: www.maahf.org/

What is the mission statement of Montclair African American Heritage Foundation?

The Montclair African American Heritage Foundation's mission is centered around preserving and celebrating the African American cultural legacy. They aim to achieve this by backing high-quality local programs, primarily through community-driven funding. The foundation's primary goal is to organize educational events and initiatives that encourage community bonding and the fostering of positive neighborhood relationships.


Official website here: www.maahf.org/

Who is the CEO of Montclair African American Heritage Foundation?

Weatau Mc Pherson is the Treasurer of Montclair African American Heritage Foundation.


Official website here: www.maahf.org/

What is the revenue of Montclair African American Heritage Foundation?

Montclair African American Heritage Foundation's revenue in 2023 was $58,510.


Official website here: www.maahf.org/

Who are the executives of Montclair African American Heritage Foundation and what are their salaries?


Here are 5 key members and their salaries:


Weatau Mc Pherson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Te Niijah Bussey (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Thompson Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Terry (Co Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.maahf.org/

Where can I find the form 990 for Montclair African American Heritage Foundation?

Montclair African American Heritage Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.maahf.org/

Learn more at the official website: www.maahf.org/

Mission Statement of Montclair African American Heritage Foundation

The Montclair African American Heritage Foundation, in its mission, seeks to preserve and celebrate the rich African American cultural legacy. They accomplish this by supporting local programs of high quality, funding them through grassroots initiatives. Their primary goal is to sponsor educational events and activities that foster community building and promote good neighborly relationships. By engaging in these activities, Montclair African American Heritage Foundation contributes to a more cohesive and enriched community, upholding the values of its African American heritage.

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Impact




August, 2024

The Montclair African American Heritage Foundation's impact centers around promoting community building and fostering good neighbor relationships through educational events and activities. Their goal is to build upon the rich African American cultural legacy by supporting quality local programs funded through grassroots efforts. Through their initiatives, they contribute to the preservation and celebration of African American heritage, creating a more connected and culturally enriched community.




This information is meant to be a general summary of Montclair African American Heritage 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.

Revenue
$58,510 (2023)
Expenses
$55,420 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $58,510

Assets and Liabilities:

  • Total Assets: $75,993
  • Total Liabilities: $0
  • Net Assets: $75,993

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Organization Details

Founding Year

2013

Principal Officer

Weatau Mc Pherson

Main Address

26 PARK DRIVE SOUTH, WEST ORANGE, NJ, 07052

NTEE Category

Code: W99 - Public benefit

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