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Dir Biyaber Edir Mutual Assistance Association Of Los Angeles

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

EIN: 464414989 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Dir Biyaber Edir Mutual Assistance Association Of Los Angeles?

Dir Biyaber Edir Mutual Assistance Association of Los Angeles is a nonprofit organization situated in Los Angeles, California. Their primary mission lies in offering financial aid to families who are going through the challenging time of a family member's demise. They provide the necessary financial support to cover funeral expenses. Their operations are headquartered at 1400 S Hayworth Avenue 207 in Los Angeles, CA 90035. While the information provided does not detail the extent of their reach or other programs, it is clear that they are committed to alleviating the financial burden during such difficult times.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

The Dir Biyaber Edir Mutual Assistance Association of Los Angeles has received a low performance score of 50%, reflecting significant concerns in various areas of accountability and governance. A key issue is the complete absence of independent board members, which raises questions about oversight and potential conflicts of interest. Additionally, there are several missing policies, including conflict of interest and whistleblower policies, indicating possible gaps in governance practices.

On a more positive note, the organization demonstrates strong commitment to its programs, as evidenced by a high program expense ratio of 98.50%. This suggests that the majority of its expenditures are directed towards fulfilling its mission, rather than administrative costs. Moreover, the charity maintains a solid liabilities to assets ratio of 0.00%, indicating financial stability in terms of asset management.

Overall, while the organization shows a strong focus on program spending, its governance structure and transparency practices are significant areas of concern. The lack of essential policies and independent oversight may hinder its effectiveness and trustworthiness as a nonprofit organization.


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

Is Dir Biyaber Edir Mutual Assistance Association Of Los Angeles legitimate?

Dir Biyaber Edir Mutual Assistance Association Of Los Angeles is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dir Biyaber Edir Mutual Assistance Association Of Los Angeles 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

What is the mission statement of Dir Biyaber Edir Mutual Assistance Association Of Los Angeles?

The Dir Biyaber Edir Mutual Assistance Association of Los Angeles is dedicated to offering financial aid to families who require assistance in covering funeral expenses following the demise of a family member. Their primary mission is to alleviate the financial burden during such challenging times. They provide this assistance to ensure that families can honor their loved ones in a dignified manner, without undue financial stress. The association operates on the principle of mutual assistance, where its members support one another in times of need. While they primarily focus on funeral expenses, their mission extends to offering comfort and relief to grieving families during a difficult period.

Who is the CEO of Dir Biyaber Edir Mutual Assistance Association Of Los Angeles?

Tsehay Argaw is the President of Dir Biyaber Edir Mutual Assistance Association Of Los Angeles.

What is the revenue of Dir Biyaber Edir Mutual Assistance Association Of Los Angeles?

Dir Biyaber Edir Mutual Assistance Association Of Los Angeles's revenue in 2023 was $476,456.

Who are the executives of Dir Biyaber Edir Mutual Assistance Association Of Los Angeles and what are their salaries?

There 10 volunteers at Dir Biyaber Edir Mutual Assistance Association Of Los Angeles.


Here are 7 key members and their salaries:


Tsehay Argaw (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Argaw Belay (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fasika Abraham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mersha Gobena (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asfaw Woldeyes (Auditor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Berhanu Abebe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asfaw Yigezu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dir Biyaber Edir Mutual Assistance Association Of Los Angeles?

Dir Biyaber Edir Mutual Assistance Association Of Los Angeles's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Dir Biyaber Edir Mutual Assistance Association Of Los Angeles

Dir Biyaber Edir Mutual Assistance Association of Los Angeles is a nonprofit organization with a mission to provide financial assistance to families in need, specifically when they are facing funeral expenses following the death of a family member. The association's purpose is to alleviate the financial burden that can often accompany the loss of a loved one, ensuring that families are not left to bear the costs alone during a difficult time. By offering financial assistance, Dir Biyaber Edir Mutual Assistance Association of Los Angeles aims to provide a measure of relief and support, allowing families to focus on grieving and healing rather than worrying about funeral expenses.

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Impact




July, 2024

Dir Biyaber Edir Mutual Assistance Association Of Los Angeles makes a significant impact by providing vital financial assistance to families in need following the death of a loved one. This support helps alleviate the burden of funeral expenses, ensuring that families can properly honor their deceased family member without facing financial hardship. Through their work, Dir Biyaber Edir Mutual Assistance Association Of Los Angeles plays a crucial role in supporting and strengthening the community during times of loss and grief.




This information is meant to be a general summary of Dir Biyaber Edir Mutual Assistance Association Of Los Angeles. 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
$476,456 (2023)
Expenses
$536,573 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $476,456

Assets and Liabilities:

  • Total Assets: $23,647
  • Total Liabilities: $0
  • Net Assets: $23,647

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Organization Details

Founding Year

2014

Principal Officer

Tsehay Argaw

Main Address

1400 S Hayworth Avenue 207, Los Angeles, CA, 90035

NTEE Category

Code: P40 - Human services

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