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Esther Ha Foundation Inc

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

EIN: 464730200 ✦ Bayside, NY ✦ Designated as a 501(c)(3)

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Overview

What is Esther Ha Foundation Inc?

Esther Ha Foundation Inc, based in Bayside, New York, is a nonprofit organization with a focus on mental health awareness. They have a mission to support education, community outreach, and programs that raise awareness about mental health, depression, and suicide within their community. One of their initiatives is the "Talk Talk Concert," a free event held in both New York and New Jersey to broaden their reach and touch a larger audience. Although specifics about their programs and courses aren't detailed, their work showcases a commitment to addressing crucial mental health issues and providing resources for those in need. With a small workforce of just two individuals, they strive to make a significant impact in spreading awareness and offering support.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars

The Esther Ha Foundation Inc has received a low rating of 45% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This score reflects significant concerns in the areas of accountability and financial management. While the organization demonstrates strengths like having an independent board and proper documentation of board meeting minutes, the overall financial health and transparency appear to be lacking.

One major area of concern is the program expense ratio, which stands at only 20.72%. This indicates that a minimal portion of the funds raised is being allocated directly to the programs intended to benefit the community. The liabilities to assets ratio is moderately acceptable at 54.09%, but the low program expense ratio raises questions about the effectiveness and impact of the foundation's activities.

While the foundation has established a fully independent board and maintains good practices in some financial accountability measures, the overall performance suggests it may not be making the best use of its resources to fulfill its mission. Potential donors and supporters should be cautious and consider these factors before contributing.


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

Is Esther Ha Foundation Inc legitimate?

Esther Ha Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esther Ha 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: $86,920

For more financial information, click here

What is the mission statement of Esther Ha Foundation Inc?

The Esther Ha Foundation Inc, through its activities, aims to foster education, community outreach, and various programs and courses to raise awareness about mental health, depression, and suicide within communities. Specifically, the foundation seeks to broaden understanding and promote resources to combat these issues. The foundation has organized events such as the Talk Talk Concert in New York and New Jersey to reach a wide audience and raise awareness on these topics.

Who is the CEO of Esther Ha Foundation Inc?

Yong Hwa Ha is the President of Esther Ha Foundation Inc.

What is the revenue of Esther Ha Foundation Inc?

Esther Ha Foundation Inc's revenue in 2022 was $169,633.

Who are the executives of Esther Ha Foundation Inc and what are their salaries?

The average compensation at Esther Ha Foundation Inc during 2022 was $43,460. There are 2 employees and 3 volunteers at Esther Ha Foundation Inc.


Here are 3 key members and their salaries:


Yong Hwa Ha (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Ha (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Ha (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Esther Ha Foundation Inc?

Esther Ha Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Esther Ha Foundation Inc

The Esther Ha Foundation Inc, a charitable organization, is dedicated to spreading awareness and education about mental health, depression, and suicide within the community. Their mission is to create a comprehensive approach, encompassing community outreach, programs, and courses, all geared towards fostering a deeper understanding and fostering a supportive environment around these critical topics.

To achieve this goal, the Esther Ha Foundation Inc has implemented various initiatives. For instance, they organized a free concert called the Talk Talk Concert, which was held in both New York and New Jersey, with the aim of extending their reach to a broader audience. Moreover, they have also hosted Healing Camps and Mental Aid programs, further demonstrating their commitment to promoting mental health and addressing the issues surrounding depression and suicide.

In summary, the Esther Ha Foundation Inc plays a significant role in the community by supporting education, outreach, and programs aimed at raising awareness about mental health, depression, and suicide. Through their various initiatives, they strive to create a more informed and supportive environment for those who may be struggling with these challenges.

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Impact




June, 2024

Esther Ha Foundation Inc's impact is significant in raising awareness and supporting education around mental health, depression, and suicide in the community. Through their Healing Concert, Healing Camp, and Mental Aid programs, they are actively reaching out to the public and expanding the reach of their message. For example, their Talk Talk Concert in New York and New Jersey drew a large audience and helped in spreading awareness on these critical issues. Their efforts are crucial in addressing mental health challenges and providing support and resources to those in need.




This information is meant to be a general summary of Esther Ha 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.

Revenue
$169,633 (2022)
Expenses
$200,113 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $169,633

Assets and Liabilities:

  • Total Assets: $168,130
  • Total Liabilities: $90,950
  • Net Assets: $77,180

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Organization Details

Founding Year

2014

Principal Officer

Yong Hwa Ha

Main Address

217-04 NORTHERN BLVD, BAYSIDE, NY, 11361

NTEE Category

Code: F40 - Mental health

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