Overview
What is Forum86?
Forum86 is a nonprofit organization that operates primarily in the United States, with a specific address in Portland, Oregon. Its primary mission is to support impoverished individuals, families, and orphans, providing financial assistance for various necessities such as education and low-income housing. Additionally, Forum86 is committed to preserving and promoting Bangladeshi culture, traditions, and heritage, and encourages social, cultural activities and diversity.
Official website here: www.forum86usa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Forum86 has achieved a solid rating of 79%, indicating a commendable level of accountability and finance management. The score reflects positively on the organization’s structure, particularly its independent board composition, with 100% of its members being independent. The lack of material diversion of assets and a strong program expense ratio of 99.92% are also significant strengths, demonstrating effective resource allocation towards its programs.
However, there are notable limitations in its governance policies, as Forum86 is missing essential documents such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions may raise concerns regarding transparency and ethical practices, areas that are increasingly scrutinized by stakeholders. Overall, while the financial health appears strong, improving governance policies could enhance Forum86's overall credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Forum86 legitimate?
Forum86 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forum86 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.forum86usa.org
What is the mission statement of Forum86?
The mission of Forum86 entails various objectives, primarily aimed at preserving and promoting Bangladeshi culture, traditions, and heritage. It also seeks to foster social and cultural activities, encouraging diversity. In addition to its cultural pursuits, Forum86 extends financial aid to impoverished individuals, families, and orphans, specifically for educational opportunities and low-income housing, in both the United States and third-world countries.
Official website here: www.forum86usa.org
What is the revenue of Forum86?
Forum86's revenue in 2023 was $198,806.
Official website here: www.forum86usa.org
Who are the executives of Forum86 and what are their salaries?
There 5 volunteers at Forum86.
Here are 5 key members and their salaries:
- 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
Official website here: www.forum86usa.org
Where can I find the form 990 for Forum86?
Forum86's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.forum86usa.org
Learn more at the official website: www.forum86usa.org
Mission Statement of Forum86
Forum86, a nonprofit organization, is committed to preserving and promoting the rich Bangladeshi culture, tradition, and heritage. One of its primary objectives is to foster social and cultural activities, encouraging diversity. The organization seeks to achieve these goals by supporting various initiatives that strengthen and perpetuate Bangladeshi values.
In addition to cultural preservation, Forum86 extends its reach to provide financial assistance to disadvantaged individuals, families, and orphans in both the United States and third-world countries. These funds are utilized for educational opportunities and the construction of low-income housing, among other essential needs. By doing so, Forum86 contributes to the betterment of these communities, ultimately helping to uphold the values it holds dear.
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Impact
October, 2024
Forum86 plays a vital role in preserving and promoting Bangladeshi culture, tradition, and heritage while fostering social and cultural diversity in the community. By actively engaging in various social and cultural activities, Forum86 helps strengthen ties among individuals and groups, celebrating the richness of Bangladeshi identity.
Additionally, the organization provides critical financial support to underprivileged individuals, families, and orphans both in the USA and in developing countries. This assistance focuses on education and low-income housing, addressing pressing social challenges and empowering those in need. By investing in education and basic living standards, Forum86 aims to uplift communities and provide opportunities that can lead to sustainable development.
Overall, Forum86's impact is multifaceted, as it not only enhances cultural awareness and engagement but also tackles poverty and social inequities through direct support and resources.
This information is meant to be a general summary of Forum86. 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 2023.
- Gross Receipts: $198,806
Assets and Liabilities:
- Total Assets: $86,937
- Total Liabilities: $0
- Net Assets: $86,937
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Organization Details
Founding Year
2013
Principal Officer
Mohammed Ataur R Shumon
Website
www.forum86usa.orgNTEE Category
Code: A23 - Arts
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