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Migrants 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: 465239027 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Migrants Foundation Inc?

Migrants Foundation Inc is a charitable organization, headquartered with a mission to address immigration and human rights concerns affecting low-income immigrant communities. The nonprofit serves as a bridge, acting as a liaison to identify and address these issues. Their primary focus is on providing essential immigration services to families in financial need. By dedicating their efforts to this cause, Migrants Foundation Inc aims to promote a more inclusive and equitable society for immigrants.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Migrants Foundation Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The foundation lacks independent board members and does not have a transparent financial reporting process, as highlighted by its score of zero in several key areas such as financial statements and conflict of interest policies. Despite a perfect score in program expense ratio, these weaknesses suggest potential issues in governance and oversight.

The organization does show some strengths, including a low liability to assets ratio, which indicates that it is managing its debts well. However, the lack of essential governance policies, such as a whistleblower policy and a documented conflict of interest policy, raises red flags about its operational integrity and commitment to best practices in nonprofit management.

In summary, while the Migrants Foundation Inc is effectively channeling funds into its programs, the absence of independent oversight and transparency mechanisms may hinder its overall effectiveness and trustworthiness in the eyes of donors and stakeholders. The low accountability score suggests that potential supporters should exercise caution and seek further information before committing their resources.


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

Is Migrants Foundation Inc legitimate?

Migrants Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Migrants 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: $2,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,212

For more financial information, click here

What is the mission statement of Migrants Foundation Inc?

Migrants Foundation Inc is established with a mission to serve a charitable and educational purpose. Their primary objective is to identify and address immigration and human rights concerns affecting immigrants. Acting as a liaison, the foundation provides essential immigration services to low-income families, advocating for their rights and interests in this area.

Who is the CEO of Migrants Foundation Inc?

Javier Torres is the Executive Director of Migrants Foundation Inc.

What is the revenue of Migrants Foundation Inc?

Migrants Foundation Inc's revenue in 2022 was $505,624.

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

The average compensation at Migrants Foundation Inc during 2022 was $18,869. There are 6 employees and 2 volunteers at Migrants Foundation Inc.


Here are 4 key members and their salaries:


Jose J Torres (Executive Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Maria Alejandra Villasmil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juana Castillo Larrovere (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerson Berrios Silva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Migrants Foundation Inc?

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

Mission Statement of Migrants Foundation Inc

Migrants Foundation Inc, a nonprofit organization, is dedicated to charitable and educational pursuits. Its primary focus is on identifying immigration and human rights issues that impact low-income families. In this capacity, the foundation serves as a liaison, working to provide essential immigration services to those in need. By tackling these challenges, Migrants Foundation Inc aims to improve the lives of immigrant families, advocating for their rights and ensuring they receive the support they deserve.

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Impact




July, 2024

Migrants Foundation Inc's impact lies in providing essential immigration services to low-income families in Tampa, Florida. By focusing on identifying immigration and human rights issues affecting immigrants, the organization serves as a crucial liaison between these vulnerable populations and the necessary resources and support systems they need. Through their charitable and educational endeavors, Migrants Foundation Inc truly advances the public benefit by helping individuals navigate complex immigration processes and advocating for their rights.




This information is meant to be a general summary of Migrants 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
$505,624 (2022)
Expenses
$458,575 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $485,624
  • Gross Receipts: $505,624

Assets and Liabilities:

  • Total Assets: $94,499
  • Total Liabilities: $25,000
  • Net Assets: $69,499

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Organization Details

Founding Year

2014

Principal Officer

Javier Torres

Main Address

1915 N Howard Ave, Tampa, FL, 33607

NTEE Category

Code: W99 - Public benefit

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