Overview
What is Myaswan Inc?
Myaswan Inc, based in Alamo, California, is a nonprofit organization with a mission to support the Aswan Heart Centre. Established eight years ago, it has seen remarkable growth in fundraising efforts. The funds raised are channeled towards building the Magdi Yacoub Global Cairo Heart Center and providing grants to charities aligned with the Magdi Yacoub mission. Myaswan Inc is dedicated to providing free, top-notch medical services to those in need, particularly the underprivileged and vulnerable age groups. The organization, with a modest workforce of two dedicated individuals, is committed to making a significant impact in the healthcare sector.
Official website here: www.myglobalheart.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Myaswan Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The charity's score is solely based on its accountability and finance metrics, which are rated at 97%. This high score indicates a well-managed organization with a robust financial framework, highlighting effective governance and transparency.
The organization boasts a fully independent board, with 100% of its members meeting independence standards, further enhancing its credibility. Key indicators such as the absence of material asset diversion and a strong program expense ratio of 82.62% suggest that Myaswan Inc effectively allocates funds toward its mission. Additionally, the charity excels in its operational policies, featuring comprehensive whistleblower and conflict of interest policies.
While the data showcases numerous strengths, it may benefit from further insights into programmatic effectiveness and community impact. Nonetheless, the solid financial ratios and independent oversight indicate a well-structured nonprofit poised for continued success.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Myaswan Inc?
96% of 97 reviewers on Facebook recommend Myaswan Inc. Here is a summary of their reviews:
The overwhelming sentiment expresses deep appreciation for the work being done by Myaswan Inc. Many users describe the organization’s efforts as exceptional and transformative, likening its leader to an angel and highlighting the positive impact on the community.
Overall, the testimonials reflect a strong belief in the nonprofit's mission and its commitment to helping others. Reviewers feel inspired and supported through the services provided, underscoring a high level of satisfaction with the nonprofit's initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Myaswan Inc legitimate?
Myaswan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myaswan 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: $319,992
For more financial information, click here
Official website here: www.myglobalheart.org
What is the mission statement of Myaswan Inc?
Myaswan Inc is an organization primarily focused on raising funds to support the Aswan Heart Centre's mission. This center offers free, advanced medical services to individuals in need, particularly the underprivileged and those in vulnerable age groups. Myaswan's mission is to enable the Aswan Heart Centre to continue its humanitarian work by providing financial assistance. In 2022, Myaswan achieved significant growth in fundraising and distributed grants totaling $4,862,522 to charities and causes aligned with the Magdi Yacoub mission, including the construction of the Magdi Yacoub Global Cairo Heart Center.
Official website here: www.myglobalheart.org
Who is the CEO of Myaswan Inc?
Madgy Ishak is the President of Myaswan Inc.
Official website here: www.myglobalheart.org
What is the revenue of Myaswan Inc?
Myaswan Inc's revenue in 2022 was $4,494,785.
Official website here: www.myglobalheart.org
Who are the executives of Myaswan Inc and what are their salaries?
The average compensation at Myaswan Inc during 2022 was $159,996. There are 2 employees and 4 volunteers at Myaswan Inc.
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Official website here: www.myglobalheart.org
Where can I find the form 990 for Myaswan Inc?
Myaswan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myglobalheart.org
Learn more at the official website: www.myglobalheart.org
Mission Statement of Myaswan Inc
Myaswan Inc, as a corporation, is primarily dedicated to supporting the Aswan Heart Centre's mission. This mission involves providing free, advanced medical services to individuals in need, with a particular focus on underprivileged individuals and those in vulnerable age groups. Myaswan Inc's role is to raise funds for this center, ensuring it can continue its noble work. In 2022, Myaswan Inc experienced significant growth in fundraising efforts, and the proceeds from these endowments were used to grant funds to charities and causes aligned with the Magdi Yacoub mission. This includes assistance in building the Magdi Yacoub Global Cairo Heart Center. In essence, Myaswan Inc acts as a vital financial backbone, enabling the Aswan Heart Centre to extend its life-saving services to those who need it most.
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Impact
July, 2024
MyAswan Inc's impact lies in its commitment to developing funding for the Aswan Heart Centre, allowing it to provide free, state-of-the-art medical services to vulnerable and underprivileged patients in need. In 2022, MyAswan achieved significant growth in fundraising, contributing to the eighth year of operations and raising funds to support the endowment. The endowment's proceeds will be utilized to provide grants to charities and causes aligned with the Magdi Yacoub mission, including support for building the Magdi Yacoub Global Cairo Heart Center. In 2022 alone, MyAswan gave $4,862,522 in grants, furthering its mission to improve access to quality healthcare for those most in need.
This information is meant to be a general summary of Myaswan 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,343
- Gross Receipts: $4,494,785
Assets and Liabilities:
- Total Assets: $5,138,831
- Total Liabilities: $0
- Net Assets: $5,138,831
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Organization Details
Founding Year
2014
Principal Officer
Madgy Ishak
Main Address
1448 Twelve Oaks Court, Alamo, CA, 94507
Website
www.myglobalheart.orgNTEE Category
Code: P20 - Human services
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