Overview
What is Westside Future Fund Inc?
Westside Future Fund Inc is a nonprofit organization based in Atlanta, Georgia, with a workforce of 19 individuals. Their mission is centered around revitalizing neighborhoods and improving the quality of life for current and future residents. They focus on creating a diverse, mixed-income community through the development of quality housing and urban planning. In doing so, they aim to support families, nurture communities, stimulate local businesses, and attract new residents. By restoring historic neighborhoods, Westside Future Fund aspires to elevate the unique history and culture of the area. Their efforts in housing, education, safety, and community health and wellness are geared towards ensuring the sustainability and growth of the Westside community.
Official website here: www.westsidefuturefund.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 90%, Four-Star out of Four Star rating.
Westside Future Fund Inc has achieved a strong 90% rating from Charity Navigator, reflecting its robust accountability and financial practices. The organization has a perfect score in several key areas, including having an entirely independent board and a high program expense ratio, indicating that a significant portion of its funds goes directly to its programs rather than administrative costs.
The nonprofit excels in transparency and governance, evidenced by its well-documented policies, such as conflict of interest and whistleblower protections. Additionally, its financial health is commendable, with a fundraising efficiency ratio of $0.07, suggesting that it raises funds effectively without excessive costs.
While the organization demonstrates strong financial management and governance, the summary does not highlight any specific areas for improvement. Overall, Westside Future Fund Inc stands out as a responsible and effective nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Westside Future Fund Inc?
100% of 13 reviewers on Facebook recommend Westside Future Fund Inc. Here is a summary of their reviews:
The feedback highlights a strong appreciation among the community for the work being done by the Westside Future Fund. Many reviewers emphasize the importance of the organization's mission to uplift and support the Westside community. The positive sentiment is reflected in comments that encourage others to engage with the initiatives provided by the nonprofit.
Overall, the consensus points to a high level of satisfaction with the services offered, demonstrating that Westside Future Fund is effectively meeting the needs of the local population. The community's trust in the organization suggests it is making a meaningful impact in the lives of many residents.
This AI summary has been generated from reviews found on Facebook.
Is Westside Future Fund Inc legitimate?
Westside Future Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westside Future Fund 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: $815,741
Professional Fundraising Fees: $216,620
Other Salaries and Wages: $290,425
For more financial information, click here
Official website here: www.westsidefuturefund.org
What is the mission statement of Westside Future Fund Inc?
The Westside Future Fund Inc is dedicated to revitalizing neighborhoods with a compassionate approach that fosters a diverse, mixed-income community. This mission aims to improve the quality of life for current and future residents, while preserving the unique history and culture of the area. The organization's focus includes providing quality mixed-use housing and income, ensuring community safety and security, promoting cradle-to-career education, and supporting community health and wellness. By restoring historic neighborhoods, Westside Future Fund Inc helps families stay in the community, encourages the growth of local businesses, and attracts new residents.
Official website here: www.westsidefuturefund.org
Who is the CEO of Westside Future Fund Inc?
John Ahmann is the Secretary of Westside Future Fund Inc. The CEO's salary of Westside Future Fund Inc is $344,911 and their total compensation is $366,304.
Official website here: www.westsidefuturefund.org
What is the revenue of Westside Future Fund Inc?
Westside Future Fund Inc's revenue in 2022 was $13,673,191.
Official website here: www.westsidefuturefund.org
Who are the executives of Westside Future Fund Inc and what are their salaries?
The average compensation at Westside Future Fund Inc during 2022 was $58,219. There are 19 employees and 699 volunteers at Westside Future Fund Inc.
Here are 34 key members and their salaries (Westside Future Fund Inc's CEO's salary is $344,911 and their total compensation is $366,304):
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- Compensation: $344,911
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- Other: $8,587
Official website here: www.westsidefuturefund.org
Where can I find the form 990 for Westside Future Fund Inc?
Westside Future Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westsidefuturefund.org
Learn more at the official website: www.westsidefuturefund.org
Mission Statement of Westside Future Fund Inc
Westside Future Fund Inc is a compassionate neighborhood revitalization organization that strives to create a diverse, mixed-income community and enhance the quality of life for current and future residents. This Atlanta-based nonprofit is dedicated to uplifting the historic Westside community by focusing on four key dimensions: quality mixed-use housing and income, safety and security, cradle-to-career education, and community health and wellness.
The Westside Future Fund Inc believes that thriving communities excel in various aspects. In order to restore the strength of the historic neighborhoods, it is essential to ensure that current residents can stay for generations to come. This can be achieved through the development of quality mixed-income housing. Such housing not only supports families but also nurtures communities, stimulates local businesses, and attracts new residents.
Moreover, the Westside Future Fund Inc places great importance on safety and security, recognizing that a secure environment is essential for the well-being of a community. The nonprofit is committed to addressing safety concerns, ensuring that residents feel protected and comfortable in their own neighborhoods. Additionally, the organization focuses on cradle-to-career education, recognizing that a strong educational foundation is the key to unlocking opportunities and creating a self-sufficient community. Lastly, Westside Future Fund Inc prioritizes community health and wellness, understanding that a healthy population is vital for the overall growth and success of a neighborhood. By addressing these critical aspects, the Westside Future Fund Inc is dedicated to advancing a compassionate approach to neighborhood revitalization and elevating the historic Westside community's unique history and culture.
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Impact
October, 2024
Westside Future Fund Inc. plays a transformative role in revitalizing the historic Westside neighborhoods of Atlanta by fostering a diverse, mixed-income community. This initiative enhances the quality of life for both current and future residents while celebrating the area's rich history and culture.
The organization focuses on four key dimensions that are essential for thriving communities: quality mixed-use housing and income, safety and security, cradle-to-career education, and community health and wellness. By prioritizing quality mixed-income housing, Westside Future Fund Inc. aims to ensure that existing residents can remain in their neighborhoods for generations. This stability is vital for nurturing community ties, supporting local businesses, and attracting new residents.
Through its compassionate approach to neighborhood revitalization, the organization not only addresses immediate housing needs but also works to empower the community by enhancing educational opportunities and promoting overall health and wellness. This holistic strategy contributes to a safer, more cohesive environment, ultimately elevating the Westside as a vibrant, inclusive community that honors its unique heritage.
This information is meant to be a general summary of Westside Future Fund 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: -$34,611
- Program Service Revenue: $1,578,400
- Gross Receipts: $18,288,240
Assets and Liabilities:
- Total Assets: $69,493,317
- Total Liabilities: $36,972,843
- Net Assets: $32,520,474
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,877,460
LOSS FROM PROGRAM INV
Revenue
-$299,060
Organization Details
Founding Year
2015
Phone
(678) 357-0331Principal Officer
John Ahmann
Main Address
970 JEFFERSON ST NW BOX 1, ATLANTA, GA, 30318
Website
www.westsidefuturefund.orgNTEE Category
Code: P20 - Human services
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