Overview
What is 1610 Foundation Inc?
1610 Foundation Inc, located in Tampa, Florida, is a nonprofit organization with a mission to responsibly manage the resources granted by God. Their purpose is to honor Him by acting as trustworthy stewards, aiming to glorify Him and advance His kingdom. The specifics of their activities or mission remain undisclosed in the provided information, but it is clear that they view their resources as a divine blessing to be utilized for noble objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
The 1610 Foundation Inc has earned a solid Three-Star rating, reflecting its commitment to accountability and financial health. The overall score, based entirely on the Accountability & Finance beacon, indicates a strong performance in financial management with an impressive program expense ratio of nearly 96%. This suggests that the foundation effectively allocates most of its resources towards its mission-driven activities.
The organization boasts a majority of independent board members, which is a positive sign of governance and oversight. Additionally, it demonstrates a robust framework of policies, including those for conflict of interest and whistleblower protections, all of which contribute to its transparency and ethical operations. Financially, the foundation shows no liabilities and has received full marks for its audited financial statements, further underscoring its stability.
While the foundation excels in its financial practices and governance, the rating does not provide insights into its programmatic impact or community engagement. Potential donors might want to consider these aspects in relation to the organization's overall mission and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is 1610 Foundation Inc legitimate?
1610 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1610 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: $0
For more financial information, click here
What is the mission statement of 1610 Foundation Inc?
The 1610 Foundation Inc's mission is centered around being faithful stewards of the resources provided by God. Their primary goal is to use these resources responsibly, with the aim of glorifying Him and furthering His kingdom. This organization serves as a steward through God's providence, utilizing the resources at their disposal to honor Him and advance His cause.
Who is the CEO of 1610 Foundation Inc?
Michael K Ake is the Secretary/Treasurer of 1610 Foundation Inc.
What is the revenue of 1610 Foundation Inc?
1610 Foundation Inc's revenue in 2022 was $1,760,829.
Who are the executives of 1610 Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $203,679
- Other: $16,896
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 1610 Foundation Inc?
1610 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 1610 Foundation Inc
The 1610 Foundation Inc is committed to being faithful stewards of the resources it has been blessed with by God. This nonprofit organization seeks to glorify Him and further His kingdom by serving responsibly as stewards through His providence. The mission of 1610 Foundation Inc is to honor God and utilize the resources at its disposal to advance His cause.
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Impact
July, 2024
1610 Foundation Inc's impact is centered around being faithful stewards of the resources provided by God, with a mission to glorify Him and further His kingdom. This organization based in Tampa, FL, focuses on philanthropy to serve as responsible stewards through God's providence. Their work reflects a commitment to making a positive difference by maximizing the impact of the resources entrusted to them for the betterment of the community and the advancement of God's work.
This information is meant to be a general summary of 1610 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,829
- Gross Receipts: $3,661,384
Assets and Liabilities:
- Total Assets: $22,545,676
- Total Liabilities: $0
- Net Assets: $22,545,676
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Organization Details
Founding Year
2015
Phone
(678) 892-1874Principal Officer
Michael K Ake
Main Address
2805 W BUSCH BLVD 101, TAMPA, FL, 33618
NTEE Category
Code: T31 - Philanthropy
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