Overview
What is The Amity Foundation?
The Amity Foundation is a dedicated nonprofit organization situated in Dearborn Heights, Michigan. Committed to public service and education, they extend their mission to offer community aid, primarily focusing on social and educational benefits. Their initiatives encompass providing essential resources such as food and clothing for those in need. This nonprofit organization's efforts are geared towards uplifting the less fortunate, embodying a strong sense of community service.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Amity Foundation has received a Three-Star rating from Charity Navigator, with an overall score of 79%. This rating primarily reflects its strong performance in the Accountability & Finance category, where it scored 79%. Notably, the organization demonstrates a high level of accountability through various policies, including a conflict of interest policy and a whistleblower policy, which enhances its credibility and transparency.
The foundation's board governance is commendable, as it consists entirely of independent members, achieving a perfect score in this aspect. Additionally, there are no reported issues regarding the diversion of assets, and the organization's financial strategy is solid, with a low liabilities-to-assets ratio of 12.79% and a high program expense ratio of 87.81%. These metrics indicate that the majority of its funding is directed toward its programs rather than administrative costs.
While the overall rating is positive, the single beacon score highlights the need for The Amity Foundation to diversify its performance metrics further to achieve a higher rating. Strengthening other aspects of its operations could enhance its accountability and ultimately lead to a more robust organizational profile.
This AI summary has been generated from information found on Charity Navigator.
Is The Amity Foundation legitimate?
The Amity Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Amity Foundation 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: $71,580
For more financial information, click here
What is the mission statement of The Amity Foundation?
The Amity Foundation serves as a nonprofit organization dedicated to public service and education. Its mission is to offer community support for the betterment of society and education, extending aid in the form of food and clothing to those in need. Located beyond the scope of this information, the foundation is committed to enriching lives and fostering social development.
Who is the CEO of The Amity Foundation?
Unavailable
What is the revenue of The Amity Foundation?
The Amity Foundation's revenue in 2023 was $1,504,651.
Who are the executives of The Amity Foundation and what are their salaries?
The average compensation at The Amity Foundation during 2023 was $35,790. There are 2 employees and 3 volunteers at The Amity Foundation.
Here are 3 key members and their salaries:
- 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 The Amity Foundation?
The Amity Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Amity Foundation
The Amity Foundation, a nonprofit organization, is dedicated to serving the community with a focus on public service and education. Its mission is centered around providing benefits for society and education, extending aid to those in need, specifically in the realms of food and clothing assistance. The Amity Foundation operates with a compassionate heart, striving to alleviate poverty and contribute positively to the community at large.
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Impact
July, 2024
The Amity Foundation's impact is profound in providing food and clothing assistance for the poor and needy in Dearborn, MI. Their work in public service and education has significantly benefited the community by addressing essential needs and promoting social and educational benefits. The organization's commitment to serving those in need has made a significant difference in improving the lives of individuals and families facing hardship.
This information is meant to be a general summary of The Amity Foundation. 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.
- Investment Income: $55,150
- Gross Receipts: $1,504,651
Assets and Liabilities:
- Total Assets: $3,698,332
- Total Liabilities: $473,372
- Net Assets: $3,224,960
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Organization Details
Founding Year
2015
Main Address
850 N TELEGRAPH, DEARBORN, MI, 48128
NTEE Category
Code: K30 - Food
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