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Sims-Fayola 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: 475349323 ✦ Aurora, CO ✦ Designated as a 501(c)(3)

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Overview

What is Sims-Fayola Foundation Inc?

Sims-Fayola Foundation Inc, located at 12500 E Iliff Ave Suite 100, Aurora, CO 80014, is a nonprofit organization with a mission to enhance the life outcomes of young men and boys of color. Their primary program, called Empowered Ambition Youth Development (EAYD), is dedicated to this purpose. The foundation, with a team of eight dedicated individuals, works tirelessly to improve the lives of these young men and boys, focusing on their overall development. The foundation's activities are centered around empowering these individuals, thereby contributing positively to their communities.


Official website here: www.sffoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 43%

The Sims-Fayola Foundation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant issues with accountability and financial transparency. The foundation scored poorly in several key areas, including having no independent board members and lacking essential policies such as those for conflict of interest and document retention. Furthermore, the organization did not provide the necessary financial statements, which raises concerns about its governance and operational transparency.

Despite these accountability shortcomings, user feedback highlights the positive impact Sims-Fayola Foundation has on young men of color. Reviews from clients and professionals alike commend the organization's holistic approach to education and mentorship, with numerous participants expressing gratitude for the enriching programs offered. The foundation appears to effectively engage youth through various activities, including STEM workshops and leadership development, significantly benefiting the lives of those involved.

Nevertheless, there are notable criticisms regarding the foundation's leadership and organizational effectiveness. Some reviews mention disappointing experiences with the founder's ability to deliver on promises and provide quality programming. As a result, potential volunteers and donors may want to weigh the foundation's positive community impact against its governance issues before involvement.


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

Is Sims-Fayola Foundation Inc legitimate?

Sims-Fayola Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sims-Fayola 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: $31,053
Professional Fundraising Fees: $4,911
Other Salaries and Wages: $54,587

For more financial information, click here


Official website here: www.sffoundation.org

What is the mission statement of Sims-Fayola Foundation Inc?

The Sims-Fayola Foundation Inc's mission is centered around enhancing the lives of young men and boys of color. Specifically, their goal is to improve the outcomes for this demographic. They accomplish this through their Empowered Ambition Youth Development (EAYD) program. The foundation aims to provide support and resources that empower these young individuals, ultimately leading to improved life outcomes. Their efforts are geared towards providing opportunities for growth and success for young men and boys of color.


Official website here: www.sffoundation.org

Who is the CEO of Sims-Fayola Foundation Inc?

Dedrick J Sims is the President of Sims-Fayola Foundation Inc. The CEO's salary of Sims-Fayola Foundation Inc is $77,944 and their total compensation is $77,944.


Official website here: www.sffoundation.org

What is the revenue of Sims-Fayola Foundation Inc?

Sims-Fayola Foundation Inc's revenue in 2022 was $997,745.


Official website here: www.sffoundation.org

Who are the executives of Sims-Fayola Foundation Inc and what are their salaries?

The average compensation at Sims-Fayola Foundation Inc during 2022 was $10,705. There are 8 employees at Sims-Fayola Foundation Inc.


Here are 5 key members and their salaries (Sims-Fayola Foundation Inc's CEO's salary is $77,944 and their total compensation is $77,944):


Jeffery Boling (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dedrick Sims (Ceo)
  • Compensation: $77,944
  • Related: $0
  • Other: $0
Mollie Mulberry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Smith Sr (Board Memebr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sffoundation.org

Where can I find the form 990 for Sims-Fayola Foundation Inc?

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


Official website here: www.sffoundation.org

Learn more at the official website: www.sffoundation.org

Mission Statement of Sims-Fayola Foundation Inc

The Sims-Fayola Foundation Inc is committed to enhancing the life outcomes of young men and boys of color. Their mission, in simple terms, is to significantly improve the lives of these young individuals. By focusing on young men and boys of color, the foundation aims to address the unique challenges and opportunities that these groups face, with the ultimate goal of fostering positive change and empowerment. The Sims-Fayola Foundation Inc's efforts are channeled through their Empowered Ambition Youth Development (EAYD) program, which is specifically designed to support and uplift these young men and boys, helping them navigate through their formative years and set them on a path towards success.

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Impact




July, 2024

Sims-Fayola Foundation Inc is making a significant impact by improving the life outcomes of young men and boys of color through its Empowered Ambition Youth Development (EAYD) program in Aurora, Colorado. The organization's mission to empower and support this demographic is crucial in addressing disparities and providing opportunities for growth and success. By focusing on youth development, Sims-Fayola Foundation Inc is helping to create a more equitable future for young men and boys of color in the community.




This information is meant to be a general summary of Sims-Fayola 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
$997,745 (2022)
Expenses
$545,685 (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: $188,888
  • Gross Receipts: $997,745

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Service Fee Income

Revenue

$188,888

Organization Details

Founding Year

2014

Principal Officer

Dedrick J Sims

Main Address

12500 E ILLIFF AVE SUITE 100, AURORA, CO, 80014

NTEE Category

Code: O50 - Youth development

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