Overview
What is Forum To Advance Minorities In Engineering Inc?
Forum To Advance Minorities In Engineering Inc, often referred to as Fame, is a dedicated nonprofit organization located beyond the scope of the provided information. Its primary mission is to empower and inspire students from grades 7 to 12, with a special focus on underrepresented minorities and girls. Fame aims to prepare these students for higher education, specifically in the fields of science, technology, engineering, and mathematics (STEM). By offering motivational support, Fame encourages these students to pursue and complete baccalaureate degrees in these STEM-related disciplines.
Official website here: www.famedelaware.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Forum To Advance Minorities In Engineering Inc has received an 84% rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is solely derived from metrics associated with Accountability & Finance. The organization demonstrates a strong commitment to governance, as evidenced by its 100% independent board members and a robust audit of its financial statements.
The organization excels in various financial metrics, such as maintaining a low liabilities-to-assets ratio of 10.33% and allocating 74.20% of its expenses directly to programs. However, it should be noted that some policies, including a conflict of interest policy and a whistleblower policy, are missing, which could be areas for improvement to enhance transparency and ethical governance.
Overall, while the organization showcases significant strengths in financial stewardship and board independence, addressing the gaps in policy documentation could further bolster its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Forum To Advance Minorities In Engineering Inc legitimate?
Forum To Advance Minorities In Engineering Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forum To Advance Minorities In Engineering 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: $170,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,962
For more financial information, click here
Official website here: www.famedelaware.org
What is the mission statement of Forum To Advance Minorities In Engineering Inc?
Forum To Advance Minorities In Engineering Inc, often referred to as FAME Inc, is dedicated to preparing and motivating students from underrepresented minorities and girls in grades K-12. Their primary goal is to encourage these students to pursue higher education in fields related to science, technology, engineering, or mathematics (STEM). They strive to help these students achieve their goal of earning a baccalaureate degree in a STEM-related field. FAME Inc's activities aim to prepare these students for college, providing them with the necessary skills and motivation to succeed in their chosen field.
Official website here: www.famedelaware.org
Who is the CEO of Forum To Advance Minorities In Engineering Inc?
Donald L Baker Ii is the Exec Directo of Forum To Advance Minorities In Engineering Inc.
Official website here: www.famedelaware.org
What is the revenue of Forum To Advance Minorities In Engineering Inc?
Forum To Advance Minorities In Engineering Inc's revenue in 2022 was $971,616.
Official website here: www.famedelaware.org
Who are the executives of Forum To Advance Minorities In Engineering Inc and what are their salaries?
The average compensation at Forum To Advance Minorities In Engineering Inc during 2022 was $12,754. There are 43 employees at Forum To Advance Minorities In Engineering Inc.
Here are 11 key members and their salaries:
- Compensation: $170,473
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.famedelaware.org
Where can I find the form 990 for Forum To Advance Minorities In Engineering Inc?
Forum To Advance Minorities In Engineering Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.famedelaware.org
Learn more at the official website: www.famedelaware.org
Mission Statement of Forum To Advance Minorities In Engineering Inc
Forum To Advance Minorities In Engineering Inc, often referred to as FAME, has a mission dedicated to empowering and preparing students from underrepresented minority groups and girls in grades K-12. Their primary objective is to inspire and guide these students towards pursuing higher education in science, technology, engineering, or mathematics (STEM) related fields. By doing so, FAME aims to increase the number of individuals from these groups who obtain bachelor's degrees in these areas. This mission is crucial in fostering diversity and inclusivity within the STEM fields, ensuring that these disciplines reflect the diversity of the wider population.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
FAME INC PREPARES AND MOTIVATES STUDENTS IN GRADES K-12 WITH A SPECIFIC FOCUS ON UNDERREPRESENTED MINORITIES AND GIRLS TO ENTER COLLEGE AND COMPLETE A BACCALAUREATE DEGREE IN SCIENCE, TECHNOLOGY, ENGINEERING OR MATH RELATED FIELD OF STUDY.
This information is meant to be a general summary of Forum To Advance Minorities In Engineering 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: $1,922
- Gross Receipts: $971,616
Assets and Liabilities:
- Total Assets: $4,362,831
- Total Liabilities: $450,938
- Net Assets: $3,911,893
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1977
Phone
(302) 777-3254Principal Officer
Donald L Baker Ii
Main Address
2005 BAYNARD BLVD, WILMINGTON, DE, 19802
Website
www.famedelaware.orgNTEE Category
Code: U42 - Science research
If you are a representative of Forum To Advance Minorities In Engineering Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.