Overview
What is Bayat Foundation Inc?
Bayat Foundation Inc, located in Ponte Vedra Beach, Florida, is a dedicated nonprofit organization focusing on uplifting communities and individuals. Their mission is to promote empowerment, ensuring basic human needs are met, strengthening families, providing adequate healthcare, and improving education. The foundation works tirelessly to unlock the potential of people, striving to make a significant impact in the lives of those they serve. Their activities aim to empower communities by providing assistance to refugee camps. By addressing these fundamental needs, they strengthen families and contribute to overall community development. Moreover, their commitment to healthcare and education ensures that individuals can access the resources they need to thrive. The Bayat Foundation's work is a testament to their dedication to fostering positive change and improving the lives of those in need.
Official website here: www.bayatfouantion.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Bayat Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation's score is based entirely on its accountability and finance metrics, which demonstrates a commitment to transparency and ethical practices. The organization has a solid track record, with no reported material diversion of assets and a minimal liabilities-to-assets ratio of 4.43%, suggesting prudent financial management.
One of the organization's strengths is its governance structure, with 71% of its board members being independent, which enhances objectivity in decision-making. Additionally, the foundation has implemented comprehensive policies, including conflict of interest and whistleblower policies, further underscoring its dedication to ethical governance. The program expense ratio of 92.24% indicates that a significant portion of its funding is allocated directly to its programs, maximizing the impact of donor contributions.
Overall, the Bayat Foundation Inc demonstrates strong financial health and governance practices, making it a reliable choice for donors looking to support a nonprofit that prioritizes accountability. However, like any organization, potential supporters should still consider their individual interests and the specific mission of the foundation when deciding to contribute.
This AI summary has been generated from information found on Charity Navigator.
Is Bayat Foundation Inc legitimate?
Bayat Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayat 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: $1,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,825
For more financial information, click here
Official website here: www.bayatfouantion.org
What is the mission statement of Bayat Foundation Inc?
The Bayat Foundation is committed to promoting the empowerment of individuals by addressing basic human needs, strengthening families, providing adequate healthcare, improving education, and unlocking the potential of people. Their mission is centered around enhancing the lives of people in need, with a focus on providing essential support. The foundation supports refugee camps and offers assistance in these areas.
Official website here: www.bayatfouantion.org
Who is the CEO of Bayat Foundation Inc?
Fatema Bayat is the Executive Director of Bayat Foundation Inc.
Official website here: www.bayatfouantion.org
What is the revenue of Bayat Foundation Inc?
Bayat Foundation Inc's revenue in 2022 was $1,156,307.
Official website here: www.bayatfouantion.org
Who are the executives of Bayat Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $1,875
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- Other: $0
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Official website here: www.bayatfouantion.org
Where can I find the form 990 for Bayat Foundation Inc?
Bayat Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bayatfouantion.org
Learn more at the official website: www.bayatfouantion.org
Mission Statement of Bayat Foundation Inc
The Bayat Foundation is committed to fostering the empowerment of individuals by addressing fundamental human needs, strengthening families, ensuring adequate healthcare, enhancing education, and unlocking the potential within people. This nonprofit organization is dedicated to promoting well-being and improving livelihoods, with a focus on empowerment and uplifting communities. The Bayat Foundation provides support for refugee camps and assistance, demonstrating its commitment to providing essential aid and improving living conditions for those in need.
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Impact
July, 2024
Bayat Foundation Inc empowers people by providing basic human needs, strengthening families, delivering adequate healthcare, improving education, and unlocking the potential of individuals. Their support for refugee camps assistance has made a positive impact in helping vulnerable populations and promoting empowerment.
This information is meant to be a general summary of Bayat 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: $233
- Gross Receipts: $1,156,307
Assets and Liabilities:
- Total Assets: $689,605
- Total Liabilities: $30,559
- Net Assets: $659,046
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Organization Details
Founding Year
2006
Principal Officer
Fatema Bayat
Main Address
220 PONTE VEDRA PARK DR STE 220, PONTE VEDRA BEACH, FL, 32082
Website
www.bayatfouantion.orgNTEE Category
Code: Q33 - International
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