Overview
What is The American Amusement Machine Charitable Foundation Inc?
The American Amusement Machine Charitable Foundation Inc, located at 180 Detroit Street STE B, Cary, Illinois 60013, is a nonprofit organization that specializes in distributing funds raised from special events and investments to various charitable organizations, with a particular focus on children's causes. The foundation actively sponsors a series of fundraising events throughout the year, donating a portion of the proceeds to deserving children's charities.
Official website here: www.coin-op.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The American Amusement Machine Charitable Foundation Inc has received a commendable rating of 97%, reflecting exceptional accountability and financial management. This score is entirely derived from its stellar performance in the Accountability & Finance beacon. The organization demonstrates a strong commitment to transparency and responsible governance, with an entirely independent board comprised of 13 members.
Strengths highlighted in the evaluation include a perfect score in various areas such as the absence of material diversion of assets, comprehensive conflict of interest and whistleblower policies, as well as diligent documentation of board meeting minutes. The charity also maintains a solid program expense ratio of 87.39%, indicating that a significant portion of its expenditures directly supports its mission.
While the data showcases impressive governance practices, it is important to consider that this rating is focused solely on accountability and financial health. There may be other factors or qualitative aspects of the organization's impact that are not captured in this numerical score, so potential donors should assess these elements alongside the rating.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The American Amusement Machine Charitable Foundation Inc?
100% of 6 reviewers on Facebook recommend The American Amusement Machine Charitable Foundation Inc. Here's a summary of their insights:
The organization is highly praised for its representation of the amusement industry. Reviewers emphasize the positive impact it has on the community, showcasing a commitment to supporting those connected to amusement and entertainment.
Overall, sentiments are overwhelmingly positive, with many expressing satisfaction with the foundation's efforts and effectiveness in its mission. The unanimous recommendation reflects a strong trust in the organization and its initiatives.
This AI summary has been generated from reviews found on Facebook.
Is The American Amusement Machine Charitable Foundation Inc legitimate?
The American Amusement Machine Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Amusement Machine Charitable 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.coin-op.org
What is the mission statement of The American Amusement Machine Charitable Foundation Inc?
The American Amusement Machine Charitable Foundation Inc. supports various children's charities by organizing fundraising events throughout the year. A portion of the proceeds from these events is contributed to these noble causes. The foundation also distributes funds from its special events and investments to other charitable organizations. In essence, the foundation's mission is to use the proceeds from its events and investments to contribute to the well-being of children through charitable donations.
Official website here: www.coin-op.org
What is the revenue of The American Amusement Machine Charitable Foundation Inc?
The American Amusement Machine Charitable Foundation Inc's revenue in 2024 was $455,192.
Official website here: www.coin-op.org
Who are the executives of The American Amusement Machine Charitable Foundation Inc and what are their salaries?
There 15 volunteers at The American Amusement Machine Charitable Foundation Inc.
Here are 16 key members and their salaries:
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- Related: $100,938
- Other: $11,188
Official website here: www.coin-op.org
Where can I find the form 990 for The American Amusement Machine Charitable Foundation Inc?
The American Amusement Machine Charitable Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.coin-op.org
Learn more at the official website: www.coin-op.org
Mission Statement of The American Amusement Machine Charitable Foundation Inc
The American Amusement Machine Charitable Foundation, as its name suggests, is an organization dedicated to charitable endeavors. It achieves this mission by hosting fundraising events throughout the year. A significant portion of the earnings from these events is then channeled towards supporting worthy children's charities. In essence, the foundation's role is to distribute the proceeds from these special events and its investments to various philanthropic organizations.
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Impact
July, 2024
The American Amusement Machine Charitable Foundation Inc sponsors fundraising events throughout the year with a portion of the proceeds being contributed to worthwhile children's charities. They distribute proceeds from special events and investments to other charitable organizations, making a significant impact on supporting children in need. Their philanthropic efforts through these events help improve the lives of children by providing necessary resources and support.
This information is meant to be a general summary of The American Amusement Machine Charitable 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 2024.
- Investment Income: $25,669
- Gross Receipts: $531,039
Assets and Liabilities:
- Total Assets: $712,127
- Total Liabilities: $18,525
- Net Assets: $693,602
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Organization Details
Founding Year
1983
Principal Officer
Tina Schwartz
Website
www.coin-op.orgNTEE Category
Code: T70Z - Philanthropy
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