Overview
What is Zimmerman Fund For Children Inc?
Zimmerman Fund For Children Inc, based in Baltimore, Maryland, is a dedicated nonprofit organization. Their primary mission is to provide grants to public charitable organizations, contributing to the betterment of vulnerable children. By funding such organizations and programs, Zimmerman Fund For Children aims to directly assist children who face various challenges, including socio-economic difficulties, family problems, behavioral issues, or other factors. The organization's work is focused on addressing the needs of at-risk children, furthering its mission to make a positive impact on their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Zimmerman Fund For Children Inc has received a Two-Star rating from Charity Navigator, primarily reflecting its accountability and finance practices. With a score derived entirely from this category, the organization demonstrates strong governance, including a majority of independent board members and a clear record of asset management with no material diversions.
Strengths of the organization include an excellent program expense ratio of 92.53%, indicating that a significant portion of its resources is directed towards its mission rather than administrative costs. Furthermore, the charity maintains proper documentation of board meeting minutes and has no liabilities, which signals responsible financial management.
However, the overall rating remains below average, suggesting that while financial practices are solid, there may be areas for improvement in other aspects of the organization that are not captured in the current evaluation metrics. Continued efforts in transparency and operational effectiveness could enhance its standing in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Zimmerman Fund For Children Inc legitimate?
Zimmerman Fund For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zimmerman Fund For Children 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Zimmerman Fund For Children Inc?
The Zimmerman Fund For Children Inc was established with a mission to support charitable organizations and programs that directly aid at-risk children. This foundation focuses on children facing socio-economic challenges, family problems, behavioral issues, or other factors. To achieve this, they provide grants to public charitable organizations, thereby furthering their mission of assisting vulnerable children. The primary aim is to enhance the lives and well-being of these children, ensuring they receive the help they need.
What is the revenue of Zimmerman Fund For Children Inc?
Zimmerman Fund For Children Inc's revenue in 2023 was $70,227.
Who are the executives of Zimmerman Fund For Children Inc and what are their salaries?
There 3 volunteers at Zimmerman Fund For Children Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $247,832
- Other: $11,879
- Compensation: $0
- Related: $149,575
- Other: $36,933
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $115,395
- Other: $5,326
Where can I find the form 990 for Zimmerman Fund For Children Inc?
Zimmerman Fund For Children Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Zimmerman Fund For Children Inc
The Zimmerman Fund For Children Inc, established with the purpose of providing charitable aid, is dedicated to funding organizations and programs that directly assist children who are at risk. This nonprofit organization has a mission to support children facing various challenges, such as socio-economic hardships, family problems, behavioral issues, or other factors. By granting funds to public charitable organizations, the Zimmerman Fund For Children Inc aims to further its mission and provide assistance to children in need. This organization plays a significant role in uplifting and safeguarding the well-being of at-risk children, contributing to their overall development and welfare.
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Impact
October, 2024
Zimmerman Fund For Children Inc has a significant impact by providing essential funding to charitable organizations and programs dedicated to assisting at-risk children. By offering grants to public charitable organizations, the fund helps address urgent needs faced by children who are vulnerable due to socio-economic challenges, family issues, behavioral problems, and other adverse factors. Based in Baltimore, Maryland, the foundation's mission focuses on creating a supportive environment for these children, ultimately helping them to overcome obstacles and enhance their well-being and potential for a brighter future.
This information is meant to be a general summary of Zimmerman Fund For Children 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 2023.
- Investment Income: $64,325
- Gross Receipts: $70,227
Assets and Liabilities:
- Total Assets: $4,312,187
- Total Liabilities: $0
- Net Assets: $4,312,187
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Organization Details
Founding Year
2005
Principal Officer
Michael I Friedman
NTEE Category
Code: T30 - Philanthropy
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