Overview
What is Decatur Morgan County Minority?
Decatur Morgan County Minority is a small, nonprofit organization situated in Decatur, Alabama. Its primary mission is to advocate for the advancement of minority individuals residing in the Decatur/Morgan County area. In line with this purpose, they recently awarded college scholarships to financially needy minority individuals within this community. The organization operates with a dedicated team of one individual, working tirelessly to uplift the minority population in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45%, Zero-Star out of Four Star rating.
The Decatur Morgan County Minority has received a low overall score of 45% from Charity Navigator, leading to a Zero-Star rating. This score primarily reflects the charity's performance in accountability and finance, which suggests significant areas for improvement. Although the organization has a fully independent board and no material diversion of assets, it lacks essential policies such as a whistleblower policy and document retention policies.
The organization does score well in several areas, including having a majority of independent board members and proper documentation of board meeting minutes. However, its program expense ratio of 46.11% indicates that less than half of its expenses are directed towards its programs, raising concerns about the efficacy of its operations. The liabilities to assets ratio of 63.82% also suggests potential financial instability.
Overall, while the Decatur Morgan County Minority shows some strengths in governance, the absence of critical policies and low program expense ratio highlight significant limitations that potential donors should consider. The organization must address these issues to improve its financial health and accountability in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Decatur Morgan County Minority legitimate?
Decatur Morgan County Minority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Decatur Morgan County Minority 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: $27,083
For more financial information, click here
What is the mission statement of Decatur Morgan County Minority?
The Decatur Morgan County Minority organization is committed to advancing the well-being of minority individuals within their community. Their mission is centered around fostering progress and opportunities for these individuals, working tirelessly to make a positive impact in their lives. One of their significant initiatives involves offering college scholarships to financially disadvantaged minority individuals in the Decatur/Morgan area. This support aiming to provide educational opportunities and foster a sense of empowerment among these individuals.
Who is the CEO of Decatur Morgan County Minority?
Murphy Brown is the Vice Chairma of Decatur Morgan County Minority.
What is the revenue of Decatur Morgan County Minority?
Decatur Morgan County Minority's revenue in 2023 was $125,476.
Who are the executives of Decatur Morgan County Minority and what are their salaries?
The average compensation at Decatur Morgan County Minority during 2023 was $27,083. There is 1 employee at Decatur Morgan County Minority.
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Where can I find the form 990 for Decatur Morgan County Minority?
Decatur Morgan County Minority's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Decatur Morgan County Minority
Decatur Morgan County Minority, a nonprofit organization, is dedicated to promoting the advancement of minority individuals in their community. Their mission is centered around uplifting and empowering those from minority backgrounds in the Decatur/Morgan County area. To achieve this, they have taken an active role in providing financial aid in the form of college scholarships to deserving and needy individuals within this region. By offering such scholarships, Decatur Morgan County Minority is not only investing in the education of these individuals but also contributing to the overall development and progress of the minority community.
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Impact
October, 2024
Decatur Morgan County Minority significantly impacts the local community by advancing the interests and opportunities of minority individuals in the Decatur and Morgan County area. Through initiatives such as awarding college scholarships to needy minority individuals, the organization helps break down barriers to education and fosters greater access to higher learning. This support not only empowers individuals by enhancing their educational attainment but also contributes to a more diverse and equitable community. The organization's dedication to uplifting minority voices and providing vital resources enables individuals to pursue their aspirations, thereby enriching the cultural and social fabric of the region.
This information is meant to be a general summary of Decatur Morgan County Minority. 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: $27
- Gross Receipts: $136,927
Assets and Liabilities:
- Total Assets: $245,581
- Total Liabilities: $156,749
- Net Assets: $88,832
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Organization Details
Founding Year
1993
Phone
(256) 303-8848Principal Officer
Murphy Brown
Main Address
PO BOX 5018, DECATUR, AL, 35602
NTEE Category
Code: T30 - Philanthropy
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