Overview
What is Fresno Area Hispanic Foundation?
The Fresno Area Hispanic Foundation is a nonprofit organization situated in Fresno, California, specifically at 1444 Fulton Street. Its primary mission is to foster and strengthen the local community by means of networking, education, and raising awareness. They serve as a platform for supporting initiatives and programs that benefit the Hispanic business community and the community at large in Fresno and its surrounding areas. The organization's activities are centered around promoting education and self-sufficiency through economic development, aiming to enhance the community's overall well-being. With a workforce of 21 dedicated individuals, the Fresno Area Hispanic Foundation plays a significant role in the local community.
Official website here: www.fresnoahf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
The Fresno Area Hispanic Foundation has been awarded a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score of 94% indicates a commitment to transparency and prudent financial management, with a specific focus on independent governance and rigorous oversight.
A standout aspect of the foundation is its composition, featuring a fully independent board of directors, which enhances its accountability. The organization also excels in various financial metrics, such as maintaining a low fundraising cost and high program expense ratio, ensuring that the majority of funds directly support its programs and services.
While the foundation demonstrates robust financial health, it has a liabilities-to-assets ratio of 38.93%, which suggests it maintains a moderate level of debt. Despite this, the organization is well-positioned for sustainability with a working capital ratio indicating it can cover its obligations for over two years. Overall, the Fresno Area Hispanic Foundation showcases excellence in operational effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fresno Area Hispanic Foundation?
96% of 32 reviewers on Facebook recommend the Fresno Area Hispanic Foundation. Here is a summary of their reviews:
Many supporters express great appreciation for the organization, highlighting its commitment to enhancing local businesses and supporting technology initiatives. Members strongly feel that the foundation plays a crucial role in uplifting Hispanic-owned enterprises and appreciates the leadership and vision provided by Dora Westerlund. This sentiment indicates a deep sense of gratitude and a strong belief in the foundation’s mission.
Overall, the foundation seems to inspire loyalty and satisfaction among its members, as they feel it truly contributes to the growth and success of the Hispanic community in Fresno. Those involved with the organization are proud to be part of an initiative that aligns with their values and goals.
This AI summary has been generated from reviews found on Facebook.
Is Fresno Area Hispanic Foundation legitimate?
Fresno Area Hispanic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fresno Area Hispanic Foundation 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: $385,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $628,291
For more financial information, click here
Official website here: www.fresnoahf.org
What is the mission statement of Fresno Area Hispanic Foundation?
The Fresno Area Hispanic Foundation's mission is centered around promoting education and self-sufficiency. They achieve this goal through economic development, aiming to enhance and strengthen the community as a whole. The organization utilizes networking, education, and awareness-raising events to support activities and programs that benefit the Hispanic business community and the community at large. Furthermore, they serve as a source for community support, funding initiatives that advance the interests of the Hispanic community in Fresno, California, and its surrounding areas.
Official website here: www.fresnoahf.org
Who is the CEO of Fresno Area Hispanic Foundation?
Dora Westerlund is the President & Ceo of Fresno Area Hispanic Foundation. The CEO's salary of Fresno Area Hispanic Foundation is $231,048 and their total compensation is $231,048.
Official website here: www.fresnoahf.org
What is the revenue of Fresno Area Hispanic Foundation?
Fresno Area Hispanic Foundation's revenue in 2022 was $3,201,174.
Official website here: www.fresnoahf.org
Who are the executives of Fresno Area Hispanic Foundation and what are their salaries?
The average compensation at Fresno Area Hispanic Foundation during 2022 was $48,280. There are 21 employees at Fresno Area Hispanic Foundation.
Here are 13 key members and their salaries (Fresno Area Hispanic Foundation's CEO's salary is $231,048 and their total compensation is $231,048):
- Compensation: $231,048
- Related: $0
- Other: $0
- Compensation: $154,550
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fresnoahf.org
Where can I find the form 990 for Fresno Area Hispanic Foundation?
Fresno Area Hispanic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fresnoahf.org
Learn more at the official website: www.fresnoahf.org
Mission Statement of Fresno Area Hispanic Foundation
The Fresno Area Hispanic Foundation is committed to fostering education and self-sufficiency in the community through economic development. Their mission is to enhance the overall well-being of the community by promoting initiatives that strengthen economic growth. This nonprofit organization achieves this by engaging in various activities such as networking, education, and raising awareness. They also serve as a platform for the community to support programs and activities that benefit and empower the Hispanic business community and the community at large. By focusing on economic development, the Fresno Area Hispanic Foundation aims to create a stronger, more self-sufficient community.
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Impact
July, 2024
The Fresno Area Hispanic Foundation has made a significant impact in the Fresno, CA community by promoting education and self-sufficiency through economic development. Through various activities aimed at enhancing and improving the community as a whole, such as networking, education, and awareness programs, the foundation has become a valuable source for supporting activities and programs that benefit and foster the Hispanic business community and the community at large. Their mission to strengthen the community through economic development has brought about positive changes and growth in Fresno and the surrounding areas. Their focus on community improvement has made them a key player in promoting a more prosperous and self-sufficient environment for residents.
This information is meant to be a general summary of Fresno Area Hispanic Foundation. 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: $74,526
- Gross Receipts: $3,794,156
Assets and Liabilities:
- Total Assets: $8,855,485
- Total Liabilities: $3,448,151
- Net Assets: $5,407,334
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Organization Details
Founding Year
2002
Phone
(559) 222-8705Principal Officer
Dora Westerlund
Main Address
1444 Fulton Street, Fresno, CA, 93721
Website
www.fresnoahf.orgNTEE Category
Code: S30 - Community improvement
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