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Abhi Shah Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814919858 ✦ Novi, MI ✦ Designated as a 501(c)(3)

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Overview

What is Abhi Shah Foundation?

The Abhi Shah Foundation, situated in Novi, Michigan, is a nonprofit organization committed to enriching the lives of children. Their mission is to instill hope, happiness, and opportunities for success through various initiatives. They achieve this by engaging in community outreach programs, offering mentorship, promoting education, and encouraging volunteering. The foundation's activities are centered around inspiring children and fostering a positive impact on their futures.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Abhi Shah Foundation has earned a modest rating based solely on its Accountability & Finance metrics. The score reflects strong performance in areas such as having a fully independent board and no material diversion of assets, which are positive indicators of the organization's governance and financial integrity.

Strengths of the foundation include a high program expense ratio of 96.19%, suggesting that a significant portion of its resources is directed toward its charitable activities. Additionally, the foundation scores full points for its board composition and lack of financial liabilities, which bolsters its credibility in financial management.

However, there are notable limitations, particularly in transparency and governance practices. The foundation lacks several essential policies including a conflict of interest policy, whistleblower policy, and document retention policy, all of which received zero points. Furthermore, the absence of the foundation's website on its tax form and missing tax documents on its website raises concerns about accessibility and transparency for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Abhi Shah Foundation legitimate?

Abhi Shah Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abhi Shah 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Abhi Shah Foundation?

The Abhi Shah Foundation's mission is centered around improving the lives of children. They strive to instill hope, happiness, and provide opportunities for these children to excel. This is achieved through various means, including community outreach programs, mentorship, educational initiatives, and volunteering. By harnessing the power of a smile, the foundation aims to positively influence the future of these children.

Who is the CEO of Abhi Shah Foundation?

Pratik Shah is the Director of Abhi Shah Foundation.

What is the revenue of Abhi Shah Foundation?

Abhi Shah Foundation's revenue in 2022 was $67,547.

Who are the executives of Abhi Shah Foundation and what are their salaries?


Here are 6 key members and their salaries:


Rajiv Maheshwari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darshah Parikh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachana Parakh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sangeen Shah (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bhushan Modi (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pratik Shah (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Abhi Shah Foundation?

Abhi Shah Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Abhi Shah Foundation

The Abhi Shah Foundation, a nonprofit organization, is committed to enhancing the lives of children. It achieves this objective by instilling hope, fostering happiness, and creating opportunities for these young individuals to excel. The foundation leverages the power of a smile as a tool to inspire and influence the futures of children. This is accomplished through various community outreach programs, mentorship, educational initiatives, and volunteer work. By engaging in these activities, the Abhi Shah Foundation aims to enrich the lives of children, providing them with the necessary resources and support to thrive.

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Impact




August, 2024

Abhi Shah Foundation enriches the lives of children by providing hope, happiness, and the opportunity to excel. Through community outreach programs, mentorship, education, and volunteering initiatives, the foundation inspires with the power of a smile to enhance children's futures. Located in Novi, MI, the foundation's impact is clear in the upliftment of children's lives and the promotion of their overall well-being. By focusing on human services and nurturing the potential of young individuals, the foundation contributes positively to the community and helps shape a brighter future for those in need.




This information is meant to be a general summary of Abhi Shah 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.

Revenue
$67,547 (2022)
Expenses
$65,044 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $32
  • Gross Receipts: $67,547

Assets and Liabilities:

  • Total Assets: $321,582
  • Total Liabilities: $0
  • Net Assets: $321,582

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Organization Details

Founding Year

2017

Principal Officer

Pratik Shah

Main Address

25843 Shoreline Drive, Novi, MI, 48374

NTEE Category

Code: P30 - Human services

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