Overview
What is Action Center On Race & The Economy Institute?
The Action Center on Race & the Economy Institute is a nonprofit organization dedicated to fostering community advocacy and championing economic and racial justice. They achieve this by collaborating with a diverse range of partners, including unions, digital activists, and policy/research groups. The institute also offers fiscal sponsorship programs that align with its mission, in association with Roosevelt College. Through organizing conferences, public education, research, advocacy, and training programs, the Institute strives to combat inequality and promote social change.
Official website here: www.acrecampaigns.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The Action Center On Race & The Economy Institute has received a solid Three-Star rating from Charity Navigator, indicating a reliable level of accountability and financial health. With an overall score of 85%, the organization demonstrates strong management practices, particularly in governance and financial transparency, with a perfect score on key criteria such as the independence of its board members and policies in place to manage conflicts of interest.
Strengths of the organization include its excellent program expense ratio of 85.66%, showing a commitment to directing funds toward its mission rather than administrative costs. Additionally, its fundraising efficiency is commendable, with only $0.03 spent to raise each dollar. The organization also maintains a low liabilities to assets ratio of 3.13%, signaling a sound financial structure.
However, while the organization's financial ratios are strong, stakeholders may want to consider the working capital ratio of 0.73 years, which suggests a limited buffer in terms of liquidity. This could imply potential challenges in sustaining operations without additional income or funding. Overall, the Action Center On Race & The Economy Institute appears to be a well-managed organization making strides in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Action Center On Race & The Economy Institute legitimate?
Action Center On Race & The Economy Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Action Center On Race & The Economy Institute 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: $309,841
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,714,116
For more financial information, click here
Official website here: www.acrecampaigns.org
What is the mission statement of Action Center On Race & The Economy Institute?
The Action Center on Race & the Economy Institute is committed to supporting community advocacy efforts and fostering economic and racial justice. They achieve this by collaborating with organizations such as unions, digital activists, and policy/research groups. The institute also provides fiscal sponsorship programs in line with its mission statement, in partnership with Roosevelt College. Additionally, they conduct conferences on economic and racial justice issues, offering public education, research, advocacy, and training programs to reduce inequality. Their goal is to promote a more equitable society.
Official website here: www.acrecampaigns.org
Who is the CEO of Action Center On Race & The Economy Institute?
Saqib Bhatti is the Co-Exec. Dir of Action Center On Race & The Economy Institute.
Official website here: www.acrecampaigns.org
What is the revenue of Action Center On Race & The Economy Institute?
Action Center On Race & The Economy Institute's revenue in 2022 was $4,677,744.
Official website here: www.acrecampaigns.org
Who are the executives of Action Center On Race & The Economy Institute and what are their salaries?
The average compensation at Action Center On Race & The Economy Institute during 2022 was $91,635. There are 33 employees and 6 volunteers at Action Center On Race & The Economy Institute.
Here are 16 key members and their salaries:
- Compensation: $127,000
- Related: $0
- Other: $6,350
- Compensation: $125,400
- Related: $0
- Other: $6,270
- Compensation: $123,201
- Related: $0
- Other: $6,160
- Compensation: $121,413
- Related: $0
- Other: $6,071
- Compensation: $119,836
- Related: $0
- Other: $5,992
- Compensation: $110,275
- Related: $0
- Other: $5,514
- Compensation: $109,313
- Related: $0
- Other: $5,466
- Compensation: $49,790
- Related: $0
- Other: $873
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acrecampaigns.org
Where can I find the form 990 for Action Center On Race & The Economy Institute?
Action Center On Race & The Economy Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acrecampaigns.org
Learn more at the official website: www.acrecampaigns.org
Mission Statement of Action Center On Race & The Economy Institute
Action Center on Race & the Economy Institute is dedicated to fostering community advocacy and championing economic and racial justice. This nonprofit organization accomplishes its mission by forging partnerships with diverse entities, including unions, digital activists, and policy/research groups. By offering fiscal sponsorship programs that align with its mission statement, the institute further supports its cause.
In addition to its partnerships, the Action Center on Race & the Economy Institute holds conferences centered around economic and racial justice issues. These events serve as platforms for discussion and collaboration among stakeholders. Furthermore, the institute delivers public education, research, advocacy, and training programs to help combat inequality. These initiatives aim to inform and empower individuals and communities, ultimately contributing to a more equitable society.
The Action Center on Race & the Economy Institute also provides various programs to achieve its objectives. These may include research on economic and racial justice issues, advocacy efforts to influence policy, and training programs that equip individuals with the skills needed to effect change. By engaging in these activities, the institute plays a vital role in promoting economic and racial justice, thereby contributing to a more equitable society.
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Impact
July, 2024
The Action Center On Race & The Economy Institute supports community advocacy efforts and promotes economic and racial justice through partnerships with various organizations. It holds conferences on economic and racial justice issues and offers public education, research, advocacy, and training programs to reduce inequality. The Institute's impact lies in its contribution to advancing civil rights and fighting for economic and racial justice through collaborative efforts and education initiatives.
This information is meant to be a general summary of Action Center On Race & The Economy Institute. 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.
- Program Service Revenue: $660,727
- Gross Receipts: $4,677,744
Assets and Liabilities:
- Total Assets: $3,531,218
- Total Liabilities: $110,564
- Net Assets: $3,420,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting Income
Revenue
$660,727
Organization Details
Founding Year
2017
Phone
(312) 329-6299Principal Officer
Saqib Bhatti
Main Address
1901 W Carroll Avenue, Chicago, IL, 60612
Website
www.acrecampaigns.orgNTEE Category
Code: R22 - Civil rights
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