Overview
What is The Albacete Forum Inc?
The Albacete Forum Inc is a nonprofit organization based at 10 Kraft Ave, Bronxville, New York 10708. Established in honor of its namesake, Monsignor Lorenzo Albacete, the organization aims to maintain his works' presence in the public sphere and uphold his perspectives and interests within the broader sphere of the church and society. While the description does not provide specific activities or programs, it indicates that the foundation's mission revolves around promoting Monsignor Albacete's legacy and outlook.
Official website here: www.albaceteforum.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51%, One-Star out of Four Stars
The Albacete Forum Inc has received a low rating of 51%, indicating significant concerns regarding its accountability and financial practices. While the organization scores well on some governance metrics, such as having a majority independent board and a structured asset management approach, it falls short in critical areas such as conflict of interest and whistleblower policies. This lack of transparency raises red flags for potential donors.
Strengths of the organization include its independent board structure and compliance in documenting board meeting minutes. However, the absence of established policies for conflict of interest and whistleblower protocols significantly undermines its overall governance framework. Additionally, the organization has not posted its tax forms on its website, which is a missed opportunity for transparency.
Financially, the charity's program expense ratio is alarmingly low, suggesting that a minimal portion of its resources is directed toward its intended programs. This could indicate inefficiency in utilizing funds for charitable purposes, which might deter potential supporters. Overall, while there are some commendable governance aspects, the weaknesses in policy adherence and financial management are concerning.
This AI summary has been generated from information found on Charity Navigator.
Is The Albacete Forum Inc legitimate?
The Albacete Forum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Albacete Forum 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
Official website here: www.albaceteforum.org/
What is the mission statement of The Albacete Forum Inc?
The Albacete Forum Inc is an organization dedicated to honoring its namesake's legacy and maintaining his works in the public sphere. Its mission is to promote his perspectives and interests in the broader church and societal context. The organization aims to keep the contributions of the namesake alive and relevant, advocating for his viewpoints in various church and societal spheres.
Official website here: www.albaceteforum.org/
Who is the CEO of The Albacete Forum Inc?
Olivetta Danese is the President of The Albacete Forum Inc.
Official website here: www.albaceteforum.org/
What is the revenue of The Albacete Forum Inc?
The Albacete Forum Inc's revenue in 2022 was $30,315.
Official website here: www.albaceteforum.org/
Who are the executives of The Albacete Forum Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.albaceteforum.org/
Where can I find the form 990 for The Albacete Forum Inc?
The Albacete Forum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.albaceteforum.org/
Learn more at the official website: www.albaceteforum.org/
Mission Statement of The Albacete Forum Inc
The Albacete Forum Inc is an organization established in honor of its namesake, Monsignor Lorenzo Albacete. Their primary goal is to ensure the continued relevance and impact of Monsignor Albacete's works in the public sphere. They strive to promote his perspective and interests, extending beyond the confines of the Church and reaching into the broader context of society. By doing so, The Albacete Forum Inc aims to keep Monsignor Albacete's legacy alive and contribute to broader discourses within the Church and society at large.
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Impact
August, 2024
The Albacete Forum Inc has made a significant impact through its dedication to honoring the life and legacy of its namesake, Monsignor Lorenzo Albacete. By keeping Monsignor Albacete's works in the public sphere and promoting his outlook and interests in the wider world of the church and society, the organization is contributing to the preservation of valuable contributions to religious discourse and societal understanding. Through its activities and initiatives, The Albacete Forum Inc is helping to perpetuate Monsignor Albacete's teachings and ideals, thereby enriching the spiritual and intellectual landscape.
This information is meant to be a general summary of The Albacete Forum 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 2022.
- Gross Receipts: $30,315
Assets and Liabilities:
- Total Assets: $21,373
- Total Liabilities: $0
- Net Assets: $21,373
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Organization Details
Founding Year
2017
Phone
(212) 253-5777Principal Officer
Olivetta Danese
Main Address
10 KRAFT AVE, BRONXVILLE, NY, 10708
Website
www.albaceteforum.org/NTEE Category
Code: X99 - Religion related
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