Overview
What is Hw Kaufman Financial Group Relief Fund?
The Hw Kaufman Financial Group Relief Fund is a charitable organization situated in Farmington Hills, Michigan. Its primary mission is to accept donations and distribute funds to individuals who have encountered hardships or require disaster relief. In 2022, the organization extended assistance to individuals impacted by the COVID-19 pandemic. Based on the provided information, the fund's activities seem to be focused on providing relief to those in need during times of crisis.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Hw Kaufman Financial Group Relief Fund has received an 80% score from Charity Navigator, which is indicative of a strong performance in accountability and finance. The organization has achieved a perfect score for having a fully independent board, with all three members not affiliated with the organization, which enhances governance and oversight.
Additionally, the fund demonstrates effective financial management with a 0.00% liabilities to assets ratio and a 100% program expense ratio, indicating that all funds are directed towards its charitable programs. The organization also maintains a conflict of interest policy and documents board meeting minutes, reflecting transparency and commitment to ethical practices.
Despite its strengths, the overall Three-Star rating suggests there may be areas for improvement in areas beyond the financial metrics. However, with no material diversion of assets and solid governance practices, the Hw Kaufman Financial Group Relief Fund is positioned as a trustworthy organization in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hw Kaufman Financial Group Relief Fund legitimate?
Hw Kaufman Financial Group Relief Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hw Kaufman Financial Group Relief Fund 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 Hw Kaufman Financial Group Relief Fund?
The Hw Kaufman Financial Group Relief Fund's primary mission is to accept charitable donations and distribute these funds to individuals who have suffered from tragedies or losses. In line with this mission, the fund provides hardship assistance to individuals in need of disaster relief. In 2022, the fund extended its aid to individuals affected by the COVID-19 pandemic. This relief effort is aimed at alleviating the financial burden and offering support during times of hardship.
Who is the CEO of Hw Kaufman Financial Group Relief Fund?
Alan J Kaufman is the President, Director of Hw Kaufman Financial Group Relief Fund.
What is the revenue of Hw Kaufman Financial Group Relief Fund?
Hw Kaufman Financial Group Relief Fund's revenue in 2022 was $121,495.
Who are the executives of Hw Kaufman Financial Group Relief Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hw Kaufman Financial Group Relief Fund?
Hw Kaufman Financial Group Relief Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hw Kaufman Financial Group Relief Fund
The Hw Kaufman Financial Group Relief Fund is a charitable organization that accepts donations and distributes funds to individuals who have experienced tragedies or losses. Its mission is to provide hardship assistance to individuals in need of disaster relief. In 2022, this relief fund extended its aid to individuals who were impacted by the COVID-19 pandemic. The relief fund serves as a crucial source of support for those who are facing difficult circumstances, offering them the financial assistance they need during their time of need.
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Impact
October, 2024
The Hw Kaufman Financial Group Relief Fund plays a crucial role in providing assistance to individuals impacted by tragedies and hardship. By accepting charitable donations and channeling these funds directly to those in need, the fund addresses immediate crises and supports recovery efforts.
In 2022, the fund's impact was particularly significant as it aided individuals affected by the COVID-19 pandemic, offering vital support during a time of widespread distress. This targeted assistance fosters resilience and helps individuals navigate the challenges associated with disasters and loss, promoting overall community well-being. Based in Farmington Hills, MI, the fund's mission centers on ensuring that those facing unexpected hardships receive timely relief, thereby underscoring the importance of philanthropy in times of need.
This information is meant to be a general summary of Hw Kaufman Financial Group Relief Fund. 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: $121,495
Assets and Liabilities:
- Total Assets: $46,767
- Total Liabilities: $0
- Net Assets: $46,767
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Organization Details
Founding Year
2017
Phone
(248) 626-6763Principal Officer
Alan J Kaufman
Main Address
30833 NORTHWESTERN HWY 200, FARMINGTON HILLS, MI, 48334
NTEE Category
Code: T30 - Philanthropy
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