Overview
What is Fn Foundation Inc?
Fn Foundation Inc is a compassionate nonprofit organization, headquartered unspecified, dedicated to alleviating poverty. They achieve this mission by offering vital financial aid, nourishment, and essential items such as clothing and supplies to those in need. Their initiatives encompass various programs, which are primarily funded through donations. The organization's purpose is to uplift poverty-stricken individuals, providing them with the essential resources required for a better quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating
The Fn Foundation Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in various operational areas. With an overall score of 65%, the organization demonstrates a strong commitment to transparency, evidenced by its 100% independent board members and a favorable liabilities to assets ratio of 0.13%. Additionally, it allocates a significant portion of its expenses, 93.76%, towards its programs, highlighting its focus on mission-driven work.
However, several key deficiencies have been identified that impact its overall rating. The organization lacks essential financial documents, including financial statements and tax forms, which are not available on its website. Furthermore, it does not have critical policies in place, such as conflict of interest and whistleblower policies, which are vital for maintaining accountability and transparency.
These challenges suggest that while the Fn Foundation Inc is effectively using its resources for its programs, it must address its governance and transparency issues to improve its standing and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Fn Foundation Inc legitimate?
Fn Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fn Foundation 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: $5,700
Professional Fundraising Fees: $18,718
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Fn Foundation Inc?
The Fn Foundation's mission is centered around aiding individuals struggling with poverty. They accomplish this by offering financial assistance, as well as essentials such as food, clothing, and supplies. This is carried out through various initiatives, which often involve making charitable donations.
Who is the CEO of Fn Foundation Inc?
Blerti Hajdari is the President of Fn Foundation Inc.
What is the revenue of Fn Foundation Inc?
Fn Foundation Inc's revenue in 2022 was $690,358.
Who are the executives of Fn Foundation Inc and what are their salaries?
The average compensation at Fn Foundation Inc during 2022 was $5,700. There is 1 employee and 2 volunteers at Fn Foundation Inc.
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 Fn Foundation Inc?
Fn Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fn Foundation Inc
The Fn Foundation, a nonprofit organization, is committed to aiding individuals and families struggling with poverty. Its mission, as stated, is to extend assistance in the form of financial aid, food, clothing, and essential supplies. The Fn Foundation accomplishes this through various programs that involve charitable donations. By providing these essentials, the organization aims to alleviate some of the hardships faced by those in poverty, thereby contributing to their overall well-being.
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Impact
July, 2024
Fn Foundation Inc has a significant impact on poverty-stricken individuals by providing essential support such as financial assistance, food, clothing, and supplies. Through its various programs that include donations, the organization aims to alleviate the burden of poverty and improve the well-being of those in need. Based in NEW YORK, NY, Fn Foundation Inc's mission is to offer vital human services to individuals facing financial hardship.
This information is meant to be a general summary of Fn Foundation 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.
- Program Service Revenue: $690,358
- Gross Receipts: $690,358
Assets and Liabilities:
- Total Assets: $86,621
- Total Liabilities: $521
- Net Assets: $86,100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Donations
Revenue
$690,358
Organization Details
Founding Year
2018
Phone
(646) 660-0987Principal Officer
Blerti Hajdari
Main Address
545 W 25th Street Basement, New York, NY, 10001
NTEE Category
Code: P20 - Human services
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