Overview
What is The Hadhramout Foundation Inc?
The Hadhramout Foundation Inc is a nonprofit organization based in Westport, Connecticut, with a mission to empower the youth of Yemen through education. Their goal is to foster positive change within Yemen, aiming to better the world at large. By enhancing educational opportunities, they believe they can improve living conditions and job prospects not just in Hadhramout, but across Yemen as a whole. The foundation operates with the vision of making a significant impact on the lives of Yemeni youth, ultimately contributing to a better world.
Official website here: www.hadhramout.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Hadhramout Foundation Inc has achieved a strong overall score of 96%, reflecting excellent accountability and financial practices. The foundation's rating is entirely based on its performance in the Accountability & Finance category, where it excels in areas such as having a fully independent board and a strong audit and oversight committee. These factors demonstrate the organization's commitment to transparency and governance.
The foundation showcases impressive financial management with a program expense ratio of 98.73%, indicating that nearly all of its funds are directed towards its programs. This high ratio suggests that the organization is effectively utilizing its resources to fulfill its mission. Additionally, there are no reported material diversions of assets, further underscoring its integrity in financial operations.
While the organization prides itself on its robust governance policies, it may benefit from expanding its outreach and visibility to communicate its impact to a broader audience. Overall, The Hadhramout Foundation Inc is recognized for its strong ethical practices and dedication to its mission, backed by solid financial health.
This AI summary has been generated from information found on Charity Navigator.
Is The Hadhramout Foundation Inc legitimate?
The Hadhramout Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hadhramout 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: $27,413
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hadhramout.org/
What is the mission statement of The Hadhramout Foundation Inc?
The Hadhramout Foundation Inc is a nonprofit organization dedicated to empowering the youth of Yemen through education. Their mission is to transform these individuals into agents of positive change in their country, with the ultimate goal of making the world a better place. By enhancing opportunities for education, they aim to improve living conditions and employment prospects not only in Hadhramout but also throughout Yemen as a whole. The foundation believes that by doing so, they can contribute significantly to the betterment of society and the lives of many.
Official website here: www.hadhramout.org/
Who is the CEO of The Hadhramout Foundation Inc?
Shane Rose is the Chairman Of The Board of The Hadhramout Foundation Inc. The CEO's salary of The Hadhramout Foundation Inc is $0 and their total compensation is $15,618.
Official website here: www.hadhramout.org/
What is the revenue of The Hadhramout Foundation Inc?
The Hadhramout Foundation Inc's revenue in 2022 was $1,975,021.
Official website here: www.hadhramout.org/
Who are the executives of The Hadhramout Foundation Inc and what are their salaries?
There 18 volunteers at The Hadhramout Foundation Inc.
Here are 6 key members and their salaries (The Hadhramout Foundation Inc's CEO's salary is $0 and their total compensation is $15,618):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $15,618
- Compensation: $0
- Related: $0
- Other: $9,599
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hadhramout.org/
Where can I find the form 990 for The Hadhramout Foundation Inc?
The Hadhramout Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hadhramout.org/
Learn more at the official website: www.hadhramout.org/
Mission Statement of The Hadhramout Foundation Inc
The Hadhramout Foundation Inc is a nonprofit organization that aims to empower the youth of Yemen through education. Their mission is to transform these young individuals into catalysts of positive change within their country, with the ultimate goal of making the world a better place. By enhancing educational opportunities, the foundation believes it can significantly improve living conditions and employment prospects in Hadhramout and Yemen as a whole. This nonprofit organization is dedicated to fostering a generation of youth who can contribute positively to their community and society at large.
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Impact
July, 2024
The Hadhramout Foundation Inc's impact lies in empowering the youth of Yemen through education to become a source of positive change in their country. By improving educational opportunities, they aim to enhance living conditions and employment prospects in Hadhramout and Yemen at large. Their work ultimately contributes to creating a better world by nurturing the next generation of changemakers in the region.
This information is meant to be a general summary of The Hadhramout 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.
- Gross Receipts: $1,975,021
Assets and Liabilities:
- Total Assets: $204,552
- Total Liabilities: $0
- Net Assets: $204,552
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Organization Details
Founding Year
2018
Phone
(203) 292-6713Principal Officer
Shane Rose
Main Address
1771 POST ROAD EAST 314, WESTPORT, CT, 06880
Website
www.hadhramout.org/NTEE Category
Code: T30 - Philanthropy
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