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Akiing 8th Fire

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831587091 ✦ Callaway, MN ✦ Designated as a 501(c)(3)

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Overview

What is Akiing 8th Fire?

Akiing 8th Fire is a nonprofit organization situated in Callaway, Minnesota, specifically at 607 Main Ave. Their primary mission is to uphold and promote culturally and ecologically sustainable practices among the Anishinabe people. This mission encompasses carrying out various necessary, desirable, or expedient acts to accomplish this purpose. The organization prides itself on having a dedicated workforce of 95 individuals, contributing to the betterment of the Anishinabe community.


Official website here: www.akiing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 85% - Three-Star out of Four Star Rating

Akiing 8th Fire has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. With a score of 85% in this category, the organization demonstrates a commitment to transparency and responsible financial management. This rating is primarily driven by their strong governance structure, including a majority of independent board members and effective policies on conflicts of interest and whistleblower protections.

The nonprofit shows impressive financial ratios, with a program expense ratio of 78.36%, signifying that a significant portion of funds is directed toward programs rather than administrative costs. Additionally, their fundraising efficiency is commendable, costing only $0.04 to raise a dollar, which reflects efficient use of resources. The organization also maintains a healthy working capital ratio of 1.58 years, suggesting good financial stability.

However, there are areas for improvement, specifically concerning their financial statements and independent board member size. The audit score was lower than ideal, indicating potential weaknesses in financial oversight. Moreover, the organization has only two independent board members, which could impact governance effectiveness. Addressing these issues could enhance their overall accountability and strengthen their mission delivery.


This AI summary has been generated from information found on Charity Navigator.

Is Akiing 8th Fire legitimate?

Akiing 8th Fire is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akiing 8th Fire 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: $150,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $852,767

For more financial information, click here


Official website here: www.akiing.org

What is the mission statement of Akiing 8th Fire?

Akiing 8th Fire's mission is centered around promoting culturally and ecologically sustainable practices among the Anishinabegh community. They aim to carry out various necessary, desirable, or expedient acts to achieve this goal. The organization has the power to exercise any rights and privileges that could reasonably aid in the fulfillment of this purpose. In essence, Akiing 8th Fire is committed to preserving and advancing the sustainable lifestyle of the Anishinabegh people.


Official website here: www.akiing.org

Who is the CEO of Akiing 8th Fire?

Frank Bibeau is the Board Chair of Akiing 8th Fire.


Official website here: www.akiing.org

What is the revenue of Akiing 8th Fire?

Akiing 8th Fire's revenue in 2022 was $4,016,574.


Official website here: www.akiing.org

Who are the executives of Akiing 8th Fire and what are their salaries?

The average compensation at Akiing 8th Fire during 2022 was $10,560. There are 95 employees and 3 volunteers at Akiing 8th Fire.


Here are 3 key members and their salaries:


Winona Laduke (Board Chair)
  • Compensation: $0
  • Related: $109,316
  • Other: $23,054
Frank Bibeau (Board Chair)
  • Compensation: $0
  • Related: $60,000
  • Other: $0
Paul Demain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.akiing.org

Where can I find the form 990 for Akiing 8th Fire?

Akiing 8th Fire's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.akiing.org

Learn more at the official website: www.akiing.org

Mission Statement of Akiing 8th Fire

Akiing 8th Fire, a nonprofit organization, is committed to upholding and promoting the culturally and ecologically sustainable practices of the Anishinabegh. Their mission encompasses executing a wide range of actions and utilizing any necessary rights and powers to achieve this purpose. They are dedicated to ensuring the continued viability and preservation of traditional Anishinabe practices, recognizing that these practices are essential for the well-being of the community and the environment. By undertaking various initiatives and leveraging their rights and powers, Akiing 8th Fire aspires to foster a sustainable future for the Anishinabegh people.

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Impact




July, 2024

Akiing 8th Fire's impact lies in furthering culturally and ecologically sustainable practices of the Anishinaabeg people. By promoting and preserving these traditions, Akiing 8th Fire contributes to the preservation of indigenous knowledge and environmental stewardship within the community. Through its efforts, Akiing 8th Fire helps to uphold the cultural heritage of the Anishinaabeg and foster a deeper connection to the land.




This information is meant to be a general summary of Akiing 8th Fire. 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.

Revenue
$4,016,574 (2022)
Expenses
$2,564,432 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $680,000
  • Gross Receipts: $4,016,859

Assets and Liabilities:

  • Total Assets: $2,558,022
  • Total Liabilities: $554,993
  • Net Assets: $2,003,029

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEE FOR SERVICES

Revenue

$680,000

Organization Details

Founding Year

2018

Principal Officer

Frank Bibeau

Main Address

607 MAIN AVE, CALLAWAY, MN, 56521

NTEE Category

Code: B99 - Education

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