Overview
What is Omni Family Foundation Inc?
Omni Family Foundation Inc, located in Nashville, Tennessee, is a compassionate nonprofit organization with a mission to support at-risk and underserved populations. With a small team of four dedicated individuals, they aim to strengthen families and communities by providing essential aid. The foundation's activities and mission revolve around championing for these vulnerable populations, ultimately fostering a more resilient and united society.
Official website here: www.omnifamilyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Omni Family Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. While the organization demonstrates strong board independence with 100% of its members being independent, it lacks crucial financial transparency elements such as posted financial statements and tax forms on its website.
Strengths include a solid program expense ratio of 73.76%, suggesting that a significant portion of funds is directed toward its programs. Additionally, there are no reported material diversions of assets, which is a positive indicator of financial integrity. However, the absence of key policies like a conflict of interest policy and a whistleblower policy raises concerns about governance and oversight.
Overall, while the foundation shows some strengths in governance structure and program funding, its significant gaps in financial documentation and policies suggest a need for improvement to foster greater transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Omni Family Foundation Inc legitimate?
Omni Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omni Family 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $256,568
For more financial information, click here
Official website here: www.omnifamilyfoundation.org
What is the mission statement of Omni Family Foundation Inc?
The Omni Family Foundation Inc's mission is centered around supporting at-risk and underserved populations. Their primary goal is to strengthen families and communities by providing necessary aid. They strive to make a positive impact in various sectors, ultimately aiming to improve the well-being of these populations. The foundation's activities are geared towards uplifting and empowering these communities, fostering resilience and unity within them.
Official website here: www.omnifamilyfoundation.org
Who is the CEO of Omni Family Foundation Inc?
Eric Strickland is the Chairman of Omni Family Foundation Inc.
Official website here: www.omnifamilyfoundation.org
What is the revenue of Omni Family Foundation Inc?
Omni Family Foundation Inc's revenue in 2022 was $639,240.
Official website here: www.omnifamilyfoundation.org
Who are the executives of Omni Family Foundation Inc and what are their salaries?
The average compensation at Omni Family Foundation Inc during 2022 was $64,142. There are 4 employees at Omni Family Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.omnifamilyfoundation.org
Where can I find the form 990 for Omni Family Foundation Inc?
Omni Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.omnifamilyfoundation.org
Learn more at the official website: www.omnifamilyfoundation.org
Mission Statement of Omni Family Foundation Inc
Omni Family Foundation Inc, as per its mission statement, is dedicated to supporting at-risk and underserved populations with the ultimate goal of strengthening families and communities. Their objective is to provide aid and resources to these vulnerable groups, thereby contributing to the overall enhancement of their living conditions and social cohesion. The foundation's mission is rooted in the belief that by uplifting these populations, it can significantly contribute to the betterment of families and communities at large.
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Impact
July, 2024
Omni Family Foundation Inc is dedicated to supporting at-risk and underserved populations in order to strengthen families and communities. Their impactful work in Nashville, TN, revolves around providing essential resources and empowerment programs to those in need. Through their philanthropic efforts, Omni Family Foundation Inc is making a tangible difference in the lives of individuals and families, fostering resilience and building stronger communities for a brighter future.
This information is meant to be a general summary of Omni Family 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.
- Investment Income: -$15,822
- Gross Receipts: $655,062
Assets and Liabilities:
- Total Assets: $9,727,752
- Total Liabilities: $341,094
- Net Assets: $9,386,658
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Organization Details
Founding Year
2019
Phone
(615) 726-3603Principal Officer
Eric Strickland
Main Address
301 S PERIMETER PARK DR STE 200, NASHVILLE, TN, 37211
Website
www.omnifamilyfoundation.orgNTEE Category
Code: T12 - Philanthropy
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