Overview
What is Ndn Fund Inc?
Ndn Fund Inc is a nonprofit organization situated in Rapid City, South Dakota. Their primary mission is to facilitate access to capital and allocate resources to indigenous change-makers, community developers, and sovereign nations. This nonprofit aims to support pre-development, bridge, and large-scale indigenous regenerative development projects, ultimately shifting decision-making power to native communities. Their initiatives have the potential to significantly increase investment, thereby driving sustainable development within indigenous communities.
Official website here: www.ndncollective.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
NdN Fund Inc has received a Three-Star rating from Charity Navigator, indicating an overall score of 81%. This score reflects the organization’s strong commitment to accountability and finance, as the rating is based entirely on a single beacon score that emphasizes these aspects. The charity demonstrates a solid financial structure, with a high program expense ratio of 83.52%, which suggests that a significant portion of its funds is directed towards its programs.
The organization also excels in governance, with 100% of its board members being independent. This independence is further supported by a well-structured board size and various policies, including conflict of interest and whistleblower policies, which are properly documented. Additionally, NdN Fund Inc has shown that it maintains transparency, as indicated by their financial statements and the presence of an audit and oversight committee.
While the organization appears to have a strong foundation in accountability and governance, the summary does not provide information on specific programs or services offered, which could give a fuller picture of its overall impact. Nevertheless, the financial health and governance practices of NdN Fund Inc position it as a responsible and transparent nonprofit in the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ndn Fund Inc legitimate?
Ndn Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ndn Fund 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: $160,538
For more financial information, click here
Official website here: www.ndncollective.org
What is the mission statement of Ndn Fund Inc?
Ndn Fund Inc's mission is to enhance access to capital and distribute resources into the hands of indigenous change-makers, community developers, and sovereign nations. The primary objective is to facilitate pre-development, bridge, and large-scale regenerative development projects that significantly escalate investment and transfer decision-making authority to indigenous peoples. By doing so, this organization aims to empower indigenous communities, enabling them to drive their own development projects.
Official website here: www.ndncollective.org
Who is the CEO of Ndn Fund Inc?
Kimberly Pate is the Secretary of Ndn Fund Inc.
Official website here: www.ndncollective.org
What is the revenue of Ndn Fund Inc?
Ndn Fund Inc's revenue in 2022 was $1,858,445.
Official website here: www.ndncollective.org
Who are the executives of Ndn Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $178,221
- Other: $8,070
Official website here: www.ndncollective.org
Where can I find the form 990 for Ndn Fund Inc?
Ndn Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ndncollective.org
Learn more at the official website: www.ndncollective.org
Mission Statement of Ndn Fund Inc
Ndn Fund Inc, a nonprofit organization, is committed to providing financing for pre-development, bridge, and large-scale indigenous regenerative development projects. The primary aim of this venture is to significantly increase investment and transfer decision-making power to indigenous peoples. By doing so, Ndn Fund Inc seeks to enhance access to capital and channel resources into native change-makers, community developers, and sovereign nations. This mission is driven by a desire to empower indigenous communities, enabling them to drive their own development and shape their future.
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Impact
July, 2024
Ndn Fund Inc's impact can be seen in the meaningful support it provides for pre-development, bridge, and large-scale Indigenous regenerative development projects. By offering financing and shifting decision-making power to Indigenous peoples, Ndn Fund Inc is instrumental in scaling up investment opportunities that empower Native communities. Through its work, this organization increases access to capital for Native change-makers, community developers, and sovereign nations, ultimately driving positive change and enhancing the well-being of Indigenous populations.
This information is meant to be a general summary of Ndn Fund 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: $162,820
- Gross Receipts: $1,858,445
Assets and Liabilities:
- Total Assets: $10,076,823
- Total Liabilities: $8,469,635
- Net Assets: $1,607,188
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Organization Details
Founding Year
2018
Phone
(605) 791-3999Principal Officer
Kimberly Pate
Main Address
408 KNOLLWOOD DR, RAPID CITY, SD, 57701
Website
www.ndncollective.orgNTEE Category
Code: S12 - Community improvement
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