Overview
What is Desk Drawer Fund?
The Desk Drawer Fund is a nonprofit organization based in East Lansing, Michigan. Their mission is to empower individuals, businesses, and other entities to contribute to universal well-being by investing in local communities and fostering their growth. They accomplish this by supporting various organizations in several key areas. In the realm of arts and culture, they aid five organizations to establish and promote creativity. For stable housing, they assist 12 organizations in ensuring that community members can secure reliable and safe shelter. In the Empowering Youth category, they remove barriers for 20 organizations, enabling youth to share their ideas and become future leaders. The Desk Drawer Fund also provides financial education to two organizations, helping them engage and educate community members about managing their finances. Lastly, they empower and educate seven organizations involved in fostering entrepreneurialism, allowing them to develop skills and explore programs.
Official website here: www.deskdrawerfund.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Desk Drawer Fund has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial transparency. The rating is based solely on the Accountability & Finance beacon, which reflects the charity's commitment to responsible management of its resources. The organization has demonstrated an exemplary performance in various areas, such as having a fully independent board and strong financial oversight, which contributes to its overall trustworthiness.
Strengths of the Desk Drawer Fund include its 100% score for having independent board members and a robust financial oversight structure, including an Audit and Oversight Committee. Additionally, the organization maintains very low liabilities relative to assets at 37.85%, which suggests sound financial health. With a program expense ratio of 87.85%, the charity effectively allocates the majority of its expenses toward its programs, ensuring that funds are used to achieve its mission.
However, while the charity scores highly in accountability, the data does not provide insights into programmatic impact or outcomes, which are also critical for fully assessing organizational effectiveness. Despite this limitation, the Desk Drawer Fund's strong fiscal management and governance practices make it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Desk Drawer Fund legitimate?
Desk Drawer Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Desk Drawer Fund 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: $0
For more financial information, click here
Official website here: www.deskdrawerfund.org/
What is the mission statement of Desk Drawer Fund?
The Desk Drawer Fund's mission is to empower various entities, including members, employees, and other businesses, to contribute to universal wellbeing. They achieve this by investing in local communities and aiding in their flourishing. This organization supports several causes, including arts and culture, ensuring reliable and safe housing, empowering youth, promoting financial education, and fostering entrepreneurialism. They serve a variety of organizations in these areas, with specific numbers provided for some categories.
Official website here: www.deskdrawerfund.org/
Who is the CEO of Desk Drawer Fund?
Ernest Betts is the Chair of Desk Drawer Fund.
Official website here: www.deskdrawerfund.org/
What is the revenue of Desk Drawer Fund?
Desk Drawer Fund's revenue in 2022 was $597,167.
Official website here: www.deskdrawerfund.org/
Who are the executives of Desk Drawer Fund and what are their salaries?
There 16 volunteers at Desk Drawer Fund.
Here are 11 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $209,621
- Other: $25,524
- Compensation: $0
- Related: $1,528,830
- Other: $171,550
- Compensation: $0
- Related: $67,765
- Other: $14,132
Official website here: www.deskdrawerfund.org/
Where can I find the form 990 for Desk Drawer Fund?
Desk Drawer Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deskdrawerfund.org/
Learn more at the official website: www.deskdrawerfund.org/
Mission Statement of Desk Drawer Fund
Desk Drawer Fund, an organization committed to universal wellbeing, strives to empower its members, employees, and other businesses by investing in local communities and facilitating their growth. Their mission is centered around the belief that by contributing to the flourishing of these communities, they can collectively improve overall wellbeing.
To achieve this mission, Desk Drawer Fund supports various initiatives within its communities. For instance, it promotes creativity in the arts and culture sector by aiding theater, visual arts, and artists. By doing so, it assists in the establishment and promotion of artistic endeavors, serving five organizations in this capacity.
Moreover, Desk Drawer Fund is dedicated to ensuring that all community members have access to reliable and safe housing. In pursuit of this goal, it supports twelve organizations that work towards securing stable housing for individuals in need.
In addition to these initiatives, Desk Drawer Fund also focuses on empowering youth and fostering future leaders. It removes barriers for young people to express their ideas and provides opportunities for them to grow as leaders, serving twenty organizations in this regard.
The organization also engages in financial education, educating community members on how to manage their finances effectively. In this area, Desk Drawer Fund works with two organizations to promote financial literacy.
Lastly, Desk Drawer Fund encourages entrepreneurship by empowering and educating entrepreneurs. It provides them with opportunities to develop their skills and explore various programs, supporting seven organizations in this endeavor.
In summary, Desk Drawer Fund is a nonprofit organization that empowers its community through various initiatives aimed at promoting universal wellbeing. It supports local artists, secures stable housing for community members, empowers youth, encourages financial education, and fosters entrepreneurship. By working with various organizations, Desk Drawer Fund plays a significant role in the growth and development of its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Desk Drawer Fund's impact can be seen through its initiatives that support various aspects of community development. By investing in local communities, Desk Drawer Fund is able to promote creativity in the arts and culture sector, provide stable housing for those in need, empower youth to become future leaders, educate community members on financial management, and support entrepreneurs in developing their skills. With a strong focus on empowering individuals and organizations, Desk Drawer Fund has served a total of 46 different community organizations across various sectors. By fostering philanthropy and community involvement, Desk Drawer Fund is contributing to the universal wellbeing of society and helping local communities flourish.
This information is meant to be a general summary of Desk Drawer Fund. 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: $628,328
Assets and Liabilities:
- Total Assets: $186,107
- Total Liabilities: $70,449
- Net Assets: $115,658
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(517) 333-2299Principal Officer
Ernest Betts
Main Address
3777 WEST RD, EAST LANSING, MI, 48823
Website
www.deskdrawerfund.org/NTEE Category
Code: T30 - Philanthropy
If you are a representative of Desk Drawer Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.