Overview
What is Foundation For Social Impact?
The Foundation for Social Impact, known as The Foundation for Social Impact DBA, is a nonprofit organization situated in Little Rock, Arkansas. With a mission to empower underrepresented communities, they strive to foster a culture of civic and economic participation. This aim is geared towards establishing and maintaining a 21st-century ecosystem. Their initiative, Woke Vote, serves to educate voters about social issues and underscore the significance of each individual vote. The Foundation, with a workforce of three individuals, works in collaboration with civic and community leaders to mobilize and amplify the voices of these communities.
Official website here: www.thinksocialimpact.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 80%, Three-Star out of Four Star rating.
Foundation For Social Impact has received a respectable score of 80%, indicating a solid performance in accountability and finance. The organization has demonstrated strong governance with a fully independent board, which is crucial for maintaining transparency and integrity. Additionally, they have a favorable program expense ratio, which suggests that a significant portion of their resources is directed toward their programs rather than administrative costs.
However, there are several areas of concern that could impact their overall effectiveness. Notably, the organization lacks financial statements and has missing policies related to conflict of interest and whistleblower protections. These gaps may raise questions about the organization’s financial practices and its commitment to best practices in governance.
Furthermore, while the organization has a commendable liabilities to assets ratio, indicating sound financial health, the fundraising efficiency ratio raises some flags, as it shows a low return on fundraising efforts. This could suggest that the organization may need to improve its strategies for raising funds to ensure sustainability and growth moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Social Impact legitimate?
Foundation For Social Impact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Social Impact 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: $93,377
For more financial information, click here
Official website here: www.thinksocialimpact.org
What is the mission statement of Foundation For Social Impact?
The Foundation for Social Impact believes in the importance of fostering civic and economic participation in underrepresented communities. Their mission is to establish and sustain a 21st-century ecosystem by providing resources, thereby promoting a culture of engagement. One of their initiatives, Woke Vote, aims to educate all voters about social issues and emphasize the significance of each individual vote, encouraging active civic engagement and voice expression.
Official website here: www.thinksocialimpact.org
Who is the CEO of Foundation For Social Impact?
Tristan Wilkerson is the Director of Foundation For Social Impact.
Official website here: www.thinksocialimpact.org
What is the revenue of Foundation For Social Impact?
Foundation For Social Impact's revenue in 2021 was $2,217,945.
Official website here: www.thinksocialimpact.org
Who are the executives of Foundation For Social Impact and what are their salaries?
The average compensation at Foundation For Social Impact during 2021 was $31,126. There are 3 employees and 50 volunteers at Foundation For Social Impact.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thinksocialimpact.org
Where can I find the form 990 for Foundation For Social Impact?
Foundation For Social Impact's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.thinksocialimpact.org
Learn more at the official website: www.thinksocialimpact.org
Mission Statement of Foundation For Social Impact
The Foundation for Social Impact is dedicated to fostering a culture of civic and economic participation in underrepresented communities. Its mission is to establish and maintain a 21st-century ecosystem that values this participation. By doing so, the Foundation aims to resource these communities, ultimately creating a sustainable environment.
In pursuit of this mission, the Foundation has initiated a project known as Woke Vote. The objective of Woke Vote is to sensitize all voters about various social matters and to emphasize the importance of each individual's vote. This movement collaborates with civic and community leaders to mobilize voters, encouraging them to take a stand and express their views effectively.
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Impact
July, 2024
Foundation For Social Impact's impact lies in empowering underrepresented communities to engage in civic and economic participation, fostering a culture of value and empowerment in the 21st century. Through initiatives like Woke Vote in LITTLE ROCK, AR, the Foundation works to educate and mobilize voters, ensuring that every voice is heard and every vote counts. By partnering with civic and community leaders, they aim to create a more inclusive and active society where individuals are empowered to enact positive change. Their dedication to human services underscores their commitment to building a more equitable and engaged society.
This information is meant to be a general summary of Foundation For Social Impact. 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 2021.
- Investment Income: $65
- Program Service Revenue: $542,380
- Gross Receipts: $2,217,945
Assets and Liabilities:
- Total Assets: $1,579,753
- Total Liabilities: $49,113
- Net Assets: $1,530,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
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Organization Details
Founding Year
2019
Phone
(501) 952-4772Principal Officer
Tristan Wilkerson
Main Address
417 Main Street, Little Rock, AR, 72201
Website
www.thinksocialimpact.orgNTEE Category
Code: P20 - Human services
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