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Almost Fun Inc

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

EIN: 842339499 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Almost Fun Inc?

Almost Fun Inc is a nonprofit organization based in Brooklyn, New York, with a team of six dedicated individuals. In 2021, they introduced 60 free supplementary math lessons on their website to support the learning of K-12 students. These resources proved beneficial, reaching over 1.5 million pupils throughout 2022, with a significant portion coming from low-income communities and identifying as students of color. Almost Fun's mission is to empower these students by providing free, culturally-responsive digital educational resources, including high-quality SAT prep and math lessons, using relatable contexts and non-academic language to boost their understanding effectively.


Official website here: www.almostfun.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating

Almost Fun Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of performance in accountability and finance. The organization scored 83% overall, with its rating derived solely from its Accountability & Finance score, reflecting a strong management of resources and operations during the most recent fiscal year, FY2022.

The nonprofit exhibits commendable governance practices, including a fully independent board and no reported material diversion of assets. It also maintains transparency with its website listed on tax forms and a well-documented conflict of interest policy. These factors contribute positively to its financial health, evidenced by a strong program expense ratio of 86.18%, suggesting that the majority of funds are allocated directly to its programs.

However, there are notable limitations in the organization’s policies, specifically the absence of a whistleblower policy and guidelines on document retention and destruction, both of which received a score of zero. Addressing these gaps could enhance its governance framework and further bolster its accountability standing in the nonprofit sector.


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

Is Almost Fun Inc legitimate?

Almost Fun Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Almost Fun 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: $80,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,443

For more financial information, click here


Official website here: www.almostfun.org

What is the mission statement of Almost Fun Inc?

Almost Fun Inc's mission is centered around empowering low-income and BIPOC (Black, Indigenous, People of Color) students in the K-12 age group. They achieve this by providing free, culturally-sensitive digital educational resources. These resources include high-quality SAT preparation materials and supplementary math lessons. The lessons utilize familiar contexts and non-academic analogies to aid in effective skill-building. The organization's goal is to make learning more accessible and engaging for these students.


Official website here: www.almostfun.org

Who is the CEO of Almost Fun Inc?

Lisa Wang is the Ceo of Almost Fun Inc. The CEO's salary of Almost Fun Inc is $80,125 and their total compensation is $80,125.


Official website here: www.almostfun.org

What is the revenue of Almost Fun Inc?

Almost Fun Inc's revenue in 2022 was $496,879.


Official website here: www.almostfun.org

Who are the executives of Almost Fun Inc and what are their salaries?

The average compensation at Almost Fun Inc during 2022 was $54,261. There are 6 employees at Almost Fun Inc.


Here are 4 key members and their salaries (Almost Fun Inc's CEO's salary is $80,125 and their total compensation is $80,125):


Lisa Wang (Ceo)
  • Compensation: $80,125
  • Related: $0
  • Other: $0
Eric Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Mcginley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.almostfun.org

Where can I find the form 990 for Almost Fun Inc?

Almost Fun Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.almostfun.org

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

Mission Statement of Almost Fun Inc

Almost Fun Inc, a nonprofit organization, is committed to empowering low-income and BIPOC (Black, Indigenous, People of Color) K-12 students in their academic journey. They achieve this by providing free, culturally-responsive digital educational resources. On their website and mobile application, students can access high-quality SAT preparation materials and supplementary math lessons. These resources utilize familiar contexts and non-academic analogies, enabling students to effectively build their skills. By doing so, Almost Fun Inc is helping to bridge the educational gap for underprivileged students and ensuring that they have equal opportunities to succeed.

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Impact




July, 2024

Almost Fun Inc's impact lies in empowering low-income and BIPOC K-12 students through free, culturally-responsive, digital educational resources. In 2021, they launched 60 free supplementary math lessons on their website, which supported over 1.5 million students throughout 2022. The majority of these students, 65%, came from low-income communities, and 70% identified as students of color. This initiative based in Brooklyn, NY, provides high-quality SAT prep and math lessons using familiar contexts and non-academic analogies to help students build skills effectively. Almost Fun Inc's work is making a significant difference in bridging educational gaps and providing access to quality education for marginalized communities.




This information is meant to be a general summary of Almost Fun 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.

Revenue
$496,879 (2022)
Expenses
$548,064 (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: $300
  • Gross Receipts: $496,879

Assets and Liabilities:

  • Total Assets: $229,748
  • Total Liabilities: $52,777
  • Net Assets: $176,971

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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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Revenue

$300

Organization Details

Founding Year

2019

Principal Officer

Lisa Wang

Main Address

343 Gold Street Apt 2318, Brooklyn, NY, 11201

NTEE Category

Code: B28 - Education

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