Andrew Alati Foundation Inc

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

EIN: 843242724 ✦ East meadow, NY ✦ Designated as a 501(c)(3)

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Overview

What is Andrew Alati Foundation Inc?

The Andrew Alati Foundation Inc is a 501C nonprofit organization, headquartered at 83 Clearmeadow Drive, East Meadow, New York. Established with a mission to make charitable contributions, the foundation is dedicated to assisting families and individuals who have experienced unexpected, life-altering circumstances. The organization's primary objective is to provide aid, offering support in various forms during challenging times.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Andrew Alati Foundation Inc has received a low score indicating significant concerns regarding its operational transparency and financial practices. The score is primarily based on accountability and finance metrics, revealing a lack of essential governance policies, such as a conflict of interest policy, whistleblower policy, and document retention policy. These deficiencies have significantly impacted the charity's overall rating.

Despite having a fully independent board and no material diversion of assets, the foundation's program expense ratio is notably low at 34.59%, suggesting that only a small portion of expenditures is directed towards its mission-related programs. This raises questions about the efficiency and impact of the foundation's activities.

Moreover, the absence of a website link on the tax form and failure to post required documents on its site further detracts from its credibility. Overall, while the foundation has strengths in board independence, its lack of critical policies and low program spending indicate potential areas for improvement.


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

Is Andrew Alati Foundation Inc legitimate?

Andrew Alati Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andrew Alati 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: $34,728
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Andrew Alati Foundation Inc?

The Andrew Alati Foundation Inc, as a registered 501C not-for-profit organization, is committed to providing aid for families and individuals who have experienced unexpected, life-altering circumstances. The organization's mission is to enable charitable contributions to various entities, aiming to offer assistance and support during challenging times. The foundation does not specify the nature of these life-altering circumstances, but its focus is on alleviating the hardships faced by affected individuals and families.

Who is the CEO of Andrew Alati Foundation Inc?

Atillio Alati is the Director of Andrew Alati Foundation Inc.

What is the revenue of Andrew Alati Foundation Inc?

Andrew Alati Foundation Inc's revenue in 2023 was $51,264.

Who are the executives of Andrew Alati Foundation Inc and what are their salaries?

There 3 volunteers at Andrew Alati Foundation Inc.


Here are 3 key members and their salaries:


Atilio Alati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Alati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catia Alati (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Andrew Alati Foundation Inc?

Andrew Alati Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Andrew Alati Foundation Inc

The Andrew Alati Foundation Inc, as a registered 501C not-for-profit organization, is dedicated to offering aid to families and individuals who have been impacted by unexpected, life-altering circumstances. This mission is aimed at providing charitable contributions to various entities, thereby assisting those in need during challenging times. The organization's primary focus is on offering support to these individuals and families, enabling them to navigate through their hardships and rebuild their lives. By providing aid in times of distress, the Andrew Alati Foundation Inc seeks to make a positive impact on the lives of those it serves.

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Impact




August, 2024

The Andrew Alati Foundation Inc has made a significant impact by providing crucial aid to families and individuals facing unexpected, life-altering circumstances. Through its charitable contributions, the organization has positively impacted the lives of those in need, offering support and assistance during challenging times. Their focus on human services highlights their dedication to improving the well-being of individuals and families in the community.




This information is meant to be a general summary of Andrew Alati 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.

Revenue
$51,264 (2023)
Expenses
$40,233 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $51,264

Assets and Liabilities:

  • Total Assets: $51,057
  • Total Liabilities: $0
  • Net Assets: $51,057

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Organization Details

Founding Year

2019

Principal Officer

Atillio Alati

Main Address

83 CLEARMEADOW DRIVE, EAST MEADOW, NY, 11554

NTEE Category

Code: P12 - Human services

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