Overview
What is Fiscal Sponsorship Allies Inc?
Fiscal Sponsorship Allies Inc, a nonprofit organization based in Indianapolis, Indiana, serves as a fiscal sponsor for charitable initiatives. Their primary role is to manage donations and ensure their proper utilization for the project's intended purposes. The organization maintains control over the funds, granting them for project-related expenses, and requires regular reports to verify their expenditure. Fiscal Sponsorship Allies Inc exists with the mission to provide top-notch fiscal sponsorship services at affordable rates, supporting individuals engaged in charitable work for the greater community.
Official website here: www.fiscalsponsorshipallies.org
Is Fiscal Sponsorship Allies Inc legitimate?
Fiscal Sponsorship Allies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fiscal Sponsorship Allies 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: $0
For more financial information, click here
Official website here: www.fiscalsponsorshipallies.org
What is the mission statement of Fiscal Sponsorship Allies Inc?
Fiscal Sponsorship Allies Inc, as an organization, is dedicated to offering top-notch fiscal sponsorship services at reasonable costs to individuals engaged in charitable work for the larger community. Their primary mission is to facilitate these charitable activities by receiving donations intended for specific projects, retaining control over the funds, and allocating them for their intended purposes. Regular reports are required to confirm proper use of the funds. The organization's fiscal sponsorship program directly contributes to 100% of its program service revenue and expenses.
Official website here: www.fiscalsponsorshipallies.org
Who is the CEO of Fiscal Sponsorship Allies Inc?
Zachary Kester is the President of Fiscal Sponsorship Allies Inc.
Official website here: www.fiscalsponsorshipallies.org
What is the revenue of Fiscal Sponsorship Allies Inc?
Fiscal Sponsorship Allies Inc's revenue in 2022 was $5,269,206.
Official website here: www.fiscalsponsorshipallies.org
Who are the executives of Fiscal Sponsorship Allies Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $269,737
- Other: $10,700
- Compensation: $0
- Related: $131,295
- Other: $7,548
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $74,498
- Other: $5,300
Official website here: www.fiscalsponsorshipallies.org
Where can I find the form 990 for Fiscal Sponsorship Allies Inc?
Fiscal Sponsorship Allies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fiscalsponsorshipallies.org
Learn more at the official website: www.fiscalsponsorshipallies.org
Mission Statement of Fiscal Sponsorship Allies Inc
Fiscal Sponsorship Allies Inc, a nonprofit organization, exists with the primary mission of offering top-notch fiscal sponsorship services at reasonable costs to individuals and groups engaged in charitable work for the benefit of the larger community. By providing fiscal sponsorship, this organization serves as a financial intermediary, accepting donations on behalf of the projects, maintaining discretion and control over the funds, and allocating them for the project's intended purposes. Fiscal Sponsorship Allies Inc requires regular reports to ensure that the funds are being used appropriately. This service allows projects to focus on their charitable work, without the need to establish their own nonprofit organization. The organization's fiscal sponsorship program directly generates a significant portion of its program service revenue and expenses.
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Impact
October, 2024
Fiscal Sponsorship Allies Inc significantly enhances charitable efforts within the community by providing essential fiscal sponsorship services at affordable rates. Their model allows project leaders to access critical funding while ensuring that donations are managed responsibly and effectively.
By collecting donations for various charitable projects, they maintain discretion and control over the funds, ensuring that finances are allocated correctly for intended purposes. This rigorous oversight includes requiring regular reporting to verify that funds are utilized appropriately, promoting transparency and accountability.
The impact of Fiscal Sponsorship Allies extends beyond financial management; they empower individuals and groups engaged in community improvement initiatives. This support enables numerous projects to flourish, fostering a culture of philanthropy and community service that addresses diverse needs and challenges within Indianapolis and beyond. Their commitment to affordable fiscal sponsorship broadens access to resources, allowing more charitable work to contribute to the greater good. Overall, their work creates a robust framework that strengthens community ties and encourages innovative solutions to societal issues.
This information is meant to be a general summary of Fiscal Sponsorship Allies 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.
- Program Service Revenue: $169,976
- Gross Receipts: $5,269,206
Assets and Liabilities:
- Total Assets: $1,161,090
- Total Liabilities: $0
- Net Assets: $1,161,090
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SETUP AND OTHER SERVIC
Revenue
$169,976
Organization Details
Founding Year
2020
Phone
(463) 229-0229Principal Officer
Zachary Kester
Main Address
9100 PURDUE RD 115, INDIANAPOLIS, IN, 462681190
NTEE Category
Code: S11 - Community improvement
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