Overview
What is The Dad Initiative?
The Dad Initiative is a nonprofit organization situated in Cincinnati, Ohio, specifically at 260 Northland Blvd Ste 117. Their primary objective is to prepare children, particularly those of color, for a prosperous future. They achieve this goal by engaging with students, families, and their communities through impactful programs, interactions, and experiences. One of their notable activities involves purchasing a property and facilitating a program for young adults, enabling them to acquire various construction skills while reconstructing the property for resale. The Dad Initiative's initiatives not only empower the youth but also contribute to community development.
Official website here: www.dadinitiative.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Dad Initiative has received a low rating of 53% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scores particularly poorly on governance, with no independent board members and several missing policies, such as conflict of interest and whistleblower protections. These shortcomings can signal a lack of oversight and transparency, which are crucial for donor trust and effective operations.
Despite these governance issues, The Dad Initiative demonstrates a strong commitment to its mission with a high program expense ratio of 96.80%, reflecting that the vast majority of its expenses are directed towards its programs. This is a positive indicator of the organization’s focus on its core activities and the direct impact it aims to have on the community it serves.
However, the absence of essential policies and documentation, including board meeting minutes and a posted tax form on its website, raises concerns about the organization's overall accountability. Potential donors and stakeholders may want to consider these factors when evaluating their support for The Dad Initiative.
This AI summary has been generated from information found on Charity Navigator.
Is The Dad Initiative legitimate?
The Dad Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dad Initiative 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: $60,000
Professional Fundraising Fees: $14,734
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dadinitiative.com/
What is the mission statement of The Dad Initiative?
The mission of The Dad Initiative is centered around preparing children, particularly those of color, for a prosperous future. They accomplish this by engaging students, families, and their communities through high-quality programs, interactions, and experiences. The organization's approach involves utilizing various activities to equip young individuals with valuable skills, as demonstrated by their initiative to purchase a property and involve young adults in its reconstruction, thereby honing their construction abilities.
Official website here: www.dadinitiative.com/
Who is the CEO of The Dad Initiative?
Tyran Stallings is the Executive Director of The Dad Initiative.
Official website here: www.dadinitiative.com/
What is the revenue of The Dad Initiative?
The Dad Initiative's revenue in 2022 was $466,908.
Official website here: www.dadinitiative.com/
Who are the executives of The Dad Initiative and what are their salaries?
There is 1 key member and their salary:
- Compensation: $60,000
- Related: $0
- Other: $0
Official website here: www.dadinitiative.com/
Where can I find the form 990 for The Dad Initiative?
The Dad Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dadinitiative.com/
Learn more at the official website: www.dadinitiative.com/
Mission Statement of The Dad Initiative
The Dad Initiative, a nonprofit organization, is committed to preparing children, especially those of color, for a prosperous future. To achieve this mission, they engage students, families, and communities in high-quality programs, interactions, and experiences. By doing so, they aim to equip these children with the necessary skills and knowledge to thrive in life.
One of the ways The Dad Initiative carries out its mission is by providing opportunities for young adults. For instance, they purchased a property and established a program where these individuals could gain practical skills in various construction fields. Through this hands-on experience, they not only contribute to the reconstruction of the property but also acquire valuable vocational abilities that could lead to future employment opportunities. This approach, therefore, serves as an effective means of preparing these young individuals for a successful future.
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Impact
July, 2024
The Dad Initiative's impact can be seen in the positive transformation of young adults who participate in their program. By providing opportunities for hands-on experience in various construction skills, they are equipping these individuals with valuable practical knowledge. This experience not only benefits the participants individually but also contributes to the community by preparing them for successful futures. This initiative's focus on engaging students, families, and communities underscores its commitment to creating a lasting impact on those it serves.
This information is meant to be a general summary of The Dad Initiative. 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: $254,550
- Gross Receipts: $466,908
Assets and Liabilities:
- Total Assets: $482,338
- Total Liabilities: $0
- Net Assets: $482,338
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Renovation Property
Revenue
$254,550
Organization Details
Founding Year
2016
Phone
(513) 850-4534Principal Officer
Tyran Stallings
Main Address
260 Northland Blvd Ste 117, Cincinnati, OH, 45246
Website
www.dadinitiative.com/NTEE Category
Code: P20 - Human services
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