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Inatai Community Fund

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

EIN: 911246278 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Inatai Community Fund?

Inatai Community Fund, previously known as the Ghf Community Fund, is a 501(c)(3) nonprofit organization situated in Seattle, Washington. With a strong focus on racial justice and equity, their mission is to transform the power balance across Washington and beyond. They aim to achieve this by implementing programs and grants in tandem with Inatai Foundation, the sole corporate member of Inatai Community Fund. Their primary objective is to ensure equity and racial justice in various aspects of society.


Official website here: www.inatai.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)

The Inatai Community Fund has earned an 82% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived solely from the Accountability & Finance beacon, reflecting the organization’s commitment to transparency and responsible financial management. Notably, the charity boasts a fully independent board, which is a crucial strength in governance.

The organization demonstrates strong financial oversight, with no material diversion of assets reported and comprehensive policies in place, including conflict of interest and whistleblower protections. The Fund also posts its financial statements and board meeting minutes on its website, aligning with best practices in nonprofit transparency.

However, the program expense ratio stands at 55.42%, which may indicate room for improvement in how much of its funding is directed towards programmatic activities versus administrative costs. Additionally, the salaries of key personnel are relatively high, which could raise questions about the allocation of resources. Overall, while the organization shows strong governance and fiscal responsibility, it may need to focus on enhancing its programmatic expenditure.


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

Is Inatai Community Fund legitimate?

Inatai Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inatai Community Fund 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: $24,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,945

For more financial information, click here


Official website here: www.inatai.org

What is the mission statement of Inatai Community Fund?

The Inatai Community Fund, a 501(c)(3) nonprofit organization, is committed to transforming the balance of power to establish equity and racial justice not just within Washington, but beyond its borders as well. Their mission is centered around ensuring that equality and racial justice become a reality across various sectors. In 2022, the organization took time to reflect and explore how their programs and grants can work in harmony with the Inatai Foundation, the sole corporate member of Inatai Community Fund.


Official website here: www.inatai.org

Who is the CEO of Inatai Community Fund?

Nichole Maher is the President And Ceo of Inatai Community Fund. The CEO's salary of Inatai Community Fund is $0 and their total compensation is $822,735.


Official website here: www.inatai.org

What is the revenue of Inatai Community Fund?

Inatai Community Fund's revenue in 2022 was $1,518,288.


Official website here: www.inatai.org

Who are the executives of Inatai Community Fund and what are their salaries?


Here are 8 key members and their salaries (Inatai Community Fund's CEO's salary is $0 and their total compensation is $822,735):


Martha Choe (Chair (From 03/2022))
  • Compensation: $0
  • Related: $28,500
  • Other: $0
Luz Vega-Marquis (Treasurer)
  • Compensation: $0
  • Related: $28,500
  • Other: $0
Seth Kirby (Vice Chair)
  • Compensation: $0
  • Related: $28,500
  • Other: $0
Katherine Bell (Chair (Thru 03/2022))
  • Compensation: $0
  • Related: $28,500
  • Other: $0
Nichole Maher (President And Ceo)
  • Compensation: $0
  • Related: $763,584
  • Other: $59,151
Carmen Loh (Finance And Administration Director)
  • Compensation: $0
  • Related: $178,929
  • Other: $33,858
Cory Sbarbaro (Executive Vice President)
  • Compensation: $0
  • Related: $425,860
  • Other: $41,401
Willa Gubner (Accounting Manager)
  • Compensation: $0
  • Related: $143,955
  • Other: $29,001


Official website here: www.inatai.org

Where can I find the form 990 for Inatai Community Fund?

Inatai Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inatai.org

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

Mission Statement of Inatai Community Fund

Inatai Community Fund, a 501(c)(3) nonprofit organization, is committed to transforming the balance of power and ensuring equity and racial justice beyond Washington. Their mission is to actively work towards creating a more equitable society, where racial justice is upheld and valued. By reflecting on their programs and grants in 2022, Inatai Community Fund aims to align their efforts with those of Inatai Foundation, their sole corporate member, in a collaborative approach to achieving their mission.

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Impact




July, 2024

Inatai Community Fund's impact can be seen in its efforts to transform the balance of power to ensure equity and racial justice across Washington and beyond. Through its programs and grants, the organization works in parallel with Inatai Foundation to address systemic issues and promote positive change in society. By focusing on equity and racial justice, Inatai Community Fund plays a crucial role in creating a more inclusive and fair community for all individuals, particularly in the realm of health.




This information is meant to be a general summary of Inatai Community Fund. 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
$1,518,288 (2022)
Expenses
$310,726 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,498,923
  • Gross Receipts: $15,583,300

Assets and Liabilities:

  • Total Assets: $16,011,158
  • Total Liabilities: $665,176
  • Net Assets: $15,345,982

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Organization Details

Founding Year

1983

Principal Officer

Nichole Maher

Main Address

1301 5TH AVE 2600, SEATTLE, WA, 98101

NTEE Category

Code: E12 - Health

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