American Multi Ethnic Commission

Nonprofit profile at a glance

EIN
933072980
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Naperville, IL, USA
Phone
6308631462
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$63,761
Expenses
$57,949
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • VIJAY PRABHAKAR (PRESIDENT)
  • NAVEENCHANDRA KARNA (VICE PRESIDENT)

People named in this filing

  • VIJAY PRABHAKAR (PRESIDENT)
  • KATHERINE THORAT (SECRETARY)
  • NAVEENCHANDRA KARNA (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nbsp; american nbsp; multi-ethnic nbsp; commission nbsp;(amec) nbsp; is nbsp; a nbsp; non-profit nbsp; bipartisan nbsp; grassroots nbsp; community nbsp; organization nbsp; committed nbsp; to nbsp; empowering nbsp; and nbsp; uplifting nbsp; multi-ethnic nbsp; communities nbsp; across nbsp; the nbsp; united nbsp; states nbsp; amec nbsp; conducts nbsp; events nbsp; workshops nbsp; programs nbsp; and nbsp; engages nbsp; in nbsp; training nbsp; educational nbsp; and nbsp; service nbsp; activities nbsp; focussed nbsp; on nbsp; ethnic nbsp; minority nbsp; communities nbsp; through nbsp; a nbsp; wide nbsp; range nbsp; of nbsp; initiatives nbsp; amec nbsp; strives nbsp; to: nbsp;- nbsp; advance nbsp; social nbsp; justice nbsp; and nbsp; inclusivity nbsp; for nbsp; all nbsp; ethnic nbsp; minorities nbsp;- nbsp; foster nbsp; educational nbsp; excellence nbsp; and nbsp; access nbsp; to nbsp; quality nbsp; resources nbsp;- nbsp; preserve nbsp; and nbsp; celebrate nbsp; cultural nbsp; heritage nbsp; through nbsp; outreach nbsp; and nbsp; public nbsp; engagement nbsp;-

What it reported doing in 2024

The american multi-ethnic commission (amec) is a non-profit bipartisan grassroots community organization committed to empowering and uplifting multi-ethnic communities across the united states. Amec conducts events workshops programs and engages in training educational and service activities focussed on ethnic minority communities. Through a wide range of initiatives amec strives to - advance social justice and inclusivity for all ethnic minorities. - foster educational excellence and access to quality resources. - preserve and celebrate cultural heritage through outreach and public engagement. - stimulate economic empowerment by supporting entrepreneurship and job creation. - promote health and well-being ensuring equitable access to healthcare. - inspire the next generation of leaders through youth-focused programs and mentorship.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Accountability: 88
  • Sustainability: 38
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.1%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $58K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.