Overview
What is Networks Inc?
Networks Inc is a nonprofit organization, operating under Section 501(c)(3) of the Internal Revenue Code, dedicated to offering exceptional counseling, educational, training, and consulting services. Their mission is to extend these services to the entire community, believing that everyone, regardless of their background, should have access to such resources. Networks Inc's activities are primarily charitable, scientific, or educational in nature, and they are committed to providing top-tier services to the general public and organizations within the community.
Official website here: www.networksvt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Networks Inc has received an 83% rating from Charity Navigator, highlighting its strong performance in accountability and finance. The rating is based solely on a detailed analysis of its financial practices, reflecting the organization’s commitment to transparency and responsible management of resources.
The nonprofit has demonstrated excellent governance, with 66% of its board members being independent, which is crucial for impartial oversight. Additionally, it has scored perfectly in areas such as material diversion of assets and its liabilities to assets ratio, which indicates a solid financial standing. Program expense ratio is also impressive, indicating that a significant portion of its expenses is directed towards its programs.
However, there are areas for improvement, particularly concerning the absence of a whistleblower policy and a document retention and destruction policy. While these limitations do not overshadow its strengths, addressing them could enhance the organization’s overall accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Networks Inc legitimate?
Networks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Networks 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: $152,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,242
For more financial information, click here
Official website here: www.networksvt.org
What is the mission statement of Networks Inc?
Networks Inc, a charitable organization, is dedicated to offering top-tier counseling, educational, training, and consulting services to both the public and community organizations. They are passionate about ensuring these services are accessible to all segments of the community. Networks Inc operates with a mission to serve exclusively for charitable, scientific, or educational purposes, as defined by Section 501(c)(3) of the Internal Revenue Code. Their goal is to contribute positively to society by offering these crucial services.
Official website here: www.networksvt.org
Who is the CEO of Networks Inc?
Jason Frishman is the President of Networks Inc.
Official website here: www.networksvt.org
What is the revenue of Networks Inc?
Networks Inc's revenue in 2022 was $382,946.
Official website here: www.networksvt.org
Who are the executives of Networks Inc and what are their salaries?
The average compensation at Networks Inc during 2022 was $35,349. There are 9 employees at Networks Inc.
Here are 6 key members and their salaries:
- Compensation: $76,095
- Related: $0
- Other: $16,991
- Compensation: $48,730
- Related: $0
- Other: $11,087
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.networksvt.org
Where can I find the form 990 for Networks Inc?
Networks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.networksvt.org
Learn more at the official website: www.networksvt.org
Mission Statement of Networks Inc
Networks Inc, a charitable organization, is dedicated to offering top-tier counseling, educational, training, and consulting services to the community at large. The organization believes in making these services accessible to all segments of society. Networks Inc operates with a mission to serve exclusively for charitable, scientific, or educational purposes, as defined by Section 501(c)(3) of the Internal Revenue Code. In essence, their mission is to provide the best possible resources and support to the public and local organizations, fostering a more united and empowered community.
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Impact
June, 2024
Networks Inc's impact is significant in providing counseling, educational, training, and consulting services to the general public and organizations in the community. Their commitment to offering these services to all segments of the community demonstrates their dedication to charitable, scientific, and educational purposes. By focusing on mental health and operating as a nonprofit organization, Networks Inc plays a crucial role in supporting the well-being and development of individuals and the community as a whole.
This information is meant to be a general summary of Networks 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: $382,946
- Gross Receipts: $382,946
Assets and Liabilities:
- Total Assets: $6,700
- Total Liabilities: $0
- Net Assets: $6,700
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PSYCHOTHERAPY
Revenue
$382,946
Organization Details
Founding Year
1975
Phone
(802) 863-2495Principal Officer
Jason Frishman
Main Address
125 ST PAUL STREET SUITE 107, BURLINGTON, VT, 05401
Website
www.networksvt.orgNTEE Category
Code: F60 - Mental health
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