Overview
What is Jewelers For Children?
Jewelers For Children is a nonprofit organization, primarily comprised of jewelry industry professionals such as manufacturers, wholesalers, and retailers. Established with a mission to raise funds, they host an annual dinner dance event. The collected funds are then granted and contributed to various other 501(C)(3) exempt organizations. These recipient organizations utilize these funds to carry out their charitable functions effectively. Based in New York City, they have a small workforce of two dedicated individuals. Their primary objective is to support charitable causes and enable these organizations to fulfil their charitable missions more efficiently.
Official website here: www.jewelersforchildren.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating on Charity Navigator
Jewelers For Children has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in various operational areas. The charity's overall score is based on an 83% Accountability & Finance score and a remarkable 97% Culture & Community score. This indicates a solid foundation of financial health and a commitment to fostering a positive organizational culture.
Strengths highlighted include a completely independent board, robust financial practices, and outstanding ratings in constituent feedback and engagement strategies. The organization excels in areas such as program expense ratio, reflecting a high percentage of funds directed towards its mission. Additionally, it adheres to best practices in governance with policies addressing conflicts of interest, whistleblowing, and document retention.
However, there are some limitations noted in the liabilities to assets ratio, which stands at 61.81%. While this is a point of consideration, the overall positive ratings, particularly in program expenses and community engagement, suggest that Jewelers For Children effectively manages its resources to continue serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Jewelers For Children legitimate?
Jewelers For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewelers For Children 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
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Other Salaries and Wages: $289,165
For more financial information, click here
Official website here: www.jewelersforchildren.org
What is the mission statement of Jewelers For Children?
Jewelers For Children, an organization composed of manufacturers, wholesalers, and retailers in the jewelry industry, was established with a mission to raise funds through an annual dinner dance. The primary objective of this event is to support various charitable organizations. The organization channels these funds by providing grants and contributions to other 501(C)(3) exempt organizations, enabling them to effectively carry out their charitable functions. By doing so, Jewelers For Children plays a significant role in contributing to the well-being and betterment of numerous communities and individuals in need.
Official website here: www.jewelersforchildren.org
Who is the CEO of Jewelers For Children?
Jeffrey Cohen is the Chairman of Jewelers For Children.
Official website here: www.jewelersforchildren.org
What is the revenue of Jewelers For Children?
Jewelers For Children's revenue in 2023 was $1,505,945.
Official website here: www.jewelersforchildren.org
Who are the executives of Jewelers For Children and what are their salaries?
The average compensation at Jewelers For Children during 2023 was $144,582. There are 2 employees at Jewelers For Children.
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Official website here: www.jewelersforchildren.org
Where can I find the form 990 for Jewelers For Children?
Jewelers For Children's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jewelersforchildren.org
Learn more at the official website: www.jewelersforchildren.org
Mission Statement of Jewelers For Children
Jewelers For Children, formed by manufacturers, wholesalers, and retailers in the jewelry industry, was established with a mission to raise funds through an annual dinner dance. This philanthropic organization's primary objective is to benefit other charitable organizations. By providing grants and contributions, Jewelers For Children enables these 501(C)(3) exempt organizations to effectively carry out their charitable functions, thus making a significant impact in their respective fields.
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Impact
October, 2024
Jewelers For Children plays a vital role in supporting charitable initiatives, channeling funds raised through its annual dinner dance to assist other organizations dedicated to various causes. By providing grants and contributions to 501(c)(3) exempt organizations, it empowers these groups to effectively carry out their missions and make a meaningful difference in the community. Through the collective efforts of manufacturers, wholesalers, and retailers in the jewelry industry, Jewelers For Children not only fosters a spirit of philanthropy but also amplifies the impact of charitable work, particularly in areas that benefit children and families in need. Its commitment to giving back enriches the lives of countless individuals and strengthens the fabric of society.
This information is meant to be a general summary of Jewelers For Children. 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 2023.
- Investment Income: $15,967
- Gross Receipts: $1,959,842
Assets and Liabilities:
- Total Assets: $1,577,329
- Total Liabilities: $975,000
- Net Assets: $602,329
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Organization Details
Founding Year
1993
Phone
(212) 687-2949Principal Officer
Jeffrey Cohen
Main Address
120 BROADWAY 2820, NEW YORK, NY, 10271
Website
www.jewelersforchildren.orgNTEE Category
Code: T20Z - Philanthropy
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