Overview
What is Nywici Foundation Inc?
Nywici Foundation Inc, located in McLean, Virginia, is a nonprofit organization primarily known for its annual Matrix Awards event. This educational program aims to support and inspire professional women in the communications field and aspiring individuals seeking to join the sector. Due to the COVID-19 pandemic, the in-person Matrix Awards event was not held during the 2021-2022 fiscal year, but a virtual event was conducted instead. The foundation's mission extends beyond this event, as it also sponsors programs and provides scholarships to promote and encourage research in the communications field. Its objective is to empower women in various communications disciplines, fostering their professional growth and encouraging them to achieve their full potential in the rapidly evolving world of communications.
Official website here: www.nywici.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Nywici Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance. The overall score is primarily based on the organization's strong governance structure, with 100% independent board members and effective management of conflict of interest policies. This transparency is essential for building trust with donors and ensuring that funds are utilized effectively.
Despite its strengths, there are areas of concern noted in the foundation's financial metrics. The organization has a liabilities to assets ratio of 129.37%, which may raise questions about its financial stability. Additionally, the absence of a whistleblower policy is a noted limitation, which could impact the foundation's internal oversight and accountability.
On a positive note, Nywici Foundation maintains a healthy program expense ratio of 70.73%, indicating that a significant portion of its resources is directed towards its mission-driven activities. Overall, while the foundation demonstrates solid governance practices, potential donors should consider the financial indicators when evaluating its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nywici Foundation Inc?
100% of 10 reviewers on Facebook recommend Nywici Foundation Inc. Here is a summary of their reviews:
The organization is praised for its advocacy around issues affecting women, particularly in the context of communications and domestic violence. Reviewers express a sense of urgency regarding the lack of domestic violence laws in many countries, highlighting the need for continued dialogue and action in this area. The emphasis on supporting women through their initiatives resonates well with those who are aware of the struggles women face globally.
Additionally, the reviews reflect a strong appreciation for the nonprofit's role in raising awareness and pushing for legislative changes that benefit women. The feedback indicates a high level of satisfaction with the foundation’s mission and its potential impact on society. Overall, the nonprofit appears to be fulfilling its purpose of empowering women and advocating for their rights exceptionally well.
This AI summary has been generated from reviews found on Facebook.
Is Nywici Foundation Inc legitimate?
Nywici Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nywici Foundation 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nywici.org/foundation
What is the mission statement of Nywici Foundation Inc?
The Nywici Foundation Inc's mission is centered around sponsoring programs and offering scholarships to encourage, support, and promote research and studies in the field of communications. Moreover, the foundation aims to empower women in various communications disciplines by fostering their professional growth and inspiring them to achieve success in the rapidly evolving communications industry. The organization conducts events such as the Annual Matrix Awards, which serves as an educational program for professional women in communications and those aspiring to join the field. Due to the COVID-19 pandemic, the in-person Awards event was not held during the fiscal year ending August 31, 2022. However, a virtual-only Matrix Awards event was organized in October 2021.
Official website here: www.nywici.org/foundation
Who is the CEO of Nywici Foundation Inc?
Dustee Jenkins is the President of Nywici Foundation Inc.
Official website here: www.nywici.org/foundation
What is the revenue of Nywici Foundation Inc?
Nywici Foundation Inc's revenue in 2022 was $627,912.
Official website here: www.nywici.org/foundation
Who are the executives of Nywici Foundation Inc and what are their salaries?
There 75 volunteers at Nywici Foundation Inc.
Here are 25 key members and their salaries:
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Official website here: www.nywici.org/foundation
Where can I find the form 990 for Nywici Foundation Inc?
Nywici Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nywici.org/foundation
Learn more at the official website: www.nywici.org/foundation
Mission Statement of Nywici Foundation Inc
Nywici Foundation Inc is dedicated to sponsoring programs and offering scholarships that encourage, promote, assist, and support research and study in the field of communications. Their mission is to empower women in various communications disciplines by fostering their professional growth and inspiring them to achieve their full potential in the rapidly evolving world of communications. The organization aims to provide a platform for both established professionals and aspiring women in this field to share their successes and learn from each other.
To accomplish this mission, Nywici Foundation Inc hosts events such as the annual Matrix Awards. This educational program is designed for women already working in communications and for those aspiring to enter the field. The foundation typically conducts an in-person Matrix Awards event, but due to the worldwide COVID-19 pandemic, they shifted to a virtual-only event in October 2021. Despite the challenges posed by the pandemic, Nywici Foundation Inc remained committed to its mission, ensuring that women in communications could still connect and learn from one another.
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Impact
July, 2024
Nywici Foundation Inc's impact is significant in promoting, encouraging, and supporting research and study in the field of communications. It empowers women in all communications disciplines to reach their full potential by promoting their professional growth and inspiring them to achieve and share their successes in the rapidly changing world of communications. Through programs and scholarships, such as the annual Matrix Awards event, the organization provides educational opportunities for current professional women in communications and those aspiring to enter the field. Despite challenges posed by the COVID-19 pandemic, Nywici Foundation Inc adapted and conducted a virtual Matrix Awards event in October 2021, showcasing its commitment to supporting women in communications.
This information is meant to be a general summary of Nywici Foundation 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.
- Investment Income: $2
- Program Service Revenue: $10,115
- Gross Receipts: $627,912
Assets and Liabilities:
- Total Assets: $182,452
- Total Liabilities: $188,539
- Net Assets: -$6,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MATRIX AWARDS EVENT
Revenue
$7,000
EDUCATION
Revenue
$3,115
Organization Details
Founding Year
2000
Phone
(212) 251-7255Principal Officer
Dustee Jenkins
Main Address
1660 INTERNATIONAL DRIVE SUITE 600, MCLEAN, VA, 22102
Website
www.nywici.org/foundationNTEE Category
Code: B82 - Education
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