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Moldova World Childrens Fund Inc

Moldova World Children'S Fund (Mwcf)

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

EIN: 141942074 ✦ Hendersonville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Moldova World Childrens Fund Inc?

Moldova World Children's Fund Inc, often referred to as MWCF, is a compassionate nonprofit organization located at 20 Beaumont Drive, Hendersonville, North Carolina. Their primary mission is to alleviate suffering and enhance the lives of children in Moldova, extending support to Ukrainian war refugees as well. MWCF undertakes various projects, such as acquiring, documenting, and transporting essential items like solar power stations, communication systems, and mobile shower and toilet facilities. Additionally, they provide vital resources like food, bedding, hygiene products, and clothing to a vast number of underprivileged individuals. As a charitable organization, MWCF renovates, equips, and supports educational institutions, medical facilities, and hospices in Moldova, while also assisting deserving children with their medical and educational needs. With a dedicated workforce of one individual, MWCF continues its mission to offer humanitarian aid and improve the lives of children in need.


Official website here: www.moldovawcf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

The Moldova World Children's Fund Inc has received a two-star rating from Charity Navigator, which indicates that while the organization demonstrates some accountability and financial health, there are areas for improvement. The charity excels in having a majority independent board and low liabilities to assets ratio, reflecting strong governance and a solid financial foundation. Notably, a high program expense ratio of 96.54% suggests that most of its expenditures directly support its mission-related activities.

However, the organization has significant weaknesses in its policies, as it lacks a whistleblower policy and a document retention and destruction policy. These missing components could raise concerns about transparency and risk management. Also, while the board meeting minutes are documented, the absence of certain policy frameworks may affect stakeholder confidence.

Overall, while Moldova World Children's Fund Inc showcases strengths in financial management and governance structure, it needs to address its policy gaps to enhance its accountability and improve its rating on Charity Navigator.


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

Is Moldova World Childrens Fund Inc legitimate?

Moldova World Childrens Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moldova World Childrens Fund 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.moldovawcf.org

What is the mission statement of Moldova World Childrens Fund Inc?

Moldova World Children's Fund Inc is a non-profit organization devoted to alleviating suffering and enhancing the lives of children in the Republic of Moldova. Their primary mission involves constructing, renovating, equipping, supplying, and supporting various institutions such as boarding schools, hospitals, schools, and hospices. The organization extends its aid to abandoned children, those in medical recovery, and those in need of medical or educational support. Additionally, Moldova World Children's Fund Inc provides humanitarian assistance to deserving children and offers humanitarian aid overall.


Official website here: www.moldovawcf.org

Who is the CEO of Moldova World Childrens Fund Inc?

Ray F West Jr is the President of Moldova World Childrens Fund Inc.


Official website here: www.moldovawcf.org

What is the revenue of Moldova World Childrens Fund Inc?

Moldova World Childrens Fund Inc's revenue in 2022 was $1,414,630.


Official website here: www.moldovawcf.org

Who are the executives of Moldova World Childrens Fund Inc and what are their salaries?

The average compensation at Moldova World Childrens Fund Inc during 2022 was $15,000. There is 1 employee and 34 volunteers at Moldova World Childrens Fund Inc.


Here are 16 key members and their salaries:


Ray F West Jr (President)
  • Compensation: $15,000
  • Related: $0
  • Other: $2,190
Albert S Gooch Jr (Chairman, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
John H Boyd Jr (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faith F Baker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Covell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desmond C Brooks (Vice President For Usa Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
John N Maxemchuk (Vice President For Moldova Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles P Brady (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor V Bubuioc (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asif J Chaudhry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie G Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Joyce Jolly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael D Kirby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen B Mackler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine F Marshall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Vogel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.moldovawcf.org

Where can I find the form 990 for Moldova World Childrens Fund Inc?

Moldova World Childrens Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.moldovawcf.org

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

Mission Statement of Moldova World Childrens Fund Inc

Moldova World Children's Fund Inc, as a non-profit organization, is committed to alleviating suffering and enhancing the lives of children in the Republic of Moldova. The primary objective of this charitable corporation is to offer aid and support to children residing in various facilities such as boarding schools, hospitals, and orphanages. MWCF plays an active role in renovating, equipping, and supplying these institutions to ensure they meet the necessary standards for the well-being of the children.

Beyond physical infrastructure, Moldova World Children's Fund Inc extends its help to children with medical and educational needs. The organization provides humanitarian aid to deserving children, ensuring they receive the necessary assistance to lead healthy, fulfilling lives. Furthermore, MWCF supports institutions like schools and hospices, contributing to the overall improvement of the lives of these children.

In summary, Moldova World Children's Fund Inc is a dedicated organization that strives to uplift the lives of children in Moldova. Through various initiatives, the non-profit corporation works to refurbish facilities, provide essential aid, and support children in need, thereby contributing to their overall well-being and development.

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Impact




October, 2024

Moldova World Childrens Fund Inc plays a crucial role in alleviating suffering and enhancing the quality of life for vulnerable populations, particularly children and war refugees in Moldova. By focusing on essential services, the organization aids hundreds of thousands of underserved individuals through various initiatives.

The acquisition, documentation, and distribution of vital resources such as solar power stations, satellite communication systems, food supplies—including baby formula—bedding, hygiene products, and clothing, significantly improve living conditions. Their efforts extend to fulfilling medical and educational needs, directly benefiting abandoned children, those recovering from health issues, and marginalized communities.

Moreover, the organization’s commitment to the renovation and support of boarding schools, orphanages, hospitals, and schools ensures that children have access to safe learning environments and necessary care. MWCF's holistic approach not only addresses immediate humanitarian needs but also lays the foundation for sustainable support and recovery for affected individuals and families in Moldova and among Ukrainian war refugees.




This information is meant to be a general summary of Moldova World Childrens Fund 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.

Revenue
$1,414,630 (2022)
Expenses
$1,471,047 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Gross Receipts: $1,414,630

Assets and Liabilities:

  • Total Assets: $73,632
  • Total Liabilities: $12,824
  • Net Assets: $60,808

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Organization Details

Founding Year

2006

Principal Officer

Ray F West Jr

Main Address

20 Beaumont Drive, Hendersonville, NC, 287397050

NTEE Category

Code: P30 - Human services

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