Overview
What is Ftc International Inc?
Ftc International Inc is a United States-based nonprofit organization, specifically located in Laredo, Texas. Their primary mission is to support Patronato Pro Niños, a charitable organization in San Miguel de Allende, Mexico, which provides medical and dental care to underprivileged children in the region. Ftc International Inc functions by raising funds in the U.S. and issuing appropriate tax receipts for donations, while collaborating with both private and governmental agencies to ensure that these children receive necessary assistance without any service duplication. They make their services known through local media, and educate teachers and school supervisors in the area about their initiatives. Ftc International Inc's volunteers identify and assist needy children in San Miguel and its surrounding villages, improving their lives with essential medical care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
Ftc International Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas requiring improvement. The charity's high program expense ratio of 95.30% suggests that a large portion of their funds is directed towards programs rather than administrative costs. Additionally, the organization has a fully independent board, which is a positive aspect for governance.
However, the nonprofit faces several challenges, particularly in accountability and transparency. The absence of financial statements and missing policies such as a conflict of interest policy, whistleblower policy, and document retention policy raise concerns about the organization's operational practices. These gaps hinder a comprehensive understanding of the organization's financial health and governance practices.
Overall, while Ftc International Inc shows commitment to program delivery through its financial allocations and governance structure, the lack of transparency and essential operational policies may impact trust and credibility with donors and stakeholders. Addressing these limitations could enhance the organization's effectiveness and reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ftc International Inc legitimate?
Ftc International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ftc International 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ftc International Inc?
Ftc International Inc supports a charitable organization named Patronato Pro Ninos, which provides medical and dental care to impoverished children in Mexico, including San Miguel de Allende and surrounding villages. Ftc International Inc serves as a fundraising platform in the United States, accepting donations and issuing appropriate 501(c)3 tax receipts. Their volunteers identify needy children and facilitate their access to medical care, collaborating with various agencies to ensure they receive assistance from all available sources without duplication. They promote their services through local media to inform families in need and make teachers and school supervisors aware of their offerings.
What is the revenue of Ftc International Inc?
Ftc International Inc's revenue in 2023 was $281,989.
Who are the executives of Ftc International Inc and what are their salaries?
There 6 volunteers at Ftc International Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Ftc International Inc?
Ftc International Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ftc International Inc
Ftc International Inc, a nonprofit organization, was established with the mission to support Patronato Pro Niños, a charitable organization based in San Miguel de Allende, Mexico. This Mexican-based charity exclusively focuses on providing medical and dental care to impoverished and needy children in San Miguel de Allende and numerous surrounding small villages. Ftc International Inc's role is to raise funds in the United States for Patronato Pro Niños de San Miguel de Allende, A.C., and issue appropriate 501(c)3 tax receipts for US donations.
The organization's volunteers identify underprivileged children in San Miguel de Allende and its nearby villages, then assist them in obtaining necessary medical care that can significantly improve their lives. Ftc International Inc collaborates with both private and government agencies to ensure these children receive assistance from various sources without duplication of services. Their efforts are publicized through local media, making families of children in need aware of their services. Additionally, they ensure that teachers and supervisors in local schools are knowledgeable about the services Ftc International Inc provides.
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Impact
July, 2024
FTC International Inc's impact is focused on supporting Patronato Pro Ninos, a charitable organization located in San Miguel de Allende, Mexico, that provides medical and dental care to poor and needy children in the region. The organization's volunteers actively seek out these underserved children in San Miguel and surrounding villages, helping them access critical medical care that can significantly improve their lives. By working closely with both private and government agencies, FTC International ensures that these children receive comprehensive assistance without duplication of services. Additionally, the organization raises awareness about its services through local media and collaborates with schools to ensure that teachers and supervisors are informed about the available support. Through its efforts, FTC International is making a direct and tangible impact on improving the health and well-being of disadvantaged children in San Miguel de Allende and its surrounding communities.
This information is meant to be a general summary of Ftc International 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 2023.
- Investment Income: $22,690
- Gross Receipts: $393,987
Assets and Liabilities:
- Total Assets: $677,683
- Total Liabilities: $0
- Net Assets: $677,683
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Organization Details
Founding Year
1970
Principal Officer
Pierre Bessez
NTEE Category
Code: Q33 - International
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