Overview
What is Seventh Generation Initiative?
The Seventh Generation Initiative is a nonprofit organization situated in Jacksonville, Florida. Their primary mission is to disseminate Christian values, knowledge, and conduct through evangelism and education. They achieve this objective by establishing new churches, preschools, and Family Development Centers to cater to the needs of children and families in various communities. With a team of 15 dedicated individuals, this organization aims to contribute positively to multiple communities by fostering spiritual growth and development.
Official website here: www.sginetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor (Score: 47%, Zero-Star out of Four Star rating)
The Seventh Generation Initiative has received a very poor rating from Charity Navigator, reflecting significant concerns regarding its financial transparency and accountability. While the organization excels in areas such as having a fully independent board and a solid program expense ratio, it struggles with other critical governance and financial metrics. The organization earned a perfect score for accountability and finance, but its overall score reflects serious deficits in areas like financial statements, conflict of interest policies, and document retention.
Users and donors may appreciate the strong program expense ratio that indicates effective allocation of funds towards its mission. However, the lack of transparency in financial reporting and the absence of key governance policies raise flags for potential supporters. Many aspects of the organization's operations appear underdeveloped or lacking in standard practices, which could undermine trust among stakeholders.
In summary, while Seventh Generation Initiative shows competence in certain areas, the significant flaws in its financial and governance practices present limitations that could affect donor confidence and organizational sustainability. Prospective donors should weigh these factors carefully when considering support for this nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Seventh Generation Initiative legitimate?
Seventh Generation Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seventh Generation Initiative 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: $335,263
For more financial information, click here
Official website here: www.sginetwork.org
What is the mission statement of Seventh Generation Initiative?
The Seventh Generation Initiative's mission is centered around imparting Christian values and beliefs to children and families through various means. This is achieved primarily through evangelism and education, with a focus on establishing new churches, preschools, and family development centers in multiple communities. The aim is to serve and support these communities, fostering a consistent understanding of the Christian faith.
Official website here: www.sginetwork.org
Who is the CEO of Seventh Generation Initiative?
Michael Soud is the Board Member of Seventh Generation Initiative.
Official website here: www.sginetwork.org
What is the revenue of Seventh Generation Initiative?
Seventh Generation Initiative's revenue in 2021 was $689,163.
Official website here: www.sginetwork.org
Who are the executives of Seventh Generation Initiative and what are their salaries?
The average compensation at Seventh Generation Initiative during 2021 was $22,351. There are 15 employees at Seventh Generation Initiative.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sginetwork.org
Where can I find the form 990 for Seventh Generation Initiative?
Seventh Generation Initiative's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.sginetwork.org
Learn more at the official website: www.sginetwork.org
Mission Statement of Seventh Generation Initiative
The Seventh Generation Initiative is committed to spreading knowledge, values, and behaviors in line with the Christian faith. They achieve this mission through a multifaceted approach that involves evangelism and education. One of their key strategies is establishing new churches, preschools, and family development centers in various communities. These centers serve as hubs for children and families, providing them with opportunities to learn and grow in a faith-based environment. The Seventh Generation Initiative's ultimate goal is to serve multiple communities by imparting the teachings of Christianity and fostering positive behaviors and values.
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Impact
July, 2024
Seventh Generation Initiative has made a significant impact by establishing new churches, preschools, and family development centers to impart knowledge, values, and behaviors consistent with the Christian faith through evangelism and education. They serve children and families in multiple communities, promoting the values and teachings of the Christian faith. Through their activities, they have been able to reach out to many individuals and families, providing them with educational and spiritual support.
This information is meant to be a general summary of Seventh Generation Initiative. 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 2021.
- Investment Income: $7
- Program Service Revenue: $614,141
- Gross Receipts: $689,163
Assets and Liabilities:
- Total Assets: $398,981
- Total Liabilities: $849,445
- Net Assets: -$450,464
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRESCHOOL TUITION & SERVICE
Revenue
$612,241
COMMERICAL RENT
Revenue
$1,900
Organization Details
Founding Year
2008
Principal Officer
Michael Soud
Main Address
PO BOX 441236, JACKSONVILLE, FL, 32222
Website
www.sginetwork.orgNTEE Category
Code: X83 - Religion related
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