Overview
What is Asset Network For Education Worldwide Inc?
Asset Network for Education Worldwide Inc (ANEW) is a charitable organization based in Clearwater, Florida. Their primary mission is to foster sustainable growth by connecting surplus items, such as furniture, equipment, architectural materials, and building assets, to communities and groups in need. By doing so, they serve charitable organizations, public agencies, and communities, thus reducing their capital expenditures and allowing them to allocate more funds to program services. ANEW achieves this by donating surplus items received from private and public companies, organizations, and government agencies to underprivileged, charitable non-profit organizations and public agencies. To ensure the sustainability of their practices, ANEW implements strategies like reuse, resale, repurposing, recycling, and energy recovery, thus diverting waste from landfills and promoting resource recovery. Moreover, they offer education, programs, and services, including reporting on social and environmental metrics, to enable donors to take social and environmental responsibility. Additionally, ANEW consults with exempt entities to help establish and teach sustainable practices and create policies and procedures to track and report the use of waste. Their work not only helps underprivileged communities but also supports the mission of the organizations they serve by extending their lifecycle and promoting the strategic application of sustainable practices.
Official website here: www.anewfound.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Asset Network For Education Worldwide Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial transparency. While the organization has a strong program expense ratio of 88.44%, which shows a significant portion of its funds are directed towards its mission, various weaknesses in financial reporting and governance have impacted its overall score.
The organization benefits from having a majority of independent board members, which is a positive aspect for governance. However, it lacks critical policies such as a whistleblower policy and a document retention and destruction policy, which are essential for maintaining transparency and accountability. Additionally, the absence of financial statements on its website raises concerns about its willingness to share important financial information with the public.
Despite these limitations, the organization does demonstrate a commitment to its mission, as evidenced by its program expense ratio. Improving its financial disclosures and implementing required governance policies could enhance its accountability and possibly lead to a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Asset Network For Education Worldwide Inc legitimate?
Asset Network For Education Worldwide Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asset Network For Education Worldwide 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: $12,463
For more financial information, click here
Official website here: www.anewfound.org
What is the mission statement of Asset Network For Education Worldwide Inc?
Asset Network for Education Worldwide Inc aims to foster growth and support by connecting surplus items to communities in need. The organization's mission revolves around serving charitable organizations, public agencies, and communities by providing surplus furniture, equipment, architectural materials, and building assets. This is achieved through strategic implementation of reuse, resale, repurposing, recycling, and net effect metrics.
The organization prioritizes environmental sustainability by serving those in need with useful obsolete or surplus items that are donated to them. They match surplus received from private and public companies and organizations, and government agency donors to donees with the support of others, through collection, dismantling, and redistribution services.
Asset Network for Education Worldwide Inc helps communities who have surplus items and those who need them by connecting each and repurposing surplus furniture, fixtures, equipment, and architectural materials. They provide liquidation alternatives for surplus materials, donating them to underserved, charitable non-profit organizations and public agencies. This helps to advance the mission of these organizations by reducing their capital expenditures for office furniture and interior improvements, thus increasing funds budgeted for program services.
Additionally, Asset Network for Education Worldwide Inc offers education, programs, and services, including reporting of social and environmental metrics, to enable its donors to take social and environmental responsibility through resource recovery, extending the life cycle of surplus, and diverting waste from landfill through the strategic application and implementation of sustainable practices including repurposing, reuse, resale, recycling, and recovery of energy-from-waste. They work with exempt entities to help establish and teach sustainable practices and create policies and procedures to track and report the use of waste.
Official website here: www.anewfound.org
Who is the CEO of Asset Network For Education Worldwide Inc?
Rose Tourje is the Founder/President of Asset Network For Education Worldwide Inc.
Official website here: www.anewfound.org
What is the revenue of Asset Network For Education Worldwide Inc?
Asset Network For Education Worldwide Inc's revenue in 2022 was $596,365.
Official website here: www.anewfound.org
Who are the executives of Asset Network For Education Worldwide Inc and what are their salaries?
The average compensation at Asset Network For Education Worldwide Inc during 2022 was $3,116. There are 4 employees and 9 volunteers at Asset Network For Education Worldwide Inc.
Here are 5 key members and their salaries:
- Compensation: $107,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.anewfound.org
Where can I find the form 990 for Asset Network For Education Worldwide Inc?
Asset Network For Education Worldwide Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.anewfound.org
Learn more at the official website: www.anewfound.org
Mission Statement of Asset Network For Education Worldwide Inc
Asset Network for Education Worldwide Inc is a nonprofit organization committed to promoting healthy growth by connecting surplus items to groups and communities in need. The primary mission of this organization is to support charitable organizations, public agencies, and communities by providing them with surplus furniture, equipment, architectural materials, and building assets.
To achieve this goal, Asset Network for Education Worldwide Inc implements strategic methods such as reuse, resale, repurposing, recycling, and net effect metrics. By collecting, dismantling, and redistributing surplus items, they connect communities who have surplus items with those who need them, thereby repurposing surplus furniture, fixtures, equipment, and architectural materials.
Moreover, Asset Network for Education Worldwide Inc donates surplus materials to underserved, charitable non-profit organizations and public agencies, helping to advance their missions by reducing their capital expenditures for office furniture and interior improvements. This, in turn, increases funds budgeted for program services.
The organization also provides education, programs, and services, including reporting of social and environmental metrics, to enable its donors to take social and environmental responsibility through resource recovery, extending the life cycle of surplus, and diverting waste from landfill through the strategic application and implementation of sustainable practices such as repurposing, reuse, resale, recycling, and recovery of energy-from-waste. Asset Network for Education Worldwide Inc works with exempt entities to help establish and teach sustainable practices and create policies and procedures to track and report the use of waste, ultimately helping these entities become self-sufficient in the future.
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Impact
July, 2024
Asset Network For Education Worldwide Inc's impact lies in its unique approach to environmental sustainability and community support. By connecting surplus items from private and public companies, organizations, and government agencies to charitable organizations, public agencies, and communities in need, ANEW is able to repurpose quality furniture, equipment, architectural materials, and building assets for the benefit of those in need across the United States. This not only reduces capital expenditures for these organizations related to office furniture and interior improvements but also increases funds available for their program services.
Furthermore, ANEW provides education, programs, and services to enable its donors to take social and environmental responsibility by promoting resource recovery, extending the life cycle of surplus items, and diverting waste from landfills through sustainable practices like repurposing, reuse, resale, recycling, and energy recovery. By working with exempt entities to establish and teach sustainable practices, create policies and procedures for waste tracking and reporting, and assisting in decommissioning buildings and warehouses, ANEW fosters a culture of self-sufficiency and long-term sustainability in the organizations it serves.
Overall, Asset Network For Education Worldwide Inc's impact is multi-faceted, benefiting both charitable organizations and public agencies in need of surplus items while championing environmental responsibility and sustainable practices in the process.
This information is meant to be a general summary of Asset Network For Education Worldwide 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.
- Program Service Revenue: $302,504
- Gross Receipts: $596,365
Assets and Liabilities:
- Total Assets: $28,867
- Total Liabilities: $16,687
- Net Assets: $12,180
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LABOR & PROJECT SERVIC
Revenue
$302,504
Organization Details
Founding Year
2005
Phone
(213) 943-4400Principal Officer
Rose Tourje
Main Address
510 N JEFFERSON AVE, CLEARWATER, FL, 337554724
Website
www.anewfound.orgNTEE Category
Code: C27 - Environment
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