Overview
What is Virgin Unite Usa Inc?
Virgin Unite USA Inc, located in New York City, New York, serves as a nonprofit organization dedicated to fostering entrepreneurial solutions for social and environmental concerns. They engage in various fundraising activities as part of their mission. The organization's primary focus is promoting innovative approaches to address pressing societal and environmental issues.
Official website here: www.virginunite.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Virgin Unite USA Inc has received a Three-Star rating from Charity Navigator, indicating a strong level of accountability and finance management. The organization excels in several key areas, with a 94.07% program expense ratio, ensuring that the majority of funds are directed towards its initiatives. The charity has demonstrated transparency and good governance practices, as highlighted by its perfect scores in various accountability metrics, including having a conflict of interest policy and a whistleblower policy in place.
User feedback reflects a positive perception of the organization, particularly regarding its impact on individual lives through entrepreneurial initiatives. One review details a personal story where Virgin Unite facilitated a local woman's entrepreneurial journey, showcasing the foundation's approach to empowering communities. This narrative emphasizes the organization's commitment to creating opportunities and highlights the meaningful connections established through their work.
However, while the financial health of Virgin Unite is commendable, some limitations regarding its financial sustainability were noted, specifically with a working capital ratio of 0.42 years, which suggests potential financial constraints in the long run. Nevertheless, the overall feedback underscores Virgin Unite's dedication to fostering entrepreneurial spirit and community development, making it a reputable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Virgin Unite Usa Inc legitimate?
Virgin Unite Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virgin Unite Usa 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
Official website here: www.virginunite.org
What is the mission statement of Virgin Unite Usa Inc?
Virgin Unite USA Inc. is committed to promoting entrepreneurial solutions to social and environmental issues. They administer various fundraising activities as part of their mission. This organization encourages innovative approaches to tackle pressing societal and environmental concerns, utilizing the power of entrepreneurship. Their activities are geared towards making a positive impact on various social and environmental issues.
Official website here: www.virginunite.org
Who is the CEO of Virgin Unite Usa Inc?
Katherine Hunt Morr is the Director of Virgin Unite Usa Inc.
Official website here: www.virginunite.org
What is the revenue of Virgin Unite Usa Inc?
Virgin Unite Usa Inc's revenue in 2022 was $4,383,907.
Official website here: www.virginunite.org
Who are the executives of Virgin Unite Usa Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.virginunite.org
Where can I find the form 990 for Virgin Unite Usa Inc?
Virgin Unite Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginunite.org
Learn more at the official website: www.virginunite.org
Mission Statement of Virgin Unite Usa Inc
Virgin Unite USA Inc is an organization dedicated to advancing entrepreneurial solutions to social and environmental issues. Their mission involves administering various fundraising activities as well. Essentially, this nonprofit promotes the use of innovative business strategies to tackle pressing societal and environmental concerns, while also managing numerous fundraising endeavors. By implementing these entrepreneurial approaches, Virgin Unite USA Inc strives to make a significant impact on a variety of issues, ultimately contributing to a more sustainable and equitable world.
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Impact
October, 2024
Virgin Unite USA Inc has a significant impact through its focus on promoting entrepreneurial approaches to address social and environmental issues. By advocating for innovative solutions, the organization empowers individuals and communities to develop sustainable practices that can lead to positive change.
In New York and beyond, Virgin Unite engages in diverse fundraising activities, which not only support their initiatives but also foster collaboration among various stakeholders, including entrepreneurs, businesses, and communities. This collaborative approach enhances the effectiveness of their programs and increases awareness around pressing social and environmental challenges.
Through its efforts, Virgin Unite encourages a culture of entrepreneurship that prioritizes social responsibility, ultimately driving systemic change and inspiring others to take action in their own communities. The organization's commitment to addressing complex problems through entrepreneurial thinking helps to create a more equitable and sustainable future.
This information is meant to be a general summary of Virgin Unite Usa 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: $2,880
- Gross Receipts: $4,383,907
Assets and Liabilities:
- Total Assets: $3,634,382
- Total Liabilities: $253,155
- Net Assets: $3,381,227
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Organization Details
Founding Year
2005
Phone
(212) 497-9086Principal Officer
Katherine Hunt Morr
Main Address
65 BLEECKER STREET, NEW YORK, NY, 10012
Website
www.virginunite.orgNTEE Category
Code: T30 - Philanthropy
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