Overview
What is Pgei Of America Charitable Foundation Inc?
Pgei Of America Charitable Foundation Inc, located in Kenilworth, New Jersey, is a nonprofit organization that provides financial support to various organizations. Their mission is to aid individuals who are critically ill, including those battling cancer, as well as children in need of financial and other forms of assistance. Based in Edison, New Jersey, the Hackensack Meridian Health Foundation is one such organization that Pgei Of America Charitable Foundation Inc supports. This foundation's focus on the Greek community is not explicitly mentioned in the provided information, but it is implied in the statement about providing support to "organizations."
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Pgei Of America Charitable Foundation Inc has received a commendable rating of 80% from Charity Navigator, reflecting its strong performance in accountability and finance. The charity boasts a perfect score for having a wholly independent board, with 16 members, and has effectively demonstrated transparency by documenting board meeting minutes. Additionally, the foundation has shown no material diversion of assets, which underscores its commitment to ethical management.
The foundation excels in financial health, evidenced by a low liabilities to assets ratio of 4.05% and an impressive program expense ratio of 88.93%. This indicates that a significant portion of the funds raised is directed toward its charitable programs rather than administrative expenses, reinforcing its mission-driven focus. The organization also has a well-established conflict of interest policy in place.
While the charity has received high marks in essential areas, ongoing monitoring of its financial practices and program effectiveness will be essential for maintaining its positive trajectory. Overall, Pgei Of America Charitable Foundation Inc demonstrates a solid foundation of accountability and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Pgei Of America Charitable Foundation Inc legitimate?
Pgei Of America Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pgei Of America Charitable Foundation 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: $14,525
For more financial information, click here
What is the mission statement of Pgei Of America Charitable Foundation Inc?
The Pgei Of America Charitable Foundation Inc's mission is centered around providing financial aid to various organizations. These organizations primarily focus on providing care for individuals who are critically ill, including those battling cancer. Furthermore, the foundation extends its support to children in need of financial and other essential assistance.
What is the revenue of Pgei Of America Charitable Foundation Inc?
Pgei Of America Charitable Foundation Inc's revenue in 2023 was $215,223.
Who are the executives of Pgei Of America Charitable Foundation Inc and what are their salaries?
There 15 volunteers at Pgei Of America Charitable Foundation Inc.
Here are 16 key members and their salaries:
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- Compensation: $14,525
- Related: $140,192
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Where can I find the form 990 for Pgei Of America Charitable Foundation Inc?
Pgei Of America Charitable Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pgei Of America Charitable Foundation Inc
Pgei Of America Charitable Foundation Inc is committed to providing financial aid and support to various organizations. Their mission is focused on assisting individuals who are critically ill, including those battling cancer, as well as children in need of financial assistance. Additionally, the foundation extends its support to children who are facing various challenges and require assistance beyond financial means. By providing financial support to these organizations, Pgei Of America Charitable Foundation Inc aims to contribute to their ability to offer essential care and aid to those in need.
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Impact
October, 2024
Pgei Of America Charitable Foundation Inc significantly impacts individuals and families facing critical illness and financial hardship. By providing financial support to organizations that care for critically ill patients and cancer-stricken children, the foundation helps alleviate the burdens associated with medical expenses and essential care. It promotes the well-being of children in need by offering crucial financial assistance and resources, ensuring that they receive the support necessary to navigate their challenging circumstances.
By partnering with organizations like Hackensack Meridian Health Foundation, the foundation strengthens the community, particularly among the Greek population, fostering a spirit of philanthropy and support. This not only enhances the quality of care for affected individuals but also creates a network of assistance that uplifts vulnerable groups within society. The foundation's commitment to these causes reflects a profound understanding of the challenges faced by critically ill individuals and their families, making a notable difference in their lives.
This information is meant to be a general summary of Pgei Of America Charitable Foundation 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: $23,188
- Gross Receipts: $335,988
Assets and Liabilities:
- Total Assets: $746,490
- Total Liabilities: $30,312
- Net Assets: $716,178
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Organization Details
Founding Year
1987
Principal Officer
Alex Theodosiou
NTEE Category
Code: T70Z - Philanthropy
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