Overview
What is Kids In Business Inc?
Kids In Business Inc is a nonprofit organization that is committed to imparting essential business skills to individuals. Their primary mission revolves around this educational aspect, aiming to empower individuals through their teachings. Though the information provided is limited, it is deduced that they likely offer these skills to a wider audience, potentially through workshops, seminars, or online resources. The organization's purpose is to equip individuals with the necessary business knowledge for personal growth or professional advancement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Score: 73%, Two-Star out of Four Star rating
Kids In Business Inc has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial management, there are several areas that require attention. The organization scored a perfect 100% in accountability and finance, showcasing robust governance practices such as having a majority of independent board members and a favorable liabilities to assets ratio.
However, the nonprofit has significant shortcomings, particularly regarding transparency and policy documentation. The absence of key documents like the tax form, conflict of interest policy, and whistleblower policy has contributed to its low rating. These missing elements suggest that while financial practices are solid, the organization needs to enhance its transparency and governance policies to foster trust and credibility among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kids In Business Inc legitimate?
Kids In Business Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids In Business 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: $1,853
For more financial information, click here
What is the mission statement of Kids In Business Inc?
Kids In Business Inc's mission is centered around educating individuals, likely children or young adults, in fundamental business skills. The organization aims to empower individuals with this knowledge, potentially enabling them to develop their entrepreneurial abilities and contribute positively to various business sectors. However, due to the limited information provided, the specific objectives or extent of their activities remain unclear.
Who is the CEO of Kids In Business Inc?
David Weiner is the President of Kids In Business Inc.
What is the revenue of Kids In Business Inc?
Kids In Business Inc's revenue in 2023 was $53,017.
Who are the executives of Kids In Business Inc and what are their salaries?
The average compensation at Kids In Business Inc during 2023 was $926. There are 2 employees and 15 volunteers at Kids In Business Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kids In Business Inc?
Kids In Business Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kids In Business Inc
Kids In Business Inc, as its name suggests, is dedicated to imparting fundamental business skills. Their mission is centered around this, striving to educate individuals in these essential aspects of entrepreneurship. By doing so, they aim to equip individuals with the necessary tools to navigate the business world effectively. This mission is a vital contribution to the community, fostering economic growth and self-sufficiency through the empowerment of individuals with business acumen.
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Impact
August, 2024
Kids In Business Inc's impact can be seen in the youth of BLOOMFIELD, NJ, where they are equipping children with essential business skills. By providing this hands-on learning experience, Kids In Business Inc is empowering the next generation of entrepreneurs and professionals to thrive in the business world. This initiative not only promotes financial literacy among young individuals but also fosters creativity, problem-solving, and leadership skills, setting them on a path towards a successful future.
This information is meant to be a general summary of Kids In Business 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.
- Gross Receipts: $53,017
Assets and Liabilities:
- Total Assets: $30,599
- Total Liabilities: $187
- Net Assets: $30,412
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Organization Details
Founding Year
1987
Phone
(862) 444-9148Principal Officer
David Weiner
Main Address
74 Beach Street, Bloomfield, NJ, 07003
NTEE Category
Code: O53Z - Youth development
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