Overview
What is Princeton In Latin America?
Princeton In Latin America is a nonprofit organization based in Princeton, New Jersey, with a singular focus on supporting recent college graduates. They offer year-long service fellowships to match these individuals with organizations promoting socially responsible economic development in Latin America and the Caribbean. The fellowship program aims to enhance the capacities of these local nonprofits, enabling them to positively impact the communities they serve. The fellowships ultimately contribute to socially responsible socioeconomic development across the region.
Official website here: www.pila-princeton.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Princeton In Latin America has achieved a solid Three-Star rating from Charity Navigator, primarily reflecting its accountability and finance practices. The organization scored particularly well in areas such as having a fully independent board and a low liabilities-to-assets ratio, indicating good financial management and oversight. The program expense ratio is commendable at 81.75%, suggesting that a significant portion of its budget is directed towards its programs rather than administrative costs.
However, there are notable gaps in the organization's governance structure. Princeton In Latin America is missing several key policies, including a conflict of interest policy and whistleblower policy, which are critical for ensuring transparency and ethical standards. This lack of policies contributed to a lower overall score in the accountability & finance category, which is essential for building stakeholder trust.
Overall, while Princeton In Latin America demonstrates strong financial health and governance through its independent board and efficient use of funds, addressing the missing governance policies could enhance its accountability and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Princeton In Latin America legitimate?
Princeton In Latin America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton In Latin America 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: $45,010
For more financial information, click here
Official website here: www.pila-princeton.org
What is the mission statement of Princeton In Latin America?
Princeton In Latin America's mission is to facilitate year-long service fellowships for recent college graduates, placing them in organizations that advocate for socially responsible economic development across Latin America and the Caribbean. The primary goal is to support these local non-governmental organizations (NGOs) by enhancing their capacity to positively impact their communities. The fellows, through their service, contribute to the mission of these partner organizations, ultimately aiming to foster sustainable socioeconomic development in the regions they serve.
Official website here: www.pila-princeton.org
What is the revenue of Princeton In Latin America?
Princeton In Latin America's revenue in 2024 was $54,873.
Official website here: www.pila-princeton.org
Who are the executives of Princeton In Latin America and what are their salaries?
The average compensation at Princeton In Latin America during 2024 was $57,823. There 22 volunteers at Princeton In Latin America.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.pila-princeton.org
Where can I find the form 990 for Princeton In Latin America?
Princeton In Latin America's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pila-princeton.org
Learn more at the official website: www.pila-princeton.org
Mission Statement of Princeton In Latin America
Princeton in Latin America is an organization that plays a significant role in matching recent college graduates with year-long service fellowships. The mission of this nonprofit is to support organizations that promote socially responsible economic development across Latin America and the Caribbean. By placing these fellows within local NGOs, Princeton in Latin America helps to strengthen their capacity, enabling them to positively impact the communities they serve. The objective is to constructively contribute to the socioeconomic development in these regions. The fellows work tirelessly to support the missions of these partner organizations, thereby fostering sustainable growth and development in Latin America and the Caribbean.
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Impact
August, 2024
Princeton In Latin America facilitates impactful partnerships between recent college graduates and local organizations in Latin America and the Caribbean, focusing on socially responsible economic development. Through year-long service fellowships, the organization's fellows work closely with NGOs to enhance their ability to positively influence the communities they serve. This direct engagement not only supports the growth and effectiveness of these grassroots organizations but also fosters sustainable socio-economic development in the regions where they operate. By building the capacity of local partners, Princeton In Latin America contributes to lasting change and empowerment within these communities.
This information is meant to be a general summary of Princeton In Latin America. 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 2024.
- Investment Income: $3,409
- Program Service Revenue: $9,200
- Gross Receipts: $54,873
Assets and Liabilities:
- Total Assets: $263,692
- Total Liabilities: $51,457
- Net Assets: $212,235
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION FEES
Revenue
$9,200
Organization Details
Founding Year
1999
Principal Officer
David Wachtel
Website
www.pila-princeton.orgNTEE Category
Code: Q200 - International
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