Overview
What is Welfare Pride Inc?
Welfare Pride Inc, situated in Philadelphia, Pennsylvania, is a dedicated nonprofit organization. Their primary mission is to offer job training, placement, education, and outreach services within their community. Through these initiatives, they aim to empower individuals, providing them with the necessary skills and resources to secure employment and improve their overall well-being. The organization's activities are centered around this mission, striving to make a positive impact on the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Welfare Pride Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low score of 56%, with notable issues such as a lack of independent board members and missing financial statements. While it has reported a favorable liabilities to assets ratio and a high program expense ratio, these strengths are overshadowed by the absence of critical governance policies, including a whistleblower policy and document retention protocols.
The organization's governance structure raises red flags, particularly the lack of independent board members, which can lead to potential conflicts of interest and a lack of oversight. Although it has documented board meeting minutes, the absence of a conflict of interest policy and other financial documentation on its website detracts from its transparency. The failure to provide essential financial information can hinder potential donors' ability to assess the organization’s financial health and operational integrity.
Overall, while Welfare Pride Inc demonstrates a commitment to program expenditures, its governance and financial transparency issues warrant caution for donors and stakeholders. Improvements in these areas would be necessary to enhance trust and credibility within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Welfare Pride Inc legitimate?
Welfare Pride Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Welfare Pride 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: $467,688
For more financial information, click here
What is the mission statement of Welfare Pride Inc?
Welfare Pride Inc's mission is centered around providing various services to the community. Their primary focus is on job training, placing individuals in suitable jobs, offering educational programs, and engaging in community outreach activities. The organization aims to equip individuals with the necessary skills and opportunities to enhance their employment prospects and improve their overall well-being. Through its initiatives, Welfare Pride Inc seeks to contribute positively to the community, fostering personal growth and development.
Who is the CEO of Welfare Pride Inc?
Marilyn Ortiz is the Vice President of Welfare Pride Inc. The CEO's salary of Welfare Pride Inc is $0 and their total compensation is $0.
What is the revenue of Welfare Pride Inc?
Welfare Pride Inc's revenue in 2022 was $709,216.
Who are the executives of Welfare Pride Inc and what are their salaries?
Here are 4 key members and their salaries (Welfare Pride Inc's CEO's salary is $0 and their total compensation is $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
Where can I find the form 990 for Welfare Pride Inc?
Welfare Pride Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Welfare Pride Inc
Welfare Pride Inc, as a nonprofit organization, is committed to providing vital services within the community. Its mission, in essence, is centered around job training, placement, education, and outreach. This mission translates into practical actions, where Welfare Pride Inc offers job training programs to equip individuals with necessary skills. Furthermore, the organization also facilitates job placements, connecting trained individuals with potential employers. Beyond employment, Welfare Pride Inc extends its reach into education, offering educational opportunities to further enhance the skills and knowledge of its clients. Lastly, their outreach services aim to extend their influence and support beyond their direct clients, reaching out to the broader community. In summary, Welfare Pride Inc is dedicated to empowering individuals through job training, placement, education, and community outreach.
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Impact
July, 2024
Welfare Pride Inc has a significant impact in Philadelphia by providing job training, placement, education, and outreach services in the community. Through their programs, individuals have been able to gain valuable skills, secure employment opportunities, and access educational resources. This has not only helped individuals improve their own lives but has also contributed to the overall economic development and well-being of the community.
This information is meant to be a general summary of Welfare Pride 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.
- Gross Receipts: $709,216
Assets and Liabilities:
- Total Assets: $214,779
- Total Liabilities: $0
- Net Assets: $214,779
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Organization Details
Founding Year
1973
Principal Officer
Marilyn Ortiz
Main Address
1231 N FRANKLIN STREET, PHILADELPHIA, PA, 19122
NTEE Category
Code: J20 - Employment
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