Choices International Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263126544 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Choices International Inc?

Choices International Inc is a nonprofit organization based in Charlotte, North Carolina, specifically at 800 N College Street, 28206. Its primary mission is to collect electronically paid funds derived from the internet sale of lunch boxes through the Hindu Center's website. The collected funds, after covering the expenses of the collection process, are forwarded to the Hindu Center of Charlotte, a 501(c)3 organization. The nonprofit's role essentially acts as a facilitator to support the Hindu Center, contributing to its financial needs.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (59%)

Choices International Inc has received a One-Star rating from Charity Navigator, with an overall score of 59%. This rating indicates significant concerns regarding the organization's accountability and financial health. The lack of independent board members, scoring 0% in this area, raises questions about governance and oversight, which are critical for ensuring that the nonprofit operates effectively and transparently.

Despite the governance issues, the organization has demonstrated a strong commitment to its programs, with a program expense ratio of 100%. This means that all its expenses are directed towards its programs, highlighting a focus on its mission. Additionally, Choices International Inc has policies in place for conflict of interest, whistleblower protection, and document retention, which are positive aspects of its operational framework.

However, the nonprofit faces serious challenges in financial management, as indicated by its liabilities to assets ratio of 1082.74%. This alarming figure suggests that the organization may have significant financial burdens that could impact its ability to sustain operations. Furthermore, the absence of its website on tax forms casts doubt on its transparency and accessibility to potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Choices International Inc legitimate?

Choices International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Choices International 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

What is the mission statement of Choices International Inc?

Choices International Inc's primary role is to collect electronically paid funds generated from the sale of lunch boxes through the Hindu Center's website. The collected funds cover the expenses associated with the collection process, and the net revenue is then forwarded to the Hindu Center of Charlotte, a recognized 501(c)3 organization. In essence, Choices International Inc serves as an intermediary to facilitate the financial transactions between the Hindu Center and its online customers, supporting the Hindu Center's operations in turn.

Who is the CEO of Choices International Inc?

Chidaabha Vyas is the President of Choices International Inc.

What is the revenue of Choices International Inc?

Choices International Inc's revenue in 2022 was $0.

Who are the executives of Choices International Inc and what are their salaries?

There 4 volunteers at Choices International Inc.


Here are 4 key members and their salaries:


Manu Moolchandani (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sudeep Vyas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chidaabha Vyas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suresh Vyas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Choices International Inc?

Choices International Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Choices International Inc

Choices International Inc is an organization with a mission to collect electronically paid funds resulting from the internet sale of lunch boxes through the Hindu Center's website. Its primary goal is to cover the expenses associated with the collection process and then forward the net revenue to the Hindu Center of Charlotte, which is a 501C3 nonprofit organization. This partnership between Choices International Inc and the Hindu Center allows for the efficient management of funds generated from the sale of lunch boxes, ultimately benefiting the Hindu Center. The mission of Choices International Inc serves to facilitate this financial transaction, ensuring that the Hindu Center receives the necessary funds to continue its operations.

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Impact




October, 2024

Choices International Inc facilitates the collection of electronically paid funds generated from the online sale of lunch boxes through the Hindu Center's website in Charlotte, NC. By managing these transactions, the organization plays a crucial role in supporting the Hindu Center and its initiatives, ensuring that expenses related to the collection process are effectively handled. The net revenue collected from these sales is subsequently forwarded to the Hindu Center, thereby contributing to its operational sustainability and philanthropic activities. Through this initiative, Choices International Inc helps enhance community engagement and supports the functioning of cultural and community services provided by the Hindu Center.




This information is meant to be a general summary of Choices International 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.

Revenue
$0 (2022)
Expenses
$1,485 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $255
    • Total Liabilities: $2,761
    • Net Assets: -$2,506

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    Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LUNCH BOX SALES

    Organization Details

    Founding Year

    2008

    Principal Officer

    Chidaabha Vyas

    Main Address

    800 N COLLEGE STREET, CHARLOTTE, NC, 28206

    NTEE Category

    Code: T12 - Philanthropy

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