Overview
What is Ngwa Cultural Organization Of North America Inc?
Ngwa Cultural Organization of North America Inc, situated in Bronx, New York, serves as a nonprofit entity that focuses on fostering a connection between individuals of Igbo descent in the United States. Their primary mission is to encourage the exchange of ideas, promote the learning of the Igbo language, and conduct research and study on the social and economic conditions of Nigerians residing in the U.S. They achieved this through a cultural event in 2022, showcasing African music, art, and clothing, providing a platform for cultural expression and unity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Ngwa Cultural Organization of North America Inc. has achieved a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. With an overall score of 82%, this rating emphasizes the organization's effective management and oversight, as evidenced by its perfect scores in areas such as board independence and the absence of material diversion of assets.
The organization boasts a high program expense ratio of 99.12%, indicating that nearly all of its expenditures are directed towards its programs rather than administrative costs. Additionally, it has implemented various policies such as conflict of interest, whistleblower, and document retention, which further demonstrate its dedication to ethical practices and accountability.
However, the organization scores lower on the liabilities to assets ratio, receiving no points in this area due to a 75.66% ratio. This suggests potential concerns regarding financial stability that may need to be addressed to enhance overall sustainability. Despite this, the organization's strong performance in other accountability metrics showcases its commitment to responsible governance.
This AI summary has been generated from information found on Charity Navigator.
Is Ngwa Cultural Organization Of North America Inc legitimate?
Ngwa Cultural Organization Of North America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ngwa Cultural Organization Of North America 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
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What is the mission statement of Ngwa Cultural Organization Of North America Inc?
The Ngwa Cultural Organization of North America Inc's mission is centered around promoting the exchange of ideas, teaching the Igbo language, fostering research, and fostering an understanding and study of the social and economic conditions of Nigerians residing in the United States. Their mission aims to promote intellectual exchange and cultural preservation within the community. They have also shown a commitment to this mission by organizing events, such as the cultural event held in 2022, which showcased African music, arts, and clothing.
Who is the CEO of Ngwa Cultural Organization Of North America Inc?
Mbonu Onwumelu is the President of Ngwa Cultural Organization Of North America Inc.
What is the revenue of Ngwa Cultural Organization Of North America Inc?
Ngwa Cultural Organization Of North America Inc's revenue in 2022 was $40,165.
Who are the executives of Ngwa Cultural Organization Of North America Inc and what are their salaries?
There 35 volunteers at Ngwa Cultural Organization Of North America Inc.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Ngwa Cultural Organization Of North America Inc?
Ngwa Cultural Organization Of North America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ngwa Cultural Organization Of North America Inc
The Ngwa Cultural Organization of North America Inc, as a nonprofit entity, is committed to fostering the exchange of ideas, promoting the teaching of the Igbo language, and encouraging research and understanding of the social and economic conditions of Nigerians residing in the United States. The organization's mission is to stimulate dialogue, facilitate language learning, and delve into the intricacies of the social and economic circumstances affecting this specific community. By undertaking such activities, the Ngwa Cultural Organization of North America Inc aims to foster a sense of unity, preserve cultural heritage, and contribute to the broader understanding of the experiences and challenges faced by Nigerians in the diaspora.
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Impact
August, 2024
Ngwa Cultural Organization Of North America Inc's impact includes promoting the exchange of ideas, teaching the Igbo language, fostering research, and understanding the social and economic conditions of Nigerians in the US. The organization held a cultural event in 2022, showcasing African cultural displays in music, arts, and clothing. This event helped celebrate and preserve the Ngwa cultural heritage while promoting unity and appreciation for African traditions.
This information is meant to be a general summary of Ngwa Cultural Organization Of North America 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: $66,886
Assets and Liabilities:
- Total Assets: $994,454
- Total Liabilities: $752,450
- Net Assets: $242,004
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Organization Details
Founding Year
2008
Principal Officer
Mbonu Onwumelu
Main Address
964 E 224TH STREET, BRONX, NY, 10466
NTEE Category
Code: A23 - Arts
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