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Babson Global Inc

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

EIN: 271642647 ✦ Babson park, MA ✦ Designated as a 501(c)(3)

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Overview

What is Babson Global Inc?

Babson Global Inc, a subsidiary of Babson College, is a nonprofit organization that primarily collaborates with educational institutions worldwide, with a focus on regions experiencing high youth unemployment rates. Their mission is to contribute to this sector, aiming to make a significant impact through their collaborative efforts. Although specific activities or mission details are not provided in the information, it is evident that Babson Global Inc is committed to supporting educational institutions globally.


Official website here: www.babsonglobal.org

Is Babson Global Inc legitimate?

Babson Global Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Babson Global 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


Official website here: www.babsonglobal.org

What is the mission statement of Babson Global Inc?

Babson Global Inc, a subsidiary of Babson College, primarily focuses its efforts on collaborating with educational institutions globally, with a special emphasis on regions experiencing high levels of youth unemployment. Its mission, not explicitly stated in the provided information, is implied to be centered around fostering educational growth and employment opportunities for youth in these regions. While the organization's official mission statement is not provided, its primary activity of working with institutions in high-unemployment areas suggests a commitment to boosting educational attainment and job prospects for young people worldwide.


Official website here: www.babsonglobal.org

Who is the CEO of Babson Global Inc?

David Abdow is the Director of Babson Global Inc. The CEO's salary of Babson Global Inc is $0 and their total compensation is $345,971.


Official website here: www.babsonglobal.org

What is the revenue of Babson Global Inc?

Babson Global Inc's revenue in 2022 was $4,783,182.


Official website here: www.babsonglobal.org

Who are the executives of Babson Global Inc and what are their salaries?


Here are 8 key members and their salaries (Babson Global Inc's CEO's salary is $0 and their total compensation is $345,971):


Andrew Corbett (Director)
  • Compensation: $0
  • Related: $384,161
  • Other: $66,638
Brigitte Muehlmann (Director)
  • Compensation: $0
  • Related: $235,478
  • Other: $27,725
Ronald G Weiner (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Winn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Rullo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Abdow (President, Ceo & Treasurer)
  • Compensation: $0
  • Related: $273,059
  • Other: $72,912
Matthew Mcintyre (Clerk)
  • Compensation: $0
  • Related: $168,904
  • Other: $58,145
Lulu Gustavsen (Treasurer (Until 12/21/21))
  • Compensation: $0
  • Related: $129,520
  • Other: $51,271


Official website here: www.babsonglobal.org

Where can I find the form 990 for Babson Global Inc?

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


Official website here: www.babsonglobal.org

Learn more at the official website: www.babsonglobal.org

Mission Statement of Babson Global Inc

Babson Global, a subsidiary of Babson College, is dedicated to making a significant impact in the educational sector, particularly in regions where youth unemployment is prevalent. Their primary focus is on collaborating with educational institutions worldwide. The mission of Babson Global is to contribute positively to these institutions, aiming to provide them with the necessary resources and support to reduce the high levels of youth unemployment in their respective regions. By working with these educational institutions, Babson Global strives to foster an environment of growth and development, ultimately contributing to a more prosperous future for the youth in these regions.

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Impact




October, 2024

Babson Global Inc has a significant impact on education worldwide, focusing particularly on regions with high youth unemployment. By collaborating with educational institutions, it enhances access to quality educational resources and entrepreneurial training. This focus on education is crucial in empowering young individuals, equipping them with the skills necessary to navigate the job market and create opportunities for themselves and their communities. Through its initiatives, Babson Global not only addresses immediate educational needs but also contributes to long-term economic development by fostering innovation and entrepreneurship among the youth.




This information is meant to be a general summary of Babson Global 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
$4,783,182 (2022)
Expenses
$2,564,456 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $446,419
  • Program Service Revenue: $4,336,763
  • Gross Receipts: $4,783,182

Assets and Liabilities:

  • Total Assets: $57,398,481
  • Total Liabilities: $3,994,194
  • Net Assets: $53,404,287

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Programs

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

SERVICE FEES

Revenue

$4,336,763

Organization Details

Founding Year

2010

Principal Officer

David Abdow

Main Address

231 FOREST STREET, BABSON PARK, MA, 024570310

NTEE Category

Code: B19 - Education

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