Overview
What is World Strategic Forum Inc?
World Strategic Forum Inc is a nonprofit organization situated in North Palm Beach, Florida. Its primary focus is to foster a deeper comprehension of opportunities and challenges in the global market by organizing forums. The organization serves as a platform for business meetings across various sectors, aiming to drive economic development, particularly in the Americas. By providing a space for collaboration and information exchange, World Strategic Forum Inc aims to contribute to the global market's understanding and advancement.
Official website here: www.forum-americas.org/palmbeach
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
World Strategic Forum Inc has received a low overall score of 54%, reflecting significant concerns in accountability and financial transparency. While the organization has 100% independent board members and a small board size, it lacks essential financial documentation and policies, such as a conflict of interest policy and a whistleblower policy. These deficiencies have heavily impacted its accountability score.
Despite its strengths in governance, such as maintaining meeting minutes and listing its website on tax forms, the absence of financial statements raises questions about the organization's financial health and transparency. The organization shows a high liabilities to assets ratio of 97.41%, indicating potential financial instability, although it does boast a program expense ratio of 71.90%, which suggests that a substantial portion of its funds is directed toward its programs.
Overall, the nonprofit's score indicates that while it has some governance strengths, the lack of critical financial and operational policies and documentation could pose risks for accountability and trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is World Strategic Forum Inc legitimate?
World Strategic Forum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Strategic Forum 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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Official website here: www.forum-americas.org/palmbeach
What is the mission statement of World Strategic Forum Inc?
World Strategic Forum Inc is committed to fostering a better understanding of the opportunities and challenges in the global market. The organization serves as a platform for conducting business meetings across various sectors, aiming to drive economic development. By organizing forums, World Strategic Forum Inc provides a space where stakeholders can engage in discussions, share insights, and collaborate to advance their respective industries. The goal is to promote a more interconnected and prosperous global market.
Official website here: www.forum-americas.org/palmbeach
Who is the CEO of World Strategic Forum Inc?
Nicholas Remillard is the Director of World Strategic Forum Inc.
Official website here: www.forum-americas.org/palmbeach
What is the revenue of World Strategic Forum Inc?
World Strategic Forum Inc's revenue in 2022 was $571,678.
Official website here: www.forum-americas.org/palmbeach
Who are the executives of World Strategic Forum Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.forum-americas.org/palmbeach
Where can I find the form 990 for World Strategic Forum Inc?
World Strategic Forum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forum-americas.org/palmbeach
Learn more at the official website: www.forum-americas.org/palmbeach
Mission Statement of World Strategic Forum Inc
World Strategic Forum Inc is an organization that is dedicated to fostering a deeper comprehension of the opportunities and challenges that the Americas face in the global market. Their mission is to serve as a platform for business meetings, inviting a diverse range of sectors to participate. By doing so, they aim to contribute to economic development on a broader scale. The organization achieves this goal by organizing forums that encourage open dialogue and the exchange of ideas, ultimately promoting a collective understanding of the global market's intricacies. World Strategic Forum Inc's efforts are instrumental in facilitating connections and collaborations that can drive progress and innovation in various industries.
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Impact
July, 2024
World Strategic Forum Inc's impact lies in promoting a better understanding of the opportunities and challenges in the global market, specifically focusing on the Americas. By providing a platform for business meetings across various sectors, the organization plays a crucial role in advancing economic development. Through its forums, World Strategic Forum Inc facilitates discussions and collaborations that have the potential to positively impact economic growth and foster community improvement.
This information is meant to be a general summary of World Strategic Forum 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.
- Investment Income: $258
- Program Service Revenue: $4,683
- Gross Receipts: $571,678
Assets and Liabilities:
- Total Assets: $260,635
- Total Liabilities: $253,907
- Net Assets: $6,728
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS
Revenue
$4,683
Organization Details
Founding Year
2010
Phone
(561) 444-2984Principal Officer
Nicholas Remillard
Main Address
100 LAKE SHORE DRIVE 1255, NORTH PALM BEACH, FL, 33408
NTEE Category
Code: S30 - Community improvement
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