Overview
What is Global Reporting Initiative Usa Corp C/O Presti & Naegele?
Global Reporting Initiative USA Corp C/O Presti & Naegele is a nonprofit organization based in New York City, specifically at 225 West 35th Street 5th Floor. Their primary mission is to enhance stakeholder engagement on a national and regional level, benefiting around 110 individuals, including GRI Focal Point USA memberships. They aim to foster national, regional, and local ownership of the GRI reporting framework, a widely used sustainability reporting tool that helps companies demonstrate their economic, environmental, social, and governance performance and impacts responsibly. Despite some maintenance expenses, the program was mainly inactive during the 2023 fiscal year.
Official website here: www.globalreporting.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning a Two-Star out of Four Star rating
The Global Reporting Initiative USA Corp has received a Two-Star rating from Charity Navigator, indicating concerns in accountability and finance, with an overall score of 61%. The organization demonstrates strengths in having a majority of independent board members and maintaining proper documentation of board meeting minutes. Additionally, they reported a strong program expense ratio, reflecting effective allocation of resources towards their mission.
However, several areas of concern have impacted their rating significantly. The organization lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received low scores. Furthermore, while they have provided transparency in some aspects, their tax form is not posted on their website, and they have a poor liabilities to assets ratio, raising concerns about financial stability.
Overall, while Global Reporting Initiative USA Corp has made positive strides in governance and program expenses, the lack of critical policies and transparency in financial reporting highlights areas needing improvement. This rating serves as a reminder for potential donors to consider these factors when evaluating the organization’s reliability and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Global Reporting Initiative Usa Corp C/O Presti & Naegele legitimate?
Global Reporting Initiative Usa Corp C/O Presti & Naegele is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Reporting Initiative Usa Corp C/O Presti & Naegele 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.globalreporting.org
What is the mission statement of Global Reporting Initiative Usa Corp C/O Presti & Naegele?
The Global Reporting Initiative USA Corp, aiming to promote economic sustainability, offers a globally recognized sustainability reporting framework for companies and organizations. This framework enables these entities to demonstrate their economic, environmental, social, and governance performance and impacts in a responsible manner. The mission of this organization is to engage stakeholders on a national and regional level, fostering ownership of the GRI reporting framework in various regions, including the United States and beyond, up to the year 2023. However, for the recent period, the program mainly focused on maintenance and was primarily dormant due to limited activities.
Official website here: www.globalreporting.org
Who is the CEO of Global Reporting Initiative Usa Corp C/O Presti & Naegele?
Eelco Van Der Enden is the Director of Global Reporting Initiative Usa Corp C/O Presti & Naegele. The CEO's salary of Global Reporting Initiative Usa Corp C/O Presti & Naegele is $0 and their total compensation is $0.
Official website here: www.globalreporting.org
What is the revenue of Global Reporting Initiative Usa Corp C/O Presti & Naegele?
Global Reporting Initiative Usa Corp C/O Presti & Naegele's revenue in 2023 was $0.
Official website here: www.globalreporting.org
Who are the executives of Global Reporting Initiative Usa Corp C/O Presti & Naegele and what are their salaries?
Here are 4 key members and their salaries (Global Reporting Initiative Usa Corp C/O Presti & Naegele'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
Official website here: www.globalreporting.org
Where can I find the form 990 for Global Reporting Initiative Usa Corp C/O Presti & Naegele?
Global Reporting Initiative Usa Corp C/O Presti & Naegele's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.globalreporting.org
Learn more at the official website: www.globalreporting.org
Mission Statement of Global Reporting Initiative Usa Corp C/O Presti & Naegele
The Global Reporting Initiative USA Corp, headquartered by Presti & Naegele, is devoted to fostering economic sustainability. Their primary mission is to offer a globally recognized and widely utilized sustainability reporting framework to businesses and organizations worldwide. This framework enables companies to demonstrate their economic, environmental, social, and governance performance and impacts responsibly. By doing so, the Global Reporting Initiative USA Corp aims to enhance stakeholder engagement on a national and regional level, benefiting approximately 110 individuals through memberships and the focal point USA. The organization's ultimate goal is to establish a sense of national, regional, and local ownership of the GRI reporting framework. For the year ending on June 30, 2023, the program incurred some maintenance expenses but remained largely dormant.
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Impact
October, 2024
The Global Reporting Initiative USA Corp C/O Presti & Naegele has a significant impact by promoting economic sustainability through a comprehensive sustainability reporting framework. This framework is essential for companies and organizations to transparently disclose their economic, environmental, social, and governance performance.
By offering a widely recognized reporting mechanism, GRI fosters responsible business practices, encouraging organizations to assess and communicate their impacts. This, in turn, enhances stakeholder engagement at national and regional levels, benefiting approximately 110 individuals, including members under the GRI Focal Point USA. The initiative aims to establish local ownership of the GRI reporting framework, ensuring its relevance and application across various contexts.
Though the program experienced a period of dormancy with minimal expenses in the fiscal year ending June 30, 2023, the mission remains focused on driving sustainability in business practices, reinforcing accountability, and supporting organizations in their journey toward greater economic and social responsibility.
This information is meant to be a general summary of Global Reporting Initiative Usa Corp C/O Presti & Naegele. 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 2023.
Assets and Liabilities:
- Total Assets: $23,103
- Total Liabilities: $62,745
- Net Assets: -$39,642
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Organization Details
Founding Year
2010
Phone
(212) 736-0055Principal Officer
Eelco Van Der Enden
Main Address
225 WEST 35TH STREET 5TH FLOOR, NEW YORK, NY, 10001
Website
www.globalreporting.orgNTEE Category
Code: W05 - Public benefit
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