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Humanitarian Organization Divac Corporation

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

EIN: 320014351 ✦ Mokena, IL ✦ Designated as a 501(c)(3)

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Overview

What is Humanitarian Organization Divac Corporation?

Humanitarian Organization Divac Corporation is a charitable entity dedicated to supporting and uplifting disadvantaged and vulnerable children. In 2021, the organization has been actively collaborating with the Ana & Vlade Divac (HOD Serbia) Foundation to amplify its impact. Although specific activities are outlined in their schedule, the core mission of Humanitarian Organization Divac Corporation revolves around providing assistance and aid to at-risk young individuals.


Official website here: www.divac.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating, 62%

The Divac Corporation has received a rating of "Needs Improvement" from Charity Navigator, indicating challenges in various accountability and financial practices. While the organization demonstrates a strong commitment to program expenses with a 100% program expense ratio, it falls short in transparency measures such as posting financial statements and maintaining documented policies, leading to a lower overall score.

Strengths of the organization include having an entirely independent board, which is essential for governance and oversight. This independence reflects positively in their accountability practices; however, the lack of a conflict of interest policy and whistleblower protection suggests areas for significant improvement. Furthermore, while they demonstrate responsible asset management with no liabilities against assets, the absence of publicly available financial documentation raises concerns about transparency.

In conclusion, while Divac Corporation shows a commitment to its mission through program expenditures, improvements in governance, financial accountability, and transparency are critical for enhancing donor trust and organizational effectiveness. Addressing these weaknesses could help the organization to achieve a higher rating in the future.


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

Is Humanitarian Organization Divac Corporation legitimate?

Humanitarian Organization Divac Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Humanitarian Organization Divac Corporation 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.divac.com

What is the mission statement of Humanitarian Organization Divac Corporation?

The Humanitarian Organization Divac Corporation's mission is centered around assisting and aiding disadvantaged and at-risk children. They receive contributions to carry out this mission. In the year 2021, they have been extensively collaborating with the Ana & Vlade Divac (HOD Serbia) Foundation in their endeavors. The organization's primary goal is to provide aid and support to these children in need. However, specific details about their mission statement, such as long-term objectives or methods, are not provided in the given information.


Official website here: www.divac.com

Who is the CEO of Humanitarian Organization Divac Corporation?

Alex Dimitrijevic is the Director of Humanitarian Organization Divac Corporation.


Official website here: www.divac.com

What is the revenue of Humanitarian Organization Divac Corporation?

Humanitarian Organization Divac Corporation's revenue in 2022 was $1,362,515.


Official website here: www.divac.com

Who are the executives of Humanitarian Organization Divac Corporation and what are their salaries?


Here are 2 key members and their salaries:


Vlade Divac (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Dimitrijevic (Coordinator)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.divac.com

Where can I find the form 990 for Humanitarian Organization Divac Corporation?

Humanitarian Organization Divac Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.divac.com

Learn more at the official website: www.divac.com

Mission Statement of Humanitarian Organization Divac Corporation

Humanitarian Organization Divac Corporation, as per its activities, is committed to supporting and aiding disadvantaged and at-risk children. In line with this mission, the organization has collaborated extensively with the Ana & Vlade Divac (HOD Serbia) Foundation in 2021. Through its contributions and efforts, the organization aims to enhance the lives of children who are facing challenges and vulnerabilities.

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Impact




October, 2024

Humanitarian Organization Divac Corporation makes a significant impact by providing critical assistance and support to disadvantaged and at-risk children. Through contributions, the organization addresses the specific needs of vulnerable youth, facilitating access to essential resources and opportunities for improvement in their lives. In 2021, the collaboration with the Ana & Vlade Divac (HOD Serbia) Foundation exemplified the organization’s commitment to this mission, helping to enhance the welfare of children in underserved communities. By focusing on human services, Divac Corporation works towards building a brighter future for these children, fostering resilience and encouraging positive developmental outcomes.




This information is meant to be a general summary of Humanitarian Organization Divac Corporation. 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
$1,362,515 (2022)
Expenses
$977,411 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,362,515

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2002

Principal Officer

Alex Dimitrijevic

Main Address

18704 SOUTH 114TH AVENUE, MOKENA, IL, 60448

NTEE Category

Code: P60 - Human services

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