Overview
What is Global Gifts Inc?
Global Gifts Inc is a compassionate nonprofit organization based in Indianapolis, Indiana, with an address at 8519 Westfield Boulevard H. The primary mission of Global Gifts Inc is to uplift impoverished artisans and producers residing in developing nations. By offering a fair income and employment opportunities, the organization empowers individuals with limited prospects, thereby contributing to their overall socio-economic development. With a dedicated workforce of 41 employees, Global Gifts Inc continues to make a significant impact in the lives of countless individuals around the world.
Official website here: www.globalgifts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Global Gifts Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization’s overall score is driven entirely by its strong performance in the Accountability & Finance category, where it scored 76%. This highlights a commitment to responsible management of resources, essential for donor confidence and support.
Strengths of Global Gifts Inc include a fully independent board, with all 9 members meeting independence criteria. The organization has also demonstrated no material diversion of assets and maintains transparency through listed policies and documented board meeting minutes. Notably, the program expense ratio is impressive at 98.05%, suggesting that a significant portion of their funds is directed towards their charitable activities.
However, there are areas for improvement, particularly the absence of a whistleblower policy, which could enhance governance practices. Despite this limitation, the overall financial accountability remains strong, and the organization shows a commitment to maintaining high operational standards.
This AI summary has been generated from information found on Charity Navigator.
Is Global Gifts Inc legitimate?
Global Gifts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Gifts 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: $49,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $457,852
For more financial information, click here
Official website here: www.globalgifts.com
What is the mission statement of Global Gifts Inc?
Global Gifts Inc's mission is centered around supporting impoverished artisans and producers in the developing world. The organization works to provide these individuals with a fair income and employment opportunities, thereby empowering them despite their limited resources. By doing so, Global Gifts Inc contributes to breaking the cycle of poverty and promoting sustainable livelihoods. The organization's activities are geared towards uplifting these artisans and producers, ensuring they can earn a decent living and contribute to their communities.
Official website here: www.globalgifts.com
Who is the CEO of Global Gifts Inc?
Marks Cannon is the Former Exe Dir of Global Gifts Inc.
Official website here: www.globalgifts.com
What is the revenue of Global Gifts Inc?
Global Gifts Inc's revenue in 2022 was $1,014,951.
Official website here: www.globalgifts.com
Who are the executives of Global Gifts Inc and what are their salaries?
The average compensation at Global Gifts Inc during 2022 was $12,372. There are 41 employees and 91 volunteers at Global Gifts Inc.
Here are 12 key members and their salaries:
- Compensation: $36,831
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- Compensation: $12,558
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Official website here: www.globalgifts.com
Where can I find the form 990 for Global Gifts Inc?
Global Gifts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globalgifts.com
Learn more at the official website: www.globalgifts.com
Mission Statement of Global Gifts Inc
Global Gifts Inc is committed to making a positive impact in the lives of artisans and producers in developing countries. This nonprofit organization strives to provide these individuals, often with limited opportunities, with a fair income and employment. By doing so, Global Gifts Inc serves as a bridge between these communities and the global market, ensuring that their handcrafted products reach a wider audience. The mission of Global Gifts Inc is driven by a sense of fairness and equality, aiming to uplift and empower these impoverished artists and producers, thereby contributing to a more equitable world.
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Impact
October, 2024
Global Gifts Inc has a significant impact on impoverished artisans and producers in the developing world. By providing fair income and employment opportunities, it empowers individuals who face limited opportunities due to economic and social barriers. This support not only helps artisans sustain their livelihoods but also promotes economic development within their communities. Through its mission, Global Gifts Inc fosters a more equitable global marketplace, encouraging social justice and cultural exchange. By prioritizing fair trade practices, it helps to uplift marginalized populations while also raising awareness about the importance of ethical consumerism.
This information is meant to be a general summary of Global Gifts 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: $637
- Gross Receipts: $1,641,124
Assets and Liabilities:
- Total Assets: $678,086
- Total Liabilities: $348,029
- Net Assets: $330,057
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Organization Details
Founding Year
1978
Phone
(317) 569-0670Principal Officer
Marks Cannon
Main Address
8519 Westfield Boulevard H, Indianapolis, IN, 46240
Website
www.globalgifts.comNTEE Category
Code: Q320 - International
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