Overview
What is Continental Societies Inc?
Continental Societies Inc is a nonprofit organization situated in Washington, D.C., specifically at 633 Pennsylvania Avenue NW. Their primary focus is on empowering underprivileged children to reach their full potential. They achieve this goal through their five-point programmatic thrust, which includes health, education, employment, recreation, and arts & humanities. The organization awards scholarships to deserving young individuals in four regions and nationally to support their academic pursuits. Continental Societies Inc is committed to providing high-quality programs and activities that cater to the overall development of these children, fostering their growth and success.
Official website here: www.continentalsocietiesinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
Continental Societies Inc has received a low rating of 50%, which signifies notable concerns regarding its accountability and financial practices. While it boasts a fully independent board and has scored perfectly on several governance-related metrics, the organization has significant weaknesses in its policies related to conflict of interest, whistleblower protections, and document retention, which have contributed to its low overall score.
The organization’s program expense ratio is particularly concerning, as it indicates that only a small portion of its expenses goes toward its programs. This may raise questions about the effectiveness and impact of its initiatives. The high liabilities to assets ratio suggests that the organization has managed to maintain its financial stability, but the overall lack of robust financial management and transparency practices remains a critical limitation.
Overall, while Continental Societies Inc has some strengths in governance, the deficiencies in vital policies and program spending may deter potential donors who are looking for a more accountable and financially responsible nonprofit. Addressing these issues could significantly improve the charity's standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Continental Societies Inc legitimate?
Continental Societies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Continental Societies 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:
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Official website here: www.continentalsocietiesinc.org
What is the mission statement of Continental Societies Inc?
Continental Societies Inc is dedicated to empowering underprivileged children, enabling them to reach their full potential. This is accomplished through the organization's five-point programmatic thrust, which includes health, education, employment, recreation, and arts & humanities. By providing top-notch programs and activities in these areas, Continental Societies Inc aims to make a significant impact in the lives of these children.
In line with its mission, the organization awards scholarships to deserving young individuals in each of its four regions, as well as a national recipient. This educational initiative is a testament to Continental Societies Inc's commitment to fostering the intellectual growth of underprivileged children. By offering these opportunities, the organization is not only supporting the academic aspirations of these young people but also equipping them with the tools necessary to succeed in their future endeavors.
Official website here: www.continentalsocietiesinc.org
Who is the CEO of Continental Societies Inc?
Gwendolyn Lindsay is the President of Continental Societies Inc.
Official website here: www.continentalsocietiesinc.org
What is the revenue of Continental Societies Inc?
Continental Societies Inc's revenue in 2022 was $518,093.
Official website here: www.continentalsocietiesinc.org
Who are the executives of Continental Societies Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.continentalsocietiesinc.org
Where can I find the form 990 for Continental Societies Inc?
Continental Societies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.continentalsocietiesinc.org
Learn more at the official website: www.continentalsocietiesinc.org
Mission Statement of Continental Societies Inc
Continental Societies Inc, a nonprofit organization, is dedicated to uplifting underprivileged children, empowering them to reach their full potential. Through their five-point programmatic thrust, the organization offers high-quality programs and activities in health, education, employment, recreation, and arts & humanities. Their mission is to provide these children with the best opportunities to grow and thrive.
In line with their mission, Continental Societies Inc awards scholarships to deserving young individuals. They distribute these scholarships across four regions of their societies, with one recipient from each region, and an additional national recipient. This initiative serves as a testament to their commitment to supporting the education of underprivileged children, providing them with the resources they need to pursue their academic goals and build a better future for themselves.
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Impact
July, 2024
Continental Societies Inc's impact lies in empowering underprivileged children to achieve their highest potential through various programs and activities. By focusing on health, education, employment, recreation, arts, and humanities, the organization is committed to providing these children with quality opportunities that they may not have access to otherwise. Through initiatives such as awarding scholarships to deserving young people, Continental Societies Inc is making a tangible difference in the lives of underprivileged children, helping them reach their educational and personal goals. By prioritizing education and holistic development, the organization is creating positive change and opening doors for a brighter future for these children.
This information is meant to be a general summary of Continental Societies 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: $7,956
- Gross Receipts: $518,093
Assets and Liabilities:
- Total Assets: $636,472
- Total Liabilities: $0
- Net Assets: $636,472
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Organization Details
Founding Year
1972
Principal Officer
Gwendolyn Lindsay
Main Address
633 PENNSYLVANIA AVENUE NW, Washington, DC, 20004
NTEE Category
Code: B82 - Education
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