Overview
What is Silver Lining Missions?
Silver Lining Missions is a nonprofit organization situated in Milpitas, California. Their primary objective is to raise funds through various means, such as charity dinners, concerts, merchandise sales, and personal solicitations for donations. The funds collected are aimed at assisting organizations that provide essential services like food, clothing, shelter, and education to underprivileged children and orphans in China, as well as potentially in the United States. In addition, Silver Lining Missions intends to provide such aid directly to needy children and orphans within the United States under its own auspices. With a small team of eight employees, this nonprofit is committed to making a difference in the lives of vulnerable children around the world.
Official website here: www.silverliningmissions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
Silver Lining Missions has received a Two-Star rating from Charity Navigator, indicating the organization needs improvement in certain areas. While the organization shows strength in its accountability with a fully independent board and a low liabilities to assets ratio, it falls short in financial transparency and governance policies. The lack of financial statements and missing key policies such as conflict of interest and whistleblower protections are significant gaps.
The program expense ratio is commendable at 95.35%, demonstrating a strong commitment to its programs and mission. This high ratio suggests that the majority of its funding is directed towards direct services rather than administrative costs. However, without accessible financial documents, it becomes challenging for stakeholders to assess the overall financial health and operational effectiveness of the organization.
Overall, while Silver Lining Missions displays strong accountability in certain aspects, the absence of critical financial and governance documentation raises concerns. Addressing these limitations would enhance transparency and trust, ultimately allowing the organization to strengthen its impact and attract more support.
This AI summary has been generated from information found on Charity Navigator.
Is Silver Lining Missions legitimate?
Silver Lining Missions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Lining Missions 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: $202,925
For more financial information, click here
Official website here: www.silverliningmissions.org
What is the mission statement of Silver Lining Missions?
Silver Lining Missions is an organization that raises funds through charity events, merchandise sales, and various solicitation methods to aid organizations providing essentials like food, clothing, shelter, and education for needy children and orphans in China and potentially the United States. Furthermore, the organization intends to provide such assistance directly to underprivileged children and orphans within the United States under its own auspices.
Official website here: www.silverliningmissions.org
Who is the CEO of Silver Lining Missions?
Laurent Mak-Lam is the Bod & Presid of Silver Lining Missions.
Official website here: www.silverliningmissions.org
What is the revenue of Silver Lining Missions?
Silver Lining Missions's revenue in 2022 was $1,343,756.
Official website here: www.silverliningmissions.org
Who are the executives of Silver Lining Missions and what are their salaries?
The average compensation at Silver Lining Missions during 2022 was $25,366. There are 8 employees at Silver Lining Missions.
Here are 7 key members and their salaries:
- Compensation: $74,096
- Related: $0
- Other: $0
- Compensation: $30,468
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $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.silverliningmissions.org
Where can I find the form 990 for Silver Lining Missions?
Silver Lining Missions's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silverliningmissions.org
Learn more at the official website: www.silverliningmissions.org
Mission Statement of Silver Lining Missions
Silver Lining Missions is an organization that is dedicated to raising funds and planning assistance for organizations that provide essential resources to needy children and orphans, primarily in China but potentially in the United States as well. The organization's mission involves supporting organizations that offer food, clothing, shelter, and education to these vulnerable children. In addition, Silver Lining Missions also plans to extend its aid directly to needy children and orphans within the United States under its own auspices.
To accomplish its mission, Silver Lining Missions employs various fundraising strategies. They organize charity dinners and concerts, selling merchandise to generate revenue. Furthermore, the organization might also raise funds through channels such as phone, mail, email, and personal solicitations for donations. The ultimate goal of Silver Lining Missions is to make a positive impact on the lives of these children and orphans by providing them with the necessary resources to thrive.
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Impact
July, 2024
Silver Lining Missions conducts fundraising activities to provide assistance to organizations that support needy children and orphans in China and potentially in the United States. This includes providing food, clothing, shelter, and education to those in need. The organization raises funds through charity dinners, concerts, merchandise sales, as well as through phone, mail, email, and personal solicitations. Through its activities, Silver Lining Missions aims to directly help children and orphans under its own initiatives in the United States.
This information is meant to be a general summary of Silver Lining Missions. 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.
- Program Service Revenue: $433,970
- Gross Receipts: $1,343,756
Assets and Liabilities:
- Total Assets: $2,143,446
- Total Liabilities: $174,287
- Net Assets: $1,969,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD SPONSORSHIP
Revenue
$399,050
FUNDRAISING INCOME
Revenue
$34,920
Organization Details
Founding Year
2011
Phone
(408) 770-2018Principal Officer
Laurent Mak-Lam
Main Address
16 CORNING AVE STE 206, MILPITAS, CA, 95035
Website
www.silverliningmissions.orgNTEE Category
Code: T30 - Philanthropy
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