Overview
What is Cultural Exchange Network?
The Cultural Exchange Network, located in Cape Girardeau, Missouri, is a nonprofit organization that specializes in international exchange programs. Their primary mission is to provide an opportunity for international students and business professionals to immerse themselves in the United States, either through work, study, or travel experiences. By doing so, they foster cultural understanding and promote global collaboration. The organization, with a team of 16 dedicated individuals, operates under this international training program, offering valuable experiences and interactions for individuals from abroad.
Official website here: www.cenet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates a need for improvement in the organization's accountability and financial practices. While a score of 69 suggests some strengths, it also highlights several critical areas that require attention for enhanced transparency and governance.
The Cultural Exchange Network demonstrates a strong commitment to their program expenses, achieving a 100% program expense ratio. They also have an independent board with a majority of members, indicating good oversight. However, the absence of key policies, including a conflict of interest policy and a whistleblower policy, raises concerns about their governance practices.
Additionally, the organization has not provided financial statements and lacks documentation on their nonprofit's website, which affects their overall accountability score. While there are no reported issues with material diversion of assets and a favorable liabilities to assets ratio, the need for more comprehensive financial transparency is evident. Overall, the Cultural Exchange Network has strengths in its program focus but must address governance and transparency issues to improve its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Cultural Exchange Network legitimate?
Cultural Exchange Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cultural Exchange Network 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: $158,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $575,846
For more financial information, click here
Official website here: www.cenet.org
What is the mission statement of Cultural Exchange Network?
The Cultural Exchange Network provides a mission that enables international students and business professionals to engage in opportunities for work, study, or travel within the United States. This organization offers an international training program for business professionals, providing a chance for professionals from abroad to gain work experience in the U.S. In essence, the Cultural Exchange Network aims to foster cultural exchange and professional development by opening up opportunities for international individuals in the United States.
Official website here: www.cenet.org
Who is the CEO of Cultural Exchange Network?
Robyn Walker is the Board Member of Cultural Exchange Network.
Official website here: www.cenet.org
What is the revenue of Cultural Exchange Network?
Cultural Exchange Network's revenue in 2022 was $1,372,361.
Official website here: www.cenet.org
Who are the executives of Cultural Exchange Network and what are their salaries?
The average compensation at Cultural Exchange Network during 2022 was $45,865. There are 16 employees at Cultural Exchange Network.
Here are 7 key members and their salaries:
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $42,500
- Related: $0
- Other: $0
- Compensation: $42,500
- Related: $0
- Other: $0
- Compensation: $80,000
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
Official website here: www.cenet.org
Where can I find the form 990 for Cultural Exchange Network?
Cultural Exchange Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cenet.org
Learn more at the official website: www.cenet.org
Mission Statement of Cultural Exchange Network
The Cultural Exchange Network offers a unique opportunity for international students and business professionals. This nonprofit organization's mission is to provide a platform for these individuals to work, study, or travel in the United States. The Cultural Exchange Network achieves this through an international training program, offering a chance for business professionals from abroad to gain practical experience in the U.S. By facilitating these experiences, the Cultural Exchange Network bridges cultural gaps and fosters global understanding.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Cultural Exchange Network facilitates international students and business professionals in gaining valuable experience through work, study, and travel opportunities in the United States. Their international training program for business professionals offers a unique chance for individuals from abroad to work in the U.S., contributing to cultural exchange and professional development. Through their programs, the organization fosters cross-cultural understanding, skill development, and professional networking, ultimately enriching the experiences of both participants and the communities they engage with.
This information is meant to be a general summary of Cultural Exchange Network. 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: $6,112
- Program Service Revenue: $1,344,542
- Gross Receipts: $1,372,361
Assets and Liabilities:
- Total Assets: $2,184,817
- Total Liabilities: $292,817
- Net Assets: $1,892,000
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTERNATIONAL TRAINING
Revenue
$1,265,767
MAGELLAN
Revenue
$78,775
Organization Details
Founding Year
1996
Phone
(573) 335-7111Principal Officer
Robyn Walker
Main Address
338 BROADWAY, Cape Girardeau, MO, 63701
Website
www.cenet.orgNTEE Category
Code: T70 - Philanthropy
If you are a representative of Cultural Exchange Network and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.