Overview
What is No-Mo?
No-Mo, or No-Mo Foundation, is a nonprofit organization committed to promoting healthy lifestyles among children and teenagers. Their mission involves providing essential information aimed at enabling young individuals to make informed decisions regarding their health. By creating a safe and supportive environment, the foundation fosters the development of positive life skills in youth and young adults, empowering them to break the cycle of poverty. No-Mo Foundation's work primarily focuses on prevention and early intervention, offering resources that equip the next generation with the tools needed to make healthy choices.
Official website here: www.nomofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43% (Zero-Star out of Four Star Rating)
No-Mo has received a low score of 43% from Charity Navigator, resulting in a Zero-Star rating. The charity demonstrates strengths in governance, with 100% independent board members and a solid board size. However, significant weaknesses are evident in their financial reporting, as they have not provided financial statements or posted their tax form on their website, which impacts transparency.
The organization has policies in place for conflict of interest and whistleblowing, reflecting some accountability practices. Nevertheless, the lack of critical financial documentation, such as a document retention policy and tax forms, raises concerns about overall organizational transparency. Furthermore, the liabilities to assets ratio is notably high, suggesting potential financial instability.
Overall, while No-Mo has some governance strengths, the deficiencies in financial reporting and documentation limit its accountability and overall effectiveness. Potential donors and supporters should consider these factors when evaluating the organization's operations and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is No-Mo legitimate?
No-Mo is a legitimate nonprofit organization registered as a 501(c)(3) entity. No-Mo 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: $587,432
For more financial information, click here
Official website here: www.nomofoundation.org
What is the mission statement of No-Mo?
No-Mo, short for New Options More Opportunities Foundation, aims to serve as a secure environment for youth and young adults, encouraging them to cultivate beneficial life skills. This mission is geared towards empowering these individuals to surpass the cycle of poverty. The foundation also focuses on supplying adolescents and teenagers with preventative and early intervention information regarding healthy lifestyles. This data equips them with the necessary knowledge to make well-informed decisions concerning their health.
Official website here: www.nomofoundation.org
Who is the CEO of No-Mo?
Jean Wright is the Board Chairman of No-Mo. The CEO's salary of No-Mo is $0 and their total compensation is $0.
Official website here: www.nomofoundation.org
What is the revenue of No-Mo?
No-Mo's revenue in 2022 was $2,241,832.
Official website here: www.nomofoundation.org
Who are the executives of No-Mo and what are their salaries?
The average compensation at No-Mo during 2022 was $36,714. There are 16 employees at No-Mo.
Here are 9 key members and their salaries (No-Mo's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.nomofoundation.org
Where can I find the form 990 for No-Mo?
No-Mo's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nomofoundation.org
Learn more at the official website: www.nomofoundation.org
Mission Statement of No-Mo
No-Mo, or New Options More Opportunities Foundation, is dedicated to serving youth and young adults by offering a safe and nurturing environment. Their mission is centered around empowering these individuals to develop essential life skills, ultimately aiming to help them break free from the cycle of poverty. The organization believes in providing preventative and early intervention healthy lifestyle information, which equips young people with the tools needed to make informed decisions that promote a healthier lifestyle. By doing so, No-Mo seeks to contribute to the broader goal of fostering positive change and personal growth among its beneficiaries.
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Impact
July, 2024
No-Mo's impact is significant in providing a safe space for youth and young adults in Philadelphia to develop positive life skills and break the cycle of poverty. By offering prevention and early intervention healthy lifestyle information, No-Mo empowers children and teens to make informed decisions that contribute to their overall well-being. Through its efforts, No-Mo is actively working towards community improvement by supporting the growth and development of individuals who may otherwise face challenges in achieving their full potential.
This information is meant to be a general summary of No-Mo. 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: $1
- Gross Receipts: $2,241,832
Assets and Liabilities:
- Total Assets: $676,691
- Total Liabilities: $83,060
- Net Assets: $593,631
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Organization Details
Founding Year
2014
Principal Officer
Jean Wright
Main Address
925 N Broad St, Philadelphia, PA, 19123
Website
www.nomofoundation.orgNTEE Category
Code: S20 - Community improvement
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