Overview
What is Sicana Inc?
Sicana Inc is a nonprofit organization established in 2011, headquartered in New York, New York. Its primary mission is to assist parties in resolving their conflicts and disputes outside of court. In 2022, the organization closed 111 cases, generating revenue of approximately $3.9 million. Sicana is actively engaged in events, both in North America and Europe, participating in and organizing conferences, training programs, workshops, mock court sessions, luncheons, receptions, and lectures. With a staff of 16 individuals, Sicana Inc plays a crucial role in facilitating dispute resolution processes.
Official website here: www.iccwbo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, earning it a Two-Star out of Four Star rating.
Sicana Inc has received a Two-Star rating from Charity Navigator, reflecting concerns primarily related to its governance structure. The organization has a significant issue with board independence, as it currently lacks any independent board members, which can raise questions about oversight and accountability. However, it has demonstrated strong practices in certain areas such as conflict of interest and whistleblower policies, showcasing a commitment to ethical operations.
Financially, Sicana Inc maintains a high program expense ratio, indicating that it allocates 100% of its expenses towards its programs. This is a positive sign that the organization is focused on its mission. However, the organization's liabilities to assets ratio is concerning at 93.05%, suggesting that it may have financial stability issues that could impact its long-term sustainability.
While the organization has solid audit and oversight practices, the absence of independent board members and the lack of transparency regarding its tax form on the nonprofit's website suggest areas for improvement. Addressing these deficiencies could enhance both its governance practices and its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Sicana Inc?
96% of 244 reviewers on Facebook recommend Sicana Inc. Here's a summary of their reviews:
The majority of users express strong support for the organization, highlighting a sense of camaraderie and connection among colleagues across the globe. The positive sentiment indicates that Sicana Inc effectively fosters collaboration and engagement, making it a valued resource within the community.
Overall, it appears that Sicana Inc delivers on its commitments, with users appreciating the organization's efforts to create international ties and support among its members. The feedback reflects a positive perception of Sicana Inc's mission and its outreach to various countries.
This AI summary has been generated from reviews found on Facebook.
Is Sicana Inc legitimate?
Sicana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sicana 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,188,895
For more financial information, click here
Official website here: www.iccwbo.org
What is the mission statement of Sicana Inc?
Sicana Inc, established in 2011, is a non-profit organization with a mission to offer dispute resolution services to parties who wish to settle their conflicts outside of the court system. The organization operates in North America and aims to assist parties in resolving their disputes amicably. In 2022, Sicana successfully closed 111 cases, generating revenues of approximately $3.9 million. Additionally, the organization participates and organizes events in both North America and Europe, offering training programs, workshops, mock court sessions, lectures, and other promotional activities.
Official website here: www.iccwbo.org
What is the revenue of Sicana Inc?
Sicana Inc's revenue in 2023 was $6,583,869.
Official website here: www.iccwbo.org
Who are the executives of Sicana Inc and what are their salaries?
The average compensation at Sicana Inc during 2023 was $118,890. There are 10 employees at Sicana Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- 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
- Compensation: $215,419
- Related: $0
- Other: $0
- Compensation: $170,521
- Related: $0
- Other: $0
- Compensation: $131,402
- Related: $0
- Other: $0
- Compensation: $114,227
- Related: $0
- Other: $0
- Compensation: $115,656
- Related: $0
- Other: $0
Official website here: www.iccwbo.org
Where can I find the form 990 for Sicana Inc?
Sicana Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iccwbo.org
Learn more at the official website: www.iccwbo.org
Mission Statement of Sicana Inc
Sicana Inc, established in 2011, is a non-profit organization with a mission to serve as a mediator for parties seeking to resolve their disputes and conflicts outside of the courtroom. The organization's primary objective is to provide a platform for parties to amicably settle their disagreements, thereby avoiding lengthy and often costly legal proceedings.
Sicana Inc operates in the realm of dispute resolution, focusing on North America. The organization's services proved to be in demand during the year 2022, as it successfully closed 111 cases, resulting in revenue generation of $3,916,917. In addition to its dispute resolution services, Sicana Inc also engages in various promotional activities. These activities include organizing and participating in full-day conferences, training programs, workshops, mock court sessions, luncheons, receptions, and lectures, both in North America and Europe. These events serve to educate and inform parties about the benefits of alternative dispute resolution methods, thereby promoting the organization's mission.
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
Sicana Inc's impact lies in its successful resolution of disputes for parties seeking alternatives to traditional court processes. In 2022 alone, Sicana closed 111 cases, generating substantial revenues. Additionally, the organization's reach extended to both North America and Europe through various events like conferences, training programs, workshops, and mock court sessions. Through these initiatives, Sicana has effectively provided much-needed conflict resolution services while also offering educational opportunities and promoting dialogue within the legal and justice system.
This information is meant to be a general summary of Sicana 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 2023.
- Program Service Revenue: $6,583,869
- Gross Receipts: $6,583,869
Assets and Liabilities:
- Total Assets: $51,371,436
- Total Liabilities: $47,804,897
- Net Assets: $3,566,539
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.
Arbitration revenue
Revenue
$4,992,432
Other
Revenue
$1,591,437
Organization Details
Founding Year
2011
Principal Officer
Alexander Fessas
Website
www.iccwbo.orgNTEE Category
Code: I51 - Crime
If you are a representative of Sicana Inc 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.