Overview
What is 516 Now Inc?
516 Now Inc is a nonprofit organization based in Spartanburg, South Carolina, with a strong commitment to improving lives in need. They extend their mission beyond the United States, operating in Nicaragua, El Salvador, Colombia, Honduras, Belize, and the Dominican Republic. Their primary goal is to build holistic, prosperous, and sustainable communities worldwide. They achieve this by collaborating with local communities to develop sustainable projects that honor God. Their activities include sharing God's love and promises, ultimately aiming to uplift and empower people in their target communities. The organization's work is guided by Matthew 5:16, emphasizing the importance of making a positive impact on society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
516 Now Inc has received a low rating of 53% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, such as having no independent board members and lacking essential policies like conflict of interest and whistleblower protections. Despite these issues, the charity has demonstrated a strong program expense ratio of 97.86%, suggesting that a majority of its expenditures are directed toward its programs.
The absence of independent oversight and critical governance policies raises important questions about the organization's long-term sustainability and transparency. The charity's website is missing from its tax form, and it has not made its tax documents publicly accessible, which further diminishes trust among potential donors. While the organization does maintain proper documentation of board meeting minutes, the overall lack of independent board members and missing policies suggest a need for improvement in governance practices.
Despite its high program expense ratio, the significant deficiencies in accountability measures could deter potential supporters. For 516 Now Inc to enhance its credibility and attract more donations, it may need to implement stronger governance policies and improve its transparency efforts.
This AI summary has been generated from information found on Charity Navigator.
Is 516 Now Inc legitimate?
516 Now Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 516 Now 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.
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What is the mission statement of 516 Now Inc?
516 Now Inc's mission is centered around building holistic, prosperous, and sustainable communities worldwide. They achieve this by collaborating with local communities to develop sustainable projects that honor God. The organization's actions are inspired by Matthew 5:16, aiming to enhance the quality of life for those in need. They have expanded their ministry to various countries, including Nicaragua, El Salvador, Colombia, Honduras, Belize, and the Dominican Republic. The organization continues to follow God's guidance, sharing His love and promises through their actions in specific communities.
Who is the CEO of 516 Now Inc?
John Barrett is the President of 516 Now Inc.
What is the revenue of 516 Now Inc?
516 Now Inc's revenue in 2022 was $155,249.
Who are the executives of 516 Now Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for 516 Now Inc?
516 Now Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 516 Now Inc
516 Now Inc, a nonprofit organization, is dedicated to constructing holy, prosperous, and sustainable communities globally. They achieve this by collaborating with individuals in their target communities to initiate sustainable projects that honor God. The mission of 516 Now Inc is grounded in Matthew 5:16, inspiring them to enhance the living standards of people in need. By working in harmony with their chosen communities, 516 Now Inc expands its ministry, currently operating in various countries such as Nicaragua, El Salvador, Colombia, Honduras, Belize, and the Dominican Republic. The organization's mission is to share God's love and promises through practical ministry actions, ultimately aiming to influence specific communities.
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Impact
October, 2024
516 Now Inc has a significant impact by fostering the development of holy, prosperous, and sustainable communities worldwide. Through collaborative efforts with local communities in countries like Nicaragua, El Salvador, Colombia, Honduras, Belize, and the Dominican Republic, the organization initiates and implements sustainable projects that uplift the quality of life for those in need.
By focusing on community engagement and empowerment, 516 Now Inc addresses critical challenges faced by these communities, ensuring that the projects are not only impactful but also aligned with their values and needs. Through their ministry, the organization spreads a message of hope, love, and faith, encouraging individuals to work together towards common goals while glorifying God.
Their commitment to building lasting change is demonstrated in their approach to ministry in action, where they not only provide immediate support but also focus on long-term solutions that enhance the livelihoods and spiritual well-being of those they serve. Ultimately, 516 Now Inc is dedicated to transforming lives and creating a ripple effect of positive change in communities across the globe.
This information is meant to be a general summary of 516 Now 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.
- Gross Receipts: $155,249
Assets and Liabilities:
- Total Assets: $42,620
- Total Liabilities: $0
- Net Assets: $42,620
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Organization Details
Founding Year
2012
Principal Officer
John Barrett
Main Address
PO BOX 1943, SPARTANBURG, SC, 29304
NTEE Category
Code: Q30 - International
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