Overview
What is The Net Fw Inc?
The Net Fw Inc, also known as The Net, is a nonprofit organization situated in Fort Worth, Texas, specifically at 1216 S Lake Street. Their primary mission is to combat sex trafficking and offer comprehensive support to survivors during their recovery process. This support encompasses emotional assistance, life skills classes, individual case management, and job training. Moreover, The Net extends its services to assist individuals from the Dallas-Fort Worth area who are homeless or have refugee status. Their goal is to disrupt sex trafficking and provide holistic recovery solutions to the affected individuals. The organization employs a total of 26 dedicated individuals in their mission.
Official website here: www.thenetfw.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Net Fw Inc has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of only 33%, the organization shows weaknesses in several key areas, particularly in financial transparency, as it has not provided any financial statements. While the organization has a high proportion of independent board members, this alone does not compensate for the lack of critical policies and documentation, such as a whistleblower policy and document retention guidelines.
The strengths noted include a majority independent board and a commitment to ensuring no material diversion of assets. These factors reflect some level of governance and oversight. However, the absence of proper financial documentation raises red flags, particularly regarding the organization’s fiscal health and accountability to donors and stakeholders.
Overall, The Net Fw Inc needs to address its transparency issues and implement essential governance policies to improve its rating and public trust. The current financial ratios, including a program expense ratio of 45.98% and a liabilities to assets ratio of 31.68%, suggest that financial management practices require substantial improvement for the organization to be considered a reliable nonprofit option.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Net Fw Inc?
100% of 23 reviewers on Facebook recommend The Net Fw Inc. Here is a summary of their reviews:
The nonprofit is praised for its strong sense of community, with many highlighting the love, compassion, and humility displayed by its members. Reviewers express a deep appreciation for the opportunity to serve alongside others who are dedicated to making a positive impact.
Overall, the sentiment towards The Net Fw Inc is overwhelmingly positive, with supporters feeling valued and inspired by their experiences within the organization. The commitment to service and the supportive environment has resonated well with those involved.
This AI summary has been generated from reviews found on Facebook.
Is The Net Fw Inc legitimate?
The Net Fw Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Net Fw 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: $77,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thenetfw.com
What is the mission statement of The Net Fw Inc?
The Net Fw Inc, an organization dedicated to assisting individuals, focuses on disrupting sex trafficking and offering comprehensive support to survivors during their recovery process. Their services encompass emotional assistance, life skills classes, individual case management, and job training. The organization aims to empower survivors, helping them navigate their recovery journey and rebuild their lives.
Official website here: www.thenetfw.com
Who is the CEO of The Net Fw Inc?
Melissa Ice is the Executive Director of The Net Fw Inc.
Official website here: www.thenetfw.com
What is the revenue of The Net Fw Inc?
The Net Fw Inc's revenue in 2022 was $1,261,491.
Official website here: www.thenetfw.com
Who are the executives of The Net Fw Inc and what are their salaries?
The average compensation at The Net Fw Inc during 2022 was $2,982. There are 26 employees and 100 volunteers at The Net Fw Inc.
Here are 11 key members and their salaries:
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Official website here: www.thenetfw.com
Where can I find the form 990 for The Net Fw Inc?
The Net Fw Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thenetfw.com
Learn more at the official website: www.thenetfw.com
Mission Statement of The Net Fw Inc
The Net Fw Inc, a nonprofit organization, is dedicated to disrupting sex trafficking and providing holistic support to survivors during their recovery process. This mission is carried out through a variety of services and support systems designed to aid victims of homelessness, refugee status, and human trafficking in the DFW area.
At the core of The Net Fw Inc's operations is the provision of emotional assistance, life skills classes, individual case management, and job training for survivors of sex trafficking. These services aim to empower survivors, helping them to navigate their recovery journey and rebuild their lives. Through these interventions, The Net Fw Inc seeks to provide a safe and supportive environment where survivors can heal, learn new skills, and gain the confidence necessary to move forward.
The holistic approach adopted by The Net Fw Inc is key to its mission. By offering a range of services, the organization is able to address the complex needs of survivors, taking into account the physical, emotional, and practical challenges they face. This comprehensive approach allows survivors to receive the support they need to overcome their experiences of trauma and begin to rebuild their lives. Ultimately, The Net Fw Inc's mission is to help survivors of sex trafficking regain their dignity and independence, and to create a future free from exploitation and abuse.
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Impact
July, 2024
The Net Fw Inc has a significant impact on the DFW area by providing crucial services and support to victims of homelessness, refugee status, and human trafficking. Their work includes offering emotional assistance, life skills classes, individual case management, and job training to survivors of sex trafficking. By disrupting sex trafficking and providing holistic support during the recovery process, The Net Fw Inc contributes to the improvement of the community in Fort Worth, Texas.
This information is meant to be a general summary of The Net Fw 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.
- Investment Income: $468
- Gross Receipts: $1,317,429
Assets and Liabilities:
- Total Assets: $1,980,548
- Total Liabilities: $517,157
- Net Assets: $1,463,391
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Organization Details
Founding Year
2013
Phone
(817) 637-0208Principal Officer
Melissa Ice
Main Address
1216 S LAKE STREET, FORT WORTH, TX, 76104
Website
www.thenetfw.comNTEE Category
Code: S20 - Community improvement
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