Overview
What is People Power Initiatives Inc?
People Power Initiatives Inc is a nonprofit organization located at 191 Bank Street 3rd, Burlington, VT 05401. Their primary focus is on charitable and educational programs and initiatives, promoting economic and social justice. Their most notable initiative, STAMP STAMPEDE, is a national movement with over 136,000 members, dedicated to protesting big money in politics and voting barriers for minorities, students, disabled, and low-income individuals. People Power Initiatives Inc recruited 6,227 new members and maintained a bimonthly newsletter with vital information on voting rights and campaign finance. Additionally, they have a website logging reported instances of stamped bills. Their activities are centered around fostering and advocating for a more equitable society.
Official website here: www.stampstampede.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%) - Two-Star out of Four Star Rating
People Power Initiatives Inc has received a "Needs Improvement" rating from Charity Navigator, indicating areas where the organization may need to enhance its operations. The charity has an impressive Accountability & Finance score of 100%, showcasing effective governance practices such as having a fully independent board. However, it falls short in financial transparency, as it has not provided financial statements on its website, which affects its overall score.
While the organization demonstrates strong compliance in several areas, including conflict of interest and document retention policies, it lacks a whistleblower policy, which is a significant oversight in ensuring accountability. Additionally, the charity’s liabilities to assets ratio of 88.40% raises concerns about its financial health and sustainability. However, it excels in program expenses, allocating 97.39% of its budget to programs, highlighting its commitment to its mission.
Overall, while People Power Initiatives Inc shows strengths in governance and program spending, its financial transparency issues and lack of certain policies suggest that potential donors should consider these factors when evaluating the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is People Power Initiatives Inc legitimate?
People Power Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. People Power Initiatives 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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Official website here: www.stampstampede.org
What is the mission statement of People Power Initiatives Inc?
People Power Initiatives Inc is committed to carrying out charitable and educational programs and initiatives aimed at fostering and promoting economic and social justice. One of their initiatives is the Stamp Stampede, a national movement with over 136,000 members who legally stamp messages on dollars to protest big money in politics and voting barriers for minorities, students, disabled, and low-income individuals. The organization recruited 6,227 new members and maintained a bi-monthly newsletter providing important public education information about voting rights and campaign finance. Additionally, they managed a website to log reported sightings of stamped bills.
Official website here: www.stampstampede.org
Who is the CEO of People Power Initiatives Inc?
Ben Cohen is the President/Treas of People Power Initiatives Inc.
Official website here: www.stampstampede.org
What is the revenue of People Power Initiatives Inc?
People Power Initiatives Inc's revenue in 2022 was $844,548.
Official website here: www.stampstampede.org
Who are the executives of People Power Initiatives Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.stampstampede.org
Where can I find the form 990 for People Power Initiatives Inc?
People Power Initiatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stampstampede.org
Learn more at the official website: www.stampstampede.org
Mission Statement of People Power Initiatives Inc
People Power Initiatives Inc is devoted to advancing and advocating for economic and social justice through charitable and educational programs and initiatives. Their mission is multifaceted, encompassing the recruitment of members to participate in the Stamp Stampede movement, a national campaign aimed at legally stamping messages on currency as a form of protest against big money's influence in politics and barriers to voting for marginalized groups. This organization, with over 136,000 members, also maintains a bi-monthly newsletter that disseminates crucial information about voting rights and campaign finance. Additionally, People Power Initiatives Inc operates a website that logs reported instances of stamped bills, serving as a platform for documenting the movement's reach and impact.
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Impact
July, 2024
People Power Initiatives Inc's impact is significant in advancing economic and social justice through its charitable and educational programs. One of its prominent initiatives, the Stamp Stampede, has gathered a substantial following of over 136,000 members nationwide. These members are committed to using stamped messages on dollars as a form of protest against big money in politics and obstacles to voting for marginalized groups. The organization has successfully recruited thousands of new members, disseminated vital information through newsletters, and utilized an online platform to track stamped bill sightings. Through these efforts, People Power Initiatives Inc is actively contributing to the fight for civil rights and raising awareness on crucial issues affecting society.
This information is meant to be a general summary of People Power Initiatives 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: $897,476
Assets and Liabilities:
- Total Assets: $88,332
- Total Liabilities: $78,092
- Net Assets: $10,240
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Organization Details
Founding Year
2013
Phone
(802) 651-0193Principal Officer
Ben Cohen
Main Address
191 BANK STREET 3RD, BURLINGTON, VT, 05401
Website
www.stampstampede.orgNTEE Category
Code: R05 - Civil rights
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