Overview
What is Proveg International Inc?
Proveg International Inc, based in Washington D.C., is a dedicated nonprofit organization committed to promoting plant-based and cultivated food alternatives as a replacement for 50% of animal products globally by 2040. They believe in the potential of these alternatives to benefit both humans, animals, and the environment. To achieve their mission, Proveg International engages in various activities such as education, advocacy, grant distribution, policy development, and awareness campaigns. They have allocated grants to over 140 organizations in 55 countries, contributing to their goal of reducing global animal consumption. With a team of seven dedicated individuals, Proveg International continues to drive change and promote a more sustainable food system.
Official website here: www.proveg.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Proveg International Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 90% overall, with the entire score derived from its accountability and finance metrics, indicating a solid financial foundation. This rating suggests that Proveg operates transparently and responsibly, making it a reliable option for potential donors.
The nonprofit excels in several key areas, including governance, financial oversight, and operational efficiency. Proveg boasts a fully independent board, strong financial statements, and no material diversion of assets. Additionally, the organization demonstrates high program expense ratios and remarkable fundraising efficiency, showcasing its dedication to maximizing the impact of donations.
However, there is a noted limitation regarding the size of the independent board members, with only four members present. Moreover, the absence of certain policies like document retention and destruction may indicate areas for improvement in governance practices. Overall, Proveg International Inc presents a compelling case for support, backed by high accountability standards and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Proveg International Inc legitimate?
Proveg International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proveg International 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: $56,551
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,435
For more financial information, click here
Official website here: www.proveg.com
What is the mission statement of Proveg International Inc?
Proveg International Inc's mission is centered around promoting the consumption of delicious and healthier food options that are beneficial for humans, animals, and the environment. They aim to achieve this by reducing global animal product consumption by half by 2040. To accomplish this, Proveg International engages in various activities such as education, advocacy, grant provision, policy development, and awareness campaigns. Their goal is to replace 50% of animal products globally with plant-based and cultivated alternatives. To support this mission, Proveg International offers funding to diet-change organizations and projects through their grant program. As of now, they have allocated grants in over 55 different countries.
Official website here: www.proveg.com
Who is the CEO of Proveg International Inc?
Dawn Moncrief is the Board Chair/President And Treasurer of Proveg International Inc.
Official website here: www.proveg.com
What is the revenue of Proveg International Inc?
Proveg International Inc's revenue in 2022 was $4,848,403.
Official website here: www.proveg.com
Who are the executives of Proveg International Inc and what are their salaries?
The average compensation at Proveg International Inc during 2022 was $34,712. There are 7 employees and 4 volunteers at Proveg International Inc.
Here are 5 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: $55,529
- Related: $0
- Other: $1,022
Official website here: www.proveg.com
Where can I find the form 990 for Proveg International Inc?
Proveg International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.proveg.com
Learn more at the official website: www.proveg.com
Mission Statement of Proveg International Inc
Proveg International, a nonprofit organization, is dedicated to promoting a shift in food choices globally. Their mission is to encourage the consumption of plant-based and cultivated foods, aiming to replace half of the animal products currently in use by 2040. This initiative is driven by the belief that such a transition would benefit both humans and animals, as well as the environment. Proveg International achieves this mission through various strategies, including education, advocacy, grant distribution, policy development, and awareness campaigns. They provide funding to organizations and projects that align with their mission, having allocated over 140 grants in 55 different countries thus far. The ultimate goal of Proveg International is to contribute to a healthier, more sustainable, and compassionate food system.
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
Proveg International Inc's impact lies in its mission to help everyone make the choice of delicious and healthy food that benefits all humans, animals, and the planet. By aiming to reduce the global consumption of animals by 50% by 2040, Proveg is actively working towards a more sustainable and ethical future for the food industry. Through initiatives such as Proveg Grants, the organization supports diet-change organizations and projects around the world, promoting the shift towards plant-based and cultivated alternatives. With 140 grants already allocated in 55 different countries, Proveg International Inc is making a tangible impact on a global scale.
This information is meant to be a general summary of Proveg International 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: $19,231
- Program Service Revenue: $315,323
- Gross Receipts: $4,848,403
Assets and Liabilities:
- Total Assets: $5,874,075
- Total Liabilities: $39,579
- Net Assets: $5,834,496
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.
PROGRAM SERVICE INCOME
Revenue
$315,323
Organization Details
Founding Year
2014
Phone
(202) 301-9546Principal Officer
Dawn Moncrief
Main Address
712 H STREET NE 2123, WASHINGTON, DC, 20002
Website
www.proveg.comNTEE Category
Code: K01 - Food
If you are a representative of Proveg International 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.