Overview
What is The Monkey And The Elephant?
The Monkey and the Elephant is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 2831 WEST GIRARD AVE. Their primary mission is to offer vocational training and employment opportunities in a cafe setting for former foster youth. This includes providing hands-on experience, mentoring, and skill-building workshops. The organization aims to empower these young individuals and equip them with essential life skills, ultimately helping them to become self-sufficient adults. The nonprofit employs a team of 15 dedicated individuals to carry out its mission.
Official website here: www.themonkeyandtheelephnat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning a Two-Star out of Four Star rating.
The Monkey And The Elephant has been assessed with a 63% rating, reflecting a need for improvement in accountability and financial practices. While the organization scores well in areas like having an independent board and no material asset diversion, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and documentation retention, which are crucial for transparency and governance.
The organization demonstrates a solid program expense ratio at 69.23%, indicating that a significant portion of its budget is allocated toward its programs. However, its liabilities to assets ratio of 66.59% raises concerns about financial stability. Overall, while there are strengths in governance structure, the absence of key policies and higher liabilities suggest areas that warrant attention for better operational health and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is The Monkey And The Elephant legitimate?
The Monkey And The Elephant is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Monkey And The Elephant 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: $84,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,433
For more financial information, click here
Official website here: www.themonkeyandtheelephnat.org
What is the mission statement of The Monkey And The Elephant?
The organization, The Monkey and the Elephant, is dedicated to providing vocational training and employment opportunities in a cafe setting for former foster youth. They offer hands-on experience, coupled with mentoring and skill-building workshops, aiming to equip these individuals with the necessary skills for future employment. Their mission is centered around empowering these young adults, helping them navigate the workforce and build a sustainable future.
Official website here: www.themonkeyandtheelephnat.org
What is the revenue of The Monkey And The Elephant?
The Monkey And The Elephant's revenue in 2024 was $580,842.
Official website here: www.themonkeyandtheelephnat.org
Who are the executives of The Monkey And The Elephant and what are their salaries?
The average compensation at The Monkey And The Elephant during 2024 was $18,586. There are 18 employees and 98 volunteers at The Monkey And The Elephant.
Here are 14 key members and their salaries:
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Official website here: www.themonkeyandtheelephnat.org
Where can I find the form 990 for The Monkey And The Elephant?
The Monkey And The Elephant's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.themonkeyandtheelephnat.org
Learn more at the official website: www.themonkeyandtheelephnat.org
Mission Statement of The Monkey And The Elephant
The Monkey and the Elephant, a nonprofit organization, is dedicated to providing hands-on vocational training and employment experience in a cafe setting for former foster youth. By offering this unique opportunity, the organization aims to equip these young individuals with practical skills and work experience, thereby enhancing their employability and independence. Additionally, The Monkey and the Elephant provides mentoring and skill-building workshops to further empower these former foster youth, helping them to overcome any challenges they may face in their professional journey.
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Impact
July, 2024
The Monkey And The Elephant provides vital support and opportunities for former foster youth in Philadelphia, PA. By offering hands-on vocational training and employment experience in a cafe setting, this organization empowers these young individuals to gain valuable skills and confidence for their future endeavors. Through mentoring and skill-building workshops, The Monkey And The Elephant not only helps in creating job opportunities but also facilitates personal growth and development. This impactful work contributes to breaking the cycle of disadvantage and empowers these individuals to build a brighter future for themselves.
This information is meant to be a general summary of The Monkey And The Elephant. 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 2024.
- Investment Income: $112
- Program Service Revenue: $88,687
- Gross Receipts: $580,842
Assets and Liabilities:
- Total Assets: $395,342
- Total Liabilities: $28,800
- Net Assets: $366,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COFFEE SHOP REVENUE, NET
Revenue
$88,687
Organization Details
Founding Year
2013
Principal Officer
Kamal Marell
NTEE Category
Code: J99 - Employment
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