Overview
What is Profound Gentlemen Inc?
Profound Gentlemen Inc, based in Charlotte, North Carolina, is a nonprofit organization with a mission to foster a community of male educators of color who significantly contribute to the education and development of boys of color. With a dedicated workforce of eight individuals, this organization strives to create a profound impact by empowering educators and advocating for the educational success of boys from underrepresented backgrounds.
Official website here: www.profoundgentlemen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating
Profound Gentlemen Inc has received a Two-Star rating from Charity Navigator, indicating that while it shows some strengths, there are significant areas for improvement. The organization has a solid program expense ratio of 84.73%, demonstrating a commitment to utilizing funds effectively for its mission. Additionally, its culture and community score is notably high at 85, suggesting a positive organizational culture.
However, the nonprofit faces critical challenges in accountability and finance, scoring only 70%. The absence of independent board members and missing policies regarding conflict of interest and whistleblowing highlights governance issues that could impact its operations. Furthermore, the lack of available financial statements raises concerns about transparency and financial oversight.
Despite these limitations, Profound Gentlemen Inc demonstrates a positive working capital ratio of 1.85 years and no liabilities to assets, indicating financial stability. While the organization has a commendable equity strategies score of 85, addressing governance and transparency shortcomings is essential for improving its overall rating and fostering greater public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Profound Gentlemen Inc legitimate?
Profound Gentlemen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Profound Gentlemen 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $482,910
For more financial information, click here
Official website here: www.profoundgentlemen.org
What is the mission statement of Profound Gentlemen Inc?
Profound Gentlemen Inc aims to establish a community of male educators of color, who contribute significantly to the education and development of boys of color. This organization's mission is centered around fostering a profound impact in these young lives, thereby enhancing their overall growth and success. By building this community, Profound Gentlemen Inc aims to provide a supportive network for these educators, enabling them to share experiences, strategies, and resources, thereby strengthening their effectiveness in the classroom.
Official website here: www.profoundgentlemen.org
What is the revenue of Profound Gentlemen Inc?
Profound Gentlemen Inc's revenue in 2023 was $2,220,489.
Official website here: www.profoundgentlemen.org
Who are the executives of Profound Gentlemen Inc and what are their salaries?
The average compensation at Profound Gentlemen Inc during 2023 was $32,194. There are 15 employees at Profound Gentlemen Inc.
Here are 8 key members and their salaries:
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Official website here: www.profoundgentlemen.org
Where can I find the form 990 for Profound Gentlemen Inc?
Profound Gentlemen Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.profoundgentlemen.org
Learn more at the official website: www.profoundgentlemen.org
Mission Statement of Profound Gentlemen Inc
Profound Gentlemen Inc, an organization dedicated to making a significant impact, strives to establish a community of male educators of color. Their mission is centered around these educators having a profound influence on the lives of boys of color. By building this community, Profound Gentlemen Inc aims to contribute an additional layer of support and understanding to the educational journey of these boys, fostering a more inclusive and equitable learning environment.
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Impact
July, 2024
Profound Gentlemen Inc has a significant impact on boys of color by building a community of male educators who provide additional support and guidance. Through their work, they contribute to the positive development and empowerment of young boys in the community. Their focus on supporting male educators of color ensures that young boys have positive role models who understand their unique experiences and challenges. Overall, Profound Gentlemen Inc's impact is profound, enriching the lives of boys of color and fostering a supportive educational environment.
This information is meant to be a general summary of Profound Gentlemen 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 2023.
- Program Service Revenue: $9,439
- Gross Receipts: $2,220,489
Assets and Liabilities:
- Total Assets: $2,652,430
- Total Liabilities: -$54,646
- Net Assets: $2,707,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences
LEA Partnerships
Revenue
$6,085
Membership
Revenue
$3,354
Organization Details
Founding Year
2014
Principal Officer
Dylan Holmes
Website
www.profoundgentlemen.orgNTEE Category
Code: O50 - Youth development
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