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Committee To Unleash Prosperit

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473514328 ✦ Potomac, MD ✦ Designated as a 501(c)(3)

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Overview

What is Committee To Unleash Prosperit?

The Committee To Unleash Prosperit is a nonprofit organization located at 9008 Belmart Rd, Potomac, Maryland. Their primary mission is to educate influential figures in business, politics, and media about enhancing economic growth. They aim to enlighten these leaders on strategies and initiatives that can foster prosperity and stimulate the economy. Their goal is to serve as a catalyst for positive change, driving growth and development in the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Committee To Unleash Prosperity has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization has some strengths, significant areas require attention. The overall score of 62% reflects a strong commitment to accountability and finance, earning a perfect score in that category. However, the lack of independent board members and missing financial statements raise concerns about governance practices.

Strengths of the organization include a high program expense ratio of 96.41%, suggesting efficient use of funds towards its mission. Additionally, the organization has a favorable liabilities to assets ratio, demonstrating financial stability. However, the absence of policies related to conflicts of interest, whistleblower protections, and document retention indicates a need for improved governance and transparency.

The organization’s fundraising efficiency is notably weak, with a ratio of $0.00, which may hinder its ability to sustain operations over the long term. Furthermore, the lack of publicly accessible financial documentation and board meeting minutes may limit stakeholder confidence. Overall, while Committee To Unleash Prosperity has operational strengths, significant improvements in governance and transparency are essential for enhancing trust and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Committee To Unleash Prosperit legitimate?

Committee To Unleash Prosperit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Committee To Unleash Prosperit 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: $0

For more financial information, click here

What is the mission statement of Committee To Unleash Prosperit?

The Committee to Unleash Prosperity has a mission to educate influential figures from the business, political, and media sectors about fostering economic growth. Their objective is to enlighten these leaders on strategies and initiatives that can stimulate economic expansion. The committee aims to serve as a knowledge resource, providing insights and perspectives that can guide policy-making and business strategies to drive economic growth.

Who is the CEO of Committee To Unleash Prosperit?

Stephen Moore is the Chairman of Committee To Unleash Prosperit.

What is the revenue of Committee To Unleash Prosperit?

Committee To Unleash Prosperit's revenue in 2022 was $2,525,854.

Who are the executives of Committee To Unleash Prosperit and what are their salaries?


Here are 5 key members and their salaries:


Stephen Moore (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Weiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Brande (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Childs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Committee To Unleash Prosperit?

Committee To Unleash Prosperit's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Committee To Unleash Prosperit

The Committee to Unleash Prosperity, as a nonprofit organization, is dedicated to enlightening influential figures in the business, political, and media sectors about the strategies that can foster economic growth. Their mission is to serve as a catalyst for knowledge dissemination, empowering these leaders to contribute positively to the economic landscape. By educating these individuals, the Committee to Unleash Prosperity aims to stimulate discussions and implement policies that can potentially drive growth and prosperity.

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Impact




July, 2024

The Committee to Unleash Prosperity's impact lies in its mission to educate business, political, and media leaders about increasing economic growth. Through this initiative, the organization aims to influence decision-makers and promote policies that can lead to economic prosperity. By engaging with key stakeholders and promoting discussions around pro-growth policies, the Committee to Unleash Prosperity plays a crucial role in shaping the economic landscape and driving positive change.




This information is meant to be a general summary of Committee To Unleash Prosperit. 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.

Revenue
$2,525,854 (2022)
Expenses
$2,186,627 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $294
  • Gross Receipts: $2,525,854

Assets and Liabilities:

  • Total Assets: $5,987,194
  • Total Liabilities: $15,182
  • Net Assets: $5,972,012

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Organization Details

Founding Year

2017

Principal Officer

Stephen Moore

Main Address

9008 BELMART RD, POTOMAC, MD, 20854

NTEE Category

Code: W24 - Public benefit

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