Overview
What is 365 Media Foundation Inc?
365 Media Foundation Inc, based in Madison, Wisconsin, is a nonprofit organization that focuses on empowering young people of color through journalism. Their primary mission, as stated in their mission description, is to initiate meaningful conversations, propose lasting solutions, promote community building, inspire action, and support emerging leaders in the diverse communities of greater Madison. They achieve this goal by operating the Madison365 Academy, where they train young individuals in journalism and publish their work. This nonprofit organization reaches over half a million people every month with their community-focused content, fostering dialogue between various communities.
Official website here: www.madison365.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
365 Media Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 52%, the organization lacks a majority of independent board members and has failed to provide essential financial statements, which raises questions about transparency and governance.
On a more positive note, the foundation does exhibit a high program expense ratio of 98.67%, suggesting that nearly all of its expenses are directed towards its programs, which is a strong indicator of its commitment to fulfilling its mission. Additionally, the organization has no noted material diversion of assets and maintains a low liabilities to assets ratio, which reflects financial stability in those areas.
However, the absence of critical policies, including conflict of interest and whistleblower protections, along with no documentation of board meeting minutes, highlights significant governance shortcomings. These issues may hinder trust and confidence among stakeholders and potential donors, suggesting a need for improvement in organizational practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 365 Media Foundation Inc?
92% of 65 reviewers on Facebook recommend 365 Media Foundation Inc. Here is a summary of their reviews:
Many users appreciate the organization's commitment to promoting a diverse and inclusive community in Wisconsin. One reviewer highlighted how the website serves as a vibrant platform that showcases the state's strengths in fostering a non-racist, integrated environment. This positive sentiment reflects a strong appreciation for the nonprofit's mission and initiatives.
Overall, supporters feel that 365 Media Foundation Inc. effectively addresses important social issues and serves as a valuable resource for residents. The sense of community and the promotion of inclusivity resonate well with those engaged with the organization.
This AI summary has been generated from reviews found on Facebook.
Is 365 Media Foundation Inc legitimate?
365 Media Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 365 Media Foundation 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: $179,621
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,920
For more financial information, click here
Official website here: www.madison365.org
What is the mission statement of 365 Media Foundation Inc?
The 365 Media Foundation Inc, through its initiative Madison365, utilizes high-quality journalism to spark discussions, seek enduring solutions, foster community development, inspire action, and nurture emerging leaders within diverse communities of color. The organization aims to promote dialogue between different communities, working towards real and lasting change. The foundation also operates the Madison365 Academy, providing journalism training to young individuals from underrepresented communities, and produces content focused on community development, reaching over half a million people monthly.
Official website here: www.madison365.org
Who is the CEO of 365 Media Foundation Inc?
Unavailable The CEO's salary of 365 Media Foundation Inc is $179,621 and their total compensation is $179,621.
Official website here: www.madison365.org
What is the revenue of 365 Media Foundation Inc?
365 Media Foundation Inc's revenue in 2022 was $882,787.
Official website here: www.madison365.org
Who are the executives of 365 Media Foundation Inc and what are their salaries?
Here are 4 key members and their salaries (365 Media Foundation Inc's CEO's salary is $179,621 and their total compensation is $179,621):
- Compensation: $179,621
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.madison365.org
Where can I find the form 990 for 365 Media Foundation Inc?
365 Media Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madison365.org
Learn more at the official website: www.madison365.org
Mission Statement of 365 Media Foundation Inc
365 Media Foundation, through its initiative Madison365, employs high-quality journalism to initiate discussions, pursue sustainable solutions, foster a sense of community, inspire action, and nurture emerging leaders within greater Madison's diverse communities. By doing so, the organization aims to promote dialogue between various cultural groups.
In line with its mission, 365 Media Foundation launched the Madison365 Academy, a program designed to train young individuals of color in journalism. These trainees subsequently publish their work, contributing to the organization's community-focused content. This content reaches an audience of over half a million people each month, thereby amplifying diverse voices and perspectives.
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Impact
July, 2024
365 Media Foundation Inc's impact is evident through their use of excellent journalism to start conversations, find real and lasting solutions, build community, invite action, and encourage emerging leaders in greater Madison's communities of color. With initiatives like the Madison365 academy, they are training young people of color in journalism and publishing their work. Additionally, their community-focused content reaches more than 500,000 people each month, fostering dialogue between members of diverse communities and promoting civil rights.
This information is meant to be a general summary of 365 Media Foundation 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.
- Program Service Revenue: $77,505
- Gross Receipts: $882,787
Assets and Liabilities:
- Total Assets: $536,282
- Total Liabilities: $15,299
- Net Assets: $520,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event
Revenue
$77,505
Service
Organization Details
Phone
(608) 334-7829Main Address
PO Box 842, Madison, WI, 53701
Website
www.madison365.orgNTEE Category
Code: R22 - Civil rights
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