Overview
What is Wings Over Memphis Inc?
Wings Over Memphis Inc, located at 1896 Peabody Avenue, Ste 8, Memphis, Tennessee 38104, is a charitable organization with a mission to support local 501(C)(3) organizations. Their primary goal is to collect funds and distribute them to these qualified charities working within their community. The organization is dedicated to making a positive impact in their local area through its philanthropic activities.
Official website here: www.worldwingfest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (49%)
Wings Over Memphis Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns in its accountability and finance practices. The overall score is based solely on accountability and finance metrics, where the organization scored 49%. While the charity does receive full credit for having a majority of independent board members and no material diversion of assets, it has notable deficiencies in essential policies, which raises questions about its governance.
The lack of a conflict of interest policy, whistleblower policy, and document retention policy all contributed to the low score, reflecting potential vulnerabilities in operational integrity. Additionally, the organization’s liabilities to assets ratio is alarmingly high at 2712.86%, suggesting financial instability which could impact its ability to fulfill its mission effectively.
On a positive note, the charity does allocate a majority of its expenses toward programs, as evidenced by a program expense ratio of 60.66%. However, the overall financial health and governance issues highlighted by the rating underscore the need for improvement in transparency and accountability for Wings Over Memphis Inc.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wings Over Memphis Inc?
92% of 86 reviewers on Facebook recommend Wings Over Memphis Inc. Here is a summary of their reviews:
Many reviewers highlight the enjoyable atmosphere at the events hosted by the nonprofit, expressing appreciation for both the food and the overall environment. The positive comments depict a sense of community and camaraderie among attendees.
Additionally, users commend the organization for successfully creating engaging events that bring people together, fostering a strong connection to the cause they support. Overall, the sentiment is favorable, indicating that Wings Over Memphis Inc. delivers a fulfilling experience to its audience.
This AI summary has been generated from reviews found on Facebook.
Is Wings Over Memphis Inc legitimate?
Wings Over Memphis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wings Over Memphis 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: $1,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.worldwingfest.com
What is the mission statement of Wings Over Memphis Inc?
Wings Over Memphis Inc is established with a charitable purpose, dedicated to raising funds and making distributions to organizations that qualify as 501(C)(3) charities, working within the local community. Their mission is centered around supporting these charitable organizations, aiming to make a positive impact in their respective fields. By doing so, they contribute to various causes that benefit the local community.
Official website here: www.worldwingfest.com
Who is the CEO of Wings Over Memphis Inc?
Paul J Gagliano is the President of Wings Over Memphis Inc.
Official website here: www.worldwingfest.com
What is the revenue of Wings Over Memphis Inc?
Wings Over Memphis Inc's revenue in 2022 was $2,570.
Official website here: www.worldwingfest.com
Who are the executives of Wings Over Memphis Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $1,150
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.worldwingfest.com
Where can I find the form 990 for Wings Over Memphis Inc?
Wings Over Memphis Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worldwingfest.com
Learn more at the official website: www.worldwingfest.com
Mission Statement of Wings Over Memphis Inc
Wings Over Memphis Inc, a charitable organization, is dedicated to raising funds and making distributions to locally-based 501(C)(3) organizations. Their mission is centered around supporting charities within their community. By raising funds and making distributions, Wings Over Memphis Inc aims to contribute to the betterment of various causes and initiatives operated by these qualifying nonprofits. The organization's commitment to charitable purposes is evident in its mission to support local charities and contribute to the wellbeing of their community.
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Impact
August, 2024
Wings Over Memphis Inc's impact can be seen in its dedication to raising funds and making distributions to organizations that work as charities for the local area. By focusing on supporting 501(c)(3) organizations, this initiative plays a crucial role in addressing community needs and promoting philanthropy within Memphis, TN. Through its charitable mission, Wings Over Memphis Inc contributes to enhancing the well-being and quality of life for individuals and communities in need, making a positive difference in the local area.
This information is meant to be a general summary of Wings Over Memphis 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: $1
- Gross Receipts: $5,735
Assets and Liabilities:
- Total Assets: $2,208
- Total Liabilities: $59,900
- Net Assets: -$57,692
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Organization Details
Founding Year
2016
Phone
(901) 949-2596Principal Officer
Paul J Gagliano
Main Address
1896 PEABODY AVENUE STE 8, MEMPHIS, TN, 381044044
Website
www.worldwingfest.comNTEE Category
Code: T12 - Philanthropy
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