Overview
What is Society For International Development Sid?
Society for International Development (SID) Sid is a nonprofit organization based in Washington, D.C., specifically at S Prato - SID 2300 N St NW St 350. Their primary mission involves promoting education and scientific contributions to development issues. They strive to foster a sense of community among individuals and organizations dedicated to development at the local, national, regional, and international levels. SID Sid encourages dialogue, understanding, and cooperation for social and economic development that benefits all peoples and contributes to a more equitable international system. They also advance the science, processes, and art of development through research, publication, and discussion. Additionally, SID Sid provides support and services for national development constituencies to facilitate these objectives. In the context of financing for development, SID Sid coordinates the global civil society platform, contributing to the official finance for development dialogue process.
Official website here: www.sidint.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
The Society for International Development has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scored 77% in its overall assessment, primarily driven by its strong governance practices. Notably, it boasts a fully independent board and has established comprehensive policies for conflict of interest and whistleblower protection.
Strengths of the Society for International Development include a high program expense ratio, with approximately 78.87% of its expenditures directed towards its mission-related activities. Additionally, the charity demonstrates good transparency through its documented board meeting minutes and clearly listed financial statements. These factors contribute positively to the organization's reputation among stakeholders.
However, the charity's overall score is impacted by a concerning liabilities to assets ratio of 166.31%, which indicates potential financial risk. While the organization showcases strong accountability measures, addressing this financial aspect could enhance its stability and further strengthen donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Society For International Development Sid legitimate?
Society For International Development Sid is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For International Development Sid 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: $144,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $423,402
For more financial information, click here
Official website here: www.sidint.org
What is the mission statement of Society For International Development Sid?
The Society for International Development Sid's mission is centered around promoting education and scientific contributions to development issues. Specifically, it aims to:
1. Foster a sense of community among individuals and organizations dedicated to development at various levels globally.
2. Encourage international dialogue, understanding, and cooperation for social and economic development that enhances the well-being of all peoples and fosters a more equitable international system.
3. Advance the science, processes, and art of social and economic development through research, publication, and discussion.
4. Provide support and services to national development constituencies that facilitate these objectives.
In essence, the Society for International Development Sid works towards strengthening the global development community, promoting dialogue and cooperation, and increasing knowledge in the field of development through research and education.
Official website here: www.sidint.org
Who is the CEO of Society For International Development Sid?
Stefano Prato is the Exec Director/Ceo of Society For International Development Sid. The CEO's salary of Society For International Development Sid is $0 and their total compensation is $72,335.
Official website here: www.sidint.org
What is the revenue of Society For International Development Sid?
Society For International Development Sid's revenue in 2022 was $1,439,568.
Official website here: www.sidint.org
Who are the executives of Society For International Development Sid and what are their salaries?
Here are 12 key members and their salaries (Society For International Development Sid's CEO's salary is $0 and their total compensation is $72,335):
- Compensation: $0
- Related: $0
- Other: $116,805
- Compensation: $0
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- Other: $72,335
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.sidint.org
Where can I find the form 990 for Society For International Development Sid?
Society For International Development Sid's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sidint.org
Learn more at the official website: www.sidint.org
Mission Statement of Society For International Development Sid
The Society for International Development Sid, in its mission, focuses on promoting education and scientific contributions to development issues. This nonprofit organization aims to facilitate a sense of community among individuals and organizations dedicated to development at various levels, locally, nationally, regionally, and internationally. It encourages dialogue, understanding, and cooperation for social and economic development that fosters the well-being of all peoples and promotes a more equitable international system of relations.
Furthermore, the Society for International Development Sid advances the science, processes, and art of social and economic development through educational means such as research, publication, and discussion. The organization offers support and services to national development constituencies, which in turn, help facilitate these objectives. By doing so, the Society for International Development Sid contributes significantly to the global development discourse, encouraging collaboration and knowledge sharing among like-minded individuals and organizations.
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Impact
July, 2024
Society For International Development SID has a significant impact on global development issues. It works to foster a sense of community among individuals and organizations dedicated to development at various levels. Additionally, SID promotes international dialogue and cooperation for social and economic development, aiming to improve the well-being of all people and create a more equitable international system. Through educational initiatives, research, and discussions, SID advances the science and art of social and economic development. Moreover, the organization provides support and services to national development constituencies to facilitate these objectives. The work of SID in financing for development, particularly in coordinating civil society platforms for official dialogues, contributes to shaping global development agendas and policies. Overall, SID plays a crucial role in driving positive change and progress in international development efforts.
This information is meant to be a general summary of Society For International Development Sid. 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: $3,646
- Program Service Revenue: $1,185,138
- Gross Receipts: $1,439,568
Assets and Liabilities:
- Total Assets: $1,410,592
- Total Liabilities: $2,346,043
- Net Assets: -$935,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Futures Programme
Revenue
$41,097
Tanzania Competitiveness study
Revenue
$47,991
Next generation futures
Revenue
$14,320
Financing for development
Revenue
$815,414
Nexus Programme
Revenue
$266,316
Organization Details
Founding Year
1958
Phone
(396) 487-2172Principal Officer
Stefano Prato
Main Address
S Prato - SID 2300 N St NW St 350, Washington, DC, 20037
Website
www.sidint.orgNTEE Category
Code: Q300 - International
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