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The Channel Inc

Channel To Brazil For Christ

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

EIN: 541726745 ✦ Newport news, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Channel Inc?

The Channel Inc, also known as Channel to Brazil for Christ, is a nonprofit organization located in Newport News, Virginia. With a small team of four dedicated individuals, they are committed to making a substantial impact in Fortaleza, Brazil. Their primary mission is to provide educational services and nutritious meals to underprivileged children aged 7 to 18 years. Despite the challenges posed by the COVID-19 pandemic, the organization demonstrated strong financial and operational leadership, ensuring the continuation of their life-changing initiatives for the children they serve. By offering educational support and meals, The Channel Inc aims to uplift and empower the community, contributing to a brighter future for the children in need.


Official website here: www.thechannel.org

Is The Channel Inc legitimate?

The Channel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Channel 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: $46,420
Professional Fundraising Fees: $248
Other Salaries and Wages: $50,672

For more financial information, click here


Official website here: www.thechannel.org

What is the mission statement of The Channel Inc?

The organization, known as The Channel Inc, is committed to providing educational services and nutritious meals to children who reside in poverty, between the ages of 7 and 18, in Brazil. Their primary mission is to make a positive impact on the lives of these children, ensuring they have access to both education and proper nutrition. The funds raised by The Channel Inc are utilized to provide approximately 6000 meals each month, in addition to paying the salaries of dedicated teachers who work with the students. During the challenging period of the COVID-19 pandemic, The Channel Inc demonstrated effective financial and operational leadership in Brazil, ensuring the continuity of their vital services.


Official website here: www.thechannel.org

Who is the CEO of The Channel Inc?

Marcondes Marques is the CEO of The Channel Inc The CEO's salary of The Channel Inc is $46,420 and their total compensation is $46,420.


Official website here: www.thechannel.org

What is the revenue of The Channel Inc?

The Channel Inc's revenue in 2023 was $280,042.


Official website here: www.thechannel.org

Who are the executives of The Channel Inc and what are their salaries?

The average compensation at The Channel Inc during 2023 was $19,418. There are 5 employees and 20 volunteers at The Channel Inc.

Here are 5 key members and their salaries (The Channel Inc's CEO's salary is $46,420 and their total compensation is $46,420):


Marcondes Marques (Chief Executive Officer)
  • Compensation: $46,420
  • Related: $0
  • Other: $0
Dr Ray Dail (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Lamb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merrill A Noble (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thechannel.org

Where can I find the form 990 for The Channel Inc?

The Channel Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thechannel.org

Learn more at the official website: www.thechannel.org

Mission Statement of The Channel Inc

The Channel Inc, a nonprofit organization, is committed to making a difference in the lives of children living in poverty. Their mission is centered around providing educational services and meals to children between the ages of 7 and 18. This mission is a beacon of hope, aiming to uplift and nourish the minds and bodies of these young individuals, empowering them to overcome the challenges they face. The organization's efforts extend beyond just education and nutrition, as they also ensure that teachers are adequately compensated for their role in shaping the future of these children. During the COVID-19 pandemic, The Channel Inc demonstrated strategic financial and operational leadership, ensuring that their mission continued to serve its purpose, providing 6000 meals per month to the children they support.

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Impact




October, 2024

The Channel Inc has significantly impacted the lives of children aged 7 to 18 living in poverty in Fortaleza, Brazil. By providing educational services and essential meals, the organization addresses critical needs in a community where such resources are often lacking.

With the capacity to serve 6,000 meals each month, The Channel Inc ensures that children have access to nutritious food, which is vital for their growth and academic performance. Additionally, the organization invests in quality education by funding salaries for teachers, enabling students to receive the instruction they need to thrive.

During the COVID pandemic, The Channel Inc demonstrated remarkable leadership and adaptability, maintaining its commitment to supporting vulnerable populations despite unprecedented challenges. This strategic approach has not only sustained their operations but also reinforced the importance of educational and nutritional support in fostering resilience within the community.

Overall, The Channel Inc plays a crucial role in empowering the future generation of Fortaleza, breaking the cycle of poverty through education and proper nutrition.




This information is meant to be a general summary of The Channel 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.

Revenue
$280,042 (2023)
Expenses
$268,394 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,124
  • Gross Receipts: $280,042

Assets and Liabilities:

  • Total Assets: $193,577
  • Total Liabilities: $21,377
  • Net Assets: $172,200

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Organization Details

Founding Year

1995

Principal Officer

Marcondes Marques

NTEE Category

Code: B99 - Education

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