Overview
What is The Wilson Paradox Foundation Inc?
The Wilson Paradox Foundation Inc is a nonprofit organization that plays a pivotal role in aiding other charitable entities. Their primary objective is to provide financial assistance through various programs, which in turn, support numerous charities and offer scholarships. By doing so, they contribute to the broader philanthropic landscape, offering valuable resources to deserving individuals and organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37%, Zero-Star out of Four Star rating
The Wilson Paradox Foundation Inc received a low rating due to its significant shortcomings in accountability and finance, scoring only 37% in this area. This score is primarily impacted by a low program expense ratio of 34.34%, indicating that a smaller portion of funds is directed towards its actual charitable activities. The organization has a majority of independent board members, which is a strength, but the overall performance reflects serious concerns.
While the foundation has established a conflict of interest policy and demonstrates effective governance with board meeting minutes, it falls short in several key areas. The absence of essential policies, such as a whistleblower policy and a website listing of their tax form, further diminishes transparency. Additionally, the organization's liabilities to assets ratio is concerning, signaling potential financial risks.
Overall, the foundation's high independence on the board is commendable, but the lack of proper fiscal management and transparency raises questions about its overall effectiveness and long-term viability. Donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Wilson Paradox Foundation Inc legitimate?
The Wilson Paradox Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wilson Paradox 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,505
For more financial information, click here
What is the mission statement of The Wilson Paradox Foundation Inc?
The Wilson Paradox Foundation, in its mission, aids in funding non-profit entities. It accomplishes this by implementing programs that provide assistance to charities and scholarships. The foundation's activities are geared towards supporting various non-profit organizations financially. By doing so, it contributes to the broader charitable sector, thereby facilitating the continuation of their respective missions.
Who is the CEO of The Wilson Paradox Foundation Inc?
James T Wilson is the President And Treasurer of The Wilson Paradox Foundation Inc.
What is the revenue of The Wilson Paradox Foundation Inc?
The Wilson Paradox Foundation Inc's revenue in 2022 was $0.
Who are the executives of The Wilson Paradox Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Wilson Paradox Foundation Inc?
The Wilson Paradox Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Wilson Paradox Foundation Inc
The Wilson Paradox Foundation Inc is an organization committed to aiding non-profit entities. Their mission is twofold: they provide financial assistance to these charities through various programs, and they offer scholarships as well. By supporting other non-profit organizations, The Wilson Paradox Foundation Inc contributes to the wider charitable sector, ensuring that these organizations can continue their valuable work. Additionally, the foundation also offers scholarships, providing educational opportunities for individuals who may otherwise struggle to afford higher education. By doing so, The Wilson Paradox Foundation Inc is not only helping non-profit entities but also investing in the future, nurturing the next generation of leaders and change-makers.
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Impact
October, 2024
The Wilson Paradox Foundation Inc plays a significant role in enhancing community welfare by providing essential financial support to various nonprofit entities. By funding programs that back charities and scholarships, the foundation amplifies the impact of these organizations, enabling them to reach more individuals in need. This assistance not only bolsters philanthropic efforts but also contributes to the growth of educational opportunities and resources for underserved populations.
Located in Marion, NC, the foundation's focus on collaboration and support allows it to create a ripple effect within the community, fostering a culture of giving and empowerment. By addressing specific needs through strategic funding initiatives, The Wilson Paradox Foundation Inc helps to cultivate a stronger, more resilient network of nonprofit services dedicated to making a positive difference in the lives of many.
This information is meant to be a general summary of The Wilson Paradox 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.
Assets and Liabilities:
- Total Assets: $380,817
- Total Liabilities: $0
- Net Assets: $380,817
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Organization Details
Founding Year
2007
Principal Officer
James T Wilson
Main Address
PO BOX 1087, MARION, NC, 28752
NTEE Category
Code: T00 - Philanthropy
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