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Good Friends Usa Inc

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

EIN: 593799414 ✦ Beltsville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Good Friends Usa Inc?

Good Friends Usa Inc, based in Beltsville, Maryland, is a nonprofit organization with a single employee. Their primary focus is on advocating for peace and human rights, particularly the well-being of refugees and displaced persons in Asia and beyond. They accomplish this mission by engaging in regular meetings and conferences with interested groups, fostering dialogue about Buddhist's Dharma. The organization's activities aim to promote peace and human rights, providing a platform for discussion and potential action to support those in need.


Official website here: www.goodfriendsusa.blogspot.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 25%

Good Friends USA Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score reflects very low performance in several key areas, particularly in governance, where the organization lacks independent board members and policies that promote transparency and integrity.

The charity exhibits some strengths, such as having no material diversion of assets and maintaining documented board meeting minutes. However, the absence of a conflict of interest policy, whistleblower policy, and document retention policy raises red flags about its operational practices. Furthermore, the organization does not post its tax form on its website, which hampers transparency.

Financially, Good Friends USA Inc has a program expense ratio of just 14.40%, signaling that a minimal portion of its expenditures supports its mission-driven programs. The liabilities to assets ratio of 57.50% suggests a moderate level of financial risk. Overall, the rating indicates that potential donors should exercise caution and thoroughly investigate the organization's practices before contributing.


This AI summary has been generated from information found on Charity Navigator.

Is Good Friends Usa Inc legitimate?

Good Friends Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Friends Usa 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: $22,461

For more financial information, click here


Official website here: www.goodfriendsusa.blogspot.com

What is the mission statement of Good Friends Usa Inc?

Good Friends USA Inc is dedicated to actively promoting peace and human rights, with a particular focus on the well-being of refugees and displaced persons in Asia and beyond. Their mission involves implementing these ideals, aiming to make a positive impact in these communities. The organization regularly holds conferences and meetings with interest groups to disseminate information and foster discussions about their activities, as well as Buddhism's Dharma dialogue.


Official website here: www.goodfriendsusa.blogspot.com

Who is the CEO of Good Friends Usa Inc?

Soon Young Min is the President/Di of Good Friends Usa Inc.


Official website here: www.goodfriendsusa.blogspot.com

What is the revenue of Good Friends Usa Inc?

Good Friends Usa Inc's revenue in 2022 was $51,175.


Official website here: www.goodfriendsusa.blogspot.com

Who are the executives of Good Friends Usa Inc and what are their salaries?

The average compensation at Good Friends Usa Inc during 2022 was $22,461. There is 1 employee at Good Friends Usa Inc.


Here are 4 key members and their salaries:


Pomnyun Suk Ho Choi (President/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yusoo Suk Woo Jeng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ji Hyun Kim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soon Young Min (Secretary/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goodfriendsusa.blogspot.com

Where can I find the form 990 for Good Friends Usa Inc?

Good Friends Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goodfriendsusa.blogspot.com

Learn more at the official website: www.goodfriendsusa.blogspot.com

Mission Statement of Good Friends Usa Inc

Good Friends USA Inc is dedicated to actively promoting peace, human rights, and the well-being of refugees and displaced individuals, not just in Asia but globally. The organization's mission is centered around ensuring the welfare of these vulnerable groups, demonstrating a strong commitment to this cause. By engaging in regular meetings and conferences with various interest groups, Good Friends USA Inc fosters dialogue based on Buddhist teachings, contributing to a broader understanding of these principles and their potential application in addressing societal challenges. The organization's efforts are aimed at creating a more equitable and peaceful world for refugees and displaced people, demonstrating a compassionate and proactive approach to humanitarian issues.

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Impact




August, 2024

Good Friends Usa Inc's impact is centered around actively promoting peace, human rights, and the well-being of refugees and displaced persons in Asia and beyond. Through conferences, regular meetings with interest groups, and Buddhist Dharma dialogue, the organization works towards the implementation of these values. Based in Beltsville, MD, Good Friends Usa Inc is committed to advocating for civil rights and creating a positive impact on marginalized communities.




This information is meant to be a general summary of Good Friends Usa 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
$51,175 (2022)
Expenses
$49,952 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $51,175

Assets and Liabilities:

  • Total Assets: $565,958
  • Total Liabilities: $325,463
  • Net Assets: $240,495

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Organization Details

Founding Year

2004

Principal Officer

Soon Young Min

Main Address

4361 AITCHESON RD, BELTSVILLE, MD, 20705

NTEE Category

Code: R99 - Civil rights

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