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Grupo Versage

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

EIN: 611867981 ✦ Santa ana, CA ✦ Designated as a 501(c)(3)

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Overview

What is Grupo Versage?

Grupo Versage is a compassionate nonprofit organization situated in Santa Ana, California. Their primary mission is to empower children and teenagers struggling with low self-esteem by offering modeling classes. By participating in these classes, the young participants gain self-confidence and learn to believe in their abilities. The organization's goal is to help these individuals overcome their self-doubt, ultimately fostering personal growth and self-assurance.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 10%, Zero-Star out of Four Star Rating

Grupo Versage has received a very low rating of 10% from Charity Navigator, which translates to a Zero-Star rating. This score is solely based on the Accountability & Finance beacon, indicating significant concerns regarding its governance and financial practices. The absence of independent board members and missing key policies and documents suggests a lack of transparency and accountability within the organization.

The charity shows no material diversion of assets, which is a positive aspect, scoring full points in that area. However, its low program expense ratio of 16.26% indicates that a minimal portion of its funds is directed towards actual programming, raising questions about its operational efficiency and commitment to fulfilling its mission.

Overall, the significant deficiencies in governance practices, such as missing conflict of interest and whistleblower policies, along with the lack of key documentation available on its website, are major limitations that potential donors and stakeholders should consider. This combination of factors contributes to the organization's lack of credibility and may deter support from the public.


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

Is Grupo Versage legitimate?

Grupo Versage is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grupo Versage 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: $0

For more financial information, click here

What is the mission statement of Grupo Versage?

Grupo Versage, a nonprofit organization, focuses on conducting dance classes for children and teenagers battling low self-esteem. Its mission is to empower these individuals, helping them develop a stronger belief in themselves. By providing a supportive environment, Grupo Versage aims to build their confidence and self-worth, enabling them to face challenges with renewed resilience. The organization does not disclose its location in the provided information.

Who is the CEO of Grupo Versage?

Miguel Angel Vazquez Ramirez is the CEO of Grupo Versage The CEO's salary of Grupo Versage is $0 and their total compensation is $0.

What is the revenue of Grupo Versage?

Grupo Versage's revenue in 2024 was $24,390.

Who are the executives of Grupo Versage and what are their salaries?

There 3 volunteers at Grupo Versage.

Here are 3 key members and their salaries (Grupo Versage's CEO's salary is $0 and their total compensation is $0):


Miguel Angel Vazquez Ramirez (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maximiliano Ruiz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Gonzalez (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grupo Versage?

Grupo Versage's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Grupo Versage

Grupo Versage, a nonprofit organization, is dedicated to uplifting the self-esteem of children and teenagers who struggle with self-confidence. Through its unique approach, the group offers modeling classes. By engaging in these classes, the participants are encouraged to believe in themselves and their capabilities, ultimately fostering a positive self-image.

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Impact




August, 2024

Grupo Versage's impact is evident in the transformation of children and teenagers with low self-esteem who participate in their modeling classes. By providing a platform for these individuals to develop confidence and self-belief, Grupo Versage is empowering them to realize their potential and embrace their unique qualities. Through their mission of offering modeling classes, Grupo Versage is contributing to the personal growth and development of youth in Santa Ana, CA, ultimately equipping them with the skills and mindset needed to succeed in various aspects of their lives.




This information is meant to be a general summary of Grupo Versage. 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
$24,390 (2024)
Expenses
$24,925 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $24,390

Assets and Liabilities:

  • Total Assets: $1,828
  • Total Liabilities: $0
  • Net Assets: $1,828

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Organization Details

Founding Year

2017

Principal Officer

Miguel Angel Vasquez

NTEE Category

Code: O50 - Youth development

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