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Msworld Inc

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

EIN: 650803842 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Msworld Inc?

Msworld Inc, situated in Sarasota, Florida, is a dedicated nonprofit organization that focuses on providing a supportive online community for individuals affected by Multiple Sclerosis (MS). Their mission is to combat the isolation felt when diagnosed with MS, offering a platform for group therapy and information exchange. Msworld Inc. boasts a committed team of volunteers who moderate live chats, message boards, and various resources, ensuring a safe and beneficial online environment for individuals with MS. Their activities primarily revolve around fostering a community, sharing resources, and utilizing new technologies to aid people living with MS, thereby enhancing their quality of life.


Official website here: www.msworld.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star rating)

Msworld Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall operations and accountability. The organization has a solid program expense ratio of 84.63%, suggesting that a significant portion of its expenses is directed toward its mission-related activities. Additionally, it has maintained a strong liability to assets ratio, which reflects good financial health.

However, there are several areas where Msworld Inc falls short, particularly regarding governance and accountability practices. The organization lacks essential policies, including a conflict of interest policy, whistleblower policy, and document retention policy, which impacts its score in the Accountability & Finance category. Furthermore, while the board consists of a majority of independent members, the overall size of the independent board is limited, which could affect the diversity of perspectives in decision-making.

These deficiencies highlight areas where Msworld Inc can enhance its governance framework to improve transparency and trust with donors and stakeholders. Addressing these issues could potentially elevate its rating and better position the nonprofit to fulfill its mission effectively.


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

Is Msworld Inc legitimate?

Msworld Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msworld 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.msworld.org

What is the mission statement of Msworld Inc?

Msworld Inc's mission is centered around addressing the isolation felt by individuals diagnosed with Multiple Sclerosis (MS) and providing support through group therapy. The organization aims to create a global online community for people with MS, offering a safe, informative, and useful platform where they can connect, share experiences, and gain valuable resources. Msworld Inc's mission is driven by a well-trained team of volunteers who moderate live chats, message boards, and other resources to ensure a secure and beneficial online environment. The organization's primary goal is to enhance the quality of life for individuals with MS through an active community, shared resources, and the use of innovative technologies.


Official website here: www.msworld.org

Who is the CEO of Msworld Inc?

Michael R Pender Jr is the President of Msworld Inc.


Official website here: www.msworld.org

What is the revenue of Msworld Inc?

Msworld Inc's revenue in 2023 was $1,970.


Official website here: www.msworld.org

Who are the executives of Msworld Inc and what are their salaries?

The average compensation at Msworld Inc during 2023 was $36,000. There is 1 employee at Msworld Inc.


Here are 3 key members and their salaries:


Kathleen Wilson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Pender Jr (Treasurer, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lashley (Vice President)
  • Compensation: $36,000
  • Related: $0
  • Other: $0


Official website here: www.msworld.org

Where can I find the form 990 for Msworld Inc?

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


Official website here: www.msworld.org

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

Mission Statement of Msworld Inc

Msworld Inc, a nonprofit organization, is dedicated to addressing the isolation felt by individuals diagnosed with Multiple Sclerosis (MS). Their mission is twofold: to provide a supportive community for those living with MS, as well as those who are recovering or supporting someone with the condition. This is achieved through the organization's primary activity, which involves offering group therapy sessions.

The core focus of Msworld Inc is to create a safe, informative, and enjoyable online space for people with MS. By leveraging a global internet community, the organization aims to foster connections among its members, allowing them to share experiences, ideas, and resources. This shared environment is designed to help individuals living with MS maintain a positive quality of life, even in the face of their condition. Msworld Inc's team of well-trained volunteers moderates live chats, message boards, and other resources to ensure a safe and useful online community for its members.

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Impact




August, 2024

Msworld Inc has a significant impact on individuals living with Multiple Sclerosis (MS) by providing a global online community for support and resources. They aim to end the isolation that often comes with an MS diagnosis and offer group therapy for those affected by the disease. Through their online platform, Msworld Inc creates a safe, informative, and engaging space for people with MS to connect, share experiences, and access valuable resources to help them navigate life with the condition. By maintaining a team of trained volunteers to moderate discussions and provide support, Msworld Inc plays a vital role in improving the quality of life for those living with MS. Their use of technology to assist individuals with MS demonstrates a commitment to leveraging innovative solutions for community building and empowerment in the face of this challenging disease.




This information is meant to be a general summary of Msworld 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
$1,970 (2023)
Expenses
$86,799 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $177
  • Gross Receipts: $1,970

Assets and Liabilities:

  • Total Assets: $120,320
  • Total Liabilities: $0
  • Net Assets: $120,320

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Organization Details

Founding Year

1998

Principal Officer

Michael R Pender Jr

Main Address

2381 FRUITVILLE ROAD, SARASOTA, FL, 34237

NTEE Category

Code: P80 - Human services

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