Overview
What is Fellowship Open Inc?
Fellowship Open Inc is a nonprofit organization situated in Thiensville, Wisconsin. Their primary objective is to inspire and aid young individuals in realizing their aspirations, particularly in the realm of business. Their activities encompass various aspects of youth development, including arts, technology, job skills, and job readiness. Technology plays a significant role in their mission. They achieve this goal through mentoring programs, where young people engage with business and civic leaders, gaining insights into potential careers and learning valuable skills such as job interviewing and effective workplace conduct. In addition, Fellowship Open serves as a fiduciary agent for the MKE Fellows and supports organizations that significantly impact the lives of low-income youth in the Milwaukee area.
Official website here: www.fellowshipopen.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Stars)
Fellowship Open Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some level of accountability and transparency, there are significant areas needing improvement. The charity has a strong score for having an independent board, with 100% of its members classified as independent, and it has not reported any material diversion of assets. However, the organization struggles with financial reporting, particularly with missing financial statements.
The charity's financial health is reflected by its liabilities to assets ratio of 20.35%, which is a positive indicator of its stability. Nonetheless, the program expense ratio stands at 59.58%, suggesting that a significant portion of its expenses may not be directed towards programs. This raises concerns about the overall effectiveness of the charity in fulfilling its mission.
Additionally, the organization lacks key governance policies, including a whistleblower policy and a document retention and destruction policy. It also fails to post its tax form on its website, which detracts from its overall transparency. Improved financial reporting and the establishment of necessary governance policies could enhance its rating and effectiveness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Fellowship Open Inc legitimate?
Fellowship Open Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fellowship Open 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: $0
For more financial information, click here
Official website here: www.fellowshipopen.com
What is the mission statement of Fellowship Open Inc?
Fellowship Open Inc's mission is centered around supporting organizations that significantly impact the lives of low-income youth in various communities. The principal objective of Fellowship Open is to back organizations that demonstrate tangible improvements in the lives of these youth. The organization encourages young individuals to pursue their dreams, particularly in the realm of business. The activities supported by Fellowship Open encompass various aspects of youth development, including the arts, technology, job skills, and job readiness. Technology plays a significant role in the mission of Fellowship Open. One of the ways the organization helps young people explore opportunities is through a series of mentoring programs. During events like golf outings, young people have the chance to interact with business and civic leaders, gaining inspiration from their experiences and learning about potential careers. Fellowship Open acts as a fiduciary agent for the MKE Fellows.
Official website here: www.fellowshipopen.com
Who is the CEO of Fellowship Open Inc?
John W Daniels Jr is the Chairman/Director of Fellowship Open Inc. The CEO's salary of Fellowship Open Inc is $0 and their total compensation is $0.
Official website here: www.fellowshipopen.com
What is the revenue of Fellowship Open Inc?
Fellowship Open Inc's revenue in 2022 was $1,559,294.
Official website here: www.fellowshipopen.com
Who are the executives of Fellowship Open Inc and what are their salaries?
Here are 6 key members and their salaries (Fellowship Open Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.fellowshipopen.com
Where can I find the form 990 for Fellowship Open Inc?
Fellowship Open Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fellowshipopen.com
Learn more at the official website: www.fellowshipopen.com
Mission Statement of Fellowship Open Inc
Fellowship Open, a nonprofit organization, is committed to supporting organizations that significantly impact the lives of low-income youth in the Milwaukee area. The primary mission of Fellowship Open is to back initiatives that make a tangible and substantial difference in the lives of these young individuals. The organization encourages youth to strive towards achieving their dreams, particularly in the realm of business. The activities that Fellowship Open supports encompass various aspects of youth development, including the arts, technology, job skills, and job readiness. A significant focus on technology is integral to the mission of Fellowship Open.
One of the ways Fellowship Open guides young men and women towards opportunities is through a series of mentoring programs. For instance, during events like golf outings, young individuals engage in discussions with business and civic leaders. These interactions provide them with inspiring role models, realistic expectations of what they can accomplish, and insights into effective job interviewing, job training, and navigating a work environment. By offering these experiences, Fellowship Open serves as a fiduciary agent for the MKE Fellows, guiding them towards a promising future.
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Impact
July, 2024
Fellowship Open Inc has a significant impact on the Milwaukee-area low-income youth by supporting organizations that improve their lives. Through activities that encompass various aspects of youth development such as arts, technology, job skills, and job readiness, Fellowship Open encourages young individuals to pursue and achieve their dreams, particularly in the business sector. The organization places a strong emphasis on technology and offers mentorship programs that connect youth with business and civic leaders to provide insights on job interviewing, training, and effective work practices. By serving as a fiduciary agent for the MKE Fellows and promoting opportunities for young people, Fellowship Open inspires and equips them with the resources and guidance needed to succeed.
This information is meant to be a general summary of Fellowship Open 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.
- Gross Receipts: $1,559,294
Assets and Liabilities:
- Total Assets: $628,004
- Total Liabilities: -$1,476
- Net Assets: $629,480
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Organization Details
Phone
(414) 386-5432Principal Officer
John W Daniels Jr
Main Address
201 N Main Street, Thiensville, WI, 53092
Website
www.fellowshipopen.comNTEE Category
Code: T30 - Philanthropy
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