Overview
What is Principe Productions Inc?
Principe Productions Inc, based in New York, New York, is a nonprofit organization dedicated to creating and promoting documentaries on social issues of national and international concern. Their primary focus is on refugee experiences, poverty, public transportation, and race relations. Through their documentaries, they aim to inspire community involvement, motivate volunteers and activists, raise funds for charitable organizations, and encourage celebrity ambassadors to speak up against stigma. With a small team of one employee, Principe Productions Inc uses the power of visual storytelling to shed light on pressing societal matters and foster positive change.
Official website here: www.principeproductions.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Principe Productions Inc has received a low rating primarily due to its lack of independent governance and missing key policies. The organization has a 0% independent board, indicating a significant lack of oversight that could raise concerns about accountability. While the charity has not experienced any material diversion of assets and maintains a solid program expense ratio of 79.01%, the absence of a conflict of interest policy, whistleblower policy, and document retention policy is troubling.
Despite these weaknesses, the organization does demonstrate some strengths, including its liabilities to assets ratio of 0.02%, which suggests good financial health. The presence of board meeting minutes indicates some level of operational transparency. However, the failure to post key documents such as the tax form on its website detracts from its accountability and could hinder public trust.
In summary, while Principe Productions Inc shows promise in its program expenses and financial ratios, the lack of independent oversight and essential governance policies presents significant limitations that may affect its overall effectiveness and sustainability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Principe Productions Inc legitimate?
Principe Productions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Principe Productions 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: $227,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.principeproductions.org/
What is the mission statement of Principe Productions Inc?
Principe Productions Inc's primary mission is to create and disseminate documentary films that educate the general public about social issues of national and international concern. The goal is to motivate community involvement, inspire volunteers and activists, and raise funds for charitable organizations. Additionally, the production company aims to encourage celebrity ambassadors to speak out against stigma related to these issues. The documentaries cover various topics, such as refugees, poverty, public transportation, and race relations, with the aim of promoting change and social awareness.
Official website here: www.principeproductions.org/
Who is the CEO of Principe Productions Inc?
Megan Mylan is the Treasurer of Principe Productions Inc.
Official website here: www.principeproductions.org/
What is the revenue of Principe Productions Inc?
Principe Productions Inc's revenue in 2022 was $99,164.
Official website here: www.principeproductions.org/
Who are the executives of Principe Productions Inc and what are their salaries?
The average compensation at Principe Productions Inc during 2022 was $227,000. There is 1 employee at Principe Productions Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $227,000
- Related: $0
- Other: $0
Official website here: www.principeproductions.org/
Where can I find the form 990 for Principe Productions Inc?
Principe Productions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.principeproductions.org/
Learn more at the official website: www.principeproductions.org/
Mission Statement of Principe Productions Inc
Principe Productions Inc, a nonprofit organization, is dedicated to creating and sharing documentary films that enlighten the general public about various social issues on a national and international scale. Their primary objective is to motivate community engagement, inspiring volunteers and activists to take action. The organization also aims to raise funds for charitable organizations and encourage celebrity ambassadors to speak out against stigma associated with these issues. By developing, producing, and disseminating these thought-provoking films, Principe Productions Inc seeks to shed light on pressing topics such as refugee crises, poverty, public transportation, and race relations. Their mission is to spark meaningful conversations and drive positive change in society.
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Impact
October, 2024
Principe Productions Inc has a significant impact through its commitment to developing, producing, and disseminating documentary films that address pressing social issues. By focusing on subjects such as refugees, poverty, public transportation, and race relations, the organization educates the general public about these critical topics on both national and international levels.
Through its films, Principe Productions Inc aims to motivate community involvement by raising awareness and encouraging individuals to engage in activism. The organization not only inspires volunteers and activists but also seeks to generate funds for charitable organizations, amplifying their reach and effectiveness. Additionally, by collaborating with celebrity ambassadors, Principe Productions Inc fights stigma and brings greater visibility to the issues it addresses, creating a ripple effect that can lead to meaningful change in society.
Overall, Principe Productions Inc plays a crucial role in fostering informed dialogue and inspiring action around vital social concerns, ultimately contributing to a more engaged and compassionate community.
This information is meant to be a general summary of Principe Productions 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.
- Program Service Revenue: $28,332
- Gross Receipts: $99,164
Assets and Liabilities:
- Total Assets: $434,984
- Total Liabilities: $121
- Net Assets: $434,863
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION REIMBURSEME
Revenue
$28,332
Organization Details
Founding Year
2011
Phone
(212) 547-8748Principal Officer
Megan Mylan
Main Address
390 RIVERSIDE DRIVE 8C, NEW YORK, NY, 10025
Website
www.principeproductions.org/NTEE Category
Code: Q70 - International
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