Overview
What is Gimme Five Worldwide Inc?
Gimme Five Worldwide Inc is a nonprofit organization situated in Saint Albans, New York (11412). Their primary objective is to bridge the gap between school, community, and family, offering a secure environment for youth to learn and grow. They accomplish this by exchanging cultural experiences and promoting new opportunities through travel and life experiences. Their programs are designed to reinforce values and enrich the lives of young individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%, Zero-Star out of Four Star rating.
Gimme Five Worldwide Inc has received a low score of 35%, which translates into a Zero-Star rating due to significant deficiencies in its accountability and finance practices. The rating heavily relies on a single beacon score, where the organization notably lacked independent board members, receiving 0 out of 10 points in this category. Additionally, key governance policies, such as conflict of interest and whistleblower policies, were missing, highlighting serious gaps in the organization's internal controls.
Despite these accountability concerns, Gimme Five Worldwide Inc shows a strong performance in its program expense ratio, scoring 96.38%, which indicates that a significant portion of its funds is directed towards its programs. However, overall financial stability is questionable, as evidenced by an extremely high liabilities to assets ratio of 86710.52%, suggesting potential financial risks that could affect its operations and sustainability.
The absence of critical documentation, including meeting minutes and a publicly accessible website, further undermines the transparency of Gimme Five Worldwide Inc. These factors collectively reflect a need for improved governance and accountability to enhance donor trust and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Gimme Five Worldwide Inc legitimate?
Gimme Five Worldwide Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gimme Five Worldwide 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
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What is the mission statement of Gimme Five Worldwide Inc?
Gimme Five Worldwide Inc's mission is centered around bridging the divide between school, community, and family. Their primary objective is to offer a secure environment where youth can learn and grow. They accomplish this through their programs, which involve exchanging cultural experiences, reinforcing values, and introducing diverse and new experiences through travel and life experiences.
Who is the CEO of Gimme Five Worldwide Inc?
Donald Francois is the President of Gimme Five Worldwide Inc.
What is the revenue of Gimme Five Worldwide Inc?
Gimme Five Worldwide Inc's revenue in 2021 was $141,429.
Who are the executives of Gimme Five Worldwide Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gimme Five Worldwide Inc?
Gimme Five Worldwide Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Gimme Five Worldwide Inc
Gimme Five Worldwide Inc is committed to bridging the divide between schools, communities, and families, offering a secure environment for young individuals to learn and grow. The nonprofit's mission is to facilitate cultural exchange, reinforce core values, and introduce diverse experiences through travel and life experiences. By fostering such opportunities, Gimme Five Worldwide Inc aims to enrich the lives of its youth, promoting personal growth and development.
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Impact
October, 2024
Gimme Five Worldwide Inc significantly impacts youth development by creating a supportive environment that fosters learning and growth. Its mission centers around bridging the gap between schools, communities, and families, ensuring that young individuals feel safe and valued as they navigate their formative years.
Through a variety of programs, Gimme Five Worldwide facilitates cultural exchanges and reinforces core values, promoting personal development through travel and diverse life experiences. This holistic approach not only enhances educational opportunities but also enriches the social fabric of the community in Saint Albans, NY. By exposing youth to new perspectives and experiences, Gimme Five Worldwide plays a crucial role in shaping well-rounded, culturally aware individuals poised for future success.
This information is meant to be a general summary of Gimme Five Worldwide 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 2021.
- Gross Receipts: $141,429
Assets and Liabilities:
- Total Assets: $76
- Total Liabilities: $65,900
- Net Assets: -$65,824
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Organization Details
Founding Year
2010
Phone
(347) 683-6718Principal Officer
Donald Francois
Main Address
114-68 199th Street, Saint Albans, NY, 11412
NTEE Category
Code: O50 - Youth development
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