Overview
What is Mekong Inc?
Mekong Inc is a nonprofit organization situated in the Bronx, New York, specifically at 2471 University Avenue. Their mission is to enhance the well-being of the Southeast Asian community in the Bronx and broader New York City. They strive to achieve equity by engaging in community organizing and healing initiatives. Additionally, they promote the richness of arts and languages within this community. To further support their cause, Mekong Inc works towards improving access to essential social services, acting as a safety net for the community. With a dedicated team of 14 employees, they are committed to uplifting the lives of the Southeast Asian community.
Official website here: www.mekongnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Mekong Inc has received a positive evaluation with an 88% score from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating is derived entirely from its Accountability & Finance score, indicating a solid foundation in financial management practices. The charity has demonstrated exemplary governance, with a fully independent board of directors, and strong financial statements audited consistently.
The organization excels in several key areas, including a high program expense ratio of 91.21%, suggesting that a significant portion of its funds is directed towards its mission-related activities. Additionally, Mekong Inc has no reported material diversion of assets, which is an encouraging sign of financial integrity. They also have robust policies in place, such as a conflict of interest policy, although they lack a whistleblower policy and a document retention policy, which are noted as missing components.
While Mekong Inc shows strong metrics in governance and financial management, the absence of certain policies could be a potential area for improvement. Overall, the organization appears to be a reliable choice for donors looking to contribute to a nonprofit with demonstrated fiscal responsibility and effective mission execution.
This AI summary has been generated from information found on Charity Navigator.
Is Mekong Inc legitimate?
Mekong Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mekong 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: $103,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $578,750
For more financial information, click here
Official website here: www.mekongnyc.org
What is the mission statement of Mekong Inc?
Mekong Inc, as an organization, is committed to enhancing the quality of life for the Southeast Asian community in various parts of New York City. They achieve this goal through community organizing and healing, advocating for equity. Furthermore, they promote the arts and languages within this community, aiming to preserve cultural heritage. Additionally, Mekong Inc works towards creating a safety net by improving access to essential social services, ensuring the community's basic needs are met.
Official website here: www.mekongnyc.org
Who is the CEO of Mekong Inc?
Chhaya Chhoum is the Executive Director of Mekong Inc.
Official website here: www.mekongnyc.org
What is the revenue of Mekong Inc?
Mekong Inc's revenue in 2022 was $1,466,017.
Official website here: www.mekongnyc.org
Who are the executives of Mekong Inc and what are their salaries?
The average compensation at Mekong Inc during 2022 was $48,764. There are 14 employees at Mekong Inc.
Here are 8 key members and their salaries:
- Compensation: $103,950
- Related: $0
- Other: $9,394
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mekongnyc.org
Where can I find the form 990 for Mekong Inc?
Mekong Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mekongnyc.org
Learn more at the official website: www.mekongnyc.org
Mission Statement of Mekong Inc
Mekong Inc, a nonprofit organization, is dedicated to enhancing the lives of the Southeast Asian community in New York City. Their mission is twofold: firstly, they strive to achieve equity within this community through community organizing and healing. Secondly, they promote the importance of arts and languages, recognizing their power in preserving culture and fostering unity. Additionally, Mekong Inc works towards creating a safety net for this community by improving their access to essential social services. By doing so, the organization aims to uplift the quality of life for Southeast Asians living in the Bronx and beyond, ultimately fostering a sense of belonging and empowerment within this diverse group.
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Impact
July, 2024
Mekong Inc's impact is significant in improving the quality of life for the Southeast Asian community in the Bronx and throughout New York City. By focusing on community organizing and healing, promoting arts, culture, and languages, and increasing access to essential social services, Mekong Inc is working towards achieving equity within this community. Their efforts contribute to creating a safer and more supportive environment for individuals in need of human services in these areas.
This information is meant to be a general summary of Mekong 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: $10,000
- Gross Receipts: $1,466,017
Assets and Liabilities:
- Total Assets: $827,732
- Total Liabilities: $26,610
- Net Assets: $801,122
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$10,000
Organization Details
Founding Year
2011
Principal Officer
Chhaya Chhoum
Main Address
2471 University Avenue, Bronx, NY, 10468
Website
www.mekongnyc.orgNTEE Category
Code: P84 - Human services
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