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Mended Swords Ltd

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

EIN: 811447115 ✦ Brewster, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mended Swords Ltd?

Mended Swords Ltd is a nonprofit organization dedicated to supporting and empowering veterans. Their mission is to foster the warrior spirit within these individuals and strengthen the bonds between fellow service members. They achieve this through various programs that aim to positively impact the lives of veterans, ultimately helping them transition back into civilian life more seamlessly.


Official website here: www.mendedswords.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (56%)

Mended Swords Ltd has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low overall score of 56%, primarily due to a lack of independent board members and missing critical governance policies such as a conflict of interest policy and a whistleblower policy. Despite these weaknesses, the charity has not reported any material diversion of assets and maintains a healthy liabilities to assets ratio.

On the positive side, Mended Swords Ltd demonstrates strong program expense efficiency, with an impressive 100% of its expenses allocated towards its programs. The charity has also complied with some transparency measures, including providing board meeting minutes and listing its website on the tax form. However, the absence of essential policies raises concerns about its operational integrity and governance.

Overall, while Mended Swords Ltd has achieved commendable program expense ratios, the lack of independent oversight and vital governance policies may hinder its credibility and effectiveness as a nonprofit organization. Potential supporters should consider these factors when evaluating their support.


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

Is Mended Swords Ltd legitimate?

Mended Swords Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mended Swords Ltd 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.mendedswords.org/

What is the mission statement of Mended Swords Ltd?

Mended Swords Ltd is committed to fostering and reinforcing the warrior spirit within veterans. Their mission is to establish a sense of camaraderie and unity among individuals who have served in the military. Through their initiatives, they aim to positively influence the lives of veterans by providing them with programs that help them reconnect with their warrior identity and strengthen the bonds they share with their fellow veterans.


Official website here: www.mendedswords.org/

Who is the CEO of Mended Swords Ltd?

Michael L Speed is the Vp of Mended Swords Ltd.


Official website here: www.mendedswords.org/

What is the revenue of Mended Swords Ltd?

Mended Swords Ltd's revenue in 2022 was $75,247.


Official website here: www.mendedswords.org/

Who are the executives of Mended Swords Ltd and what are their salaries?


Here are 2 key members and their salaries:


Christopher Scrobe (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael L Speed (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mendedswords.org/

Where can I find the form 990 for Mended Swords Ltd?

Mended Swords Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mendedswords.org/

Learn more at the official website: www.mendedswords.org/

Mission Statement of Mended Swords Ltd

Mended Swords Ltd, a nonprofit organization, is committed to a significant mission. Their objective is to foster and reinforce the warrior spirit within veterans, while also strengthening the bonds shared among individuals who have served in the military. By implementing various programs, Mended Swords aims to make a meaningful impact on the lives of these veterans. The organization's mission is not just about helping individuals, but also about uniting those who have served together, creating a sense of brotherhood and sisterhood among them.

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Impact




August, 2024

Mended Swords Ltd impacts veterans by developing and redeveloping the warrior ethos within them, while also fostering bonds between fellow service members. Through its programs, Mended Swords makes a significant difference in the lives of veterans, helping them reconnect with their military identity and strengthen their connections with their comrades. This organization based in Brewster, NY, plays a crucial role in supporting veterans and promoting a sense of purpose and camaraderie among those who have served.




This information is meant to be a general summary of Mended Swords Ltd. 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
$75,247 (2022)
Expenses
$63,110 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $75,247
  • Gross Receipts: $75,247

Assets and Liabilities:

  • Total Assets: $33,663
  • Total Liabilities: $0
  • Net Assets: $33,663

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$75,247

Organization Details

Founding Year

2016

Principal Officer

Michael L Speed

Main Address

19 NANCY LANE, BREWSTER, NY, 10509

NTEE Category

Code: W30 - Public benefit

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