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Friends Of The Children Of Venezuela Inc

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

EIN: 813198715 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Children Of Venezuela Inc?

Friends of the Children of Venezuela Inc is a noble nonprofit organization situated in Miami, Florida. Their primary mission is to extend aid to children in need, specifically by providing essential medical supplies and food. As an international relief organization, they strive to make a significant impact on the lives of vulnerable children in distress. Through their program, they supply medical supplies, thereby ensuring the well-being of these young individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 19%, Zero-Star out of Four Star rating.

Friends Of The Children Of Venezuela Inc has received a very low rating of 19%, indicating significant concerns regarding its accountability and financial practices. With an Accountability & Finance score of only 10 out of 100 points, there are serious transparency issues, including a complete lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections.

Despite these shortcomings, the organization does demonstrate strong leadership and strategic planning, scoring a perfect 100 out of 100 in Leadership & Adaptability. This suggests that while the organization may be lacking in financial oversight and governance, it possesses capable leadership that could potentially steer it toward improvement. However, the absence of proper financial practices and documentation raises serious questions about the organization's overall effectiveness and integrity.


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

Is Friends Of The Children Of Venezuela Inc legitimate?

Friends Of The Children Of Venezuela Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Children Of Venezuela 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: $31,500

For more financial information, click here

What is the mission statement of Friends Of The Children Of Venezuela Inc?

Friends of the Children of Venezuela Inc. is dedicated to addressing the needs of children in distress by providing them with essential medical supplies and food. As an international relief organization, its mission is to alleviate the hardships faced by these children, working tirelessly to ensure their access to necessary medical care and nutritious food. The organization, based in Miami, Florida, implements a program aimed at supplying medical supplies to these children, thereby contributing to their overall well-being.

What is the revenue of Friends Of The Children Of Venezuela Inc?

Friends Of The Children Of Venezuela Inc's revenue in 2023 was $304,060.

Who are the executives of Friends Of The Children Of Venezuela Inc and what are their salaries?

The average compensation at Friends Of The Children Of Venezuela Inc during 2023 was $31,500. There is 1 employee at Friends Of The Children Of Venezuela Inc.

Here are 2 key members and their salaries:


Paolo Venegas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Rivas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Children Of Venezuela Inc?

Friends Of The Children Of Venezuela Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Friends Of The Children Of Venezuela Inc

Friends of the Children of Venezuela, as an international relief organization, is committed to providing essential medical supplies and food to children in need. Based on the information provided, this nonprofit organization operates a program aimed at addressing the health and nutritional needs of children, particularly in Venezuela. Although the specific details of their operations and the scope of their impact are not mentioned, it can be inferred that Friends of the Children of Venezuela plays a vital role in supplying much-needed resources to children who may otherwise be without access to adequate medical care and nutrition. By providing these essentials, the organization is actively contributing to the well-being and future health of vulnerable children, offering them a chance at a better life.

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Impact




July, 2024

Friends Of The Children Of Venezuela Inc makes a direct impact by providing medicine and food to children in need. Through their program that supplies medical supplies, they help improve the health and well-being of vulnerable children in Venezuela. Their work as an international relief organization located in Miami, FL, directly addresses the urgent needs of children facing healthcare and nutrition challenges. By focusing on providing essential resources, Friends Of The Children Of Venezuela Inc plays a critical role in supporting the health and development of children in Venezuela.




This information is meant to be a general summary of Friends Of The Children Of Venezuela 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.

Revenue
$304,060 (2023)
Expenses
$428,203 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $304,060

Assets and Liabilities:

  • Total Assets: $227,179
  • Total Liabilities: $529
  • Net Assets: $226,650

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Organization Details

Founding Year

2016

Principal Officer

Andres Caldera

NTEE Category

Code: P20 - Human services

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