Overview
What is Male Mogul Initiative Inc Nfp?
The Male Mogul Initiative Inc Nfp is a nonprofit organization situated in Chicago, Illinois, specifically at 5055 South Prairie Avenue. Their primary mission is to empower marginalized youth, providing them with the necessary tools to achieve success. Although the information provided is limited, we can infer that they likely offer resources such as mentorship, education, and career guidance to help young individuals overcome challenges and reach their full potential. The organization is led by a small team of one dedicated individual.
Official website here: www.malemogulinitiative.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 34%
The Male Mogul Initiative Inc Nfp has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns primarily related to accountability and financial transparency. The overall score is notably low, primarily due to an absence of financial statements, which severely impacts its accountability assessment.
Despite some strengths, such as having a fully independent board and proper documentation of board meeting minutes, the organization lacks critical policies like a conflict of interest policy and a whistleblower policy. These omissions contribute to its low score in overall accountability and finance, which is essential for building trust with donors and stakeholders.
Financially, the organization has a liabilities-to-assets ratio of 63.09% and a program expense ratio of 32.86%, suggesting that a significant portion of its resources may not be directed towards its programs. This raises concerns about its operational efficiency and the effectiveness of its efforts in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Male Mogul Initiative Inc Nfp legitimate?
Male Mogul Initiative Inc Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Male Mogul Initiative Inc Nfp 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: $138,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,786
For more financial information, click here
Official website here: www.malemogulinitiative.com
What is the mission statement of Male Mogul Initiative Inc Nfp?
The Male Mogul Initiative Inc Nfp is committed to aiding marginalized youth by supplying them with the essential resources necessary for their success. Their mission is to empower these young individuals, enabling them to achieve their full potential. The organization focuses on providing necessary tools and support, aiming to foster a pathway towards success for those who may otherwise face obstacles.
Official website here: www.malemogulinitiative.com
Who is the CEO of Male Mogul Initiative Inc Nfp?
Walter Mendenhall is the Executive Di of Male Mogul Initiative Inc Nfp.
Official website here: www.malemogulinitiative.com
What is the revenue of Male Mogul Initiative Inc Nfp?
Male Mogul Initiative Inc Nfp's revenue in 2022 was $535,657.
Official website here: www.malemogulinitiative.com
Who are the executives of Male Mogul Initiative Inc Nfp and what are their salaries?
The average compensation at Male Mogul Initiative Inc Nfp during 2022 was $174,374. There is 1 employee at Male Mogul Initiative Inc Nfp.
Here are 11 key members and their salaries:
- Compensation: $70,004
- Related: $0
- Other: $0
- Compensation: $69,584
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.malemogulinitiative.com
Where can I find the form 990 for Male Mogul Initiative Inc Nfp?
Male Mogul Initiative Inc Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.malemogulinitiative.com
Learn more at the official website: www.malemogulinitiative.com
Mission Statement of Male Mogul Initiative Inc Nfp
The Male Mogul Initiative Inc Nfp aims to extend vital resources to marginalized youth, with the objective of empowering them to achieve success. This nonprofit organization's mission is to provide the necessary tools and support for these young individuals, enabling them to overcome challenges and reach their full potential. By offering resources, the Male Mogul Initiative Inc Nfp strives to promote the success of marginalized youth, ultimately fostering a more inclusive and prosperous society.
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Impact
July, 2024
Male Mogul Initiative Inc Nfp's impact is felt through its focused efforts on providing marginalized youth in Chicago with the resources necessary for success. By empowering these young individuals with the tools, guidance, and support they need, Male Mogul Initiative Inc Nfp is playing a vital role in shaping the future of these communities. Through its youth development initiatives, the organization is helping to break down barriers and create opportunities for those who may have previously been underserved or overlooked. This impactful work has the potential to not only transform the lives of these young people but also contribute to the overall betterment of society.
This information is meant to be a general summary of Male Mogul Initiative Inc Nfp. 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.
- Investment Income: $1,175
- Program Service Revenue: $127,020
- Gross Receipts: $535,657
Assets and Liabilities:
- Total Assets: $542,624
- Total Liabilities: $342,374
- Net Assets: $200,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOUNDATION GRANTS
Revenue
$62,550
ORGANIZATION DONATION
Revenue
$54,418
PROGRAM REVENUE
Revenue
$7,606
MERCHANDISE SALES
Revenue
$2,446
Organization Details
Founding Year
2016
Phone
(312) 620-5657Principal Officer
Walter Mendenhall
Main Address
5055 SOUTH PRAIRIE AVENUE, CHICAGO, IL, 60615
Website
www.malemogulinitiative.comNTEE Category
Code: O53 - Youth development
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