Overview
What is Bismack Biyombo Foundation Inc?
The Bismack Biyombo Foundation Inc, located in Hattiesburg, Mississippi, is a small-scale nonprofit organization with a single employee. Its primary mission is dedicated to conducting educational programs for youth in the Democratic Republic of Congo. The foundation's primary focus is on providing education to the youth, aiming to make a positive impact on their lives and contribute to their development. Although based in the United States, the foundation's efforts are directed towards the Democratic Republic of Congo.
Official website here: www.bismackbiyombo.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Bismack Biyombo Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is primarily based on the organization's accountability and financial health, which are crucial for potential donors assessing the charity's effectiveness and reliability. The foundation's strong financial practices are evidenced by a program expense ratio of 97.89%, indicating that the vast majority of its resources are directed toward its programs.
The foundation boasts a fully independent board, with all ten members having no conflicts of interest. This independence is a significant strength, as it enhances the organization's credibility and governance. Additionally, the absence of material diversions of assets and a strong liability to assets ratio of 0.00% further highlights its financial stability.
However, there are some areas for improvement. The foundation lacks a whistleblower policy and a document retention and destruction policy, which are critical for ensuring transparency and accountability. Addressing these gaps could enhance the foundation's overall governance framework and bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Bismack Biyombo Foundation Inc legitimate?
Bismack Biyombo Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bismack Biyombo Foundation 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: $60,000
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Official website here: www.bismackbiyombo.org/
What is the mission statement of Bismack Biyombo Foundation Inc?
The Bismack Biyombo Foundation Inc is committed to conducting educational programs aimed at benefiting youth in the Democratic Republic of Congo. Their mission is to contribute to the empowerment and development of these young individuals by providing them with educational resources and opportunities. Through these programs, the foundation aims to foster a learning environment that encourages growth, knowledge acquisition, and personal development among the youth. The ultimate goal is to equip them with the necessary skills and knowledge needed to build a better future for themselves and their communities.
Official website here: www.bismackbiyombo.org/
Who is the CEO of Bismack Biyombo Foundation Inc?
Bismack Biyombo Sumba is the President of Bismack Biyombo Foundation Inc.
Official website here: www.bismackbiyombo.org/
What is the revenue of Bismack Biyombo Foundation Inc?
Bismack Biyombo Foundation Inc's revenue in 2022 was $55,016.
Official website here: www.bismackbiyombo.org/
Who are the executives of Bismack Biyombo Foundation Inc and what are their salaries?
The average compensation at Bismack Biyombo Foundation Inc during 2022 was $60,000. There is 1 employee at Bismack Biyombo Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bismackbiyombo.org/
Where can I find the form 990 for Bismack Biyombo Foundation Inc?
Bismack Biyombo Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bismackbiyombo.org/
Learn more at the official website: www.bismackbiyombo.org/
Mission Statement of Bismack Biyombo Foundation Inc
The Bismack Biyombo Foundation Inc is dedicated to conducting educational programs for youth in the Democratic Republic of Congo. This nonprofit organization's mission is to make a significant impact in the lives of young people by providing them with educational opportunities. By offering these programs, the foundation aims to contribute to the development and growth of the Democratic Republic of Congo's youth, ultimately fostering a more educated and prosperous future for the nation. The foundation's activities are centered around the concept of education, recognizing its power to transform lives and communities.
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Impact
August, 2024
The Bismack Biyombo Foundation Inc's impact lies in conducting educational programs for youth in the Democratic Republic of Congo. Through these initiatives, the foundation aims to empower young individuals by providing them with educational opportunities and resources. Their work in youth development contributes to building a brighter future for the youth in the region, ultimately making a positive impact on the community as a whole.
This information is meant to be a general summary of Bismack Biyombo Foundation 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.
- Investment Income: $9
- Gross Receipts: $55,016
Assets and Liabilities:
- Total Assets: $2,565,266
- Total Liabilities: $0
- Net Assets: $2,565,266
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Organization Details
Founding Year
2016
Principal Officer
Bismack Biyombo Sumba
Main Address
10 PLAZA DR, HATTIESBURG, MS, 39402
Website
www.bismackbiyombo.org/NTEE Category
Code: O50 - Youth development
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