Overview
What is Nw Goldberg Cares Inc?
Nw Goldberg Cares Inc is a nonprofit organization situated in Detroit, Michigan, with a strong focus on uplifting the predominantly African American community. Their mission involves fostering neighborhood businesses, strengthening the community, and establishing a family-friendly environment. By incubating local enterprises and promoting communal unity, this nonprofit aims to enhance the lives of its residents. With a small team of two dedicated individuals, Nw Goldberg Cares Inc works tirelessly to contribute positively to its community.
Official website here: www.nwgoldbergcares.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Nw Goldberg Cares Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity earned a score of 54%, reflecting both strengths in governance, such as having 100% independent board members, and serious weaknesses, particularly in financial reporting and transparency.
While the organization shows a solid commitment to having an independent board, it lacks essential financial statements and has not implemented key policies like conflict of interest, whistleblower, and document retention. These omissions have critically impacted its financial accountability score, leaving potential donors with limited confidence in the charity's financial management.
Despite having a favorable liabilities to assets ratio and a reasonable program expense ratio, the absence of financial documentation undermines the overall evaluation. The charity's limited transparency and missing policies may cause hesitation among potential supporters and funders, which could affect its ability to attain further donations or support.
This AI summary has been generated from information found on Charity Navigator.
Is Nw Goldberg Cares Inc legitimate?
Nw Goldberg Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nw Goldberg Cares 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: $71,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,299
For more financial information, click here
Official website here: www.nwgoldbergcares.com
What is the mission statement of Nw Goldberg Cares Inc?
Nw Goldberg Cares Inc is a nonprofit organization with a mission to enhance the lives of its community members. This is achieved by incubating local businesses, fostering a strong community, and creating a family-friendly neighborhood. The organization's primary goal is to improve the living conditions in the predominantly African American community they serve.
Official website here: www.nwgoldbergcares.com
Who is the CEO of Nw Goldberg Cares Inc?
Daniel Washington is the Executive Director of Nw Goldberg Cares Inc.
Official website here: www.nwgoldbergcares.com
What is the revenue of Nw Goldberg Cares Inc?
Nw Goldberg Cares Inc's revenue in 2022 was $883,049.
Official website here: www.nwgoldbergcares.com
Who are the executives of Nw Goldberg Cares Inc and what are their salaries?
The average compensation at Nw Goldberg Cares Inc during 2022 was $63,491. There are 2 employees at Nw Goldberg Cares Inc.
Here are 6 key members and their salaries:
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Official website here: www.nwgoldbergcares.com
Where can I find the form 990 for Nw Goldberg Cares Inc?
Nw Goldberg Cares Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwgoldbergcares.com
Learn more at the official website: www.nwgoldbergcares.com
Mission Statement of Nw Goldberg Cares Inc
Nw Goldberg Cares Inc, a nonprofit organization, is dedicated to enhancing the lives of residents in its community. Its mission is twofold: firstly, it aims to nurture neighborhood businesses, fostering an environment of entrepreneurship. Secondly, the organization strives to build a strong community, fostering a sense of unity and belonging. Lastly, Nw Goldberg Cares Inc is committed to establishing a family-friendly neighborhood, ensuring a safe and nurturing environment for all residents, particularly those in the predominantly African American community. By focusing on these areas, the organization seeks to improve the overall quality of life in the community.
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Impact
July, 2024
Nw Goldberg Cares Inc's impact can be seen in the transformation of the predominantly African American community in Detroit, MI. By focusing on incubating neighborhood businesses, building a strong community, and ensuring a family-friendly atmosphere, the organization has significantly improved the lives of residents in the area. Through their efforts, Nw Goldberg Cares Inc has contributed to the economic growth, social cohesion, and overall well-being of the community.
This information is meant to be a general summary of Nw Goldberg Cares 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: -$4,300
- Gross Receipts: $883,049
Assets and Liabilities:
- Total Assets: $966,970
- Total Liabilities: $21
- Net Assets: $966,949
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Organization Details
Founding Year
2015
Principal Officer
Daniel Washington
Main Address
6122 15TH ST, Detroit, MI, 48208
Website
www.nwgoldbergcares.comNTEE Category
Code: A99 - Arts
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