Overview
What is Mft Worldwide Inc?
Mft Worldwide Inc, based in Plantation, Florida, is a nonprofit organization with a single-member team. Their primary focus is on providing limited mental health evaluations for patients, particularly those seeking medical marijuana certifications. In addition to this, they consult with various medical clinics to share best practices regarding the certification process, contributing to the broader medical community. Their mission, in essence, is to assist patients and medical professionals in navigating the complexities of medical marijuana certifications while ensuring the highest standards of mental health care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (55%)
Mft Worldwide Inc has received a low rating of 55%, indicating significant concerns regarding its financial accountability and transparency. While the organization does have a fully independent board, it notably scored poorly in several critical areas, including financial statements and conflict of interest policies, which are essential for ensuring donor trust and effective governance.
Strengths of the organization lie in its independent board composition and adherence to some financial ratios, such as a strong liabilities to assets ratio. However, the lack of clear financial reporting and oversight mechanisms significantly detracts from its overall effectiveness and credibility as a nonprofit. The program expense ratio indicates that a portion of funds is directed towards programs, but the overall financial health is questionable.
Limitations include a complete absence of documented policies and procedures that would typically support accountability, such as a conflict of interest policy and whistleblower protections. These deficiencies raise red flags for potential donors and stakeholders concerned about how funds are managed and utilized within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mft Worldwide Inc legitimate?
Mft Worldwide Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mft Worldwide 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $333,493
For more financial information, click here
What is the mission statement of Mft Worldwide Inc?
Mft Worldwide Inc is dedicated to providing mental health evaluations for patients, particularly those seeking medical use cards. They also consult with various medical clinics, offering advice on best practices for medical marijuana certifications. In essence, their mission revolves around offering mental health assessments and contributing to the broader medical community to facilitate access to medical marijuana for eligible patients.
Who is the CEO of Mft Worldwide Inc?
Paul Maione is the Director of Mft Worldwide Inc.
What is the revenue of Mft Worldwide Inc?
Mft Worldwide Inc's revenue in 2022 was $566,308.
Who are the executives of Mft Worldwide Inc and what are their salaries?
The average compensation at Mft Worldwide Inc during 2022 was $408,493. There is 1 employee at Mft Worldwide Inc.
Here are 4 key members and their salaries:
- Compensation: $75,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mft Worldwide Inc?
Mft Worldwide Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mft Worldwide Inc
Mft Worldwide Inc, a mental health organization, is dedicated to providing limited mental health evaluations for patients in various circumstances, particularly those interested in obtaining their medical use cards. The organization's mission extends beyond evaluations, as it also consults with various medical clinics on best practices regarding medical marijuana certifications. By offering these services, Mft Worldwide Inc aims to contribute to the medical field's understanding and application of medical marijuana, ensuring it is used responsibly and effectively for those in need.
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Impact
July, 2024
Mft Worldwide Inc's impact lies in providing limited mental health evaluations for patients in various circumstances, including those interested in obtaining their medical use cards. Additionally, they consult with various medical clinics on best practices regarding medical marijuana certifications. This organization based in Plantation, FL, plays a crucial role in supporting individuals' mental health needs and facilitating access to medical marijuana treatments. Their focus on mental health services and medical marijuana certifications makes a significant impact on the well-being of their patients and the broader healthcare community.
This information is meant to be a general summary of Mft Worldwide 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.
- Program Service Revenue: $566,308
- Gross Receipts: $566,308
Assets and Liabilities:
- Total Assets: $207,301
- Total Liabilities: $0
- Net Assets: $207,301
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES COLLECTED
Revenue
$566,308
Organization Details
Founding Year
2017
Phone
(954) 817-8730Principal Officer
Paul Maione
Main Address
8551 SUNRISE BLVD STE 206, PLANTATION, FL, 33322
NTEE Category
Code: F60 - Mental health
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