Overview
What is The Willnet Group Inc?
The Willnet Group Inc is a nonprofit organization with a mission to enhance the educational opportunities for children. Their primary activity involves granting scholarships, offering financial aid to ten students with awards of $5000 each, and three students with scholarships of $1000 each. Furthermore, The Willnet Group Inc aims to contribute to stabilizing family lives by providing support for home environments. This organization, with its focus on educational advancement and family well-being, plays a significant role in nurturing the future generation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 10%
The Willnet Group Inc has received a Zero-Star out of Four Star rating, indicating significant concerns regarding its accountability and financial management. The organization scored just 10% overall, with a particularly troubling lack of independent board members, financial transparency, and essential governance policies. The absence of financial statements and other required documentation raises red flags about its operational integrity.
Strengths noted include a clean bill of health regarding material diversion of assets, which suggests that the organization has not mismanaged its resources. However, the complete lack of transparency and governance measures—such as conflict of interest and whistleblower policies—points to substantial weaknesses in how the organization is structured and held accountable.
Overall, the nonprofit's very low scores in critical areas suggest that potential donors and supporters should proceed with caution. The serious deficiencies in governance practices and financial reporting undermine trust and indicate a need for significant improvements to align with best practices in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Willnet Group Inc legitimate?
The Willnet Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Willnet Group 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: $0
For more financial information, click here
What is the mission statement of The Willnet Group Inc?
The Willnet Group Inc's mission is centered around enhancing the educational opportunities for children. They accomplish this by offering scholarships, granting awards of $5000 each to ten students and $1000 each to three students. Additionally, their mission extends to stabilizing family lives, with a focus on improving the home environment. While specific details about this aspect are not provided, it can be inferred that they aim to support families in maintaining a stable and nurturing environment.
Who is the CEO of The Willnet Group Inc?
Netty Brown is the President of The Willnet Group Inc.
What is the revenue of The Willnet Group Inc?
The Willnet Group Inc's revenue in 2022 was $836,851.
Who are the executives of The Willnet Group Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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 The Willnet Group Inc?
The Willnet Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Willnet Group Inc
The Willnet Group, a nonprofit organization, is committed to enhancing the education of children and stabilizing family lives. Their mission is twofold: firstly, they aim to improve the educational prospects of children by providing scholarships. Specifically, they offer scholarships worth $5000 each to ten deserving students and $1000 each to three additional students. Secondly, The Willnet Group focuses on strengthening family environments by offering support to stabilize home life. This holistic approach to child education and family well-being is a testament to their dedication to uplifting the lives of young individuals and their families.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Willnet Group Inc's impact is evident in its efforts to improve the education of children and stabilize family lives. Through awarding scholarships, the organization is directly impacting the lives of students by providing financial assistance to further their education. By awarding college scholarships worth $5000 to ten students and $1000 to three students, The Willnet Group is actively contributing to the academic success and future prospects of these individuals. Additionally, by focusing on stabilizing family home life, the organization is addressing a crucial aspect of children's well-being and development. Overall, The Willnet Group's commitment to education and family stability is making a significant impact in the community of Loganville, GA.
This information is meant to be a general summary of The Willnet Group 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.
- Gross Receipts: $1,716,050
Assets and Liabilities:
- Total Assets: $2,066,591
- Total Liabilities: $879,199
- Net Assets: $1,187,392
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2021
Phone
(347) 768-4802Principal Officer
Netty Brown
Main Address
2127 ADEL DRIVE, LOGANVILLE, GA, 30052
NTEE Category
Code: B99 - Education
If you are a representative of The Willnet Group Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.