Overview
What is Our Village United Inc?
Our Village United Inc, based in Atlanta, Georgia, is a nonprofit organization with a strong mission to foster resilient communities. They achieve this by providing culturally competent business education, training, and solutions to Black sole proprietors and microbusinesses. Through targeted technical assistance and shared professional services, Our Village United Inc empowers these business owners to grow and scale their operations. Recognizing the importance of holistic well-being, they partner with licensed wellness coaches and mental health practitioners to serve as mentors to small businesses. With a team of nine dedicated individuals, Their vision is to build strong, self-sustaining communities that prosper economically and holistically.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star Rating
Our Village United Inc has achieved a 57% score, which translates to a One-Star rating, indicating significant concerns regarding accountability and finance. The rating is derived solely from this beacon score, showcasing a reliance on financial transparency and organizational governance. While the charity does maintain a majority of independent board members, its overall financial reporting raises red flags, particularly the absence of financial statements.
Strengths of the organization include a well-structured board with 66% independent members and the presence of essential governance policies, such as conflict of interest and whistleblower policies. Additionally, the organization demonstrates responsible asset management, evidenced by no material diversion of assets. However, the lack of financial statements and a missing website listed on the tax form are serious limitations that could hinder stakeholder trust and transparency.
The financial health indicators show a liabilities to assets ratio of 58.64% and a program expense ratio of 57.37%, suggesting some challenges in funding its programs effectively. Overall, while there are areas of governance strength, the lack of comprehensive financial reporting significantly affects the organization’s credibility and effectiveness in delivering its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Our Village United Inc legitimate?
Our Village United Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Village United 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: $140,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,425
For more financial information, click here
What is the mission statement of Our Village United Inc?
Our Village United Inc's mission is centered around strengthening communities by providing culturally competent business training and solutions. They aim to support the growth of black solo entrepreneurs and micro-businesses through targeted technical assistance and shared professional services. The organization believes in holistic development, not just focusing on business health, but also the well-being of the business owners. They partner with licensed wellness coaches and mental health practitioners to serve as mentors to small businesses, with the belief that by uplifting the entire business, the community prospers economically and holistically.
Who is the CEO of Our Village United Inc?
Dr Lakeysha Hallmon is the Executive Director of Our Village United Inc.
What is the revenue of Our Village United Inc?
Our Village United Inc's revenue in 2022 was $1,696,179.
Who are the executives of Our Village United Inc and what are their salaries?
The average compensation at Our Village United Inc during 2022 was $22,975. There are 9 employees at Our Village United Inc.
Here are 6 key members and their salaries:
- Compensation: $125,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $15,350
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Our Village United Inc?
Our Village United Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Our Village United Inc
Our Village United Inc is committed to building robust and resilient communities by delivering culturally competent training and business solutions. Their mission is to support the growth of Black solo entrepreneurs and microbusinesses, empowering them to expand their operations and scale their businesses. They achieve this by providing targeted technical assistance and shared professional services. Beyond just focusing on the business, Our Village United Inc also prioritizes the well-being of the business owner. They partner with licensed wellness coaches and mental health practitioners to serve as mentors to small businesses, ensuring that the entire community prospers economically and holistically.
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Impact
July, 2024
Our Village United Inc is dedicated to building strong, resilient communities through the delivery of culturally competent training and business solutions. Through educational services, this organization has impacted 472 businesses by providing business education and training. They support the growth of Black solopreneurs and microbusinesses by delivering targeted technical assistance and shared professional services that empower business owners to grow their operations and scale their businesses. By focusing on the health of both the business and the business owner, including partnering with licensed wellness coaches and mental health practitioners as mentors, Our Village United Inc believes that the entire community prospers economically and holistically. Their work in Atlanta, GA, is a testament to their commitment to community improvement.
This information is meant to be a general summary of Our Village United 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: $1,696,179
Assets and Liabilities:
- Total Assets: $2,576,630
- Total Liabilities: $1,511,090
- Net Assets: $1,065,540
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Organization Details
Founding Year
2017
Phone
(770) 624-6480Principal Officer
Dr Lakeysha Hallmon
Main Address
384 N YARDS BLVD BLDG 100, ATLANTA, GA, 30313
NTEE Category
Code: S99 - Community improvement
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