Overview
What is Hustle Usa?
Hustle USA, operating under the name Hustle PHX LLC, is a nonprofit organization situated in Phoenix, Arizona. Its primary mission is to empower and assist underprivileged urban entrepreneurs in establishing and sustaining their small businesses. The organization provides both intellectual and financial capital to these entrepreneurs, enabling them to launch and maintain successful businesses that contribute positively to their communities and uphold spiritual values. With a dedicated workforce of six individuals, Hustle USA operates within the 85004 zip code.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 31%
Hustle USA has received a low rating of 31%, resulting in a Zero-Star out of Four Stars designation, which indicates significant concerns regarding its accountability and financial practices. While the organization has achieved full points for its independent board members and has a low risk of material diversion of assets, it falls short in several critical areas. Notably, the absence of financial statements raises red flags about transparency.
The organization does have a conflict of interest policy and maintains minutes for board meetings, which reflects some level of governance. However, the missing components, such as a whistleblower policy, document retention protocols, and publicly accessible financial documents, contribute to its low score. The program expense ratio is also notably low at 22.17%, suggesting limited expenditure on direct programs, which might affect the charity's overall effectiveness.
Overall, while Hustle USA demonstrates some strengths in board independence and governance policies, the lack of financial transparency and key operational documents poses significant challenges. Donors and stakeholders may want to consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hustle Usa legitimate?
Hustle Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hustle Usa 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: $143,782
Professional Fundraising Fees: $600
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hustle Usa?
Hustle USA's mission is to provide both intellectual and financial capital to low-income and underserved entrepreneurs. This assistance enables these individuals to establish and maintain successful businesses. The primary objective of these ventures is to honor God and serve their communities. Hustle USA's activities are focused on supporting urban entrepreneurs in their small business development and sustainment.
Who is the CEO of Hustle Usa?
Christopher O Waddell is the Executive Director/Founder of Hustle Usa.
What is the revenue of Hustle Usa?
Hustle Usa's revenue in 2020 was $609,529.
Who are the executives of Hustle Usa and what are their salaries?
The average compensation at Hustle Usa during 2020 was $23,964. There are 6 employees and 70 volunteers at Hustle Usa.
Here are 6 key members and their salaries:
- Compensation: $37,343
- 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 Hustle Usa?
Hustle Usa's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Hustle Usa
Hustle USA, a nonprofit organization, is committed to extending intellectual and financial resources to entrepreneurs from low-income and under-served communities. Its mission is to empower these individuals to establish and maintain successful businesses that not only flourish but also contribute positively to their communities and uphold religious values. By providing these resources, Hustle USA aims to aid these entrepreneurs in overcoming the challenges they face and ultimately help them create businesses that serve their neighbors with distinction.
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
Hustle USA's impact can be seen in its dedication to providing intellectual and financial capital to low-income and underserved entrepreneurs. By enabling and supporting urban entrepreneurs in small business development and sustainment, the organization is actively working to empower individuals who may not have had access to traditional avenues of support. Through their efforts, Hustle USA is playing a vital role in fostering economic empowerment and job creation in the community.
This information is meant to be a general summary of Hustle Usa. 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 2020.
- Investment Income: $240
- Program Service Revenue: $500
- Gross Receipts: $609,529
Assets and Liabilities:
- Total Assets: $660,066
- Total Liabilities: $196,200
- Net Assets: $463,866
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Phone
(602) 385-0779Principal Officer
Christopher O Waddell
Main Address
1 N 1ST STREET 700, PHOENIX, AZ, 85004
NTEE Category
Code: J22 - Employment
If you are a representative of Hustle Usa 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.