Overview
What is 7 Cups Foundation?
7 Cups Foundation is a non-profit organization based in Fort Mill, South Carolina, with the address 1135 Molokai Drive, SC-29708. Their mission is to empower individuals and communities by creating opportunities that aim to address some of society's most pressing challenges. The foundation supports experts and leading organizations globally, extending care to those in need. In essence, they strive to provide a holistic approach to problem-solving and make a positive impact on the world.
Official website here: www.7cups.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Stars)
The 7 Cups Foundation has received a low rating of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score reflects a lack of essential policies and a minimal investment in program expenses, which severely impacted its rating despite some strengths such as an entirely independent board with no material diversion of assets.
Organizationally, the foundation scored well in areas like board independence and documentation of meeting minutes, showing that governance aspects are being managed appropriately. However, the absence of critical policies, including a conflict of interest policy and a whistleblower policy, raises red flags about transparency and risk management. The foundation also reported a very low program expense ratio of 9.43%, suggesting that a minimal portion of its budget is directed towards its intended programs and services.
Overall, while the organization has some strong governance practices, its financial accountability and programmatic focus appear to be lacking. Potential donors and stakeholders may want to approach with caution, considering the significant limitations highlighted in the evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is 7 Cups Foundation legitimate?
7 Cups Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 7 Cups Foundation 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
Official website here: www.7cups.org/
What is the mission statement of 7 Cups Foundation?
The 7 Cups Foundation's mission is centered around supporting experts and leading organizations to extend care globally. By empowering its partners, the organization aims to create opportunities that benefit individuals and communities, working towards a holistic approach to addressing some of society's pressing challenges. The foundation's efforts are geared towards shaping lives and making a positive impact on a global scale.
Official website here: www.7cups.org/
Who is the CEO of 7 Cups Foundation?
Glen Moriarty is the Ceo of 7 Cups Foundation. The CEO's salary of 7 Cups Foundation is $0 and their total compensation is $0.
Official website here: www.7cups.org/
What is the revenue of 7 Cups Foundation?
7 Cups Foundation's revenue in 2022 was $1,114.
Official website here: www.7cups.org/
Who are the executives of 7 Cups Foundation and what are their salaries?
There 3 volunteers at 7 Cups Foundation.
Here are 3 key members and their salaries (7 Cups Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.7cups.org/
Where can I find the form 990 for 7 Cups Foundation?
7 Cups Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.7cups.org/
Learn more at the official website: www.7cups.org/
Mission Statement of 7 Cups Foundation
The 7 Cups Foundation is a charitable organization dedicated to transforming lives and tackling societal issues. By partnering with experts and leading organizations, this nonprofit aims to extend care on a global scale. The mission of the 7 Cups Foundation is to empower its partners, creating opportunities for individuals and communities to make a significant difference. By adopting a holistic approach, the organization strives to address some of the most pressing challenges facing society today. The 7 Cups Foundation ensures that its partners are well-equipped to tackle these issues, providing them with the resources and support they need to enact lasting change.
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Impact
June, 2024
7 Cups Foundation plays a pivotal role in extending care and support globally through its mission of supporting experts and leading organizations. By empowering individuals and communities, the foundation is actively shaping lives and providing a holistic approach to solving societal challenges. With a focus on mental health and well-being, 7 Cups Foundation's impact reaches far and wide, making a significant difference in the lives of those in need of support.
This information is meant to be a general summary of 7 Cups Foundation. 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: $1,114
Assets and Liabilities:
- Total Assets: $78,486
- Total Liabilities: $0
- Net Assets: $78,486
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Organization Details
Founding Year
2018
Phone
(757) 581-9216Principal Officer
Glen Moriarty
Main Address
1135 MOLOKAI DRIVE, FORT MILL, SC, 29708
Website
www.7cups.org/NTEE Category
Code: F80 - Mental health
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