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Ndica

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831940543 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ndica?

Ndica is a nonprofit organization based in Los Angeles, California, specifically at 6065 S Western Avenue, CA 90047. Its primary mission is to educate, mentor, and promote entrepreneurship among individuals in marginalized communities. By doing so, the organization aims to remove barriers to entry and promote social equity and justice in communities affected by the war on drugs. Ndica operates with a team of 11 dedicated employees, and its work is geared towards empowering these communities and fostering a more equitable society.

What are the reviews and ratings of this charity?

Charity Navigator rating: 40%, Zero-Star out of Four Star rating.

Ndica's low rating highlights significant concerns regarding its financial accountability and transparency. While the organization does have a fully independent board and a clean audit of its financial statements, several critical governance policies, including conflict of interest and whistleblower policies, are missing. Furthermore, the lack of publicly accessible financial documents, such as tax forms on its website, detracts from its transparency.

The organization appears to allocate nearly half of its expenses to programs, but with a liabilities to assets ratio exceeding 100%, there are potential concerns regarding financial stability. The salary of the executive director is notably high, which may raise questions among donors about the allocation of funds. Overall, while Ndica has some strengths in governance structure, its financial practices warrant further scrutiny.


This AI summary has been generated from information found on Charity Navigator.

Is Ndica legitimate?

Ndica is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ndica 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: $156,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $391,005

For more financial information, click here

What is the mission statement of Ndica?

Ndica's mission is centered around educating and mentoring individuals in marginalized communities, with a particular focus on those affected by the war on drugs. The organization aims to promote entrepreneurship and eliminate barriers to entry, working tirelessly to advance social equity and social justice in these communities. By doing so, Ndica seeks to create a more equal and fair society for all members of these communities.

Who is the CEO of Ndica?

Unavailable The CEO's salary of Ndica is $156,500 and their total compensation is $156,500.

What is the revenue of Ndica?

Ndica's revenue in 2022 was $1,525,516.

Who are the executives of Ndica and what are their salaries?

The average compensation at Ndica during 2022 was $49,773. There are 11 employees and 8 volunteers at Ndica.


There is 1 key member and their salary:


Bonita Money (Ceoexecutive Director)
  • Compensation: $156,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ndica?

Ndica's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ndica

Ndica, an organization dedicated to social equity and justice, aims to educate and mentor individuals in marginalized communities. The mission of Ndica is multifaceted, focusing on promoting entrepreneurship and eliminating barriers to entry in these communities, which have been disproportionately impacted by the war on drugs. At its core, Ndica seeks to foster social justice and equity in these communities, working tirelessly to create a more equitable society for all its members.

By providing education and mentorship, Ndica empowers individuals to take control of their lives and pursue opportunities that may have previously been inaccessible. The organization's work is critical in breaking down the barriers that have long prevented marginalized communities from thriving.

Furthermore, Ndica is committed to promoting social equity and justice. By addressing the root causes of inequality and discrimination, Ndica aims to create a more just and equitable society for all. In doing so, Ndica not only improves the lives of the individuals it serves but also contributes to the betterment of society as a whole.

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Impact




June, 2024

Ndica's impact is significant in promoting education, mentoring, and entrepreneurship within marginalized communities, particularly those affected by the war on drugs. By eliminating barriers to entry and promoting social equity and justice, Ndica is actively working to uplift individuals in these communities and provide them with opportunities for personal and professional growth. Through its focus on education and mentorship, Ndica is contributing to the empowerment and well-being of individuals in marginalized communities, ultimately aiming to create a more inclusive and equitable society.




This information is meant to be a general summary of Ndica. 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.

Revenue
$1,525,516 (2022)
Expenses
$1,591,762 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,525,516

Assets and Liabilities:

  • Total Assets: $262,373
  • Total Liabilities: $270,945
  • Net Assets: -$8,572

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Organization Details

Founding Year

2018

Main Address

6065 S WESTERN AVENUE, LOS ANGELES, CA, 90047

NTEE Category

Code: F20 - Mental health

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