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Ww Good Foundation Inc

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

EIN: 833896010 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ww Good Foundation Inc?

Ww Good Foundation Inc, headquartered in New York City, serves as the charitable arm of a broader organization. Its mission revolves around enhancing overall health outcomes and eliminating obstacles to wellness. The foundation specifically focuses on supporting organizations involved in three key areas: food security, physical activity, and mental health. In collaboration with local food banks, Ww Good Foundation Inc works towards addressing immediate food needs in crisis situations through its association with Feeding America. This nonprofit organization aims to make a substantial impact in promoting wellness and addressing societal challenges in these crucial areas.


Official website here: www.weightwatchers.com/us/wwgood

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)

Ww Good Foundation Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting some challenges in governance despite strong financial metrics. The organization scored 100% in accountability and finance, indicating effective management of funds. However, the absence of independent board members and missing key policies such as conflict of interest and whistleblower protections raises concerns about governance practices.

While the foundation demonstrates a commendable program expense ratio of 97.33%, signifying that nearly all expenditures are directed towards its mission, the lack of transparency and documented board meeting minutes detracts from its credibility. The organization's financial health appears stable with a liabilities to assets ratio of 19.93%, suggesting it does not face immediate financial threats.

Overall, Ww Good Foundation Inc shows potential in its financial management but needs to address significant governance issues to enhance accountability and build trust among stakeholders. The absence of critical policies and independent oversight remains a notable limitation.


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

Is Ww Good Foundation Inc legitimate?

Ww Good Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ww Good Foundation 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


Official website here: www.weightwatchers.com/us/wwgood

What is the mission statement of Ww Good Foundation Inc?

WW Good Foundation Inc., as the charitable wing of WWI, dedicates its efforts to enhancing health outcomes for all individuals. The foundation supports organizations that work towards eliminating obstacles to wellness, specifically in the areas of food security, physical activity, and mental health. By backing these organizations, WW Good Foundation, Inc. aims to make wellness more accessible to everyone. One of the organizations it partners with is Feeding America, which plays a crucial role in addressing food insecurity in communities facing crises.


Official website here: www.weightwatchers.com/us/wwgood

Who is the CEO of Ww Good Foundation Inc?

Diana Kats is the Secretary of Ww Good Foundation Inc.


Official website here: www.weightwatchers.com/us/wwgood

What is the revenue of Ww Good Foundation Inc?

Ww Good Foundation Inc's revenue in 2022 was $1,153,412.


Official website here: www.weightwatchers.com/us/wwgood

Who are the executives of Ww Good Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Michael Colosi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sima Sistani (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nich Hotchkin (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindy Grossman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcneill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy O'Keefe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.weightwatchers.com/us/wwgood

Where can I find the form 990 for Ww Good Foundation Inc?

Ww Good Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.weightwatchers.com/us/wwgood

Learn more at the official website: www.weightwatchers.com/us/wwgood

Mission Statement of Ww Good Foundation Inc

WW Good Foundation Inc, as the not-for-profit arm of WWI, is dedicated to improving health outcomes for all individuals and supporting organizations that work towards eliminating barriers to wellness. Their focus areas include organizations that operate in food security, physical activity, and mental health. By doing so, WW Good Foundation Inc aims to contribute to the betterment of overall health for everyone. The foundation supports these organizations in their missions, recognizing the importance of addressing various aspects of wellness to promote a healthier society.

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Impact




July, 2024

Ww Good Foundation Inc, the nonprofit arm of WWI, is dedicated to improving health outcomes for individuals and supporting organizations working to address barriers to wellness such as food security, physical activity, and mental health. Through partnerships with organizations like Feeding America, Ww Good Foundation Inc plays a crucial role in addressing immediate community needs and promoting overall well-being. Their work in education and advocacy has a significant impact on the health and wellness of individuals across various communities.




This information is meant to be a general summary of Ww Good Foundation 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.

Revenue
$1,153,412 (2022)
Expenses
$826,243 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,153,412

Assets and Liabilities:

  • Total Assets: $311,780
  • Total Liabilities: $62,167
  • Net Assets: $249,613

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Organization Details

Founding Year

2019

Principal Officer

Diana Kats

Main Address

675 Ave Of the Americas 6th Floor, New York, NY, 10010

NTEE Category

Code: B90 - Education

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