Overview
What is One For The World Inc?
One for the World Inc. is a nonprofit organization situated in New York City, specifically at 228 Park Ave S PMB 53954. Its primary goal is to foster philanthropic awareness and encourage charitable giving among students and young professionals. By promoting the importance of donating 1% of their annual income, the organization aims to combat extreme poverty globally. Once contributions are gathered, qualifying nonprofit organizations in the United States and beyond receive these distributions. By fostering this philanthropic movement through education, training, and community building, One for the World Inc. aims to positively impact lives worldwide. The organization currently employs a team of 6 individuals.
Official website here: www.1fortheworld.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
One For The World Inc demonstrates a strong commitment to accountability and financial management, reflected in its impressive 100% score in this category. The organization has established a robust governance structure, with an independent board comprised entirely of members who are not affiliated with the organization. This governance is complemented by comprehensive policies covering conflict of interest and whistleblower protections, ensuring a high level of transparency and integrity in its operations.
Financially, One For The World Inc excels with a program expense ratio of 81.79%, indicating that a significant majority of its funds are allocated directly to its programs. Additionally, the organization boasts a low fundraising efficiency ratio of $0.04, meaning it incurs minimal costs in raising funds. These metrics underline the organization’s effective use of resources to further its mission.
While One For The World Inc has demonstrated strong performance in accountability and finances, its culture and community score of 83 suggests there may be areas for improvement, particularly in fostering community engagement and equity strategies. Overall, the nonprofit showcases a solid foundation for achieving its goals, but continued efforts in community outreach could enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
Is One For The World Inc legitimate?
One For The World Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One For The World 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: $109,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,130
For more financial information, click here
Official website here: www.1fortheworld.org
What is the mission statement of One For The World Inc?
One for the World Inc's mission is centered around building a movement to revolutionize charitable giving, aiming to eradicate extreme poverty globally. The organization seeks to achieve this goal through education, training, and community building. By raising awareness among students and young professionals about the significance of philanthropy, they encourage contributions of 1% of their annual income. These donations are then distributed to eligible nonprofit organizations both domestically and internationally, ultimately improving the lives of individuals worldwide.
Official website here: www.1fortheworld.org
Who is the CEO of One For The World Inc?
Jack Lewars is the Executive Director & Trustee of One For The World Inc.
Official website here: www.1fortheworld.org
What is the revenue of One For The World Inc?
One For The World Inc's revenue in 2023 was $2,096,801.
Official website here: www.1fortheworld.org
Who are the executives of One For The World Inc and what are their salaries?
The average compensation at One For The World Inc during 2023 was $47,256. There are 6 employees at One For The World Inc.
Here are 7 key members and their salaries:
- Compensation: $118,615
- Related: $0
- Other: $1,135
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.1fortheworld.org
Where can I find the form 990 for One For The World Inc?
One For The World Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.1fortheworld.org
Learn more at the official website: www.1fortheworld.org
Mission Statement of One For The World Inc
One For The World Inc, a philanthropic organization, aims to revolutionize charitable giving with the goal of eradicating extreme poverty. Their mission is centered around education, training, and community building. The organization seeks to create a movement of individuals who understand the significance of philanthropy and can contribute 1% of their annual income to support nonprofit organizations worldwide. These donations will be distributed to eligible nonprofits operating in the United States and globally. By promoting philanthropic awareness and charitable giving, One For The World Inc aims to enhance the quality of life for people around the world.
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Impact
July, 2024
One For The World Inc's impact is centered on revolutionizing charitable giving to end extreme poverty through education, training, and community building. The organization works to raise awareness among students and young professionals about the importance of philanthropy and how their contributions can make a difference. By encouraging donations of 1% of yearly income, One For The World Inc provides distributions to qualifying organizations in the United States and around the world. Through this philanthropic awareness and charitable giving program, the organization helps improve the quality of life for individuals globally.
This information is meant to be a general summary of One For The World 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 2023.
- Investment Income: $90
- Gross Receipts: $2,096,801
Assets and Liabilities:
- Total Assets: $1,394,767
- Total Liabilities: $155,157
- Net Assets: $1,239,610
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Organization Details
Founding Year
2019
Phone
(929) 509-1496Principal Officer
Jack Lewars
Main Address
228 PARK AVE S PMB 53954, NEW YORK, NY, 100031502
Website
www.1fortheworld.orgNTEE Category
Code: S80 - Community improvement
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