Overview
What is Twenty Inc?
Twenty Inc, based in Sonoma, California, is a nonprofit organization that focuses on empowering underrepresented Gen Z youth. They achieve this by continuing the development and operation of a mobile application named Hello World. This app serves as a platform that connects these youths with organizations, providing them with valuable opportunities such as mentorships, fellowships, and funding. One of their most notable programs, Rise, has supported 100 young individuals with comprehensive funding for their educational and entrepreneurial pursuits. Twenty Inc's mission is to recognize, develop, and back these ambitious Gen Z youth who strive to make a positive impact on the world.
Official website here: www.helloworldnetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
Twenty Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance with a score of 77% in Accountability & Finance. This rating is a strong indicator of the organization's commitment to financial transparency and responsible management of resources. The overall score is derived entirely from their accountability practices, suggesting that this nonprofit prioritizes these aspects in its operations.
The organization demonstrates notable strengths, including a perfect score in material diversion of assets and strong policies regarding conflicts of interest and whistleblower protections. Additionally, Twenty Inc has a high program expense ratio of 84.68%, indicating that most of its funds are allocated directly towards its programs rather than administrative costs. Such metrics are crucial for stakeholders looking to assess the impact and effectiveness of their contributions.
However, while the financial health of Twenty Inc appears robust, it is worth noting that the salaries of key personnel are relatively high, with the President & CEO earning $244,615 and the Secretary receiving $242,998. Potential donors may want to consider the balance between leadership compensation and the organization's mission when evaluating their support. Overall, the organization shows promise in its accountability practices, making it a viable option for philanthropic support.
This AI summary has been generated from information found on Charity Navigator.
Is Twenty Inc legitimate?
Twenty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twenty 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: $358,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $729,477
For more financial information, click here
Official website here: www.helloworldnetwork.org
What is the mission statement of Twenty Inc?
Twenty Inc's mission, as stated, is centered around identifying, fostering, and supporting underrepresented young individuals from Generation Z who are driven by a desire to make a positive impact on the world. This is achieved through the continued growth and operation of the mobile application, Hello World. This app serves as a platform that connects these youths with organizations, providing them with valuable resources such as mentorships, fellowships, and funding opportunities. The organization's largest program, Rise, has backed the education and entrepreneurial pursuits of 100 such individuals, offering them long-term financial support for their college education or startup ventures.
Official website here: www.helloworldnetwork.org
Who is the CEO of Twenty Inc?
Chalon Bridges is the Secretary of Twenty Inc. The CEO's salary of Twenty Inc is $175,415 and their total compensation is $175,415.
Official website here: www.helloworldnetwork.org
What is the revenue of Twenty Inc?
Twenty Inc's revenue in 2022 was $820,113.
Official website here: www.helloworldnetwork.org
Who are the executives of Twenty Inc and what are their salaries?
The average compensation at Twenty Inc during 2022 was $72,547. There are 15 employees and 5 volunteers at Twenty Inc.
Here are 10 key members and their salaries (Twenty Inc's CEO's salary is $175,415 and their total compensation is $175,415):
- Compensation: $167,340
- Related: $0
- Other: $15,967
- Compensation: $175,415
- Related: $0
- Other: $0
- Compensation: $118,389
- Related: $0
- Other: $14,392
- Compensation: $118,750
- Related: $0
- Other: $8,168
- Compensation: $118,706
- Related: $0
- Other: $8,052
- 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.helloworldnetwork.org
Where can I find the form 990 for Twenty Inc?
Twenty Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.helloworldnetwork.org
Learn more at the official website: www.helloworldnetwork.org
Mission Statement of Twenty Inc
Twenty Inc, an organization, is dedicated to identifying, nurturing, and supporting underrepresented Gen Z youth who are passionate about making a positive impact on the world. Their mission is multifaceted, encompassing the continued development and operation of a mobile application named Hello World. This application serves as a platform for these youths to showcase their talents and abilities beyond traditional metrics. Twentieth Inc. then connects these students with organizations, providing them with opportunities for mentorships, fellowships, and financial assistance.
One of the most significant programs run by Twenty Inc. is Rise. This program offers long-term financial support to 100 underrepresented youths, investing in their college education, start-ups, and other ventures. By providing these opportunities, Twenty Inc. aims to empower these young individuals to make a lasting impact on their communities and the world at large. The organization's mission is a testament to its commitment to recognizing and nurturing the potential of underrepresented Gen Z youth, equipping them with the resources and support they need to make a positive difference.
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Impact
July, 2024
Twenty Inc's impact lies in its dedication to noticing, developing, and supporting underrepresented Gen Z youth who aspire to make a positive impact on the world. Through its mobile application, Hello World, the organization provides a platform for students to showcase their skills and connect with opportunities beyond traditional metrics. The flagship program, Rise, has successfully sponsored 100 youths with full-ride funding for college, start-ups, and other endeavors. Based in Sonoma, CA, Twenty Inc's mission is to empower young individuals who are often overlooked, offering them mentorships, fellowships, and essential financial backing.
This information is meant to be a general summary of Twenty 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 2022.
- Investment Income: $34
- Gross Receipts: $820,113
Assets and Liabilities:
- Total Assets: $1,275,322
- Total Liabilities: $22,436
- Net Assets: $1,252,886
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Organization Details
Founding Year
2019
Phone
(707) 738-9941Principal Officer
Chalon Bridges
Main Address
19201 Sonoma Hwy 275, Sonoma, CA, 95476
Website
www.helloworldnetwork.orgNTEE Category
Code: Z99 - Unknown
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