Overview
What is Ploughshares Fund Inc?
Ploughshares Fund Inc, situated in San Francisco, California, is a dedicated nonprofit organization that aims to mitigate and eventually eradicate the risk of nuclear weapons worldwide. They accomplish this objective by backing and funding initiatives that work towards reducing global nuclear arsenals and fostering stability in conflict-prone regions. Their mission is to establish a secure and nuclear weapon-free world, ensuring that such weapons will never be employed again. With a team of 26 individuals, Ploughshares Fund actively invests in various projects to achieve these goals, striving for a more peaceful and secure future for all.
Official website here: www.ploughshares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
Ploughshares Fund Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a score of 97% in Accountability & Finance and high marks in Culture & Community, the organization demonstrates effective governance and resource management. The board is comprised of 94% independent members, ensuring a diverse range of perspectives and oversight.
The nonprofit excels in its financial management, evidenced by a robust program expense ratio of nearly 79%, indicating that the majority of its funds are directed towards its mission-driven programs. Additionally, the fundraising efficiency ratio of $0.15 shows a commendable level of cost-effectiveness in raising funds. The organization has no reported material diversions of assets, which enhances its credibility and trustworthiness.
While the ratings reflect numerous strengths, there are some areas for improvement, particularly in its equity strategies and policies, which received mixed scores. This suggests that while the organization is making strides towards inclusivity, there are opportunities for enhancing its equity policies and practices. Overall, Ploughshares Fund Inc is a well-regarded nonprofit that effectively utilizes its resources to further its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ploughshares Fund Inc legitimate?
Ploughshares Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ploughshares Fund 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: $794,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ploughshares.org
What is the mission statement of Ploughshares Fund Inc?
Ploughshares Fund Inc's mission is focused on reducing the nuclear threat worldwide. They achieve this by developing and investing in initiatives aimed at decreasing global nuclear stockpiles and promoting stability in conflict zones. The ultimate goal is to establish a nuclear weapon-free world, ensuring that such weapons will never be used again. Ploughshares Fund Inc's activities are geared towards preventing the misuse of nuclear weapons and fostering peace in regions at risk of nuclear conflict.
Official website here: www.ploughshares.org
Who is the CEO of Ploughshares Fund Inc?
Emma Belcher is the President of Ploughshares Fund Inc.
Official website here: www.ploughshares.org
What is the revenue of Ploughshares Fund Inc?
Ploughshares Fund Inc's revenue in 2022 was $6,339,927.
Official website here: www.ploughshares.org
Who are the executives of Ploughshares Fund Inc and what are their salaries?
The average compensation at Ploughshares Fund Inc during 2022 was $30,544. There are 26 employees and 25 volunteers at Ploughshares Fund Inc.
Here are 25 key members and their salaries:
- Compensation: $293,625
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- Other: $27,450
- Compensation: $157,136
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- Other: $52,724
- Compensation: $127,482
- Related: $0
- Other: $55,763
- Compensation: $111,970
- Related: $0
- Other: $21,326
- Compensation: $96,407
- Related: $0
- Other: $18,166
- Compensation: $93,623
- Related: $0
- Other: $20,644
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Official website here: www.ploughshares.org
Where can I find the form 990 for Ploughshares Fund Inc?
Ploughshares Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ploughshares.org
Learn more at the official website: www.ploughshares.org
Mission Statement of Ploughshares Fund Inc
Ploughshares Fund, a nonprofit organization, is dedicated to reducing the nuclear threat. Their mission is to construct a safe and secure world devoid of nuclear weapons. They achieve this goal by developing and investing in initiatives aimed at decreasing the world's nuclear stockpiles and promoting stability in conflict-ridden regions. The ultimate aim is to prevent the use of nuclear weapons forever. By engaging in such efforts, Ploughshares Fund strives to contribute to a world where nuclear weapons no longer pose a threat to humanity.
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Impact
July, 2024
Ploughshares Fund Inc works to reduce the nuclear threat by developing and investing in initiatives aimed at eliminating the world's nuclear stockpiles and promoting stability in conflict regions. Through these efforts, the organization strives to create a safe and secure world free from nuclear weapons, ensuring that they are never used again.
This information is meant to be a general summary of Ploughshares Fund 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: $1,115,236
- Gross Receipts: $9,214,706
Assets and Liabilities:
- Total Assets: $27,533,939
- Total Liabilities: $2,169,161
- Net Assets: $25,364,778
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Organization Details
Founding Year
1981
Phone
(415) 668-2244Principal Officer
Emma Belcher
Main Address
315 BAY STREET 4TH FLOOR, SAN FRANCISCO, CA, 94133
Website
www.ploughshares.orgNTEE Category
Code: Q124 - International
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