Overview
What is Poets In Need?
Poets In Need is a nonprofit organization based in Berkeley, California. Their primary mission is to offer emergency financial aid to contemporary poets who have established a significant presence in the literary community as trailblazers in their field and possess a substantial body of published work. The assistance provided is limited to instances of current financial need exceeding the poet's normal situation. In 2022, Poets In Need granted aid to 16 poets, totaling $46,000, with the size of the grants depending on the individual's needs. The organization receives donations from both individuals and organizations.
Official website here: www.poetsinneed.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Poets In Need has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance with a score of 76%. This score primarily derives from a strong emphasis on accountability and finance, where the organization excelled in several areas. Key strengths include a fully independent board, no material diversion of assets, and a high program expense ratio of 88.91%, indicating effective use of funds toward its mission.
However, there are notable limitations in the area of governance policies, as the organization is missing several critical policies, such as a conflict of interest policy and a whistleblower policy. These omissions could raise concerns about transparency and accountability in governance. Despite these areas for improvement, Poets In Need’s financial management and commitment to its mission demonstrate a strong overall foundation.
The organization is encouraged to address the missing governance policies to enhance its operational integrity further. The positive financial indicators and accountability measures highlight its dedication to fulfilling its mission effectively while ensuring that resources are allocated appropriately.
This AI summary has been generated from information found on Charity Navigator.
Is Poets In Need legitimate?
Poets In Need is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poets In Need 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.poetsinneed.com
What is the mission statement of Poets In Need?
Poets In Need, as a philanthropic organization, is committed to providing emergency financial assistance to poets who have established themselves in the literary community as innovative voices and possess a substantial body of published work. This aid is offered only in situations where the poet is currently facing a financial predicament that exceeds their usual circumstances. The mission of Poets In Need is to offer a lifeline to these creatives during their times of need, contributing to the continuity and flourishing of the literary community. In 2022, Poets In Need granted emergency funds to 16 contemporary poets, totaling 46,000 dollars, with the size of the grants varying according to the applicant's specific requirements. The organization's financial assistance is made possible through donations from 79 individuals and organizations.
Official website here: www.poetsinneed.com
What is the revenue of Poets In Need?
Poets In Need's revenue in 2023 was $49,921.
Official website here: www.poetsinneed.com
Who are the executives of Poets In Need and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.poetsinneed.com
Where can I find the form 990 for Poets In Need?
Poets In Need's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.poetsinneed.com
Learn more at the official website: www.poetsinneed.com
Mission Statement of Poets In Need
Poets In Need, an organization dedicated to supporting innovators in the literary community, offers emergency assistance to established poets who are facing financial hardships beyond their normal circumstances. This nonprofit provides financial aid only when the poet's current situation necessitates it. The assistance provided by Poets In Need is tailored to the specific needs of each applicant, ensuring that the aid is truly beneficial and makes a significant impact. In 2022, Poets In Need was able to assist 16 contemporary poets with a total of $46,000 in grants. These donations came from 79 individuals and organizations, demonstrating the widespread support for this noble cause.
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Impact
August, 2024
Poets In Need's impact can be seen in the direct assistance they provide to contemporary poets facing financial challenges. In 2022, this organization offered emergency financial aid to 16 poets, totaling $46,000 in grants. These grants were tailored to meet the specific needs of each recipient. The support offered by Poets In Need is crucial in helping these poets navigate periods of financial instability and continue their contributions to the literary community.
This information is meant to be a general summary of Poets In Need. 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: $953
- Gross Receipts: $49,921
Assets and Liabilities:
- Total Assets: $652,258
- Total Liabilities: $0
- Net Assets: $652,258
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Organization Details
Founding Year
2000
Principal Officer
Simone White
Website
www.poetsinneed.comNTEE Category
Code: T30 - Philanthropy
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