Overview
What is The Wednesday Club?
The Wednesday Club is a nonprofit organization situated in San Diego, California. Their primary objective is to foster educational and cultural development within the local community. They achieve this goal by organizing guest series, offering a platform for various speakers to share their insights and knowledge. The Guest series program, which comes at a cost, is a significant part of their offerings. This initiative aims to enrich the community by exposing its members to diverse perspectives and ideas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%
The Wednesday Club has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization scored only 13%, with particularly low scores in key areas such as board independence, conflict of interest policies, and transparency regarding financial documents. The complete absence of independent board members raises questions about governance and oversight.
While The Wednesday Club has reported no material diversion of assets and maintains documented board meeting minutes, the lack of essential policies and missing financial disclosures severely undermine its credibility. Additionally, the program expense ratio indicates that only a small portion of its expenses is directed towards programmatic work, which could be concerning for potential donors and supporters.
Overall, The Wednesday Club faces substantial challenges in demonstrating accountability and effective financial management. The lack of foundational governance practices may deter potential donors looking for transparency and responsible stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is The Wednesday Club legitimate?
The Wednesday Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wednesday Club 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: $15,300
For more financial information, click here
What is the mission statement of The Wednesday Club?
The organization known as The Wednesday Club aims to foster educational and cultural advancement within the community. They achieve this objective by organizing guest series events. The primary mission of The Wednesday Club is to stimulate intellectual growth and broaden cultural perspectives among its community members. Through these guest series, the organization provides an opportunity for individuals to engage with distinguished speakers and gain diverse insights. The activities of The Wednesday Club contribute to a more enlightened and culturally rich community.
Who is the CEO of The Wednesday Club?
Elizabeth Gildred is the President of The Wednesday Club.
What is the revenue of The Wednesday Club?
The Wednesday Club's revenue in 2023 was $73,488.
Who are the executives of The Wednesday Club and what are their salaries?
The average compensation at The Wednesday Club during 2023 was $15,300. There is 1 employee at The Wednesday Club.
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Where can I find the form 990 for The Wednesday Club?
The Wednesday Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Wednesday Club
The Wednesday Club, an organization, is committed to fostering educational and cultural advancement within its community. It achieves this mission by organizing guest series events. The primary purpose of these events is to stimulate learning and broaden perspectives, thereby contributing to the overall development of the community. The organization's approach to this mission is through the Guest series program, a feature that requires a financial investment.
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Impact
August, 2024
The impact of The Wednesday Club is seen through its promotion of educational and cultural growth in the community through its guest series program. By organizing these events, The Wednesday Club provides a platform for knowledge-sharing, dialogue, and enrichment within the community. This helps to foster a sense of intellectual curiosity and community engagement among its members and attendees. Ultimately, The Wednesday Club plays a valuable role in contributing to the educational and cultural development of the community in San Diego, CA.
This information is meant to be a general summary of The Wednesday Club. 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: $582
- Program Service Revenue: $66,425
- Gross Receipts: $114,078
Assets and Liabilities:
- Total Assets: $502,010
- Total Liabilities: $0
- Net Assets: $502,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$66,425
Organization Details
Founding Year
1906
Phone
(619) 295-2438Principal Officer
Elizabeth Gildred
Main Address
540 Ivy Lane, San Diego, CA, 92103
NTEE Category
Code: S80Z - Community improvement
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