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Nascent Solutions Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 412155341 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

Overview

What is Nascent Solutions Inc?

Nascent Solutions Inc, located in Alexandria, Virginia, is a nonprofit organization with a team of 13 dedicated individuals. Their mission is to empower rural women and youths by fostering their creative and entrepreneurial abilities, creating self-reliant local economies, and enhancing the overall quality of life for their families and communities. This is achieved through various projects, one of which is the implementation of the McGovern-Dole International Food for Education and Child Nutrition Program in Cameroon, funded by the USDA. This project aimed to improve literacy among school-age children, encourage positive health and dietary practices, and benefited over 1.2 million individuals directly and indirectly through 240 primary schools across four regions in Cameroon. In 2022, the project had a direct cost of $4,477,302 and an indirect cost of $85,618, which included a Commodity Grant of $1,777,942.


Official website here: www.nascents.org

Is Nascent Solutions Inc legitimate?

Nascent Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nascent Solutions 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.

Here are some key statistics you may want to consider:

Executive Compensation: $265,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,380,043

For more financial information, click here


Official website here: www.nascents.org

What is the mission statement of Nascent Solutions Inc?

Nascent Solutions Inc is dedicated to fostering self-reliance among rural women and youths by unlocking their innovative and entrepreneurial potential. Their mission is to empower these individuals to tackle local issues, establish resilient economies, and enhance the living standards of their families and communities. Through various initiatives, Nascent Solutions enables rural populations to find solutions to everyday problems, build sustainable economic structures, and ultimately, improve overall quality of life. One such initiative is the McGovern-Dole International Food for Education and Child Nutrition Program, aimed at boosting literacy and promoting positive health practices among school-age children in Cameroon. This program reached over 1 million individuals, including 765,000 students, and resulted in significant improvements in education and nutrition across four regions in the country.


Official website here: www.nascents.org

Who is the CEO of Nascent Solutions Inc?

Beatrice Wamey is the President And Ceo of Nascent Solutions Inc. The CEO's salary of Nascent Solutions Inc is $265,607 and their total compensation is $265,607.


Official website here: www.nascents.org

What is the revenue of Nascent Solutions Inc?

Nascent Solutions Inc's revenue in 2022 was $14,513,852.


Official website here: www.nascents.org

Who are the executives of Nascent Solutions Inc and what are their salaries?

The average compensation at Nascent Solutions Inc during 2022 was $203,512. There are 13 employees at Nascent Solutions Inc.

Here are 13 key members and their salaries (Nascent Solutions Inc's CEO's salary is $265,607 and their total compensation is $265,607):

    Beatrice Wamey (President And Ceo)
  • Compensation: $265,607
  • Related: $0
  • Other: $0

    • Patrick Gallagher (Senior Director Monitoring An)
  • Compensation: $135,526
  • Related: $0
  • Other: $0

    • Frehiwot Tarekegn (Director Of Finance And Accou)
  • Compensation: $123,334
  • Related: $0
  • Other: $0

    • Dr Avis Graham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Raymond Terry (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Lenox Graham (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jude Samua Nyambi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beatrice Namata (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Haris Mujadidi (Director Of Finance And Compl)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chenelle Jackson Tiana (Director Of Operaions)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Nelson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Comfort Atanga (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reverend Gerald Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nascents.org

    Where can I find the form 990 for Nascent Solutions Inc?

    The Nascent Solutions Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nascents.org

    Learn more at the official website: www.nascents.org

    Mission Statement of Nascent Solutions Inc

    Nascent Solutions Inc is a mission-driven organization that empowers rural women and youths to foster self-reliance and build thriving local economies. By harnessing their creative and entrepreneurial spirit, Nascent Solutions aims to enhance the quality of life for families and communities.

    In practical terms, Nascent Solutions has demonstrated this commitment through its involvement in the McGovern-Dole International Food for Education and Child Nutrition Program in Cameroon. Funded by the United States Department of Agriculture, the program boasts impressive numbers, reaching 228,241 direct beneficiaries and over 1 million indirect beneficiaries across four regions in Cameroon. Through this program, Nascent Solutions has instigated positive change in the lives of 765,000 schoolchildren and 240 primary schools.

    The organization's efforts extend beyond mere numbers. With a focus on literacy and health, Nascent Solutions has significantly contributed to improving the educational and nutritional wellbeing of countless individuals. The 2022 program saw a direct cost of $4,477,302 and an indirect cost of $85,618, including a substantial Commodity Grant of $1,777,942. Nascent Solutions' impact on the communities it serves is evident in the transformative outcomes for both the direct and indirect beneficiaries.

    Nascent Solutions' goal is to ignite a fire within rural women and youths, enabling them to address challenges, innovate, and contribute to the development of their communities. By fostering self-reliance and building resilient local economies, the organization sets the stage for a brighter future for individuals and their families.

    Impact

    This information is meant to be a general summary of Nascent Solutions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Nascent Solutions Inc is making a significant impact by promoting self-reliance and empowering rural women and youths to problem-solve, build resilient local economies, and enhance the quality of life for their families and communities. Through initiatives like the McGovern-Dole International Food for Education and Child Nutrition Program in Cameroon, funded by the United States Department of Agriculture, Nascent Solutions has directly benefited over 228,000 individuals and indirectly impacted over 1 million more. By focusing on improving literacy, health, and dietary practices among school-age children in Cameroon, Nascent Solutions is playing a crucial role in fostering development and positive change in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $14,513,852

    • Assets and Liabilities:
  • Total Assets: $6,860,525
  • Total Liabilities: $552,400
  • Net Assets: $6,308,125
  • Organization Details

    Founding Year

    2004

    Principal Officer

    Beatrice Wamey

    Main Address

    85 Bragg Street STE 500, Alexandria, VA, 22312

    NTEE Category

    Code: Q33 - International

    If you are a representative of Nascent Solutions Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.