The 3Millionclub Inc

Nonprofit profile at a glance

EIN
471197293
IRS 990 coverage
2015–2018
Forms available
Form 990 2018
Location
Miami, FL, USA
Phone
3057533358
Rating confidence
Limited
Sector
International Relief

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • CHAMUTAL AFEK-EITAM (CEO)

People named in this filing

  • DAN VIGDOR (DIRECTOR)
  • FRANCK BENHAMOU (DIRECTOR)
  • RAN TUSHIA (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Global eradication of child death to maltnutrition. To this end, the organization buys special food products, using the funds donated to the organization, for distribution to malnourished children between the ages of 0-5 years. The mediums utilized in the programs are established, local factories with governmental or international approval, for the purchase of ready-to-use therapeutic food ("rutf"), and local or international nongovernmental organizations (ngos), for the distribution to appropriate individuals.

What it reported doing in 2018

Eradication of child death to maltnutrition in Haiti. To this end, the Organization buys special food products, using the funds donated to the Organization, for distribution to malnourished children between the ages of 0-5 years. The mediums utilized in the programs are established, local factories with governmental or international approval, for the purchase of Ready-to-Use Therapeutic Food ("RUTF"), and local or international nongovernmental organizations (NGOs), such as Meds & Food For Kids, for the distribution to appropriate individuals. The program began in 2014. This pilot program is the start of the Organization's goal to eradicate child death due to malnutrition worldwide.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 83
  • Accountability: 12
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -58.8% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -47.6% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -75.8% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 11 of 12 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2015 to 2018
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.