Overview
What is Koal To Diamond?
Koal To Diamond is a supportive network based in Pine Bluff, Arkansas, functioning as a multiservice human organization. Their primary mission is to mentor young individuals of African descent, aiming to positively influence their lives and development. This organization offers various services to achieve this goal.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Koal To Diamond has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its overall accountability and financial practices, with an overall score of only 33%. While the organization has a strong representation of independent board members, scoring full points in both the majority independent board members and independent board size categories, it falls short in critical transparency metrics.
The organization lacks essential policies and documentation, including a conflict of interest policy, whistleblower policy, and board meeting minutes, all of which contributed to its low score. These absences raise red flags about the governance and operational integrity of the nonprofit. Additionally, the organization's financial health is questionable, as it reported a program expense ratio of 0.00%, implying that it may not be utilizing its resources effectively for its intended charitable purposes.
While Koal To Diamond has demonstrated some strengths in board independence and asset management, the overall lack of transparency and accountability is concerning. Interested donors and stakeholders should carefully consider these factors when evaluating the organization's credibility and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Koal To Diamond legitimate?
Koal To Diamond is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koal To Diamond 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
What is the mission statement of Koal To Diamond?
Koal To Diamond is an organization dedicated to mentoring young individuals from the African American community. Their mission is to provide guidance and support to these young people, aiming to empower them and contribute to their personal growth. By offering mentorship programs, Koal To Diamond strives to foster positive development and help these young individuals navigate various challenges they may encounter. The organization's goal is to create a more enriching environment for the youth, ultimately contributing to a more inclusive and empowered community.
Who is the CEO of Koal To Diamond?
Archie Sanders is the President of Koal To Diamond.
What is the revenue of Koal To Diamond?
Koal To Diamond's revenue in 2022 was $15,072.
Who are the executives of Koal To Diamond 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
Where can I find the form 990 for Koal To Diamond?
Koal To Diamond's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Koal To Diamond
Koal To Diamond, a multiservice human service organization, is dedicated to mentoring young Afro-Americans. Their mission is centered around supporting this demographic, providing them with guidance and support to help them navigate their lives. The organization's focus is on empowering these young individuals, aiming to make a positive impact on their lives. By mentoring, Koal To Diamond seeks to contribute to the growth and development of the next generation of Afro-American leaders.
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Impact
August, 2024
Koal To Diamond's impact lies in its commitment to providing mentorship to young Afro Americans. By offering support, guidance, and resources, the organization aims to empower these individuals to navigate challenges, achieve their goals, and reach their full potential. This mentorship can have a transformative effect on the lives of the youth involved, equipping them with the skills and confidence they need to succeed in various aspects of their lives. Through its dedicated mission, Koal To Diamond plays a crucial role in building a stronger, more resilient community in Pine Bluff, AR.
This information is meant to be a general summary of Koal To Diamond. 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.
- Gross Receipts: $15,072
Assets and Liabilities:
- Total Assets: $87,907
- Total Liabilities: $0
- Net Assets: $87,907
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Organization Details
Founding Year
2007
Principal Officer
Archie Sanders
Main Address
PO BOX 6014, Pine Bluff, AR, 71611
NTEE Category
Code: P20 - Human services
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