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The Inner-City Foundation For Charity & Education Inc

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

EIN: 061318337 ✦ Bridgeport, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Inner-City Foundation For Charity & Education Inc?

The Inner-City Foundation For Charity & Education Inc, located in Bridgeport, Connecticut, is a nonprofit organization with a mission to strengthen and enhance educational opportunities in Fairfield County. They provide financial support to various agencies and institutions that cater to the needs of at-risk children and families within the region. Their activities extend beyond just financial aid, as they also offer community resources in response to charitable objectives. The foundation supports agencies that work towards the betterment of educationally and culturally disadvantaged children, adults, and senior citizens living in Fairfield County.


Official website here: www.innercityfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The Inner-City Foundation for Charity & Education Inc has achieved an impressive score of 97%, earning it a Four-Star rating, which signifies strong financial health and accountability. This high rating reflects the organization's commitment to transparency and effective governance, as evidenced by its independent board members and robust financial practices. The foundation maintains a 0.00% liabilities to assets ratio, indicating no debt, and a program expense ratio of 91.48%, which demonstrates that a significant portion of its funding goes directly to its charitable programs.

The organization showcases best practices in governance, with a fully independent board and comprehensive policies in place, including conflict of interest and whistleblower policies. The presence of documented board meeting minutes and a clearly listed website on its tax form further supports its credibility. Such measures ensure that stakeholders can trust the foundation's operational integrity and commitment to its mission.

While the foundation's financial metrics are strong, ongoing monitoring of its program outcomes and impact could enhance stakeholder confidence further. Overall, The Inner-City Foundation for Charity & Education Inc stands out as a well-managed nonprofit dedicated to its cause.


This AI summary has been generated from information found on Charity Navigator.

Is The Inner-City Foundation For Charity & Education Inc legitimate?

The Inner-City Foundation For Charity & Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Inner-City Foundation For Charity & Education 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.


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.innercityfoundation.org

What is the mission statement of The Inner-City Foundation For Charity & Education Inc?

The Inner-City Foundation for Charity & Education Inc's mission is centered around providing financial support to agencies and institutions whose programs cater to at-risk children and families. This organization aims to enhance and strengthen educational opportunities and institutions in its area of operation. In times of charitable needs, it offers support and community resources. The foundation primarily supports agencies that address the needs of educationally and culturally disadvantaged children, adults, and senior citizens.


Official website here: www.innercityfoundation.org

Who is the CEO of The Inner-City Foundation For Charity & Education Inc?

Richard T Stone is the Director of The Inner-City Foundation For Charity & Education Inc.


Official website here: www.innercityfoundation.org

What is the revenue of The Inner-City Foundation For Charity & Education Inc?

The Inner-City Foundation For Charity & Education Inc's revenue in 2022 was $3,598.


Official website here: www.innercityfoundation.org

Who are the executives of The Inner-City Foundation For Charity & Education Inc and what are their salaries?


Here are 6 key members and their salaries:


Edward J Caffrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Dornier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard J Matteis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela S Pagnani Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Gallagher Terrile (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard T Stone (Executive Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.innercityfoundation.org

Where can I find the form 990 for The Inner-City Foundation For Charity & Education Inc?

The Inner-City Foundation For Charity & Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.innercityfoundation.org

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

Mission Statement of The Inner-City Foundation For Charity & Education Inc

The Inner-City Foundation for Charity & Education Inc is dedicated to providing financial assistance to agencies and institutions whose programs cater to at-risk children and families. This nonprofit organization's mission is centered around enhancing and strengthening educational opportunities and institutions in Fairfield County, Connecticut. By offering support and community resources, The Inner-City Foundation for Charity & Education Inc aims to respond to charitable objectives. The organization extends its support to agencies that serve the needs of educationally and culturally disadvantaged children, adults, and senior citizens residing in Fairfield County.

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Impact




October, 2024

The Inner-City Foundation for Charity & Education Inc significantly enhances the lives of at-risk children and families in Fairfield County, Connecticut. By providing financial support to various agencies and institutions, it strengthens educational opportunities and resources for those facing cultural and educational disadvantages.

Through targeted investments, the foundation boosts programs designed to serve the needs of disadvantaged children, adults, and senior citizens, fostering an environment where educational and personal growth can flourish. Its commitment to responding to charitable objectives ensures that community resources are effectively allocated, making a meaningful impact on vulnerable populations and enhancing the overall quality of life in the region.




This information is meant to be a general summary of The Inner-City Foundation For Charity & Education Inc. 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.

Revenue
$39,051 (2022)
Expenses
$767,789 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,598

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1991

Principal Officer

Richard T Stone

Main Address

238 JEWETT AVENUE, BRIDGEPORT, CT, 06606

NTEE Category

Code: T31Z - Philanthropy

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