Overview
What is Copay Inc?
Copay Inc, based in Great Neck, New York, is a nonprofit organization that specializes in substance misuse treatment and mental health care. Their services extend beyond individual therapy to include family and group sessions, psychiatric evaluations, medication management, and crisis intervention. They also offer specialized programs for children, promoting academic support, leadership development, and skill enhancement. Copay Inc's mission is to promote positive change in communities by providing multilingual services and fostering strong, healthy families. With 17 dedicated employees, they strive to transform lives and improve overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Copay Inc has received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 71%. The organization demonstrates a strong commitment to independence, with 100% of its board members being independent. Additionally, it has excelled in areas such as financial oversight, with an Audit and Oversight Committee scoring full points and no reported material diversion of assets.
However, the organization faces significant limitations that have impacted its overall rating. Notably, it lacks critical policies such as a whistleblower and document retention policy, which have resulted in zero points in these categories. Furthermore, while the program expense ratio is impressive at 93.09%, indicating a high level of funds directed towards its programs, the liabilities to assets ratio of 80.29% raises concerns about financial stability. Additionally, the absence of the tax form on the nonprofit's website may hinder transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Copay Inc legitimate?
Copay Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Copay 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: $174,949
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,639
For more financial information, click here
What is the mission statement of Copay Inc?
Copay Inc's mission is centered around providing substance misuse treatment and addressing co-occurring mental health and relationship issues. The organization promotes leadership, education, and community participation, particularly focusing on children and families. Copay Inc strives to enhance and transform communities through continuous education. Their services are multilingual, catering to a diverse population, and they aim to help build strong, healthy families. Their clinical offerings include individual and family therapy, psychiatric evaluations, medication-assisted treatment, and various other support services.
Who is the CEO of Copay Inc?
Maria Cuadra is the As Needed of Copay Inc.
What is the revenue of Copay Inc?
Copay Inc's revenue in 2022 was $924,006.
Who are the executives of Copay Inc and what are their salaries?
The average compensation at Copay Inc during 2022 was $30,093. There are 17 employees and 6 volunteers at Copay Inc.
There is 1 key member and their salary:
- Compensation: $174,949
- Related: $0
- Other: $0
Where can I find the form 990 for Copay Inc?
Copay Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Copay Inc
Copay Inc, a nonprofit organization, is dedicated to providing substance misuse treatment and care for individuals dealing with co-occurring mental health and relationship issues. Their mission is multifaceted, aiming to promote leadership, education, and community participation among children and families. Beyond this, Copay Inc strives to transform and enhance communities through ongoing education. Their services are accessible to individuals from diverse linguistic backgrounds, ensuring they can offer assistance to a wide range of individuals.
At the core of Copay Inc's mission is the provision of clinical services. They offer individual, family, and group therapy sessions, as well as psychiatric evaluations and medication-enhanced treatments. Furthermore, they conduct psycho-social evaluations, substance misuse treatment, and crises intervention. For children, they provide academic support, leadership development, skills remediation, and enhancement, along with evidence-based groups and parenting skills training. Their services extend to full summer and afterschool programs.
In summary, Copay Inc stands as a beacon of hope and support for individuals and families grappling with substance misuse and co-occurring mental health issues. Through their comprehensive clinical services and community-focused initiatives, they aim to promote healing, growth, and the betterment of communities as a whole.
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Impact
July, 2024
Copay Inc's impact can be seen in their provision of substance misuse treatment and counseling services to individuals and families in need. They offer a range of clinical services including therapy, psychiatric evaluations, medication-enhanced treatment, crisis intervention, and children's services such as academic support and leadership development. By addressing substance misuse as well as co-occurring mental health and relationship issues, Copay Inc is working to enhance the well-being of individuals and families in the community. Additionally, their focus on education, leadership development, and community participation is helping to transform and strengthen communities. Through their multilingual services and commitment to building strong, healthy families, Copay Inc is making a positive impact on community improvement.
This information is meant to be a general summary of Copay 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $35,124
- Gross Receipts: $924,006
Assets and Liabilities:
- Total Assets: $819,308
- Total Liabilities: $657,825
- Net Assets: $161,483
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER CONTRIBUTIONS AND GRANTS
Revenue
$35,124
Organization Details
Founding Year
1970
Phone
(516) 466-2509Principal Officer
Maria Cuadra
Main Address
21 NORTH STATION PLAZA, GREAT NECK, NY, 11021
NTEE Category
Code: S20 - Community improvement
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