Overview
What is Coldwater Inc?
Coldwater Inc is a nonprofit organization situated in Lees Summit, Missouri, specifically at 838 SW Blue Parkway. Their primary mission is to combat hunger among children in the local area, particularly during weekends when they might otherwise go without sufficient food. This is achieved through their No Hungry Kids/Back Snack program, which distributes backpacks filled with nutritious supplies to children in need. Coldwater Inc's initiatives are geared towards raising awareness, providing aid, educating, and offering relief to those struggling with food scarcity. With a small team of just two dedicated individuals, they strive to make a significant impact in their community.
Official website here: www.coldwater.me/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Coldwater Inc has received a two-star rating from Charity Navigator, indicating some room for improvement in its operations and governance. While the organization boasts strong program efficiency, with a program expense ratio of 93.11%, it faces challenges due to missing key policies such as conflict of interest and whistleblower protections. The financial metrics reveal a healthy liabilities-to-assets ratio of 21.55%, suggesting solid financial management.
Despite its governance weaknesses, Coldwater Inc showcases a commitment to transparency through 100% independent board members and the availability of board meeting minutes. The organization excels in constituent feedback metrics, indicating that it actively engages with and values the input from those it serves. This reflects positively on its community involvement and operational practices.
The overall accountability and finance score of 69 highlights areas that the organization needs to address, particularly in enhancing its governance policies. While the strengths in community engagement and program efficiency are commendable, the lack of critical policies may hinder its overall effectiveness and credibility in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Coldwater Inc legitimate?
Coldwater Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coldwater 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: $66,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.coldwater.me/
What is the mission statement of Coldwater Inc?
Coldwater Inc, through its mission, aims to offer awareness, aid, education, and relief to individuals in need. This is primarily achieved through their Food Pantry and Backpack Program. The No Hungry Kids/Back Snack initiative provides backpacks filled with food to children in the Lee's Summit area who may go hungry over the weekend, contributing to their overall well-being and alleviating food insecurity. By providing these essential resources, Coldwater Inc plays a significant role in supporting those in need and promoting community welfare.
Official website here: www.coldwater.me/
Who is the CEO of Coldwater Inc?
Shelly Cole is the Executive Director of Coldwater Inc.
Official website here: www.coldwater.me/
What is the revenue of Coldwater Inc?
Coldwater Inc's revenue in 2022 was $1,053,723.
Official website here: www.coldwater.me/
Who are the executives of Coldwater Inc and what are their salaries?
The average compensation at Coldwater Inc during 2022 was $33,454. There are 2 employees and 61 volunteers at Coldwater Inc.
Here are 11 key members and their salaries:
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- Related: $32,113
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- Related: $30,000
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.coldwater.me/
Where can I find the form 990 for Coldwater Inc?
Coldwater Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coldwater.me/
Learn more at the official website: www.coldwater.me/
Mission Statement of Coldwater Inc
Coldwater Inc, as a nonprofit organization, is committed to addressing food insecurity among children in need. Their mission is primarily centered around two key programs: the Food Pantry and the Backpack Program. These initiatives aim to provide awareness, aid, education, and relief to those who are struggling. Through the Food Pantry, Coldwater Inc offers essential food items to families in need, ensuring that no child goes hungry during the weekends, a time when many children rely on school meals. The Backpack Program, an extension of their mission, provides backpacks filled with nutritious food to children in the Lee's Summit area. This program is specifically designed to cater to children who may not have access to sufficient food outside of school hours. In essence, Coldwater Inc's mission is to alleviate hunger and promote food security for children, thereby contributing to their overall well-being and development.
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Impact
October, 2024
Coldwater Inc plays a crucial role in alleviating hunger and supporting families within the Lee's Summit community. Through its No Hungry Kids/Back Snack program, the organization provides backpacks filled with food to children who might otherwise face food scarcity during weekends. This initiative not only addresses immediate nutritional needs but also raises awareness about food insecurity in the region.
By focusing on education and relief, Coldwater Inc empowers families and fosters a sense of community support. The program significantly impacts public safety by ensuring that children have access to the food they need to thrive, helping to create a healthier and more stable environment for all. Overall, Coldwater Inc's dedication to aiding those in need contributes to the well-being of not just individual families but the entire community.
This information is meant to be a general summary of Coldwater 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: $95,070
- Gross Receipts: $1,053,723
Assets and Liabilities:
- Total Assets: $1,164,873
- Total Liabilities: $251,132
- Net Assets: $913,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLOTHES CLOSET
Revenue
$1,773
FOOD PANTRY
Revenue
$67,554
NO HUNGRY KIDS
Revenue
$16,750
SUMMER LUNCHES
Revenue
$8,993
Organization Details
Founding Year
2005
Phone
(816) 786-0758Principal Officer
Shelly Cole
Main Address
838 SW BLUE PARKWAY, LEES SUMMIT, MO, 64063
Website
www.coldwater.me/NTEE Category
Code: M12 - Public safety
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