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Community Success Initiative Inc

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

EIN: 161702165 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Community Success Initiative Inc?

Community Success Initiative Inc. is a nonprofit organization situated in Raleigh, North Carolina. Their primary mission is to support individuals transitioning back into society from prison, as well as their families. This is achieved through their 'Resource Center Without Walls,' offering small group trainings and individual mentoring in various skills such as life skills, leadership, entrepreneurship, and financial literacy. They also facilitate gatherings for individuals with experiences in the criminal justice system, providing a platform for knowledge exchange and problem-solving. The goal is to foster personal growth and leadership skills, ultimately contributing to community development and reducing crime.


Official website here: www.communitysuccess.org

What are the reviews and ratings of this charity?

Charity Navigator rating: Zero-Star out of Four Stars (41%)

Community Success Initiative Inc has received a Zero-Star rating from Charity Navigator, reflecting significant concerns regarding its financial accountability and transparency. While the organization has demonstrated strength in having an entirely independent board and maintaining key governance policies, it scored poorly on financial metrics, particularly in areas such as program expense ratio and liabilities to assets ratio.

The nonprofit manages to uphold certain governance standards effectively, with strong scores in categories like board independence and conflict of interest policies. However, the lack of accessible financial statements and low program expense ratios raises questions about the organization’s operational efficiency and the impact of its programs.

Additionally, the salary of the Executive Director, at $162,500, is noted, which could be a point of concern for donors considering the organization’s overall financial health. Overall, while the board governance appears robust, the significant financial challenges highlighted could deter potential support from the public and donors.


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

Is Community Success Initiative Inc legitimate?

Community Success Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Success Initiative 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: $226,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.communitysuccess.org

What is the mission statement of Community Success Initiative Inc?

Community Success Initiative Inc's mission is centered around fostering communities where individuals can recognize their potential and establish life goals. The organization specifically aims to promote personal growth and leadership principles as a strategic approach to achieving success, with a particular focus on individuals transitioning from prison and jail back into society. CSI strives to fill a gap, making these principles recognized and accessible to everyday people.


Official website here: www.communitysuccess.org

Who is the CEO of Community Success Initiative Inc?

Dennis Gaddy is the Principal Officer of Community Success Initiative Inc.


Official website here: www.communitysuccess.org

What is the revenue of Community Success Initiative Inc?

Community Success Initiative Inc's revenue in 2022 was $1,333,976.


Official website here: www.communitysuccess.org

Who are the executives of Community Success Initiative Inc and what are their salaries?

There 25 volunteers at Community Success Initiative Inc.


Here are 4 key members and their salaries:


Dennis W Gaddy (Executive Director)
  • Compensation: $162,500
  • Related: $0
  • Other: $0
Lemuel H Thornton (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherwood Jackson (Director And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.communitysuccess.org

Where can I find the form 990 for Community Success Initiative Inc?

Community Success Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.communitysuccess.org

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

Mission Statement of Community Success Initiative Inc

Community Success Initiative (CSI) is committed to fostering communities where individuals can uncover their potential, establish ambitious objectives for their lives, and take proactive steps towards achieving success. With a particular focus on men and women transitioning from prison and jail back into society, CSI seeks to establish personal growth and leadership principles as a recognized approach to overcoming challenges and achieving personal success. The organization's mission is centered on filling a void, promoting the recognition of personal development and leadership as vital tools for achieving life goals.

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Impact




October, 2024

Community Success Initiative Inc. plays a transformative role in the lives of formerly incarcerated individuals and their families. By focusing on adult reentry, the organization provides essential support through its "Resource Center Without Walls." This initiative offers small group training and individual mentoring in key life skills, leadership, entrepreneurship, and financial literacy, helping individuals reintegrate into family and community life.

One of the significant impacts of CSI is its emphasis on building strong familial connections through gatherings that promote relationship strengthening and support networks. These sessions empower participants to navigate their transition effectively, providing them with the tools to address challenges.

Moreover, through advocacy and educational roundtables, Community Success Initiative Inc. fosters a deeper understanding of the criminal justice system, leveraging real-life experiences to inform policy and community strategies. By encouraging individuals to discover their potential and set ambitious goals, CSI creates pathways for personal growth and community stability, contributing to crime reduction and overall societal improvement.




This information is meant to be a general summary of Community Success Initiative 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
$1,333,976 (2022)
Expenses
$1,195,420 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $25,177
  • Gross Receipts: $1,333,976

Assets and Liabilities:

  • Total Assets: $412,155
  • Total Liabilities: $68,225
  • Net Assets: $343,930

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Wake County Finance

Revenue

$18,527

Rebuilding Broken Places

Revenue

$6,650

Organization Details

Founding Year

2005

Principal Officer

Dennis Gaddy

Main Address

PO Box 61114, Raleigh, NC, 27661

NTEE Category

Code: P20 - Human services

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