Overview
What is Broward Cares For Kids Foundation Inc?
Broward Cares For Kids Foundation Inc, based in Fort Lauderdale, Florida, is a nonprofit organization dedicated to supporting children in the welfare system. Established in 2007, they raised funds to purchase a facility that is now utilized by Childnet and other organizations for innovative group care programs. The foundation's primary mission is to aid these organizations in their exempt functions, specifically providing services to abused, abandoned, and neglected children within the local child welfare system. By renting out the facility to Reyna Group Home, Broward Cares For Kids Foundation provides an alternative funding source, enabling the implementation of services not eligible for state and federal funding. The foundation's sole objective is to raise funds to support these vulnerable children in Broward County.
Official website here: www.browardcaresforkids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Broward Cares For Kids Foundation Inc has received an 83% rating from Charity Navigator, which translates to a Three-Star rating. This score is based solely on their Accountability & Finance metrics, indicating a strong focus on financial integrity and transparency. The foundation excels in several areas, notably having a fully independent board and no material diversion of assets.
The organization maintains an impressive program expense ratio of 85.34%, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the foundation scores well on its accountability measures, such as having its website listed on tax forms and maintaining detailed board meeting minutes. However, it lacks policies for conflict of interest and whistleblower protection, which are areas noted for improvement.
Overall, while the foundation demonstrates strong financial accountability and effective program spending, addressing the absence of specific governance policies could enhance its operational transparency and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Broward Cares For Kids Foundation Inc legitimate?
Broward Cares For Kids Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broward Cares For Kids Foundation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.browardcaresforkids.org
What is the mission statement of Broward Cares For Kids Foundation Inc?
Broward Cares For Kids Foundation Inc's primary mission is to raise funds to support children in the welfare system. The funds raised by the foundation are exclusively utilized to benefit the abused, abandoned, and neglected children of Broward County who have been formally placed in the local child welfare system. The organization serves as an alternative source of funding for ChildNet, Inc. and their providers, enabling them to implement services that are not currently eligible for state and federal funding. By doing so, the foundation aims to enhance the services provided to these vulnerable children.
Official website here: www.browardcaresforkids.org
Who is the CEO of Broward Cares For Kids Foundation Inc?
Larry Rein is the Director of Broward Cares For Kids Foundation Inc.
Official website here: www.browardcaresforkids.org
What is the revenue of Broward Cares For Kids Foundation Inc?
Broward Cares For Kids Foundation Inc's revenue in 2022 was $69,996.
Official website here: www.browardcaresforkids.org
Who are the executives of Broward Cares For Kids Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.browardcaresforkids.org
Where can I find the form 990 for Broward Cares For Kids Foundation Inc?
Broward Cares For Kids Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.browardcaresforkids.org
Learn more at the official website: www.browardcaresforkids.org
Mission Statement of Broward Cares For Kids Foundation Inc
Broward Cares For Kids Foundation Inc is a nonprofit organization with a singular mission: to raise funds to support children in the welfare system. This mission is carried out by channeling the funds raised and donations received by the foundation towards the betterment of abused, abandoned, and neglected children who have been formally placed in the local child welfare system in Broward County. The organization serves as an alternative source of funding for ChildNet, Inc. and their providers, enabling them to implement services that are currently not eligible for state and federal funding. By providing this financial assistance, Broward Cares For Kids Foundation Inc plays a crucial role in enhancing the well-being and overall development of vulnerable children in the welfare system.
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Impact
August, 2024
Broward Cares For Kids Foundation Inc's impact lies in its dedicated efforts to support children in the welfare system. By raising funds and providing resources, the organization plays a crucial role in assisting abused, abandoned, and neglected children in Broward County who are under the care of the local child welfare system. One significant achievement of the foundation was the purchase of a housing facility in 2007, which is now utilized by ChildNet and other organizations to develop and implement innovative group care programs. By renting out this facility to Reyna Group Home, the organization further contributes to the provision of essential services for vulnerable children.
In essence, Broward Cares For Kids Foundation Inc serves as a vital source of funding for programs and services that may not be eligible for state and federal support, providing a valuable alternative resource for ChildNet, Inc. and its providers. Through its philanthropic endeavors, the foundation positively impacts the lives of disadvantaged children in Broward County, striving to create a brighter future for those in need.
This information is meant to be a general summary of Broward Cares For Kids Foundation 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: $69,996
- Gross Receipts: $69,996
Assets and Liabilities:
- Total Assets: $424,500
- Total Liabilities: $68,954
- Net Assets: $355,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME FROM UNA
Revenue
$69,996
Organization Details
Founding Year
2004
Phone
(954) 414-6000Principal Officer
Larry Rein
Main Address
1100 WEST MCNAB ROAD, FORT LAUDERDALE, FL, 33309
Website
www.browardcaresforkids.orgNTEE Category
Code: T30 - Philanthropy
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