Overview
What is Community Charter School Of Cambridge Foundation Inc?
Community Charter School of Cambridge Foundation Inc is a nonprofit organization, whose primary purpose is to support and financially aid the Community Charter School of Cambridge. Their mission encompasses providing necessary grants to the school and actively advocating for its well-being. By doing so, they contribute to the school's growth and development, ultimately benefiting the community it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 42% (Zero-Star out of Four Stars)
The Community Charter School Of Cambridge Foundation Inc has received a low score of 42% from Charity Navigator, resulting in a Zero-Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial practices. While the foundation does have a fully independent board and strong auditing oversight, it lacks several critical governance policies and practices that affect its overall score.
One of the notable strengths is the board's independence, with all members being independent and a well-sized board that meets governance standards. However, the organization falls short in transparency and accountability, as highlighted by the absence of a website, conflict of interest policy, and whistleblower policy. Additionally, the foundation shows concerning financial metrics, with a 92.18% liabilities-to-assets ratio and a reported zero percent in program expenses, suggesting ineffective use of funds for its intended charitable purposes.
These limitations paint a troubling picture of the foundation's operational health and effectiveness. Without improvements in governance and financial management, it may struggle to gain trust and support from the community and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Community Charter School Of Cambridge Foundation Inc legitimate?
Community Charter School Of Cambridge Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Charter School Of Cambridge 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.
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What is the mission statement of Community Charter School Of Cambridge Foundation Inc?
The Community Charter School of Cambridge Foundation Inc's mission is centered around supporting its namesake institution. This organization aims to achieve this objective by offering financial grants to the Community Charter School of Cambridge. In essence, the Foundation's primary role is to bolster the educational endeavors of the community charter school. By providing necessary resources, the Foundation contributes to the school's overall success and growth.
Who is the CEO of Community Charter School Of Cambridge Foundation Inc?
Denise Jillson is the President/Director of Community Charter School Of Cambridge Foundation Inc.
What is the revenue of Community Charter School Of Cambridge Foundation Inc?
Community Charter School Of Cambridge Foundation Inc's revenue in 2022 was $1,583,561.
Who are the executives of Community Charter School Of Cambridge Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Community Charter School Of Cambridge Foundation Inc?
Community Charter School Of Cambridge Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Charter School Of Cambridge Foundation Inc
The Community Charter School of Cambridge Foundation Inc is dedicated to supporting its namesake institution, the Community Charter School of Cambridge. This nonprofit organization's mission is to provide financial aid and resources to the school, thereby contributing to its overall success and growth. By offering grants and other forms of assistance, the foundation plays a crucial role in ensuring that the Community Charter School of Cambridge has the necessary resources to provide quality education to its students. In essence, the Community Charter School of Cambridge Foundation Inc serves as a champion for the school, working tirelessly to support its mission and help it thrive.
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Impact
October, 2024
The Community Charter School of Cambridge Foundation Inc plays a vital role in enhancing educational opportunities for students. By providing grants to the Community Charter School of Cambridge, it ensures that essential resources are available for innovative programs, extracurricular activities, and overall improvements in the school environment. This support facilitates a richer learning experience, empowering students to reach their full potential and encouraging academic excellence. The foundation's commitment to education directly impacts the local community, fostering a stronger, more engaged, and well-supported student body in Cambridge, MA.
This information is meant to be a general summary of Community Charter School Of Cambridge 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.
- Investment Income: -$18,044
- Program Service Revenue: $57,607
- Gross Receipts: $1,583,561
Assets and Liabilities:
- Total Assets: $23,477,957
- Total Liabilities: $21,818,510
- Net Assets: $1,659,447
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CCSC
Revenue
$43,301
College Persistence Fund
Revenue
$14,306
Organization Details
Founding Year
2005
Phone
(617) 354-0047Principal Officer
Denise Jillson
Main Address
245 Bent Street, Cambridge, MA, 02141
NTEE Category
Code: B11 - Education
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