Overview
What is Cracker Barrel Cares Inc?
Cracker Barrel Cares Inc is a nonprofit organization headquartered in Lebanon, Tennessee, specifically at 305 Hartmann Drive. Its primary mission is to provide financial aid to employees of Cracker Barrel Old Country Store, Inc. and its affiliated companies, helping them cover expenses resulting from unforeseen disasters. These disasters can range from natural calamities to medical emergencies, the impact of COVID-19, instances of intimate partner violence, and the loss of a loved one. By offering this support, Cracker Barrel Cares Inc aims to alleviate the financial hardships faced by these employees during such challenging times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Cracker Barrel Cares Inc has achieved a high score of 94%, reflecting its strong performance in accountability and finance. The organization boasts a fully independent board, which enhances its governance structure, and it has received top marks for various financial metrics, including audit practices and asset management. The absence of material asset diversion and a comprehensive conflict of interest policy further underscores its commitment to transparency and integrity.
The nonprofit has excelled in maintaining low liabilities relative to its assets, showcasing a solid financial foundation. Additionally, a substantial portion of its expenses is directed towards programs, with a program expense ratio of 94.63%, indicating effective resource allocation toward its mission. The organization’s emphasis on proper governance practices, such as having documented board meeting minutes and established whistleblower policies, contributes to its overall credibility and trustworthiness.
While the data reflects strong financial health and governance, it is important for potential donors and stakeholders to consider the broader impact and effectiveness of its programs. Nonetheless, Cracker Barrel Cares Inc's performance metrics suggest a responsible and well-managed organization dedicated to fulfilling its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Cracker Barrel Cares Inc legitimate?
Cracker Barrel Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cracker Barrel Cares 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 Cracker Barrel Cares Inc?
Cracker Barrel Cares Inc's mission is centered around assisting their employees who encounter financial difficulties caused by unexpected disasters. This non-profit organization provides financial aid to employees of Cracker Barrel Old Country Store, Inc. and its affiliated companies, helping to cover costs resulting from various unexpected circumstances such as natural disasters, medical emergencies, COVID-19, intimate partner violence, and the loss of a loved one. By offering this support, Cracker Barrel Cares Inc aims to alleviate some of the financial burden during challenging times for their employees.
Who is the CEO of Cracker Barrel Cares Inc?
Philip Ransdell is the President of Cracker Barrel Cares Inc.
What is the revenue of Cracker Barrel Cares Inc?
Cracker Barrel Cares Inc's revenue in 2022 was $551,820.
Who are the executives of Cracker Barrel Cares Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Cracker Barrel Cares Inc?
Cracker Barrel Cares Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cracker Barrel Cares Inc
Cracker Barrel Cares Inc, as a nonprofit organization, is dedicated to assisting its employees who encounter financial difficulties due to unforeseen disasters. The mission of Cracker Barrel Cares Inc is to provide financial support to employees of Cracker Barrel Old Country Store, Inc. and its related entities, in circumstances such as natural disasters, medical emergencies, COVID-19, intimate partner violence, and the loss of a loved one. By offering this aid, the organization aims to help cover the associated expenses, thereby alleviating the financial burden on its employees during challenging times.
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Impact
July, 2024
Cracker Barrel Cares Inc's impact is evident in its mission to provide financial support to employees facing unexpected disasters. In 2022, the organization assisted 390 employees of Cracker Barrel Old Country Store, Inc. and its related companies in covering costs resulting from various challenging situations, including natural disasters, medical emergencies, COVID-related issues, intimate partner violence, and bereavement. By offering this crucial assistance, Cracker Barrel Cares Inc plays a vital role in supporting the well-being and security of employees during difficult times.
This information is meant to be a general summary of Cracker Barrel Cares 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: $6,627
- Gross Receipts: $551,820
Assets and Liabilities:
- Total Assets: $2,109,534
- Total Liabilities: $4,499
- Net Assets: $2,105,035
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Organization Details
Founding Year
2005
Phone
(615) 444-5533Principal Officer
Philip Ransdell
Main Address
305 HARTMANN DRIVE, LEBANON, TN, 37087
NTEE Category
Code: M20 - Public safety
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