Overview
What is Cinco Charities Inc?
Cinco Charities Inc, known as The Ballard House, is a nonprofit organization based in Katy, Texas. Their primary mission is to offer complimentary housing and a comforting environment for patients and their families who journey to the Houston area to receive treatment for critical illnesses. During the 2022 calendar year, the organization supported 2,614 individuals and their caregivers through this service. The Ballard House is sustained by a dedicated team of staff, volunteers, and the community.
Official website here: www.cincocharities.org;www.theballardhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Cinco Charities Inc has achieved a strong rating of 86%, reflecting a solid performance in both accountability and impact measurement. The charity boasts excellent scores in various categories, including a perfect 100 in Leadership & Adaptability, indicating a well-structured organization with effective governance. Additionally, with 100% of board members being independent, the charity demonstrates a commitment to transparency and ethical oversight.
The organization excels in its community engagement, as highlighted by a Culture & Community score of 95. They have established robust feedback collection and usage practices, ensuring that they remain responsive to the needs of the communities they serve. Their program expense ratio of 69.59% further emphasizes their focus on direct program services, utilizing a substantial portion of their resources to achieve their mission.
While the overall performance is commendable, areas for improvement could be explored in their Strategy Score, which stands at 40 out of 40, suggesting potential opportunities for enhancing strategic planning initiatives to bolster long-term impact. Nonetheless, Cinco Charities Inc presents itself as a reliable and responsible charity with effective management and significant community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Cinco Charities Inc legitimate?
Cinco Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cinco Charities 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: $94,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,119
For more financial information, click here
Official website here: www.cincocharities.org;www.theballardhouse.org
What is the mission statement of Cinco Charities Inc?
Cinco Charities Inc, known as The Ballard House, has a mission to offer complimentary housing and a comfortable environment for patients and their families who journey to receive treatment for a life-threatening illness in an unspecified location. The organization supports these guests through its staff, volunteers, and the community. In the 2022 calendar year, the efforts of Cinco Charities Inc helped provide a comfortable living space for 2,614 individuals and their accompanying caregivers while they underwent medical treatments.
Official website here: www.cincocharities.org;www.theballardhouse.org
Who is the CEO of Cinco Charities Inc?
Kathy Alt is the Executive Director of Cinco Charities Inc.
Official website here: www.cincocharities.org;www.theballardhouse.org
What is the revenue of Cinco Charities Inc?
Cinco Charities Inc's revenue in 2022 was $574,097.
Official website here: www.cincocharities.org;www.theballardhouse.org
Who are the executives of Cinco Charities Inc and what are their salaries?
The average compensation at Cinco Charities Inc during 2022 was $29,239. There are 7 employees and 1950 volunteers at Cinco Charities Inc.
Here are 10 key members and their salaries:
- Compensation: $72,133
- Related: $0
- Other: $0
- Compensation: $22,420
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.cincocharities.org;www.theballardhouse.org
Where can I find the form 990 for Cinco Charities Inc?
Cinco Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cincocharities.org;www.theballardhouse.org
Learn more at the official website: www.cincocharities.org;www.theballardhouse.org
Mission Statement of Cinco Charities Inc
Cinco Charities Inc, also known as The Ballard House, is dedicated to providing a compassionate living space for individuals and their caregivers who have traveled to receive life-threatening medical treatments. This nonprofit organization offers a comfortable environment for these guests, supporting them throughout their medical journey. The mission of Cinco Charities Inc is to alleviate the financial and emotional burdens associated with such treatments by offering no-cost housing. This allows patients and their families to focus on their recovery, knowing they have a supportive community to lean on during this challenging time. In 2022, the organization's efforts extended to accommodating 2,614 individuals and their accompanying caregivers, providing them with a respite from their medical journey.
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Impact
July, 2024
Cinco Charities Inc, also known as The Ballard House, has provided a no-cost housing and comfortable environment for patients and their families who have traveled to the Houston area to receive treatment for life-threatening illnesses. In 2022, their efforts supported 2,614 individuals and their caregivers, offering them a place to reside while undergoing medical treatments. This impact demonstrates the organization's commitment to easing the burden on families during challenging times and providing essential support to those in need.
This information is meant to be a general summary of Cinco Charities 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: $133,429
- Gross Receipts: $1,034,799
Assets and Liabilities:
- Total Assets: $5,446,191
- Total Liabilities: $1,246
- Net Assets: $5,444,945
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Organization Details
Founding Year
2006
Phone
(281) 717-4670Principal Officer
Kathy Alt
Main Address
21421 CINCO PARK ROAD, KATY, TX, 77450
NTEE Category
Code: E60 - Health
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