Overview
What is Care For Others?
Care For Others is a nonprofit organization situated in Newbury, Ohio. Their primary focus is to provide urgent financial aid and support for temporary, one-time, or short-term needs that could potentially jeopardize a family's or individual's basic necessities, such as rent or living expenses. By offering emergency assistance, Care For Others aims to halt the downward financial cycle and prevent individuals from falling into poverty, homelessness, and hunger. The organization's mission is to empower hardworking individuals to achieve self-sufficiency.
Official website here: www.careforothers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Care For Others has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With an overall score of 97%, the organization exhibits exceptional governance, demonstrated by a fully independent board and a sound financial management structure. Key metrics, such as a 0.00% liabilities to assets ratio and a high program expense ratio of 89.98%, indicate that the charity efficiently directs the majority of its funds towards its programs.
The organization has established robust policies, including conflict of interest and whistleblower policies, both of which are critical for maintaining transparency and trust. These measures, along with the documented board meeting minutes, contribute to the overall integrity of the organization.
While the data shows no significant weaknesses, ongoing monitoring of performance and community feedback can help ensure that Care For Others continues to meet its mission effectively. Overall, the charity is well-positioned to make a positive impact in its area of focus.
This AI summary has been generated from information found on Charity Navigator.
Is Care For Others legitimate?
Care For Others is a legitimate nonprofit organization registered as a 501(c)(3) entity. Care For Others 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.careforothers.org
What is the mission statement of Care For Others?
Care for Others, as an organization, works to prevent hardworking individuals from falling into cycles of poverty, homelessness, and hunger. They achieve this by providing emergency assistance, thereby halting the downward financial spiral. This aid is designed to help people establish self-sufficient living conditions. Their Urgent Needs Grants specifically offer emergency financial assistance for temporary, short-term needs that pose a threat to a family's or individual's basic necessities, often covering rent or related living expenses. Over 90% of these grants are utilized for such purposes.
Official website here: www.careforothers.org
Who is the CEO of Care For Others?
Mark J Mekota is the Board Member of Care For Others.
Official website here: www.careforothers.org
What is the revenue of Care For Others?
Care For Others's revenue in 2022 was $20,301.
Official website here: www.careforothers.org
Who are the executives of Care For Others and what are their salaries?
There 5 volunteers at Care For Others.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.careforothers.org
Where can I find the form 990 for Care For Others?
Care For Others's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.careforothers.org
Learn more at the official website: www.careforothers.org
Mission Statement of Care For Others
Care For Others, as an organization, strives to prevent hardworking individuals from falling into the cycle of poverty, homelessness, and hunger. They achieve this by providing emergency assistance, aiming to halt the downward financial spiral and facilitate self-sufficient living. Their mission is to offer urgent needs grants, addressing temporary, one-time, or short-term financial needs that pose a threat to a family's or individual's basic necessities, primarily focusing on rent or related living expenses. By doing so, Care For Others seeks to help those in need regain their financial stability and live independently.
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Impact
August, 2024
Care For Others has a significant impact on preventing hardworking individuals and families from entering the cycle of poverty, homelessness, and hunger. Through their urgent needs grants, they provide emergency financial assistance to support temporary, one-time, or short-term needs that threaten self-sufficiency. Over 90% of these grants are for rents or related living expenses, helping individuals and families stay afloat during challenging times. By stopping the downward financial cycle, Care For Others contributes to enabling self-sufficient living and breaking the cycle of poverty for those in need.
This information is meant to be a general summary of Care For Others. 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: $20,151
- Gross Receipts: $20,301
Assets and Liabilities:
- Total Assets: $220,058
- Total Liabilities: $0
- Net Assets: $220,058
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Organization Details
Founding Year
2006
Phone
(440) 463-2554Principal Officer
Mark J Mekota
Main Address
PO BOX 605, NEWBURY, OH, 44065
Website
www.careforothers.orgNTEE Category
Code: T12 - Philanthropy
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