Overview
What is Harambee Community Development Initiative Inc?
Harambee Community Development Initiative Inc, operating as Harambee Family Academy, is a nonprofit organization situated in East Orange, New Jersey. With a strong focus on early childhood education, Harambee aims to unleash the full potential of each child they serve. Despite the challenges posed by the COVID-19 pandemic, they have diligently maintained health and safety protocols to safeguard the well-being of their students and staff. Their consistent staffing levels have enabled them to deliver educational programs and activities that foster the social, emotional, physical, and cognitive development of their young learners. Harambee's reach extends to 22 employees, reflecting their commitment to empowering young minds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Stars)
Harambee Community Development Initiative Inc has received a Two-Star rating from Charity Navigator, primarily due to its Accountability & Finance score. The organization demonstrates a strong governance structure with 100% independent board members and a well-sized board, indicating a commitment to oversight and decision-making. Additionally, it has a solid program expense ratio of 84.27%, suggesting that a significant portion of its budget is directed towards its mission-driven activities.
However, the organization faces several limitations that negatively impact its overall rating. Notably, it lacks financial statements and does not have its website listed on its tax form, which raises concerns about transparency. Furthermore, its liabilities to assets ratio is quite high at 107.66%, indicating potential financial instability.
While the initiative does have established conflict of interest and whistleblower policies, the absence of a document retention policy and the failure to post necessary documents on its website suggest room for improvement in operational transparency and compliance. Overall, while there are strengths in governance and program spending, the financial reporting and transparency issues hinder a stronger rating.
This AI summary has been generated from information found on Charity Navigator.
Is Harambee Community Development Initiative Inc legitimate?
Harambee Community Development Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harambee Community Development Initiative 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: $83,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $639,329
For more financial information, click here
What is the mission statement of Harambee Community Development Initiative Inc?
Harambee Community Development Initiative Inc's mission is centered around unlocking the immense potential within every child. They achieve this through educational programs and strategic partnerships. The organization's primary focus is on delivering high-quality early childhood education, while simultaneously addressing the ongoing impact of the COVID-19 pandemic on children and their families. Harambee prioritizes maintaining health and safety protocols to ensure the well-being of children and staff. The organization's staffing levels remained consistent in 2022, enabling Harambee to provide essential learning programs and activities that support the social-emotional, physical, and cognitive development of their young students.
Who is the CEO of Harambee Community Development Initiative Inc?
Easter Parks is the Acting Board Chairperson of Harambee Community Development Initiative Inc.
What is the revenue of Harambee Community Development Initiative Inc?
Harambee Community Development Initiative Inc's revenue in 2022 was $1,296,484.
Who are the executives of Harambee Community Development Initiative Inc and what are their salaries?
The average compensation at Harambee Community Development Initiative Inc during 2022 was $32,867. There are 22 employees at Harambee Community Development Initiative Inc.
Here are 5 key members and their salaries:
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- Compensation: $83,745
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- Other: $0
Where can I find the form 990 for Harambee Community Development Initiative Inc?
Harambee Community Development Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Harambee Community Development Initiative Inc
Harambee Community Development Initiative Inc, a renowned organization, is committed to tapping into the vast potential that resides within every child. They achieve this mission through their educational programs and strategic partnerships. By implementing these initiatives, Harambee aims to unlock the hidden talents and abilities within each child, thereby empowering them to reach their fullest potential.
During challenging times, such as the COVID-19 pandemic, Harambee has shown resilience in delivering high-quality early childhood education. The organization prioritizes managing the lasting effects of the pandemic on children and their families. Harambee's staffing levels remained consistent throughout 2022, enabling the organization to maintain its educational programs and activities, which support the overall development of young students, including their social-emotional, physical, and cognitive growth.
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Impact
October, 2024
Harambee Community Development Initiative Inc significantly impacts the lives of children in East Orange, NJ, by unlocking their potential through educational programs and strategic partnerships. Its commitment to delivering quality early childhood education remains steadfast, even in the wake of the COVID-19 pandemic. By implementing and maintaining essential health and safety protocols, Harambee ensures the well-being of both children and staff, thereby creating a safe learning environment.
In 2022, the organization maintained stable staffing levels, which was crucial for providing the necessary programs and activities that foster the social-emotional, physical, and cognitive development of young students. Through its comprehensive approach, Harambee not only supports the immediate educational needs of children but also addresses the lingering effects of the pandemic on families, demonstrating a commitment to holistic community improvement.
This information is meant to be a general summary of Harambee Community Development Initiative 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: $5
- Program Service Revenue: $46,043
- Gross Receipts: $1,296,484
Assets and Liabilities:
- Total Assets: $534,786
- Total Liabilities: $575,762
- Net Assets: -$40,976
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parent Fees
Revenue
$32,595
Program Fees
Revenue
$13,448
Organization Details
Founding Year
1997
Phone
(973) 675-5000Principal Officer
Easter Parks
Main Address
60 Glenwood Avenue, East Orange, NJ, 07017
NTEE Category
Code: S43 - Community improvement
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