Overview
What is Frankie Casseb Youth Literacy Club?
The Frankie Casseb Youth Literacy Club is a nonprofit organization situated in San Antonio, Texas, with a single employee. Their primary mission is to foster literacy among middle school-aged children and younger, regardless of disability, through financial contributions. This support extends to providing books, reading lessons, and tutors for these individuals, aiming to enhance their literacy skills. The organization relies on donations and endowments to carry out its goal of promoting and advocating for literacy. All funds raised by the club are directed towards recognized charities that benefit children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star Rating
The Frankie Casseb Youth Literacy Club has received a low rating of 33%, resulting in a Zero-Star rating. This rating is primarily based on their Accountability & Finance metrics, which indicate significant areas of concern regarding governance practices. Notably, the organization has no independent board members, which raises questions about its oversight and transparency.
The organization's financials show a material diversion of assets is absent, reflecting a positive aspect in terms of asset management. However, critical components such as a conflict of interest policy and whistleblower policy are missing, which can undermine trust and accountability within the organization. Additionally, there is a lack of transparency as the organization does not maintain basic documentation like board meeting minutes or post its tax forms on its website.
On the financial performance side, the program expense ratio stands at 56.31%, indicating that more than half of its expenses go toward program services, which is a positive sign for its mission-related work. However, the overall deficiencies in governance and finance accountability overshadow these achievements, highlighting the need for substantial improvements in structure and policy compliance to enhance organizational integrity and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Frankie Casseb Youth Literacy Club legitimate?
Frankie Casseb Youth Literacy Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frankie Casseb Youth Literacy Club 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Frankie Casseb Youth Literacy Club?
The Frankie Casseb Youth Literacy Club is established with the objective of soliciting donations and endowments to promote and support literacy among middle school-aged children and younger, regardless of disability. They achieve this by providing financial assistance for books, reading lessons, and tutors. The club's distributions are directed towards recognized charities that benefit children. In essence, the Frankie Casseb Youth Literacy Club aims to enhance literacy skills and access to educational resources for young individuals, fostering an environment conducive to learning and personal growth.
Who is the CEO of Frankie Casseb Youth Literacy Club?
Bernadette Casseb is the Director of Frankie Casseb Youth Literacy Club.
What is the revenue of Frankie Casseb Youth Literacy Club?
Frankie Casseb Youth Literacy Club's revenue in 2022 was $56,050.
Who are the executives of Frankie Casseb Youth Literacy Club and what are their salaries?
The average compensation at Frankie Casseb Youth Literacy Club during 2022 was $24,000. There is 1 employee at Frankie Casseb Youth Literacy Club.
Here are 4 key members and their salaries:
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Frankie Casseb Youth Literacy Club?
Frankie Casseb Youth Literacy Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Frankie Casseb Youth Literacy Club
The Frankie Casseb Youth Literacy Club is established with the aim of soliciting donations and endowments to promote and bolster literacy among middle school-aged children, or younger, regardless of their disabilities. The organization achieves this mission by providing funding for books, reading lessons, and tutors to these individuals. By doing so, the Frankie Casseb Youth Literacy Club seeks to empower these young learner's literacy skills and foster a love for reading. All distributions made by the club are directed towards recognized charities that benefit children.
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Impact
August, 2024
The impact of the Frankie Casseb Youth Literacy Club is significant in promoting and supporting literacy among middle school-aged children or younger, regardless of disability. Through soliciting donations and endowments, this organization provides funding for books, reading lessons, and tutors to help individuals improve their reading skills. By working with recognized charities benefiting children, the club ensures that their contributions directly support literacy initiatives for youth in need. This targeted focus on education and literacy underscores the club's commitment to empowering young learners and fostering a love for reading.
This information is meant to be a general summary of Frankie Casseb Youth Literacy Club. 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: $23
- Gross Receipts: $1,425,211
Assets and Liabilities:
- Total Assets: $41,406
- Total Liabilities: $0
- Net Assets: $41,406
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Organization Details
Founding Year
2009
Phone
(210) 493-0707Principal Officer
Bernadette Casseb
Main Address
17327 FOUNTAIN BLUFF DRIVE, SAN ANTONIO, TX, 78248
NTEE Category
Code: B92 - Education
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