Overview
What is Community Giving Tree Inc?
Community Giving Tree Inc, based in Boxford, Massachusetts, is a nonprofit organization that focuses on supporting low-income children and their families in the Merrimack Valley region. Their primary activity involves distributing recycled clothing, baby equipment, and supplies to those in need. With a dedicated workforce of 12 individuals, they strive to alleviate some of the financial burdens associated with child-rearing for families who may be facing economic hardships. The organization's mission is deeply rooted in the belief that every child deserves access to essential items, regardless of their family's financial situation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Community Giving Tree Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization scored 94% overall, indicating effective management and transparency in its operations. With 100% of its board members being independent, Community Giving Tree demonstrates a commitment to governance and conflict of interest policies, which enhances trust among donors and stakeholders.
Financially, the organization boasts an impressive program expense ratio of 82.59%, signifying that a significant portion of its expenditures is directed towards its programs and mission rather than administrative costs. The low liabilities to assets ratio of 1.38% further underscores its financial stability, suggesting prudent management of resources and minimal debt.
Overall, Community Giving Tree Inc appears to operate with a high level of integrity and effectiveness, making it a reliable choice for donors looking to support impactful nonprofit initiatives. The organization has established solid policies for document retention and conflict management, which support its responsible governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Community Giving Tree Inc legitimate?
Community Giving Tree Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Giving Tree 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: $64,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,452
For more financial information, click here
What is the mission statement of Community Giving Tree Inc?
Community Giving Tree Inc's mission is centered around supporting low-income families by providing them with essential items. Specifically, the organization collects and distributes recycled clothing, baby equipment, and supplies. This mission aims to alleviate some of the financial burdens faced by these families, thereby enhancing their overall living conditions. The agency's activities are geared towards the Merrimack Valley region of Massachusetts, but the mission's essence extends beyond location, focusing on the provision of essential items to those in need.
Who is the CEO of Community Giving Tree Inc?
Chris Healy is the Board Member of Community Giving Tree Inc.
What is the revenue of Community Giving Tree Inc?
Community Giving Tree Inc's revenue in 2023 was $733,402.
Who are the executives of Community Giving Tree Inc and what are their salaries?
The average compensation at Community Giving Tree Inc during 2023 was $14,699. There are 12 employees and 483 volunteers at Community Giving Tree Inc.
Here are 12 key members and their salaries:
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- Compensation: $64,932
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Where can I find the form 990 for Community Giving Tree Inc?
Community Giving Tree Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Community Giving Tree Inc
Community Giving Tree Inc, a nonprofit organization, is committed to supporting low-income children and their families in the Merrimack Valley of Massachusetts. Their mission is uniquely focused on providing essential resources, specifically recycled clothing and baby equipment, to those in need. By offering these vital items, Community Giving Tree Inc aims to alleviate some of the financial burdens faced by families, enabling them to focus on other crucial aspects of their lives. The organization's work ultimately contributes to the overall well-being and stability of the children and their families, thereby fostering a sense of community and support.
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Impact
October, 2024
Community Giving Tree Inc significantly impacts low-income children and their families in the Merrimack Valley of Massachusetts by providing essential resources such as recycled clothing, baby equipment, and supplies. This support helps alleviate the financial burden on families, ensuring that children have access to necessities that promote their health and well-being. By redistributing gently used items, the organization not only meets immediate needs but also fosters a sense of community and sustainability. Their work creates a positive ripple effect, enabling families to focus on other essential aspects of their lives, such as education and employment. Overall, Community Giving Tree Inc plays a crucial role in enhancing the quality of life for vulnerable families in the region.
This information is meant to be a general summary of Community Giving Tree 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 2023.
- Investment Income: $7,597
- Gross Receipts: $749,055
Assets and Liabilities:
- Total Assets: $611,481
- Total Liabilities: $8,495
- Net Assets: $602,986
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Organization Details
Founding Year
2009
Phone
(978) 223-5767Principal Officer
Chris Healy
Main Address
572 B MAIN STREET, BOXFORD, MA, 01921
NTEE Category
Code: P20 - Human services
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