Overview
What is Coral Park Community Outreach Inc?
Coral Park Community Outreach Inc is a nonprofit organization that actively engages with its community by addressing fundamental needs and promoting education. This compassionate organization operates primarily as a food bank and food pantry, providing essential resources and knowledge to those in need. Their mission is centered around reaching out to the community, ensuring access to essential provisions and educational opportunities. Through various programs, Coral Park Community Outreach Inc strives to make a positive impact on the lives of its community members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Coral Park Community Outreach Inc has earned a commendable score of 79%, reflecting a solid level of accountability and financial health. The organization boasts a fully independent board, scoring 100% on majority independent board members, which enhances its governance and decision-making processes. Furthermore, it demonstrates strong financial management with a low liabilities to assets ratio of 1.42% and a high program expense ratio of 85.80%, indicating that a significant portion of its funding is directed towards its cause.
The charity has implemented key policies such as conflict of interest and whistleblower policies, both of which contribute to transparency and ethical governance. Additionally, the organization maintains proper documentation practices, evidenced by the regular documentation of board meeting minutes, ensuring accountability to stakeholders. These strengths position Coral Park Community Outreach Inc as a responsible and well-managed nonprofit.
Despite its positive attributes, the organization’s overall score of 79% reflects room for improvement in certain areas. While it has established notable governance policies, potential donors and stakeholders might benefit from understanding more about the impact of its programs and initiatives. Overall, Coral Park Community Outreach Inc demonstrates a commitment to accountability, making it a reliable option for those looking to support community outreach efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Coral Park Community Outreach Inc legitimate?
Coral Park Community Outreach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coral Park Community Outreach 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:
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What is the mission statement of Coral Park Community Outreach Inc?
Coral Park Community Outreach Inc's mission is centered around reaching out to the community, specifically focusing on addressing basic needs and providing education. This community-oriented organization achieves this goal through various programs, including education initiatives. One of their key activities involves operating food banks and food pantries, demonstrating their commitment to addressing the fundamental needs of their community members.
What is the revenue of Coral Park Community Outreach Inc?
Coral Park Community Outreach Inc's revenue in 2023 was $2,012,766.
Who are the executives of Coral Park Community Outreach Inc and what are their salaries?
The average compensation at Coral Park Community Outreach Inc during 2023 was $31,421. There are 33 employees at Coral Park Community Outreach Inc.
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Where can I find the form 990 for Coral Park Community Outreach Inc?
Coral Park Community Outreach Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Coral Park Community Outreach Inc
Coral Park Community Outreach, as a nonprofit organization, is dedicated to reaching out to the community. Its mission is centered around addressing basic needs and providing education. Through various programs, Coral Park Community Outreach works towards meeting the fundamental requirements of the community while also offering educational opportunities. The organization's activities are diverse, including the operation of food banks and food pantries among others. By doing so, Coral Park Community Outreach aims to contribute positively to the community it serves, providing both essential resources and opportunities for learning.
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Impact
October, 2024
Coral Park Community Outreach Inc significantly impacts the Miami community by addressing essential needs and fostering education. Through its various programs, the organization provides vital resources such as food assistance, ensuring that families have access to nutritious meals. Additionally, it promotes educational initiatives that empower individuals, equipping them with knowledge and skills necessary for personal and community growth. By focusing on these core areas, Coral Park Community Outreach not only meets immediate needs but also cultivates a foundation for long-term change and empowerment within the community.
This information is meant to be a general summary of Coral Park Community Outreach 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.
- Program Service Revenue: $356,230
- Gross Receipts: $2,012,766
Assets and Liabilities:
- Total Assets: $72,541
- Total Liabilities: $1,034
- Net Assets: $71,507
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
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Revenue
$0
Organization Details
Founding Year
2010
Principal Officer
Ivonne Heredia
NTEE Category
Code: B24 - Education
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