Overview
What is Mary F Clancy Charities Inc?
Mary F. Clancy Charities Inc. is a compassionate nonprofit organization based in Yonkers, New York. With a single employee, its primary mission involves offering grants to tax-exempt organizations that combat family, woman, and child abuse. The charity also extends its support to underprivileged children by providing scholarships to attend inner-city Catholic schools. In addition, Mary F. Clancy Charities Inc. extends its aid to other organizations that offer mental and physical assistance to the handicapped and financially disabled families. Overall, the charity strives to uplift and protect vulnerable individuals, ensuring their well-being and opportunities for a better future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
Mary F Clancy Charities Inc has received a two-star rating, indicating a need for improvement despite an overall score of 72%. The organization demonstrates strong accountability and financial practices, achieving a perfect score of 100% in these areas. Notably, it has a fully independent board, which is a positive indicator of governance.
However, the charity faces significant shortcomings, particularly in its transparency and policy protocols. Key documents such as the conflict of interest policy, whistleblower policy, and document retention policies are missing, which can raise concerns about its operational integrity. Additionally, the website is not listed on the tax form, indicating potential barriers to public access to information.
On a positive note, the organization maintains a low liabilities to assets ratio and a healthy program expense ratio of 69.09%, suggesting effective resource utilization towards its mission. Overall, while the charity excels in certain governance aspects, it must address transparency issues to enhance its credibility and trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Mary F Clancy Charities Inc legitimate?
Mary F Clancy Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary F Clancy Charities 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: $32,741
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Mary F Clancy Charities Inc?
Mary F. Clancy Charities Inc. supports organizations that combat family, women, and child abuse by providing them with grants. Additionally, the charity offers scholarships to underprivileged children, enabling them to attend inner-city Catholic schools. The organization's focus is on providing financial aid to non-profit organizations that offer protection and assistance to families, women, and children facing mental and physical abuse. Furthermore, Mary F. Clancy Charities Inc. extends scholarships to inner-city schools, ensuring underprivileged children have access to quality education. The charity also provides grants to organizations that offer mental and physical assistance to the disabled and financially disadvantaged families.
Who is the CEO of Mary F Clancy Charities Inc?
John Voglio is the President of Mary F Clancy Charities Inc.
What is the revenue of Mary F Clancy Charities Inc?
Mary F Clancy Charities Inc's revenue in 2022 was $122,849.
Who are the executives of Mary F Clancy Charities Inc and what are their salaries?
The average compensation at Mary F Clancy Charities Inc during 2022 was $32,741. There is 1 employee and 10 volunteers at Mary F Clancy Charities Inc.
Here are 6 key members and their salaries:
- Compensation: $24,997
- Related: $0
- Other: $7,744
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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 Mary F Clancy Charities Inc?
Mary F Clancy Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mary F Clancy Charities Inc
Mary F. Clancy Charities Inc is an organization dedicated to supporting other tax-exempt organizations combating family, women, and child abuse. They also extend their philanthropy to underprivileged children by providing scholarships to attend inner-city Catholic schools. In essence, Mary F. Clancy Charities Inc seeks to aid non-profit organizations that assist families, women, and children in need of protection from mental and physical abuse. Additionally, the charity offers scholarships to enable underprivileged children to attend Catholic schools within the city.
The primary mission of Mary F. Clancy Charities Inc lies in its grant-making activities. They provide financial aid to organizations that offer assistance to families, women, and children who are victims of abuse. Unfortunately, losses in their investment sector hampered their ability to offer grants in this area during a specific period. Nonetheless, they continue their mission by offering scholarships to underprivileged children, enabling them to attend inner-city Catholic schools.
Furthermore, Mary F. Clancy Charities Inc extends its support to other organizations that provide mental and physical assistance to the handicapped and financially disabled individuals and families. This commitment to a broader range of vulnerable populations underscores the organization's dedication to fostering a more inclusive and supportive society for all.
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Impact
October, 2024
Mary F Clancy Charities Inc has a significant impact on the community by supporting organizations that address critical social issues. The organization provides grants to various tax-exempt entities focused on combating family, women, and child abuse, ensuring that those in vulnerable situations receive essential support and protection.
In addition to addressing abuse, the organization enhances educational opportunities for underprivileged children by offering scholarships to inner-city Catholic schools. This initiative plays a crucial role in reducing barriers to quality education, empowering children from disadvantaged backgrounds to pursue their academic and personal growth.
Through its efforts, Mary F Clancy Charities Inc also extends assistance to individuals and families facing financial hardships, particularly those dealing with mental and physical challenges. By partnering with other organizations, they contribute to a network of care and support that uplifts those in need.
Overall, the impact of Mary F Clancy Charities Inc is felt through its dedication to enhancing the well-being of vulnerable populations, fostering educational access, and creating safer environments for families and individuals affected by abuse.
This information is meant to be a general summary of Mary F Clancy Charities 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: $53,688
- Gross Receipts: $160,979
Assets and Liabilities:
- Total Assets: $829,893
- Total Liabilities: $0
- Net Assets: $829,893
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Organization Details
Founding Year
1999
Phone
(917) 608-8630Principal Officer
John Voglio
Main Address
CO JOHN VOGLIO 20 SECOR PLACE 2, YONKERS, NY, 10704
NTEE Category
Code: T20 - Philanthropy
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