Overview
What is Abrazar Inc?
Abrazar Inc is a nonprofit organization situated in Orange County, with a mission to enhance the well-being and prosperity of the less fortunate to medium-income population within the area. They are dedicated to offering services tailored to senior citizens, adults, youth, and children, aiming to uplift their overall living standards. Their main activity revolves around providing assistance to low-income individuals, ensuring they receive the support they need to lead fulfilling lives.
Official website here: www.abrazarinc.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Star rating)**
Abrazar Inc has achieved an exceptional rating of 96% on Charity Navigator, indicating a strong commitment to accountability and financial practices. The organization excels in several areas, such as having a majority of independent board members and demonstrating a solid program expense ratio of 93.21%. The lack of any material diversion of assets and comprehensive policies in place reflect the charity’s transparency and adherence to best practices.
The significant strengths of Abrazar Inc include effective governance and financial oversight, which likely contribute to its ability to allocate the majority of its funds directly to its programs. The salaries of key personnel appear reasonable, particularly with one of the co-presidents earning a nominal salary, suggesting a focus on the mission over personal compensation.
However, while the rating suggests a robust organizational framework, there are no user reviews available from GreatNonprofits to provide personal insights or experiences related to the charity’s impact. The absence of this feedback limits a comprehensive understanding of public sentiment towards Abrazar Inc's on-the-ground effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Abrazar Inc legitimate?
Abrazar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abrazar 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: $83,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,343,235
For more financial information, click here
Official website here: www.abrazarinc.com
What is the mission statement of Abrazar Inc?
Abrazar Inc's mission is centered around improving the well-being and prosperity of the economically disadvantaged population in Orange County. The organization focuses on providing assistance to various demographic groups, including senior citizens, adults, youth, and children. Their primary goal is to promote general welfare for this specific income group.
Official website here: www.abrazarinc.com
Who is the CEO of Abrazar Inc?
Mario Ortega is the CEO of Abrazar Inc The CEO's salary of Abrazar Inc is $83,208 and their total compensation is $83,208.
Official website here: www.abrazarinc.com
What is the revenue of Abrazar Inc?
Abrazar Inc's revenue in 2023 was $9,590,983.
Official website here: www.abrazarinc.com
Who are the executives of Abrazar Inc and what are their salaries?
The average compensation at Abrazar Inc during 2023 was $34,345. There are 158 employees and 100 volunteers at Abrazar Inc.
Here are 6 key members and their salaries (Abrazar Inc's CEO's salary is $83,208 and their total compensation is $83,208):
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- Compensation: $83,208
- Related: $0
- Other: $0
Official website here: www.abrazarinc.com
Where can I find the form 990 for Abrazar Inc?
Abrazar Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abrazarinc.com
Learn more at the official website: www.abrazarinc.com
Mission Statement of Abrazar Inc
Abrazar Inc, a nonprofit organization, is dedicated to enhancing the well-being and prosperity of the less fortunate population in Orange County. With a focus on senior citizens, adults, youth, and children, Abrazar Inc strives to provide essential services that cater to their unique needs. The organization's mission is to promote overall welfare and improvement in the lives of these individuals, working tirelessly to make a positive impact on their communities.
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Impact
October, 2024
Abrazar Inc plays a crucial role in enhancing the well-being of low-income individuals and families in Orange County. By focusing on the general welfare and prosperity of the very poor to medium-income population, the organization directly addresses critical needs within the community.
Their services cater to various demographics, including senior citizens, adults, youth, and children, ensuring a holistic approach to support. Through targeted programs and resources, Abrazar Inc empowers these groups, promoting social inclusion and improving quality of life. By fostering a supportive environment, the organization contributes to building stronger, more resilient communities in Westminster and beyond. The impact of Abrazar Inc is felt not only in immediate assistance but also in the long-term upliftment of lives, creating pathways for stability and growth among marginalized populations.
This information is meant to be a general summary of Abrazar 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: $109,422
- Gross Receipts: $9,590,983
Assets and Liabilities:
- Total Assets: $7,837,557
- Total Liabilities: $3,534,526
- Net Assets: $4,303,031
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other revenues
Revenue
$109,422
Organization Details
Founding Year
1975
Principal Officer
Mario Ortega
Website
www.abrazarinc.comNTEE Category
Code: P200 - Human services
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