Overview
What is Bluecoats Inc?
Bluecoats Inc, established in 1956, is a charitable organization based in Beachwood, Ohio. With a dedicated team of four individuals, this nonprofit organization holds a profound mission to support the families of Cuyahoga County's safety forces, including police officers, firefighters, and other personnel who have tragically lost their lives or become permanently and totally disabled in the line of duty. Bluecoats Inc provides tailored assistance to these families, addressing their unique needs through financial aid, such as mortgage payments and educational support. This noble organization embodies the spirit of community care, honoring and uplifting the families of those who have sacrificed their lives to protect and serve.
Official website here: www.bluecoatsinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Bluecoats Inc has achieved a robust score of 88%, indicating a strong performance in the realm of accountability and finance. The score reflects a high level of transparency and good governance practices, with a majority of independent board members and no material diversion of assets reported. The charity also excels in areas such as financial oversight, maintaining sound financial statements, and clearly listing necessary documents on its website.
The strengths of Bluecoats Inc are highlighted by its impressive program expense ratio of 90.64%, suggesting that a significant portion of its funding goes directly towards its programs and services. Additionally, the organization has established policies for conflict of interest and document retention, showcasing a commitment to ethical practices. However, it should be noted that the charity is missing a whistleblower policy, which could enhance its accountability framework.
Overall, Bluecoats Inc demonstrates a strong commitment to responsible financial management and transparency, although there is room for improvement in policy areas. The high percentage of independent board members and effective oversight mechanisms reflect positively on the organization's governance structure, positioning it well in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bluecoats Inc legitimate?
Bluecoats Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bluecoats 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: $107,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bluecoatsinc.org
What is the mission statement of Bluecoats Inc?
Bluecoats Inc, established in 1956, is a charitable organization committed to supporting the well-being of families who have suffered the loss of a loved one or have become permanently disabled and incapacitated in the line of duty, as safety officers in Cuyahoga County. The organization's mission is to provide tailored support and care to these families, recognizing the significant sacrifices made by their loved ones in protecting the community. This support can take various forms, including financial assistance with mortgage payments, educational support, and other essential needs. Bluecoats Inc aims to honor and uplift these families, providing them with the resources they need during their most challenging times.
Official website here: www.bluecoatsinc.org
Who is the CEO of Bluecoats Inc?
Brent Collins is the Director of Bluecoats Inc.
Official website here: www.bluecoatsinc.org
What is the revenue of Bluecoats Inc?
Bluecoats Inc's revenue in 2022 was $947,035.
Official website here: www.bluecoatsinc.org
Who are the executives of Bluecoats Inc and what are their salaries?
The average compensation at Bluecoats Inc during 2022 was $26,938. There are 4 employees at Bluecoats Inc.
Here are 18 key members and their salaries:
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- Compensation: $107,000
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Official website here: www.bluecoatsinc.org
Where can I find the form 990 for Bluecoats Inc?
Bluecoats Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bluecoatsinc.org
Learn more at the official website: www.bluecoatsinc.org
Mission Statement of Bluecoats Inc
Bluecoats Inc, a charitable organization, is dedicated exclusively to supporting the well-being of families of safety officers in Cuyahoga County who have lost their lives or become permanently and totally disabled in the line of duty. Since its inception in 1956, Bluecoats Inc has upheld the vision of its founders by providing tailored support and care to the families of these brave individuals who have sacrificed their lives to protect each of us, our families, and our community. This support takes various forms, including financial assistance, which Bluecoats Inc provides to the families of Cuyahoga County police officers, firefighters, and other members of the safety forces who have lost their lives in the line of duty. This financial aid encompasses assistance with mortgage payments, educational support, and other forms of financial aid.
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Impact
October, 2024
Bluecoats Inc significantly impacts the families of safety officers in Cuyahoga County who have faced the unimaginable loss of a loved one or have become permanently disabled in the line of duty. Established in 1956, the organization has been a pillar of support for these families, providing essential financial assistance tailored to individual needs. This includes aid with mortgage payments and educational support, helping to alleviate the financial burdens that can arise in the wake of tragedy.
By addressing these immediate concerns, Bluecoats Inc plays a vital role in fostering stability and resilience among grieving families. The organization not only honors the sacrifices made by fallen officers, firefighters, and other safety forces but also reinforces the community’s commitment to caring for those left behind. Consequently, Bluecoats Inc serves as a lifeline, ensuring that the well-being of these families remains a priority and that they do not navigate their challenges alone. Such support contributes to the overall strength and unity of the community, reminding everyone of the sacrifices made for public safety.
This information is meant to be a general summary of Bluecoats 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: $513,363
- Gross Receipts: $1,537,225
Assets and Liabilities:
- Total Assets: $7,155,325
- Total Liabilities: $0
- Net Assets: $7,155,325
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Organization Details
Founding Year
1958
Phone
(216) 765-0181Principal Officer
Brent Collins
Main Address
23300 MERCANTILE ROAD, BEACHWOOD, OH, 44122
Website
www.bluecoatsinc.orgNTEE Category
Code: I60I - Crime
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