Overview
What is Cicoa Foundation Inc?
Cicoa Foundation Inc, situated in Indianapolis, Indiana, serves as a vital supporter of Cicoa Aging & In-Home Solutions. This nonprofit organization's primary aim is to enhance the lives of seniors and adults with disabilities by providing essential in-home services, such as attendant care, home health aides, and home-delivered meals. Through its support, Cicoa Foundation has assisted in serving over 88,500 meals at neighborhood meal sites, funding transportation trips, and contributing to home modification projects. The Foundation's mission is to empower older adults and individuals with disabilities, ensuring they maintain their independence, dignity, and quality of life. In addition, Cicoa Foundation primarily supports the programs of Cicoa Aging & In-Home Solutions, focusing on addressing various issues that elderly and disabled individuals face in areas like economics, social life, healthcare, housing, transportation, employment, education, and recreation.
Official website here: www.cicoa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Cicoa Foundation Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial stability. The organization's overall score is derived entirely from its performance in Accountability & Finance, where it excels with a perfect score in several key areas, including having a fully independent board and a strong audit and oversight committee.
The foundation has demonstrated transparency and adherence to best practices with well-documented policies regarding conflict of interest, whistleblower protections, and document retention. However, it is important to note that while the organization has a decent program expense ratio of 58.03%, there is room for improvement in this area to enhance the proportion of funds directly supporting its programs.
Overall, Cicoa Foundation Inc shows strong governance and financial management practices, making it a reliable choice for donors interested in supporting its mission. However, potential donors may wish to consider its program expense ratio when evaluating the charity's efficiency in using funds for its intended purposes.
This AI summary has been generated from information found on Charity Navigator.
Is Cicoa Foundation Inc legitimate?
Cicoa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cicoa Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $310,141
For more financial information, click here
Official website here: www.cicoa.org
What is the mission statement of Cicoa Foundation Inc?
The Cicoa Foundation's mission is centered around supporting the mission of CICOA Aging & In-Home Solutions. This involves funding and aiding projects and programs that aim to enhance the lives of older adults, individuals with disabilities, and family caregivers. The foundation's primary objective is to help these groups achieve independence, dignity, and a high quality of life. The Cicoa Foundation primarily assists the programs of CICOA Aging & In-Home Solutions, focusing on various aspects such as economic, social, health, nutrition, housing, transportation, employment, education, and recreation. The foundation aims to address the unique challenges faced by the aging population, striving to improve their overall well-being.
Official website here: www.cicoa.org
Who is the CEO of Cicoa Foundation Inc?
Tauhric Brown is the CEO of Cicoa Foundation Inc The CEO's salary of Cicoa Foundation Inc is $0 and their total compensation is $0.
Official website here: www.cicoa.org
What is the revenue of Cicoa Foundation Inc?
Cicoa Foundation Inc's revenue in 2023 was $682,926.
Official website here: www.cicoa.org
Who are the executives of Cicoa Foundation Inc and what are their salaries?
There 42 volunteers at Cicoa Foundation Inc.
Here are 7 key members and their salaries (Cicoa Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
Official website here: www.cicoa.org
Where can I find the form 990 for Cicoa Foundation Inc?
Cicoa Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cicoa.org
Learn more at the official website: www.cicoa.org
Mission Statement of Cicoa Foundation Inc
Cicoa Foundation Inc, devoted to its purpose, funds and supports the mission of Cicoa Aging & In-Home Solutions. This mission aims to empower older adults, individuals with disabilities, and family caregivers, enabling them to attain the utmost independence, dignity, and quality of life. The foundation primarily focuses on assisting the programs of Cicoa Aging & In-Home Solutions, which strives to address various challenges faced by senior citizens and those with disabilities in areas such as economic, social, health, nutrition, housing, transportation, employment, education, and recreation. By providing resources and support for these programs, Cicoa Foundation Inc plays a significant role in enhancing the well-being and quality of life for its targeted demographic.
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Impact
July, 2024
Cicoa Foundation Inc's impact can be seen through its support of CICOA Aging & In-Home Solutions, which empowers older adults, individuals with disabilities, and family caregivers to achieve the highest possible level of independence, dignity, and quality of life. The foundation's contributions have enabled CICOA to provide vital in-home services such as attendant care, home health aide assistance, and home-delivered meals.
Specifically, Cicoa Foundation Inc's support has facilitated the provision of over 88,500 meals at 24 neighborhood meal sites, funded more than $88,200 for transportation trips, and allocated over $101,200 for safe at home and home modification projects. These funds have directly benefited individuals in need, with 19 clients receiving support through safe at home initiatives and 46 clients accessing home modifications.
Moreover, Cicoa Foundation Inc has provided over $48,300 for client assistance, further enhancing the organization's ability to address the diverse needs of seniors and individuals with disabilities. Through its dedicated efforts, the foundation has made a significant impact on the lives of those served by CICOA Aging & In-Home Solutions, fostering greater independence and well-being within the community.
This information is meant to be a general summary of Cicoa Foundation 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: $20,682
- Gross Receipts: $735,738
Assets and Liabilities:
- Total Assets: $3,111,748
- Total Liabilities: $206,305
- Net Assets: $2,905,443
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Organization Details
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