Overview
What is Martin Luther King Jr Center Inc?
Martin Luther King Jr. Center Inc, located in Rock Island, Illinois, is a dedicated nonprofit organization that strives to foster greatness in the Quad Cities community. Over the past 44 years, they have provided various programs, including after-school programming, workforce development, legal assistance, medical services, and summer youth programs. Their initiatives also extend to groups for aging adults, food cooperatives, computer skills training, special events, and volunteer activities. The organization's building is also utilized as a public resource for meetings or events. The Martin Luther King Jr. Center Inc's mission is rooted in community-building, service, and education, aiming to establish a thriving, beloved community founded on justice, equity, and respect for each other. The nonprofit employs a team of 10 individuals, working tirelessly towards their vision.
Official website here: www.rigov.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
The Martin Luther King Jr Center Inc has received an 81% rating, which translates to a Three-Star out of Four Star rating, indicating a solid performance in terms of accountability and finance. The organization showcases a robust governance structure with 100% of its board members being independent, which reflects a commitment to impartial decision-making and oversight. It has also implemented strong financial oversight practices, earning full points in several areas such as its Audit and Oversight Committee and its conflict of interest policy.
On the financials front, the center demonstrates a commendable program expense ratio of 77.75%, indicating that a significant portion of its expenditures is directed toward its programs. However, the organization has a high liabilities to assets ratio of 87.60%, which may be a point of concern for potential donors regarding its financial stability and capability to cover its obligations.
Overall, the Martin Luther King Jr Center Inc has strengths in governance and programmatic spending, but its financial health could warrant further scrutiny due to the high liabilities compared to its assets. Potential supporters should consider these factors when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Martin Luther King Jr Center Inc legitimate?
Martin Luther King Jr Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Luther King Jr Center 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: $735,490
For more financial information, click here
Official website here: www.rigov.org
What is the mission statement of Martin Luther King Jr Center Inc?
The Martin Luther King Jr. Center Inc inspires greatness in communities by promoting community-building, service, and education. Their vision is to foster a thriving, beloved community rooted in equity, justice, and respect for one another. Over the past 44 years, the center has offered various programs that serve the community, including after-school programming, workforce development, legal assistance, medical services, food cooperatives, summer youth programs, and volunteer activities, among others. The center aims to provide resources and opportunities that contribute to a community that values justice, equity, and respect for all individuals.
Official website here: www.rigov.org
Who is the CEO of Martin Luther King Jr Center Inc?
Michael Glanz is the Director of Martin Luther King Jr Center Inc.
Official website here: www.rigov.org
What is the revenue of Martin Luther King Jr Center Inc?
Martin Luther King Jr Center Inc's revenue in 2022 was $1,607,926.
Official website here: www.rigov.org
Who are the executives of Martin Luther King Jr Center Inc and what are their salaries?
The average compensation at Martin Luther King Jr Center Inc during 2022 was $73,549. There are 10 employees and 300 volunteers at Martin Luther King Jr Center Inc.
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Official website here: www.rigov.org
Where can I find the form 990 for Martin Luther King Jr Center Inc?
Martin Luther King Jr Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rigov.org
Learn more at the official website: www.rigov.org
Mission Statement of Martin Luther King Jr Center Inc
The Martin Luther King Jr. Center inspires greatness in communities by promoting community-building, service, and education. Its vision is to establish a thriving, beloved community that is anchored in equity, justice, and respect for one another. Over the past four decades, this nonprofit organization has been committed to serving its community by hosting various programs, including after-school programming, workforce development, groups for aging adults, legal assistance, medical services, food cooperatives, summer youth programming, youth drug prevention, computer skills training, special events and festivals, volunteer activities, recreation, and utilizing its building as a public resource for meetings or events. The Martin Luther King Jr. Center's mission is to foster growth, unity, and progress in its community by emphasizing the values of justice, equity, and mutual respect.
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Impact
October, 2024
The Martin Luther King Jr Center Inc significantly impacts the Quad Cities by fostering community-building, education, and service. Over the past 44 years, it has evolved into a cornerstone for various programs that cater to diverse community needs. By offering after-school programming, workforce development, and youth drug prevention initiatives, the Center plays a vital role in youth development and empowerment.
Its legal assistance and medical services ensure that residents have access to critical resources, while the food cooperatives address food insecurity, making a tangible difference in the lives of many. The Center’s commitment to aging adults and recreational activities creates a more inclusive environment for all community members. Additionally, it serves as a public resource for meetings and events, further solidifying its role as a hub for social cohesion and collective action.
Through festivals and special events, the Center celebrates diversity and fosters respect among community members. By inspiring greatness and advocating for equity and justice, the Martin Luther King Jr Center Inc is instrumental in cultivating a thriving community, deeply rooted in mutual respect and collaboration.
This information is meant to be a general summary of Martin Luther King Jr Center 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: $4,359
- Program Service Revenue: $275,063
- Gross Receipts: $1,607,926
Assets and Liabilities:
- Total Assets: $1,545,429
- Total Liabilities: $1,353,807
- Net Assets: $191,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$275,063
Organization Details
Founding Year
1977
Phone
(309) 732-2997Principal Officer
Michael Glanz
Main Address
630 NINTH STREET, ROCK ISLAND, IL, 61201
Website
www.rigov.orgNTEE Category
Code: O200 - Youth development
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