Overview
What is Cool Ministries?
Cool Ministries is a nonprofit organization situated in Waukegan, Illinois, specifically at 800 W Glen Flora Ave. Their primary mission is to extend aid to families in need, primarily focusing on alleviating hunger and homelessness in Lake County, Illinois. They serve numerous guests annually through their Food Pantry Program, which provides essential nutritional support. In line with this mission, they strive to encourage personal growth and self-sufficiency within the families they assist. The organization, manned by a team of 10 dedicated individuals, operates with the aim of providing comprehensive assistance to those in need.
Official website here: www.coolministries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Cool Ministries has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. With an 83% score in Accountability & Finance, the organization is recognized for having an independent board comprised entirely of independent members and maintaining rigorous financial oversight through an Audit and Oversight Committee. They have also demonstrated a solid program expense ratio of 82.92%, indicating that a significant portion of their resources goes directly to their programs.
In addition to financial strengths, Cool Ministries has excelled in the Culture & Community category, scoring a perfect 100%. This includes excellent performance in collecting and utilizing constituent feedback, showcasing their commitment to engaging with their community and responding to their needs. Their equity strategies and policies are also highly rated, further emphasizing their dedication to inclusivity and support for diverse populations.
While the organization shows strong performance across various metrics, it is essential for potential donors and supporters to remain informed about any changes in their operational practices or community impact. Overall, Cool Ministries is recognized for its effective programs and financial management, making it a reliable choice for individuals looking to support meaningful causes.
This AI summary has been generated from information found on Charity Navigator.
Is Cool Ministries legitimate?
Cool Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cool Ministries 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:
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Other Salaries and Wages: $207,575
For more financial information, click here
Official website here: www.coolministries.org
What is the mission statement of Cool Ministries?
Cool Ministries' mission is to offer comprehensive aid to families in need, focusing on alleviating hunger and homelessness while fostering personal growth and self-sufficiency. Through their initiatives, they aim to provide nutritional food to impoverished and homeless individuals, serving thousands of guests annually in Lake County, Illinois, as part of their Food Pantry Program. The organization's ultimate goal is to empower these families to become self-reliant.
Official website here: www.coolministries.org
Who is the CEO of Cool Ministries?
Don Hanigan is the President of Cool Ministries.
Official website here: www.coolministries.org
What is the revenue of Cool Ministries?
Cool Ministries's revenue in 2022 was $1,553,973.
Official website here: www.coolministries.org
Who are the executives of Cool Ministries and what are their salaries?
The average compensation at Cool Ministries during 2022 was $20,758. There are 10 employees and 15 volunteers at Cool Ministries.
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- Compensation: $65,037
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Official website here: www.coolministries.org
Where can I find the form 990 for Cool Ministries?
Cool Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coolministries.org
Learn more at the official website: www.coolministries.org
Mission Statement of Cool Ministries
Cool Ministries, a nonprofit organization, is committed to providing comprehensive assistance to families in need. Their mission is twofold: firstly, they aim to alleviate hunger and homelessness within the community, and secondly, they encourage personal growth and self-sufficiency among the individuals they serve. Through their food pantry program, Cool Ministries provides nutritious food to impoverished and homeless individuals in Lake County, Illinois, serving thousands of guests annually. This program is a testament to the organization's dedication to reducing the hardships faced by families in need. Beyond providing food, Cool Ministries also encourages personal growth and self-sufficiency, empowering individuals to take control of their lives and become independent.
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Impact
October, 2024
Cool Ministries significantly impacts the community by providing comprehensive assistance to families in need, focusing on reducing hunger and homelessness. Through its Food Pantry Program, it serves thousands of individuals each year in Lake County, Illinois, delivering essential nutritional food to impoverished and homeless people. This initiative not only addresses immediate food insecurity but also encourages personal growth and self-sufficiency among its participants, fostering a path towards stability and independence. By nurturing hope and resilience, Cool Ministries plays a vital role in transforming the lives of those it serves in Waukegan and the surrounding areas.
This information is meant to be a general summary of Cool Ministries. 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: $14,683
- Program Service Revenue: $9,145
- Gross Receipts: $1,649,607
Assets and Liabilities:
- Total Assets: $1,220,222
- Total Liabilities: $22,310
- Net Assets: $1,197,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$9,145
Organization Details
Founding Year
1983
Phone
(847) 662-1340Principal Officer
Don Hanigan
Main Address
800 W GLEN FLORA AVE, WAUKEGAN, IL, 60085
Website
www.coolministries.orgNTEE Category
Code: P200 - Human services
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