Overview
What is Kinship Of Cumberland Inc?
Kinship Of Cumberland Inc, located in Cumberland, Wisconsin, is a nonprofit organization dedicated to empowering children. With a small team of one individual, they strive to help children reach their full potential by fostering one-on-one mentoring relationships. These relationships promote companionship, guidance, and enhance self-esteem and life skills in the children, ultimately contributing to their overall development. The organization utilizes its entire resources for activities that directly benefit the children, demonstrating its commitment to their wellbeing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Star rating)
Kinship Of Cumberland Inc has received a score of 47%, resulting in a Zero-Star rating from Charity Navigator, which primarily reflects its accountability and financial measures. The overall score is derived solely from the Accountability & Finance beacon, indicating significant concerns regarding its financial health.
The organization demonstrates strong governance practices, with 100% of board members being independent and no material diversion of assets reported. Additionally, it adheres to conflict of interest policies and has documented board meeting minutes, which reflect a commitment to good governance.
However, the charity struggles with financial ratios, particularly with a liabilities-to-assets ratio of 3.53%, which has negatively impacted its score. Furthermore, only 48.74% of its expenses are directed towards programs, raising questions about its operational efficiency and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kinship Of Cumberland Inc legitimate?
Kinship Of Cumberland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kinship Of Cumberland 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: $52,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kinship Of Cumberland Inc?
Kinship Of Cumberland Inc's mission is centered around empowering children to reach their full potential. This is achieved through the establishment of one-on-one mentoring relationships. These relationships serve to foster companionship and guidance, thereby enhancing the children's self-esteem and life skills. The organization's activities are primarily focused on these mentorships, aiming to positively impact the children's lives.
Who is the CEO of Kinship Of Cumberland Inc?
Penny Runberg is the Board of Kinship Of Cumberland Inc.
What is the revenue of Kinship Of Cumberland Inc?
Kinship Of Cumberland Inc's revenue in 2022 was $63,096.
Who are the executives of Kinship Of Cumberland Inc and what are their salaries?
The average compensation at Kinship Of Cumberland Inc during 2022 was $52,892. There is 1 employee at Kinship Of Cumberland Inc.
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Where can I find the form 990 for Kinship Of Cumberland Inc?
Kinship Of Cumberland Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kinship Of Cumberland Inc
Kinship of Cumberland Inc is an organization dedicated to helping children reach their full potential. Through one-on-one mentoring relationships, the nonprofit fosters companionship and guidance, ultimately enhancing the children's self-esteem and life skills. The mission of Kinship of Cumberland Inc is to encourage every child, ensuring they have the opportunity to grow and thrive in a supportive environment. The mentoring relationships established by the organization play a crucial role in empowering these children, providing them with the tools they need to navigate life with confidence and resilience.
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Impact
August, 2024
Kinship Of Cumberland Inc's impact lies in its mission to encourage every child to reach their highest potential through one-on-one mentoring relationships. By fostering companionship and guidance, the organization enhances self-esteem and life skills in the youth. This impactful work directly contributes to the positive development and growth of children in Cumberland, Wisconsin.
This information is meant to be a general summary of Kinship Of Cumberland 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: $380
- Gross Receipts: $63,096
Assets and Liabilities:
- Total Assets: $196,244
- Total Liabilities: $6,929
- Net Assets: $189,315
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Organization Details
Founding Year
1998
Phone
(715) 822-5553Principal Officer
Penny Runberg
Main Address
PO BOX 441, CUMBERLAND, WI, 54829
NTEE Category
Code: O31 - Youth development
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