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Pauline Redmond Coggs Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391989689 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Pauline Redmond Coggs Foundation Inc?

The Pauline Redmond Coggs Foundation Inc is a nonprofit organization committed to charitable, educational, and community services. Acting as a medium for collecting, raising, distributing, and investing funds, the foundation's primary objective is to contribute to these sectors. It offers scholarship and educational assistance to individuals in need, furthering its mission to promote learning and personal growth. The foundation's activities encompass a wide range of charitable endeavors, aiming to positively impact their local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Pauline Redmond Coggs Foundation Inc has received a rating of 73%, which translates to a Two-Star rating, indicating that while some aspects of the organization are functioning well, there are significant areas requiring improvement. The foundation excels in certain financial metrics, including a perfect program expense ratio of 100% and a low liabilities to assets ratio of just 0.39%. Additionally, it boasts a fully independent board, scoring full points on both board independence and size.

Despite these strengths, the foundation has multiple governance issues that have contributed to its lower rating. Notably, it lacks essential documents such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for maintaining transparency and accountability. Furthermore, the absence of a listed tax form on its website has also negatively impacted its score.

Overall, while the Pauline Redmond Coggs Foundation demonstrates robust financial management and governance through an independent board, the missing policies and documentation significantly detract from its accountability ratings. Addressing these gaps could enhance the organization's standing and effectiveness in serving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Pauline Redmond Coggs Foundation Inc legitimate?

Pauline Redmond Coggs Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pauline Redmond Coggs 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: $0

For more financial information, click here

What is the mission statement of Pauline Redmond Coggs Foundation Inc?

The Pauline Redmond Coggs Foundation Inc is dedicated to providing charitable, educational, and community services. Acting as a facilitator for fundraising, distribution, and investment, the foundation's primary objective is to offer scholarship and educational assistance. In essence, its mission revolves around supporting and enhancing various community-related initiatives and educational opportunities.

Who is the CEO of Pauline Redmond Coggs Foundation Inc?

Debra Brown Wallace is the President of Pauline Redmond Coggs Foundation Inc.

What is the revenue of Pauline Redmond Coggs Foundation Inc?

Pauline Redmond Coggs Foundation Inc's revenue in 2022 was $19,895.

Who are the executives of Pauline Redmond Coggs Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Debra Brown Wallace (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanzanique Carrington (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christlyn Frederick Stanley (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcella Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tameka Jones Clay (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paris Farrington (Asst Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chassidy Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pauline Redmond Coggs Foundation Inc?

Pauline Redmond Coggs Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pauline Redmond Coggs Foundation Inc

The Pauline Redmond Coggs Foundation Inc is dedicated to providing charitable, educational, and community services. Acting as a conduit for raising, distributing, and investing funds, this organization's primary mission is to contribute to these crucial sectors. The foundation extends its reach by offering scholarship and educational assistance, thereby playing a significant role in uplifting individuals and communities. By providing these services, the Pauline Redmond Coggs Foundation Inc aims to make a positive impact and contribute to the betterment of society.

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Impact




August, 2024

Pauline Redmond Coggs Foundation Inc has a significant impact on the community by providing charitable, educational, and community services. Through its mission to accept, raise, distribute, and invest funds for these purposes, the foundation is able to offer scholarships and educational assistance to individuals in need. This support plays a crucial role in empowering individuals to access education and opportunity, ultimately contributing to the personal and professional development of the community.




This information is meant to be a general summary of Pauline Redmond Coggs 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.

Revenue
$19,895 (2022)
Expenses
$72,196 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30
  • Gross Receipts: $19,895

Assets and Liabilities:

  • Total Assets: $147,663
  • Total Liabilities: $590
  • Net Assets: $147,073

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Organization Details

Founding Year

1999

Principal Officer

Debra Brown Wallace

Main Address

PO BOX 18577, Milwaukee, WI, 53218

NTEE Category

Code: B82 - Education

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