Overview
What is Concentric Development Inc?
Concentric Development Inc, located at 317 Robert Street, Cary, NC 27511, is a nonprofit organization dedicated to extending a helping hand to individuals and organizations aiming to meet people's humanitarian, relief, development, and spiritual needs both in the United States and abroad. The organization plays a significant role in equipping churches in Asia to reach out to their surrounding communities, offering aid in word and deed. With a small team of one dedicated employee, Concentric Development Inc continues its mission to provide assistance to those in need, contributing to humanitarian relief, development, and spiritual growth on a global scale.
Official website here: www.concentricdevelopment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
Concentric Development Inc has received a Three-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 83%. This rating highlights the organization's strong commitment to financial transparency, evident through its independent board structure and the absence of material diversion of assets. The organization excels in maintaining an independent board with a full complement of independent members, which is crucial for effective governance.
Despite these strengths, there are notable limitations. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential components of good governance practices. Additionally, the nonprofit has not posted its tax form on its website, which could limit transparency for potential donors and stakeholders.
Overall, while Concentric Development Inc demonstrates strong financial management and accountability, addressing the gaps identified in its governance policies could enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Concentric Development Inc legitimate?
Concentric Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concentric Development 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: $265,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.concentricdevelopment.org
What is the mission statement of Concentric Development Inc?
Concentric Development Inc's mission is to offer assistance to individuals and organizations aiming to address humanitarian relief, development, and/or spiritual needs both domestically in the United States and internationally. Their goal is to provide aid to those in need, promoting a better quality of life for many. The organization has been instrumental in equipping churches in Asia to extend their reach to their surrounding communities, demonstrating their commitment through both words and actions.
Official website here: www.concentricdevelopment.org
Who is the CEO of Concentric Development Inc?
Jonathan Mitchell is the President/Secretary of Concentric Development Inc.
Official website here: www.concentricdevelopment.org
What is the revenue of Concentric Development Inc?
Concentric Development Inc's revenue in 2022 was $526,271.
Official website here: www.concentricdevelopment.org
Who are the executives of Concentric Development Inc and what are their salaries?
The average compensation at Concentric Development Inc during 2022 was $265,234. There is 1 employee and 5 volunteers at Concentric Development Inc.
Here are 6 key members and their salaries:
- Compensation: $211,411
- Related: $0
- Other: $53,823
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.concentricdevelopment.org
Where can I find the form 990 for Concentric Development Inc?
Concentric Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concentricdevelopment.org
Learn more at the official website: www.concentricdevelopment.org
Mission Statement of Concentric Development Inc
Concentric Development Inc is committed to offering assistance to individuals and organizations striving to address the humanitarian relief, development, and spiritual needs of people both in the United States and abroad. This nonprofit organization aims to provide aid to those dedicated to meeting the diverse needs of communities, whether it be in the realm of humanitarian relief, development, or spiritual growth. To accomplish this mission, Concentric Development Inc has equipped churches in Asia to reach out to their surrounding communities, extending a helping hand in both words and deeds. By assisting these churches, Concentric Development Inc is able to contribute to the betterment of communities on a global scale, fostering a sense of unity and support among people in need.
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Impact
July, 2024
Concentric Development Inc plays a vital role in supporting individuals and organizations dedicated to meeting people's humanitarian relief, development, and spiritual needs in the United States and abroad. Specifically, Concentric Development Inc has equipped churches in Asia to reach out to their surrounding communities in both word and deed. This dedicated effort exemplifies the organization's commitment to fostering positive change and providing crucial support to those in need, making a meaningful impact on a global scale.
This information is meant to be a general summary of Concentric Development 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.
- Program Service Revenue: $113,750
- Gross Receipts: $526,271
Assets and Liabilities:
- Total Assets: $296,368
- Total Liabilities: $4,016
- Net Assets: $292,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PAYMENT FOR SERVICES
Revenue
$113,750
Organization Details
Founding Year
2011
Phone
(919) 801-6597Principal Officer
Jonathan Mitchell
Main Address
317 ROBERT STREET, CARY, NC, 27511
NTEE Category
Code: Q023 - International
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