Overview
What is Coracle?
Coracle is a nonprofit organization, situated in Quicksburg, Virginia, with a team of 13 dedicated individuals. Their mission is to inspire and enable people to embody the divine presence in the world. They achieve this through spiritual formation and kingdom action. Although specific details about their activities and programs are not provided, the organization's purpose suggests they aim to empower individuals to contribute positively to society and promote a divine influence.
Official website here: www.inthecoracle.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%, One-Star out of Four Star rating.
Coracle has been assigned a low rating of 55%, reflecting several concerns within its accountability and financial practices. The high percentage of independent board members and the absence of material diversion of assets indicate a degree of governance integrity. However, the organization lacks crucial policies, such as conflict of interest and whistleblower protections, which could undermine its operational transparency.
Strengths include 100% independence of board members and a low liabilities to assets ratio, showcasing fiscal responsibility. The program expense ratio of 58.70% suggests that more than half of the expenses are allocated to its programs, which is a positive sign for mission-oriented spending. Nonetheless, the absence of essential governance policies and missing documents further highlights the need for improvement in the organization's accountability framework.
Overall, while Coracle shows some strengths in governance structure, the significant gaps in policy and documentation transparency contribute to its low Charity Navigator rating. Addressing these limitations would be crucial for enhancing donor confidence and operational efficiency in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Coracle legitimate?
Coracle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coracle 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: $230,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $421,200
For more financial information, click here
Official website here: www.inthecoracle.org
What is the mission statement of Coracle?
Coracle's mission is centered around inspiring and enabling individuals to embody God's presence in the world. They achieve this through their provision of spiritual formation and opportunities for kingdom action. In essence, their goal is to empower people to make a divine impact on the world, fostering spiritual growth and active engagement in service.
Official website here: www.inthecoracle.org
What is the revenue of Coracle?
Coracle's revenue in 2023 was $849,963.
Official website here: www.inthecoracle.org
Who are the executives of Coracle and what are their salaries?
The average compensation at Coracle during 2023 was $40,700. There are 16 employees and 50 volunteers at Coracle.
Here are 8 key members and their salaries:
- Compensation: $130,000
- Related: $0
- Other: $0
- Compensation: $100,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.inthecoracle.org
Where can I find the form 990 for Coracle?
Coracle's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.inthecoracle.org
Learn more at the official website: www.inthecoracle.org
Mission Statement of Coracle
Coracle, a nonprofit organization, is dedicated to inspiring and enabling individuals to embody the essence of God in the world. They achieve this mission by providing spiritual formation and facilitating kingdom action. Through their offerings, they strive to empower people to make a tangible difference in their communities and the world at large.
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Impact
July, 2024
Coracle's impact lies in its mission to inspire and enable people to embody the presence of God in the world through spiritual formation and kingdom action. By focusing on spiritual development and meaningful engagement with the community, Coracle fosters a sense of purpose and connection among individuals. Through its activities, Coracle encourages people to live out their faith in practical ways, leading to positive impacts on both individuals and the broader community.
This information is meant to be a general summary of Coracle. 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 2023.
- Investment Income: $81
- Program Service Revenue: $3,269
- Gross Receipts: $852,747
Assets and Liabilities:
- Total Assets: $674,930
- Total Liabilities: $2,535
- Net Assets: $672,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HONORARIA
Revenue
$3,269
Organization Details
Founding Year
2012
Principal Officer
William Haley
Website
www.inthecoracle.orgNTEE Category
Code: X20 - Religion related
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