Overview
What is Carr Cares Foundation Inc?
Carr Cares Foundation Inc, based in Frisco, Texas, operates with a mission to enhance the lives of economically disadvantaged children. Their primary focus is on providing educational enrichment programs, aiming to foster physical fitness awareness and personal growth. Established at 6136 Frisco Square Boulevard 400, this nonprofit organization hosts camps and events that serve this purpose, contributing positively to the community.
Official website here: www.carrcares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Carr Cares Foundation Inc has received a 76% rating from Charity Navigator, which indicates a solid level of accountability and finance management. The overall score is derived solely from a single beacon score focused on transparency and fiduciary responsibility. This rating reflects a commitment to maintaining an independent board, with all members being independent, which is a strong positive aspect of the organization's governance.
The foundation excels in several areas, including a 95.96% program expense ratio, suggesting that a significant majority of their expenses are directed towards their programs rather than administrative costs. Additionally, there are no reported issues with material diversion of assets, and they maintain comprehensive documentation of board meeting minutes. However, the organization lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are noted limitations in their governance practices.
While the foundation shows strengths in financial management and board independence, the absence of essential policies could pose risks for accountability and ethical governance. Overall, Carr Cares Foundation Inc demonstrates a strong commitment to utilizing resources effectively, but there is room for improvement in establishing comprehensive governance policies to enhance transparency and trust.
This AI summary has been generated from information found on Charity Navigator.
Is Carr Cares Foundation Inc legitimate?
Carr Cares Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carr Cares 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.
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.carrcares.org
What is the mission statement of Carr Cares Foundation Inc?
The Carr Cares Foundation Inc's mission is centered around providing educational enrichment and youth programs for economically disadvantaged children. Their activities are geared towards enhancing the education of these children, with a particular focus on physical fitness education and awareness. The foundation achieves this through hosting camps and various events, aiming to make a positive impact on the lives of these children.
Official website here: www.carrcares.org
What is the revenue of Carr Cares Foundation Inc?
Carr Cares Foundation Inc's revenue in 2024 was $3,110.
Official website here: www.carrcares.org
Who are the executives of Carr Cares Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.carrcares.org
Where can I find the form 990 for Carr Cares Foundation Inc?
Carr Cares Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.carrcares.org
Learn more at the official website: www.carrcares.org
Mission Statement of Carr Cares Foundation Inc
Carr Cares Foundation Inc is dedicated to providing educational enrichment programs for economically disadvantaged children. Their mission is multifaceted, encompassing both educational enrichment and youth development initiatives. The foundation seeks to uplift these children by organizing events and camps, with a primary focus on physical fitness education and awareness. By doing so, Carr Cares Foundation Inc aims to empower these children and equip them with the necessary tools to overcome their economic challenges.
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Impact
August, 2024
Carr Cares Foundation Inc's impact includes providing educational enrichment programs to economically disadvantaged children. Through hosting camps and events focused on physical fitness education and awareness, the foundation aims to enrich the lives of these children in Frisco, Texas. Their mission is to support the educational and youth development of economically disadvantaged children, ultimately making a difference in their lives.
This information is meant to be a general summary of Carr Cares 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1
- Gross Receipts: $3,110
Assets and Liabilities:
- Total Assets: $6,583
- Total Liabilities: $0
- Net Assets: $6,583
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Organization Details
Founding Year
2013
Principal Officer
Brandon Carr
Website
www.carrcares.orgNTEE Category
Code: P20 - Human services
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