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America Can Cars For Kids

Texans Can Cars For Kids

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

EIN: 462077931 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is America Can Cars For Kids?

America Can Cars For Kids is a nonprofit organization based in Dallas, Texas, with a team of 35 employees. Their primary mission is to solicit donations, mainly in the form of car donations, to raise funds and provide grants to America Can, also known as Texans Can. This initiative aims to help kids by offering them opportunities to build a better future. The organization, named Texans Can Cars For Kids, collects vehicles and transforms them into resources for improving children's lives.


Official website here: www.carsforkids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Stars)

America Can Cars For Kids has received a One-Star rating from Charity Navigator, indicating significant areas for improvement in accountability and financial management. While it scores well in leadership and culture, it struggles with low program expense and fundraising efficiency ratios, suggesting that a substantial portion of funds may not be utilized effectively for its mission.

User feedback highlights a strong commitment from the staff towards both donors and beneficiaries, with many expressing satisfaction with the donation process and the impact the organization has on youth education. Positive reviews emphasize the professionalism and dedication of the team, citing personal experiences of smooth car donations and the organization's role in helping kids achieve their high school diplomas.

However, there are also concerns raised about recent changes in vehicle acquisition and the auction process, with some users feeling that the program has shifted away from its original mission to aid low-income families in obtaining affordable transportation. While many donors express confidence in the organization, a few recent reviews indicate dissatisfaction, particularly regarding communication and vehicle availability. Overall, America Can Cars For Kids is viewed positively in terms of its mission impact, despite financial and operational challenges.


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

Is America Can Cars For Kids legitimate?

America Can Cars For Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. America Can Cars For Kids 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: $422,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,530,962

For more financial information, click here


Official website here: www.carsforkids.org

What is the mission statement of America Can Cars For Kids?

America Can Cars For Kids is a charitable organization that seeks to help children by soliciting donations. Their mission is geared towards providing opportunities for kids to build a better future. Through their car donation program, they raise funds and offer grants to eligible recipients. By donating a car, individuals can contribute significantly to the cause and make a difference in a child's life. America Can Cars For Kids empowers children to reach their full potential and create a more promising future for themselves.


Official website here: www.carsforkids.org

Who is the CEO of America Can Cars For Kids?

Colin Weatherwax is the Chairman of America Can Cars For Kids. The CEO's salary of America Can Cars For Kids is $181,639 and their total compensation is $212,215.


Official website here: www.carsforkids.org

What is the revenue of America Can Cars For Kids?

America Can Cars For Kids's revenue in 2023 was $14,523,243.


Official website here: www.carsforkids.org

Who are the executives of America Can Cars For Kids and what are their salaries?

The average compensation at America Can Cars For Kids during 2023 was $55,805. There are 35 employees at America Can Cars For Kids.


Here are 11 key members and their salaries (America Can Cars For Kids's CEO's salary is $181,639 and their total compensation is $212,215):


Rudy Oeftering (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina M Thompson (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael T Casey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guadalupe Garcia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Rayfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joffrey Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monty Gamber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Weatherwax (Chief Executive Officer)
  • Compensation: $181,639
  • Related: $0
  • Other: $30,576
Amanda Hollins (Chief Operating Officer)
  • Compensation: $132,878
  • Related: $0
  • Other: $15,874
Erica Black Ended Fall 2022 (Chief Compliance Officer)
  • Compensation: $124,499
  • Related: $0
  • Other: $5,819


Official website here: www.carsforkids.org

Where can I find the form 990 for America Can Cars For Kids?

America Can Cars For Kids's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.carsforkids.org

Learn more at the official website: www.carsforkids.org

Mission Statement of America Can Cars For Kids

America Can Cars For Kids is a mission-driven organization that focuses on soliciting donations to help children graduate and build a better future for themselves. By collecting car donations, this charitable entity generates funds to provide grants to the entity named Texans Can.

In simple terms, America Can Cars For Kids embarks on a car donation program with the primary goal of raising money to support the initiatives of Texans Can. By encouraging people to donate their used vehicles, America Can Cars For Kids transforms these donations into valuable resources that ultimately benefit children in need.

By sponsoring car donations, America Can Cars For Kids is able to provide grants to Texans Can, an organization dedicated to making a positive impact on the lives of young people. These grants, made possible by the generosity of car donors, empower children with the opportunity to create a brighter future for themselves. The charitable spirit of America Can Cars For Kids fuels the hope and determination of countless children, enabling them to overcome challenges and reach their full potential.

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Impact




October, 2024

America Can Cars For Kids focuses on soliciting car donations to generate funds that support educational opportunities for young people. By converting donated vehicles into financial resources, the program specifically aims to provide grants to help kids graduate. This initiative nurtures the potential of children, empowering them to achieve a brighter future through education. The impact is significant in addressing educational barriers, fostering personal growth, and ultimately contributing to the development of skilled, self-sufficient individuals within the community.




This information is meant to be a general summary of America Can Cars For Kids. 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
$14,523,243 (2023)
Expenses
$11,876,689 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $28,344
  • Program Service Revenue: $140,538
  • Gross Receipts: $14,523,243

Assets and Liabilities:

  • Total Assets: $6,682,866
  • Total Liabilities: $742,480
  • Net Assets: $5,940,386

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSIGNMENT SALES

Revenue

$140,538

Organization Details

Founding Year

2013

Principal Officer

Colin Weatherwax

Main Address

7100 MARVIN D LOVE FRWY, DALLAS, TX, 75237

NTEE Category

Code: B11 - Education

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