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Karma For Cara Inc C/O Wework Attnsterling Partners

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

EIN: 462818826 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Karma For Cara Inc C/O Wework Attnsterling Partners?

Karma For Cara Inc C/O Wework Attnsterling Partners is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to inspire young individuals to reach their full potential by engaging in hands-on education and job training. They achieve this goal by utilizing urban, natural, and maritime resources as "living classrooms." Additionally, Karma For Cara Inc encourages volunteerism and community leadership among youth and supports leukemia and cancer patients by improving their hope, quality of life, and ability to recover. Their activities align with their status as a 501(c)(3) organization, allowing donations to be tax-deductible under certain sections of the Internal Revenue Code.


Official website here: www.karmaforcara.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86%, Three-Star out of Four Star rating. Karma For Cara Inc demonstrates strong performance in accountability and finance, achieving a score of 86%. This rating indicates a solid level of transparency and good governance practices, which are vital for building trust with donors and stakeholders.

The organization exhibits strong financial responsibility, with a program expense ratio of 94.43%, signifying that a significant majority of its resources are directed toward its programs. Moreover, the board composition is commendable, featuring 60% independent members, which enhances its governance structure. The charity has ensured that critical policies, such as conflict of interest, are in place, although it is worth noting that the organization lacks a whistleblower policy and a document retention policy, which could be areas for improvement.

Overall, while Karma For Cara Inc has solid foundations in its financial practices and board independence, enhancing its policy framework could further strengthen its operations. The absence of certain policies might not significantly impact its current standing, but addressing these gaps could further bolster its accountability and transparency measures for future growth.


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

What do the Facebook reviews say about Karma For Cara Inc C/O Wework Attnsterling Partners?

Karma For Cara Inc has received praise from its community, despite a small number of reviews. A recent comment highlights the organization's commitment to honoring Cara’s legacy while empowering young leaders across the country. The sentiment expressed is overwhelmingly positive, showcasing an appreciation for the nonprofit's mission and impact.

The organization is recognized for its belief in the potential of youth and the encouragement it provides them. This reflects a strong dedication to fostering leadership among young individuals, which resonates well with supporters.

Overall, individuals feel inspired by the work of Karma For Cara, marking it as a commendable force in supporting and uplifting the next generation of leaders.


This AI summary has been generated from reviews found on Facebook.

Is Karma For Cara Inc C/O Wework Attnsterling Partners legitimate?

Karma For Cara Inc C/O Wework Attnsterling Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karma For Cara Inc C/O Wework Attnsterling Partners 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


Official website here: www.karmaforcara.org

What is the mission statement of Karma For Cara Inc C/O Wework Attnsterling Partners?

Karma For Cara Inc, an organization operating under Section 501(C)(3) of the Internal Revenue Code, is committed to promoting volunteerism and community leadership among youth. Additionally, the organization seeks to support leukemia and cancer patients by enhancing their hope, improving their quality of life, and aiding their recovery process. They accomplish this by conducting activities in a manner consistent with their non-profit status, and contributions made to them are tax-deductible under certain sections of the Internal Revenue Code. The organization has also contributed to the Living Classrooms Foundation, an organization that inspires young people to realize their potential through hands-on education and job training using urban, natural, and maritime resources as learning environments.


Official website here: www.karmaforcara.org

Who is the CEO of Karma For Cara Inc C/O Wework Attnsterling Partners?

Eric D Becker is the President of Karma For Cara Inc C/O Wework Attnsterling Partners.


Official website here: www.karmaforcara.org

What is the revenue of Karma For Cara Inc C/O Wework Attnsterling Partners?

Karma For Cara Inc C/O Wework Attnsterling Partners's revenue in 2022 was $55,727.


Official website here: www.karmaforcara.org

Who are the executives of Karma For Cara Inc C/O Wework Attnsterling Partners and what are their salaries?


Here are 5 key members and their salaries:


Eric Becker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mats Lederhausen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margot Lessans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.karmaforcara.org

Where can I find the form 990 for Karma For Cara Inc C/O Wework Attnsterling Partners?

Karma For Cara Inc C/O Wework Attnsterling Partners's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.karmaforcara.org

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

Mission Statement of Karma For Cara Inc C/O Wework Attnsterling Partners

Karma For Cara Inc, a nonprofit organization, is committed to promoting volunteerism and community leadership among youth. Additionally, it aims to support individuals battling leukemia and cancer, helping them regain hope, improve their quality of life, and advance their journey towards recovery. The organization operates in accordance with its status as a 501(c)(3) organization, making contributions towards its cause tax-deductible under relevant sections of the Internal Revenue Code. Karma For Cara Inc has also contributed to the Living Classrooms Foundation, an organization that inspires young people to reach their full potential through hands-on education and job training, utilizing urban, natural, and maritime resources as learning environments.

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Impact




August, 2024

Karma For Cara Inc, operating through its partnership with WeWork and Sterling Partners, is making a significant impact on youth and leukemia/cancer patients. By promoting and teaching volunteerism and community leadership to youth, the organization is not only instilling valuable skills but also fostering a sense of social responsibility among the younger generation. Additionally, their efforts to assist leukemia and cancer patients in improving their hope, quality of life, and overall health are vital in providing support to those facing challenging medical conditions. Through collaborations like those with Living Classrooms Foundation, Karma For Cara Inc is positively influencing the lives of individuals and communities, embodying its mission of driving positive change.




This information is meant to be a general summary of Karma For Cara Inc C/O Wework Attnsterling Partners. 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
$55,727 (2022)
Expenses
$57,076 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $254
  • Gross Receipts: $55,727

Assets and Liabilities:

  • Total Assets: $224,559
  • Total Liabilities: $0
  • Net Assets: $224,559

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Organization Details

Founding Year

2013

Principal Officer

Eric D Becker

Main Address

167 N GREEN ST 4TH FLOOR, CHICAGO, IL, 60607

NTEE Category

Code: P20 - Human services

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