Overview
What is The Master Cares Foundation Inc?
The Master Cares Foundation Inc, based in Frisco, Texas, is a dedicated nonprofit organization. It extends its support to communities residing in and around Rakai, a district situated in southwest Uganda. The foundation's primary focus is on enhancing the quality of life for these individuals through various initiatives. These include fostering education, promoting spiritual growth and development, encouraging job creation, and improving sanitation. Moreover, they also engage in constructing fresh water wells and medical care facilities, aiming to improve the overall health and well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 25%
The Master Cares Foundation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to its low Accountability & Finance score of 25%. This rating indicates significant concerns regarding the organization’s financial transparency and governance practices. Although it has a fully independent board and maintains proper documentation for board meeting minutes, the absence of crucial financial statements and policies raises red flags about its operational integrity.
Key strengths include the presence of an independent board and the absence of material diversion of assets, indicating a stable governance structure in some areas. However, the organization has failed to provide any financial statements, and several essential policies, including conflict of interest and whistleblower policies, are missing. This lack of documentation and transparency can hinder potential donors' trust and confidence in the foundation's financial practices.
Overall, while The Master Cares Foundation Inc demonstrates some positive governance characteristics, the severe shortcomings in financial accountability and transparency considerably affect its overall rating. Potential supporters should consider these issues carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Master Cares Foundation Inc legitimate?
The Master Cares Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Master 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.
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
What is the mission statement of The Master Cares Foundation Inc?
The Master Cares Foundation, based elsewhere, focuses on providing support to individuals in and around the Rakai district located in southwest Uganda. Their mission encompasses various aspects, including education, spiritual development, job creation, and sanitation. They also engage in digging fresh water wells and establishing medical care facilities to enhance the living conditions of the community.
Who is the CEO of The Master Cares Foundation Inc?
Charles Loper Jr is the Principal Officer of The Master Cares Foundation Inc.
What is the revenue of The Master Cares Foundation Inc?
The Master Cares Foundation Inc's revenue in 2022 was $3,073,625.
Who are the executives of The Master Cares Foundation Inc and what are their salaries?
There are 57 employees and 3328 volunteers at The Master Cares Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $45,815
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Where can I find the form 990 for The Master Cares Foundation Inc?
The Master Cares Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Master Cares Foundation Inc
The Master Cares Foundation, a nonprofit organization, is dedicated to providing support to the community in and around Rakai, located in southwest Uganda. Its mission encompasses various aspects, including education, spiritual development, job creation, sanitation, and the construction of fresh water wells and medical care facilities. Through these initiatives, the foundation aims to uplift the people in this region, promoting overall well-being and development. The organization's work in Rakai is multifaceted, focusing on both physical and spiritual growth.
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Impact
July, 2024
The Master Cares Foundation Inc's impact is felt in the district of Rakai in southwest Uganda, where they support the community through education, discipleship/spiritual development, job creation, sanitation initiatives, digging fresh water wells, and providing medical care facilities. Their efforts contribute to improving the overall well-being and quality of life for the people in and around Rakai, fostering sustainable development and providing vital resources and services in areas of need.
This information is meant to be a general summary of The Master 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 2022.
- Program Service Revenue: $226,764
- Gross Receipts: $3,073,625
Assets and Liabilities:
- Total Assets: $2,971,321
- Total Liabilities: $423,018
- Net Assets: $2,548,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESALE STORE & ITEMS
Revenue
$226,764
Organization Details
Founding Year
2013
Phone
(214) 472-5000Principal Officer
Charles Loper Jr
Main Address
9300 WADE BLVD, FRISCO, TX, 75035
NTEE Category
Code: P20 - Human services
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