Overview
What is Central Catholic Development Foundation?
The Central Catholic Development Foundation is a nonprofit organization situated in Grand Island, Nebraska, with a physical address at 1200 N Ruby Ave. Their primary mission is to support Central Catholic schools by offering financial aid to help cover religious and educational expenses. The foundation is specifically dedicated to providing funds for Central Catholic Middle School and High School. With a small workforce of only two individuals, they contribute significantly to the educational sector in their community.
Official website here: www.centralcatholic-development.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Central Catholic Development Foundation has received a solid rating of 80% from Charity Navigator, indicating a commendable level of accountability and financial health. The organization boasts a perfect score when it comes to having an independent board and effective management of its assets, highlighting its commitment to transparency and governance.
Strengths of the foundation include an impressive program expense ratio of 86.01%, showcasing that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has demonstrated excellent fundraising efficiency, with a low cost of fundraising at just $0.05 per dollar raised, indicating effective resource management and donor engagement.
While the rating reflects strong performance, potential donors may want to note that an 80% score, while good, suggests there is room for improvement. Continued focus on enhancing practices and transparency could further solidify trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Central Catholic Development Foundation legitimate?
Central Catholic Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Catholic Development Foundation 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: $112,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,550
For more financial information, click here
Official website here: www.centralcatholic-development.com
What is the mission statement of Central Catholic Development Foundation?
The Central Catholic Development Foundation's mission is centered around providing financial aid. Specifically, it aims to contribute funds to Central Catholic Middle School and High School to help cover both religious and educational expenses. By distributing these funds, the foundation aims to support the operation and growth of the schools, ensuring they can continue to provide quality education to their students.
Official website here: www.centralcatholic-development.com
What is the revenue of Central Catholic Development Foundation?
Central Catholic Development Foundation's revenue in 2023 was $8,415,587.
Official website here: www.centralcatholic-development.com
Who are the executives of Central Catholic Development Foundation and what are their salaries?
The average compensation at Central Catholic Development Foundation during 2023 was $89,462. There are 2 employees and 150 volunteers at Central Catholic Development Foundation.
Here are 17 key members and their salaries:
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Official website here: www.centralcatholic-development.com
Where can I find the form 990 for Central Catholic Development Foundation?
Central Catholic Development Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centralcatholic-development.com
Learn more at the official website: www.centralcatholic-development.com
Mission Statement of Central Catholic Development Foundation
The Central Catholic Development Foundation is dedicated to supporting Central Catholic Middle School and High School by providing necessary funds. Their mission is to alleviate the financial burden associated with religious and educational expenses at these institutions. The organization distributes funds to Central Catholic schools, thereby contributing significantly to their operational expenses.
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Impact
July, 2024
Central Catholic Development Foundation's impact is significant in supporting the Central Catholic Middle School-High School in Grand Island, NE. By providing funds to defray religious and education costs, the foundation plays a crucial role in ensuring that students at Central Catholic Schools have access to quality education and a strong religious foundation. This impact extends beyond the classroom, shaping the lives of students and contributing to the community's overall well-being.
This information is meant to be a general summary of Central Catholic Development Foundation. 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: $209,989
- Gross Receipts: $8,584,985
Assets and Liabilities:
- Total Assets: $6,743,405
- Total Liabilities: $50,809
- Net Assets: $6,692,596
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Organization Details
Founding Year
1985
Principal Officer
Jolene Wojcik
NTEE Category
Code: B25I - Education
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