Overview
What is Fallbrook Community Development Corporation?
The Fallbrook Community Development Corporation, located in Houston, Texas, is a nonprofit organization that serves at least 300 clients. Their primary mission is to provide continued education and care for children aged 3 to 13 through their before and after school program. Additionally, they operate The Christian Academy, which caters to 18-month-olds, pre-K3, and pre-K4. Summer camp is also offered for children during their break from school. Beyond educational programs, Fallbrook Community Development Corporation offers various classes to assist individuals in their personal growth, such as reading and math classes, tutorial sessions, financial courses, and resume, GED, and job preparation classes. With a team of 22 employees, their mission is to bridge the gap between aspirations and reality, preparing their students to become leaders of tomorrow.
Official website here: www.fallbrookacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Fallbrook Community Development Corporation has received a low rating of 54%, indicating significant areas for improvement in accountability and finance. One of the major concerns is the complete lack of independent board members, which raises questions about governance and oversight. Additionally, the absence of essential policies such as conflict of interest and whistleblower protections suggests potential vulnerabilities in organizational integrity.
On a positive note, the organization has maintained a strong program expense ratio of 83.43%, demonstrating a commitment to allocating funds toward its mission-driven programs. Furthermore, the organization has a good liabilities to assets ratio of 46.99%, indicating a manageable level of debt relative to its assets. However, the missing financial statements and tax forms hinder transparency and accountability, limiting stakeholders' ability to assess the organization's financial health comprehensively.
Overall, while the Fallbrook Community Development Corporation shows promise in program spending, the lack of independent governance and essential operational policies highlight critical weaknesses that need to be addressed to improve trust and effectiveness within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Fallbrook Community Development Corporation legitimate?
Fallbrook Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fallbrook Community Development Corporation 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: $644,777
For more financial information, click here
Official website here: www.fallbrookacademy.com
What is the mission statement of Fallbrook Community Development Corporation?
The Fallbrook Community Development Corporation's mission is to bridge the gap between aspirations and reality, preparing its students to become leaders of tomorrow. This organization provides before and after school care and education continuance, serving at least 300 clients. Their services extend to children aged 3 to 13, with the Christian Academy offering schooling for younger ages and summer camp as well. The corporation offers reading and math classes, along with tutorial and financial courses, and even provides assistance with resume, GED, and job preparation.
Official website here: www.fallbrookacademy.com
Who is the CEO of Fallbrook Community Development Corporation?
Michael A Pender is the President & Ceo of Fallbrook Community Development Corporation. The CEO's salary of Fallbrook Community Development Corporation is $0 and their total compensation is $0.
Official website here: www.fallbrookacademy.com
What is the revenue of Fallbrook Community Development Corporation?
Fallbrook Community Development Corporation's revenue in 2022 was $1,139,247.
Official website here: www.fallbrookacademy.com
Who are the executives of Fallbrook Community Development Corporation and what are their salaries?
The average compensation at Fallbrook Community Development Corporation during 2022 was $29,308. There are 22 employees and 2 volunteers at Fallbrook Community Development Corporation.
Here are 4 key members and their salaries (Fallbrook Community Development Corporation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $83,197
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fallbrookacademy.com
Where can I find the form 990 for Fallbrook Community Development Corporation?
Fallbrook Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fallbrookacademy.com
Learn more at the official website: www.fallbrookacademy.com
Mission Statement of Fallbrook Community Development Corporation
Fallbrook Community Development Corporation, in its mission, aims to bridge the gap between dreams and reality, preparing its students to become leaders of tomorrow. This nonprofit organization primarily focuses on providing before and after school care and education continuance. It serves at least 300 clients, offering a wide range of educational programs. Among these, the Christian Academy caters to children as young as 18 months, offering pre-K3 and pre-K4 classes, along with summer camp.
In addition to these educational opportunities, Fallbrook Community Development Corporation offers supplementary courses to help its students excel. These include reading and math classes, tutorial sessions, and financial classes. Furthermore, the organization provides resume, GED, and job preparation classes to equip its students with the necessary skills for their future careers. This holistic approach to education and personal development is central to Fallbrook Community Development Corporation's mission, striving to prepare its students for success in their lives beyond the classroom.
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Impact
July, 2024
Fallbrook Community Development Corporation's impact can be seen in the lives of over 300 clients served through their programs. They provide before and after school care for children aged 3-13, as well as schooling for younger ages and summer camp. Additionally, they offer a range of educational classes including reading, math, tutorial, financial literacy, resume building, GED preparation, and job readiness. Their mission of bridging the gap between dreams and reality while preparing students to be leaders of tomorrow is evident in their commitment to providing comprehensive educational support.
This information is meant to be a general summary of Fallbrook Community Development Corporation. 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.
- Investment Income: $9
- Program Service Revenue: $1,139,038
- Gross Receipts: $1,139,247
Assets and Liabilities:
- Total Assets: $379,978
- Total Liabilities: $178,575
- Net Assets: $201,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE PROGRAMS
Revenue
$1,139,038
Organization Details
Founding Year
2014
Phone
(281) 444-6198Principal Officer
Michael A Pender
Main Address
12512 WALTERS ROAD, HOUSTON, TX, 77014
Website
www.fallbrookacademy.comNTEE Category
Code: B21 - Education
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