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Icarre Foundation Inc

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

EIN: 472180359 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Icarre Foundation Inc?

Icarre Foundation Inc, based in Baltimore, Maryland, is a nonprofit organization that strives to make a positive impact on the Baltimore-Washington metro area. Their mission is multifaceted, encompassing the development of strong partnerships, the creation and implementation of health and wellness initiatives, and the empowerment of families through entrepreneurship and financial literacy. To achieve these goals, they conduct workshops, provide mentoring, and offer coaching. The foundation continues to operate, serving its clients and fulfilling its mission to improve the community.


Official website here: www.icarrefound.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

The Icarre Foundation Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial management. The overall score indicates that the foundation is well-structured in its governance, with full marks for having an independent board and effective policies in place, demonstrating a commitment to transparency and ethical oversight.

Strengths highlighted include a high program expense ratio of 77.15%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization maintains a comprehensive set of policies, including conflict of interest and whistleblower protections, reinforcing its dedication to responsible management.

While the foundation scores highly in many areas, the overall rating reflects solely the Accountability & Finance beacon. There are no noted weaknesses in the feedback, but potential donors may want to look for more information regarding program outcomes or impact to gain a fuller picture of the organization's effectiveness beyond financial metrics.


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

Is Icarre Foundation Inc legitimate?

Icarre Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Icarre 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


Official website here: www.icarrefound.org

What is the mission statement of Icarre Foundation Inc?

The Icarre Foundation Inc's mission is centered around cultivating robust partnerships within the community and fostering health and wellness initiatives. They strive to positively impact families by promoting entrepreneurship and financial literacy. This mission is executed through various means, such as workshops, mentoring, and coaching. The foundation aims to make a tangible difference in people's lives.


Official website here: www.icarrefound.org

Who is the CEO of Icarre Foundation Inc?

Rodney Carr is the Executive Director of Icarre Foundation Inc.


Official website here: www.icarrefound.org

What is the revenue of Icarre Foundation Inc?

Icarre Foundation Inc's revenue in 2022 was $470,340.


Official website here: www.icarrefound.org

Who are the executives of Icarre Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Rodney Carr (Executive Director)
  • Compensation: $80,000
  • Related: $0
  • Other: $0
Debra Watson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Bennett-Ingram (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Johnson-Carr (Vice Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.icarrefound.org

Where can I find the form 990 for Icarre Foundation Inc?

Icarre Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.icarrefound.org

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

Mission Statement of Icarre Foundation Inc

Icarre Foundation Inc, a community-focused organization, is dedicated to fostering strong partnerships and making a significant impact on families. Their mission revolves around creating and implementing health and wellness initiatives within the community, with a particular emphasis on entrepreneurship and financial literacy. This is achieved through various means including workshops, mentoring, and coaching. By doing so, Icarre Foundation Inc aims to empower families and help them achieve self-sufficiency. Their work is designed to positively impact the community by enhancing the well-being and financial stability of its members.

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Impact




July, 2024

Icarre Foundation Inc's impact is substantial in the Baltimore-Washington metro area. Through their focus on developing strong partnerships, implementing health and wellness initiatives, and empowering families through entrepreneurship and financial literacy, the foundation is making a tangible difference in the community. Their workshops, mentoring, coaching, and other programs are directly benefiting individuals and families, ultimately contributing to the overall well-being of the community. By addressing crucial issues such as mental health and financial literacy, Icarre Foundation Inc is not only serving their clients but also building a stronger and more sustainable community.




This information is meant to be a general summary of Icarre 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.

Revenue
$470,340 (2022)
Expenses
$471,494 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $470,340
  • Gross Receipts: $470,340

Assets and Liabilities:

  • Total Assets: $100,996
  • Total Liabilities: $134,114
  • Net Assets: -$33,118

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Programs

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

Program Service Income

Revenue

$470,340

Organization Details

Founding Year

2014

Principal Officer

Rodney Carr

Main Address

1804 N PAYSON STREET, Baltimore, MD, 21239

NTEE Category

Code: F21 - Mental health

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