nonprofit logo

Bags Foundation Ct Inc

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

EIN: 472267166 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Bags Foundation Ct Inc?

Bags Foundation Ct Inc is a nonprofit organization situated in Waterbury, Connecticut, serving the local community. Its primary focus is on supporting after-school programs and summer activities for low-income inner-city youth. By operating these programs, the foundation aims to provide a safe and enriching environment for these young individuals during non-school hours. The organization's mission is deeply rooted in its commitment to uplift and support the youth from underprivileged backgrounds in Waterbury.


Official website here: www.bagsfoundationct.com

Is Bags Foundation Ct Inc legitimate?

Bags Foundation Ct Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bags Foundation Ct 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: $744,151

For more financial information, click here


Official website here: www.bagsfoundationct.com

What is the mission statement of Bags Foundation Ct Inc?

Bags Foundation Ct Inc's mission is centered around supporting after-school and summer programs for youth from low-income inner-city communities. Their mission is to enhance these educational initiatives, aiming to make a positive impact on the lives of these young individuals. The organization's primary objective is to provide the necessary resources and assistance to ensure the success and effectiveness of these programs. By doing so, they strive to contribute to the personal growth and development of the youth, ultimately fostering a more positive and productive future for them.


Official website here: www.bagsfoundationct.com

Who is the CEO of Bags Foundation Ct Inc?

Nakia Reddick Reddick is the Executive Director of Bags Foundation Ct Inc.


Official website here: www.bagsfoundationct.com

What is the revenue of Bags Foundation Ct Inc?

Bags Foundation Ct Inc's revenue in 2022 was $1,209,126.


Official website here: www.bagsfoundationct.com

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

The average compensation at Bags Foundation Ct Inc during 2022 was $16,177. There are 46 employees at Bags Foundation Ct Inc.


Here are 6 key members and their salaries:


Nakia Reddick (Executive Director)
  • Compensation: $71,900
  • Related: $0
  • Other: $0
Brittany Wilkes (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Searless (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bannon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Dibattista (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Lopez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bagsfoundationct.com

Where can I find the form 990 for Bags Foundation Ct Inc?

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


Official website here: www.bagsfoundationct.com

Learn more at the official website: www.bagsfoundationct.com

Mission Statement of Bags Foundation Ct Inc

Bags Foundation Ct Inc, a nonprofit organization, is committed to supporting the afterschool programs and summer activities of low-income inner city youth. Their mission is to provide the necessary resources and assistance to ensure these programs are successful and beneficial for the youth in question. By operating these programs, the foundation aims to contribute positively to the lives of these young individuals, helping them navigate their formative years with the necessary support and guidance. This mission is instrumental in providing a safe and enriching environment for inner city youth, fostering their personal growth and development.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Bags Foundation Ct Inc's impact can be seen in the positive support it provides for after school programs and summer programs for low-income inner city youth in Waterbury, CT. Through its dedicated efforts, the organization is making a meaningful difference in the lives of young individuals in need. By offering these programs, Bags Foundation Ct Inc is contributing to the development and growth of youth in the community, ultimately helping to create a brighter future for them.




This information is meant to be a general summary of Bags Foundation Ct 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
$1,209,126 (2022)
20152016201720182019202020212022$0$350k$700k$1.05M$1.4M
Expenses
$1,170,171 (2022)
20152016201720182019202020212022$0$300k$600k$900k$1.2M
Efficiency
201520162017201820192020202120220%15%30%45%67%

Other financial information:

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

  • Program Service Revenue: $192,089
  • Gross Receipts: $1,209,126

Assets and Liabilities:

  • Total Assets: $137,983
  • Total Liabilities: $110,624
  • Net Assets: $27,359

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

YOUTH PROGRAM REVENUE

Revenue

$192,089

Organization Details

Founding Year

2014

Principal Officer

Nakia Reddick Reddick

Main Address

541 WOLCOTT STREET, Waterbury, CT, 06705

NTEE Category

Code: O50 - Youth development

If you are a representative of Bags Foundation Ct Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.