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Caridad Inc

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

EIN: 472578332 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Caridad Inc?

Caridad Inc is a nonprofit organization situated in the downtown area of Las Vegas. Their primary mission is to combat homelessness within the local community. Through their street-based outreach program, they aim to reduce the number of unsheltered individuals and offer essential support services. The focus of their engagement is to extend customer service and assistance to those currently experiencing homelessness. Their efforts are geared towards making a tangible impact on this pressing social issue.


Official website here: www.caridadcharity.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Overall Score: 62%, Two-Star out of Four Star rating.

Caridad Inc has received a two-star rating, indicating areas that require significant improvement, particularly in financial transparency. While the organization boasts a fully independent board and adheres to conflict of interest and whistleblower policies, it struggles with financial reporting, scoring zero on several key financial metrics. This raises concerns about accountability and the effective management of resources.

The organization does show strength in its program expense ratio, allocating 100% of its expenses towards its programs, which is commendable. However, the low scores in financial statements and the liabilities to assets ratio highlight a lack of clarity regarding the organization's financial health. Stakeholders may want to review the organization’s financial practices more closely to ensure long-term sustainability and trustworthiness.


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

Is Caridad Inc legitimate?

Caridad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caridad 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: $67,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,941

For more financial information, click here


Official website here: www.caridadcharity.com

What is the mission statement of Caridad Inc?

Caridad Inc, through its street-based homeless outreach program, aims to decrease the local unsheltered homeless population. The primary objective of this initiative is to offer assistance and support to individuals facing homelessness, delivering a customer service-oriented approach. The organization's focus is on engaging with those in need, providing them with the necessary aid and resources to improve their situation.


Official website here: www.caridadcharity.com

Who is the CEO of Caridad Inc?

Merideth Spriggs is the Ed & Directo of Caridad Inc.


Official website here: www.caridadcharity.com

What is the revenue of Caridad Inc?

Caridad Inc's revenue in 2022 was $1,300,829.


Official website here: www.caridadcharity.com

Who are the executives of Caridad Inc and what are their salaries?

The average compensation at Caridad Inc during 2022 was $9,564. There are 40 employees and 50 volunteers at Caridad Inc.


Here are 7 key members and their salaries:


Merideth Spriggs (Ed & Directo)
  • Compensation: $60,000
  • Related: $0
  • Other: $7,628
Rachel Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Carpenter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Jacobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Malone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Pucci Sosa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.caridadcharity.com

Where can I find the form 990 for Caridad Inc?

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


Official website here: www.caridadcharity.com

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

Mission Statement of Caridad Inc

Caridad Inc, a nonprofit organization, is dedicated to addressing homelessness in a proactive manner. Their mission is centered around conducting street-based outreach in urban areas, with a particular focus on the downtown sector of Las Vegas. The primary goal of their efforts is to decrease the local population of unsheltered individuals experiencing homelessness. Caridad Inc approaches this mission by providing essential customer service and support to those in need, aiming to improve their circumstances and ultimately reduce their homelessness.

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Impact




July, 2024

Caridad Inc positively impacts the local unsheltered homeless population in Las Vegas through their street-based homeless outreach activities. By providing customer service and support to those experiencing homelessness in the downtown area, Caridad works towards the goal of reducing the number of unsheltered individuals in the city. Their dedicated efforts help improve the lives of the homeless community and contribute to creating a more compassionate and supportive environment for those in need.




This information is meant to be a general summary of Caridad 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
$1,300,829 (2022)
Expenses
$1,520,676 (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: $1,088,354
  • Gross Receipts: $1,300,829

Assets and Liabilities:

  • Total Assets: $80,168
  • Total Liabilities: $175,988
  • Net Assets: -$95,820

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Programs

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

RENT

Revenue

$1,088,354

Organization Details

Founding Year

2014

Principal Officer

Merideth Spriggs

Main Address

2540 S MARYLAND AVE STE 197, LAS VEGAS, NV, 89109

NTEE Category

Code: P85 - Human services

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