Overview
What is Cherilyn Brown Charitable Trustinc?
Cherilyn Brown Charitable Trustinc is a nonprofit organization with a focus on supporting worthy causes, particularly those benefiting children and domestic pets. Established to carry forward Cherilyn Brown's charitable interests, the organization provides financial aid and resources to various initiatives that align with her values. The Trust is organized for charitable, religious, educational, and scientific purposes, often supporting organizations recognized as exempt under section 501(c)(3) of the Internal Revenue Code or its corresponding section in future tax codes. Based in Fort Lauderdale, Florida, the Trust operates with the mission of aiding causes championed by Cherilyn Brown during her lifetime.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.
The Cherilyn Brown Charitable Trustinc has received a low score of 40%, leading to a Zero-Star rating, which indicates significant concerns regarding its accountability and financial practices. This score is based entirely on a single beacon for Accountability & Finance, highlighting potential issues in its financial management.
While the organization has strengths, such as a fully independent board and no material diversion of assets, it falls short in critical areas like having a whistleblower policy and proper document retention practices. The absence of these policies raises questions about the organization's transparency and governance.
Additionally, the financial metrics are troubling, particularly the program expense ratio, which stands at 0.00%. This suggests that the charity is not allocating funds towards its stated programs, which is a significant limitation for potential donors who seek to support effective and mission-driven organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Cherilyn Brown Charitable Trustinc legitimate?
Cherilyn Brown Charitable Trustinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherilyn Brown Charitable Trustinc 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
What is the mission statement of Cherilyn Brown Charitable Trustinc?
The Cherilyn Brown Charitable Trust's mission is centered around providing financial and material support to causes that were close to Cherilyn Brown during her lifetime. There is a specific focus on worthy initiatives that benefit children and domestic pets. The organization operates for charitable, religious, educational, and scientific purposes, and it often distributes funds to organizations that fall under the category of exempt organizations described under Section 501(C)(3) of the Internal Revenue Code or its corresponding section in any future federal tax code.
Who is the CEO of Cherilyn Brown Charitable Trustinc?
Gary N Brown is the President of Cherilyn Brown Charitable Trustinc.
What is the revenue of Cherilyn Brown Charitable Trustinc?
Cherilyn Brown Charitable Trustinc's revenue in 2022 was $25.
Who are the executives of Cherilyn Brown Charitable Trustinc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cherilyn Brown Charitable Trustinc?
Cherilyn Brown Charitable Trustinc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cherilyn Brown Charitable Trustinc
The Cherilyn Brown Charitable Trustinc is committed to supporting causes that Cherilyn Brown advocated for during her lifetime. With a significant focus on charitable, religious, educational, and scientific purposes, the organization aims to distribute funds and materials to worthy causes that primarily benefit children and domestic pets. The mission of Cherilyn Brown Charitable Trustinc is organized for these purposes and is in line with Section 501(c)(3) of the Internal Revenue Code or its corresponding section in any future federal tax code, making it an exempt organization. The trust is dedicated to making distributions to organizations that fit this description, working towards bettering the lives of children and domestic pets through financial and material support.
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Impact
October, 2024
Cherilyn Brown Charitable Trustinc makes a significant impact by providing essential funding and materials to causes that Cherilyn Brown passionately supported during her lifetime. The trust directs resources towards worthy initiatives focused on the welfare of children and domestic pets, addressing pressing needs in these communities. By concentrating on charities that benefit these vulnerable groups, the trust helps enhance the quality of life for countless individuals and animals. Its commitment to education, health, and well-being underscores a dedication to creating a brighter future and fostering kindness within society. Through its initiatives, the trust not only honors Cherilyn Brown’s legacy but also actively contributes to meaningful social change in Fort Lauderdale, FL, and beyond.
This information is meant to be a general summary of Cherilyn Brown Charitable Trustinc. 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.
- Gross Receipts: $25
Assets and Liabilities:
- Total Assets: $11,057
- Total Liabilities: $675
- Net Assets: $10,382
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Organization Details
Founding Year
2015
Phone
(954) 632-1819Principal Officer
Gary N Brown
Main Address
2830 W STATE ROAD 84 SUITE 112, FORT LAUDERDALE, FL, 33312
NTEE Category
Code: T30 - Philanthropy
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