Crown Community Development Corp Inc

Crown Community Development Corp Inc

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

EIN: 474249299 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Crown Community Development Corp Inc?

Crown Community Development Corp Inc is a nonprofit organization situated in Indianapolis, Indiana. With a mission to uplift underperforming and economically disadvantaged elementary school students, they offer mentoring and character-building services twice a week during the fall and spring semesters for a duration of 12 weeks. Their workforce comprises six dedicated individuals who contribute to this noble cause. The organization's initiatives aim to positively impact the lives of these students, fostering their personal growth and academic success.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - 67%, Two-Star out of Four Star rating. The rating indicates that Crown Community Development Corp Inc has notable strengths in accountability and financial management, evidenced by a perfect score of 100% in that category. The organization benefits from a majority of independent board members and has shown no material diversion of assets, which reflects positively on its governance and operational integrity.

However, the nonprofit faces significant limitations that contribute to its lower overall rating. The absence of financial statements and key policies, such as a whistleblower policy and document retention policy, has adversely affected its transparency measures. Additionally, the nonprofit does not have its tax form posted on its website, which is a concern for potential donors seeking insight into its financial practices.

Despite its solid program expense ratio of 66.73%, which suggests that a considerable portion of its expenses supports its mission-driven programs, the lack of foundational documentation and transparency tools may hinder public trust. Crown Community Development Corp Inc must address these gaps to improve its standing and ensure accountability to its stakeholders.


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

Is Crown Community Development Corp Inc legitimate?

Crown Community Development Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crown Community Development Corp 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: $75,926
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,269

For more financial information, click here

What is the mission statement of Crown Community Development Corp Inc?

Crown Community Development Corp Inc focuses on providing mentoring and character-building services to low-performing and high-poverty rated elementary school students. They offer this service twice a week during a 12-week period, dividing their efforts into the fall and spring semesters. The organization's goal is to support these students and help them improve both academically and personally. By doing so, they aim to contribute positively to their overall development and future success.

Who is the CEO of Crown Community Development Corp Inc?

Richard A Reynolds is the Ceo of Crown Community Development Corp Inc. The CEO's salary of Crown Community Development Corp Inc is $75,926 and their total compensation is $169,326.

What is the revenue of Crown Community Development Corp Inc?

Crown Community Development Corp Inc's revenue in 2022 was $508,747.

Who are the executives of Crown Community Development Corp Inc and what are their salaries?

The average compensation at Crown Community Development Corp Inc during 2022 was $24,032. There are 6 employees and 23 volunteers at Crown Community Development Corp Inc.


Here are 5 key members and their salaries (Crown Community Development Corp Inc's CEO's salary is $75,926 and their total compensation is $169,326):


Richard Reynolds (Ceo)
  • Compensation: $75,926
  • Related: $93,400
  • Other: $0
Ezell Moore (President Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Cox (Vice President)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Roland Graham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hakeem Bean (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Crown Community Development Corp Inc?

Crown Community Development Corp Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Crown Community Development Corp Inc

Crown Community Development Corp Inc is committed to enhancing the academic and character development of low-performing and economically disadvantaged elementary school students. They accomplish this by providing mentoring services twice a week for a 12-week period, both during the fall and spring semesters. The organization's mission is centered around empowering these students, fostering their growth, and helping them overcome academic challenges. By offering this program, Crown Community Development Corp Inc plays a significant role in supporting these students and contributing to their overall development.

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Impact




July, 2024

Through its mentoring and character-building services for low-performing and high-poverty rated elementary school students in Indianapolis, Crown Community Development Corp Inc is making a tangible impact on the community. By providing these services twice a week for a 12-week period during the fall and spring semesters, the organization is actively working towards improving the lives and opportunities of vulnerable children. This focused effort is not only helping to enhance the academic performance of students but also contributing to their personal growth and development. Overall, Crown Community Development Corp Inc's targeted approach is playing a vital role in uplifting and empowering the next generation in the community.




This information is meant to be a general summary of Crown Community Development Corp 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
$508,747 (2022)
Expenses
$345,763 (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: $42,500
  • Gross Receipts: $508,747

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

METROPOLITIAN SCHOOL DISTRICT OF LAWRENCE TOWNSHIP

Revenue

$42,500

Organization Details

Founding Year

2015

Principal Officer

Richard A Reynolds

Main Address

PO BOX 36601, INDIANAPOLIS, IN, 46236

NTEE Category

Code: S20 - Community improvement

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