Overview
What is Can-Do Kalamazoo?
Can-Do Kalamazoo is a nonprofit organization situated in Kalamazoo, Michigan. Their primary focus is to support diverse entrepreneurs and small business owners within the community. They offer a commercial kitchen for rent by food businesses and others, alongside educational programming and one-on-one guidance. Additionally, they aim to activate inclusive resources and physical space to foster the growth and success of these businesses. With a team of five dedicated individuals, Can-Do Kalamazoo is committed to empowering local enterprises and contributing to the vitality of their community.
Official website here: www.candokalamazoo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Can-Do Kalamazoo has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 96 in the Accountability & Finance category, demonstrating effective financial management and transparency. Additionally, it maintains a solid Program Expense Ratio of 71.90%, indicating that a significant portion of its expenses is directed towards programmatic efforts rather than administrative costs.
The organization's governance structure is robust, with 100% of its board members being independent, which enhances its objectivity and integrity. Furthermore, it has received full marks for its audit processes and conflict of interest policies, indicating a high level of oversight and ethical governance. The presence of a whistleblower policy and documented board meeting minutes further supports its commitment to accountability.
While the Culture & Community score of 83 shows a good standing, it highlights an area for potential improvement. The organization is actively working on implementing equity practices, having reported the adoption of six such strategies, which underscores its commitment to fostering an inclusive environment. Overall, Can-Do Kalamazoo is recognized for its financial health, governance, and dedication to equity, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Can-Do Kalamazoo legitimate?
Can-Do Kalamazoo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Can-Do Kalamazoo 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: $66,536
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,427
For more financial information, click here
Official website here: www.candokalamazoo.org
What is the mission statement of Can-Do Kalamazoo?
Can-Do Kalamazoo's mission is centered around activating inclusive programs, resources, and physical spaces to support the diverse entrepreneurial and small business community. Their primary goal is to provide a conducive environment for these businesses, offering them the necessary tools and guidance to thrive. This is achieved through the maintenance of a commercial kitchen available for rental by small food and other businesses, as well as offering educational business programming and one-on-one guidance to these businesses.
Official website here: www.candokalamazoo.org
What is the revenue of Can-Do Kalamazoo?
Can-Do Kalamazoo's revenue in 2023 was $648,625.
Official website here: www.candokalamazoo.org
Who are the executives of Can-Do Kalamazoo and what are their salaries?
The average compensation at Can-Do Kalamazoo during 2023 was $27,107. There are 9 employees and 75 volunteers at Can-Do Kalamazoo.
Here are 10 key members and their salaries:
- Compensation: $66,536
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- Other: $0
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- Other: $0
Official website here: www.candokalamazoo.org
Where can I find the form 990 for Can-Do Kalamazoo?
Can-Do Kalamazoo's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.candokalamazoo.org
Learn more at the official website: www.candokalamazoo.org
Mission Statement of Can-Do Kalamazoo
Can-Do Kalamazoo, a community-focused organization, is dedicated to activating inclusive programs, resources, and physical space to support diverse entrepreneurs and small business owners. Their mission is to create an environment that fosters growth and inclusivity for these individuals, providing them with the necessary tools and facilities to thrive.
At the heart of Can-Do Kalamazoo's operations is a commercial kitchen, available for rent by small food and other businesses. This resource allows these startups to test their products, cater events, or simply operate their food businesses in a professional setting. Alongside the commercial kitchen, Can-Do Kalamazoo offers business incubation programs. This includes educational programming and one-on-one guidance for small food and other businesses, helping them navigate the challenges of entrepreneurship and grow their operations.
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Impact
July, 2024
Can-Do Kalamazoo has made a significant impact by providing essential resources and support to diverse entrepreneurs and small business owners in Kalamazoo. Through their commercial kitchen rental service, they have enabled small food and other businesses to thrive by providing access to a professional workspace. Moreover, their business incubation programs offer educational programming and personalized guidance, helping entrepreneurs develop their skills and grow their businesses effectively. Can-Do Kalamazoo's commitment to activating inclusive programs and providing physical space for the community's entrepreneurs has been instrumental in fostering economic growth and empowerment in Kalamazoo.
This information is meant to be a general summary of Can-Do Kalamazoo. 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 2023.
- Investment Income: $716
- Program Service Revenue: $72,397
- Gross Receipts: $648,625
Assets and Liabilities:
- Total Assets: $926,985
- Total Liabilities: $62,529
- Net Assets: $864,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES FEES
Revenue
$72,397
Organization Details
Founding Year
2015
Principal Officer
Lucy Dilley
Website
www.candokalamazoo.orgNTEE Category
Code: K35 - Food
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