Overview
What is Be Ready Community Development Corporation?
Be Ready Community Development Corporation (BRCDC) is a faith-based, multifaceted nonprofit organization situated in Wilmington, Delaware. Their primary mission is to revitalize local communities by offering various services, including housing, education, social services, recreation, and economic development. BRCDC specifically focuses on assisting at-risk youth and their families, primarily in New Castle County and the city of Wilmington. To achieve this, they conduct youth training and activities through their Bloc Academy and after-school programs, aiming to develop future leaders. Furthermore, they collaborate with UrbanPromise to provide summer camps and after-school programming for children in 4th to 8th grade. Overall, BRCDC aims to uplift and empower their community through comprehensive services.
Official website here: www.bereadycdc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Be Ready Community Development Corporation has earned a solid Three-Star rating from Charity Navigator, indicating a reliable level of accountability and transparency. The organization scored well in several key areas, including an impressive 100% independent board composition and a strong financial statement audit. The program expense ratio of 87.69% suggests that a significant majority of funds are allocated directly to programs, which is a positive indicator of effective use of donor resources.
Despite its strengths, there are noted limitations in governance policies as the organization lacks a conflict of interest policy and a whistleblower policy. These missing elements may raise concerns about internal oversight and accountability practices. Nonetheless, the absence of material diversion of assets reflects solid financial management in other areas.
Overall, Be Ready Community Development Corporation demonstrates a commitment to its mission with a robust program expense ratio and strong financial practices, while it has opportunities to enhance its governance framework to further bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Be Ready Community Development Corporation legitimate?
Be Ready Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Be Ready Community Development Corporation 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
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Official website here: www.bereadycdc.org/
What is the mission statement of Be Ready Community Development Corporation?
Be Ready Community Development Corporation (BRCDC) is a faith-based organization dedicated to revitalizing local communities. Their mission involves developing programs and services to enhance the living conditions of at-risk youth and their families. This is achieved through various means, including providing housing, education, social services, recreation, and economic development. BRCDC primarily serves communities in New Castle County and Wilmington, with a focus on offering support and resources to these individuals.
Official website here: www.bereadycdc.org/
Who is the CEO of Be Ready Community Development Corporation?
Margaret Moon is the President of Be Ready Community Development Corporation.
Official website here: www.bereadycdc.org/
What is the revenue of Be Ready Community Development Corporation?
Be Ready Community Development Corporation's revenue in 2022 was $1,430,946.
Official website here: www.bereadycdc.org/
Who are the executives of Be Ready Community Development Corporation and what are their salaries?
There 7 volunteers at Be Ready Community Development Corporation.
Here are 6 key members and their salaries:
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Official website here: www.bereadycdc.org/
Where can I find the form 990 for Be Ready Community Development Corporation?
Be Ready Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bereadycdc.org/
Learn more at the official website: www.bereadycdc.org/
Mission Statement of Be Ready Community Development Corporation
Be Ready Community Development Corporation, often referred to as BRCDC, is a multifaceted community service organization with a faith-based background. The organization's mission is to revitalize local communities by developing and implementing programs and services that cater to various needs. These services encompass housing, education, social services, recreation, and economic development. BRCDC primarily focuses on supporting at-risk youth and their families, primarily in New Castle County and the city of Wilmington. The organization's ultimate goal is to revitalize communities, providing them with the essential resources they need to thrive and improve their living conditions.
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Impact
July, 2024
Be Ready Community Development Corporation's impact is significant in revitalizing local communities by providing essential services such as housing, education, social services, and recreation. The organization particularly focuses on youth services, offering training and activities to build teen leaders through programs like BLOC Academy and after-school programs. Additionally, Be Ready CDC provides a summer camp and after-school programming for children in 4th-8th grades through partnerships with organizations like UrbanPromise's Camp Promise. Overall, the organization's multifaceted approach aims to uplift at-risk youths and their families primarily in New Castle County and the city of Wilmington.
This information is meant to be a general summary of Be Ready Community Development Corporation. 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.
- Investment Income: $4,641
- Program Service Revenue: $7,540
- Gross Receipts: $1,430,946
Assets and Liabilities:
- Total Assets: $4,961,010
- Total Liabilities: $2,459,759
- Net Assets: $2,501,251
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$7,540
Organization Details
Founding Year
1998
Phone
(302) 655-2700Principal Officer
Margaret Moon
Main Address
1411 W 4TH ST, WILMINGTON, DE, 19805
Website
www.bereadycdc.org/NTEE Category
Code: N31 - Recreation
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