Overview
What is Virginia Caribbean American Cultural Association?
The Virginia Caribbean American Cultural Association, located in Norfolk, Virginia, is a nonprofit organization dedicated to promoting and educating about Caribbean culture. They achieve this through cultural arts events, scholarships, and outreach programs, particularly in the realm of homelessness within their local community. The association hosts an educational and festive event spanning over two days in the city of Norfolk, furthering appreciation and understanding of Caribbean heritage.
Official website here: www.vcaca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Virginia Caribbean American Cultural Association has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With an overall score of 53%, the organization shows a need for improvement in key areas such as board independence and the establishment of critical governance policies. Only 33% of the board members are independent, which raises potential conflicts of interest.
Despite some positive aspects, including a good score for material diversion of assets and a solid liabilities to assets ratio, the nonprofit lacks essential policies like those addressing conflicts of interest and whistleblower protections. Additionally, the absence of a publicly available tax form on its website signifies a lack of transparency, which is crucial for donor trust and engagement.
The program expense ratio stands at around 59.77%, indicating that there is room for improvement in how resources are allocated towards its programs. Overall, while the organization has strengths, it faces significant challenges in governance and transparency that could impact donor confidence and its ability to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Caribbean American Cultural Association legitimate?
Virginia Caribbean American Cultural Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Caribbean American Cultural Association 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
Official website here: www.vcaca.org
What is the mission statement of Virginia Caribbean American Cultural Association?
The Virginia Caribbean American Cultural Association is dedicated to promoting cultural arts education, offering scholarships, and providing outreach services to the local community, particularly to those experiencing homelessness. Their mission encompasses educating the public about Caribbean culture, organizing educational events and parades, and extending support to those in need. The association aims to preserve and celebrate the rich heritage of the Caribbean while contributing positively to its local community.
Official website here: www.vcaca.org
What is the revenue of Virginia Caribbean American Cultural Association?
Virginia Caribbean American Cultural Association's revenue in 2023 was $279,204.
Official website here: www.vcaca.org
Who are the executives of Virginia Caribbean American Cultural Association and what are their salaries?
There 20 volunteers at Virginia Caribbean American Cultural Association.
Here are 8 key members and their salaries:
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Official website here: www.vcaca.org
Where can I find the form 990 for Virginia Caribbean American Cultural Association?
Virginia Caribbean American Cultural Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vcaca.org
Learn more at the official website: www.vcaca.org
Mission Statement of Virginia Caribbean American Cultural Association
The Virginia Caribbean American Cultural Association is devoted to promoting cultural arts education, offering scholarships, and providing outreach to the homeless within the local community. Their mission is multifaceted, encompassing three key areas. Firstly, they focus on educating the community about the rich and vibrant Caribbean culture. This is achieved through various events and programs, such as educational workshops and a parade held over a two-day period in the city of Norfolk.
Secondly, the association offers scholarships to individuals within the community. By providing financial aid, they aim to support the academic pursuits of local students, fostering personal growth and development.
Lastly, the Virginia Caribbean American Cultural Association extends its reach to those in need through homeless outreach programs. This commitment to helping the less fortunate is an integral part of their mission, demonstrating their dedication to uplifting the entire community.
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Impact
October, 2024
The Virginia Caribbean American Cultural Association significantly enriches the community by promoting Caribbean culture through a variety of educational initiatives and events. By organizing cultural arts programs and educational events, they raise awareness and appreciation for Caribbean heritage in Norfolk, Virginia.
Additionally, they host a vibrant parade that showcases the diverse traditions, music, and dance of the Caribbean, engaging both local residents and visitors. This annual event not only celebrates the rich cultural tapestry of the region but also fosters community pride and unity.
Their commitment to scholarship programs supports students from Caribbean backgrounds, providing them with opportunities to pursue higher education and contribute positively to society. Moreover, their outreach efforts to assist the homeless reflect a dedication to addressing local social issues, ensuring that the cultural association's impact extends beyond just cultural celebration to tangible community support. Overall, the contributions of the Virginia Caribbean American Cultural Association help to cultivate a deeper understanding and appreciation of Caribbean culture while addressing critical local needs.
This information is meant to be a general summary of Virginia Caribbean American Cultural Association. 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.
- Program Service Revenue: $232,889
- Gross Receipts: $279,204
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.
HOLIDAY GALA
Revenue
$23,211
CARIBFEST
Revenue
$209,678
Organization Details
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