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Caribbean Educators Association Inc

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

EIN: 510578640 ✦ Lake worth, FL ✦ Designated as a 501(c)(3)

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Overview

What is Caribbean Educators Association Inc?

The Caribbean Educators Association Inc, located in Lake Worth, Florida, is a nonprofit organization dedicated to supporting high school seniors in their educational pursuits. They accomplish this by offering scholarships to help alleviate the high cost of college. To be eligible for these scholarships, candidates must meet certain criteria, such as maintaining a certain GPA, obtaining a letter of recommendation, being accepted into a college or university, and demonstrating involvement in their community. The association's mission is to empower future generations by providing financial assistance, thereby expanding their opportunities for higher education.


Official website here: www.caribbeaneducatorsassociation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 19%

The Caribbean Educators Association Inc has received a low score of 19%, which translates to a Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the organization's accountability and finance practices. The absence of independent board members, scoring 0% in that category, raises questions about governance and oversight within the organization.

Furthermore, the organization lacks essential policies such as a conflict of interest policy and a whistleblower policy, both of which scored 0 out of 7 points. While the charity has documented its board meeting minutes and posted its tax forms on its website, the overall financial health is concerning, with a program expense ratio of 0.00%, indicating potential issues in funding its intended programs.

Despite the absence of material diversions of assets and a favorable liabilities to assets ratio of 0.00%, the lack of critical governance policies and independent oversight could hinder transparency and accountability. Prospective donors and stakeholders may want to consider these factors carefully before engaging with the organization.


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

Is Caribbean Educators Association Inc legitimate?

Caribbean Educators Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caribbean Educators Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.caribbeaneducatorsassociation.com

What is the mission statement of Caribbean Educators Association Inc?

The Caribbean Educators Association Inc. is committed to providing scholarships for high school seniors. This initiative aims to alleviate the financial burden associated with college costs. Recipients are selected based on criteria such as academic performance, letters of recommendation, acceptance into a college or university, and community involvement, among other factors. The association's mission is to support the educational aspirations of young individuals, thereby contributing to their future prospects.


Official website here: www.caribbeaneducatorsassociation.com

Who is the CEO of Caribbean Educators Association Inc?

Janice Cover is the President of Caribbean Educators Association Inc.


Official website here: www.caribbeaneducatorsassociation.com

What is the revenue of Caribbean Educators Association Inc?

Caribbean Educators Association Inc's revenue in 2022 was $300.


Official website here: www.caribbeaneducatorsassociation.com

Who are the executives of Caribbean Educators Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Sharon Burton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elsa Lubin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Cover (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.caribbeaneducatorsassociation.com

Where can I find the form 990 for Caribbean Educators Association Inc?

Caribbean Educators Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.caribbeaneducatorsassociation.com

Learn more at the official website: www.caribbeaneducatorsassociation.com

Mission Statement of Caribbean Educators Association Inc

The Caribbean Educators Association, with its purpose clearly stated, is dedicated to providing scholarships for high school seniors. Recognizing the substantial financial burden of pursuing higher education, this nonprofit organization aims to alleviate some of this burden. The scholarship recipients are selected based on various criteria, including their academic performance, as indicated by a good GPA, a letter of recommendation, and their acceptance into a college or university. Moreover, the Association also considers the level of community involvement of the applicants, demonstrating its commitment to recognizing well-rounded individuals who are active contributors to their communities. By offering these scholarships, the Caribbean Educators Association is effectively helping deserving students to meet the high cost of college, thereby empowering them to further their education and pursue their future goals.

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Impact




October, 2024

Caribbean Educators Association Inc significantly impacts the educational landscape by providing essential scholarships to high school seniors, alleviating the financial burden of college tuition. This support opens doors to higher education opportunities for students who meet specific criteria, including academic achievement, community involvement, and acceptance into colleges or universities.

By focusing on these criteria, the association not only financially aids students but also encourages them to excel in their studies and contribute positively to their communities. The scholarships awarded help create a pathway for future generations to pursue their educational goals, fostering a culture of learning and empowerment within the Caribbean community in Lake Worth, Florida, and beyond.

The ripple effect of this support extends further, as educated individuals often return to contribute to their communities, inspire peers, and uplift others. Caribbean Educators Association Inc plays a vital role in transforming lives and building a brighter future through education.




This information is meant to be a general summary of Caribbean Educators Association 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
$300 (2022)
Expenses
$3,624 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $300

Assets and Liabilities:

  • Total Assets: $2,358
  • Total Liabilities: $0
  • Net Assets: $2,358

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Organization Details

Founding Year

2006

Principal Officer

Janice Cover

Main Address

8033 PELICAN HARBOR DRIVE, LAKE WORTH, FL, 33467

NTEE Category

Code: B82 - Education

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