Overview
What is Patronato Benefico Oriental Of The United States?
Patronato Benefico Oriental of the United States is a nonprofit organization situated in Miami, Florida. Its primary mission is rooted in charitable and educational pursuits, with a focus on supporting and educating destitute infants. The organization operates with the objective of establishing a fund specifically designed to aid vulnerable children. According to the provided information, it makes grants to a counterpart organization in La Romana, Dominican Republic, to carry out this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Patronato Benefico Oriental of the United States has achieved a commendable score of 75%, indicating a solid performance in accountability and finance. The organization boasts a fully independent board with no noted conflicts of interest, which enhances its credibility. Additionally, the charity maintains a very favorable liabilities to assets ratio at 0.00%, signaling strong financial health.
The organization excels in its program expense ratio, with an impressive 98.71% of its expenditures allocated directly to its programs. This suggests that a significant portion of donations is effectively utilized for its intended charitable purposes, which is a positive indicator for potential donors. The presence of documented board meeting minutes and a clear policy for conflict of interest further add to the transparency of the organization.
However, while the overall rating reflects strong governance and financial management, the 75% score also suggests there may be areas for improvement. Engaging more in community outreach or expanding program offerings could enhance overall impact and possibly lead to a higher rating in the future. Overall, Patronato Benefico Oriental is a trustworthy organization with a focus on efficient program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Patronato Benefico Oriental Of The United States legitimate?
Patronato Benefico Oriental Of The United States is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patronato Benefico Oriental Of The United States 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.
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What is the mission statement of Patronato Benefico Oriental Of The United States?
The mission of Patronato Benefico Oriental of the United States, as stated, is centered around charitable and educational purposes. Specifically, the organization is dedicated to establishing a fund to aid destitute infants and children. Through grants, they support Patronato Benefico Oriental Inc. in La Romana, Dominican Republic, to provide education and support for these underprivileged children.
Who is the CEO of Patronato Benefico Oriental Of The United States?
Xiomara Menendez is the Director of Patronato Benefico Oriental Of The United States.
What is the revenue of Patronato Benefico Oriental Of The United States?
Patronato Benefico Oriental Of The United States's revenue in 2022 was $1,091,268.
Who are the executives of Patronato Benefico Oriental Of The United States and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Patronato Benefico Oriental Of The United States?
Patronato Benefico Oriental Of The United States's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Patronato Benefico Oriental Of The United States
Patronato Benefico Oriental of the United States is a charitable organization with a focus on literacy and education. Its primary mission is to establish a fund aimed at providing support to destitute infants and children. By investing in these vulnerable individuals, the organization seeks to contribute to their education and overall well-being. Grants are provided to Patronato Benefico Oriental Inc. in La Romana, Dominican Republic, to facilitate these efforts. The organization's work is centered around the belief that education is a fundamental right and a powerful tool for uplifting individuals and communities.
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Impact
July, 2024
The impact of Patronato Benefico Oriental of the United States is focused on supporting and educating destitute infants and children in La Romana, Dominican Republic. Through grants made to Patronato Benefico Oriental Inc., this organization provides crucial assistance to those in need. By establishing a fund to support these vulnerable individuals, Patronato Benefico Oriental of the United States helps improve the lives of children facing challenging circumstances. Their charitable and educational activities make a significant difference in the lives of those they serve.
This information is meant to be a general summary of Patronato Benefico Oriental Of The United States. 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: $73,367
- Gross Receipts: $1,091,268
Assets and Liabilities:
- Total Assets: $4,151,421
- Total Liabilities: $0
- Net Assets: $4,151,421
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Organization Details
Founding Year
1983
Phone
(305) 856-4234Principal Officer
Xiomara Menendez
Main Address
2600 SW 3rd Avenue Ste 500, Miami, FL, 33129
NTEE Category
Code: Z99Z - Unknown
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