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Crescent Cities Charities Inc

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

EIN: 521815486 ✦ Oxon hill, MD ✦ Designated as a 501(c)(3)

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Overview

What is Crescent Cities Charities Inc?

Crescent Cities Charities Inc, based in Oxon Hill, Maryland, is a nonprofit organization dedicated to supporting promising students from the Greater Washington Metropolitan Area. They offer scholarships to those demonstrating financial need, scholastic ability, and leadership qualities, aiming to enhance their educational success. Beyond this, the charity also provides grants and programs to deserving charities and community organizations within Prince George's County and its surrounding region. The mission of Crescent Cities Charities Inc is to make a positive impact in the lives of its community members by fostering educational growth and uplifting local organizations.


Official website here: www.cccharities.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Crescent Cities Charities Inc has achieved an impressive 96% rating, which reflects its strong performance in accountability and finance. The organization has a fully independent board, which contributes to its transparency and governance, essential aspects for nonprofit integrity. Their commitment to financial oversight is evident, with no reported material diversion of assets, and a solid liabilities to assets ratio of only 1.93%.

The charity's program expense ratio stands at 86.68%, indicating that a significant portion of its expenses directly supports its programs, which is a positive sign for potential donors looking to understand the impact of their contributions. The presence of key financial policies, such as conflict of interest and whistleblower policies, further enhances the organization's credibility and operational integrity.

Overall, Crescent Cities Charities Inc demonstrates a strong commitment to responsible financial management and accountability, making it a reliable choice for donors interested in nonprofit organizations. However, it is always advisable for potential supporters to conduct their own research to ensure alignment with their philanthropic goals.


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

Is Crescent Cities Charities Inc legitimate?

Crescent Cities Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crescent Cities Charities 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cccharities.org

What is the mission statement of Crescent Cities Charities Inc?

Crescent Cities Charities Inc is dedicated to providing educational assistance to promising students with financial needs. The organization aims to support these students in achieving their educational goals by awarding scholarships based on financial need, scholastic ability, and leadership qualities. Additionally, Crescent Cities Charities Inc extends its efforts by providing grants and programs to deserving charities and community organizations across the region, contributing to the betterment of the community as a whole.


Official website here: www.cccharities.org

Who is the CEO of Crescent Cities Charities Inc?

Steven G Novak is the President of Crescent Cities Charities Inc.


Official website here: www.cccharities.org

What is the revenue of Crescent Cities Charities Inc?

Crescent Cities Charities Inc's revenue in 2022 was $680,149.


Official website here: www.cccharities.org

Who are the executives of Crescent Cities Charities Inc and what are their salaries?

There 18 volunteers at Crescent Cities Charities Inc.


Here are 5 key members and their salaries:


Steven Novak (President)
  • Compensation: $3,600
  • Related: $103,689
  • Other: $0
Paul Baiers Jr (Secretary)
  • Compensation: $63,600
  • Related: $26,000
  • Other: $0
Richard Lawson (Treasurer)
  • Compensation: $16,560
  • Related: $3,000
  • Other: $0
Robert Poe (Chairman)
  • Compensation: $3,600
  • Related: $3,000
  • Other: $0
Joseph Harris (Vice-President)
  • Compensation: $3,600
  • Related: $3,000
  • Other: $0


Official website here: www.cccharities.org

Where can I find the form 990 for Crescent Cities Charities Inc?

Crescent Cities Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cccharities.org

Learn more at the official website: www.cccharities.org

Mission Statement of Crescent Cities Charities Inc

Crescent Cities Charities Inc is a nonprofit organization dedicated to making a difference in the lives of promising students and worthy charities in their community. Their primary mission is to provide educational assistance to students who demonstrate financial need, academic potential, and leadership qualities. By awarding scholarships, the charity aims to enhance the lives of students from the greater Washington metropolitan area, enabling them to achieve educational success.

In addition to supporting students, Crescent Cities Charities Inc also extends its reach to charities and community organizations within their region. They offer grants and programs to these entities, furthering their mission to improve the lives of individuals in need. By providing financial aid and resources, the charity empowers these organizations to carry out their own missions and serve their communities effectively.

In essence, Crescent Cities Charities Inc is a compassionate and proactive nonprofit that recognizes the importance of education and community support. By investing in the future of students and local organizations, they strive to create a positive impact in their community and inspire hope for a brighter future.

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Impact




July, 2024

Crescent Cities Charities Inc is making a significant impact by providing educational assistance to promising students with financial need in the DMV region. Through scholarships, this organization is helping students from the Greater Washington Metropolitan Area achieve educational success by supporting their scholastic ability and leadership qualities. Additionally, Crescent Cities Charities Inc is contributing to the community by awarding grants and programs to worthy charities and community organizations in Prince George's County and surrounding regions. This initiative is not only supporting individual students but also benefiting the community at large, making a positive difference in the lives of many.




This information is meant to be a general summary of Crescent Cities Charities 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
$680,149 (2022)
Expenses
$1,416,781 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $640,711
  • Gross Receipts: $6,187,321

Assets and Liabilities:

  • Total Assets: $8,594,773
  • Total Liabilities: $166,087
  • Net Assets: $8,428,686

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Organization Details

Founding Year

1993

Principal Officer

Steven G Novak

Main Address

6907 OXON HILL ROAD, OXON HILL, MD, 20745

NTEE Category

Code: P81 - Human services

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