Overview
What is Central Wv Community Action Assoc Inc?
Central Wv Community Action Assoc Inc, located at 106 Frederick St, Clarksburg, WV 26301, is a dedicated nonprofit organization. Their primary mission is to foster economic independence for families by spearheading community initiatives that tackle the underlying causes of poverty. An essential part of their work is the Head Start Program, which focuses on early childhood development for economically disadvantaged preschool children and their families. With a team of 103 employees, they strive to make a significant impact in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating from Charity Navigator.
Central West Virginia Community Action Association Inc. has achieved a strong Four-Star rating, reflecting its high accountability and financial practices. The charity's overall score is based entirely on its impressive accountability and finance metrics, indicating a commitment to transparency and effective management of resources. The organization showcases a well-structured independent board and robust financial oversight, which are critical elements in reinforcing donor trust.
The organization performs exceptionally well in various areas, scoring full points in key categories such as conflict of interest policies, material diversion of assets, and financial statement oversight. With 92.95% of its expenses allocated to programs, it demonstrates a strong commitment to utilizing funds effectively for its mission. The low liabilities to assets ratio further highlights its sound financial health.
While the rating is overwhelmingly positive, it is important for potential donors to consider the impact of their contributions and how they align with the charity's goals. However, the data does not indicate any significant limitations or issues, suggesting that Central West Virginia Community Action Association Inc. is operating at a high standard of accountability and is well-positioned to continue its important work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Central Wv Community Action Assoc Inc legitimate?
Central Wv Community Action Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Wv Community Action Assoc 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: $74,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,181,219
For more financial information, click here
What is the mission statement of Central Wv Community Action Assoc Inc?
Central West Virginia Community Action Association, Inc. is committed to providing pathways towards economic independence for all families. They achieve this by leading community initiatives that aim to address the underlying causes of poverty. The organization's mission is to create opportunities that empower families to break the cycle of poverty and improve their overall living standards. Central West Virginia Community Action Association, Inc. also operates the Head Start Program, which provides early childhood development for economically disadvantaged preschool children and their families, helping to lay a strong foundation for their future.
Who is the CEO of Central Wv Community Action Assoc Inc?
Shannon Cunningham-Snead is the Executive Director of Central Wv Community Action Assoc Inc.
What is the revenue of Central Wv Community Action Assoc Inc?
Central Wv Community Action Assoc Inc's revenue in 2022 was $5,038,327.
Who are the executives of Central Wv Community Action Assoc Inc and what are their salaries?
The average compensation at Central Wv Community Action Assoc Inc during 2022 was $21,904. There are 103 employees and 10 volunteers at Central Wv Community Action Assoc Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Central Wv Community Action Assoc Inc?
Central Wv Community Action Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Wv Community Action Assoc Inc
Central West Virginia Community Action Association, Inc., strives to pave the way towards economic independence for all families. They accomplish this by spearheading community initiatives that tackle the underlying causes of poverty. This nonprofit organization is committed to empowering families, ensuring they have the resources and opportunities needed to uplift themselves and their community.
One of the key initiatives led by Central West Virginia Community Action Association, Inc., is their Head Start Program. This early childhood development program is specifically designed for economically disadvantaged preschool children and their families. The organization recognizes that investing in the future of these young individuals and their families is crucial for breaking the cycle of poverty and promoting sustainable growth. By providing comprehensive support and resources, the Head Start Program aims to lay a strong foundation for these children, setting them up for success in their educational and personal journeys.
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Impact
July, 2024
Central WV Community Action Assoc Inc's impact is profound in providing pathways to economic independence for families in the community. Through initiatives addressing the root causes of poverty, such as the Head Start program offering early childhood development for economically disadvantaged preschool children and their families, this organization plays a vital role in uplifting individuals and empowering families to break the cycle of poverty. Their work directly contributes to community improvement by fostering economic stability and promoting opportunities for all families to thrive.
This information is meant to be a general summary of Central Wv Community Action Assoc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,412
- Program Service Revenue: $151,426
- Gross Receipts: $5,038,327
Assets and Liabilities:
- Total Assets: $1,762,810
- Total Liabilities: $370,601
- Net Assets: $1,392,209
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$151,426
Organization Details
Founding Year
1967
Principal Officer
Shannon Cunningham-Snead
Main Address
106 FREDRICK ST, CLARKSBURG, WV, 26301
NTEE Category
Code: S20 - Community improvement
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