Overview
What is Choanoke Area Development Assoc?
Choanoke Area Development Assoc is a nonprofit organization situated in Rich Square, North Carolina. With a workforce of 194 individuals, their primary mission is to provide assistance to low-income individuals and families. Their most notable program is the Head Start Program, which aims to cater to economically disadvantaged preschool children by offering comprehensive health, education, nutrition, social, and other essential services. This nonprofit organization plays a crucial role in helping these children and their families navigate through challenging circumstances, ensuring they receive the necessary support to thrive.
Official website here: www.nc-cada.org
What are the reviews and ratings of this charity?
Charity Navigator gives the Choanoke Area Development Association an 81% rating, reflecting a solid Three-Star out of Four Stars designation. This score is primarily based on their Accountability & Finance metrics, indicating that the organization demonstrates good transparency and ethical management of its financial resources. The absence of any material diversion of assets and their comprehensive conflict of interest, whistleblower, and document retention policies further strengthens their accountability framework.
The organization has a robust governance structure with all board members being independent, which plays a critical role in ensuring unbiased decision-making. Their solid program expense ratio of 93.45% suggests that a significant portion of their expenditures directly supports their services, which is a strong positive for potential donors focusing on impact.
However, the organization faces a notable limitation in its financial transparency, as the required tax forms are not posted on their website despite being referenced in their filings. Additionally, their liabilities to assets ratio indicates that they may have a higher level of liabilities compared to their assets, which could raise concerns about financial stability in the long term. Overall, while the Choanoke Area Development Association shows accountability and efficiency in their operations, they should address the noted weaknesses to enhance their overall rating further.
User reviews from GreatNonprofits could not be fetched.
This AI summary has been generated from information found on Charity Navigator.
Is Choanoke Area Development Assoc legitimate?
Choanoke Area Development Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Choanoke Area Development Assoc 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: $316,488
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,981,624
For more financial information, click here
Official website here: www.nc-cada.org
What is the mission statement of Choanoke Area Development Assoc?
The Choanoke Area Development Assoc is committed to aiding low-income individuals and families. Their mission is primarily fulfilled through the Head Start Program, which serves economically disadvantaged preschool children. This program offers comprehensive support, encompassing health, education, nutrition, social, and various other essential services. The objective is to equip these children with a solid foundation, ensuring they start their academic journey on an even footing.
Official website here: www.nc-cada.org
Who is the CEO of Choanoke Area Development Assoc?
Catherine Moody is the President of Choanoke Area Development Assoc.
Official website here: www.nc-cada.org
What is the revenue of Choanoke Area Development Assoc?
Choanoke Area Development Assoc's revenue in 2022 was $10,029,317.
Official website here: www.nc-cada.org
Who are the executives of Choanoke Area Development Assoc and what are their salaries?
The average compensation at Choanoke Area Development Assoc during 2022 was $22,155. There are 194 employees and 28 volunteers at Choanoke Area Development Assoc.
Here are 29 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $66,422
- Related: $0
- Other: $0
Official website here: www.nc-cada.org
Where can I find the form 990 for Choanoke Area Development Assoc?
Choanoke Area Development Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nc-cada.org
Learn more at the official website: www.nc-cada.org
Mission Statement of Choanoke Area Development Assoc
Choanoke Area Development Assoc, a nonprofit organization, is committed to aiding low-income individuals and families. At the heart of its mission, Choanoke Area Development Assoc operates the Head Start Program. This program is designed to cater to economically disadvantaged preschool children, offering them a comprehensive range of services. These services include health care, education, nutrition, social support, and various other resources, all aimed at providing a well-rounded developmental experience. By doing so, Choanoke Area Development Assoc strives to empower these young children, setting them on a path towards a brighter future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Choanoke Area Development Assoc's impact lies in its provision of assistance to low-income individuals and families in Rich Square, North Carolina. Through its Head Start program, the organization serves economically disadvantaged preschool children by offering comprehensive health, education, nutrition, social, and other services. This critical support helps uplift vulnerable families and children, providing them with essential resources to thrive despite economic challenges.
This information is meant to be a general summary of Choanoke Area Development Assoc. 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: $39
- Program Service Revenue: $80,820
- Gross Receipts: $10,029,317
Assets and Liabilities:
- Total Assets: $3,058,775
- Total Liabilities: $2,115,996
- Net Assets: $942,779
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTAL INCOME
Revenue
$80,820
Organization Details
Founding Year
1962
Phone
(252) 539-4155Principal Officer
Catherine Moody
Main Address
PO BOX 530, RICH SQUARE, NC, 27869
Website
www.nc-cada.orgNTEE Category
Code: L21Z - Housing
If you are a representative of Choanoke Area Development Assoc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.