Overview
What is Preston Center Of Compassion Inc?
Preston Center Of Compassion Inc, located in Bronx, New York, is a nonprofit organization with a mission to address the needs of women, children, and families within the community. They offer a comprehensive range of programs and services, including education, counseling, mentoring, and empowerment. One of their significant initiatives is a seven-week summer day camp program aimed at underprivileged children between the ages of 4 and 13. This program provides social, recreational, and educational support to help these children thrive. With a dedicated workforce of 39 individuals, Preston Center Of Compassion Inc strives to make a positive impact in the lives of those they serve.
Official website here: www.prestoncenterofcompassion.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
Preston Center Of Compassion Inc has received a 84% rating from Charity Navigator, which translates to a Three-Star rating. This score is derived solely from the organization's performance in the Accountability & Finance category, indicating a strong commitment to responsible financial practices. The charity's fiscal responsibility is highlighted by its high scores across various metrics, including a 100% score for having an independent board and a 85.60% program expense ratio, demonstrating that a significant portion of its funding is directed toward its programs.
The organization has also performed well in other areas, such as maintaining an audit of its financial statements and ensuring there are no material diversions of assets. Additionally, the presence of documented board meeting minutes and the posting of its tax form on its website contribute positively to its transparency and accountability. However, it should be noted that the charity lacks certain policies, including a conflict of interest policy and a whistleblower policy, which may affect its overall governance framework.
Overall, while Preston Center Of Compassion Inc shows strong financial health and accountability, its absence of some governance policies indicates potential areas for improvement. This charity demonstrates a commendable focus on program efficiency and transparency, making it a viable option for donors considering support.
This AI summary has been generated from information found on Charity Navigator.
Is Preston Center Of Compassion Inc legitimate?
Preston Center Of Compassion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preston Center Of Compassion 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: $519,153
For more financial information, click here
Official website here: www.prestoncenterofcompassion.org
What is the mission statement of Preston Center Of Compassion Inc?
The Preston Center of Compassion's mission is centered around providing education, counseling, mentoring, and empowerment programs and services to address the needs of women, children, and families. Their activities are tailored to respond to the specific demands of their community in the Bronx. One of their initiatives is a seven-week summer day camp program, which caters to underprivileged children between the ages of 4 and 13, offering them social, recreational, and educational support services.
Official website here: www.prestoncenterofcompassion.org
Who is the CEO of Preston Center Of Compassion Inc?
Michael Fahey is the Board Member of Preston Center Of Compassion Inc.
Official website here: www.prestoncenterofcompassion.org
What is the revenue of Preston Center Of Compassion Inc?
Preston Center Of Compassion Inc's revenue in 2022 was $813,813.
Official website here: www.prestoncenterofcompassion.org
Who are the executives of Preston Center Of Compassion Inc and what are their salaries?
The average compensation at Preston Center Of Compassion Inc during 2022 was $13,312. There are 39 employees and 23 volunteers at Preston Center Of Compassion Inc.
Here are 7 key members and their salaries:
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- Compensation: $75,372
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Official website here: www.prestoncenterofcompassion.org
Where can I find the form 990 for Preston Center Of Compassion Inc?
Preston Center Of Compassion Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prestoncenterofcompassion.org
Learn more at the official website: www.prestoncenterofcompassion.org
Mission Statement of Preston Center Of Compassion Inc
Preston Center of Compassion Inc is dedicated to addressing the needs of women, children, and families in the Bronx. Their mission is twofold: providing education, counseling, mentoring, and empowerment programs and services. This nonprofit organization responds proactively to the varying requirements of its community, striving to uplift and empower its members through a range of initiatives.
One of Preston Center of Compassion Inc's key programs is their summer recreational program. This seven-week summer day camp caters to underprivileged children between the ages of 4 and 13. The program offers a comprehensive approach to support, combining social, recreational, and educational services. By doing so, the organization aims to create a nurturing and enriching environment for the children, fostering their growth and development during their summer break.
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Impact
July, 2024
The impact of Preston Center Of Compassion Inc in the Bronx is significant, as it provides education, counseling, mentoring, and empowerment programs and services tailored to the needs of women, children, and families. One of their key initiatives is the Summer Recreational Program, a seven-week day camp attended by under-served children aged 4 to 13. This program offers social, recreational, and educational support services to help these children thrive. By focusing on holistic development and empowerment, Preston Center Of Compassion Inc plays a crucial role in supporting the community in the Bronx.
This information is meant to be a general summary of Preston Center Of Compassion 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: -$18,666
- Program Service Revenue: $565,136
- Gross Receipts: $858,142
Assets and Liabilities:
- Total Assets: $1,459,289
- Total Liabilities: $331,700
- Net Assets: $1,127,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Summer Recreational Program
Revenue
$420,158
Tutoring
Revenue
$85,845
Counseling Income
Revenue
$59,133
Organization Details
Founding Year
2006
Phone
(718) 892-8977Principal Officer
Michael Fahey
Main Address
2780 Schurz Avenue, Bronx, NY, 10465
NTEE Category
Code: B28 - Education
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