Overview
What is I E C Social Educational & Humanitarian Aid Inc?
I E C Social Educational & Humanitarian Aid Inc is a nonprofit organization, falling under the 501(c)(3) tax-exempt category, dedicated to supporting, nurturing, teaching, mentoring, and aiding individuals in need. They achieve this mission through various means, including public support, private tuition, and scholarships such as Step-Up and McKay. These scholarships are funded by the Florida tax credit scholarship program, enabling the organization to provide educational mentoring and assistance services to students. The nonprofit's activities are geared towards fulfilling its exempt purposes and supporting those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 25%, Zero-Star out of Four Star Rating
I E C Social Educational & Humanitarian Aid Inc has received a low rating of 25%, indicating significant concerns regarding its accountability and financial transparency. The organization lacks independent board members and has not provided required financial statements, which heavily influenced its score. The absence of essential governance policies, such as conflict of interest and whistleblower policies, further underscores potential vulnerabilities in its operational framework.
On a positive note, the organization has a documented retention policy and maintains minutes from board meetings, which reflects some degree of operational diligence. However, these strengths are overshadowed by the lack of independent oversight and transparency in financial reporting. The program expense ratio is notably low, suggesting that a minimal amount of funds is allocated towards its core mission-related activities.
Overall, the significant shortcomings in governance and financial accountability raise questions about the organization's effectiveness and sustainability. Potential donors and supporters should exercise caution and seek further information before engaging with I E C Social Educational & Humanitarian Aid Inc.
This AI summary has been generated from information found on Charity Navigator.
Is I E C Social Educational & Humanitarian Aid Inc legitimate?
I E C Social Educational & Humanitarian Aid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. I E C Social Educational & Humanitarian Aid 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: $128,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,696,159
For more financial information, click here
What is the mission statement of I E C Social Educational & Humanitarian Aid Inc?
I E C Social Educational & Humanitarian Aid Inc is a non-profit organization with a mission to offer support, nurturing, teaching, mentoring, and assistance to individuals in need. They achieve this purpose through public support, private tuition, and scholarships such as Step-Up and McKay, funded by the Florida tax credit scholarship program. The organization's activities are focused on providing educational mentoring and assistance services to students.
Who is the CEO of I E C Social Educational & Humanitarian Aid Inc?
Denise Vega is the Administrator of I E C Social Educational & Humanitarian Aid Inc.
What is the revenue of I E C Social Educational & Humanitarian Aid Inc?
I E C Social Educational & Humanitarian Aid Inc's revenue in 2022 was $3,640,026.
Who are the executives of I E C Social Educational & Humanitarian Aid Inc and what are their salaries?
The average compensation at I E C Social Educational & Humanitarian Aid Inc during 2022 was $26,059. There are 70 employees at I E C Social Educational & Humanitarian Aid Inc.
Here are 4 key members and their salaries:
- Compensation: $83,000
- Related: $12,000
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for I E C Social Educational & Humanitarian Aid Inc?
I E C Social Educational & Humanitarian Aid Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of I E C Social Educational & Humanitarian Aid Inc
I E C Social Educational & Humanitarian Aid Inc is a nonprofit organization dedicated to supporting, nurturing, and mentoring individuals in need. Their mission, as outlined in section 501 (c) (3) of the Internal Revenue Code, is to serve the community by holding itself out for this purpose. The organization aims to achieve its goals through public support, private tuition, and scholarships. Specifically, I E C Social Educational & Humanitarian Aid Inc provides educational mentoring and assisting services to students, utilizing funding sources such as the Florida tax credit scholarship program's Step-Up and McKay scholarships. By offering these resources, the organization seeks to empower and assist individuals who are in need, thereby contributing positively to their community.
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Impact
July, 2024
I E C Social Educational & Humanitarian Aid Inc's impact can be seen through its provision of educational mentoring and assistance services to students in need. By offering support, nurturing, teaching, and mentoring, the organization helps individuals achieve their educational goals and aspirations. Through initiatives such as public support, private tuition, and scholarships like Step-Up and McKay, funded by the Florida tax credit scholarship program, I E C Social Educational & Humanitarian Aid Inc contributes to the betterment of the community by empowering individuals through education.
This information is meant to be a general summary of I E C Social Educational & Humanitarian Aid 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: $9,786
- Program Service Revenue: $254,164
- Gross Receipts: $3,640,026
Assets and Liabilities:
- Total Assets: $5,428,844
- Total Liabilities: $3,145,114
- Net Assets: $2,283,730
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Organization Details
Founding Year
2004
Principal Officer
Denise Vega
Main Address
2500 W OAK RIDGE, ORLANDO, FL, 32809
NTEE Category
Code: B60 - Education
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