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The Charitable Childrens Fund Of America Inc

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

EIN: 571197371 ✦ Havelock, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Charitable Childrens Fund Of America Inc?

The Charitable Children's Fund of America Inc., based in Milton, Florida, is a nonprofit organization dedicated to providing education and welfare relief to American children who have experienced long-term suffering due to a tragedy of national significance. Established in response to the 9/11 attacks and the War on Terrorism, the fund has two main programs: the Twin Towers Orphan Fund and America's Child. The Twin Towers Orphan Fund aims to support children who lost their parents during the 9/11 terrorist attacks, while America's Child assists children whose parents sacrificed their lives fighting the War on Terrorism. The organization has established over 700 Section 529 plans and provides direct support to these beneficiaries. With a small team of two dedicated employees, this nonprofit continues to provide education and relief to these children in need.


Official website here: www.childrensfundofamerica.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Charitable Children's Fund of America Inc has achieved an impressive 97% score, reflecting strong accountability and financial practices. The organization is particularly noted for its independent governance, with 80% of its board members being independent, which contributes positively to its operational transparency and integrity. Additionally, the charity has effectively implemented policies such as conflict of interest, whistleblower protections, and document retention, all of which enhance its credibility.

Financially, the charity demonstrates a robust commitment to its mission, with an outstanding program expense ratio of 95.86%. This indicates that nearly all of its expenditures are directed towards its charitable programs, which is a significant strength for its supporters and stakeholders. Furthermore, the organization maintains a low liabilities-to-assets ratio of 3.62%, suggesting sound financial health and stability.

Overall, the Charitable Children's Fund of America Inc showcases excellent governance and financial responsibility, making it a trustworthy choice for donors. While the data presents a strong positive outlook, it is essential for potential supporters to remain informed about the organization's ongoing efforts and developments to ensure their contributions are making the intended impact.


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

Is The Charitable Childrens Fund Of America Inc legitimate?

The Charitable Childrens Fund Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Charitable Childrens Fund Of America 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: $196,503
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,250

For more financial information, click here


Official website here: www.childrensfundofamerica.org

What is the mission statement of The Charitable Childrens Fund Of America Inc?

The Charitable Children's Fund of America Inc. is dedicated to providing education and welfare relief to American children who have been affected by long-term suffering due to a national tragedy. Among its programs, the organization has established the "Twin Towers Orphan Fund" to assist children whose parents were tragically killed during the 9/11 terrorist attacks and "America's Child" to help children whose parents sacrificed their lives fighting in the war on terrorism. The mission of this fund aims to alleviate the hardships faced by these children, offering them the necessary support to navigate through their challenges.


Official website here: www.childrensfundofamerica.org

What is the revenue of The Charitable Childrens Fund Of America Inc?

The Charitable Childrens Fund Of America Inc's revenue in 2023 was $254,091.


Official website here: www.childrensfundofamerica.org

Who are the executives of The Charitable Childrens Fund Of America Inc and what are their salaries?

The average compensation at The Charitable Childrens Fund Of America Inc during 2023 was $111,876. There are 2 employees at The Charitable Childrens Fund Of America Inc.

Here are 7 key members and their salaries:


Michele Ritter (Executive Director)
  • Compensation: $196,503
  • Related: $0
  • Other: $0
Karlene J Boss (Case Manager)
  • Compensation: $26,250
  • Related: $0
  • Other: $0
Michele Ritter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Byrne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Virginia Pittman-Waller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Williamson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.childrensfundofamerica.org

Where can I find the form 990 for The Charitable Childrens Fund Of America Inc?

The Charitable Childrens Fund Of America Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.childrensfundofamerica.org

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

Mission Statement of The Charitable Childrens Fund Of America Inc

The Charitable Children's Fund of America Inc is dedicated to providing education and welfare relief to American children who have been adversely affected by a national tragedy. Among its programs, the organization has established the Twin Towers Orphan Fund, which aims to support the children who lost their parents in the tragic terrorist attacks on September 11. Additionally, America's Child was founded to assist the children whose parents made the ultimate sacrifice while fighting the war on terrorism. The fund's mission is to alleviate the long-term suffering of these children and help them rebuild their lives.

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Impact




October, 2024

The Charitable Children's Fund of America Inc. significantly impacts the lives of children who have suffered profound losses due to tragedies of national significance. Its programs, notably the "Twin Towers Orphan Fund" and "America's Child," provide essential educational and welfare relief to those affected by the devastating consequences of events such as the 9/11 terrorist attacks and the ongoing War on Terrorism.

Through these initiatives, the organization has established over 700 Section 529 plans, offering higher education assistance to children who have lost parents in these tragic circumstances. This financial support not only alleviates some of the burdens these children face but also empowers them to pursue their educational goals, fostering long-term resilience and hope for a brighter future.

By focusing on both immediate relief and long-term educational support, the Charitable Children's Fund plays a crucial role in helping these children navigate their grief while ensuring they have access to opportunities that can enhance their quality of life and future prospects.




This information is meant to be a general summary of The Charitable Childrens Fund Of America 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
$254,091 (2023)
Expenses
$342,452 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $201,012
  • Gross Receipts: $254,091

Assets and Liabilities:

  • Total Assets: $1,127,292
  • Total Liabilities: $40,846
  • Net Assets: $1,086,446

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Organization Details

Founding Year

2004

Principal Officer

Michele Ritter

NTEE Category

Code: B82 - Education

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