Overview
What is North Gwinnett Cooperative Inc?
North Gwinnett Cooperative Inc, located in Buford, Georgia, is a nonprofit organization with a mission to alleviate critical needs in their community. They provide essential aid to families and individuals, bridging the gaps that hinder their path to self-sufficiency. By offering food and related assistance, North Gwinnett Cooperative Inc plays a vital role in supporting their community, striving to make a positive impact on the lives of those in need. With a team of five dedicated individuals, this organization works tirelessly to uplift their community and help those who require assistance.
Official website here: www.northgwinnettcoop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%
North Gwinnett Cooperative Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With a score of 80%, the organization demonstrates strong management practices, especially notable is their high program expense ratio of 96.91%, which reveals a commitment to directing funds toward their charitable mission. Additionally, the organization maintains an independent board with complete compliance, reflecting good governance practices.
The financial metrics support the organization’s stability, evidenced by a liabilities to assets ratio of 0.00%, which signifies a strong financial footing. Their fundraising efficiency is impressive, with a cost of only $0.02 to raise a dollar. Furthermore, the working capital ratio of 3.06 years suggests the charity is well-positioned to sustain operations and programs over the long term.
However, while the organization scores well in key areas, there is room for improvement in the culture and community score, which stands at 77. This indicates potential areas for growth in community engagement and equity strategies, suggesting that while the organization is financially sound, enhancing its community impact could further strengthen its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is North Gwinnett Cooperative Inc legitimate?
North Gwinnett Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Gwinnett Cooperative 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: $115,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,488
For more financial information, click here
Official website here: www.northgwinnettcoop.org
What is the mission statement of North Gwinnett Cooperative Inc?
The mission of North Gwinnett Cooperative Inc, as stated, is to support their community by addressing critical needs of families and individuals. They aim to bridge these gaps and provide necessary services to help these individuals find a path towards self-sufficiency. Their primary activity involves providing food and related assistance to those in need. By doing so, they contribute significantly to the well-being of their community.
Official website here: www.northgwinnettcoop.org
Who is the CEO of North Gwinnett Cooperative Inc?
Keith Mitchell is the President of North Gwinnett Cooperative Inc.
Official website here: www.northgwinnettcoop.org
What is the revenue of North Gwinnett Cooperative Inc?
North Gwinnett Cooperative Inc's revenue in 2022 was $2,072,181.
Official website here: www.northgwinnettcoop.org
Who are the executives of North Gwinnett Cooperative Inc and what are their salaries?
The average compensation at North Gwinnett Cooperative Inc during 2022 was $62,115. There are 5 employees and 73 volunteers at North Gwinnett Cooperative Inc.
Here are 4 key members and their salaries:
- Compensation: $115,088
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.northgwinnettcoop.org
Where can I find the form 990 for North Gwinnett Cooperative Inc?
North Gwinnett Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northgwinnettcoop.org
Learn more at the official website: www.northgwinnettcoop.org
Mission Statement of North Gwinnett Cooperative Inc
North Gwinnett Cooperative Inc, as a community-focused organization, aims to bridge the gaps for critical needs of families and individuals. Their mission is to provide essential services that aid in finding a path towards self-sufficiency. By offering support within their community, they strive to alleviate hardships and help those in need navigate their way towards independence. This is primarily achieved through the provision of food assistance to individuals who are financially struggling.
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Impact
July, 2024
North Gwinnett Cooperative Inc plays a crucial role in bridging the gaps for critical needs of families and individuals in Buford, GA. By providing food and related assistance to needy individuals, this organization helps pave the way towards self-sufficiency. Their impact is evident in the direct support they offer within the community, ensuring that those facing hardships have access to essential resources for a better quality of life.
This information is meant to be a general summary of North Gwinnett Cooperative 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: $1,248
- Program Service Revenue: $183,586
- Gross Receipts: $2,072,181
Assets and Liabilities:
- Total Assets: $5,322,614
- Total Liabilities: $0
- Net Assets: $5,322,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT STORE
Revenue
$183,586
Organization Details
Founding Year
1995
Phone
(770) 271-9793Principal Officer
Keith Mitchell
Main Address
PO BOX 672, BUFORD, GA, 30518
Website
www.northgwinnettcoop.orgNTEE Category
Code: P60 - Human services
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