Overview
What is Cogic International Prayer & Life Clinic Inc?
Cogic International Prayer & Life Clinic Inc is a nonprofit organization based in Greensboro, North Carolina. Their primary mission is to provide daycare services for 80 children from low and moderate income families. The organization also has a prayer clinic, aimed at promoting courage among Christians in the face of societal anxiety about the approaching new millennium. With a staff of 27 individuals, they strive to make a positive impact in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Cogic International Prayer & Life Clinic Inc has achieved a strong rating of 94%, reflecting its commitment to accountability and financial health. This rating is based solely on its Accountability & Finance score, which is impressive and indicates effective governance and transparency practices within the organization. The charity has demonstrated a high level of independence on its board, with all members being independent, which is crucial for unbiased decision-making.
The organization has a well-established financial structure, as evidenced by its low liabilities to assets ratio of 0.16%, highlighting its financial stability. Additionally, Cogic International Prayer & Life Clinic Inc allocates a significant portion of its budget (74.15%) directly to its programs, underscoring a strong focus on fulfilling its mission rather than administrative costs. The presence of policies regarding conflicts of interest, whistleblower protection, and document retention further supports its operational integrity.
While the information provided paints a favorable picture of Cogic International Prayer & Life Clinic Inc, it is essential for potential donors to consider how this financial health translates into the charity's impact on the community it serves. Overall, the organization appears to be well-managed and committed to responsible fiscal practices.
This AI summary has been generated from information found on Charity Navigator.
Is Cogic International Prayer & Life Clinic Inc legitimate?
Cogic International Prayer & Life Clinic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cogic International Prayer & Life Clinic 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: $86,268
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,482
For more financial information, click here
What is the mission statement of Cogic International Prayer & Life Clinic Inc?
The Cogic International Prayer & Life Clinic Inc's mission is centered around proclaiming God's hope for the world in a society that is increasingly anxious about the approaching new millennium. The clinic aims to foster courage within Christians, encouraging them to confront the anxiety prevalent in society. This mission is carried out through the Prayer Clinic, which is designed to serve individuals seeking to spread hope and confidence in challenging times.
Who is the CEO of Cogic International Prayer & Life Clinic Inc?
Deloris Johnson is the Executive Di of Cogic International Prayer & Life Clinic Inc.
What is the revenue of Cogic International Prayer & Life Clinic Inc?
Cogic International Prayer & Life Clinic Inc's revenue in 2022 was $971,826.
Who are the executives of Cogic International Prayer & Life Clinic Inc and what are their salaries?
The average compensation at Cogic International Prayer & Life Clinic Inc during 2022 was $16,880. There are 27 employees at Cogic International Prayer & Life Clinic Inc.
Here are 6 key members and their salaries:
- Compensation: $86,268
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Cogic International Prayer & Life Clinic Inc?
Cogic International Prayer & Life Clinic Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cogic International Prayer & Life Clinic Inc
Cogic International Prayer & Life Clinic Inc is a nonprofit organization with a mission to inspire courage in Christians as they confront the anxiety prevalent in society, particularly in the face of the approaching new millennium. The clinic aims to spread God's hope for the world, serving as a beacon of reassurance in a society that is increasingly fearful. The mission of Cogic International Prayer & Life Clinic Inc is to encourage Christians to stand firm in their faith, fostering resilience and strength amidst societal apprehensions.
In addition to its mission, Cogic International Prayer & Life Clinic Inc also provides daycare services for 80 children from low and moderate income families. This program is an extension of the organization's commitment to support its community, offering a vital resource for families who may struggle to afford quality childcare. By providing a safe and nurturing environment for these children, the daycare program at Cogic International Prayer & Life Clinic Inc contributes to the overall well-being of the families it serves, allowing them to focus on other aspects of their lives with peace of mind.
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Impact
July, 2024
Cogic International Prayer & Life Clinic Inc's impact lies in providing a sanctuary for individuals seeking to spread God's message of hope and courage in a world gripped by fear and uncertainty. Through their Prayer Clinic, they empower Christians to confront societal anxieties and find strength in their faith. Additionally, the organization offers daycare services to 80 children from low and moderate-income families, providing much-needed support to these communities. By combining spiritual guidance with practical assistance, Cogic International Prayer & Life Clinic Inc is making a meaningful impact on the lives of those they serve.
This information is meant to be a general summary of Cogic International Prayer & Life Clinic 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: $2
- Program Service Revenue: $842,946
- Gross Receipts: $971,826
Assets and Liabilities:
- Total Assets: $461,861
- Total Liabilities: $2,087
- Net Assets: $459,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$842,946
Organization Details
Phone
(336) 272-6604Principal Officer
Deloris Johnson
Main Address
PO BOX 21542, GREENSBORO, NC, 27420
NTEE Category
Code: X20 - Religion related
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