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Jorge Mas Canosa Freedom Foundation

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

EIN: 592122621 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Jorge Mas Canosa Freedom Foundation?

The Jorge Mas Canosa Freedom Foundation is a nonprofit organization, primarily focused on addressing the economic, political, and social challenges faced by the Cuban community. It achieves this goal by collecting and distributing relevant information. Moreover, the organization offers the Mas Family Scholarships as part of its initiatives. The foundation aims to contribute to the better understanding and improvement of the situation in Cuba, thereby advocating for the well-being of its people.


Official website here: www.jorgemascanosa.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: One-Star out of Four Stars (54%)

The Jorge Mas Canosa Freedom Foundation has received a low rating of 54%, which reflects significant concerns in several areas related to accountability and financial management. The organization has a critical lack of independent board members, with 0% independence, and fails to provide essential financial statements, which raises questions about transparency and governance.

Despite these issues, the foundation does exhibit some strengths, particularly in its financial efficiency, as indicated by a high program expense ratio of 80.88%. This suggests that a substantial portion of its expenditures is directed towards its mission-related activities. Furthermore, the organization has a low liabilities-to-assets ratio, indicating a relatively stable financial position.

However, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, alongside the lack of independent board oversight, highlights areas for improvement. The foundation's overall governance and accountability practices appear to require significant enhancement to achieve a higher rating and improve public trust.


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

Is Jorge Mas Canosa Freedom Foundation legitimate?

Jorge Mas Canosa Freedom Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jorge Mas Canosa Freedom Foundation 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: $57,881

For more financial information, click here


Official website here: www.jorgemascanosa.org

What is the mission statement of Jorge Mas Canosa Freedom Foundation?

The Jorge Mas Canosa Freedom Foundation's mission is centered around collecting and sharing information related to the economic, political, and social aspects of the Cuban population. This non-profit organization works towards disseminating this knowledge to contribute to a better understanding of the Cuban people's circumstances. The foundation also offers programs such as the Mas Family Scholarships, furthering its mission to promote education and awareness.


Official website here: www.jorgemascanosa.org

Who is the CEO of Jorge Mas Canosa Freedom Foundation?

Jose R Mas is the Exec. Secretary of Jorge Mas Canosa Freedom Foundation.


Official website here: www.jorgemascanosa.org

What is the revenue of Jorge Mas Canosa Freedom Foundation?

Jorge Mas Canosa Freedom Foundation's revenue in 2022 was $3,274,115.


Official website here: www.jorgemascanosa.org

Who are the executives of Jorge Mas Canosa Freedom Foundation and what are their salaries?

The average compensation at Jorge Mas Canosa Freedom Foundation during 2022 was $28,940. There are 2 employees and 30 volunteers at Jorge Mas Canosa Freedom Foundation.


Here are 4 key members and their salaries:


Irma Mas (Exec. President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan C Mas (Exec. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose R Mas (Exec. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Sanchez-Medina (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jorgemascanosa.org

Where can I find the form 990 for Jorge Mas Canosa Freedom Foundation?

Jorge Mas Canosa Freedom Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jorgemascanosa.org

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

Mission Statement of Jorge Mas Canosa Freedom Foundation

The Jorge Mas Canosa Freedom Foundation is committed to exploring and sharing insights into the economic, political, and social aspects affecting the Cuban population. Its primary objective is to gather and disseminate pertinent information related to these topics. This nonprofit organization is dedicated to making a significant impact in the lives of the Cuban people by fostering a deeper understanding of the challenges they face and promoting dialogue on potential solutions. The foundation supports its mission through initiatives such as the Mas Family Scholarships, which further contribute to its goal of spreading awareness and fostering change.

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Impact




July, 2024

The Jorge Mas Canosa Freedom Foundation has a significant impact on the Cuban community by gathering and disseminating crucial information on economic, political, and social issues affecting the Cuban people. Through programs like the Mas Family Scholarships, the foundation supports the educational advancement of individuals in the community. This proactive approach helps empower Cuban individuals and contributes to the preservation of their culture and heritage. The foundation's work plays a key role in promoting human services and advocating for the Cuban community's well-being.




This information is meant to be a general summary of Jorge Mas Canosa Freedom Foundation. 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
$3,274,115 (2022)
Expenses
$637,387 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $620,862
  • Gross Receipts: $5,199,330

Assets and Liabilities:

  • Total Assets: $13,869,531
  • Total Liabilities: $2,900
  • Net Assets: $13,866,631

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Organization Details

Founding Year

1981

Principal Officer

Jose R Mas

Main Address

2147 SW 8 St, Miami, FL, 33135

NTEE Category

Code: P84Z - Human services

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