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Correctional Alternatives Inc

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

EIN: 621542790 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Correctional Alternatives Inc?

Correctional Alternatives Inc, based in Memphis, Tennessee, serves as a nonprofit organization dedicated to addressing criminal justice issues. Their primary focus lies in the implementation of an alternative punishment program, specifically for nonviolent criminal offenders. With an average caseload exceeding 400 individuals, they strive to provide a different approach to penalties, aiming to foster rehabilitation and reduce recidivism. The organization, with a staff of 16 individuals, operates within the confines of a business center in Memphis.


Official website here: www.correctionalalternatives.org

What are the reviews and ratings of this charity?

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

Correctional Alternatives Inc has received a score of 54%, which indicates significant concerns regarding its accountability and finances. The organization has a notably low percentage of independent board members, with 0% independent members, which raises potential governance issues. While it has a strong audit score, other areas, such as the lack of a conflict of interest policy and missing whistleblower and document retention policies, highlight weaknesses in its operational transparency.

Despite some positive financial indicators, such as a high program expense ratio of 77.33%, the organization faces challenges with its liabilities to assets ratio of 79.94%. This suggests possible financial stability concerns, which may impact its long-term viability. Additionally, the absence of key documents, such as the tax form on its website, further detracts from its accountability.

Overall, while Correctional Alternatives Inc shows dedication to its programs as indicated by its expenses, the structural and governance shortcomings noted in the rating present significant limitations that potential donors should consider.


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

Is Correctional Alternatives Inc legitimate?

Correctional Alternatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Correctional Alternatives 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,664

For more financial information, click here


Official website here: www.correctionalalternatives.org

What is the mission statement of Correctional Alternatives Inc?

Correctional Alternatives Inc is dedicated to implementing an alternative punishment program for nonviolent criminal offenders. Their mission involves creating and executing a program aimed at providing a different form of sentencing for these individuals, serving an average caseload of over 400 offenders. The organization's goal is to provide a more rehabilitative approach to justice, rather than solely focusing on punishment. By implementing this program, Correctional Alternatives Inc aims to contribute to a more just and effective criminal justice system. The primary focus of their work is to provide a second chance to those who have made mistakes, helping them reintegrate into society and reduce the likelihood of reoffending.


Official website here: www.correctionalalternatives.org

Who is the CEO of Correctional Alternatives Inc?

Traci Matthews is the Treasurer of Correctional Alternatives Inc.


Official website here: www.correctionalalternatives.org

What is the revenue of Correctional Alternatives Inc?

Correctional Alternatives Inc's revenue in 2023 was $899,803.


Official website here: www.correctionalalternatives.org

Who are the executives of Correctional Alternatives Inc and what are their salaries?

The average compensation at Correctional Alternatives Inc during 2023 was $21,792. There are 16 employees at Correctional Alternatives Inc.


Here are 2 key members and their salaries:


Colleen Mcallister (Treasurer)
  • Compensation: $0
  • Related: $76,224
  • Other: $0
Traci Mathews (President)
  • Compensation: $0
  • Related: $76,224
  • Other: $0


Official website here: www.correctionalalternatives.org

Where can I find the form 990 for Correctional Alternatives Inc?

Correctional Alternatives Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.correctionalalternatives.org

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

Mission Statement of Correctional Alternatives Inc

Correctional Alternatives Inc is dedicated to implementing an alternative punishment program for nonviolent criminal offenders. This mission is carried out through the development and execution of a specialized program that caters to a substantial caseload of over 400 such individuals. The organization's primary objective is to provide an alternative to traditional incarceration for nonviolent offenders, aiming to promote rehabilitation and reintegration into society. By implementing this program, Correctional Alternatives Inc seeks to contribute to a more just and effective criminal justice system.

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Impact




July, 2024

Correctional Alternatives Inc's impact lies in its implementation of an alternative punishment program for nonviolent criminal offenders in Memphis, Tennessee. This program has successfully provided a viable alternative for over 400 nonviolent criminal offenders, offering them a chance to reform and reintegrate into society. By focusing on nonviolent offenders, the organization helps reduce overcrowding in traditional correctional facilities while also promoting rehabilitation and reducing recidivism rates. Their work directly contributes to the welfare of individuals involved in the criminal justice system and the broader community.




This information is meant to be a general summary of Correctional Alternatives 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
$899,803 (2023)
Expenses
$910,390 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $31,374
  • Gross Receipts: $899,803

Assets and Liabilities:

  • Total Assets: $569,636
  • Total Liabilities: $455,374
  • Net Assets: $114,262

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUPERVISION FEES

Revenue

$31,366

OTHER PROGRAM FEES

Revenue

$8

Organization Details

Founding Year

1993

Principal Officer

Traci Matthews

Main Address

2175 BUSINESS CENTER DR SUITE 7, MEMPHIS, TN, 38134

NTEE Category

Code: P20Z - Human services

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