Overview
What is Coahoma Opportunities Inc?
Coahoma Opportunities Inc is a distinguished nonprofit organization situated in Clarksdale, Mississippi. With a strong commitment to serving the community, this agency receives funding through the Community Service Block Grant (CSBG). Their primary objective is to assist low-income individuals by providing necessary services, such as aid with rent expenses. Operating with 145 dedicated employees, Coahoma Opportunities Inc stands out as an exemplary non-profit that strives to bridge the gap between available resources and unmet needs. The organization focuses on inspiring and empowering families, encouraging them to acquire the essential skills and knowledge required for self-sufficiency.
What are the reviews and ratings of this charity?
Coahoma Opportunities Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, with an overall score of 94%. This high rating indicates strong accountability and finance practices, showcasing the organization's commitment to transparency and effective management of resources, which is critical for nonprofit organizations. The review highlighted several strengths in governance, including a fully independent board and robust financial oversight mechanisms.
The organization exhibits excellent financial health, with a high program expense ratio of 92.17%, signifying that a significant portion of its funds is directed toward its programs rather than administrative costs. Coahoma Opportunities Inc also demonstrates compliance with ethical standards, reflected in its conflict of interest, whistleblower, and document retention policies. However, no data is available to evaluate its impact, culture, or leadership adaptability, which may limit a complete understanding of its effectiveness beyond financial measures.
Unfortunately, there were no user reviews available from GreatNonprofits to provide additional insights into community sentiment and experiences related to the organization. Overall, while Coahoma Opportunities Inc has clearly established a strong financial foundation and governance structure, further exploration into its program effectiveness and community impact remains necessary for a holistic assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Coahoma Opportunities Inc legitimate?
Coahoma Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coahoma Opportunities 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: $460,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,208,939
For more financial information, click here
What is the mission statement of Coahoma Opportunities Inc?
Coahoma Opportunities Inc, as a non-profit community service agency, is committed to excelling in identifying and connecting resources to address unmet needs. Their mission is to motivate and empower families, encouraging them to gain the necessary skills and knowledge. This organization strives to assist low-income individuals, particularly with rental support and other essential services, through the Community Service Block Grant (CSBG).
Who is the CEO of Coahoma Opportunities Inc?
Edward L Seals is the Board Member of Coahoma Opportunities Inc.
What is the revenue of Coahoma Opportunities Inc?
Coahoma Opportunities Inc's revenue in 2022 was $7,802,535.
Who are the executives of Coahoma Opportunities Inc and what are their salaries?
The average compensation at Coahoma Opportunities Inc during 2022 was $25,303. There are 145 employees and 200 volunteers at Coahoma Opportunities Inc.
Here are 19 key members and their salaries:
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- Compensation: $55,896
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- Other: $11,603
- Compensation: $53,578
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- Other: $11,464
Where can I find the form 990 for Coahoma Opportunities Inc?
Coahoma Opportunities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coahoma Opportunities Inc
Coahoma Opportunities Inc, as a distinguished non-profit community service agency, is committed to excelling in identifying and connecting resources to effectively address unmet needs. The organization's mission is to motivate and empower families, encouraging them to acquire the necessary skills and knowledge to improve their lives. By leveraging its resources, Coahoma Opportunities Inc strives to make a significant impact in the lives of low-income individuals, providing them with essential support to meet their needs, such as assistance with rent. The agency's primary objective is to uplift and empower families, fostering self-sufficiency and a brighter future.
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Impact
July, 2024
Coahoma Opportunities Inc plays a crucial role in the community of Clarksdale, MS by providing essential support to low-income individuals and families. Through programs like the Community Service Block Grant (CSBG), Coahoma Opportunities Inc assists disadvantaged members of the community in accessing important services such as rent assistance and other essential needs. By exemplifying excellence in accessing and connecting resources, this organization empowers families to acquire the skills and knowledge needed to improve their quality of life. Overall, Coahoma Opportunities Inc's impact can be seen in the tangible difference they make in the lives of those facing economic hardship in Clarksdale.
This information is meant to be a general summary of Coahoma Opportunities 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.
- Gross Receipts: $7,802,535
Assets and Liabilities:
- Total Assets: $2,371,829
- Total Liabilities: $982,625
- Net Assets: $1,389,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Family Services
Child Care Services
Organization Details
Founding Year
1965
Phone
(662) 624-4887Principal Officer
Edward L Seals
Main Address
115 Issaquena Avenue PO Box 1445, Clarksdale, MS, 38614
NTEE Category
Code: P20 - Human services
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