Overview
What is Lincoln-Marti Community Agency Inc?
The Lincoln-Marti Community Agency Inc, located in Miami, Florida, is a nonprofit organization with a mission to provide child care services for low-income families in Miami-Dade County. This enables parents to continue working and focuses on delivering high-quality social and educational services to traditionally underserved populations. With a team of 733 employees, their commitment extends beyond child care, aiming to offer comprehensive, top-notch educational opportunities to underprivileged and minority communities.
Official website here: www.lincoln-marti.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating
Lincoln-Marti Community Agency Inc has received a Two-Star rating from Charity Navigator, reflecting an overall score primarily derived from its accountability and finance metrics. The organization showcases strengths in governance, with 100% of its board members being independent. It also maintains solid financial oversight, evidenced by a fully audited financial statement and robust policies for conflict of interest and whistleblower protections.
Despite these positives, the organization faces challenges in its financial health. Notably, it has a high liabilities to assets ratio of 90.63%, indicating potential financial strain. While the program expense ratio is strong at 90.39%, the overall financial picture suggests that the agency might benefit from exploring additional revenue sources or improving its asset management to enhance sustainability.
In summary, while Lincoln-Marti Community Agency Inc demonstrates commendable practices in governance and transparency, its financial viability raises concerns that warrant attention. Stakeholders and potential donors may want to consider these factors when assessing the organization’s capacity to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln-Marti Community Agency Inc legitimate?
Lincoln-Marti Community Agency Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln-Marti Community Agency 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: $13,365,223
For more financial information, click here
Official website here: www.lincoln-marti.com
What is the mission statement of Lincoln-Marti Community Agency Inc?
The Lincoln-Marti Community Agency Inc is dedicated to serving traditionally underserved populations by providing top-tier educational and social services. Their primary focus is on enhancing the educational opportunities for low-income and minority communities. By offering exceptional educational services, they aim to bridge the gap for these communities and empower them with knowledge and skills. Additionally, they provide child care services, allowing parents to work and contribute financially to their families. Overall, their mission is to uplift and support underserved communities through accessible and effective educational programs.
Official website here: www.lincoln-marti.com
Who is the CEO of Lincoln-Marti Community Agency Inc?
Maria Denia Vasallo is the Bookkeeper of Lincoln-Marti Community Agency Inc.
Official website here: www.lincoln-marti.com
What is the revenue of Lincoln-Marti Community Agency Inc?
Lincoln-Marti Community Agency Inc's revenue in 2022 was $41,930,939.
Official website here: www.lincoln-marti.com
Who are the executives of Lincoln-Marti Community Agency Inc and what are their salaries?
The average compensation at Lincoln-Marti Community Agency Inc during 2022 was $18,234. There are 733 employees and 3 volunteers at Lincoln-Marti Community Agency Inc.
Here are 4 key members and their salaries:
- Compensation: $144,470
- 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.lincoln-marti.com
Where can I find the form 990 for Lincoln-Marti Community Agency Inc?
Lincoln-Marti Community Agency Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lincoln-marti.com
Learn more at the official website: www.lincoln-marti.com
Mission Statement of Lincoln-Marti Community Agency Inc
The Lincoln-Marti Community Agency Inc is a nonprofit organization dedicated to delivering top-tier social and educational services to traditionally underserved populations. With a focus on low-income and minority communities, this organization strives to make a significant difference in people's lives.
At the heart of Lincoln-Marti Community Agency Inc's mission lies the provision of high-quality educational services. By doing so, they aim to bridge the gap in access to quality education for those who might otherwise be left behind. Their commitment to this cause is unwavering, and they take pride in empowering communities through knowledge and skill development.
Furthermore, Lincoln-Marti Community Agency Inc extends its reach by offering child care services to families in need. By providing this essential support, they enable parents to pursue employment opportunities, ultimately strengthening their financial situation and improving overall well-being for both parents and children. This community-centered approach to social services is a testament to the organization's dedication to uplifting traditionally underserved populations and fostering self-sufficiency.
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Impact
October, 2024
Lincoln-Marti Community Agency Inc plays a crucial role in enhancing the quality of life for traditionally underserved populations in Miami-Dade County. By providing high-quality educational and social services, the agency addresses the needs of low-income families, particularly through its child care services. This support enables parents to pursue employment and improve their economic situations, which in turn fosters stability and growth within the community.
The agency's focus on delivering accessible, quality education ensures that children from low-income and minority backgrounds have the opportunity to thrive academically and socially. This investment in education not only benefits individual families but also contributes to the overall development of the community, promoting equity and enhancing the social fabric of the region. Through its dedicated efforts, Lincoln-Marti Community Agency Inc is making a lasting impact on the lives of many families, helping them to break cycles of poverty and achieve their full potential.
This information is meant to be a general summary of Lincoln-Marti Community Agency 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: $94,598
- Program Service Revenue: $21,763,273
- Gross Receipts: $42,331,154
Assets and Liabilities:
- Total Assets: $261,218,018
- Total Liabilities: $236,757,856
- Net Assets: $24,460,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION AND OTHER FEES
Revenue
$21,763,273
Organization Details
Founding Year
1990
Phone
(305) 643-4888Principal Officer
Maria Denia Vasallo
Main Address
2700 SW 8th Street, Miami, FL, 33135
Website
www.lincoln-marti.comNTEE Category
Code: B95Z - Education
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