Overview
What is P E R C Inc?
P E R C Inc is a nonprofit organization based in Palm Bay, Florida, with a focus on collecting charitable donations from U.S. taxpayers. These funds are then distributed to various qualified schools, churches, and community organizations in the Abaco region of the Bahamas. The organization plays a crucial role in supporting these entities, particularly in the aftermath of natural disasters, such as Hurricane Dorian, which caused extensive damage. P E R C Inc operates without paid staff or facilities, ensuring that almost all the donations received are directed towards their intended beneficiaries in the Bahamas. The organization's mission is solely dedicated to qualifying eligible Bahamian charities and community organizations, ensuring that donors' funds are channeled towards their intended purposes.
Official website here: www.percabaco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (33%)
P E R C Inc has received a low rating of 33%, which reflects significant concerns regarding its financial practices and transparency. The charity's performance in the Accountability & Finance category is particularly troubling, as it scored zero points in several crucial areas, including financial statements and program expenses. This suggests a lack of proper financial disclosure and allocation of resources towards its programs.
Despite these concerns, P E R C Inc does show some strengths, such as having a fully independent board, which garnered full points in that category. The charity has also established policies for conflict of interest and documentation of board meeting minutes, demonstrating some level of governance. However, the absence of a whistleblower policy and failure to post tax forms on its website are notable limitations that could impair accountability and public trust.
Overall, the low rating indicates a pressing need for P E R C Inc to enhance its financial transparency and improve its operations to better serve its mission. Without addressing these weaknesses, it may struggle to gain public support and effectively fulfill its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is P E R C Inc legitimate?
P E R C Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. P E R C 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: $0
For more financial information, click here
Official website here: www.percabaco.org
What is the mission statement of P E R C Inc?
PERC Inc., as a charitable organization, receives contributions from U.S. donors and primarily channels these funds to qualified schools, environmental organizations, and other community service groups in the Abaco region of the Bahamas. The organization's primary focus during 2019 and continuing through 2021 has been to aid in the recovery from the extensive damage caused by Hurricane Dorian. PERC Inc. operates without paid staff or facilities, ensuring that nearly all donations are allocated directly to Bahamian charities and community organizations. The organization does not provide segregated program services and does not incur expenses for this purpose. Its sole mission is to qualify eligible Bahamian charities and service organizations as legitimate recipients and then distribute the donated funds in accordance with the donors' guidance.
Official website here: www.percabaco.org
What is the revenue of P E R C Inc?
P E R C Inc's revenue in 2024 was $922,353.
Official website here: www.percabaco.org
Who are the executives of P E R C Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.percabaco.org
Where can I find the form 990 for P E R C Inc?
P E R C Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.percabaco.org
Learn more at the official website: www.percabaco.org
Mission Statement of P E R C Inc
P.E.R.C. Inc., a nonprofit organization, dedicates itself to accepting charitable contributions from U.S. donors. The primary mission of this organization is to redistribute virtually all of these donations to qualified schools, churches, environmental organizations, and other community service organizations situated in the Abaco region of the Bahamas. In 2019 and continuing through 2021, supporting the recovery from the devastating impact of Hurricane Dorian became a significant program focus for P.E.R.C. Inc. This organization operates without paid staff or facilities, ensuring that the majority of the donations it receives are directly channeled to Bahamian charities and community organizations. It does not offer segregated program services, and as a result, does not receive any grants or incur expenses for this purpose. The sole purpose of P.E.R.C. Inc. is to identify and endorse deserving Bahamian charities and service organizations as bona fide entities, subsequently distributing the donated funds according to the donors' guidance.
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Impact
July, 2024
P E R C Inc's impact lies in its ability to facilitate positive change and support within the Abaco region of the Bahamas. By accepting charitable contributions from donors in the U.S. and distributing these funds to qualified schools, environmental organizations, and community service organizations, P E R C Inc plays a vital role in helping these entities thrive. This support is especially crucial in the wake of disasters such as Hurricane Dorian, where P E R C Inc focused on aiding in the recovery efforts. Through its mission of redirecting donations to Bahamian charities and organizations, P E R C Inc effectively channels resources where they are most needed, benefitting the community and contributing to the region's overall welfare.
This information is meant to be a general summary of P E R C 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 2024.
- Gross Receipts: $922,353
Assets and Liabilities:
- Total Assets: $537,327
- Total Liabilities: $0
- Net Assets: $537,327
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Organization Details
Founding Year
1998
Principal Officer
Heema Balram
Website
www.percabaco.orgNTEE Category
Code: P28 - Human services
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