Overview
What is Caritas Project Inc?
Caritas Project Inc is a nonprofit organization situated in Deerfield Beach, Florida, spearheaded by Wayne Ruga. Primarily focusing on adult continuing education, the organization reported a revenue of $52,470 in the previous year. Although specific details about its mission and activities are not provided, the information indicates that Caritas Project is dedicated to providing educational opportunities for adults.
Official website here: www.thecaritasproject.info
What are the reviews and ratings of this charity?
Charity Navigator Rating: 26%, Zero-Star out of Four Star rating.
Caritas Project Inc has received a low score due to significant shortcomings in its accountability and financial practices. While the organization has achieved full points for having majority independent board members and for documenting board meeting minutes, it has failed to meet expectations in several critical areas, such as independent board size and financial management practices.
Notably, the organization scored zero points on its conflict of interest and whistleblower policies, which are essential for maintaining transparency and ethical governance. Additionally, the liabilities to assets ratio and program expense ratio received zero points, indicating potential financial instability and a lack of focus on programmatic spending. Overall, the low rating reflects serious concerns regarding the nonprofit's governance and fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Caritas Project Inc legitimate?
Caritas Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caritas Project 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.thecaritasproject.info
What is the mission statement of Caritas Project Inc?
Caritas Project Inc, an adult continuing education organization, focuses on its vision statement (details unavailable). Operating in the realm of lifelong learning, the organization strives to contribute to personal growth and development through its educational offerings. With a reported annual revenue of $52,470, Caritas Project Inc continues to serve its community, although the specifics of its mission are not explicitly provided in the information provided.
Official website here: www.thecaritasproject.info
What is the revenue of Caritas Project Inc?
Caritas Project Inc's revenue in 2023 was $45,510.
Official website here: www.thecaritasproject.info
Who are the executives of Caritas Project Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thecaritasproject.info
Where can I find the form 990 for Caritas Project Inc?
Caritas Project Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thecaritasproject.info
Learn more at the official website: www.thecaritasproject.info
Mission Statement of Caritas Project Inc
Caritas Project, an adult-focused continuing education organization, is driven by its mission to provide educational opportunities for individuals beyond traditional schooling. Led by Wayne Ruga, this nonprofit organization has a commitment to fostering lifelong learning and personal growth among its participants. While the specific details of its vision statement are not provided, it can be inferred that Caritas Project seeks to empower adults through education, cultivating a sense of self-improvement and community engagement. With a reported annual revenue of $52,470, Caritas Project demonstrates a strong commitment to its mission, providing a valuable resource for individuals seeking to expand their knowledge and skills.
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Impact
August, 2024
Caritas Project Inc is an adult, continuing education organization based in Deerfield Beach, FL. Led by Wayne Ruga, it had total revenues of $52,470 last year. Caritas Project's mission is to provide educational opportunities for adults seeking to enhance their knowledge and skills. Through its programs and initiatives, Caritas Project aims to empower individuals to reach their full potential and contribute positively to their communities and society as a whole.
This information is meant to be a general summary of Caritas Project 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 2023.
- Program Service Revenue: $32,300
- Gross Receipts: $45,510
Assets and Liabilities:
- Total Assets: $105,290
- Total Liabilities: $1,100
- Net Assets: $104,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$32,300
Organization Details
Founding Year
2001
Principal Officer
Wayne Ruga
Website
www.thecaritasproject.infoNTEE Category
Code: B60 - Education
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