Overview
What is Mississippi County Arkansas Economic Opportunity Commission Inc?
Mississippi County Arkansas Economic Opportunity Commission Inc (MCAEOC) is a nonprofit organization based in Mississippi County that empowers disadvantaged individuals in the community. Their mission is to provide essential resources and support to help low-income individuals become self-sufficient and lead dignified lives. Through education, training, and various programs, MCAEOC aims to uplift and empower its members, fostering self-respect and enabling them to reach their full potential.
What are the reviews and ratings of this charity?
Charity Navigator rating: 86%, Three-Star out of Four Star rating.
The Mississippi County Arkansas Economic Opportunity Commission Inc has received a solid Three-Star rating due to its strong performance in accountability and finance, achieving an overall score of 86%. The organization boasts a fully independent board and maintains high standards in financial oversight, evidenced by its perfect scores in various categories such as material diversion of assets and conflict of interest policies.
Strengths of the organization include a high program expense ratio of 95.29%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the lack of loans involving officers and the presence of robust policies for governance contribute to its favorable evaluation.
However, the organization faces challenges in fundraising efficiency, with a score of just $0.002, which may indicate difficulties in generating donations relative to its expenses. The working capital ratio of 0.20 years also suggests potential liquidity concerns that could impact its operational flexibility in the future. Overall, while the nonprofit demonstrates strong accountability, it may need to address its fundraising strategies and financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi County Arkansas Economic Opportunity Commission Inc legitimate?
Mississippi County Arkansas Economic Opportunity Commission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi County Arkansas Economic Opportunity Commission 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: $239,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,968,533
For more financial information, click here
What is the mission statement of Mississippi County Arkansas Economic Opportunity Commission Inc?
The Mississippi County Arkansas Economic Opportunity Commission Inc is dedicated to helping low-income individuals in their journey towards self-sufficiency. They offer essential support, education, and training to empower these individuals and enable them to lead dignified lives. The organization plays a crucial role in breaking the cycle of poverty and fostering self-respect and potential among the disadvantaged community. Through various resources and programs, the MCAEOC aims to equip individuals with the necessary tools and knowledge to improve their living conditions and secure a better future.
Who is the CEO of Mississippi County Arkansas Economic Opportunity Commission Inc?
Pricilla Johnson is the Executive Director of Mississippi County Arkansas Economic Opportunity Commission Inc.
What is the revenue of Mississippi County Arkansas Economic Opportunity Commission Inc?
Mississippi County Arkansas Economic Opportunity Commission Inc's revenue in 2022 was $20,275,154.
Who are the executives of Mississippi County Arkansas Economic Opportunity Commission Inc and what are their salaries?
The average compensation at Mississippi County Arkansas Economic Opportunity Commission Inc during 2022 was $37,797. There are 323 employees and 150 volunteers at Mississippi County Arkansas Economic Opportunity Commission Inc.
Here are 19 key members and their salaries:
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Where can I find the form 990 for Mississippi County Arkansas Economic Opportunity Commission Inc?
Mississippi County Arkansas Economic Opportunity Commission Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mississippi County Arkansas Economic Opportunity Commission Inc
The Mississippi County Arkansas Economic Opportunity Commission Inc, also known as MCAEOC, is a dedicated nonprofit organization that focuses on providing essential support, education, and training to individuals from low-income backgrounds. This committed group's ultimate goal is to help these individuals transform their lives and attain self-sufficiency, enabling them to live with dignity.
In their mission to empower disadvantaged people, the MCAEOC offers a spectrum of resources tailored to the unique needs of its recipients. Through their educational programs, they instill the necessary skills and knowledge to equip individuals with the tools they need to overcome poverty and build a better future. Moreover, the organization's training initiatives aim to instill self-respect and confidence, allowing individuals to unlock their full potential and lead fulfilling lives.
At the heart of the MCAEOC's approach is a deep-rooted commitment to community development. By offering support to those in need, the organization plays a significant role in fostering self-sufficient individuals who contribute positively to their communities. The MCAEOC's dedication to empowering the disadvantaged not only benefits the individuals themselves but also contributes to the overall improvement of society.
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Impact
October, 2024
The Mississippi County Arkansas Economic Opportunity Commission Inc. significantly impacts the local community by empowering low-income individuals through education, training, and resources. By focusing on self-sufficiency, the organization enables disadvantaged individuals to overcome poverty and build lives filled with dignity and respect.
Their efforts create pathways for economic improvement, enhancing the quality of life for many residents in Mississippi County. By equipping individuals with the skills and support needed to achieve their full potential, they foster a sense of community and facilitate lasting change. The focus on education and training not only helps individuals escape the cycle of poverty but also contributes to the overall economic vitality of Blytheville and the surrounding areas.
Through its mission, the Mississippi County Arkansas Economic Opportunity Commission Inc. effectively addresses the challenges faced by low-income individuals, promoting community improvement and creating a brighter future for all.
This information is meant to be a general summary of Mississippi County Arkansas Economic Opportunity Commission 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: $20,275,154
Assets and Liabilities:
- Total Assets: $5,171,762
- Total Liabilities: $1,443,219
- Net Assets: $3,728,543
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Organization Details
Founding Year
1986
Phone
(870) 532-2348Principal Officer
Pricilla Johnson
Main Address
PO Box 1289, Blytheville, AR, 72316
NTEE Category
Code: S31 - Community improvement
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