C B King Memorial School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 710475448 ✦ Mcgehee, AR ✦ Designated as a 501(c)(3)

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Overview

What is C B King Memorial School Inc?

C.B. King Memorial School Inc. is a nonprofit organization situated in McGehee, Arkansas (ZIP code 71654). With a dedicated workforce of 152 individuals, this organization is committed to providing services for adults and preschool children with developmental disabilities. The primary mission of C.B. King Memorial School Inc. is to offer support and resources tailored to the unique needs of these individuals, aiming to foster their overall growth and development. The organization's activities are centered around this mission, providing essential services that improve the lives of those in its care.

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 2 Stars (Needs Improvement, 71%)**

C B King Memorial School Inc has received a two-star rating from Charity Navigator, indicating a need for improvement primarily in its accountability and finance practices. While the organization has achieved a perfect score for having 100% independent board members and strong program expense ratios, it fell short in critical areas such as financial statement transparency and missing key policies like whistleblower and document retention practices.

The strengths of the organization include a solid commitment to its mission, evidenced by a high program expense ratio of 88.39%. This suggests that a significant portion of their funds are directed toward their programs rather than administrative costs. However, the lack of publicly available financial statements and other essential policies raises concerns about overall transparency and governance.

Unfortunately, user reviews from GreatNonprofits are not available at this time, limiting insight into public sentiment about the organization. Overall, while C B King Memorial School Inc shows potential in program effectiveness, the organization must enhance its accountability practices to improve its rating and build greater trust with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is C B King Memorial School Inc legitimate?

C B King Memorial School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. C B King Memorial School 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: $4,124,702

For more financial information, click here

What is the mission statement of C B King Memorial School Inc?

The mission of C B King Memorial School Inc, as stated, is centered around providing essential services to individuals with developmental disabilities. This encompasses both adults and preschool-aged children. Their objective is to create an environment that fosters their growth and development, aiming to enhance their overall quality of life. The school's activities are primarily focused on delivering these services, although information about the associated costs was provided.

Who is the CEO of C B King Memorial School Inc?

Neil Martin is the Member of C B King Memorial School Inc.

What is the revenue of C B King Memorial School Inc?

C B King Memorial School Inc's revenue in 2023 was $8,560,360.

Who are the executives of C B King Memorial School Inc and what are their salaries?

The average compensation at C B King Memorial School Inc during 2023 was $27,136. There are 152 employees at C B King Memorial School Inc.


Here are 6 key members and their salaries:


Theodore Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Lattimore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ned Mcaffrey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Bratton (Sec/Treasr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Daniels (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Kolb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for C B King Memorial School Inc?

C B King Memorial School Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of C B King Memorial School Inc

C.B. King Memorial School Inc, a nonprofit organization, is committed to providing essential services for individuals with developmental disabilities. Their mission, in simple terms, revolves around offering comprehensive support for both adult and preschool populations who fall under this category. This includes a wide range of educational and developmental programs tailored to meet the unique needs of those individuals. The organization's primary goal is to empower these individuals, enabling them to lead fulfilling lives to the best of their abilities. It's important to note that the cost associated with providing these services is a significant aspect of C.B. King Memorial School Inc's operations, demonstrating their dedication to ensuring quality care for their clients.

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Impact




July, 2024

C B King Memorial School Inc's impact is significant in providing adult and preschool services to developmentally disabled individuals. By offering tailored education and support services, the organization positively impacts the lives of those with developmental disabilities in McGehee, Arkansas. Additionally, C B King Memorial School Inc plays a vital role in addressing the costs associated with providing essential services to this underserved population. Through its mission to provide specialized services, the organization contributes to enhancing the quality of life and opportunities for developmentally disabled individuals in the community.




This information is meant to be a general summary of C B King Memorial School 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.

Revenue
$8,560,360 (2023)
Expenses
$8,402,886 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $65,922
  • Program Service Revenue: $7,433,734
  • Gross Receipts: $8,560,360

Assets and Liabilities:

  • Total Assets: $4,710,898
  • Total Liabilities: $731,600
  • Net Assets: $3,979,298

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$7,433,734

Organization Details

Principal Officer

Neil Martin

Main Address

PO BOX 1051, MCGEHEE, AR, 71654

NTEE Category

Code: B28 - Education

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