Overview
What is The Caribbean American Association Of?
The Caribbean American Association of, identified as Lake County Inc, is a nonprofit organization situated at 131 Chestnut Street, Clermont, Florida. Its primary mission is to contribute positively to the community and improve the lives of young people. They achieve this goal through various means, including providing scholarships and other educational opportunities. Furthermore, they foster cultural connections with the local community by organizing public events that promote cultural exchanges. Their activities aim to empower young individuals and foster a sense of community engagement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
The Caribbean American Association has received a low rating of 33% from Charity Navigator, primarily due to concerns in its accountability and finance measures. The score reflects significant deficiencies in transparency and adherence to best practices, particularly in missing policies such as conflict of interest and whistleblower protections. While the organization has an independent board and no material diversion of assets, these strengths do not sufficiently compensate for the lack of essential governance practices.
The accountability score indicates that while the board is independent and well-structured, the organization has substantial weaknesses in areas critical to financial oversight and ethical conduct. The ratio of program expenses is notably low at 24.58%, suggesting that a smaller portion of the funds is being spent on programs directly benefiting the community. This raises questions about the organizational effectiveness and the allocation of resources.
Overall, the Caribbean American Association's governance practices require significant improvement to enhance its credibility and operational integrity. While it has some strong structural elements, the absence of key policies and low program expenditure ratio limit its effectiveness and rating as a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is The Caribbean American Association Of legitimate?
The Caribbean American Association Of is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Caribbean American Association Of 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.
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What is the mission statement of The Caribbean American Association Of?
The Caribbean American Association is committed to giving back to the community and improving the lives of young people. They accomplish this through various means, including offering scholarships and other educational opportunities, fostering cultural exchanges with the local community, and hosting public events. The organization's mission is to enhance the community by providing these resources and experiences for young people.
Who is the CEO of The Caribbean American Association Of?
Geneva Hamilton is the President of The Caribbean American Association Of.
What is the revenue of The Caribbean American Association Of?
The Caribbean American Association Of's revenue in 2022 was $51,349.
Who are the executives of The Caribbean American Association Of and what are their salaries?
There 130 volunteers at The Caribbean American Association Of.
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Where can I find the form 990 for The Caribbean American Association Of?
The Caribbean American Association Of's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Caribbean American Association Of
The Caribbean American Association, as a nonprofit organization, is dedicated to making a positive impact on its community and improving the lives of young people. This is achieved through various means, primarily scholarships and other educational opportunities. Furthermore, the association fosters cultural exchanges between the community and the young people it serves, enriching both groups through public events. In essence, the Caribbean American Association is committed to giving back to its community and providing young people with opportunities for growth and enlightenment, as well as bridging cultural gaps through shared experiences.
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Impact
August, 2024
The Caribbean American Association Of has had a significant impact on the community by providing valuable scholarships and educational opportunities to young people. Through cultural exchanges and public events, the organization has enriched the lives of both the recipients of its services and the local community. Their dedication to giving back and enhancing opportunities for the youth is commendable and has made a real difference in Clermont, FL.
This information is meant to be a general summary of The Caribbean American Association Of. 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: $12
- Gross Receipts: $101,007
Assets and Liabilities:
- Total Assets: $102,940
- Total Liabilities: $0
- Net Assets: $102,940
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Organization Details
Founding Year
2006
Principal Officer
Geneva Hamilton
Main Address
131 Chestnut Street, Clermont, FL, 34711
NTEE Category
Code: P19 - Human services
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