Overview
What is Corazones Con Esperanza Foundation?
The Corazones Con Esperanza Foundation, based in Los Angeles, California, is a nonprofit organization dedicated to extending medical care and essential provisions to children suffering from congenital heart disease. This foundation focuses on assisting Latin American families, providing them with the necessary resources to support their children's health. By offering medical care and essentials, the Corazones Con Esperanza Foundation is making a significant impact on the lives of these families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Corazones Con Esperanza Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various operational aspects. While the organization demonstrates strong financial health with a program expense ratio of 98.03% and zero liabilities, it lacks critical governance practices. The foundation has scored well on the independent board composition and transparency of board meeting minutes, reflecting some commendable governance elements.
However, there are notable limitations in the foundation’s accountability measures. The organization does not have a conflict of interest policy, whistleblower policy, or documentation retention policy in place. Additionally, its website is not listed on its tax form, raising concerns about accessibility and transparency for stakeholders.
The foundation must address these governance issues to enhance its credibility and operational effectiveness. Completing these elements would likely improve its rating and allow it to better serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Corazones Con Esperanza Foundation legitimate?
Corazones Con Esperanza Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corazones Con Esperanza Foundation 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:
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What is the mission statement of Corazones Con Esperanza Foundation?
The Corazones Con Esperanza Foundation is dedicated to extending access to essential medical care and necessary resources to families in Latin America whose children are afflicted with congenital heart disease. The organization's mission is to bridge the gap in healthcare services for these children, ensuring they receive the necessary care to improve their quality of life. By providing medical care and other necessary resources, the foundation aims to support and empower affected families throughout their journey. The foundation's activities involve collaborating with healthcare providers and organizations to offer comprehensive care and support to these children and their families.
What is the revenue of Corazones Con Esperanza Foundation?
Corazones Con Esperanza Foundation's revenue in 2023 was $7,032.
Who are the executives of Corazones Con Esperanza Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Corazones Con Esperanza Foundation?
Corazones Con Esperanza Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Corazones Con Esperanza Foundation
Corazones Con Esperanza Foundation is committed to extending a helping hand to Latin American families, specifically focusing on providing them with essential medical care and necessities for their children who are afflicted with congenital heart disease. The organization's mission is geared towards ensuring that these families have the necessary resources to support their children during their challenging health journeys. By offering medical care and other essential needs, Corazones Con Esperanza Foundation strives to positively impact the lives of these families, providing them with hope and support during a difficult time.
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Impact
October, 2024
Corazones Con Esperanza Foundation significantly impacts Latin American families by ensuring access to vital medical care and resources for children with congenital heart disease. Based in Los Angeles, the foundation addresses the critical healthcare gap faced by these families, facilitating essential medical treatments and support services. By providing comprehensive care and addressing other necessities, the foundation plays a crucial role in improving the health outcomes and quality of life for affected children, fostering hope and positive change within their communities.
This information is meant to be a general summary of Corazones Con Esperanza Foundation. 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.
- Gross Receipts: $7,032
Assets and Liabilities:
- Total Assets: $48,358
- Total Liabilities: $0
- Net Assets: $48,358
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Organization Details
Founding Year
2003
Principal Officer
Juan Alejos Md
NTEE Category
Code: Q33 - International
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