Overview
What is Matamoros Children's Home Inc?
Matamoros Children's Home Inc is a nonprofit organization situated in Arlington, Texas. The organization has been granted the use of its real estate by the Mexican government and serves as a sanctuary for around 100 children. Their primary mission involves providing both care and education to these children, aiming to foster their overall development. This nonprofit institution plays a crucial role in contributing to the well-being and upbringing of these young individuals.
Official website here: www.matamoroschildrenshome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
Matamoros Children's Home Inc has received a Two-Star rating from Charity Navigator, indicating that there are several areas requiring enhancement. The organization's overall score of 69% suggests a need for improvement in accountability and finance, particularly in transparency practices. While the organization has a fully independent board, it struggles with financial statement transparency, which is crucial for donor trust.
Strengths of Matamoros Children's Home include a strong financial health ratio, with a solid program expense ratio, indicating that a significant portion of funds is directed towards the mission. Additionally, the organization has successfully maintained a conflict of interest policy and has robust governance through having all board members independent. However, critical policies like whistleblower and document retention are lacking, which could compromise the organization's governance practices.
Limitations are evident in the financial transparency metrics, as the organization scored zero on several important aspects, such as posting financial documents on its website. These findings suggest that while the organization may be effective in its programming, improving financial reporting and governance policies will be essential to bolstering credibility and donor confidence in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Matamoros Children's Home Inc legitimate?
Matamoros Children's Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matamoros Children's Home 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: $184,100
For more financial information, click here
Official website here: www.matamoroschildrenshome.org
What is the mission statement of Matamoros Children's Home Inc?
Matamoros Children's Home Inc is dedicated to providing care and education for approximately 100 children. The organization's primary focus is on nurturing and educating these children, ensuring they receive the necessary support and development. The facility, located in an unspecified location, was generously donated the use of real property by the Mexican government, enabling it to carry out its mission effectively. Matamoros Children's Home Inc does not publicly disclose a formal mission statement, but its activities clearly demonstrate a commitment to the well-being and education of the children under its care.
Official website here: www.matamoroschildrenshome.org
Who is the CEO of Matamoros Children's Home Inc?
Russell Wise is the Secretary/ T of Matamoros Children's Home Inc.
Official website here: www.matamoroschildrenshome.org
What is the revenue of Matamoros Children's Home Inc?
Matamoros Children's Home Inc's revenue in 2022 was $637,813.
Official website here: www.matamoroschildrenshome.org
Who are the executives of Matamoros Children's Home Inc and what are their salaries?
The average compensation at Matamoros Children's Home Inc during 2022 was $92,050. There are 2 employees at Matamoros Children's Home Inc.
Here are 7 key members and their salaries:
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Official website here: www.matamoroschildrenshome.org
Where can I find the form 990 for Matamoros Children's Home Inc?
Matamoros Children's Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.matamoroschildrenshome.org
Learn more at the official website: www.matamoroschildrenshome.org
Mission Statement of Matamoros Children's Home Inc
Matamoros Children's Home, a nonprofit organization, is dedicated to providing care and education to around 100 children. Its mission is centered around nurturing and educating these young individuals, offering them a safe and conducive environment for their growth and development. The organization has received the use of real property for this purpose, a generous donation from the Mexican government. The children at Matamoros Children's Home are provided with a comprehensive support system, ensuring they receive not only basic needs but also the opportunity to learn and grow. The organization's commitment to these children is evident in its mission to offer them a nurturing and enriching environment, fostering their overall well-being.
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Impact
July, 2024
Matamoros Children's Home Inc's impact lies in providing essential care and education to approximately 100 children in Arlington, TX. By offering a supportive environment and educational opportunities, the organization contributes to the well-being and development of these children. Additionally, being tagged as "International" indicates that their impact extends beyond local boundaries, potentially reaching children from diverse backgrounds and fostering a sense of global community.
This information is meant to be a general summary of Matamoros Children's Home 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.
- Investment Income: $6,102
- Gross Receipts: $649,107
Assets and Liabilities:
- Total Assets: $573,925
- Total Liabilities: $0
- Net Assets: $573,925
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Organization Details
Founding Year
1993
Phone
(817) 460-3143Principal Officer
Russell Wise
Main Address
4720 LAKE PARK DRIVE, ARLINGTON, TX, 76016
NTEE Category
Code: Q330 - International
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