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Cord Inc

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

EIN: 752935702 ✦ Amarillo, TX ✦ Designated as a 501(c)(3)

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Overview

What is Cord Inc?

Cord Inc is a nonprofit organization dedicated to assisting the less fortunate in various ways. Their primary initiatives include a feeding mission for the homeless, reentry programs for ex-offenders, and providing transportation services to those in need. Furthermore, they have a housing project for individuals recovering from divorce or substance abuse issues. This project is specifically designed for the workers involved in the feeding mission. In summary, Cord Inc aims to uplift and support vulnerable populations through these programs and services.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating.

Cord Inc has received commendable recognition for its financial accountability and transparency, reflected in its impressive 94% score from Charity Navigator. This rating is solely derived from its Accountability & Finance beacon, indicating that the organization has a strong emphasis on maintaining high standards in these areas. The charity boasts a fully independent board, with all members contributing to its governance, and it has demonstrated effective management of its resources, with a low liabilities to assets ratio.

The organization has established comprehensive policies, including conflict of interest, whistleblower, and document retention policies, all of which are well-documented and in place. Additionally, Cord Inc has shown a high program expense ratio of 94.52%, signifying that most of its funds are directed towards its mission and programs rather than administrative costs. This is a positive sign for potential donors looking for effective use of their contributions.

While the charity's current data reflects strong operational practices and financial health, it is important for potential supporters to consider the overall impact and outcomes of its programs, as the current rating focuses primarily on financial accountability. Overall, Cord Inc demonstrates a solid foundation of governance and fiscal responsibility, making it a trustworthy organization for charitable contributions.


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

Is Cord Inc legitimate?

Cord Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cord Inc submitted a form 990EZ, 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.

What is the mission statement of Cord Inc?

Cord Inc is committed to serving the less fortunate through various outreach programs. One of their primary initiatives is a feeding mission for the homeless. Apart from this, they offer reentry programs for ex-offenders, providing transportation services to those in need and housing for individuals recovering from divorce and substance abuse. Additionally, they have a housing project for workers involved in the feeding mission. Their mission encompasses providing assistance and opportunities for those who are less fortunate, aiming to improve their living conditions and chances at a better life.

Who is the CEO of Cord Inc?

Jana Goodman is the Secretary of Cord Inc.

What is the revenue of Cord Inc?

Cord Inc's revenue in 2022 was $33,758.

Who are the executives of Cord Inc and what are their salaries?


Here are 7 key members and their salaries:


Rev Casey Dumas (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Craig Lawlis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Revell (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Goodman (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan King (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harley Foster (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Goodman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cord Inc?

Cord Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Cord Inc

Cord Inc, a nonprofit organization, is dedicated to serving the less fortunate in various ways. Its mission encompasses providing participation and outreach programs that cater to diverse needs. One of its key initiatives is a homeless feeding mission, which aims to offer nourishment to those in need. Additionally, Cord Inc runs reentry programs for ex-offenders, aiming to help them reintegrate into society.

Beyond food and reentry programs, Cord Inc also offers transportation services to those facing difficulties in moving around. Recognizing the challenges faced by individuals recovering from divorce, substance abuse, and other life struggles, Cord Inc has established a housing project specifically for these individuals working in its feeding mission. This housing project provides a safe and supportive environment for them to rebuild their lives.

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Impact




August, 2024

Cord Inc's impact is significant in Amarillo, Texas. They provide a range of essential services to the less fortunate, including a homeless feeding mission, reentry programs for ex-offenders, transportation services for those in need, and housing support for workers in the feeding mission. Additionally, they offer housing for individuals recovering from divorce, drugs, and alcohol as well as employment opportunities. Through these programs, Cord Inc is making a positive difference in the lives of individuals in need in the Amarillo community.




This information is meant to be a general summary of Cord 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
$33,758 (2022)
Expenses
$44,534 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $13,928
  • Gross Receipts: $45,404

Assets and Liabilities:

  • Total Assets: $28,364
  • Total Liabilities: $0
  • Net Assets: $28,364

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Organization Details

Principal Officer

Jana Goodman

Main Address

PO BOX 30309, AMARILLO, TX, 791209090

NTEE Category

Code: J30 - Employment

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