Overview
What is Krug Community Circle Inc?
Krug Community Circle Inc is a nonprofit organization that actively promotes diversity and inclusion by delivering both educational and entertaining programs centered around cultural and ethnic awareness. Their primary mission is to foster an understanding and appreciation of different cultures, thereby encouraging a more inclusive society. By offering these engaging and informative programs, Krug Community Circle Inc plays a significant role in bridging cultural gaps and promoting unity among diverse communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%
Krug Community Circle Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The organization scored 13% overall, primarily due to a lack of independent board members and missing policies that are essential for transparency, such as conflict of interest and whistleblower policies.
Despite having no reported material diversion of assets, the organization struggles with a liabilities to assets ratio of 153.94%, suggesting potential financial instability. Additionally, it has not made its website accessible as required, which diminishes its overall transparency and accountability to stakeholders.
While the nonprofit does maintain documentation of board meeting minutes, the absence of other critical governance documents, along with a low program expense ratio of 49.57%, raises questions about its operational effectiveness and commitment to its mission. Without improvements in these areas, the organization may face challenges in gaining trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Krug Community Circle Inc legitimate?
Krug Community Circle Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Krug Community Circle 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: $0
For more financial information, click here
What is the mission statement of Krug Community Circle Inc?
Krug Community Circle Inc., through its mission, focuses on education and entertainment, achieving this objective by organizing cultural and ethnic awareness programs. The primary goal of these programs is to promote diversity and inclusion, fostering a more inclusive society. By engaging in these activities, Krug Community Circle Inc. seeks to educate and entertain its audience, thereby contributing to a more harmonious and understanding community.
Who is the CEO of Krug Community Circle Inc?
Marta Gavrialov is the President of Krug Community Circle Inc.
What is the revenue of Krug Community Circle Inc?
Krug Community Circle Inc's revenue in 2022 was $75,340.
Who are the executives of Krug Community Circle Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Krug Community Circle Inc?
Krug Community Circle Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Krug Community Circle Inc
Krug Community Circle Inc, a non-profit organization, is dedicated to spreading education and entertainment through cultural and ethnic awareness programs. Its mission is to champion diversity and inclusion by promoting understanding and appreciation of various cultures and ethnicities. By organizing and facilitating these programs, Krug Community Circle Inc strives to foster a more inclusive and harmonious society.
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Impact
August, 2024
Krug Community Circle Inc's impact is centered around educating and entertaining through cultural and ethnic awareness programs, ultimately promoting diversity and inclusion in the community. By offering educational and entertainment initiatives focused on cultural and ethnic understanding, Krug Community Circle Inc plays a vital role in fostering a more inclusive and diverse environment in Deerfield, Illinois.
This information is meant to be a general summary of Krug Community Circle 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.
- Program Service Revenue: $45,628
- Gross Receipts: $75,340
Assets and Liabilities:
- Total Assets: $73,517
- Total Liabilities: $113,183
- Net Assets: -$39,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS & WORK SHOP TICKETS SA
Revenue
$45,628
Organization Details
Phone
(847) 293-2326Principal Officer
Marta Gavrialov
Main Address
1437 DARTMOUTH LN, DEERFIELD, IL, 60015
NTEE Category
Code: A23 - Arts
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