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The Mcdavid Group Charities Inc

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

EIN: 813958709 ✦ Tequesta, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Mcdavid Group Charities Inc?

The Mcdavid Group Charities Inc, located in Tequesta, Florida, is a dedicated nonprofit organization. Their primary mission revolves around hosting an annual golf tournament and gala, named "Golf for C.O.P.S." This event is in support of the families of fallen law enforcement officers in America. The proceeds from this tournament are allocated to various initiatives by C.O.P.S., such as emotional and financial assistance, scholarships, and hands-on programs. This nonprofit demonstrates a strong commitment to honoring the memory and supporting the loved ones of those who have made the ultimate sacrifice while serving in law enforcement.


Official website here: www.themcdavidgroupcharities.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 67%)

The Mcdavid Group Charities Inc has received a rating of "Needs Improvement" with an overall score of 67%. While the organization excels in areas related to culture and community, as well as leadership and adaptability, it faces challenges in its accountability and finance metrics, scoring just 55%. Key financial indicators show a program expense ratio of 61.12% and a liabilities to assets ratio of 49.85%, suggesting potential concerns regarding its financial health.

One of the nonprofit's strengths is its commitment to gathering and utilizing feedback, scoring a perfect 100 in both feedback collection and usage. Additionally, it has a fully independent board, with 100% of its members being independent. However, the organization lacks certain essential financial policies, such as a whistleblower policy and document retention policy, which could impact its overall governance.

Despite its strong community focus and leadership investment, the absence of publicly available financial statements and other governance documents raises questions about transparency. The organization is evidently taking steps towards improvement, such as hiring a consultant for branding and fundraising, but addressing the noted limitations is crucial for enhancing its overall rating and public trust.


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

Is The Mcdavid Group Charities Inc legitimate?

The Mcdavid Group Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mcdavid Group Charities 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


Official website here: www.themcdavidgroupcharities.com

What is the mission statement of The Mcdavid Group Charities Inc?

The Mcdavid Group Charities Inc is committed to supporting the families of fallen law enforcement officers. They achieve this through the annual "Golf for C.OP.S. (Concerns of Police Survivors) Celebrity Golf Tournament." The net proceeds from this event are allocated towards C.O.P.S. hands-on programs and provide emotional and financial assistance, scholarships, and other initiatives for surviving spouses and children affected by a line-of-duty death. Once a year, a check is distributed from the golf tournament's net proceeds to C.O.P.S. In essence, the mission of The Mcdavid Group Charities Inc is to host this annual golf tournament and gala, aiming to provide aid and comfort to the families of fallen law enforcement officers.


Official website here: www.themcdavidgroupcharities.com

Who is the CEO of The Mcdavid Group Charities Inc?

Jim Mcdavid is the Director of The Mcdavid Group Charities Inc.


Official website here: www.themcdavidgroupcharities.com

What is the revenue of The Mcdavid Group Charities Inc?

The Mcdavid Group Charities Inc's revenue in 2022 was $1,216,022.


Official website here: www.themcdavidgroupcharities.com

Who are the executives of The Mcdavid Group Charities Inc and what are their salaries?


Here are 3 key members and their salaries:


Tanya Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcdavid (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Mcdavid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.themcdavidgroupcharities.com

Where can I find the form 990 for The Mcdavid Group Charities Inc?

The Mcdavid Group Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.themcdavidgroupcharities.com

Learn more at the official website: www.themcdavidgroupcharities.com

Mission Statement of The Mcdavid Group Charities Inc

The Mcdavid Group Charities Inc, a renowned organization, is dedicated to hosting an annual event titled "Golf for C.O.P.S. (Concerns of Police Survivors) Celebrity Golf Tournament." This event serves as a significant fundraiser, with the net proceeds benefiting the families of fallen law enforcement officers in the United States. The charity earmarks these funds to support various programs initiated by C.O.P.S., including offering emotional and financial aid, scholarships, and additional initiatives to assist surviving spouses and the children affected by a line-of-duty death. In essence, The Mcdavid Group Charities Inc's mission is to host this annual golf tournament and gala with the primary aim of providing support to the families of fallen law enforcement officers, offering them a sense of comfort and resources during their time of grief.

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Impact




July, 2024

The Mcdavid Group Charities Inc's impact is focused on supporting the surviving families of America's fallen law enforcement officers. Through their annual "Golf for C.O.P.S." celebrity golf tournament, they raise net proceeds that are earmarked to support Concerns of Police Survivors (C.O.P.S.) hands-on programs. These funds also provide emotional and financial support, scholarships, and other initiatives to help surviving spouses and children affected by a line-of-duty death. The net proceeds from the tournament are distributed to C.O.P.S. once a year in the form of a check. The organization's mission is to host the annual golf tournament and gala for the families of fallen law enforcement, making a tangible impact in the lives of those who have lost loved ones in the line of duty.




This information is meant to be a general summary of The Mcdavid Group Charities 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
$1,216,022 (2022)
Expenses
$1,294,879 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,223,522

Assets and Liabilities:

  • Total Assets: $723,290
  • Total Liabilities: $360,631
  • Net Assets: $362,659

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Organization Details

Founding Year

2016

Principal Officer

Jim Mcdavid

Main Address

1 MAIN STREET SUITE 202, TEQUESTA, FL, 33469

NTEE Category

Code: T12 - Philanthropy

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