Overview
What is Community Success Institute?
The Community Success Institute is a nonprofit organization committed to strengthening at-risk and underserved communities in the United States. They employ a comprehensive strategy, nurturing human potential through a fellowship program and offering various services. These services encompass financial aid such as accounting and legal fees, operational support, advertising assistance, and initial grant funds. The institute's mission is to empower these communities and contribute to their sustainable growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Community Success Institute has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 52%, the organization possesses strengths in certain areas, such as having a fully independent board of directors and no material diversion of assets. However, multiple shortcomings in transparency and governance have impacted its rating.
The nonprofit's accountability metrics reveal that while it excels in maintaining an independent board and adhering to conflict of interest policies, it lacks essential documentation practices. Notably, the organization has not posted board meeting minutes or tax forms on its website, which are critical for stakeholder transparency. Additionally, the absence of a whistleblower policy raises concerns about the organization’s commitment to internal oversight and ethical governance.
Despite the positive program expense ratio, indicating that it allocates a significant portion of its resources to its mission-related activities, the high liabilities to assets ratio suggests financial vulnerability. Stakeholders might want to consider these factors when assessing the organization's overall effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Community Success Institute legitimate?
Community Success Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Success Institute 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
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What is the mission statement of Community Success Institute?
The Community Success Institute is committed to enhancing human and operational capabilities in disadvantaged and under-served communities across America. They accomplish this goal through a comprehensive strategy, which includes nurturing human capital through a fellowship program. Additionally, the institute offers various support services such as assistance with accounting and legal fees, operations management, advertising, and initial grant funding. The institute's ultimate aim is to empower these communities to overcome their challenges and thrive.
Who is the CEO of Community Success Institute?
Lakshmi Krishnaswami is the Krishnaswami of Community Success Institute.
What is the revenue of Community Success Institute?
Community Success Institute's revenue in 2020 was $28,976.
Who are the executives of Community Success Institute and what are their salaries?
Where can I find the form 990 for Community Success Institute?
Community Success Institute's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Community Success Institute
The Community Success Institute is an organization committed to enhancing human and operational capacity in underserved and at-risk communities across America. To achieve this mission, the institute employs a multifaceted approach. At the heart of its strategy is the development of human capital, which it accomplishes through a fellowship program. Beyond this, the Institute also offers various support services, including financial aid in the form of accounting and legal fees, operational assistance, advertising assistance, and initial grant monies. By implementing this comprehensive approach, the Community Success Institute aims to uplift and empower the communities it serves, ultimately contributing to their overall growth and prosperity.
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Impact
August, 2024
Community Success Institute's impact can be seen in the transformation of at-risk and underserved communities across America. Through its focused efforts on building human and operational capacity, the institute has empowered individuals and organizations to thrive and succeed. By offering programs such as fellowships, assistance with accounting & legal fees, operational support, advertising guidance, and initial grant monies, Community Success Institute has significantly contributed to the development and enhancement of these communities. Its multi-pronged approach has not only strengthened human capital but also fostered sustainability and growth, ultimately creating a positive and lasting impact on the lives of those in need.
This information is meant to be a general summary of Community Success Institute. 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 2020.
- Investment Income: $3,976
- Gross Receipts: $28,976
Assets and Liabilities:
- Total Assets: $224,589
- Total Liabilities: $224,589
- Net Assets: $0
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Organization Details
Founding Year
2016
Phone
(401) 663-2734Principal Officer
Lakshmi Krishnaswami
Main Address
420 Central Park West, New York, NY, 10025
NTEE Category
Code: B99 - Education
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