Overview
What is Tom Thumb Charity Inc?
Tom Thumb Charity Inc, located in Hialeah, Florida, is a dedicated multiservice humanitarian organization. Their primary goal is to raise funds to support abused women and children, striving to make a significant impact in their lives. As a network, Tom Thumb Charity works tirelessly to achieve this mission, providing essential resources and assistance to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. This rating reflects an overall evaluation of the charity's accountability and financial health. A 72% score indicates that while the organization demonstrates some strong governance practices, there are notable areas that could be improved to enhance its financial sustainability.
The strengths of Tom Thumb Charity Inc include a fully independent board with 10 out of 10 points and strong policies in place regarding whistleblower protections and document retention, both of which received top scores. Additionally, the organization has achieved a perfect program expense ratio, indicating that all its expenditures are directed toward its charitable programs.
However, a significant concern arises from the high liabilities to assets ratio, which stands at 279.31%, resulting in a zero score in that area. This suggests that the charity may be facing financial challenges that could impact its long-term viability. Overall, while Tom Thumb Charity Inc shows commendable governance practices, it must address its financial liabilities to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Tom Thumb Charity Inc legitimate?
Tom Thumb Charity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tom Thumb Charity 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 Tom Thumb Charity Inc?
Tom Thumb Charity, as a human service organization, is dedicated to raising funds with the primary objective of aiding abused women and children. Their mission is to provide financial support for individuals who have experienced domestic violence or other forms of abuse, with the ultimate goal of ensuring their safety and well-being. Through various fundraising activities, Tom Thumb Charity aims to make a significant impact in the lives of those in need, offering them a chance at a better and safer future.
Who is the CEO of Tom Thumb Charity Inc?
James Mccarthy is the Co-President/Board Member of Tom Thumb Charity Inc.
What is the revenue of Tom Thumb Charity Inc?
Tom Thumb Charity Inc's revenue in 2022 was -$143,201.
Who are the executives of Tom Thumb Charity Inc and what are their salaries?
There 4 volunteers at Tom Thumb Charity Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tom Thumb Charity Inc?
Tom Thumb Charity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tom Thumb Charity Inc
Tom Thumb Charity, as a multiservice human service organization, is committed to raising funds to support abused women and children. The organization's mission is to provide essential assistance to those who have been victims of domestic violence and their children, aiming to help them overcome their challenging situations. By raising funds, Tom Thumb Charity seeks to make a tangible impact in the lives of these individuals, offering them the resources and support they need to rebuild their lives and regain their dignity. The organization's mission is a testament to its dedication to advocating for the rights and welfare of abused women and children, working towards creating safer and more supportive environments for them.
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Impact
October, 2024
Tom Thumb Charity Inc plays a vital role in supporting abused women and children in Hialeah, FL. By raising essential funds, the organization addresses the urgent needs of this vulnerable population, providing resources and assistance that can lead to transformative change in their lives. Through its multiservice network, Tom Thumb Charity not only offers immediate relief but also fosters long-term recovery and empowerment, helping survivors regain control and build a better future. The charity fills a crucial gap in human services, making a significant impact in the community it serves.
This information is meant to be a general summary of Tom Thumb Charity 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.
- Gross Receipts: $312,894
Assets and Liabilities:
- Total Assets: $85,039
- Total Liabilities: $237,526
- Net Assets: -$152,487
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Organization Details
Founding Year
2016
Phone
(305) 885-5451Principal Officer
James Mccarthy
Main Address
97 WEST OKEECHOBEE ROAD, HIALEAH, FL, 33010
NTEE Category
Code: P20 - Human services
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