Overview
What is Courthouse Area Charity?
Courthouse Area Charity is a nonprofit organization situated at 2849 Princess Anne Road, Virginia Beach, VA 23456. Their primary objective is to raise funds and actively support various religious, charitable, educational, and other endeavors within the community. To achieve this mission, they own and manage a building intended for public use and public meetings, serving as a platform for furthering these charitable initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62% (Two-Star out of Four Star rating)
Courthouse Area Charity has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is derived solely from its Accountability & Finance metrics, which stands at 62%. This rating is significant as it reflects the charity's commitment to transparency and effective use of donated funds, although there is room for improvement.
The organization shows strengths in several areas of governance and financial integrity. It boasts a fully independent board, with all 10 members being independent, ensuring that decision-making is free from conflicts of interest. Additionally, there are no reported material diversions of assets, and the charity effectively documents its board meeting minutes. The liabilities to assets ratio is also commendable at 43.60%, indicating a sound financial structure.
However, the charity's program expense ratio of 61.23% suggests that there is room for improvement in allocating funds directly to programs rather than administrative costs. This could be an area of focus for enhancing overall effectiveness and trust among donors. As such, while Courthouse Area Charity demonstrates solid governance practices, its financial ratios highlight the potential for operational enhancements.
This AI summary has been generated from information found on Charity Navigator.
Is Courthouse Area Charity legitimate?
Courthouse Area Charity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Courthouse Area Charity 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 Courthouse Area Charity?
The Courthouse Area Charity's mission is centered around raising funds to support various religious, charitable, educational, and other endeavors within the community. To achieve this, the charity actively engages in these initiatives. Additionally, it owns and operates a building intended for public use and public meetings, with the purpose of furthering educational, religious, and other charitable endeavors. The charity's Courthouse Area Charity Building is made available to provide the public with a location to continue these endeavors.
Who is the CEO of Courthouse Area Charity?
John S Kellam is the Secretary, D of Courthouse Area Charity.
What is the revenue of Courthouse Area Charity?
Courthouse Area Charity's revenue in 2021 was $15,541.
Who are the executives of Courthouse Area Charity and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Courthouse Area Charity?
Courthouse Area Charity's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Courthouse Area Charity
Courthouse Area Charity is committed to raising funds and actively contributing to various religious, charitable, educational, and other endeavors. This nonprofit organization aims to further these causes by owning and operating a building intended for public use and public meetings. The primary purpose of this building is to foster educational, religious, and charitable initiatives, thereby supporting the community at large.
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Impact
August, 2024
Courthouse Area Charity's impact can be seen in its dedication to raising funds to support the community through various religious, charitable, educational, and other endeavors. The organization provides a space for the public to further educational, religious, and charitable activities through its building in Virginia Beach, VA. By actively fundraising and operating this facility, Courthouse Area Charity plays a crucial role in promoting human services and community well-being in the area.
This information is meant to be a general summary of Courthouse Area Charity. 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 2021.
- Investment Income: $8
- Gross Receipts: $15,541
Assets and Liabilities:
- Total Assets: $2,003,821
- Total Liabilities: $873,800
- Net Assets: $1,130,021
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Organization Details
Founding Year
2017
Phone
(757) 427-1822Principal Officer
John S Kellam
Main Address
2849 PRINCESS ANNE ROAD, VIRGINIA BEACH, VA, 23456
NTEE Category
Code: P40 - Human services
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