Overview
What is Cps Qalicb Inc?
Cps Qalicb Inc, a Pennsylvania-based corporation, was established with the objective of completing a New Market Tax Credit (NMTC) transaction. This organization's primary function is to provide support to Community Partnership Schools. By doing so, it aims to contribute positively to its community. The information provided does not disclose further details about the organization's activities, mission, or impact, limiting our ability to provide a more comprehensive summary.
Official website here: www.communitypartnershipschool.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (43%)
Cps Qalicb 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 an overall 43%, largely due to issues in key areas that are critical for transparency and effective management. While the organization has achieved full points in areas such as having a majority of independent board members and maintaining a conflict of interest policy, its weaknesses in other categories significantly impacted its overall score.
Specifically, Cps Qalicb Inc scored poorly in areas such as whistleblower policies, document retention, and the ratio of liabilities to assets. The lack of a whistleblower policy and low scores in document management suggest potential risks in governance and accountability. Additionally, the organization did not post its tax forms on its website, which is a vital practice for transparency in nonprofit operations.
The strong governance aspects, such as having an independent board, are overshadowed by the gaps in financial transparency and accountability. Stakeholders may want to exercise caution and seek further information about the organization's financial health and operational practices before engaging with or supporting Cps Qalicb Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Cps Qalicb Inc legitimate?
Cps Qalicb Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cps Qalicb 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.communitypartnershipschool.org/
What is the mission statement of Cps Qalicb Inc?
CPS Qalicb Inc, as a corporation, was established to facilitate a New Market Tax Credit (NMTC) transaction. Its primary purpose is to offer support to Community Partnership School. This support is intended to enhance the school's operations and capabilities, without providing specific details about the nature of the support provided. CPS Qalicb Inc's role is to contribute to the betterment of the Community Partnership School, though the exact methods or goals of this contribution are not explicitly stated in the provided information.
Official website here: www.communitypartnershipschool.org/
Who is the CEO of Cps Qalicb Inc?
Anne Wilmerding is the Treasurer of Cps Qalicb Inc.
Official website here: www.communitypartnershipschool.org/
What is the revenue of Cps Qalicb Inc?
Cps Qalicb Inc's revenue in 2021 was $213,070.
Official website here: www.communitypartnershipschool.org/
Who are the executives of Cps Qalicb Inc and what are their salaries?
There 3 volunteers at Cps Qalicb Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.communitypartnershipschool.org/
Where can I find the form 990 for Cps Qalicb Inc?
Cps Qalicb Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.communitypartnershipschool.org/
Learn more at the official website: www.communitypartnershipschool.org/
Mission Statement of Cps Qalicb Inc
Cps Qalicb Inc, a Pennsylvania corporation, was established with a specific purpose: to participate in a New Market Tax Credit (NMTC) transaction. Its primary mission is to provide support to Community Partnership School. This nonprofit organization's role is to aid and assist this educational institution, ensuring its smooth operation and success. The exact nature of the support provided by Cps Qalicb Inc is not detailed in the information provided, but it can be inferred that the organization plays a crucial role in enhancing the capabilities and effectiveness of Community Partnership School.
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Impact
October, 2024
CPS Qalicb Inc. significantly contributes to the educational landscape in Philadelphia by facilitating financial solutions that enhance the Community Partnership School. Through its involvement in the New Market Tax Credit (NMTC) program, it mobilizes resources that bolster educational opportunities and infrastructure, ultimately benefiting the local community. This financial support allows the Community Partnership School to develop programs and services that improve student outcomes, foster community engagement, and promote sustainable growth within the educational system. By concentrating on education, CPS Qalicb Inc. plays a vital role in creating a nurturing environment that empowers students and supports their academic journeys.
This information is meant to be a general summary of Cps Qalicb 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 2021.
- Investment Income: $213,070
- Gross Receipts: $213,070
Assets and Liabilities:
- Total Assets: $10,773,531
- Total Liabilities: $11,700,000
- Net Assets: -$926,469
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Organization Details
Founding Year
2017
Phone
(215) 235-0461Principal Officer
Anne Wilmerding
Main Address
3033 W GLENWOOD AVE, PHILADELPHIA, PA, 19121
NTEE Category
Code: B12 - Education
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