Overview
What is Sb7 Coalition Inc?
Sb7 Coalition Inc is a small yet impactful nonprofit organization based in Baltimore, Maryland. With a single employee, the coalition serves as a funding conduit for community priority projects in the South Baltimore region. Their initiatives encompass various aspects, such as establishing an inter-neighborhood bus connector, consolidating infrastructure needs into a regional master plan, attracting and building a regional grocery store, promoting investment in local small businesses, supporting community land trust efforts, and increasing Latinx population participation in neighborhood association activities. Additionally, they offer adult learning opportunities with a focus on homeownership training in partnership with six community organizations. The Sb7 Coalition's mission is to improve the South Baltimore region's quality of life by addressing its specific needs and fostering community growth.
Official website here: www.sb7coalition.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Sb7 Coalition Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas needing attention despite some strengths. With an overall score of 73%, the organization shows a solid commitment to accountability, particularly with a fully independent board and no material diversion of assets. However, the lack of financial statements and essential policies such as a whistleblower policy highlights significant gaps in transparency and governance.
The organization excels in financial efficiency, with a program expense ratio of 92.72%, suggesting that the majority of its funds are directed toward its core mission. Additionally, it has a low liabilities to assets ratio of 10.90%, reflecting a stable financial position. Nonetheless, the absence of published financial documents on its website and the missing document retention policy are notable weaknesses that could affect stakeholders' trust.
In summary, while Sb7 Coalition Inc demonstrates strong governance features like independent board members and effective fund allocation, the nonprofit must address its lack of financial disclosures and vital operational policies to enhance its accountability and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Sb7 Coalition Inc legitimate?
Sb7 Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sb7 Coalition 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: $96,676
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,526
For more financial information, click here
Official website here: www.sb7coalition.org
What is the mission statement of Sb7 Coalition Inc?
The Sb7 Coalition serves as a facilitator to secure funding for community priority projects. Their endeavors encompass various initiatives, such as establishing an inter-neighborhood bus connector, consolidating infrastructure needs into a regional master plan, attracting and constructing a high-quality regional grocery store, promoting investment in local small businesses along commercial corridors, supporting regional community land trust efforts, and increasing involvement of the growing Latinx population in neighborhood association activities. Furthermore, the coalition initiates adult learning opportunities with a focus on homeownership training, in collaboration with six community organizations, in the South Baltimore region.
Official website here: www.sb7coalition.org
What is the revenue of Sb7 Coalition Inc?
Sb7 Coalition Inc's revenue in 2023 was $859,868.
Official website here: www.sb7coalition.org
Who are the executives of Sb7 Coalition Inc and what are their salaries?
The average compensation at Sb7 Coalition Inc during 2023 was $81,101. There are 2 employees and 9 volunteers at Sb7 Coalition Inc.
Here are 10 key members and their salaries:
- Compensation: $115,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sb7coalition.org
Where can I find the form 990 for Sb7 Coalition Inc?
Sb7 Coalition Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sb7coalition.org
Learn more at the official website: www.sb7coalition.org
Mission Statement of Sb7 Coalition Inc
Sb7 Coalition Inc serves as a conduit to provide funding for community priority projects in various sectors. One of their primary goals is to enhance transportation within the community by establishing an inter-neighborhood bus connector. Additionally, they aim to consolidate infrastructure needs into a regional master plan, attracting and building a high-quality regional grocery store. The organization also promotes investment in local small businesses along commercial corridors and supports regional community land trust efforts.
Furthermore, Sb7 Coalition Inc is committed to increasing the participation of the growing Latinx population in neighborhood association activities. They also focus on creating adult learning opportunities with a specific emphasis on homeownership training. In partnership with six community organizations, Sb7 Coalition Inc plays a crucial role in empowering the community by providing resources and support for these initiatives. Their mission is to improve the quality of life in the community by addressing various needs and fostering a sense of unity and progress.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Sb7 Coalition Inc has a significant impact on the South Baltimore region, serving as a conduit for funding community priority projects. These initiatives include the creation of an inter-neighborhood bus connector, infrastructure planning, supporting local businesses, community land trust efforts, increasing Latino community participation, and providing adult learning opportunities with a focus on homeownership training. By partnering with six community organizations, Sb7 Coalition Inc has been able to expand its programs and reach out to the community, contributing to the improvement and development of the region.
This information is meant to be a general summary of Sb7 Coalition 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 2023.
- Investment Income: $1,868
- Gross Receipts: $859,868
Assets and Liabilities:
- Total Assets: $321,455
- Total Liabilities: $35,039
- Net Assets: $286,416
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2017
Principal Officer
Greg Sawtell
Website
www.sb7coalition.orgNTEE Category
Code: S21 - Community improvement
If you are a representative of Sb7 Coalition Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.