Overview
What is Education Culture Opportunities Foundation?
The Education Culture Opportunities Foundation (ECO Foundation) is a nonprofit organization situated in Philadelphia, Pennsylvania. Their primary mission is to collaborate with the individuals they serve, offering innovative education, nutritious food, and job prospects. By doing so, they aim to help these individuals fulfill their current needs and set themselves up for future success. The ECO Foundation is also committed to breaking free from institutional and structural oppression, enabling individuals to better themselves and positively impact their communities. With a team of 4 dedicated employees, they work tirelessly to create an environment that fosters growth and empowerment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (17%)
The Education Culture Opportunities Foundation has received a low rating of 17% on Charity Navigator, resulting in a Zero-Star out of Four Stars status. This score reflects significant concerns regarding the organization’s accountability and financial practices. The foundation's lack of transparency is highlighted by missing financial statements, absence of critical governance documents, and inadequate policies for conflict of interest and whistleblower protections.
Despite having three independent board members, which is a positive aspect of its governance structure, the organization has failed to maintain a majority of independent members on its board. This situation raises concerns about the oversight and decision-making processes. Additionally, with a program expense ratio of only 33.78%, it indicates that a substantial portion of its finances may not be directed towards its intended programs, further undermining its accountability to donors and beneficiaries.
Overall, the Education Culture Opportunities Foundation faces significant challenges that need to be addressed to improve its operational transparency and effectiveness. Stakeholders are urged to consider these factors seriously before engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Education Culture Opportunities Foundation legitimate?
Education Culture Opportunities Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Culture Opportunities Foundation 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: $214,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,042
For more financial information, click here
What is the mission statement of Education Culture Opportunities Foundation?
The Education Culture Opportunities Foundation's mission is centered around collaborating with the individuals they serve. Their goal is to offer creative educational resources, ensure access to nutritious food, and provide employment opportunities. By doing so, they aim to help these individuals meet their current needs and set themselves up for future success. The foundation also works towards liberating people from institutional and structural oppression, enabling them to improve their own lives and contribute positively to their communities.
Who is the CEO of Education Culture Opportunities Foundation?
Kyle Morris is the Executive Dir. of Education Culture Opportunities Foundation.
What is the revenue of Education Culture Opportunities Foundation?
Education Culture Opportunities Foundation's revenue in 2022 was $889,742.
Who are the executives of Education Culture Opportunities Foundation and what are their salaries?
The average compensation at Education Culture Opportunities Foundation during 2022 was $112,936. There are 4 employees and 70 volunteers at Education Culture Opportunities Foundation.
Here are 3 key members and their salaries:
- Compensation: $95,992
- Related: $0
- Other: $0
- Compensation: $59,566
- Related: $0
- Other: $0
- Compensation: $59,142
- Related: $0
- Other: $0
Where can I find the form 990 for Education Culture Opportunities Foundation?
Education Culture Opportunities Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Education Culture Opportunities Foundation
The Education Culture Opportunities Foundation, often referred to as ECO Foundation, is dedicated to working collaboratively with the communities it serves. Its mission is centered around providing creative education, nutritious food, and employment opportunities to individuals, enabling them to meet their current needs and set sights on a prosperous future for generations to come. The organization is also committed to liberating people from the shackles of institutional and structural oppression, empowering them to improve their lives and contribute positively to their communities. By doing so, ECO Foundation aspires to foster a cycle of growth and development that benefits both individuals and their communities as a whole.
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Impact
July, 2024
The Education Culture Opportunities Foundation, based in Philadelphia, PA, has a significant impact on the community by providing creative education, healthy food, and employment opportunities to those it serves. Through its collaborative approach, the ECO Foundation not only helps individuals meet their immediate needs but also sets them on a path to thrive for generations to come. By liberating people from institutional and structural oppression, the organization empowers individuals to better themselves and their communities. Its focus on human services further strengthens its impact on improving lives and fostering a more inclusive and supportive society.
This information is meant to be a general summary of Education Culture Opportunities Foundation. 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: $889,742
Assets and Liabilities:
- Total Assets: $323,311
- Total Liabilities: $0
- Net Assets: $323,311
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Organization Details
Founding Year
2018
Phone
(302) 415-1400Principal Officer
Kyle Morris
Main Address
5411 MARKET STREET, PHILADELPHIA, PA, 19139
NTEE Category
Code: P50 - Human services
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