Overview
What is Catrock Ventures Inc?
Catrock Ventures Inc, based in the Bronx, New York, is a nonprofit organization dedicated to empowering underserved youth. Through their program, the Catrock Youth Leadership Academy, they aim to foster social and emotional growth, leadership skills, and positive peer relationships in young individuals. This is achieved by combining a research-based youth development curriculum with outdoor adventures, environmental education, and leadership training. The program receives annual in-kind donations of $78,000 for rent and utilities. The academy provides participants with transformative experiences, encouraging them to take action in their communities and build upon their experiences of addressing community and environmental issues. With a workforce of 14 individuals, Catrock Ventures Inc aims to help Bronx youth become socially responsible changemakers and reach their full potential.
Official website here: www.catrockventures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Catrock Ventures Inc has earned a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization has an 88% score, reflecting a good balance between program expenses and overall financial health. Notably, the board largely comprises independent members, which enhances governance and accountability.
While the charity demonstrates strengths in various areas, such as having clear financial statements and a conflict of interest policy, there are notable gaps. The absence of a whistleblower policy, document retention policy, and the failure to post tax forms on its website suggest areas for improvement in transparency and operational practices.
Overall, Catrock Ventures Inc shows promise with a high program expense ratio of 77.04%, which indicates a significant portion of resources is allocated towards its mission. However, addressing the identified weaknesses could further enhance its credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Catrock Ventures Inc legitimate?
Catrock Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catrock Ventures 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: $97,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,957
For more financial information, click here
Official website here: www.catrockventures.org
What is the mission statement of Catrock Ventures Inc?
Catrock Ventures Inc's mission is centered around empowering underserved youth. It aims to achieve this by investing in the youth of the Bronx through transformative outdoor experiences, community service learning opportunities, and academic support. The goal is to help these youth become socially responsible changemakers and realize their full potential. The organization runs the Catrock Youth Leadership Academy, an evidence-based program that focuses on social and emotional learning outcomes. It combines a research-based youth development curriculum with outdoor adventures, environmental education, and leadership training. The program is supported by annual in-kind donations for rent and utilities. Participants in the program experience personal growth, develop leadership skills and knowledge, build positive peer relationships, and learn persistence in the face of challenges. They are also encouraged to take action in their communities and build upon their experiences of addressing community and environmental issues after the program.
Official website here: www.catrockventures.org
Who is the CEO of Catrock Ventures Inc?
Craig Meisner is the Chairman of Catrock Ventures Inc.
Official website here: www.catrockventures.org
What is the revenue of Catrock Ventures Inc?
Catrock Ventures Inc's revenue in 2022 was $539,613.
Official website here: www.catrockventures.org
Who are the executives of Catrock Ventures Inc and what are their salaries?
The average compensation at Catrock Ventures Inc during 2022 was $15,903. There are 14 employees and 49 volunteers at Catrock Ventures Inc.
Here are 5 key members and their salaries:
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- Compensation: $85,010
- Related: $0
- Other: $12,672
Official website here: www.catrockventures.org
Where can I find the form 990 for Catrock Ventures Inc?
Catrock Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catrockventures.org
Learn more at the official website: www.catrockventures.org
Mission Statement of Catrock Ventures Inc
Catrock Ventures Inc, a nonprofit organization, is committed to empowering underserved youth through transformative outdoor experiences. Their mission is to invest in the youth of the Bronx by providing opportunities that encompass transformative outdoor adventures, community service learning, and academic support. The goal is to nurture socially responsible changemakers, enabling them to reach their full potential.
The Catrock Youth Leadership Academy, an evidence-based program, is at the heart of their mission. This program combines a research-based youth development curriculum with outdoor adventures, environmental education, and leadership training. The program, supported by in-kind donations, aims to foster social and emotional learning outcomes. Through the Academy, participants experience significant growth, develop leadership skills and knowledge, build positive peer relationships, and learn the value of persistence in the face of challenges. The program encourages students to take action in their communities, inspiring them to build upon their experiences of addressing community and environmental issues post-program.
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Impact
July, 2024
Catrock Ventures Inc's impact is significant in empowering underserved youth through transformative outdoor experiences. The organization runs the Catrock Youth Leadership Academy, which is an evidence-based program focusing on social and emotional learning outcomes. By combining a research-based youth development curriculum with outdoor adventures, environmental education, and leadership training, the program helps participants experience social and emotional growth, develop leadership skills, build positive peer relationships, and learn persistence in the face of challenges.
Through the support of in-kind donations for rent and utilities totaling $78,000 per year, Catrock Ventures Inc provides a valuable platform for youth in the Bronx, NY, to take action in their communities and address important issues. The organization's mission to invest in Bronx youth and help them become socially responsible changemakers is reflected in the impactful work they do in fostering personal growth and community engagement among participants.
This information is meant to be a general summary of Catrock Ventures 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.
- Program Service Revenue: $130,961
- Gross Receipts: $539,613
Assets and Liabilities:
- Total Assets: $341,997
- Total Liabilities: $2,154
- Net Assets: $339,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES/CONTRACTS
Revenue
$130,961
Organization Details
Founding Year
2018
Phone
(917) 880-2000Principal Officer
Craig Meisner
Main Address
2865 UNIVERSITY AVE E3, BRONX, NY, 104682389
Website
www.catrockventures.orgNTEE Category
Code: O50 - Youth development
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