Overview
What is Cornerstone Collaborative Florida Inc?
Cornerstone Collaborative Florida Inc is a nonprofit organization dedicated to addressing poverty and community violence. Their mission is to break the cycle of poverty and disrupt persistent violence by creating and implementing innovative strategies and solutions. One of their initiatives is Watering Farms in Jamaica, while they also run a Brunch and Ball mentoring program. The Collaborative aims to make a significant impact on the communities they serve by offering innovative pathways towards a violence-free and poverty-free future.
Official website here: www.cornercollab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
Cornerstone Collaborative Florida Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is solely based on the Accountability & Finance category, where it scored 50%, reflecting a lack of transparency and effective financial practices.
The organization shows some strengths, such as having a fully independent board, with all ten members meeting this criterion. It also maintains a conflict of interest policy and has documented board meeting minutes, which are positive indicators of governance. However, the absence of a whistleblower policy and the failure to post its tax form on its website raise red flags about its operational transparency.
Additionally, the nonprofit's financial ratios are concerning, particularly the liabilities to assets ratio at nearly 99%, suggesting potential financial instability. Moreover, with only 20.66% of its expenses dedicated to programs, there is a notable lack of investment in its mission-related activities. This combination of issues highlights significant areas for improvement within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Collaborative Florida Inc legitimate?
Cornerstone Collaborative Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Collaborative Florida 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cornercollab.org
What is the mission statement of Cornerstone Collaborative Florida Inc?
Cornerstone Collaborative Florida Inc's mission is centered around two main objectives: eradicating poverty and disrupting persistent community violence. They achieve this by designing and implementing innovative strategies and solutions. One of their initiatives is Watering Farms in Jamaica, while they also operate the Brunch and Ball mentoring program. The organization's goal is to bring about lasting change in communities by addressing these two pressing issues.
Official website here: www.cornercollab.org
Who is the CEO of Cornerstone Collaborative Florida Inc?
Keenyn Mcfarlane is the Director of Cornerstone Collaborative Florida Inc. The CEO's salary of Cornerstone Collaborative Florida Inc is $0 and their total compensation is $0.
Official website here: www.cornercollab.org
What is the revenue of Cornerstone Collaborative Florida Inc?
Cornerstone Collaborative Florida Inc's revenue in 2022 was $55,612.
Official website here: www.cornercollab.org
Who are the executives of Cornerstone Collaborative Florida Inc and what are their salaries?
There 40 volunteers at Cornerstone Collaborative Florida Inc.
Here are 11 key members and their salaries (Cornerstone Collaborative Florida Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.cornercollab.org
Where can I find the form 990 for Cornerstone Collaborative Florida Inc?
Cornerstone Collaborative Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornercollab.org
Learn more at the official website: www.cornercollab.org
Mission Statement of Cornerstone Collaborative Florida Inc
Cornerstone Collaborative Florida, a nonprofit organization, is committed to ending poverty and disrupting persistent community violence. They achieve this mission by developing and implementing innovative pathways and solutions. Their approach is not limited to a single initiative; they have launched projects such as Watering Farms in Jamaica and the Brunch and Ball mentoring program, demonstrating their dedication to finding effective solutions to these complex issues. The Watering Farms project aims to address poverty by promoting sustainable agriculture and economic opportunities in Jamaica, while the Brunch and Ball program focuses on mentoring young individuals to help them overcome the challenges associated with community violence. Overall, Cornerstone Collaborative Florida's mission is to bring about meaningful change in communities affected by poverty and violence by creating and implementing innovative solutions.
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Impact
August, 2024
Cornerstone Collaborative Florida Inc is actively working to end poverty and disrupt community violence through innovative solutions. Initiatives such as Watering Farms in Jamaica and the Brunch and Ball mentoring program demonstrate the organization's commitment to tackling these pressing issues. Their mission to develop and deliver innovative pathways and solutions aligns with their goal of improving communities and addressing persistent challenges. Through their efforts, Cornerstone Collaborative Florida Inc is making a tangible impact in West Palm Beach and beyond, working towards a future where poverty and violence are less prevalent.
This information is meant to be a general summary of Cornerstone Collaborative Florida 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: $3,498
- Gross Receipts: $55,612
Assets and Liabilities:
- Total Assets: $78,280
- Total Liabilities: $77,494
- Net Assets: $786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NFP Advisory Services
Revenue
$3,498
Organization Details
Founding Year
2018
Phone
(561) 413-3389Principal Officer
Keenyn Mcfarlane
Main Address
500 S Australian Ave Ste 600 Ste PM, West Palm Beach, FL, 33401
Website
www.cornercollab.orgNTEE Category
Code: S20 - Community improvement
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