Overview
What is Construyendo Futuros Inc?
Construyendo Futuros Inc is a 501(C)(3) nonprofit organization, headquartered in Sunny Isles, Florida. The primary focus of this organization is to aid vulnerable groups affected by the humanitarian crisis in Venezuela. They accomplish this by implementing balanced meal programs in schools and communities with financial and social instability. These initiatives aim to provide nourishment, fostering growth and development amidst challenging circumstances. Construyendo Futuros Inc also strives to establish education centers in communities with limited financial resources. This mission is instrumental in enhancing educational opportunities for those who might otherwise be deprived of such resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Construyendo Futuros Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while some aspects of the organization are commendable, there is significant room for improvement. The nonprofit boasts a perfect score in some areas, such as having 100% independent board members and a strong program expense ratio of 100%. However, the absence of financial statements and critical governance policies raises concerns about transparency and accountability.
The organization is fully compliant in terms of board independence and has demonstrated responsible management of assets, with no material diversions noted. Nonetheless, the lack of a website listed on their tax form and missing conflict of interest and whistleblower policies suggest deficiencies in operational governance that may affect stakeholder trust and support.
Overall, while Construyendo Futuros Inc shows strengths in specific financial metrics and governance structures, their rating reflects significant weaknesses in essential transparency practices. Addressing these issues could enhance their score and strengthen community confidence in their mission and operations.
This AI summary has been generated from information found on Charity Navigator.
Is Construyendo Futuros Inc legitimate?
Construyendo Futuros Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construyendo Futuros 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
What is the mission statement of Construyendo Futuros Inc?
Construyendo Futuros Inc, as per its mission statement, is established under the IRS Publication 557 Section 501(C)(3) Organization of the Internal Revenue code of 1986, with the purpose of raising funds for education centers. This organization aims to serve communities with limited financial resources. The primary objective of Construyendo Futuros Inc is to operate exclusively for this cause, ensuring that these education centers can be established. This mission is in line with the organization's commitment to enhancing educational opportunities in financially challenged communities.
Who is the CEO of Construyendo Futuros Inc?
Ilana Cohen is the Director of Construyendo Futuros Inc.
What is the revenue of Construyendo Futuros Inc?
Construyendo Futuros Inc's revenue in 2022 was $6,424,920.
Who are the executives of Construyendo Futuros Inc and what are their salaries?
There 3 volunteers at Construyendo Futuros 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
Where can I find the form 990 for Construyendo Futuros Inc?
Construyendo Futuros Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Construyendo Futuros Inc
Construyendo Futuros Inc, as per its establishment within the IRS Publication 501(C)(3), operates with a mission to raise funds for educational centers situated in communities with limited financial resources. The primary objective of this nonprofit organization is to provide educational opportunities, thereby enriching the lives of individuals in these under-resourced areas. By establishing and supporting these educational centers, Construyendo Futuros Inc aims to contribute positively to the development of these communities, fostering growth and progress through education.
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Impact
July, 2024
Construyendo Futuros Inc has had a significant impact by providing relief to vulnerable groups affected by the humanitarian crisis in Venezuela. Specifically, the organization has implemented balanced meal programs for schools and communities with financial and social precarity. By focusing on communities with limited financial resources, Construyendo Futuros Inc is actively working to address food insecurity and support educational centers in need. This targeted approach is helping to improve the well-being and educational opportunities for those facing challenging circumstances in Venezuela.
This information is meant to be a general summary of Construyendo Futuros 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.
- Investment Income: $10
- Gross Receipts: $6,424,920
Assets and Liabilities:
- Total Assets: $289,349
- Total Liabilities: $0
- Net Assets: $289,349
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Organization Details
Founding Year
2018
Phone
(305) 873-3700Principal Officer
Ilana Cohen
Main Address
17201 COLLINS AVE SUITE 2808, SUNNY ISLES, FL, 33160
NTEE Category
Code: P20 - Human services
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