Overview
What is Nuestras Raices Inc?
Nuestras Raices Inc is a nonprofit organization situated in Baltimore, Maryland, specifically at 3403 Gough Street. Their primary focus is to support and empower the local Latino community by offering various services. These include training, education, mentoring, and financial aid to cultural organizations, associations, marching bands, and folkloric groups. They also plan, organize, implement, and sponsor community cultural events, such as educational workshops, parades, and cultural festivals, to preserve and promote the richness and diversity of Hispanic-Latino culture and heritage within the Baltimore metropolitan region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Nuestras Raices Inc has achieved an impressive rating of 94%, indicating a high level of accountability and financial health. This strong score reflects their commitment to transparency and effective management practices, which are essential for maintaining donor trust and support. The organization boasts a fully independent board, with all 10 members meeting the criteria, further enhancing its governance standards.
The organization's financial metrics are commendable, with a program expense ratio of 94.52%, meaning that a significant portion of its resources is directed toward its programs rather than administrative costs. Additionally, Nuestras Raices Inc has no liabilities relative to its assets, demonstrating strong financial stability. Their comprehensive policies on conflict of interest and whistleblower protections showcase a commitment to ethical practices.
While the overall metrics are positive, ongoing monitoring of their performance and impact remains essential to ensure that the charity continues to fulfill its mission effectively. The high ratings are a testament to their operational integrity, positioning them as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Nuestras Raices Inc legitimate?
Nuestras Raices Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nuestras Raices 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
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What is the mission statement of Nuestras Raices Inc?
Nuestras Raices Inc's mission is centered around promoting and preserving the richness and diversity of the Hispanic-Latin culture within the Baltimore metropolitan region. This organization strives to achieve this goal by providing education, mentorship, and financial support to various cultural organizations, associations, marching bands, and folkloric groups within the Latino community. Furthermore, Nuestras Raices Inc organizes and sponsors community cultural events, such as educational workshops, parades, and cultural festivals, to foster a deeper understanding and appreciation for their heritage.
Who is the CEO of Nuestras Raices Inc?
Angelo Solera is the Member of Nuestras Raices Inc.
What is the revenue of Nuestras Raices Inc?
Nuestras Raices Inc's revenue in 2022 was $174,682.
Who are the executives of Nuestras Raices Inc and what are their salaries?
There 15 volunteers at Nuestras Raices Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Nuestras Raices Inc?
Nuestras Raices Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nuestras Raices Inc
Nuestras Raices Inc, a nonprofit organization, is committed to celebrating the richness and diversity of the Hispanic-Latino culture and heritage within the Baltimore metropolitan region. Their mission is threefold: education, promotion, and preservation. They strive to educate the community about the Hispanic-Latino culture and heritage, promote its value, and work towards its preservation.
To achieve this mission, Nuestras Raices Inc provides various resources and opportunities. They offer training, education, mentoring services, and financial support to local cultural organizations, associations, marching bands, and folkloric groups. This support helps these entities to thrive and continue sharing their culture with the community.
Moreover, Nuestras Raices Inc is actively involved in organizing and sponsoring community cultural events. These events include educational workshops, parades, and cultural festivals. By doing so, they provide a platform for the community to engage in cultural activities, learn about different aspects of the Hispanic-Latino culture, and celebrate its diversity. This mission of Nuestras Raices Inc is vital in promoting cultural understanding and appreciation within the community.
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Impact
October, 2024
Nuestras Raices Inc plays a vital role in the Baltimore metropolitan region by educating, promoting, and preserving the richness and diversity of Hispanic-Latino culture and heritage. Through training, mentorship, and financial support, it empowers Latino community cultural organizations, associations, marching bands, and folkloric groups. The organization fosters cultural appreciation and community engagement by planning and sponsoring educational workshops, parades, and cultural festivals. This impactful work not only strengthens community ties but also enriches the broader cultural landscape of Baltimore, highlighting the value and contributions of Hispanic-Latino heritage.
This information is meant to be a general summary of Nuestras Raices 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.
- Gross Receipts: $174,682
Assets and Liabilities:
- Total Assets: $38,357
- Total Liabilities: $0
- Net Assets: $38,357
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Organization Details
Founding Year
2019
Principal Officer
Angelo Solera
Main Address
3403 GOUGH ST, BALTIMORE, MD, 21224
NTEE Category
Code: A23 - Arts
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