Overview
What is Correra Family Foundation?
The Correra Family Foundation, located in The Woodlands, Texas, is a nonprofit organization that extends transformative experiences and financial aid to children battling cancer, in addition to supporting their families. This aid encompasses travel and lodging accommodations. The foundation's mission is centered around providing transformative experiences and support to children affected by poverty or illness, ensuring they receive the care they need during challenging times.
Official website here: www.coreafamilyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Correra Family Foundation has received a One-Star rating from Charity Navigator, indicating significant weaknesses in its accountability and finance practices. The overall score is derived entirely from the Accountability & Finance beacon, where the foundation scored 54%. A crucial finding is the lack of independent board members, which raises concerns about governance.
While the foundation exhibits a strong program expense ratio of 93.48%, suggesting that a large portion of its funds is directed towards its mission, several critical policies are missing, including a conflict of interest policy and a whistleblower policy. Additionally, the foundation has not posted its financial statements on its website, which could limit transparency regarding its financial operations.
The organization's lack of independent oversight and missing governance documents may diminish donor trust and raise questions about its operational integrity. Although it has demonstrated effective program spending, the absence of essential accountability measures points to areas where improvement is necessary to enhance credibility and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Correra Family Foundation legitimate?
Correra Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Correra Family 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:
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Professional Fundraising Fees: $0
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For more financial information, click here
Official website here: www.coreafamilyfoundation.org
What is the mission statement of Correra Family Foundation?
The Correra Family Foundation's mission is centered around providing transformative experiences and support for children who are battling illness or are affected by poverty. This mission is carried out by offering transformative experiences and providing financial assistance to these children, specifically those battling cancer. The foundation also extends its support to their families, offering travel and lodging accommodations as needed.
Official website here: www.coreafamilyfoundation.org
Who is the CEO of Correra Family Foundation?
Ricardo Flores is the Vice President of Correra Family Foundation.
Official website here: www.coreafamilyfoundation.org
What is the revenue of Correra Family Foundation?
Correra Family Foundation's revenue in 2022 was $555,135.
Official website here: www.coreafamilyfoundation.org
Who are the executives of Correra Family Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.coreafamilyfoundation.org
Where can I find the form 990 for Correra Family Foundation?
Correra Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coreafamilyfoundation.org
Learn more at the official website: www.coreafamilyfoundation.org
Mission Statement of Correra Family Foundation
The Correra Family Foundation, in its mission, aims to provide transformative experiences and support to children who are impacted by poverty or illness. This nonprofit organization strives to make a significant difference in the lives of these children, offering them more than just financial aid. In the case of children battling cancer, the foundation goes beyond providing financial assistance. They offer transformative experiences to these children, along with support for their families. This support extends to travel and lodging accommodations, ensuring that the families of these young patients can focus on their child's recovery without worrying about logistical challenges.
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Impact
July, 2024
The Correra Family Foundation's impact is profound, providing transformative experiences and vital support to children affected by poverty or illness, specifically those battling cancer. Their dedication to offering financial assistance and accommodations for travel and lodging for both the children and their families is truly life-changing. Through their efforts, they are making a meaningful difference in the lives of those facing immense challenges, offering them hope, comfort, and a sense of community.
This information is meant to be a general summary of Correra Family 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: $555,135
Assets and Liabilities:
- Total Assets: $202,551
- Total Liabilities: -$1,198
- Net Assets: $203,749
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Organization Details
Founding Year
2019
Phone
(787) 290-9290Principal Officer
Ricardo Flores
Main Address
3 CABIN GATE PL, THE WOODLANDS, TX, 77375
NTEE Category
Code: P20 - Human services
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