Overview
What is Carolina Federation Fund?
Carolina Federation Fund is a nonprofit organization situated in Durham, North Carolina. With a focus on community organizing, civic education, and leadership development, they strive for economic, racial, gender, and environmental justice for all North Carolina residents. By engaging thousands of residents in Forsyth and Guilford Counties, they identify new leaders and work collectively to tackle local, statewide, and national issues that impact the state's population. Their activities primarily revolve around educating communities and nurturing leaders to address these concerns, promoting a more equitable and just society for the state's residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%)
The Carolina Federation Fund has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement. While the organization exhibits strong accountability measures, such as having a majority of independent board members and low liabilities to assets ratio, there are significant shortcomings, particularly in transparency and financial reporting.
The fund has a high program expense ratio of 74.75%, demonstrating a commitment to allocating resources towards its mission. However, the absence of financial statements and other key policies, such as a whistleblower policy and document retention guidelines, raises concerns regarding the overall governance and transparency of the organization. The lack of posted tax forms on its website also limits public access to important financial information.
In summary, while the Carolina Federation Fund shows promise through its program spending and independent governance, the notable gaps in transparency and financial documentation suggest that potential donors should approach with caution. Improving these areas could enhance their overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Carolina Federation Fund legitimate?
Carolina Federation Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Federation Fund 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: $119,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Carolina Federation Fund?
The Carolina Federation Fund serves as a community organizing, civic education, and leadership development organization, advocating for economic, racial, gender, and environmental justice for all North Carolina residents. By providing community education and leadership training, they aim to empower multi-racial groups to tackle pressing local, statewide, and national issues impacting the state's population.
Who is the CEO of Carolina Federation Fund?
Theodore Luebke is the Board Member of Carolina Federation Fund.
What is the revenue of Carolina Federation Fund?
Carolina Federation Fund's revenue in 2022 was $1,275,241.
Who are the executives of Carolina Federation Fund and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Carolina Federation Fund?
Carolina Federation Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carolina Federation Fund
The Carolina Federation Fund, as a community organizing, civic education, and leadership development organization, is dedicated to fostering economic, racial, gender, and environmental justice for all residents of North Carolina. By engaging in community education and leadership training, the organization aims to empower multi-racial groups to tackle local, statewide, and national issues that affect the people of the state. Its mission is to develop the capacities of diverse communities, enabling them to address challenges that impact their livelihoods and well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Carolina Federation Fund's impact is evident in its commitment to economic, racial, gender, and environmental justice for all residents of North Carolina. Through community organizing, civic education, and leadership development initiatives, the organization has successfully engaged thousands of residents in Forsyth and Guilford Counties, identifying and nurturing new leaders. By building the capacities of diverse groups to address local, statewide, and national issues, Carolina Federation Fund is actively working towards creating a more just and equitable society for the people of North Carolina.
This information is meant to be a general summary of Carolina Federation Fund. 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: $1,275,241
Assets and Liabilities:
- Total Assets: $761,907
- Total Liabilities: $16,139
- Net Assets: $745,768
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2019
Phone
(919) 485-9329Principal Officer
Theodore Luebke
Main Address
Po Box 62212, Durham, NC, 27715
NTEE Category
Code: P20 - Human services
If you are a representative of Carolina Federation Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.