Overview
What is Change Authority Inc?
Change Authority Inc is a nonprofit organization located in Fuquay Varina, North Carolina. Committed to poverty reduction, they collaborate with mission-aligned organizations to expand their impact on equity. Their initiatives include delivering food relief to families in Wake, Duplin, and Chatham counties, providing assistance through food relief groups, Society of St. Andrews, and Kind Bars. Additionally, they distribute financial aid to families in need and allocate funds for food support through grant-directed funding. By purchasing food from ALDI and Kind Bars, Change Authority Inc ensures the continuous provision of nourishment for the communities they serve.
Official website here: www.thechangeauthority.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
Change Authority Inc has received a solid rating of 82%, indicative of its commitment to accountability and financial integrity. The organization's score is derived entirely from its performance in the Accountability & Finance beacon, showcasing a dedicated focus on maintaining high standards in these areas. The evaluation highlights strong governance practices, with 100% independent board members, effective policies in place, and transparency in operations.
Strengths of Change Authority Inc include a high program expense ratio of 90.94%, demonstrating that a significant portion of its funds is directed toward its charitable activities. Additionally, the absence of material diversion of assets reflects prudent management and ethical stewardship of resources. The presence of comprehensive policies regarding conflicts of interest and whistleblower protections further enhances the organization’s credibility.
However, the organization faces challenges, particularly indicated by its liabilities to assets ratio of 3166.48%, which raises concerns about financial stability. While the high score in accountability is commendable, stakeholders may wish to monitor the organization’s financial health closely, especially considering the extreme liabilities reported. Overall, Change Authority Inc displays strong governance but needs to address its financial liabilities to ensure sustainable operations.
This AI summary has been generated from information found on Charity Navigator.
Is Change Authority Inc legitimate?
Change Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Change Authority 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
Official website here: www.thechangeauthority.org
What is the mission statement of Change Authority Inc?
Change Authority Inc's mission is centered around reducing poverty by collaborating with mission-aligned organizations. Their strategy aims to amplify equity for all people by engaging in shared projects and providing training. The organization has demonstrated its commitment by distributing food to over 600 families in several counties, sourcing produce and snacks from organizations like the Society of St. Andrews and Kind Bars. Additionally, they have provided financial assistance to families in need, distributing funds to Chatham and Duplin counties. Furthermore, they have utilized grant funding to support a local food pantry and an at-risk after-school program in Duplin.
Official website here: www.thechangeauthority.org
Who is the CEO of Change Authority Inc?
Natalie Stewart is the Board President of Change Authority Inc.
Official website here: www.thechangeauthority.org
What is the revenue of Change Authority Inc?
Change Authority Inc's revenue in 2023 was $42,226.
Official website here: www.thechangeauthority.org
Who are the executives of Change Authority Inc and what are their salaries?
There 11 volunteers at Change Authority Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.thechangeauthority.org
Where can I find the form 990 for Change Authority Inc?
Change Authority Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thechangeauthority.org
Learn more at the official website: www.thechangeauthority.org
Mission Statement of Change Authority Inc
Change Authority Inc, a nonprofit organization, is committed to reducing poverty by collaborating with mission-aligned partners. Their mission is to amplify equity for all people by leveraging shared projects and training opportunities. Through this approach, they aim to enhance their collective impact in the fight against poverty.
The Change Authority has implemented various strategies to achieve its mission. One of their initiatives involves distributing food relief to families in need. They have delivered over 19,000 pounds of food to more than 600 families across Wake, Duplin, and Chatham counties. Additionally, they source free produce and snacks from organizations like the Society of St. Andrews and Kind Bars, and purchase food from ALDI and Kind Bars to further support their relief efforts.
Furthermore, Change Authority Inc provides financial assistance to families in need. They have distributed $500 to 30 families in Chatham and 20 families in Duplin. Additionally, they have utilized grant-directed funding to provide $200 of food support to a Chatham food pantry and an at-risk after-school program in Duplin.
In summary, Change Authority Inc is a nonprofit organization dedicated to reducing poverty through partnership and collaboration. They achieve this by distributing food relief, providing financial assistance, and collaborating with mission-aligned partners to amplify their collective impact in the fight against poverty.
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Impact
August, 2024
Change Authority Inc's impact can be seen directly through its poverty reduction strategies employed in partnership with mission-aligned organizations. The organization has delivered over 19,000 lbs of food to more than 600 families in Wake, Duplin, and Chatham counties through collaborations with food relief groups. They have provided free produce and snacks sourced through the Society of St. Andrews and Kind Bars, as well as purchased food from ALDI and Kind Bars. Additionally, Change Authority Inc has distributed financial support to families in need, with $500 given to 30 Chatham families and 20 Duplin families, and $200 in food support directed to a Chatham food pantry and a Duplin at-risk after-school program. Through these efforts, Change Authority Inc is making a tangible impact in addressing food insecurity and poverty in the community.
This information is meant to be a general summary of Change Authority 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 2023.
- Gross Receipts: $42,226
Assets and Liabilities:
- Total Assets: $182
- Total Liabilities: $5,763
- Net Assets: -$5,581
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Organization Details
Founding Year
2019
Phone
(919) 397-3896Principal Officer
Natalie Stewart
Main Address
4204 Standsted Drive, Fuquay Varina, NC, 275266835
Website
www.thechangeauthority.orgNTEE Category
Code: P20 - Human services
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