Overview
What is 305 Gives Back Inc?
305 Gives Back Inc, located at 396 Alhambra Circle, Coral Gables, Florida 33134, is a nonprofit organization that takes action during natural disasters. Their primary mission is to offer relief and make donations to organizations categorized as exempt under Section 501(C)(3) of the Internal Revenue Code. Specifically, they provided supplies for victims affected by Hurricane Ian. This charitable work encompasses both disaster relief and contributions for purposes such as education, religion, and scientific research, among others. Their goal is to support various charitable causes, ensuring they reach the intended beneficiaries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
305 Gives Back Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The charity's overall score is based entirely on this single beacon score, highlighting its commitment to responsible financial practices.
One of the notable strengths of 305 Gives Back Inc is its governance structure, with 100% of its board members being independent, which is crucial for maintaining transparency and objectivity in decision-making. Additionally, the organization has demonstrated exemplary financial health, evidenced by no liabilities to assets ratio and a high program expense ratio of 95.57%. These figures indicate that the majority of its expenditures are directed towards its programs rather than overhead.
However, while the charity's performance in these areas is commendable, potential donors may still want to consider further qualitative aspects, such as the impact of its programs and community engagement, which are not reflected in the financial metrics alone. Overall, the organization appears to maintain effective financial governance and transparency, making it a potentially reliable choice for philanthropic contributions.
This AI summary has been generated from information found on Charity Navigator.
Is 305 Gives Back Inc legitimate?
305 Gives Back Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 305 Gives Back 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 305 Gives Back Inc?
305 Gives Back Inc is dedicated to providing aid following natural disasters. Their mission encompasses making distributions to organizations that fall under the exempt category of Section 501(C)(3) of the Internal Revenue Code, for charitable, religious, educational, and scientific purposes. These organizations include those focused on disaster relief, as well as those serving other charitable causes. After Hurricane Ian, 305 Gives Back Inc demonstrated their commitment by purchasing and donating necessary supplies to the affected victims.
Who is the CEO of 305 Gives Back Inc?
Armando C Perez is the President of 305 Gives Back Inc.
What is the revenue of 305 Gives Back Inc?
305 Gives Back Inc's revenue in 2022 was $33,304.
Who are the executives of 305 Gives Back Inc and what are their salaries?
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 305 Gives Back Inc?
305 Gives Back Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 305 Gives Back Inc
305 Gives Back Inc is a nonprofit organization dedicated to providing disaster relief following natural disasters. Their mission is multifaceted, encompassing the distribution of resources to charitable, religious, educational, and scientific organizations that are exempt under Section 501(C)(3) of the Internal Revenue Code. In simpler terms, 305 Gives Back Inc seeks to offer aid and assistance to various sectors of society in need, particularly during times of natural calamities. Recently, they demonstrated their commitment to this mission by donating supplies to the victims of Hurricane Ian. By doing so, they continue to demonstrate their role as a supportive force in times of crisis.
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Impact
August, 2024
305 Gives Back Inc has had a significant impact by providing disaster relief following natural disasters, such as Hurricane Ian. Through their efforts, they have bought and donated supplies to assist the victims of these disasters. Additionally, they make distributions for charitable, religious, educational, and scientific purposes to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code. Their work has made a difference in the lives of those affected by disasters and has supported various charitable causes.
This information is meant to be a general summary of 305 Gives Back 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: $33,304
Assets and Liabilities:
- Total Assets: $20,788
- Total Liabilities: $0
- Net Assets: $20,788
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Organization Details
Founding Year
2019
Phone
(305) 446-3022Principal Officer
Armando C Perez
Main Address
396 ALHAMBRA CIRCLE 900, CORAL GABLES, FL, 33134
NTEE Category
Code: Q33 - International
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