Overview
What is Coafrica?
Coafrica is a nonprofit organization based in Salt Lake City, Utah, with a mission to promote education for African children. They achieve this by partnering with local communities to construct necessary classrooms. With an international coalition of sponsors, local mentors, and community members, Coafrica facilitates the construction of needed classrooms, enabling each interested community to fulfill the educational needs of their children. Their operations include a strong commitment to building classrooms, with a team of three dedicated individuals working towards this cause.
Official website here: www.coafrica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating.
Coafrica has received a 69% rating from Charity Navigator, indicating moderate performance in accountability and finance. The organization has a strong independent board and no material diversion of assets, which is a notable strength. Additionally, it excels in managing its liabilities and program expenses effectively.
However, several areas of concern affect its overall score. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises questions about governance practices. Furthermore, the nonprofit has not posted its tax form on its website, which impacts transparency.
Overall, while Coafrica demonstrates solid financial management and governance in certain aspects, the lack of key policies and transparency measures suggests that there is room for improvement in its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Coafrica legitimate?
Coafrica is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coafrica 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: $35,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,963
For more financial information, click here
Official website here: www.coafrica.org
What is the mission statement of Coafrica?
Coafrica's mission is centered around empowering education for all African children. By forming an international coalition of sponsors, local mentors, and communities, Coafrica facilitates the construction of necessary classrooms. This initiative aims to enable interested communities to fulfill the educational needs of their children, thereby unleashing their potential through quality education. Coafrica's work focuses on constructing classrooms in partnership with local communities, thereby contributing to the improvement of educational infrastructure in Africa.
Official website here: www.coafrica.org
Who is the CEO of Coafrica?
Matthew Romney is the Board Chair of Coafrica.
Official website here: www.coafrica.org
What is the revenue of Coafrica?
Coafrica's revenue in 2022 was $2,352,884.
Official website here: www.coafrica.org
Who are the executives of Coafrica and what are their salaries?
The average compensation at Coafrica during 2022 was $15,990. There are 3 employees and 15 volunteers at Coafrica.
Here are 8 key members and their salaries:
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- Other: $0
- Compensation: $35,008
- Related: $0
- Other: $0
Official website here: www.coafrica.org
Where can I find the form 990 for Coafrica?
Coafrica's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coafrica.org
Learn more at the official website: www.coafrica.org
Mission Statement of Coafrica
Coafrica, a nonprofit organization, is committed to unlocking the potential of education for all African children by collaborating with local communities to construct necessary classrooms. By establishing an international coalition of sponsors, local mentors, and communities, Coafrica facilitates the construction of much-needed learning spaces. The ultimate objective of Coafrica is to empower each interested community to address the classroom needs of their children, thereby enhancing their access to quality education.
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Impact
July, 2024
Coafrica's impact lies in its mission to unleash the power of education for all African children by constructing classrooms in partnership with local communities. Through the creation of an international coalition of sponsors, local mentors, and community members, Coafrica facilitates the construction of much-needed classrooms in Africa. By providing funding for classroom construction, Coafrica enables interested communities to meet the educational needs of their children, ultimately contributing to the empowerment and development of future generations across the continent.
This information is meant to be a general summary of Coafrica. 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.
- Investment Income: $3,082
- Gross Receipts: $2,352,884
Assets and Liabilities:
- Total Assets: $1,609,091
- Total Liabilities: $407
- Net Assets: $1,608,684
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Organization Details
Founding Year
2020
Phone
(801) 413-3878Principal Officer
Matthew Romney
Main Address
3546 S MILLHAVEN AVENUE, SALT LAKE CITY, UT, 84109
Website
www.coafrica.orgNTEE Category
Code: Q30 - International
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