Overview
What is Camden Education Fund Inc?
Camden Education Fund Inc, based in Camden, New Jersey, is a nonprofit organization devoted to enhancing progress in Camden's public-school system. By collaborating with families, schools, and community leaders, CEF identifies citywide educational needs and responds by providing grants and forging strategic partnerships to address these issues. Grantees may encompass schools, non-profits, and universities. The mission of Camden Education Fund Inc is to sustain and accelerate advancements in Camden's public education system.
Official website here: www.camdenedfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Camden Education Fund Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 92%, the organization demonstrates a solid commitment to transparency and ethical governance, evidenced by its fully independent board and comprehensive financial oversight mechanisms.
The nonprofit excels in various financial metrics, including a program expense ratio of 92.15%, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. Additionally, it has no material diversion of assets and maintains a favorable liabilities-to-assets ratio of just 3.34%, which highlights its financial stability and sound management practices.
However, the organization has some room for improvement in fundraising efficiency, with a ratio of $0.002. While this is a minor concern compared to its overall strong financial health, enhancing this aspect could further bolster its sustainability and ability to expand its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Camden Education Fund Inc legitimate?
Camden Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camden Education Fund 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: $198,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $310,334
For more financial information, click here
Official website here: www.camdenedfund.org
What is the mission statement of Camden Education Fund Inc?
The Camden Education Fund Inc is committed to propelling progress in Camden's public school system. They collaborate with families, school partners, and community leaders to pinpoint educational requirements citywide. Through grant provision and strategic partnerships, the organization addresses these identified needs, with grantees potentially being schools, non-profits, and universities.
Official website here: www.camdenedfund.org
What is the revenue of Camden Education Fund Inc?
Camden Education Fund Inc's revenue in 2024 was $1,137,400.
Official website here: www.camdenedfund.org
Who are the executives of Camden Education Fund Inc and what are their salaries?
The average compensation at Camden Education Fund Inc during 2024 was $101,667. There are 5 employees and 4 volunteers at Camden Education Fund Inc.
Here are 7 key members and their salaries:
- Compensation: $198,000
- Related: $0
- Other: $10,144
- Compensation: $145,797
- Related: $0
- Other: $7,618
- 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
Official website here: www.camdenedfund.org
Where can I find the form 990 for Camden Education Fund Inc?
Camden Education Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.camdenedfund.org
Learn more at the official website: www.camdenedfund.org
Mission Statement of Camden Education Fund Inc
Camden Education Fund Inc, a dedicated organization, is committed to sustaining and accelerating progress within Camden's public school system. By collaborating with families, school partners, and community leaders, this nonprofit identifies citywide educational needs and addresses them effectively.
Through the provision of grants and the development of strategic partnerships, Camden Education Fund Inc works tirelessly to address these identified needs. Recipients of these initiatives may include schools, non-profits, and universities, ensuring a comprehensive approach to improving the educational landscape in Camden. By fostering a supportive environment and empowering these entities, Camden Education Fund Inc contributes significantly to the advancement of education in the community.
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Impact
October, 2024
Camden Education Fund Inc plays a crucial role in enhancing the public school system in Camden, New Jersey. By collaborating closely with families, school partners, and community leaders, it identifies the pressing educational needs across the city and mobilizes resources to address them.
Through grants and strategic partnerships, Camden Education Fund supports a variety of initiatives aimed at improving educational outcomes. This can include funding innovative programs, enhancing school facilities, and fostering community engagement to strengthen the educational environment. By focusing on both immediate needs and long-term improvements, the organization is dedicated to fostering a sustained transformation in Camden’s schools, ultimately benefiting students and the broader community.
This information is meant to be a general summary of Camden Education Fund 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 2024.
- Investment Income: $589
- Gross Receipts: $1,137,400
Assets and Liabilities:
- Total Assets: $14,065,801
- Total Liabilities: $797,367
- Net Assets: $13,268,434
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Organization Details
Founding Year
2019
Principal Officer
Jose Brito
Website
www.camdenedfund.orgNTEE Category
Code: B90 - Education
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