Cps Cares Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854366573 ✦ Lakeland, FL ✦ Designated as a 501(c)(3)

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Overview

What is Cps Cares Inc?

Cps Cares Inc, located at 205 E Orange St 310, Lakeland, FL 33801, is a nonprofit organization committed to giving back to its community. It primarily supports local tax-exempt organizations that offer services to vulnerable populations, including veterans, the homeless, the elderly, and those with mental illnesses. To accomplish this mission, Cps Cares Inc organizes and implements charitable projects, making donations to various 501(c)(3) charities such as Lakeland Volunteers in Medicine Inc, JBLT Soccer Inc, Crohn's and Colitis Foundation Inc, Peace River Center for Personal Development Inc, Polk Education Foundation & Business Partnership Inc, Central Florida Speech & Hearing Center's Mr. Central Florida Event, and numerous others. The organization's efforts aim to uplift and provide resources to those in need within its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Stars

CPS Cares Inc has received an 80% overall score, which translates to a Three-Star rating. This rating is based exclusively on their performance in the Accountability & Finance beacon. The organization shows strong governance practices, with a fully independent board and no material diversions of assets, contributing to a solid financial foundation.

The nonprofit has demonstrated excellent financial management, reflected in a program expense ratio of 98.73%. This indicates that the vast majority of their expenses are directed toward their programs rather than administrative costs. Furthermore, their liabilities to assets ratio stands at 0.00%, which is a positive indicator of their financial stability.

While CPS Cares Inc has shown strong accountability and financial practices, the lack of a broader rating may suggest potential areas for improvement in other categories. Overall, the organization appears to be well-managed and committed to its mission, making it a trustworthy option for donors.


This AI summary has been generated from information found on Charity Navigator.

Is Cps Cares Inc legitimate?

Cps Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cps Cares 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 Cps Cares Inc?

Cps Cares Inc's mission is centered around providing funding for local tax-exempt organizations that offer services to vulnerable populations, including veterans, the homeless, the elderly, and mentally ill individuals. The organization's activities involve organizing and implementing charitable projects that align with its mission. This includes making donations to various 501(c)(3) charities, such as Lakeland Volunteers in Medicine Inc, JBLT Soccer Inc, Crohn's and Colitis Foundation Inc, Peace River Center for Personal Development Inc, Polk Education Foundation & Business Partnership Inc, Central Florida Speech & Hearing Center's Mr. Central Florida Event, and numerous others. By providing financial support to these organizations, Cps Cares Inc aims to contribute to the betterment of these vulnerable communities.

Who is the CEO of Cps Cares Inc?

Peter Golotko is the President of Cps Cares Inc.

What is the revenue of Cps Cares Inc?

Cps Cares Inc's revenue in 2022 was $51,771.

Who are the executives of Cps Cares Inc and what are their salaries?

There 53 volunteers at Cps Cares Inc.


Here are 3 key members and their salaries:


Peter Golotko (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Riskin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nolen Bailey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cps Cares Inc?

Cps Cares Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cps Cares Inc

Cps Cares Inc is an organization that is dedicated to funding local tax-exempt organizations engaged in services for vulnerable populations. Specifically, these populations include veterans, the homeless, the elderly, and mentally ill individuals. By providing financial support to these organizations, Cps Cares Inc aims to contribute to their charitable projects and initiatives that align with its mission. This support extends to various 501(c)(3) charities, such as Lakeland Volunteers in Medicine Inc, JBLT Soccer Inc, Crohn's and Colitis Foundation Inc, Peace River Center for Personal Development Inc, Polk Education Foundation & Business Partnership Inc, Central Florida Speech & Hearing Center's Mr. Central Florida Event, and many others. By organizing and implementing these charitable projects, Cps Cares Inc plays a significant role in supporting these vital services for those in need.

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Impact




August, 2024

Cps Cares Inc's impact can be seen in the support and funding it provides to local tax-exempt organizations serving veterans, homeless individuals, the elderly, and those with mental illnesses. By organizing and implementing charitable projects and making donations to various 501(c)(3) charities, Cps Cares Inc contributes to the well-being and assistance of these vulnerable populations in the Lakeland, Florida area. Its efforts help improve the lives of many individuals in need and contribute positively to the community.




This information is meant to be a general summary of Cps Cares 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.

Revenue
$51,771 (2022)
Expenses
$126,604 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,858
  • Gross Receipts: $382,109

Assets and Liabilities:

  • Total Assets: $242,595
  • Total Liabilities: $0
  • Net Assets: $242,595

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Organization Details

Founding Year

2020

Principal Officer

Peter Golotko

Main Address

205 E ORANGE ST 310, LAKELAND, FL, 33801

NTEE Category

Code: X12 - Religion related

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