Overview
What is Corazon Inc?
Corazon Inc is a nonprofit organization situated in Santa Ana, California, with a US address at 1505 E 17th Street 114. The primary mission of Corazon Inc is to foster a sense of community by supporting families, encouraging service, and promoting self-sufficiency. They strive to establish mutually beneficial relationships that transcend borders. With a modest workforce of three individuals, Corazon Inc's activities are geared towards strengthening families and inspiring positive change in local and international communities.
Official website here: www.corazon.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Corazon Inc has achieved a high level of accountability and financial health, reflected in its 96% rating based entirely on accountability and finance metrics. The organization demonstrates strong governance practices with 100% of its board members being independent, ensuring transparency and effective oversight. Additionally, all financial statements are properly reviewed, and there are no reported material diversions of assets, indicating robust financial management.
User feedback highlights the positive impact Corazon Inc has on the communities it serves, particularly in Tecate and Tijuana. One volunteer expressed a deep appreciation for the services the organization provides, noting significant improvements in these areas over the years. The commitment to service is evident, as volunteers often return with new insights and experiences that deepen their connection to the mission.
Overall, Corazon Inc stands out for its strong financial practices and the tangible benefits it brings to the community. However, ongoing volunteer engagement will be crucial for sustaining its positive impact and continuing to meet the needs identified by both the organization and the communities it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Corazon Inc legitimate?
Corazon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corazon 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: $77,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,679
For more financial information, click here
Official website here: www.corazon.org
What is the mission statement of Corazon Inc?
Corazon Inc's mission is centered around building a community by strengthening families, encouraging service, promoting self-sufficiency, and fostering mutually beneficial relationships across borders. The organization strives to achieve this by empowering families and individuals, enabling them to serve their communities, and inspiring relationships that can bring about positive change. Their goal is to help individuals become self-sufficient and foster relationships that benefit all parties involved, transcending geographical boundaries.
Official website here: www.corazon.org
Who is the CEO of Corazon Inc?
Michael Savage is the President of Corazon Inc.
Official website here: www.corazon.org
What is the revenue of Corazon Inc?
Corazon Inc's revenue in 2022 was $668,489.
Official website here: www.corazon.org
Who are the executives of Corazon Inc and what are their salaries?
The average compensation at Corazon Inc during 2022 was $44,893. There are 3 employees and 554 volunteers at Corazon Inc.
Here are 10 key members and their salaries:
- Compensation: $77,000
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Official website here: www.corazon.org
Where can I find the form 990 for Corazon Inc?
Corazon Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.corazon.org
Learn more at the official website: www.corazon.org
Mission Statement of Corazon Inc
Corazon Inc, a nonprofit organization, is committed to building a stronger community by focusing on family strengthening, enabling service, promoting self-sufficiency, and fostering mutually beneficial relationships across borders. Their mission is to create a supportive environment where families can thrive, empowering them to serve their communities and inspiring relationships that benefit all involved. By investing in families and encouraging self-reliance, Corazon Inc aims to create a more harmonious and interconnected community.
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Impact
July, 2024
Corazon Inc, through its mission of building community by strengthening families, enabling service, promoting self-sufficiency, and inspiring beneficial relationships across borders, has made a significant impact on individuals and communities. By focusing on these areas, Corazon Inc empowers individuals to become self-sufficient, fosters connections that transcend borders, and promotes a sense of community and support among families. Their work not only enhances the lives of those directly involved but also contributes to a more interconnected and compassionate society.
This information is meant to be a general summary of Corazon 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.
- Investment Income: $8,470
- Program Service Revenue: $11,250
- Gross Receipts: $672,127
Assets and Liabilities:
- Total Assets: $441,119
- Total Liabilities: $171,296
- Net Assets: $269,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUS REVENUE
Revenue
$11,250
Organization Details
Founding Year
1978
Phone
(714) 547-0357Principal Officer
Michael Savage
Main Address
1505 E 17TH STREET 114, SANTA ANA, CA, 92705
Website
www.corazon.orgNTEE Category
Code: Q330 - International
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