Overview
What is Community Re-Engineering Inc?
Community Re-Engineering Inc, located in Santa Fe Springs, California, is a nonprofit organization that demonstrates a commitment to enhancing educational and youth programs within the local community. Their primary activity involves granting scholarships and financial aid to various community organizations, thereby facilitating their charitable objectives and educational initiatives. The organization's mission encompasses not only improving these programs but also fostering community involvement. The selection process for recipients is managed by the schools' selection committees, allowing them to establish their own criteria and maintain control over their scholarship programs. Community Re-Engineering Inc plays a supporting role in this process, leaving the primary decision-making to the schools and community organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating. This rating indicates that Community Re-Engineering Inc has room for improvement, particularly in governance and transparency. The organization currently scores well in areas like program expense ratio, suggesting that a significant portion of its funds goes directly to its mission-oriented activities.
However, the charity exhibits notable weaknesses in board independence, with no independent board members, which raises concerns about the oversight and governance of the organization. Additionally, the absence of a whistleblower policy and missing website disclosures may impact its transparency and accountability.
Despite these limitations, the charity has been recognized for its strong financial health, demonstrated by a zero liability to assets ratio and a high program expense ratio of 94.31%. This indicates effective management of resources toward achieving its goals. Still, improving governance practices and enhancing transparency would be beneficial for future growth and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Community Re-Engineering Inc legitimate?
Community Re-Engineering Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Re-Engineering 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 Community Re-Engineering Inc?
Community Re-Engineering Inc's mission is centered around improving educational programs and youth initiatives within the local community. The organization has the authority to select projects or programs based on solicitations received and referrals made by local schools and community organizations. The schools have their own selection committees, which have complete discretion in creating selection criteria, choosing recipients, and managing the scholarship program. Community Re-Engineering Inc, however, does not participate in the selection process itself.
Who is the CEO of Community Re-Engineering Inc?
Mi R Song is the CEO of Community Re-Engineering Inc The CEO's salary of Community Re-Engineering Inc is $0 and their total compensation is $0.
What is the revenue of Community Re-Engineering Inc?
Community Re-Engineering Inc's revenue in 2024 was $159,954.
Who are the executives of Community Re-Engineering Inc and what are their salaries?
There 3 volunteers at Community Re-Engineering Inc.
Here are 4 key members and their salaries (Community Re-Engineering Inc's CEO's salary is $0 and their total compensation is $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
Where can I find the form 990 for Community Re-Engineering Inc?
Community Re-Engineering Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Community Re-Engineering Inc
Community Re-Engineering Inc, as a nonprofit organization, is dedicated to improving educational and community youth programs. Their mission is multifaceted, aiming to enhance the educational sector and engage the community's youth. The organization operates at the discretion of its board of directors, selecting programs and initiatives based on solicitations received and referrals made by local school districts and community organizations.
The schools involved in this partnership have their own selection committees, which allows them to establish their own criteria and choose recipients for the programs. Community Re-Engineering Inc does not intervene in this process, maintaining a hands-off approach to ensure the autonomy of the schools and the effectiveness of their chosen initiatives. This approach allows the organization to focus on its primary goal of improving area school educational and community youth programs, ultimately fostering a more enriched environment for the youth and the community.
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Impact
October, 2024
Community Re-Engineering Inc significantly enhances educational and youth programs in the Santa Fe Springs area. By providing scholarships and grants to local community organizations, it enables targeted support that directly contributes to the improvement of school-based educational initiatives and youth engagement. The organization empowers school districts and community groups to independently select recipients, allowing for tailored solutions that meet the specific needs of the community. This approach fosters local involvement and collaboration, creating a vibrant environment for educational growth and community development. Through its mission, Community Re-Engineering Inc plays a vital role in strengthening the foundation of education and youth programs, ultimately enriching the lives of students and families in the region.
This information is meant to be a general summary of Community Re-Engineering 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: $27,230
- Gross Receipts: $666,239
Assets and Liabilities:
- Total Assets: $1,106,931
- Total Liabilities: $0
- Net Assets: $1,106,931
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Organization Details
Founding Year
1997
Principal Officer
Mi R Song
NTEE Category
Code: B82 - Education
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