Overview
What is The Colleagues Inc?
The Colleagues Inc, located at 3312 Pico Boulevard, Santa Monica, CA 90405, is a charitable organization that actively contributes to supporting initiatives aimed at caring for abused children. During their fiscal year, they generously donated $365,000 to The Joyful Heart Foundation, a recognized 501(c)(3) organization. The Colleagues Inc's mission is centered around raising funds that contribute to crucial programs designed for the betterment and safety of these vulnerable children.
Official website here: www.thecolleagues.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating. This rating indicates a good level of accountability and financial health, as it is calculated entirely based on the Accountability & Finance beacon score. The charity has performed well in areas like independent board governance and financial transparency.
The organization boasts a fully independent board, achieving a perfect score in that category, and it maintains strong financial practices, with an impressive 96.93% of its expenses allocated to programs. This demonstrates a commitment to its mission and effective use of resources. Most of the relevant policies are in place, contributing to positive accountability measures.
However, there are some limitations noted, particularly the absence of a whistleblower policy and a document retention policy, which could enhance its governance framework. Despite these minor gaps, The Colleagues Inc shows a strong commitment to accountability and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Colleagues Inc legitimate?
The Colleagues Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Colleagues 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
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Official website here: www.thecolleagues.com
What is the mission statement of The Colleagues Inc?
The Colleagues Inc, as an organization, is dedicated to raising funds to support programs that care for abused children. Their primary mission is to provide financial assistance to organizations working towards the well-being and recovery of these children. During the fiscal year, they were able to donate a significant sum of $365,000 to The Joyful Heart Foundation, a qualified 501(c)(3) organization, further highlighting their commitment to this cause. The Colleagues Inc's efforts aim to contribute to the betterment and protection of abused children, offering them a chance at a safer and more hopeful future.
Official website here: www.thecolleagues.com
What is the revenue of The Colleagues Inc?
The Colleagues Inc's revenue in 2023 was $972,539.
Official website here: www.thecolleagues.com
Who are the executives of The Colleagues Inc and what are their salaries?
There 25 volunteers at The Colleagues Inc.
Here are 6 key members and their salaries:
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Official website here: www.thecolleagues.com
Where can I find the form 990 for The Colleagues Inc?
The Colleagues Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thecolleagues.com
Learn more at the official website: www.thecolleagues.com
Mission Statement of The Colleagues Inc
The Colleagues Inc, as a nonprofit organization, is dedicated to raising funds to support programs that care for abused children. Their primary mission is to channel financial resources towards initiatives aimed at aiding and uplifting children who have suffered from abuse. During the fiscal year, The Colleagues Inc successfully donated $365,000 to The Joyful Heart Foundation, a recognized 501(c)(3) organization, further emphasizing their commitment to this cause. The Colleagues Inc's contributions and efforts underscore their unwavering support for organizations working towards the betterment and protection of abused children.
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Impact
July, 2024
The impact of The Colleagues Inc is significant in supporting programs that care for abused children. During the fiscal year, they were able to donate $365,000.00 to The Joyful Heart Foundation, a qualified 501(c)(3) organization. This financial support directly contributes to helping abused children receive the care and resources they need to heal and thrive. Their mission to raise funds for this cause makes a positive impact on the lives of vulnerable children in need.
This information is meant to be a general summary of The Colleagues 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 2023.
- Investment Income: $15
- Program Service Revenue: $203,333
- Gross Receipts: $1,226,727
Assets and Liabilities:
- Total Assets: $647,214
- Total Liabilities: $3,765
- Net Assets: $643,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF DONATED GOODS
Revenue
$203,333
Organization Details
Founding Year
1950
Principal Officer
Bridget Gless Keller
Website
www.thecolleagues.comNTEE Category
Code: P110 - Human services
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