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Bags Foundation Ct Inc

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

EIN: 472267166 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

Overview

What is Bags Foundation Ct Inc?

Bags Foundation Ct Inc is a nonprofit organization situated in Waterbury, Connecticut, serving the local community. Its primary focus is on supporting after-school programs and summer activities for low-income inner-city youth. By operating these programs, the foundation aims to provide a safe and enriching environment for these young individuals during non-school hours. The organization's mission is deeply rooted in its commitment to uplift and support the youth from underprivileged backgrounds in Waterbury.


Official website here: www.bagsfoundationct.com

Is Bags Foundation Ct Inc legitimate?

Bags Foundation Ct Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bags Foundation Ct 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $744,151

For more financial information, click here


Official website here: www.bagsfoundationct.com

What is the mission statement of Bags Foundation Ct Inc?

Bags Foundation Ct Inc's mission is centered around supporting after-school and summer programs for youth from low-income inner-city communities. Their mission is to enhance these educational initiatives, aiming to make a positive impact on the lives of these young individuals. The organization's primary objective is to provide the necessary resources and assistance to ensure the success and effectiveness of these programs. By doing so, they strive to contribute to the personal growth and development of the youth, ultimately fostering a more positive and productive future for them.


Official website here: www.bagsfoundationct.com

Who is the CEO of Bags Foundation Ct Inc?

Nakia Reddick Reddick is the Executive Director of Bags Foundation Ct Inc.


Official website here: www.bagsfoundationct.com

What is the revenue of Bags Foundation Ct Inc?

Bags Foundation Ct Inc's revenue in 2022 was $1,209,126.


Official website here: www.bagsfoundationct.com

Who are the executives of Bags Foundation Ct Inc and what are their salaries?

The average compensation at Bags Foundation Ct Inc during 2022 was $16,177. There are 46 employees at Bags Foundation Ct Inc.

Here are 6 key members and their salaries:

    Nakia Reddick (Executive Director)
  • Compensation: $71,900
  • Related: $0
  • Other: $0

    • Brittany Wilkes (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Searless (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Bannon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Dibattista (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor Lopez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bagsfoundationct.com

    Where can I find the form 990 for Bags Foundation Ct Inc?

    The Bags Foundation Ct Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bagsfoundationct.com

    Learn more at the official website: www.bagsfoundationct.com

    Mission Statement of Bags Foundation Ct Inc

    Bags Foundation Ct Inc, a nonprofit organization, is committed to supporting the afterschool programs and summer activities of low-income inner city youth. Their mission is to provide the necessary resources and assistance to ensure these programs are successful and beneficial for the youth in question. By operating these programs, the foundation aims to contribute positively to the lives of these young individuals, helping them navigate their formative years with the necessary support and guidance. This mission is instrumental in providing a safe and enriching environment for inner city youth, fostering their personal growth and development.

    Impact

    This information is meant to be a general summary of Bags Foundation Ct Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Bags Foundation Ct Inc's impact can be seen in the positive support it provides for after school programs and summer programs for low-income inner city youth in Waterbury, CT. Through its dedicated efforts, the organization is making a meaningful difference in the lives of young individuals in need. By offering these programs, Bags Foundation Ct Inc is contributing to the development and growth of youth in the community, ultimately helping to create a brighter future for them.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $192,089
  • Gross Receipts: $1,209,126

    • Assets and Liabilities:
  • Total Assets: $137,983
  • Total Liabilities: $110,624
  • Net Assets: $27,359
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    YOUTH PROGRAM REVENUE

    Revenue

    $192,089

    Organization Details

    Founding Year

    2014

    Principal Officer

    Nakia Reddick Reddick

    Main Address

    541 WOLCOTT STREET, Waterbury, CT, 06705

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of Bags Foundation Ct Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.