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    The Carver Foundation of Norwalk

    The Carver Foundation of Norwalk

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    https://www.carvernorwalk.org/

    7 Academy Street
    Norwalk CT 06850

    203-838-4305


    Norwalk CT | IRS ruling year: 1944 | EIN: 06-0862072  

     

    Organization Mission

    Carver's mission is to close opportunity gaps for all children and to ensure they graduate high school on time and are ready for college and careers.

    Carver operates 47 before-school, after-school, and summer programs serving approximately 2,500 K-12 students in the 20 Norwalk Public Schools, Side by Side Charter School, the Carver Community Center, the Classical Studies Magnet Academy in Bridgeport, Connecticut.

    Carver programming aligns with in-school curricula, takes place within the students' respective schools, and is led by each school's daytime certified teachers. Carver students also receive social-emotional learning and wellness support.

    Since 2005, 100% of our seniors have graduated on time and almost all become first-generation college students. Our alumni are ambitious critical thinkers making their mark in the fields of law, government, medicine, finance, entertainment, professional sports, technology, education, entrepreneurship, and the creative arts.

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 98%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated from multiple beacon scores, weighted as follows: 80% Accountability & Finance, 10% Leadership & Adaptability, 10% Culture & Community. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    97

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 93% independent members10 out of 10 points  
    Independent Board Size - 15 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Missing0 out of 5 points  
    Loans to/from Officers - Missing5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 6.38%25 out of 25 points  
    Program Expense: Ratio - 87.61%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.0925 out of 25 points  
    Working Capital: Ratio - 1.04 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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