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Human Services : Youth Development, Shelter, and Crisis Services

The Carver Foundation of Norwalk

Building Lifetime Achievers

four stars

92.45

7 Academy Street Norwalk, CT 06850
tel: (203) 838-4305   Web Site
EIN: 06-0862072

Board Leadership
Diana Napier
President

CEO
Novelette Peterkin
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 92.45 four stars
  Financial 89.76 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Founded in 1938 as a neighborhood community center, The Carver Foundation of Norwalk (Carve) today is the largest provider of free after-school programs for middle and high school students in Norwalk, CT. Carver's free after-school Youth Development Program began its expansion into Norwalk Public Schools in 2008, and is now conducted in the Carver Community Center and in Norwalk's four middle and two high schools. Carver also offers college scholarship funds and multiple summer programs, winning basketball travel teams, international learning opportunities, a parent leadership academy, health and wellness programming, spring and fall college tours, food drives, community holiday events and more for the benefit of the Norwalk community.

Founded in 1938 as a neighborhood community center, The Carver Foundation of Norwalk (Carve) today is the largest provider of free after-school programs for middle and high school students in Norwalk, CT. Carver's free after-school Youth Development Program began its expansion into Norwalk Public Schools in 2008, and is now conducted in the Carver Community Center and in Norwalk's four middle and two high schools. Carver also offers college scholarship funds and multiple summer programs, winning basketball travel teams, international learning opportunities, a parent leadership academy, health and wellness programming, spring and fall college tours, food drives, community holiday events and more for the benefit of the Norwalk community.

Impact Information

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Financial

three stars

89.76

Accountability & Transparency

four stars

97.00

This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.5%
  Administrative Expenses 10.6%
  Fundraising Expenses 8.8%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 0.29
  Program Expenses Growth 6.6%
  Liabilities to Assets 15.2%
All data for Financial Performance Metrics calculations was provided by The Carver Foundation of Norwalk on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Carver Foundation of Norwalk on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Carver Foundation of Norwalk (CT) 92.45 four stars
Youth Empowerment Project (LA) 89.66 three stars
Boys & Girls Clubs of Central Orange Coast (CA) 93.57 four stars
Girl Scouts of North-Central Alabama (AL) 88.22 three stars
Boy Scouts of America, Heart of Virginia Council (VA) 85.45 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,661,064
   Federated Campaigns $0
   Membership Dues $400
   Fundraising Events $66,678
   Related Organizations $0
   Government Grants $2,875,901
Total Contributions $4,604,043
   Program Service Revenue $287,881
Total Primary Revenue $4,891,924
   Other Revenue $367,563
TOTAL REVENUE $5,259,487
   
EXPENSES  
   Program Expenses $2,826,566
   Administrative Expenses $125,419
   Fundraising Expenses $355,917
TOTAL FUNCTIONAL EXPENSES $3,307,902
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,951,585
   
Net Assets $2,801,326

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
After-school Services for Underprivileged Children $2,826,566 100.0%

Ratings History
The Carver Foundation of Norwalk has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 06/01/2018 92.45 four stars
2016-06 05/01/2017 91.17 four stars
2015-06 06/01/2016 86.50 three stars
 
CN 2.0
2015-06 03/01/2016 91.48 four stars
2015-06 02/01/2016 90.15 four stars
2014-06 08/01/2015 89.98 three stars
2013-06 05/01/2014 86.00 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 06-0862072
Name in IRS Master File CARVER FOUNDATION OF NORWALK INC
NTEE Code P30
NTEE Classification Children's, Youth Services
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1944
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$152,250 4.60% Novelette Peterkin Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Carver Foundation of Norwalk (CT) 92.45 four stars
TGR Foundation, A Tiger Woods Charity (CA) 91.49 four stars
Boy Scouts of America, Bucksin Council (WV) 85.81 three stars
Boy Scouts of America, Grand Teton Council (ID) 87.93 three stars
Boys & Girls Clubs of Central New Hampshire (NH) 90.68 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Carver Foundation of Norwalk
7 Academy Street
Norwalk, CT 06850
tel: (203) 838-4305
fax: (203) 838-4197
EIN: 06-0862072

Visit Web Site

Board Leadership

Diana Napier
President

CEO

Novelette Peterkin
Executive Director

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