Martin Luther King Community Development Corporation
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Martin Luther King Community Development Corporation does not meet the following 6 Standards for Charity Accountability:
Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.
Martin Luther King Community Development Corporation does not meet this standard because:
At time of assessment, a regular system of tracking expenses in Excel needed to be developed, and then also, for reporting to the board on financial status. Most accounting procedures coalesce around reporting to grantmakers, and routines need to be established for conveying similar information to board members.
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
Martin Luther King Community Development Corporation does not meet this standard because:
As of the time of assessment, Martin Luther King Community Development Corporation had not yet developed a policy on program effectiveness.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
Martin Luther King Community Development Corporation does not meet this standard because:
In light of the lack of a policy from which to assess effectiveness, the Board of Directors did not receive a written report outlining its program evaluation results during the past year.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
Martin Luther King Community Development Corporation does not meet this standard because:
In light of the lack of insight into cumulative financial information, an Annual Report could not yet be constructed for the organization for this review cycle. As that is improved upon for the next cycle, it is anticipated this can be readily resolved.
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
Martin Luther King Community Development Corporation does not meet this standard because:
At time of assessment, organization’s financial disclosure information as specified by this standard was not available to donors at their website’s Donate page.
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
Martin Luther King Community Development Corporation does not meet this standard because:
At time of assessment, a privacy policy meeting all of the criteria of this standard was not accessible on the organization's website.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 3, 4, 5, 8, 9, 10, 11, 12, 13, 14, 15
Martin Luther King Community Development Corporation meets the remaining 2 Standards for Charity Accountability.
Stated Purpose:
To improve the educational, residential and socio-economic needs of the community.
Year, State Incorporated:
2003, LA
The Martin Luther King - Community Development Corporation typically initiates ten to twelve programs per year. This does not include extra programs solicited by other organizations to us. During the months of January-April the organization hires tutors in local Title 1 schools which encompasses six area schools. There are three elementary, one middle school and two high schools. All instructors are certified teachers and the teacher assistants have more than ten years experience in the field of education. The organization also supports senior citizens socialization meetings monthly, which is a great help to their social skills and needs. These meetings include a speaker, bingo games with prizes given and a nutritious meal for all participants. The organization offers other support to the Title 1 schools in the North Shreveport area such as clothing, school supplies, support for school extra curricular activities-ie. Band, JROTC, DECA, Basketball/Football and off campus trips to other states. There is a fund to help with families in need of groceries or other items when emergencies arise within the community. There is a fall community forum generally October with such topics as -Domestic Violence & Responding to Community Emergencies.The organization generally gives away 125 turkey baskets for Thankgiving and cooked dinners for the disabled and elderly. During Christmas children receive items such as coats, underwear, clothing, hats and gloves and taking the elderly shopping. Other organizations assist in this effort with toys and other items such as gift cards for the older children. There has also been support for bicycle drives as a contest for this area in the past. Several other organizations solicit partnerships with the MLK-CDC.
Chair's Profession / Business Affiliation
Not disclosed
Board Size
9
Paid Staff Size
1
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
| Total Income | $0 |
| Total expenses: | $0 |
| Program expenses | $0 |
| Fundraising expenses | $0 |
| Administrative expenses | $0 |
| Other expenses | $0 |
| Income in Excess of Expenses | $0 |
| Beginning Net Assets | $0 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $0 |
| Total Liabilities | $0 |
| Total Assets | $0 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Northeast and Central Louisiana and the Ark-La-Tex