Centro De Apoyo Familiar

What it reported doing in 2024

Through its services and programs, centro de apoyo familiar (caf) reached and impacted over 55,000 low-to moderate-income families during 2024 in the states of Maryland, Massachusetts, Virginia, puerto rico, and the district of columbia - specifically through the programs and services listed below: housing and asset building services - caf impacted over 15,000 families through a number of housing and asset-building services such as financial literacy workshops, pre-purchase counseling and education workshops, foreclosure prevention counseling, rental counseling, and credit rebuilding counseling programs targeting low- to moderate-income hispanic and immigrant communities. - provided educational workshops to over 4,800 families. - assisted over 10 families with direct financial support to improve credit and help achieve homeownership. - conducted over 50 first-time homebuyer education seminars and financial literacy workshops. - hosted over 10 community outreach fairs, offering valuable financial, housing, and medical resources. - promoted caf's heirs property program in the states of Maryland, d.c., and Massachusetts. - surpassed expectations in the Massachusetts local consumer protection program (caf lcp). Caf lcp accounted for 97% of the total consumer money recovered by all lcps in the first quarter. More than 700 clients were assisted through caf's consumer protection program.caf actively participated in the following committees: 1. Massachusetts uphpa coalition - to enact the uniform partition of heirs property act (uphpa). 2. Collaborative curriculum committee - participated in the creation of the updated chapa homeowner's education curriculum to include estate planning. 3. Purple line corridor coalition (plcc) - improved affordable housing advocacy strategy through the purple line equitable housing training series.community transformation events 1. Caf facilitated over 110 community transformation events, assisting more than 18,000 families through food distribution efforts.nueva esperanza / new hope bilingual elderly program 1. Caf conducted 22 virtual workshops to help prevent isolation and depression, improving the quality of life for more than 380 seniors. The program also provided bi-weekly food distributions directly to elderly homes.caf's capacity building program and its connectors network 1. Caf connected over 400 faith-based organizations to a variety of community resources. In 2024, more than 70 new churches joined the connectors network. Caf trained over 150 community promoters, developing skills in areas such as environmental health, finance, and more.healthy families programs 1. Caf empowered more than 4,000 families by providing emotional, social, economic, and educational support to improve their quality of life in areas such as environmental health, mental health, covid-19 awareness, and more. 2. In 2024, caf continued training its youth eco-promoters, equipping over 30 young leaders in environmental health and community leadership. Through this initiative, a total of 397 youth were positively impacted during the year. Additionally, work began on the second book in the series, emily's impact, following the success of the first publication, evan's impact, available on amazon.caf workforce development program 1. Caf continued its robotics and 3d printing program in partnership with funbotics inc. And yale university, providing youth with hands-on stem education and innovation training designed to build future workforce skills. 2. In addition, caf launched its nonprofit coaching initiative, where more than 90 participants-including nonprofit professionals and grassroots organization leaders-were trained to strengthen their organizational management and compliance capacity.the 7-week nonprofit coaching initiative was designed to empower both seasoned and emerging leaders in the nonprofit sector, covering key topics such as: - nonprofit governance - fiscal accountability and budget development - IRS form 990

Financial Efficiency

• Mission deployment rate: 83.8%; rating input score 84
• Program expense ratio: 86.9%; rating input score 87
• Fundraising efficiency: $50.61 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 77.8%; rating input score 78; 17th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
• Total-asset coverage ratio: 2.52; rating input score 71; 71st percentile among comparable filings
• Liabilities to assets ratio: 0.35; rating input score 22; 22nd percentile among comparable filings
• Officer compensation ratio: 10.3%; rating input score 36; 36th percentile among comparable filings

Growth

• Program expense growth: 16.8% per year; rating input score 100; 78th percentile among comparable filings
• Revenue growth: 15% per year; rating input score 100; 78th percentile among comparable filings
• Asset growth: 26.5% per year; rating input score 100; 88th percentile among comparable filings