Koinonia Family Life Inc Dba Camden Dream Center Technology Training School

What it reported doing in 2024

Camden dream center is leading efforts to create digital equity for families in underserved communities in the region and across the nation to eliminate barriers to accessing high quality training programs. Developming an effective technology-based career talent pipeline requires early exposure to the skills needed in techcentered occupations. This has been the issue in underserved communities, particularly in black and brown neighborhoods where grade-level literacy and computing are deficient. To mitigate this problem, we partner with k-12 school systems in these communities to complement interventions to improve lieteracy, math, and science outcomes using best in class enrichment program strategies. The primary goal is to reduce summer academic loss students experience at k-8 grade levels. After years of sponsoring these programs in partnership with scholl districts and the children's defense fund, we now have reliable data to show the program's efficacy in preparing youth for careers in tech jobs. Soical justice and equity are core drivers in this program. Justice is about equity that results in community agency and empowerment. We will advocate, communicate, train, and build agency in the communities that we serve. Current active agreements: camden city school district; mastery high school; rowan university; princeton university; cisco; comcast; cooper university health care; newark board of education; New Jersey department of labor; and feeding america by way of the food bank of south jersey. Program provides comprehensive community based education and professional development services to help eradicate hunger in camden through a food pantry and recently, the food justice innovation hub. Funded by feeding america, the hub is designed to implement an urban farm initiative and foster food justice, teach youth agstem, and build partnerships to transform the local food system.

Financial Efficiency

• Mission deployment rate: 92.5%; rating input score 92
• Program expense ratio: 84.2%; rating input score 84
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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: 80%; rating input score 80; 18th percentile among comparable filings
• Governance controls: 3 of 9 controls in place; rating input score 33
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -9.8%; rating input score 17; 17th percentile among comparable filings
• Total-asset coverage ratio: 0.21; rating input score 10; 10th percentile among comparable filings
• Liabilities to assets ratio: 0.22; rating input score 30; 30th percentile among comparable filings
• Officer compensation ratio: 14.5%; rating input score 24; 24th percentile among comparable filings

Growth

• Program expense growth: 35.6% per year; rating input score 100; 92nd percentile among comparable filings
• Revenue growth: 19.7% per year; rating input score 100; 85th percentile among comparable filings
• Asset growth: 28.8% per year; rating input score 100; 90th percentile among comparable filings