Passes our checks

Cwmp Inc DBA Collaboration of Minority Professionals

EIN 92-1825896 · New Haven, CT

Public records show a registered, tax-exempt organization in good standing.

What it says it does

CMWP FOUNDATION, INC. IS AN ENTREPRENEURIAL SUPPORT ORGANIZATION (ESO) PROVIDING TARGETED SUPPORT FOR BLACK AND BROWN BUSINESS OWNERS NATIONALLY.

Source: Form 990 for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 92 out of 100. Higher than 81% of charities in its peer group (public benefit, under $250k).

Reserves
28 of 35
Spendable reserves would cover 10.6 months of spending.
Debt
20 of 20
It owes 3% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 47% of income.
Spending floor
15 of 15
67% of spending went to programs and raising each dollar of donations cost 14 cents.

Source: Form 990 for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 51 out of 100. Higher than 39% of charities in its peer group (public benefit, under $250k).

Independent board
18 of 25
3 of 3 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Pay set independently
0 of 5
Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)

$27,040 spent. ENTREPRENEURIAL WELLNESS & NETWORKING
BUSINESS COACHING & BUSINESS WORKSHOPS
$27,860 spent. COMMUNITY PROGRAMMING: INCLUDING BUT NOT LIMITED TO MAGNIFY BY CMWP GROW WITH CMWP CMWP & CRCOG PROGRAMMING & EVENTS CMWP & METROCOG PROGRAMMING & EVENTS CITYWIDE ARTS CULTURE KIDDIE STEM PROGRAMMING
$23,548 spent. FUNDRAISING TO PROMOTE AND FUND PROGRAMS VIA ANNUAL GOLF TOURNAMENT
FUNDRAISING TO PROMOTE AND FUND PROGRAMS VIA ANNUAL GOLF TOURNAMENT

Source: Form 990 for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.