Overview
What is Rotary South Valley Charities?
Rotary South Valley Charities is a local nonprofit organization in Albuquerque, New Mexico, primarily funded by an annual golf tournament organized by the Rotary Club of Albuquerque Rio Grande on a volunteer basis. Their primary mission is to provide grants to charitable organizations with programs that directly support youth and families in need within the Albuquerque South Valley community, adhering to Rotary Foundation guidelines. The funding from the golf tournament enables them to award grants to various nonprofit organizations and schools, thereby contributing positively to the local community.
Official website here: www.riogranderotary.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Rotary South Valley Charities has received a Three-Star rating from Charity Navigator, indicating a score of 76%. This score reflects strong Accountability & Finance practices, with the charity excelling in areas such as having a majority of independent board members and a positive ratio of program expenses to total expenses. The organization demonstrates effective governance and financial health, evidenced by a 0% ratio of liabilities to assets.
However, there are notable areas for improvement. The charity lacks policies on conflict of interest, whistleblower protections, and document retention, which could enhance transparency and accountability. While the organization has a solid foundation, addressing these gaps may improve public trust and operational integrity.
Overall, Rotary South Valley Charities shows commendable financial responsibility and governance but should focus on developing the necessary policies to ensure comprehensive accountability. The high program expense ratio indicates that a significant majority of funds are directed toward its mission, which is a positive aspect for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary South Valley Charities legitimate?
Rotary South Valley Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary South Valley Charities submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.riogranderotary.com
What is the mission statement of Rotary South Valley Charities?
Rotary South Valley Charities is a local foundation established by a Rotary club, which provides grants following Rotary Foundation guidelines. The majority of these grants are awarded to nonprofit organizations and schools with programs that primarily focus on supporting youth and families in need within the Albuquerque South Valley community. The organization's funding primarily comes from an annual golf tournament, which is organized and run on a volunteer basis by the Rotary Club of Albuquerque Rio Grande. The proceeds from this event enable Rotary South Valley Charities to award grants to charitable organizations with initiatives directly benefiting youth and families in the South Valley area of Albuquerque.
Official website here: www.riogranderotary.com
Who is the CEO of Rotary South Valley Charities?
Timothy Reynolds is the President of Rotary South Valley Charities.
Official website here: www.riogranderotary.com
What is the revenue of Rotary South Valley Charities?
Rotary South Valley Charities's revenue in 2022 was $46,513.
Official website here: www.riogranderotary.com
Who are the executives of Rotary South Valley Charities and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.riogranderotary.com
Where can I find the form 990 for Rotary South Valley Charities?
Rotary South Valley Charities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riogranderotary.com
Learn more at the official website: www.riogranderotary.com
Mission Statement of Rotary South Valley Charities
Rotary South Valley Charities, a local Rotary club foundation, carries out its mission by providing grants to charitable programs that support the Albuquerque South Valley community. Primarily, the organization focuses on awarding grants to nonprofit organizations and schools that run programs aimed at helping youth and families in need within the Albuquerque South Valley area. The charitable activities of Rotary South Valley Charities are made possible through an annual golf tournament, which is organized and run by the Rotary Club of Albuquerque Rio Grande on a volunteer basis. The funds raised during this event enable Rotary South Valley Charities to grant money to organizations that directly assist youth and families facing challenges in the South Valley of Albuquerque.
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Impact
August, 2024
Rotary South Valley Charities has a significant impact on the Albuquerque South Valley community by providing grants for charitable programs that support youths and families in need. The organization is able to award these grants through the funds raised from an annual golf tournament organized by the Rotary Club of Albuquerque Rio Grande on a volunteer basis. By following Rotary Foundation guidelines, the charity directs most of its grants to organizations and schools actively working to support the local youth and families in the South Valley area. This philanthropic initiative plays a crucial role in addressing the needs of the community and fostering positive development among its residents.
This information is meant to be a general summary of Rotary South Valley Charities. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Gross Receipts: $66,505
Assets and Liabilities:
- Total Assets: $70,122
- Total Liabilities: $0
- Net Assets: $70,122
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Organization Details
Founding Year
2004
Phone
(505) 818-2149Principal Officer
Timothy Reynolds
Main Address
3150 CARLISLE BLVD NE 211, ALBUQUERQUE, NM, 87110
Website
www.riogranderotary.comNTEE Category
Code: T30 - Philanthropy
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