Overview
What is Sphinx Foundation?
The Sphinx Foundation is a nonprofit organization dedicated to preserving and promoting its heritage at Dartmouth University. It offers annual courses to incoming undergraduates, facilitated by alumni members, to familiarize them with the Foundation's history and traditions. Moreover, the Foundation has been supporting a research fellowship in the college's government department since 2017, focusing on politics and law. Significantly, in 2021, the fellowship expanded to include a public lecture series, furthering knowledge and engagement in this field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating. This rating indicates that while Sphinx Foundation has some strengths, there are significant areas for improvement in terms of accountability and financial transparency.
One of the strong points for the organization is its composition, with 100% of its board members being independent, which reflects a commitment to governance standards. The financial health is also notable, with a liabilities to assets ratio of 0.00%, suggesting stability. Additionally, the foundation has a solid program expense ratio of 67.84%, indicating that a substantial portion of its budget is directed toward its programs.
However, major concerns arise from the lack of financial statements and key policies, such as a whistleblower policy and document retention protocols, which received no points. Furthermore, the absence of a website listed on the tax form and missing tax documents on the nonprofit's website suggest a lack of transparency that could hinder public trust. Together, these limitations contribute to the overall low rating despite some positive governance aspects.
This AI summary has been generated from information found on Charity Navigator.
Is Sphinx Foundation legitimate?
Sphinx Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sphinx Foundation 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.
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What is the mission statement of Sphinx Foundation?
The Sphinx Foundation's mission is centered around fostering knowledge and engagement within its community. It organizes educational courses for new undergraduate members, guided by alumni, to enrich their understanding of the organization's history and traditions. Additionally, the foundation supports academic research in the politics and law program at a college level, funding a fellowship since 2017. In 2021, this fellowship was expanded to incorporate a public lecture series.
Who is the CEO of Sphinx Foundation?
Tom Slosberg is the Board Member of Sphinx Foundation.
What is the revenue of Sphinx Foundation?
Sphinx Foundation's revenue in 2022 was $459,364.
Who are the executives of Sphinx Foundation and what are their salaries?
There 84 volunteers at Sphinx Foundation.
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Where can I find the form 990 for Sphinx Foundation?
Sphinx Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sphinx Foundation
The Sphinx Foundation is dedicated to preserving and promoting its historical and traditional values, primarily through educational programs. This is achieved by organizing annual courses for new undergraduate members, overseen by alumni members. Beyond this, the organization also champions academic research, specifically in the field of politics and law, by sponsoring a research fellowship within the college's government department since 2017. This fellowship has been consistently funded and in 2021, an additional component was added – a public lecture series. The Sphinx Foundation's initiatives aim to foster a deeper understanding and appreciation of its heritage while also contributing to academic discourse in relevant fields.
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Impact
July, 2024
The Sphinx Foundation's impact includes conducting annual courses on Dartmouth and Sphinx history and traditions for incoming undergraduate members, overseen by alumni members. Additionally, the Foundation initiated and sponsors a research fellowship in the college's government department focusing on the politics and law program, which has been funded each year since 2017. In 2021, the fellowship was expanded to include a public lecture series. These initiatives contribute to the preservation and dissemination of important historical and educational knowledge within the Dartmouth community.
This information is meant to be a general summary of Sphinx Foundation. 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: $151,916
- Program Service Revenue: $83,118
- Gross Receipts: $1,289,870
Assets and Liabilities:
- Total Assets: $4,355,384
- Total Liabilities: $0
- Net Assets: $4,355,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$83,118
Organization Details
Founding Year
2006
Phone
(603) 646-9651Principal Officer
Tom Slosberg
Main Address
PO Box 213, Hanover, NH, 037550213
NTEE Category
Code: A800 - Arts
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