Overview
What is Gasoline Alley Foundation Inc Sibilia?
Gasoline Alley Foundation Inc Sibilia, based in Springfield, Massachusetts, is a nonprofit organization with a mission to empower underprivileged individuals. They accomplish this by conducting seminars to educate individuals about starting a business and providing technical assistance to potential entrepreneurs. More than just an educational resource, their mission extends to administering programs that aim to turn these underprivileged individuals into successful entrepreneurs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Gasoline Alley Foundation Inc Sibilia demonstrates a reasonable level of financial health and accountability, there is room for improvement in overall performance compared to other nonprofits.
The organization shows strengths in its governance structure, with 87% of its board members being independent, and it maintains a low liabilities to assets ratio at 0.00%. Additionally, 92.67% of its expenses are directed toward programs, which highlights a strong commitment to its mission. The foundation also documents its board meeting minutes, contributing to transparency.
However, despite these positive aspects, the overall rating suggests that there are areas where the foundation could enhance its effectiveness and impact. With a Two-Star rating, potential donors and stakeholders may want to look for additional information about the foundation’s programs and outcomes to make a more informed decision.
This AI summary has been generated from information found on Charity Navigator.
Is Gasoline Alley Foundation Inc Sibilia legitimate?
Gasoline Alley Foundation Inc Sibilia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gasoline Alley Foundation Inc Sibilia 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Gasoline Alley Foundation Inc Sibilia?
The Gasoline Alley Foundation Inc Sibilia aims to initiate and manage educational programs, focusing on underprivileged individuals. Their primary objective is to empower these individuals by teaching them the skills necessary to become successful entrepreneurs. This is achieved through seminars that enlighten them about the intricacies of starting a business and providing technical assistance to potential entrepreneurs.
Who is the CEO of Gasoline Alley Foundation Inc Sibilia?
Emilio J Sibilia Jr is the Director of Gasoline Alley Foundation Inc Sibilia.
What is the revenue of Gasoline Alley Foundation Inc Sibilia?
Gasoline Alley Foundation Inc Sibilia's revenue in 2021 was $5,323.
Who are the executives of Gasoline Alley Foundation Inc Sibilia and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Gasoline Alley Foundation Inc Sibilia?
Gasoline Alley Foundation Inc Sibilia's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Gasoline Alley Foundation Inc Sibilia
Gasoline Alley Foundation Inc Sibilia is committed to initiating and administering programs aimed at teaching underprivileged individuals the skills necessary to become successful entrepreneurs. The organization's mission is to educate these individuals on the intricacies of starting a business and provide them with technical assistance. By doing so, Gasoline Alley Foundation Inc Sibilia aims to empower these individuals, providing them with the tools they need to overcome their circumstances and build successful businesses.
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Impact
August, 2024
Gasoline Alley Foundation Inc Sibilia's impact lies in its proactive efforts to empower underprivileged individuals by equipping them with the knowledge and skills necessary to become successful entrepreneurs. Through seminars that educate participants on the intricacies of starting a business and by providing technical assistance to potential entrepreneurs, the foundation plays a crucial role in fostering entrepreneurship within the community. By focusing on imparting valuable entrepreneurial skills to those who may not have had access to such resources otherwise, Gasoline Alley Foundation Inc Sibilia contributes to the overall improvement and development of the community.
This information is meant to be a general summary of Gasoline Alley Foundation Inc Sibilia. 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 2021.
- Gross Receipts: $5,323
Assets and Liabilities:
- Total Assets: $7,798
- Total Liabilities: $0
- Net Assets: $7,798
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Organization Details
Founding Year
2000
Phone
(413) 733-3126Principal Officer
Emilio J Sibilia Jr
Main Address
250 ALBANY STREET, SPRINGFIELD, MA, 011014596
NTEE Category
Code: S31 - Community improvement
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