Overview
What is Eastern Star Foundation Of Ri Inc?
Eastern Star Foundation of RI Inc, located at 24 Fir Glad Drive, Warwick, Rhode Island 02886, is a nonprofit organization dedicated to raising and managing funds. Their primary mission involves providing charitable donations to organizations such as O.E.S. Home of Rhode Island, Inc. dba Ethan Place, and also offering scholarships to eligible recipients. The foundation's activities are centered around supporting these causes, contributing to the betterment of their community and individuals in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall, the Eastern Star Foundation of RI Inc has received a two-star rating with a score of 73%. Although the organization has demonstrated strong accountability in certain areas, such as having a fully independent board and no material diversion of assets, it lacks several key policies that are essential for good governance.
Strengths include a perfect score in board independence and maintaining a healthy liabilities to assets ratio of 0.00%, indicating financial stability. Furthermore, the foundation allocates 100% of its expenses to programs, showcasing a strong commitment to its mission. However, the absence of vital policies like conflict of interest and whistleblower protections raises concerns about its operational transparency and governance practices.
Limitations noted in the evaluation highlight deficiencies in the organization's documentation and policies. Missing elements such as a website listed on the tax form and a lack of various governance policies contribute to the rating's overall need for improvement. Addressing these gaps could enhance trust and accountability among stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Eastern Star Foundation Of Ri Inc legitimate?
Eastern Star Foundation Of Ri Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Star Foundation Of Ri Inc 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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What is the mission statement of Eastern Star Foundation Of Ri Inc?
The Eastern Star Foundation of RI Inc's primary mission is to collect and manage funds, which are then allocated for charitable donations and scholarships. This organization contributes financially to the O.E.S. Home of Rhode Island, Inc., also known as Ethan Place, and other 501C3 charities. Additionally, the foundation provides financial aid in the form of scholarships to eligible recipients.
What is the revenue of Eastern Star Foundation Of Ri Inc?
Eastern Star Foundation Of Ri Inc's revenue in 2023 was $114,861.
Who are the executives of Eastern Star Foundation Of Ri Inc and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $1,000
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- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Eastern Star Foundation Of Ri Inc?
Eastern Star Foundation Of Ri Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Eastern Star Foundation Of Ri Inc
The Eastern Star Foundation of RI Inc, as stated in its mission, is dedicated to the task of raising and managing funds. These funds are intended for two primary purposes: scholarships and charitable donations. By doing so, the foundation aims to contribute positively to various sectors and individuals in need. The scholarships provided by the foundation serve as a means of supporting deserving recipients, potentially providing them with opportunities for higher education and personal growth. Additionally, the foundation's charitable donations are directed towards 501C3 charities and the O.E.S. Home of Rhode Island, Inc. dba Ethan Place. This indicates that the foundation is committed to supporting a wide range of causes and organizations, extending its reach and impact beyond individual scholarship recipients.
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Impact
August, 2024
The Eastern Star Foundation Of Ri Inc has a significant impact on the community by raising and managing funds for scholarships and charitable donations. Their donations support organizations like O.E.S. Home of Rhode Island, Inc. and other 501(c)(3) charities, providing much-needed assistance to those in need. Additionally, the foundation plays a crucial role in empowering individuals through scholarships, enabling recipients to further their education and pursue their goals. Through their mission, the Eastern Star Foundation Of Ri Inc positively influences the lives of many in Warwick, RI, and beyond.
This information is meant to be a general summary of Eastern Star Foundation Of Ri Inc. 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 2023.
- Investment Income: $58,564
- Gross Receipts: $136,692
Assets and Liabilities:
- Total Assets: $1,232,722
- Total Liabilities: $0
- Net Assets: $1,232,722
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Organization Details
Founding Year
1991
Principal Officer
Deborah Therrien
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