Overview
What is Rekindling The Dream Foundation?
Rekindling The Dream Foundation is a nonprofit organization situated in Providence, Rhode Island, with an address at 797 Westminster Street, 02903. Their primary aim is to support and improve public education in the Providence school district by securing private funds from various sources, such as businesses, civic organizations, and individuals. The foundation seeks to raise awareness about the district's achievements, demographics, challenges, and goals, encouraging community members to contribute to enhancing the quality of Providence's public education. Funds are distributed through grants to cover materials, equipment, programs, and initiatives consistent with the Providence public school curriculum and policy, aiming to enrich the educational experience beyond the typical classroom setting. Rekindling The Dream Foundation operates solely for the benefit and in conjunction with the Providence School Department.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Rekindling The Dream Foundation has received an impressive 94% rating from Charity Navigator, reflecting a strong level of accountability and financial health. With a perfect score for having a majority of independent board members and no material diversion of assets, the organization demonstrates a commitment to transparency and ethical governance. Their policies regarding conflicts of interest, whistleblowing, and document retention are all listed and compliant, contributing positively to their overall evaluation.
The foundation's program expense ratio stands at 71.12%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. This is a strong indicator of the organization's dedication to effectively using donations to achieve its mission. Additionally, the liabilities to assets ratio of 0.00% suggests a solid financial foundation with no debt obligations, further enhancing donor confidence.
While the organization has a strong rating, potential donors may want to consider the specific outcomes and impacts of the foundation’s programs, as this information is not detailed in the rating. Nonetheless, Rekindling The Dream Foundation's governance and financial practices appear robust and well-managed, making it a trustworthy option for supporters looking to contribute to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rekindling The Dream Foundation legitimate?
Rekindling The Dream Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rekindling The Dream 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rekindling The Dream Foundation?
The Rekindling The Dream Foundation operates with the primary objective of supporting public education. It aims to enhance learning experiences beyond the typical classroom setting in Providence, Rhode Island, by providing financial backing for educational projects, enrichment programs, and other educational initiatives. To achieve this, the foundation seeks to raise funds from various sources, including institutions, organizations, and individuals. It also works to increase community awareness about the school district's accomplishments, demographics, challenges, and goals, encouraging individuals and organizations to contribute resources to improve the quality of education. Lastly, the foundation distributes funds through grants, financing materials, equipment, programs, and initiatives that align with the school curriculum and policies, thereby enhancing the overall educational experience.
Who is the CEO of Rekindling The Dream Foundation?
Javier Montanez is the President of Rekindling The Dream Foundation.
What is the revenue of Rekindling The Dream Foundation?
Rekindling The Dream Foundation's revenue in 2022 was $0.
Who are the executives of Rekindling The Dream Foundation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rekindling The Dream Foundation?
Rekindling The Dream Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rekindling The Dream Foundation
Rekindling the Dream Foundation, an organization dedicated to supporting public education in Providence, Rhode Island, operates with the primary objective of enhancing educational opportunities for students. The foundation's mission is twofold. Firstly, it aims to raise private funds from various sources, including businesses, civic organizations, and individuals. This financial support is crucial in funding educational projects, enrichment programs, and other initiatives that align with the Providence Public School curriculum and policy, thereby enriching the educational experience beyond the conventional classroom setting.
Secondly, Rekindling the Dream Foundation works towards increasing community awareness about the achievements, demographics, challenges, and goals of the Providence School Department. The foundation provides a platform for individuals and organizations to contribute their resources, thereby strengthening the quality of public education in Providence. By fulfilling these objectives, Rekindling the Dream Foundation plays a significant role in enhancing the overall educational experience in Providence, going beyond the confines of the traditional classroom environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Rekindling The Dream Foundation significantly enhances public school education in Providence, Rhode Island. By providing financial support for educational projects, enrichment programs, and other initiatives, it empowers students and educators alike. The foundation raises private funds from various sources—including businesses, civic organizations, and individuals—ensuring that vital resources are available for innovative educational experiences.
One of its key impacts is increasing community awareness of the school district's achievements, challenges, and goals. This awareness not only fosters a supportive environment but also encourages community members to contribute their resources to improve education quality. The foundation distributes grants aimed at funding materials, equipment, and programs aligned with the Providence public school curriculum, allowing students to benefit from enriched learning opportunities that extend beyond traditional classroom settings.
Overall, the foundation's work creates a more engaging and supportive educational landscape, ultimately leading to improved outcomes for students in Providence.
This information is meant to be a general summary of Rekindling The Dream 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2011
Phone
(401) 278-2853Principal Officer
Javier Montanez
Main Address
797 WESTMINSTER STREET, PROVIDENCE, RI, 02903
NTEE Category
Code: B11 - Education
If you are a representative of Rekindling The Dream Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.