Overview
What is Rhode Island Bar Foundation?
The Rhode Island Bar Foundation is a nonprofit organization situated at 41 Sharpe Drive, Cranston, Rhode Island. Its primary mission is to uphold the integrity of the legal profession in Rhode Island, enhance justice administration, and promote the study of law. The foundation conducts research, strives for improvement in legal administration, and disseminates legal knowledge. Additionally, it supports high standards in legal education and contributes to the delivery of legal services to individuals who cannot afford them otherwise. The foundation fulfills its purpose by maintaining and operating a facility that rents space to a related non-profit organization, the Rhode Island Bar Association. With a small workforce of one employee, the Rhode Island Bar Foundation is committed to its mission in the Rhode Island legal community.
Official website here: www.ribar.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Rhode Island Bar Foundation has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable performance in terms of accountability and finance. With a score of 87%, the organization demonstrates strong management of its resources and adherence to financial best practices, which is crucial for maintaining the trust of donors and stakeholders.
One of the notable strengths includes its impressive program expense ratio, which stands at 88.20%, reflecting a commitment to allocating funds directly towards its mission. Additionally, the foundation has no reported material diversions of assets and maintains a strong financial health with a low liabilities-to-assets ratio of 10.85%. The organization also implements robust governance policies, including conflict of interest and whistleblower policies, indicating sound operational practices.
However, the foundation faced a significant challenge with its fundraising efficiency, scoring only 5 out of 25, which suggests that it may need to improve its fundraising strategies to enhance financial sustainability. Overall, while the Rhode Island Bar Foundation excels in accountability and resource management, addressing its fundraising efficiency could further bolster its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Rhode Island Bar Foundation legitimate?
Rhode Island Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island Bar 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: $76,502
For more financial information, click here
Official website here: www.ribar.com
What is the mission statement of Rhode Island Bar Foundation?
The Rhode Island Bar Foundation's mission is centered around upholding the integrity of the legal profession and improving the administration of justice. They strive to foster this by promoting the study of law, conducting research, and disseminating knowledge. Additionally, they aim to enhance legal education and support the delivery of legal services to those in need. The foundation also works towards maintaining high standards in legal education and improving the administration of justice in Rhode Island. As part of their activities, they operate a facility that rents space to a related non-profit organization.
Official website here: www.ribar.com
Who is the CEO of Rhode Island Bar Foundation?
Kathleen Bridge is the Director of Rhode Island Bar Foundation.
Official website here: www.ribar.com
What is the revenue of Rhode Island Bar Foundation?
Rhode Island Bar Foundation's revenue in 2022 was $1,169,825.
Official website here: www.ribar.com
Who are the executives of Rhode Island Bar Foundation and what are their salaries?
The average compensation at Rhode Island Bar Foundation during 2022 was $76,502. There is 1 employee at Rhode Island Bar Foundation.
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Official website here: www.ribar.com
Where can I find the form 990 for Rhode Island Bar Foundation?
Rhode Island Bar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ribar.com
Learn more at the official website: www.ribar.com
Mission Statement of Rhode Island Bar Foundation
The Rhode Island Bar Foundation, a non-profit organization, is committed to upholding the integrity of the legal profession and improving the administration of justice in Rhode Island. It strives to promote the study of law, conduct research in the field, and disseminate knowledge. Moreover, the foundation supports high standards of legal education and works towards delivering legal services to individuals who cannot afford them. Its mission extends beyond these aspects, also aiming to foster and maintain the honor of the legal profession. The Rhode Island Bar Foundation operates with a facility that rents space to a related non-profit organization, the Rhode Island Bar Association.
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Impact
July, 2024
The Rhode Island Bar Foundation plays a crucial role in fostering and maintaining the honor and integrity of the legal profession in Rhode Island. Additionally, it works to study, improve, and facilitate the administration of justice in the state. The foundation also aims to promote the study of law, research therein, and the diffusion of knowledge while upholding high standards of legal education. Furthermore, the foundation supports the delivery of legal services to those who do not have sufficient means to secure them otherwise. Through its core programs and initiatives, the Rhode Island Bar Foundation contributes significantly to enhancing access to justice and advancing the legal field in the state.
This information is meant to be a general summary of Rhode Island Bar 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: $82,288
- Gross Receipts: $1,336,990
Assets and Liabilities:
- Total Assets: $5,045,389
- Total Liabilities: $806,954
- Net Assets: $4,238,435
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Organization Details
Founding Year
1952
Phone
(401) 421-5740Principal Officer
Kathleen Bridge
Main Address
41 SHARPE DRIVE, CRANSTON, RI, 02920
Website
www.ribar.comNTEE Category
Code: I128 - Crime
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