Overview
What is New London Rotary Foundation Inc?
New London Rotary Foundation Inc is a charitable organization based in New London, Connecticut. Primarily serving their local community, the foundation raises funds for numerous worthy causes and initiatives worldwide. Their mission is to contribute to various charitable organizations, striving to make a positive impact locally and globally. By doing so, they contribute to various areas such as healthcare, education, and community development, enhancing the lives of many individuals in need.
Official website here: www.newlondonrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The New London Rotary Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a score of 76%. This rating is derived solely from its Accountability & Finance performance, showcasing a strong emphasis on fiscal responsibility and governance. Notably, the organization boasts a fully independent board, with all 10 members meeting the criteria for independence, which enhances transparency and accountability.
The foundation demonstrates excellent financial health, with a liabilities to assets ratio of 0.00% and a program expense ratio of 99.27%. These figures suggest that the majority of its funds are allocated directly to programs rather than administrative expenses. Additionally, the foundation maintains good governance practices by documenting board meeting minutes and ensuring its website is listed on its tax form, contributing to its positive rating in transparency.
While the organization excels in accountability metrics, it is important for potential donors to consider that the rating reflects only financial aspects and does not account for the effectiveness of its programs or community impact. Overall, the New London Rotary Foundation Inc appears to be a financially sound organization with a strong commitment to fiscal integrity, making it a reliable option for those looking to support charitable initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is New London Rotary Foundation Inc legitimate?
New London Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New London Rotary Foundation 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
For more financial information, click here
Official website here: www.newlondonrotary.org
What is the mission statement of New London Rotary Foundation Inc?
The New London Rotary Foundation Inc's primary mission is to collect funds, primarily for charitable causes within the New London community. However, their reach extends beyond the local area, as they also donate to worthy causes worldwide. They channel their contributions towards various local, national, and international charitable organizations, aiming to make a positive impact globally. The foundation's activities are centered around raising funds for these charitable endeavors.
Official website here: www.newlondonrotary.org
Who is the CEO of New London Rotary Foundation Inc?
Alan Lyon is the President of New London Rotary Foundation Inc.
Official website here: www.newlondonrotary.org
What is the revenue of New London Rotary Foundation Inc?
New London Rotary Foundation Inc's revenue in 2022 was $71,274.
Official website here: www.newlondonrotary.org
Who are the executives of New London Rotary Foundation Inc and what are their salaries?
Here are 9 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newlondonrotary.org
Where can I find the form 990 for New London Rotary Foundation Inc?
New London Rotary Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newlondonrotary.org
Learn more at the official website: www.newlondonrotary.org
Mission Statement of New London Rotary Foundation Inc
The New London Rotary Foundation Inc is dedicated to raising funds for worthy charitable endeavors primarily within the New London community, but also extending its reach throughout the world. This nonprofit organization's mission is to contribute to various local, national, and international charitable organizations, aiming to make a positive impact on numerous communities and individuals in need. By providing financial support to a diverse range of charitable organizations, the New London Rotary Foundation Inc strives to make a significant difference in the lives of those less fortunate, both near and far.
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
August, 2024
The New London Rotary Foundation Inc's impact is felt both locally and globally through its dedicated efforts to raise funds for worthy charitable endeavors. By supporting various local, national, and international charitable organizations, the foundation is instrumental in making a positive difference in the lives of individuals and communities in need. Their philanthropic mission extends beyond borders, demonstrating a commitment to improving the well-being of others on a global scale.
This information is meant to be a general summary of New London Rotary Foundation 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 2022.
- Investment Income: $48,274
- Gross Receipts: $87,350
Assets and Liabilities:
- Total Assets: $385,765
- Total Liabilities: $600
- Net Assets: $385,165
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(860) 442-1999Principal Officer
Alan Lyon
Main Address
P O BOX 654, NEW LONDON, CT, 06320
Website
www.newlondonrotary.orgNTEE Category
Code: T70Z - Philanthropy
If you are a representative of New London Rotary Foundation Inc 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.