Overview
What is Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc?
The Babylon Rotary Foundation Inc, in association with The Chwast CPA Group Pc, is a nonprofit organization committed to serving the community. They channel funds towards various charitable organizations, both locally and nationally. Additionally, this foundation supports the education of students in the area by offering academic scholarships. The primary objective of Babylon Rotary Foundation Inc is to contribute to community service.
Official website here: www.babylonrotary.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Babylon Rotary Foundation Inc has received a low rating of 56%, which indicates significant concerns regarding its accountability and financial practices. With no independent board members, the organization lacks critical governance that typically enhances transparency and oversight. Additionally, the absence of essential policies such as conflict of interest, whistleblower, and document retention raises red flags about its operational standards.
On a positive note, the foundation has shown effective use of its funds, with a program expense ratio of 94.16%, meaning that a substantial majority of its expenses are directed towards its mission-related activities. The organization also confirmed the lack of material diversion of assets, which is a positive sign regarding its financial integrity. Furthermore, it has maintained a low liabilities to assets ratio of 0.06%, suggesting a stable financial position.
However, the shortcomings in governance and the missing policies underscore potential risks for stakeholders. The lack of transparency regarding board independence and policy frameworks could impact donor confidence and the foundation's overall effectiveness. Addressing these issues could enhance the foundation's rating and improve its operational integrity in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc legitimate?
Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc 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.babylonrotary.com
What is the mission statement of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc?
The Babylon Rotary Foundation, managed by The Chwast CPA Group Pc, is dedicated to distributing funds to various charitable organizations at both local and national levels. Furthermore, the foundation awards academic scholarships to students from the area. In essence, the mission of the Babylon Rotary Foundation is centered around providing community service.
Official website here: www.babylonrotary.com
Who is the CEO of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc?
Aaron Stein is the Foundation C of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc.
Official website here: www.babylonrotary.com
What is the revenue of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc?
Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc's revenue in 2022 was $58,069.
Official website here: www.babylonrotary.com
Who are the executives of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc 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
Official website here: www.babylonrotary.com
Where can I find the form 990 for Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc?
Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.babylonrotary.com
Learn more at the official website: www.babylonrotary.com
Mission Statement of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc
The Babylon Rotary Foundation, a nonprofit organization, is dedicated to distributing funds to various charitable organizations both locally and nationally. Beyond this, the foundation also awards academic scholarships to students residing in the area. Its primary mission is to provide community service, aiming to contribute positively to the societal fabric and support those in need. By offering financial assistance to charitable organizations and scholarships to students, the Babylon Rotary Foundation plays a significant role in strengthening communities and fostering education, thereby promoting a more prosperous and harmonious society.
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 Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc's impact lies in its dedication to community service and support for both local and national charitable organizations. Through the distribution of funds and academic scholarships to area students, the foundation plays a crucial role in enhancing educational opportunities and making a positive difference in the community.
This information is meant to be a general summary of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc. 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: $1
- Gross Receipts: $69,332
Assets and Liabilities:
- Total Assets: $50,482
- Total Liabilities: $25
- Net Assets: $50,457
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(631) 669-9284Principal Officer
Aaron Stein
Main Address
445 BROADHOLLOW ROAD, MELVILLE, NY, 11747
Website
www.babylonrotary.comNTEE Category
Code: B82J - Education
If you are a representative of Babylon Rotary Foundation Inc C/O The Chwast Cpa Group Pc 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.