Overview
What is Patchogue Community Service Foundation Inc?
Patchogue Community Service Foundation Inc, based in Patchogue, New York, serves as a charitable organization. Their primary mission is to provide financial aid for student scholarships and support local community organizations and individuals in need. This nonprofit entity actively contributes to the community by distributing funds to deserving students and aiding various local organizations, ensuring they have the necessary resources to thrive.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Patchogue Community Service Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization performs well in certain areas, there are significant opportunities for improvement. Notably, the organization excels in accountability and finance, achieving a perfect score of 100% in this category, which reflects strong governance and financial health. Key strengths include a fully independent board and a solid program expense ratio of 98.55%, demonstrating effective allocation of resources toward its mission.
Despite these strengths, the organization faces criticism for lacking critical policies and documentation. Specifically, it has not established a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy, which are essential for transparency and ethical governance. Additionally, the absence of their tax form on the nonprofit's website raises concerns about accessibility and openness with stakeholders.
Overall, the foundation's strong financial management contrasts with its lack of essential policies, signaling a need for greater transparency and adherence to governance best practices. Addressing these shortcomings could enhance its rating and foster greater trust among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Patchogue Community Service Foundation Inc legitimate?
Patchogue Community Service Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patchogue Community Service 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
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What is the mission statement of Patchogue Community Service Foundation Inc?
The Patchogue Community Service Foundation Inc's mission is centered around providing financial aid. Specifically, it focuses on funding student scholarships and offering support to local community organizations and individuals in need. This non-profit organization aims to contribute positively to its community by assisting students in furthering their education and providing essential aid to local organizations and individuals who require it. The foundation's activities are geared towards fostering educational opportunities and strengthening the local community through its charitable contributions.
Who is the CEO of Patchogue Community Service Foundation Inc?
Larry Boncimino is the President of Patchogue Community Service Foundation Inc.
What is the revenue of Patchogue Community Service Foundation Inc?
Patchogue Community Service Foundation Inc's revenue in 2023 was $211,923.
Who are the executives of Patchogue Community Service Foundation Inc and what are their salaries?
There 35 volunteers at Patchogue Community Service Foundation Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Patchogue Community Service Foundation Inc?
Patchogue Community Service Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Patchogue Community Service Foundation Inc
Patchogue Community Service Foundation Inc is an organization dedicated to providing financial assistance in the form of scholarships and support to students, as well as aiding local community organizations and individuals in need. The foundation's mission is centered around this dual purpose, aiming to empower both the academic pursuits of young individuals and the wider community by offering necessary financial aid. By doing so, Patchogue Community Service Foundation Inc contributes to the betterment of its community, providing a safety net for those in need and fostering educational opportunities for future generations.
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Impact
October, 2024
Patchogue Community Service Foundation Inc significantly impacts its community by providing vital funding for student scholarships and supporting local organizations and individuals in need. By offering scholarships, the foundation assists students in pursuing their educational goals, fostering academic achievement and personal development. This support not only empowers students but also strengthens the community by helping to create a well-educated workforce.
Additionally, the foundation's commitment to supporting local organizations and individuals ensures that essential resources and services are available to those facing hardships. This philanthropic approach enhances the overall quality of life in Patchogue, creating a more connected and resilient community. Through its efforts, the foundation plays a crucial role in building a brighter future for both individuals and the community as a whole.
This information is meant to be a general summary of Patchogue Community Service 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 2023.
- Investment Income: $4
- Gross Receipts: $287,867
Assets and Liabilities:
- Total Assets: $52,289
- Total Liabilities: $0
- Net Assets: $52,289
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Organization Details
Founding Year
1998
Principal Officer
Larry Boncimino
Main Address
PO BOX 821, PATCHOGUE, NY, 11772
NTEE Category
Code: T31 - Philanthropy
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