Overview
What is Tarrytowns Rotary Foundation Inc?
Tarrytowns Rotary Foundation Inc is a nonprofit organization situated in Tarrytown, New York. Its primary mission is to raise funds through various events, such as a duck derby race and wine sales. The collected funds are then distributed to numerous local community-related organizations, aiming to improve the living conditions of all residents within the area. By supporting these organizations, Tarrytowns Rotary Foundation Inc contributes to the betterment of the community as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (53%)
The Tarrytowns Rotary Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns in their accountability and finance practices. With an overall score of 53%, the foundation has notably poor transparency and governance, as evidenced by the absence of independent board members and several missing policies critical to nonprofit governance.
One of the organization's few strengths is its impressive program expense ratio of 100%, suggesting that all of its expenses are directed towards its programs. However, this is overshadowed by the lack of independent oversight, as the organization has no independent board members and is missing several key policies, including conflict of interest and whistleblower policies, which are essential for maintaining ethical standards.
Furthermore, the foundation's website lacks necessary documentation, such as its tax form and policies on document retention, which diminishes transparency. While the foundation has shown a commitment to its mission through program spending, the significant gaps in governance and accountability raise concerns about its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Tarrytowns Rotary Foundation Inc legitimate?
Tarrytowns Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tarrytowns 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
What is the mission statement of Tarrytowns Rotary Foundation Inc?
The Tarrytowns Rotary Foundation Inc's mission involves raising funds through various activities, such as fundraisers, and subsequently distributing these funds to local community-related organizations. This endeavor aims to contribute positively to the betterment of all residents in the community. In the recent past, funds were successfully raised through events like a duck derby race and wine sales, which were then disbursed to support 20 local community-focused organizations.
Who is the CEO of Tarrytowns Rotary Foundation Inc?
Rick Rose is the President of Tarrytowns Rotary Foundation Inc.
What is the revenue of Tarrytowns Rotary Foundation Inc?
Tarrytowns Rotary Foundation Inc's revenue in 2023 was $38,245.
Who are the executives of Tarrytowns Rotary Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Tarrytowns Rotary Foundation Inc?
Tarrytowns Rotary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Tarrytowns Rotary Foundation Inc
Tarrytowns Rotary Foundation Inc is an organization dedicated to raising funds through various events and initiatives. Their primary mission is to distribute these collected funds to local community-related organizations, aiming to improve the lives of all residents in an unspecified community. Recently, they successfully raised money through a Duck Derby race and wine sales, which were then allocated to support 20 local community organizations. By doing so, this foundation plays a crucial role in fostering community development and well-being.
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Impact
August, 2024
Tarrytowns Rotary Foundation Inc's impact is significant in the local community, as they raise funds through events such as a Duck Derby Race and wine sales to support various local organizations. Their contributions have directly benefited 20 community-related organizations in Tarrytown, NY, leading to the overall betterment of the residents. By focusing on community improvement through fundraising and strategic distribution of funds, Tarrytowns Rotary Foundation Inc plays a crucial role in enhancing the quality of life for the residents of the city.
This information is meant to be a general summary of Tarrytowns 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 2023.
- Investment Income: $7
- Gross Receipts: $46,177
Assets and Liabilities:
- Total Assets: $101,610
- Total Liabilities: $0
- Net Assets: $101,610
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Organization Details
Founding Year
1987
Principal Officer
Rick Rose
Main Address
PO BOX 2, TARRYTOWN, NY, 10591
NTEE Category
Code: S80 - Community improvement
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