Overview
What is Russian Orphan Opportunity Fund Inc?
Russian Orphan Opportunity Fund Inc, based in Racine, Wisconsin, is a dedicated nonprofit organization that focuses on assisting children from Russian orphanages and young adults who have transitioned out of these institutions. They strive to eradicate prejudices against these individuals, offering high-quality education and social support. Their primary mission involves providing a community living context, helping orphanage graduates integrate into and contribute to society. In 2022, their largest project centered around the Pskov Post-Orphanage Education Centre, offering educational programs, legal aid, and life skills training to around 200 individuals. The organization also helps with securing housing rights, housing, and job placement for these young adults.
Official website here: www.roofnet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Russian Orphan Opportunity Fund Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The charity scored 100% in the Accountability & Finance beacon, reflecting its commitment to transparency and ethical governance. This rating is significant as it assures donors that their contributions are managed responsibly and that the organization operates with integrity.
The organization boasts a fully independent board, with 10 out of 10 members serving independently, highlighting its dedication to impartial oversight. It also has no reported material diversion of assets, ensuring that funds are utilized effectively. Additionally, the charity maintains robust policies regarding conflict of interest, document retention, and whistleblower protections, which further demonstrate its commitment to ethical operations.
Despite these strengths, specific programmatic activities and outcomes are not detailed in the rating, which may leave potential donors looking for more information on the direct impact of their donations. Nevertheless, with an exemplary program expense ratio of 88.61%, the Russian Orphan Opportunity Fund clearly prioritizes funding its core mission. Overall, the organization stands out as a reliable choice for those looking to support initiatives for orphaned children in Russia.
This AI summary has been generated from information found on Charity Navigator.
Is Russian Orphan Opportunity Fund Inc legitimate?
Russian Orphan Opportunity Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Russian Orphan Opportunity Fund 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.
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Official website here: www.roofnet.org
What is the mission statement of Russian Orphan Opportunity Fund Inc?
Russian Orphan Opportunity Fund Inc's mission is centered around providing quality education and social support for children residing in Russian orphanages, as well as young adults who have grown up in these institutions. The organization's primary goal is to eradicate prejudices against these individuals and offer a community living context to help them integrate into and contribute to society. By doing so, the fund aims to provide a supportive environment for these young people, often left alone in the city after aging out of the orphanage system. In addition to educational programs, the fund offers legal aid to help them secure housing and other necessary documents, and provides assistance in finding and maintaining employment. The fund's efforts in 2022 focused on teaching basic life skills and cognitive skill development, primarily through one-on-one or small group sessions.
Official website here: www.roofnet.org
Who is the CEO of Russian Orphan Opportunity Fund Inc?
Karen Jansson is the Treasurer of Russian Orphan Opportunity Fund Inc.
Official website here: www.roofnet.org
What is the revenue of Russian Orphan Opportunity Fund Inc?
Russian Orphan Opportunity Fund Inc's revenue in 2022 was $17,214.
Official website here: www.roofnet.org
Who are the executives of Russian Orphan Opportunity Fund Inc and what are their salaries?
There 9 volunteers at Russian Orphan Opportunity Fund Inc.
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Official website here: www.roofnet.org
Where can I find the form 990 for Russian Orphan Opportunity Fund Inc?
Russian Orphan Opportunity Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.roofnet.org
Learn more at the official website: www.roofnet.org
Mission Statement of Russian Orphan Opportunity Fund Inc
Russian Orphan Opportunity Fund Inc, a nonprofit organization, is dedicated to providing high-quality education and social support for children residing in Russian orphanages and young adults who have aged out of these institutions. The mission of this organization is twofold: firstly, to eradicate prejudices against these individuals, and secondly, to establish a community living context for orphanage graduates, thereby aiding them in integrating into and contributing to society.
Russian Orphan Opportunity Fund Inc recognizes the unique challenges faced by orphanage graduates as they transition into adulthood. To address these challenges, the organization offers a range of support services. These include educational programs, assistance with obtaining housing, updating necessary personal documents, and finding and maintaining jobs. The organization also aims to provide a supportive environment for these young people, often left feeling alone in the city after growing up in rural orphanages.
In addition to educational assistance, Russian Orphan Opportunity Fund Inc provides significant legal aid. Many orphanage leavers struggle to secure housing, despite having a legal right to do so. The organization works closely with municipal and regional social services personnel to best serve its target group, and in 2022, its programs were serving around 200 orphanage graduates in the Pskov area. The organization's main educational efforts in 2022 focused on teaching basic life skills, such as budgeting and cooking, as well as cognitive skills development. These initiatives were often delivered in one-on-one or small group settings.
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Impact
August, 2024
Russian Orphan Opportunity Fund Inc is making a significant impact by providing high-quality education and social support for children in Russian orphanages and young adults who have grown up in these institutions. Their focus is on eradicating prejudices against these individuals and helping them integrate into society. In 2022, their largest project, the Pskov Post-Orphanage Education Centre in the city of Pskov, continued to assist orphanage graduates with a range of essential services including educational programs, housing assistance, legal aid, and job opportunities.
By serving around 200 orphanage graduates in the Pskov area, Russian Orphan Opportunity Fund Inc is not only providing educational support but also creating a sense of community and support for these young individuals who often find themselves alone after leaving the orphanage. Through their dedication to assisting with basic life skills, cognitive development, and legal matters, the organization is helping these young adults overcome challenges and build a better future for themselves.
In collaboration with municipal and regional social services, Russian Orphan Opportunity Fund Inc is able to tailor their support to best serve this vulnerable group. Through their efforts, they are making a significant difference in the lives of orphanage graduates, empowering them to become contributing members of society despite the hardships they have faced.
This information is meant to be a general summary of Russian Orphan Opportunity Fund 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: $257
- Gross Receipts: $17,214
Assets and Liabilities:
- Total Assets: $218,248
- Total Liabilities: $2,650
- Net Assets: $215,598
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Organization Details
Founding Year
1997
Phone
(262) 639-9398Principal Officer
Karen Jansson
Main Address
5200 WIND POINT DRIVE, RACINE, WI, 534022381
Website
www.roofnet.orgNTEE Category
Code: Q330 - International
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