Overview
What is Westchester Deltas Incdba Violet Torch Foundation?
Westchester Deltas Incdba Violet Torch Foundation is a nonprofit organization situated in Yonkers, New York, with a specific focus on promoting human welfare. They achieve this objective through educational and social development initiatives. The foundation offers various scholarships, including the DST - Westchester Alumnae Chapter scholarship, the Yvonne Mason Williams scholarship, the Heritage Award scholarship, the Loretta Green endowment, and the Elizabeth Blair scholarship. Additionally, they grant the Frances Eleanor Martin award. The mission of Westchester Deltas Incdba Violet Torch Foundation is firmly rooted in enhancing human welfare through educational and social development, as reflected in their scholarship programs and activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
Westchester Deltas Inc, operating as the Violet Torch Foundation, has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored notably low in several key areas, particularly with its board governance, as it has no independent board members and lacks critical policies, such as conflict of interest and whistleblower policies. This lack of governance transparency raises questions about its operational integrity.
Despite these governance issues, the foundation does show strength in its financial management regarding program expenses, with a program expense ratio of nearly 70%. This suggests that a significant portion of its expenditures is directed towards its programs, which is a positive aspect of its financial health. Additionally, the foundation has no material diversion of assets, indicating that its resources are being used appropriately.
However, the absence of necessary documentation on its website, including tax forms and retention policies, further complicates its accountability picture. The organization must improve its governance practices and transparency to enhance trust among its stakeholders and increase its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Westchester Deltas Incdba Violet Torch Foundation legitimate?
Westchester Deltas Incdba Violet Torch Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westchester Deltas Incdba Violet Torch Foundation 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 Westchester Deltas Incdba Violet Torch Foundation?
The Westchester Deltas Incdba Violet Torch Foundation is committed to promoting human welfare through educational and social development. Their mission is centered around enhancing people's lives by fostering education and social advancement. The organization provides several scholarships, including the DST - Westchester Alumnae Chapter Scholarship, the Heritage Award Scholarship, the Loretta Green Endowment, the Elizabeth Blair Scholarship, and the Frances Eleanor Martin Award, all aimed at supporting individuals in their educational pursuits.
Who is the CEO of Westchester Deltas Incdba Violet Torch Foundation?
Melanie Oram is the President of Westchester Deltas Incdba Violet Torch Foundation.
What is the revenue of Westchester Deltas Incdba Violet Torch Foundation?
Westchester Deltas Incdba Violet Torch Foundation's revenue in 2022 was $66,502.
Who are the executives of Westchester Deltas Incdba Violet Torch Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Westchester Deltas Incdba Violet Torch Foundation?
Westchester Deltas Incdba Violet Torch Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westchester Deltas Incdba Violet Torch Foundation
Westchester Deltas Incdba Violet Torch Foundation is dedicated to promoting human welfare, focusing on educational and social development. This nonprofit organization works towards enhancing the well-being of individuals by investing in their education and social development. Through various initiatives, the foundation aims to uplift and empower people, contributing to a more prosperous and harmonious society. The foundation offers several scholarships, including the DST - Westchester Alumnae Chapter Scholarship, the Yvonne Mason Williams Scholarship, the Heritage Award Scholarship, the Loretta Green Endowment, and the Elizabeth Blair Scholarship. Furthermore, the Frances Eleanor Martin Award is another way the foundation supports individuals in their pursuit of education and personal growth.
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Impact
August, 2024
The impact of Westchester Deltas Incdba Violet Torch Foundation is focused on promoting human welfare through educational and social development initiatives. This is achieved through scholarships and awards such as the Yvonne Mason Williams Scholarship, Heritage Award Scholarship, Loretta Green Endowment, Elizabeth Blair Scholarship, and Frances Eleanor Martin Award. The foundation's work directly benefits individuals in Yonkers, NY, by providing financial support and recognition to further their educational goals. Through these efforts, the foundation is making a tangible difference in the lives of those it serves, advancing education and empowering individuals to reach their full potential.
This information is meant to be a general summary of Westchester Deltas Incdba Violet Torch Foundation. 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: $3
- Gross Receipts: $66,502
Assets and Liabilities:
- Total Assets: $57,476
- Total Liabilities: $0
- Net Assets: $57,476
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Organization Details
Founding Year
2005
Principal Officer
Melanie Oram
Main Address
507 PALISADE AVENUE, YONKERS, NY, 10703
NTEE Category
Code: B99 - Education
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