Overview
What is Party With Purpose Inc?
Party With Purpose Inc is a charitable organization situated in New Jersey, renowned for hosting various events annually. Their primary event is a 5k race along the waterfront, which generates funds for numerous local organizations focused on children's welfare, health, and educational programs. Special events such as the winter benefit, thanksgiving dinner, and holiday dinner further contribute to supporting these causes. Party With Purpose Inc's mission revolves around organizing events to benefit local charitable partners, ultimately contributing to the betterment of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Party With Purpose Inc has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is influenced entirely by its Accountability & Finance score, which stands at an impressive 93%. This rating reflects the organization's commitment to transparency and responsible financial management.
Notable strengths of Party With Purpose Inc include a fully independent board with 10 out of 10 members, which enhances governance and decision-making processes. The organization has also demonstrated excellent practices in its policies, such as having comprehensive conflict of interest, whistleblower, and document retention policies. Additionally, its liabilities to assets ratio is 0.00%, highlighting solid financial stability.
While the Program Expense Ratio is commendable at 68.90%, there is a slight room for improvement to reach the highest tier standards. Nonetheless, the absence of material diversion of assets and the well-documented board minutes further reinforce the charity's reliability and commitment to its mission. Overall, Party With Purpose Inc showcases a robust financial framework and governance model beneficial for its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Party With Purpose Inc legitimate?
Party With Purpose Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Party With Purpose 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 Party With Purpose Inc?
Party With Purpose Inc is a charitable organization that conducts various events annually to support local charitable partners. Their primary event is a 5k race along the waterfront, which primarily benefits organizations based in New Jersey, focusing on children's programs, health initiatives, and educational projects. Furthermore, Party With Purpose organizes special events such as the winter benefit, Thanksgiving dinner, and the holiday dinner to raise funds for these initiatives. These events aim to contribute positively to the local community by supporting programs that prioritize children's needs, health improvements, and educational advancements.
Who is the CEO of Party With Purpose Inc?
Scott Delea is the Ceo of Party With Purpose Inc. The CEO's salary of Party With Purpose Inc is $0 and their total compensation is $0.
What is the revenue of Party With Purpose Inc?
Party With Purpose Inc's revenue in 2022 was $75,712.
Who are the executives of Party With Purpose Inc and what are their salaries?
There 100 volunteers at Party With Purpose Inc.
Here are 10 key members and their salaries (Party With Purpose Inc's CEO's salary is $0 and their total compensation is $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
- 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
Where can I find the form 990 for Party With Purpose Inc?
Party With Purpose Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Party With Purpose Inc
Party With Purpose Inc, a charitable organization, is committed to hosting events throughout the year with a noble intention of supporting local charitable partners. The primary event that contributes significantly to their mission is the annual 5k race along the waterfront, which generously benefits various New Jersey-based organizations focusing on children, health, or education programs. Additionally, Party With Purpose Inc organizes special events such as the winter benefit, Thanksgiving dinner, and the holiday dinner to raise additional funds for these causes. Through these events, the nonprofit aims to make a tangible impact on the local community, contributing to the betterment of children's lives, promoting health initiatives, and enhancing educational opportunities.
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
Party With Purpose Inc has a significant impact on the local community in Hoboken, New Jersey. Through its various events held throughout the year, such as the 5k race along the waterfront and special fundraisers like the winter benefit, Thanksgiving dinner, and holiday dinner, Party With Purpose raises funds to support local activities focused on children, health, and education programs. This charity plays a crucial role in supporting and benefiting several New Jersey-based organizations, making a positive difference in the lives of many individuals in need.
This information is meant to be a general summary of Party With Purpose 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: $75
- Program Service Revenue: $68,547
- Gross Receipts: $75,712
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Hoboken 5k
Revenue
$34,752
Winter Benefit
Revenue
$24,459
Marathon Team
Revenue
$9,336
Organization Details
Founding Year
2002
Phone
(201) 266-0025Principal Officer
Scott Delea
Main Address
51 Newark St, Hoboken, NJ, 07030
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Party With Purpose Inc 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.