Overview
What is Rhode Island Saltwater Anglers Foundation Inc?
The Rhode Island Saltwater Anglers Foundation is a non-profit organization with a charitable, educational, and scientific mission. Its primary aim is to distribute funds to other qualified organizations, as defined under Section 501(c)(3) of the Internal Revenue Code. This foundation operates with the objective of furthering its goals in the realms of charity, education, and science. While specific activities or initiatives are not explicitly stated, its purpose is clear: to support organizations working towards similar causes.
Official website here: www.risaa.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 76% (Three-Star out of Four Star rating).
The Rhode Island Saltwater Anglers Foundation has received a Three-Star rating, indicating a solid performance in accountability and finance. The organization excels in key areas such as having an entirely independent board and a high program expense ratio of 99.04%, meaning that the vast majority of its funds are directed toward its programs rather than administrative costs.
However, the foundation has notable limitations, particularly in its governance policies. It currently lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which significantly impact its overall accountability score. Implementing these policies would enhance transparency and trust among stakeholders.
Overall, while the foundation shows strong financial management and commitment to its mission, addressing the governance gaps would be essential for improving its rating and fostering greater confidence among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Rhode Island Saltwater Anglers Foundation Inc legitimate?
Rhode Island Saltwater Anglers Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island Saltwater Anglers 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
Official website here: www.risaa.org
What is the mission statement of Rhode Island Saltwater Anglers Foundation Inc?
The Rhode Island Saltwater Anglers Foundation, a charitable, educational, and scientific organization, has a mission to distribute funds exclusively to organizations recognized as exempt under Section 501(c)(3) of the Internal Revenue Code. This foundation aims to support and contribute to the betterment of these organizations, promoting their charitable and beneficial activities.
Official website here: www.risaa.org
Who is the CEO of Rhode Island Saltwater Anglers Foundation Inc?
Greg Vespe is the President of Rhode Island Saltwater Anglers Foundation Inc.
Official website here: www.risaa.org
What is the revenue of Rhode Island Saltwater Anglers Foundation Inc?
Rhode Island Saltwater Anglers Foundation Inc's revenue in 2022 was $40,490.
Official website here: www.risaa.org
Who are the executives of Rhode Island Saltwater Anglers Foundation Inc and what are their salaries?
There 12 volunteers at Rhode Island Saltwater Anglers Foundation Inc.
Here are 12 key members and their salaries:
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Official website here: www.risaa.org
Where can I find the form 990 for Rhode Island Saltwater Anglers Foundation Inc?
Rhode Island Saltwater Anglers Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.risaa.org
Learn more at the official website: www.risaa.org
Mission Statement of Rhode Island Saltwater Anglers Foundation Inc
The Rhode Island Saltwater Anglers Foundation, in simple terms, is a charitable, educational, and scientific organization. Its primary purpose is to contribute to other organizations that meet the criteria of being tax-exempt under Section 501(c)(3) of the Internal Revenue Code. This foundation aims to fulfill its mission by making distributions to such organizations, thereby supporting causes that strive for the betterment of society.
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Impact
June, 2024
Rhode Island Saltwater Anglers Foundation Inc has made a significant impact through its charitable, educational, and scientific missions. The organization's focus on supporting exempt organizations under Section 501(c)(3) of the Internal Revenue Code has enabled it to contribute effectively to various causes related to the environment. Their activities have helped raise awareness, educate the public, and support scientific research in the realm of saltwater angling and marine conservation. Overall, the foundation's work has positively impacted the environment and marine ecosystems in Rhode Island and beyond.
This information is meant to be a general summary of Rhode Island Saltwater Anglers 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 2022.
- Investment Income: $162
- Program Service Revenue: $20,435
- Gross Receipts: $40,490
Assets and Liabilities:
- Total Assets: $98,234
- Total Liabilities: $0
- Net Assets: $98,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other
License plates
Fish Camp
Revenue
$20,435
Organization Details
Founding Year
2004
Phone
(401) 826-2121Principal Officer
Greg Vespe
Main Address
P O Box 299, Tiverton, RI, 02878
Website
www.risaa.orgNTEE Category
Code: C32 - Environment
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