Overview
What is The Reciprocity Foundation?
The Reciprocity Foundation is a 501c3 nonprofit organization situated in New York City. Its primary mission is to aid trauma survivors, particularly young adults from the BIPOC and LGBTQ communities, in their healing journey. By providing mental health, holistic health, and life skills support services, this charitable organization aims to help survivors secure employment and housing, access education and training, and ultimately, regain their full potential as individuals. The Reciprocity Foundation's holistic approach focuses on healing the mind and body, ensuring that survivors can lead fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. The Reciprocity Foundation has achieved a solid score based primarily on its accountability and financial health. The rating indicates that the organization has strong governance practices and effective financial management, which are vital indicators for potential donors.
Strengths of The Reciprocity Foundation include a high percentage of independent board members (88%) and a well-structured board size comprising eight members. Additionally, the organization has demonstrated transparency with documented board meeting minutes and a clear conflict of interest policy. Their financial ratios further reflect stability, including a zero liabilities to assets ratio and a robust program expense ratio of over 80%.
While the foundation's overall rating is commendable, potential donors may find it important to consider the limited scope of the evaluation, which focuses solely on accountability and finance. Other factors such as impact and program effectiveness were not assessed in this rating, which could provide a more comprehensive view of the organization's performance and influence.
This AI summary has been generated from information found on Charity Navigator.
Is The Reciprocity Foundation legitimate?
The Reciprocity Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Reciprocity 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: $9,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000
For more financial information, click here
What is the mission statement of The Reciprocity Foundation?
The Reciprocity Foundation's mission is centered around supporting BIPOC and LGBTQ trauma survivors, mainly focusing on young adults. The organization provides comprehensive health and educational services to aid these individuals in securing employment and housing, pursuing education and training, and ultimately, in their healing process. This holistic approach aims to empower these survivors to reach their full potential and thrive as individuals.
Who is the CEO of The Reciprocity Foundation?
Taslim Tagore is the Trustee of The Reciprocity Foundation.
What is the revenue of The Reciprocity Foundation?
The Reciprocity Foundation's revenue in 2022 was $3,438.
Who are the executives of The Reciprocity Foundation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $9,375
- Related: $9,375
- Other: $17,969
- Compensation: $6,000
- 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 The Reciprocity Foundation?
The Reciprocity Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Reciprocity Foundation
The Reciprocity Foundation is committed to assisting Black, Indigenous, People of Color (BIPOC) and LGBTQ trauma survivors, particularly young adults, in their journey towards healing and self-sufficiency. Their mission is to provide comprehensive support services, encompassing holistic health, mental health, and education, aimed at empowering these individuals to secure employment and housing, expand their educational opportunities, and ultimately, achieve their full potential. By offering these resources, The Reciprocity Foundation seeks to aid in the healing process for these survivors, enabling them to overcome the burdens of their traumatic experiences and lead fulfilling lives.
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Impact
August, 2024
The Reciprocity Foundation has positively impacted the lives of BIPOC and LGBTQ trauma survivors, primarily young adults, by providing comprehensive support services aimed at holistic health, mental well-being, and education. Through their efforts, individuals have been able to secure stable employment and housing, access educational and training opportunities, and embark on a journey of healing. The organization's commitment to empowering individuals to realize their full potential as human beings is evident in the transformative outcomes achieved by those they serve.
This information is meant to be a general summary of The Reciprocity 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: -$40,424
- Gross Receipts: $3,438
Assets and Liabilities:
- Total Assets: $140,210
- Total Liabilities: $0
- Net Assets: $140,210
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Organization Details
Principal Officer
Taslim Tagore
Main Address
151 W 19th Suite 1101, New York, NY, 10011
NTEE Category
Code: P80 - Human services
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