Overview
What is Dcu For Kids?
Dcu For Kids is a nonprofit organization situated in Marlborough, Massachusetts, specifically at 220 Donald Lynch Boulevard. Their primary mission is to distribute charitable donations to deserving causes and charities that primarily focus on supporting children and families. In addition to this, they also offer scholarships to high school seniors who aspire to pursue higher education at state or nationally accredited institutions. The organization's activities involve awarding scholarships and distributing donations to various worthy causes, contributing positively to the lives of children and families within their community.
Official website here: www.dcuforkids.org
What are the reviews and ratings of this charity?
Charity Navigator rates Dcu For Kids with an 81%, which translates to a Three-Star out of Four Star rating. This rating reflects the charity's strong emphasis on accountability and finance, with the overall score derived solely from this aspect. The charity achieved a perfect score in several key areas, including audit and oversight, material diversion of assets, and program expense ratio.
The organization demonstrates robust financial management practices, evidenced by a low liabilities to assets ratio of 3.75%, indicating sound fiscal health. Their commitment to transparency is further highlighted by the presence of essential policies such as conflict of interest, whistleblower, and document retention policies, all of which received full scores.
While the organization excels in accountability and finance, the limited scope of the rating suggests that additional evaluations regarding program effectiveness or community impact may not have been assessed. Nevertheless, the charity appears to maintain strong operational practices, ensuring that a significant portion of its resources is directed towards its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Dcu For Kids legitimate?
Dcu For Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dcu For Kids 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.dcuforkids.org
What is the mission statement of Dcu For Kids?
Dcu For Kids, as an organization, is dedicated to distributing charitable donations to deserving causes and charities that primarily benefit children and families. One of their key initiatives involves awarding scholarships to deserving high school seniors who are planning to attend a state or nationally accredited college or university. The primary objective of these activities is to support the well-being and academic pursuits of children and their families. Through their scholarship program and charitable donations, Dcu For Kids aims to make a positive impact on the lives of many children and families in need.
Official website here: www.dcuforkids.org
Who is the CEO of Dcu For Kids?
Laurie Lachapelle is the Chair/Tresurer of Dcu For Kids.
Official website here: www.dcuforkids.org
What is the revenue of Dcu For Kids?
Dcu For Kids's revenue in 2022 was $1,945,803.
Official website here: www.dcuforkids.org
Who are the executives of Dcu For Kids and what are their salaries?
There 17 volunteers at Dcu For Kids.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dcuforkids.org
Where can I find the form 990 for Dcu For Kids?
Dcu For Kids's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dcuforkids.org
Learn more at the official website: www.dcuforkids.org
Mission Statement of Dcu For Kids
Dcu For Kids, as a non-profit organization, is dedicated to distributing charitable donations to deserving causes and charities that positively impact children and families. Beyond this, the organization also awards scholarships to high school seniors with commendable academic records, who are planning to pursue their higher education at state or nationally accredited colleges or universities. By offering these scholarships, Dcu For Kids aims to support the educational aspirations of deserving individuals, thereby contributing to their future success and the betterment of society. The organization's overall mission is to make a significant difference in the lives of children and families, through both financial assistance and educational opportunities.
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Impact
August, 2024
DCU For Kids has a significant impact on the lives of children and families by distributing charitable donations to deserving causes and nonprofit organizations. In addition to providing financial support, the organization also awards scholarships to high school seniors, enabling them to pursue higher education at accredited colleges or universities. By focusing on philanthropy and supporting education, DCU For Kids plays a vital role in fostering opportunities and making a positive difference in the community.
This information is meant to be a general summary of Dcu For Kids. 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: $27,060
- Gross Receipts: $2,545,047
Assets and Liabilities:
- Total Assets: $5,028,515
- Total Liabilities: $189,000
- Net Assets: $4,839,515
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Organization Details
Founding Year
2004
Phone
(800) 328-8797Principal Officer
Laurie Lachapelle
Main Address
220 Donald Lynch Boulevard, Marlborough, MA, 01752
Website
www.dcuforkids.orgNTEE Category
Code: T30 - Philanthropy
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