Overview
What is Oliver Hazard Perry Rhode Island Inc?
Oliver Hazard Perry Rhode Island Inc, located at 11A Bridge Street, Newport, RI 02840, is a nonprofit organization dedicated to delivering innovative and empowering education programs both at sea and on land. The mission of this organization is to foster personal growth and professional development, while raising awareness of opportunities in the maritime industry, marine trades, and defense sector for the communities of Rhode Island and Southern New England. Through these programs, OHPRI aims to promote learning and development, ultimately benefiting the local community. With a team of 14 dedicated individuals, the organization is committed to making a positive impact in these fields.
Official website here: www.ohpri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star Rating.
Oliver Hazard Perry Rhode Island Inc has received a low overall score of 58% from Charity Navigator, reflecting significant concerns primarily in accountability and financial transparency. While the organization boasts a fully independent board and adheres to certain governance practices like document retention and maintaining meeting minutes, it has notable gaps in critical areas such as financial reporting and conflict of interest policies.
The charity exhibits a strong commitment to program expenses, with 91.97% of its expenditures allocated to programs, indicating a focus on fulfilling its mission. However, the lack of financial statements and transparency raises questions about fiscal health, as evidenced by a concerning liabilities to assets ratio of 127.62%. This suggests potential financial instability, which may impact the organization's long-term sustainability.
Moreover, the absence of key policies related to whistleblowing and conflicts of interest further underscores the need for improved governance practices. As potential donors and stakeholders consider their support, addressing these accountability gaps will be crucial for restoring confidence and enhancing the organization's overall standing.
This AI summary has been generated from information found on Charity Navigator.
Is Oliver Hazard Perry Rhode Island Inc legitimate?
Oliver Hazard Perry Rhode Island Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oliver Hazard Perry Rhode Island 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: $157,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $182,528
For more financial information, click here
Official website here: www.ohpri.org
What is the mission statement of Oliver Hazard Perry Rhode Island Inc?
Oliver Hazard Perry Rhode Island Inc's mission is centered around providing innovative and empowering education programs both at sea and ashore. These programs aim to foster personal growth and professional development, while simultaneously raising awareness of opportunities in the maritime industry, marine trades, and the defense sector. The organization seeks to benefit the communities of Rhode Island and Southern New England by promoting these sectors, thereby enabling individuals to explore potential career paths.
Official website here: www.ohpri.org
Who is the CEO of Oliver Hazard Perry Rhode Island Inc?
Richard Gersh is the Chair of Oliver Hazard Perry Rhode Island Inc.
Official website here: www.ohpri.org
What is the revenue of Oliver Hazard Perry Rhode Island Inc?
Oliver Hazard Perry Rhode Island Inc's revenue in 2022 was $681,555.
Official website here: www.ohpri.org
Who are the executives of Oliver Hazard Perry Rhode Island Inc and what are their salaries?
The average compensation at Oliver Hazard Perry Rhode Island Inc during 2022 was $24,263. There are 14 employees and 10 volunteers at Oliver Hazard Perry Rhode Island Inc.
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Official website here: www.ohpri.org
Where can I find the form 990 for Oliver Hazard Perry Rhode Island Inc?
Oliver Hazard Perry Rhode Island Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ohpri.org
Learn more at the official website: www.ohpri.org
Mission Statement of Oliver Hazard Perry Rhode Island Inc
Oliver Hazard Perry Rhode Island Inc, often referred to as OHPRI, is dedicated to delivering innovative and empowering education programs both at sea and on land. Their primary objective is to promote personal growth and professional development, while raising awareness of the vast opportunities available in the maritime industry, marine trades, and the defense sector. By offering these programs, OHPRI aims to benefit the communities of Rhode Island and Southern New England. Through their initiatives, they seek to foster an understanding of these sectors and encourage individuals to pursue careers in these fields.
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Impact
July, 2024
Oliver Hazard Perry Rhode Island Inc's impact lies in providing innovative and empowering education programs both at sea and ashore. These programs aim to promote personal growth and professional development while raising awareness of opportunities in the maritime industry, marine trades, and defense sector for the communities of Rhode Island and Southern New England. Their efforts contribute to expanding horizons, nurturing skills, and fostering a deeper understanding of the possibilities within these sectors, ultimately enriching the lives of participants and benefitting the broader community.
This information is meant to be a general summary of Oliver Hazard Perry Rhode Island 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.
- Program Service Revenue: $220,483
- Gross Receipts: $681,555
Assets and Liabilities:
- Total Assets: $5,725,815
- Total Liabilities: $5,393,969
- Net Assets: $331,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PARTNERSHIP
Revenue
$220,483
Organization Details
Founding Year
2007
Phone
(401) 841-0080Principal Officer
Richard Gersh
Main Address
11A BRIDGE STREET, NEWPORT, RI, 02840
Website
www.ohpri.orgNTEE Category
Code: A84 - Arts
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