Overview
What is Rosemary Beach Foundation Inc?
Rosemary Beach Foundation Inc is a nonprofit organization primarily dedicated to promoting and supporting various charitable activities in the Rosemary Beach and Walton County area. Their mission extends beyond their local community, as they may occasionally offer emergency or disaster relief assistance to charitable organizations in neighboring counties. Their scope of work encompasses cultural, educational, environmental, literary, and other charitable endeavors. The foundation's activities aim to enrich and uplift the community, while their philanthropic efforts extend to supporting other 501(c)(3) charities in times of need.
Official website here: www.rosemarybeachfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating. The Rosemary Beach Foundation Inc has received a Three-Star rating, indicating a solid performance in the area of accountability and finance. This rating reflects a commitment to transparency and effective financial management, which is crucial for building trust among donors and stakeholders.
The foundation boasts a fully independent board of directors, which is a significant strength as it enhances decision-making and governance. Additionally, there have been no reported material diversions of assets, and the foundation's program expenses reflect a full commitment to its mission, with 100% of its expenses directed toward its programs. However, the absence of certain policies, such as those for conflict of interest and whistleblower protections, suggests areas for improvement in governance practices.
While the charity showcases strong financial health and a commitment to its mission, the missing governance policies may raise concerns among potential donors regarding the organization's overall accountability. Addressing these policy shortcomings could further bolster the foundation's credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rosemary Beach Foundation Inc legitimate?
Rosemary Beach Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosemary Beach 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: $57,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.rosemarybeachfoundation.org
What is the mission statement of Rosemary Beach Foundation Inc?
The Rosemary Beach Foundation Inc's mission is centered around promoting and supporting various charitable activities, primarily focusing on cultural, educational, environmental, and literary initiatives. The organization also extends its support to literacy and other charitable causes. In times of need, it may provide emergency or disaster relief assistance to charitable organizations in adjacent counties. The foundation also supports other 501(c)(3) charities, showing a commitment to a broader scope of charitable work.
Official website here: www.rosemarybeachfoundation.org
Who is the CEO of Rosemary Beach Foundation Inc?
Austin Bentley is the President of Rosemary Beach Foundation Inc.
Official website here: www.rosemarybeachfoundation.org
What is the revenue of Rosemary Beach Foundation Inc?
Rosemary Beach Foundation Inc's revenue in 2023 was $72,783.
Official website here: www.rosemarybeachfoundation.org
Who are the executives of Rosemary Beach Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.rosemarybeachfoundation.org
Where can I find the form 990 for Rosemary Beach Foundation Inc?
Rosemary Beach Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rosemarybeachfoundation.org
Learn more at the official website: www.rosemarybeachfoundation.org
Mission Statement of Rosemary Beach Foundation Inc
The Rosemary Beach Foundation Inc is committed to promoting and supporting various charitable activities. Primarily, its focus is on cultural, educational, environmental, and literary initiatives within the Rosemary Beach and Walton County area. However, the foundation has the flexibility to extend its assistance beyond these borders, providing emergency or disaster relief aid to neighboring charitable organizations in need. In addition to its local endeavors, the foundation also supports other 501(c)(3) charities, demonstrating its broader commitment to charitable causes. By pursuing these objectives, the Rosemary Beach Foundation Inc endeavors to make a positive impact on its community and beyond.
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Impact
August, 2024
Rosemary Beach Foundation Inc's impact is significant in promoting and supporting cultural, educational, environmental, literary, and other charitable activities primarily in the Rosemary Beach and Walton County area. Additionally, the organization may provide emergency or disaster relief assistance to other charitable organizations in adjacent counties when needed. By supporting various 501(c)(3) charities, Rosemary Beach Foundation Inc contributes to improving the community's well-being and fostering a culture of philanthropy.
This information is meant to be a general summary of Rosemary Beach 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 2023.
- Gross Receipts: $307,329
Assets and Liabilities:
- Total Assets: $288,336
- Total Liabilities: $60,448
- Net Assets: $227,888
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Organization Details
Founding Year
2005
Phone
(850) 231-1861Principal Officer
Austin Bentley
Main Address
PO BOX 611306, ROSEMARY BEACH, FL, 32461
NTEE Category
Code: T12 - Philanthropy
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