Overview
What is Children's Healthcare Charity Inc?
Children's Healthcare Charity Inc, located in Palm Beach Gardens, Florida, is a nonprofit organization that derives its funding from the Honda Classic golf tournament. Its primary mission is to contribute to the charitable sector, specifically focusing on initiatives that positively impact children's health, development, and overall well-being. This is achieved through a variety of programs, encompassing both medical, educational, and social sectors. The organization's support extends to various 501(c)(3) organizations within the community, enhancing children's lives in numerous ways.
Official website here: www.thehondaclassic.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Children's Healthcare Charity Inc has earned an impressive Four-Star rating on Charity Navigator, reflecting a high level of accountability and financial health. This rating is particularly significant as it indicates that the charity operates with transparency and integrity, with a focus on responsible financial management.
The charity demonstrates notable strengths, including a fully independent board of directors and a strong commitment to ethical practices, as evidenced by its comprehensive conflict of interest and whistleblower policies. The organization allocates a substantial portion of its budget to program expenses, indicating a focus on its mission rather than administrative costs.
However, there is a notable limitation in fundraising efficiency, with the charity reporting a low ratio of funds raised per dollar spent on fundraising activities. This could suggest potential areas for improvement in generating revenue for its programs. Overall, the charity's financial practices and governance are commendable, but enhancing fundraising strategies may help bolster its financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Healthcare Charity Inc legitimate?
Children's Healthcare Charity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Healthcare Charity 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:
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For more financial information, click here
Official website here: www.thehondaclassic.com
What is the mission statement of Children's Healthcare Charity Inc?
The mission of Children's Healthcare Charity Inc, as stated, is to provide charitable support for activities that positively impact children's health, growth, and well-being. This is accomplished through the implementation of medical, educational, and social programs. The organization's philanthropic efforts are significantly boosted by the donations derived from the Honda Classic Golf Tournament, an event organized by the PGA Tour. These contributions are channeled to various 501(c)(3) charitable organizations within the community, thereby contributing to the betterment of children's lives.
Official website here: www.thehondaclassic.com
Who is the CEO of Children's Healthcare Charity Inc?
Joseph R Russo is the President of Children's Healthcare Charity Inc.
Official website here: www.thehondaclassic.com
What is the revenue of Children's Healthcare Charity Inc?
Children's Healthcare Charity Inc's revenue in 2023 was $9,376,142.
Official website here: www.thehondaclassic.com
Who are the executives of Children's Healthcare Charity Inc and what are their salaries?
There 1371 volunteers at Children's Healthcare Charity Inc.
Here are 28 key members and their salaries:
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Official website here: www.thehondaclassic.com
Where can I find the form 990 for Children's Healthcare Charity Inc?
Children's Healthcare Charity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thehondaclassic.com
Learn more at the official website: www.thehondaclassic.com
Mission Statement of Children's Healthcare Charity Inc
Children's Healthcare Charity Inc, a notable nonprofit organization, is committed to providing charitable support for activities that enhance the health, growth, and well-being of children. This mission is achieved through a multifaceted approach that encompasses medical, educational, and social programs. By leveraging the profits derived from the Honda Classic Golf Tournament, the charity extends its support to various 501(C)(3) organizations within the community, thereby contributing significantly to the overall well-being of children in the area.
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Impact
October, 2024
Children's Healthcare Charity Inc significantly enhances the health, growth, and well-being of children in the Palm Beach Gardens community through its dedicated efforts. By directing profits from the PGA Tour's Honda Classic Golf Tournament to various charitable organizations, it provides vital support for medical, educational, and social programs tailored to children's needs.
Their initiatives foster a healthier environment for children, ensuring access to necessary healthcare, advancing educational opportunities, and promoting social activities that contribute to overall development. This commitment not only benefits individual children but also strengthens the community by investing in its future generations. Through these impactful endeavors, Children's Healthcare Charity Inc plays a crucial role in improving the quality of life for numerous families, empowering them to thrive and succeed.
This information is meant to be a general summary of Children's Healthcare Charity 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.
- Investment Income: $78,670
- Gross Receipts: $23,207,244
Assets and Liabilities:
- Total Assets: $5,340,353
- Total Liabilities: $1,250,404
- Net Assets: $4,089,949
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Organization Details
Founding Year
2006
Phone
(561) 799-4644Principal Officer
Joseph R Russo
Main Address
CO IMG 3300 PGA BLVD 800, PALM BEACH GARDENS, FL, 33410
Website
www.thehondaclassic.comNTEE Category
Code: T12 - Philanthropy
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