Overview
What is Run For Heroes Inc?
Run For Heroes Inc is a nonprofit organization that is dedicated to honoring and supporting the families of fallen heroes. Specifically, they focus on police, firefighters, and emergency personnel who tragically lost their lives while carrying out their duties. Run For Heroes achieves this by providing educational funds through The Hero Scholarship Fund. This initiative aims to alleviate financial burdens for the children left behind, ensuring they have the opportunity to pursue their education and maintain a stable future.
Official website here: www.delcorunforheroes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning it a Two-Star out of Four Star rating. This rating indicates that Run For Heroes Inc has significant room for improvement in its accountability and financial practices. While the organization demonstrates strong points in governance, such as having a majority independent board and no material diversion of assets, there are several key policies missing that are critical for transparency and accountability.
One of the main strengths of Run For Heroes Inc is its high program expense ratio of 90.25%, suggesting that a large portion of its expenditures are directed toward its mission. Additionally, the organization has effectively maintained an independent board and documented its board meeting minutes, which are positive indicators of governance. However, the absence of a conflict of interest policy, whistleblower policy, and proper document retention procedures raises concerns about its operational integrity.
Furthermore, the charity's liabilities to assets ratio of 94.71% is a significant red flag, indicating potential financial instability. The lack of accessible financial documents on its website also detracts from its transparency efforts. These limitations, combined with the overall accountability score of 61, suggest that while Run For Heroes Inc is dedicated to its cause, it needs to strengthen its governance policies and overall financial health to enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Run For Heroes Inc legitimate?
Run For Heroes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Run For Heroes 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.delcorunforheroes.com
What is the mission statement of Run For Heroes Inc?
Run for Heroes Inc. is an organization dedicated to supporting the educational needs of children who have lost their parents, serving in roles as police officers, firefighters, or other emergency personnel, during their line of duty. Their mission is to contribute to The Hero Scholarship Fund, an initiative that provides financial aid for these children's education. By doing so, Run for Heroes Inc. aims to honor and continue the legacy of these brave individuals while offering opportunities for their children's future. The organization works towards raising funds and awareness for this cause, thereby ensuring that the sacrifices made by these heroes' families do not impede their children's educational pursuits.
Official website here: www.delcorunforheroes.com
Who is the CEO of Run For Heroes Inc?
Robert Simpson is the President of Run For Heroes Inc.
Official website here: www.delcorunforheroes.com
What is the revenue of Run For Heroes Inc?
Run For Heroes Inc's revenue in 2022 was $57,474.
Official website here: www.delcorunforheroes.com
Who are the executives of Run For Heroes Inc and what are their salaries?
There 20 volunteers at Run For Heroes Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.delcorunforheroes.com
Where can I find the form 990 for Run For Heroes Inc?
Run For Heroes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.delcorunforheroes.com
Learn more at the official website: www.delcorunforheroes.com
Mission Statement of Run For Heroes Inc
Run for Heroes, as an organization, is dedicated to fulfilling its mission of supporting The Hero Scholarship Fund. This mission involves providing educational grants to the children of fallen heroes, specifically those who have lost their lives while serving as police officers, firefighters, or other emergency personnel. By offering these scholarships, Run for Heroes aims to alleviate some of the financial burden faced by these families, enabling the children to pursue their education and future aspirations. In this way, the nonprofit organization honors the sacrifices made by these heroes and assists in preserving their legacy.
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Impact
August, 2024
Run For Heroes Inc's impact includes providing crucial education funds for children of police, firefighters, and emergency personnel who lost their lives while on duty through the Hero Scholarship Fund. This support helps ensure that these children can access the education they deserve despite the hardships their families have faced. By doing so, Run For Heroes Inc contributes to the future success and well-being of these young individuals, offering a tangible form of assistance during difficult times.
This information is meant to be a general summary of Run For Heroes 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: $57,474
- Gross Receipts: $57,474
Assets and Liabilities:
- Total Assets: $54,689
- Total Liabilities: $51,800
- Net Assets: $2,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
5 K RACE / WALK
Revenue
$57,474
Organization Details
Founding Year
2001
Phone
(610) 544-5900Principal Officer
Robert Simpson
Main Address
436 RIDGE LANE, SPRINGFIELD, PA, 19064
Website
www.delcorunforheroes.comNTEE Category
Code: B82 - Education
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