Overview
What is Okanogan-Omak Rotary Foundation?
The Okanogan-Omak Rotary Foundation is a community-focused nonprofit organization based in its namesake area. Its primary mission is to foster local youth and business development, engaging in various activities such as providing scholarships, participating in district-wide Rotary events, and actively contributing to the youth business week. The foundation also hosts an annual fishing derby and undertakes numerous small projects aimed at uplifting the community. It's a vibrant entity dedicated to enriching its local area.
Official website here: www.okanogan-omakrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Okanogan-Omak Rotary Foundation has achieved a Three-Star rating with a score of 76%, primarily based on its accountability and finance metrics. This rating indicates a strong level of financial health and responsible governance, as demonstrated by its perfect scores in majority independent board members, independent board size, and no material diversion of assets.
The foundation demonstrates effective financial practices, with a program expense ratio of 89.83%, indicating that a significant portion of its funds is directed towards its charitable programs. However, it does have notable gaps in its governance policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements may raise concerns regarding transparency and accountability.
Overall, while the Okanogan-Omak Rotary Foundation exhibits strong financial management and an independent governance structure, the absence of certain key policies suggests areas for improvement to enhance transparency and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Okanogan-Omak Rotary Foundation legitimate?
Okanogan-Omak Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Okanogan-Omak Rotary Foundation 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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Official website here: www.okanogan-omakrotary.org
What is the mission statement of Okanogan-Omak Rotary Foundation?
The Okanogan-Omak Rotary Foundation's mission is centered around promoting local youth and business activities. They actively support district-wide Rotary events and provide scholarships to eight deserving individuals each year. The foundation also takes part in the youth business week and organizes an annual fishing derby. Additionally, they engage in various small projects aimed at uplifting the community. Overall, their efforts aim to contribute positively to the local youth and business sector.
Official website here: www.okanogan-omakrotary.org
What is the revenue of Okanogan-Omak Rotary Foundation?
Okanogan-Omak Rotary Foundation's revenue in 2024 was $132,616.
Official website here: www.okanogan-omakrotary.org
Who are the executives of Okanogan-Omak Rotary Foundation and what are their salaries?
There 42 volunteers at Okanogan-Omak Rotary Foundation.
Here are 10 key members and their salaries:
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Official website here: www.okanogan-omakrotary.org
Where can I find the form 990 for Okanogan-Omak Rotary Foundation?
Okanogan-Omak Rotary Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.okanogan-omakrotary.org
Learn more at the official website: www.okanogan-omakrotary.org
Mission Statement of Okanogan-Omak Rotary Foundation
The Okanogan-Omak Rotary Foundation is dedicated to fostering the growth and development of local youth and businesses. This nonprofit organization plays an active role in promoting community activities, supporting district-wide Rotary events, and providing financial aid through the distribution of eight scholarships. Furthermore, the Okanogan-Omak Rotary Foundation is involved in the youth business week and organizes an annual fishing derby, all with the aim of strengthening the community. Beyond these initiatives, the foundation also engages in numerous small projects that contribute to the overall well-being of the community. In essence, the Okanogan-Omak Rotary Foundation is committed to supporting the local youth and businesses, fostering a sense of community, and contributing to various community development projects.
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Impact
August, 2024
The Okanogan-Omak Rotary Foundation's impact is significant in promoting local youth and business activities in the Omak community. This organization supports district-wide Rotary events, gives out scholarships, participates in youth business week initiatives, hosts an annual fishing derby, and undertakes various other projects that enhance and uplift the community. Their focus on human services, particularly in the areas of youth development and business promotion, contributes positively to the well-being and growth of the local community.
This information is meant to be a general summary of Okanogan-Omak Rotary Foundation. 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 2024.
- Investment Income: $10,035
- Gross Receipts: $162,100
Assets and Liabilities:
- Total Assets: $200,826
- Total Liabilities: $0
- Net Assets: $200,826
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Organization Details
Founding Year
2006
Principal Officer
Eric Schneider
Website
www.okanogan-omakrotary.orgNTEE Category
Code: P12 - Human services
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