Overview
What is Rotary Club Of Forked River Charitable Foundation?
The Rotary Club Of Forked River Charitable Foundation, located in Forked River, New Jersey, is a nonprofit organization committed to making donations to charitable and non-profit organizations. Their primary mission is to provide financial aid for community improvements and relief to individuals and families in need, extending their support to both Rotary International-affiliated charities and unrelated organizations within their local and international communities. The Foundation's activities primarily involve donating money to various charitable causes, aiming to alleviate hardships and promote community development on a global scale.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Rotary Club Of Forked River Charitable Foundation demonstrates strong financial management, with a program expense ratio of 97.88%, indicating a high commitment to allocating resources toward its charitable activities. Additionally, the foundation boasts a fully independent board and has effectively documented its board meeting minutes, which reflects a solid governance structure.
However, the organization has notable limitations in its accountability practices. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which raises concerns regarding transparency and ethical governance. These missing elements may affect stakeholder confidence in the foundation's operations.
Overall, while the Rotary Club Of Forked River Charitable Foundation shows strengths in financial accountability and governance structure, the absence of key policies limits its overall rating and may hinder future growth and trust among potential donors. Addressing these gaps could enhance its accountability and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Club Of Forked River Charitable Foundation legitimate?
Rotary Club Of Forked River Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Forked River Charitable 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Rotary Club Of Forked River Charitable Foundation?
The Rotary Club Of Forked River Charitable Foundation's mission is centered around donating funds to various charities and individuals in need, both locally and internationally. This extends to organizations affiliated with Rotary International as well as those unrelated to it. The primary objective of these donations is to support community improvements and provide relief to individuals and families facing hardships. The foundation's activities primarily involve giving financial assistance to charitable and non-profit organizations.
Who is the CEO of Rotary Club Of Forked River Charitable Foundation?
Mike Dibella is the Vice President of Rotary Club Of Forked River Charitable Foundation.
What is the revenue of Rotary Club Of Forked River Charitable Foundation?
Rotary Club Of Forked River Charitable Foundation's revenue in 2023 was $55,990.
Who are the executives of Rotary Club Of Forked River Charitable Foundation and what are their salaries?
There 20 volunteers at Rotary Club Of Forked River Charitable Foundation.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rotary Club Of Forked River Charitable Foundation?
Rotary Club Of Forked River Charitable Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rotary Club Of Forked River Charitable Foundation
The Rotary Club of Forked River Charitable Foundation, as a non-profit organization, is committed to its primary exempt purpose. This purpose involves donating funds to charities and individuals in need, both locally and internationally. The foundation extends its support to organizations affiliated with Rotary International, as well as unrelated organizations within its own community. Moreover, the foundation's generosity extends beyond its network, reaching out to those in need beyond its borders. By making these donations, the Rotary Club of Forked River Charitable Foundation aims to contribute to community improvements and provide relief to individuals and families who are facing hardships. The foundation's mission is to use its resources to make a positive impact, helping to improve the lives of those in need, both within and beyond its community.
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Impact
August, 2024
The Rotary Club Of Forked River Charitable Foundation makes a significant impact by donating money to support local, national, and international charities and individuals in need. Through their charitable contributions, they provide funds for community improvements and offer relief to individuals and families facing difficult circumstances. Their mission to support both Rotary International-affiliated organizations and other unrelated charities demonstrates their commitment to making a positive difference in their community and beyond.
This information is meant to be a general summary of Rotary Club Of Forked River Charitable 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 2023.
- Investment Income: $377
- Program Service Revenue: $7,770
- Gross Receipts: $55,990
Assets and Liabilities:
- Total Assets: $275,097
- Total Liabilities: $49,434
- Net Assets: $225,663
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Elf Program
Revenue
$7,770
Organization Details
Founding Year
1990
Principal Officer
Mike Dibella
Main Address
PO Box 211, Forked River, NJ, 08731
NTEE Category
Code: S80 - Community improvement
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