Overview
What is Passaic County 200 Club?
The Passaic County 200 Club is a nonprofit organization that primarily focuses on providing charitable support, primarily in the form of scholarships, to the children of law enforcement personnel. They manage funds and properties, which they strategically invest, and subsequently distribute as gifts. The organization's mission is centered around this charitable endeavor, contributing to the education and well-being of the families of those who serve and protect our communities.
Official website here: www.pc200club.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 16%, Zero-Star out of Four Star rating.
The Passaic County 200 Club has received a low score primarily due to significant shortcomings in accountability and finance practices. The organization has no independent board members, which is a critical factor in promoting transparency and ethical governance. Furthermore, it lacks essential policies, such as a conflict of interest policy and a whistleblower policy, which further detracts from its accountability score.
The organization demonstrates some positive aspects, such as having no material diversion of assets and maintaining minutes for board meetings. However, the overall financial health is concerning, as indicated by a very low program expense ratio of 13.69%. This suggests that the majority of its funds may not be directed toward its charitable programs, raising questions about its effectiveness in fulfilling its mission.
Overall, the Passaic County 200 Club faces significant challenges in governance and financial management, making it essential for potential donors and stakeholders to exercise caution. Improved practices in accountability and finance could enhance its standing and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Passaic County 200 Club legitimate?
Passaic County 200 Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passaic County 200 Club 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $16,444
For more financial information, click here
Official website here: www.pc200club.org
What is the mission statement of Passaic County 200 Club?
The Passaic County 200 Club is an organization that collects funds and property, invests them, and distributes them as voluntary and charitable contributions primarily focused on granting scholarships to the children of law enforcement personnel. The organization's main mission is to support these children, demonstrating a commitment to the families of law enforcement officers.
Official website here: www.pc200club.org
What is the revenue of Passaic County 200 Club?
Passaic County 200 Club's revenue in 2023 was $96,854.
Official website here: www.pc200club.org
Who are the executives of Passaic County 200 Club and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.pc200club.org
Where can I find the form 990 for Passaic County 200 Club?
Passaic County 200 Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pc200club.org
Learn more at the official website: www.pc200club.org
Mission Statement of Passaic County 200 Club
The Passaic County 200 Club, as a nonprofit organization, is primarily dedicated to collecting funds and property. They then invest these resources and distribute them as charitable gifts, with a significant focus on scholarships for the children of law enforcement personnel. By doing so, the Passaic County 200 Club aims to support the education of the next generation, whose parents have served in law enforcement roles. This mission reflects the organization's commitment to giving back to the community, particularly to the families of those who protect and serve.
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Impact
August, 2024
Passaic County 200 Club provides vital support to the children of law enforcement officers through the awarding of scholarships. These scholarships can have a lasting impact on the lives of these students, offering them opportunities for higher education and a brighter future. By investing in the education of these children, the Passaic County 200 Club is not only honoring the service of their parents but also helping to build a stronger and more resilient community.
This information is meant to be a general summary of Passaic County 200 Club. 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: $5,614
- Gross Receipts: $96,854
Assets and Liabilities:
- Total Assets: $291,770
- Total Liabilities: $3,750
- Net Assets: $288,020
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Organization Details
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