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Jenna's Rainbow Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223654251 ✦ Tenafly, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Jenna's Rainbow Foundation Inc?

Jenna's Rainbow Foundation Inc, located at 24 W RAILROAD AVE ST 169, Tenafly, New Jersey 07670, is a nonprofit organization dedicated to providing support to other organizations that assist sick children. Their primary mission is to aid families battling pediatric brain and spinal cord tumors. This includes offering bereavement assistance during challenging times. The foundation's activities are centered around supporting these families throughout their journey, providing emotional and practical help as they navigate this difficult period.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Jenna's Rainbow Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity scored 100% in various categories including an independent board with a total of 14 members, a clean record with no material diversion of assets, and full transparency in their financial documentation. The high program expense ratio of 88.14% indicates that a significant portion of their funds is directed towards their programs rather than administrative costs.

The foundation also adheres to best practices with policies in place for conflicts of interest, whistleblower protections, and document retention. All of these factors contribute to its favorable evaluation, showing a well-organized and trustworthy nonprofit focused on its mission.

While the rating highlights the charity's strengths, it does not provide specific insights into the impact of their programs or community engagement, which are important factors for potential donors to consider. Nevertheless, the solid financial management and governance practices reinforce the foundation’s credibility in serving its cause.


This AI summary has been generated from information found on Charity Navigator.

Is Jenna's Rainbow Foundation Inc legitimate?

Jenna's Rainbow Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jenna's Rainbow Foundation 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

What is the mission statement of Jenna's Rainbow Foundation Inc?

Jenna's Rainbow Foundation Inc's mission is centered around providing support to families whose children are battling brain and spinal cord tumors. This support extends beyond the treatment period, also encompassing a bereavement period for those who have tragically lost their children. The foundation aims to assist these families in various ways, acting as a source of comfort and resources during their challenging journey. Furthermore, Jenna's Rainbow Foundation Inc collaborates with other organizations that help sick children, offering its support to these initiatives as well.

Who is the CEO of Jenna's Rainbow Foundation Inc?

Arnie Herrmann is the Board Member of Jenna's Rainbow Foundation Inc.

What is the revenue of Jenna's Rainbow Foundation Inc?

Jenna's Rainbow Foundation Inc's revenue in 2021 was $19,543.

Who are the executives of Jenna's Rainbow Foundation Inc and what are their salaries?


Here are 15 key members and their salaries:


Gideon Kamil (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Kamil (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnie Herrmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Potolsky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judi Herrmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Shulman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Shulman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Wachtel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Kovar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elyse Kovar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zev Wachtel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Barbanel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francie Steiner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Teicher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Potolsky (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jenna's Rainbow Foundation Inc?

Jenna's Rainbow Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Jenna's Rainbow Foundation Inc

Jenna's Rainbow Foundation Inc, a nonprofit organization, is dedicated to supporting families who are navigating the challenging journey of their children battling brain and spinal cord tumors. The foundation's mission extends beyond medical assistance, as it also provides bereavement support during this difficult time. By offering assistance to families affected by these tumors, Jenna's Rainbow Foundation aims to provide a comprehensive support system that goes beyond just medical care.

In addition to directly supporting families, Jenna's Rainbow Foundation also extends its assistance to other organizations that are working to help sick children. This collaborative approach allows the foundation to reach a broader audience and offer more comprehensive support to families in need. By standing alongside other organizations, Jenna's Rainbow Foundation is able to amplify its impact and ensure that no family feels alone in their fight against pediatric brain and spinal cord tumors.

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Impact




August, 2024

Jenna's Rainbow Foundation Inc has a significant impact on supporting families battling pediatric brain and spinal cord tumors, including providing bereavement assistance. The organization offers support to other organizations helping sick children in Tenafly, New Jersey. Its mission is to assist families dealing with the challenges of children facing brain and spinal cord tumors, including offering support during bereavement periods. The foundation's focus on health-related issues underscores its dedication to making a positive difference in the lives of these families.




This information is meant to be a general summary of Jenna's Rainbow Foundation 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.

Revenue
$19,543 (2021)
Expenses
$151,717 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $14,461
  • Gross Receipts: $161,558

Assets and Liabilities:

  • Total Assets: $819,073
  • Total Liabilities: $0
  • Net Assets: $819,073

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Organization Details

Founding Year

1999

Principal Officer

Arnie Herrmann

Main Address

24 W RAILROAD AVE ST 169, TENAFLY, NJ, 07670

NTEE Category

Code: E20 - Health

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