Overview
What is Roots & Wings Foundation?
The Roots & Wings Foundation, situated in Denville, New Jersey, is a nonprofit organization committed to supporting young adults who have aged out of foster care. Recognizing the importance of a strong educational foundation and social maturity, the Foundation makes a long-term investment in each individual, offering case management services to act as a safety net, shielding them from the risks that often accompany a lack of support and guidance. Their mission is to provide safe housing, emotional support, life skills, and educational opportunities, empowering these young adults to reach their full potential. With a team of eight dedicated professionals, the Foundation strives to create a nurturing environment, allowing these individuals to thrive and build a promising future.
Official website here: www.rootsandwingsnj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars) from Charity Navigator
Roots & Wings Foundation has achieved a high level of accountability and financial performance, reflected in its impressive 96% rating from Charity Navigator. This rating is entirely derived from its accountability and finance metrics, indicating a strong commitment to ethical management and transparency in operations. The foundation has demonstrated excellence in areas such as having a fully independent board and maintaining robust financial oversight.
The organizational strengths of Roots & Wings Foundation include its rigorous adherence to governance standards, with all board members being independent and a significant focus on financial health. The foundation has a solid program expense ratio of 81.44%, showcasing a dedication to directing funds towards its mission rather than administrative costs. Furthermore, it has implemented comprehensive policies for conflict of interest, whistleblower protection, and document retention, enhancing its credibility.
While the data shows no apparent weaknesses, the high score primarily reflects financial and accountability practices, which are important but do not cover programmatic impact or community feedback. Overall, the Roots & Wings Foundation stands out as a well-managed nonprofit that prioritizes financial responsibility and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Roots & Wings Foundation legitimate?
Roots & Wings Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roots & Wings 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: $83,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,050
For more financial information, click here
Official website here: www.rootsandwingsnj.org
What is the mission statement of Roots & Wings Foundation?
The Roots & Wings Foundation's mission is centered around providing support to youth who are transitioning out of foster care. Their objective is to offer safe housing, emotional support, and life skills education, empowering these young individuals to reach their full potential. The foundation makes a long-term investment in each young adult, providing them with the time and necessary support to establish a strong educational foundation and social maturity, thereby increasing their chances of success. The case management services provided by their professional staff serve as a safety net, shielding these young people from the risks and challenges they may encounter without such support and guidance.
Official website here: www.rootsandwingsnj.org
Who is the CEO of Roots & Wings Foundation?
Scott Kraemer is the Executive Director (Thru 09/22 of Roots & Wings Foundation.
Official website here: www.rootsandwingsnj.org
What is the revenue of Roots & Wings Foundation?
Roots & Wings Foundation's revenue in 2022 was $1,018,044.
Official website here: www.rootsandwingsnj.org
Who are the executives of Roots & Wings Foundation and what are their salaries?
The average compensation at Roots & Wings Foundation during 2022 was $48,481. There are 8 employees and 40 volunteers at Roots & Wings Foundation.
Here are 17 key members and their salaries:
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Official website here: www.rootsandwingsnj.org
Where can I find the form 990 for Roots & Wings Foundation?
Roots & Wings Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rootsandwingsnj.org
Learn more at the official website: www.rootsandwingsnj.org
Mission Statement of Roots & Wings Foundation
Roots & Wings Foundation is committed to providing safe housing, emotional support, life skills, and educational opportunities for youth who are transitioning out of foster care. Their mission is to empower these young adults, helping them rise towards their greatest potential. By making a long-term investment in each young adult, the foundation allows them the time and support necessary to build a solid educational foundation and develop social maturity, ultimately setting them up for success. The case management services offered by Roots & Wings Foundation's professional staff serve as a safety net, protecting these young people from the risks that former foster youth often face when left without support and guidance.
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Impact
October, 2024
Roots & Wings Foundation significantly impacts youth aging out of foster care by offering a comprehensive support system that addresses their unique challenges. By providing safe housing, emotional support, life skills training, and educational opportunities, the Foundation empowers these young adults to achieve their full potential.
Through tailored case management services, professional staff create a safety net that helps mitigate the risks faced by former foster youth when transitioning to independence. This long-term investment enables participants to build a strong educational foundation and develop the social maturity required to thrive in adulthood. By fostering resilience and self-sufficiency, Roots & Wings Foundation enhances the prospects for future success among vulnerable youth in Denville, NJ, and beyond.
This information is meant to be a general summary of Roots & Wings 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 2022.
- Investment Income: $3,495
- Program Service Revenue: $54,825
- Gross Receipts: $1,109,279
Assets and Liabilities:
- Total Assets: $2,004,784
- Total Liabilities: $44,571
- Net Assets: $1,960,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$54,825
Organization Details
Founding Year
1999
Phone
(973) 453-6668Principal Officer
Scott Kraemer
Main Address
75 Bloomfield Avenue Suite 303, Denville, NJ, 07834
Website
www.rootsandwingsnj.orgNTEE Category
Code: P30 - Human services
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