Paoli 1 Inc

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

EIN: 232500863 ✦ Wayne, PA ✦ Designated as a 501(c)(3)

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Overview

What is Paoli 1 Inc?

Paoli 1 Inc is a charitable organization primarily focused on granting support to and collaborating with various units of the Boy Scouts of America. Specifically, it aids Paoli Troop No. 1, a Boy Scouts of America unit, the Troop Committee Paoli 1, its chartered unit sponsor, and the Chester County Council, a chartered council of the Boy Scouts of America. Their mission is to promote the growth and development of young individuals through the Boy Scouts' programs, fostering leadership, teamwork, and personal growth. The organization does not appear to have any international reach, but it is based in Wayne, Pennsylvania.


Official website here: www.none

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 63%, Two-Star out of Four Star rating.

Paoli 1 Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored well in specific areas, such as having a complete board size and maintaining a favorable liabilities to assets ratio, showcasing some strengths in its financial management. However, the charity's score is also significantly impacted by the absence of independent board members and the lack of policies regarding conflicts of interest and whistleblowing.

The charity's transparency could be improved as it did not meet criteria for posting its tax form or having a website, which may hinder public trust. Additionally, essential governance practices such as a conflict of interest policy and a whistleblower policy were lacking. Despite these limitations, the organization has demonstrated accountability in terms of asset management and program expenses, which suggests some level of operational effectiveness.

In summary, while Paoli 1 Inc shows promise in financial ratios, the absence of critical governance policies and transparency elements raises concerns about its overall accountability. Prospective donors may want to consider these aspects carefully before contributing.


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

Is Paoli 1 Inc legitimate?

Paoli 1 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paoli 1 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


Official website here: www.none

What is the mission statement of Paoli 1 Inc?

Paoli 1 Inc supports various units of the Boy Scouts of America. Specifically, they aid Paoli Troop No. 1, a Boy Scouts of America unit, and act as a chartered unit sponsor. Additionally, they are associated with the Chester County Council, another chartered council of the Boy Scouts of America. Their mission is to foster the growth and development of these Boy Scouts of America units, contributing to the overall mission of the organization. They provide grants and support to ensure the success and continuity of these units, promoting the values and skills that the Boy Scouts of America embodies.


Official website here: www.none

Who is the CEO of Paoli 1 Inc?

Terry Ives is the Treasurer of Paoli 1 Inc.


Official website here: www.none

What is the revenue of Paoli 1 Inc?

Paoli 1 Inc's revenue in 2022 was $100.


Official website here: www.none

Who are the executives of Paoli 1 Inc and what are their salaries?

There 125 volunteers at Paoli 1 Inc.


Here are 4 key members and their salaries:


Mike Magnotta (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Hadden (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Ives (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Embick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Paoli 1 Inc?

Paoli 1 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Paoli 1 Inc

Paoli 1 Inc, a dedicated organization, is committed to supporting Paoli Troop No. 1, a unit of the Boy Scouts of America. This support extends to the Troop Committee Paoli 1, acting as a chartered unit sponsor for the Boy Scouts of America. Additionally, Paoli 1 Inc plays a significant role in backing the Chester County Council, a chartered council of the Boy Scouts of America. Through grants and various forms of assistance, this non-profit organization works to foster the growth and success of these Boy Scout units, helping to shape the lives of young scouts and contribute to the wider Boy Scouts of America community.

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Impact




June, 2024

Paoli 1 Inc's impact is focused on supporting Paoli Troop No. 1, a Boy Scouts of America unit in Wayne, PA. By providing grants and support to the troop, as well as aiding the Troop Committee Paoli 1 and the Chester County Council Boy Scouts of America, Paoli 1 Inc contributes to the growth and development of youth in the community. Their efforts not only support the scouting program but also promote values of leadership, outdoor skills, and environmental stewardship among the younger generation.




This information is meant to be a general summary of Paoli 1 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
$100 (2022)
Expenses
$72,892 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $100

Assets and Liabilities:

  • Total Assets: $1,132,164
  • Total Liabilities: $65,637
  • Net Assets: $1,066,527

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Organization Details

Founding Year

1987

Principal Officer

Terry Ives

Main Address

1038 Radnor Road, Wayne, PA, 190872205

Website

www.none

NTEE Category

Code: C00 - Environment

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