Overview
What is Charity Circle Of Murfreesboro?
Charity Circle of Murfreesboro, a nonprofit organization based in Murfreesboro, Tennessee, is dedicated to uplifting local communities and aiding families in need. Through its philanthropic endeavors, the charity makes donations to various local organizations and extends financial assistance to support their missions. By doing so, Charity Circle of Murfreesboro plays a crucial role in helping disadvantaged and impoverished individuals, ensuring that essential charitable services continue to thrive in their area.
Official website here: www.charitycirclemboro.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, Score: 73%)
The Charity Circle of Murfreesboro has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance, with an overall score of 73%. Notably, the organization has strong governance practices, as evidenced by its perfect scores for having a majority of independent board members and maintaining a substantial program expense ratio of 97.79%, reflecting a commitment to its mission.
However, the organization faces significant challenges in financial transparency, receiving a score of zero for its financial statements and related documentation. The lack of a whistleblower policy and deficiencies in document retention practices further highlight areas that require attention. Despite these shortcomings, the charity maintains a low liabilities to assets ratio, which suggests a sound financial footing in terms of debt management.
Overall, while the Charity Circle of Murfreesboro demonstrates strong governance and a focus on program spending, it must address its transparency and financial reporting issues to improve its standing within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Charity Circle Of Murfreesboro legitimate?
Charity Circle Of Murfreesboro is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charity Circle Of Murfreesboro 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.
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Official website here: www.charitycirclemboro.com
What is the mission statement of Charity Circle Of Murfreesboro?
Charity Circle of Murfreesboro's mission is centered around raising funds to support local charities that offer assistance to individuals and families in need. By doing so, the organization aims to help those charities in their mission to aid the disadvantaged and the poor. Throughout the year, Charity Circle of Murfreesboro has granted funds to various local charities, contributing to their noble causes. The organization's activities primarily revolve around making donations to these organizations and families in need, thereby playing a crucial role in supporting the local community.
Official website here: www.charitycirclemboro.com
Who is the CEO of Charity Circle Of Murfreesboro?
Patti Hutchinson is the President of Charity Circle Of Murfreesboro.
Official website here: www.charitycirclemboro.com
What is the revenue of Charity Circle Of Murfreesboro?
Charity Circle Of Murfreesboro's revenue in 2022 was $540,708.
Official website here: www.charitycirclemboro.com
Who are the executives of Charity Circle Of Murfreesboro and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.charitycirclemboro.com
Where can I find the form 990 for Charity Circle Of Murfreesboro?
Charity Circle Of Murfreesboro's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.charitycirclemboro.com
Learn more at the official website: www.charitycirclemboro.com
Mission Statement of Charity Circle Of Murfreesboro
Charity Circle of Murfreesboro, a charitable organization, is dedicated to raising funds to support local charities that provide assistance to individuals and families in need. Its mission is to help these charities further their objectives of aiding the disadvantaged and the poor. Throughout the year, the organization makes grants to various local charities, contributing to their cause and extending their reach to those who are most in need. By doing so, Charity Circle of Murfreesboro plays a crucial role in uplifting and empowering communities, one grant at a time.
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Impact
July, 2024
Charity Circle Of Murfreesboro's impact includes providing crucial financial support to local charities that offer assistance to individuals and families in need. By raising funds and making grants to 41 different local charities, Charity Circle Of Murfreesboro directly contributes to helping the disadvantaged and impoverished in the community. Through their philanthropic efforts, they play a significant role in supporting those who require assistance and improving the overall well-being of the community.
This information is meant to be a general summary of Charity Circle Of Murfreesboro. 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: $772
- Gross Receipts: $609,332
Assets and Liabilities:
- Total Assets: $667,313
- Total Liabilities: $27,000
- Net Assets: $640,313
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Organization Details
Founding Year
1910
Phone
(615) 668-2320Principal Officer
Patti Hutchinson
Main Address
PO BOX 11128, MURFREESBORO, TN, 37129
Website
www.charitycirclemboro.comNTEE Category
Code: T30 - Philanthropy
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