Overview
What is Joey F Casey Memorial Foundation?
The Joey F Casey Memorial Foundation, situated in Philadelphia, Pennsylvania, serves as a scholarship or financial aid organization. Its primary objective is to provide tuition reimbursement for students in need, aiming to alleviate financial burdens and make higher education more accessible. The foundation offers this assistance as a means of supporting and empowering those who may otherwise struggle to afford their education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
The Joey F Casey Memorial Foundation has received a score of 67%, indicating a moderate level of financial health and accountability. The foundation boasts a fully independent board, with 100% of its members meeting independence criteria. Additionally, the organization demonstrates effective governance practices, as evidenced by its documentation of board meeting minutes and a lack of material diversion of assets.
Strengths of the foundation include an impressive program expense ratio of nearly 100%, suggesting that almost all funds are directed toward its programs, which is a positive indicator for donors. The foundation also maintains a solid liabilities to assets ratio of 0%, reflecting a strong financial position without debt obligations.
However, the overall rating is still categorized as Two Stars, which suggests there may be areas for improvement in terms of transparency or overall operational effectiveness. While the independent board and financial metrics are strong, further enhancement in accountability practices could elevate the foundation's standing.
This AI summary has been generated from information found on Charity Navigator.
Is Joey F Casey Memorial Foundation legitimate?
Joey F Casey Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joey F Casey Memorial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Joey F Casey Memorial Foundation?
The Joey F Casey Memorial Foundation, being a scholarship or financial aid organization, is committed to providing tuition reimbursement for students in need. Its mission is centered around offering financial support to those who may otherwise struggle with the cost of education. By doing so, the foundation aims to contribute to the education of deserving individuals, thereby potentially opening up opportunities for them in the future.
Who is the CEO of Joey F Casey Memorial Foundation?
Joseph F Casey is the President of Joey F Casey Memorial Foundation.
What is the revenue of Joey F Casey Memorial Foundation?
Joey F Casey Memorial Foundation's revenue in 2023 was $502,500.
Who are the executives of Joey F Casey Memorial Foundation and what are their salaries?
There 4 volunteers at Joey F Casey Memorial Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Joey F Casey Memorial Foundation?
Joey F Casey Memorial Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Joey F Casey Memorial Foundation
The Joey F Casey Memorial Foundation, a scholarship or financial aid organization, is committed to providing tuition reimbursement for students in need. Their mission is to offer financial assistance to individuals who may otherwise struggle to afford their education. This organization aims to empower students by alleviating the financial burden of tuition, thereby enabling them to pursue their academic goals and secure a brighter future.
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Impact
July, 2024
The impact of the Joey F Casey Memorial Foundation is providing tuition reimbursement for needy students in Philadelphia, PA. This support helps students who may not have the financial means to afford their education, allowing them to pursue their academic goals and ultimately improve their future opportunities. By offering this assistance, the foundation contributes to the empowerment and advancement of individuals who may otherwise face barriers to accessing higher education.
This information is meant to be a general summary of Joey F Casey Memorial 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 2023.
- Gross Receipts: $502,500
Assets and Liabilities:
- Total Assets: $35,433
- Total Liabilities: $0
- Net Assets: $35,433
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Organization Details
Founding Year
1999
Phone
(215) 331-6424Principal Officer
Joseph F Casey
Main Address
8121 CRESCO AVENUE, Philadelphia, PA, 19136
NTEE Category
Code: T12 - Philanthropy
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