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Ripple Effect Project

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

EIN: 260545319 ✦ Waterville, ME ✦ Designated as a 501(c)(3)

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Overview

What is Ripple Effect Project?

The Ripple Effect Project is a nonprofit organization that significantly impacts the educational journey of students in Kindergarten to 8th grade. By financially supporting the Korando Education Center's teacher salaries, it ensures quality education for over 200 students. Furthermore, the project extends its support by funding high school tuitions for 37 graduates of the Korando Education Center. Additionally, the Ripple Effect Project contributes to a breakfast program, ensuring that students have a nutritious start to their day. This comprehensive approach to education provision, empowering both current and future generations, is the essence of the Ripple Effect Project.


Official website here: www.rippleeffectproject.org

Is Ripple Effect Project legitimate?

Ripple Effect Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ripple Effect Project submitted a form 990EZ, 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.


Official website here: www.rippleeffectproject.org

What is the mission statement of Ripple Effect Project?

The Ripple Effect Project, in its mission, has been instrumental in supporting the educational journey of over 200 Kindergarten to 8th grade students by covering their teachers' salaries at the Korando Education Center. Moreover, it has funded the high school education of 37 graduates from the same center. Additionally, the project has contributed to a breakfast program, ensuring these students start their day with nourishment. This initiative aims to provide these children with the necessary educational opportunities, thereby empowering them and contributing positively to their future.


Official website here: www.rippleeffectproject.org

Who is the CEO of Ripple Effect Project?

Joshua Sammon is the President of Ripple Effect Project.


Official website here: www.rippleeffectproject.org

What is the revenue of Ripple Effect Project?

Ripple Effect Project's revenue in 2022 was $116,644.


Official website here: www.rippleeffectproject.org

Who are the executives of Ripple Effect Project and what are their salaries?


Here are 6 key members and their salaries:


Joshua Sammon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Garbe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Sammon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Costello (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Van Deventer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Scaduto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rippleeffectproject.org

Where can I find the form 990EZ for Ripple Effect Project?

Ripple Effect Project's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.rippleeffectproject.org

Learn more at the official website: www.rippleeffectproject.org

Mission Statement of Ripple Effect Project

The Ripple Effect Project, as outlined, focuses on supporting academic growth in underprivileged students. Specifically, it assists Kindergarten to 8th grade students by financing the salaries of teachers at the Korando Education Center. Furthermore, the project extends its aid to graduates of this center, providing funds for their high school education. Additionally, the Ripple Effect Project invests in a breakfast program, ensuring that these students begin their day with a nutritious meal. By providing these essential resources, the Ripple Effect Project aims to contribute positively to the education and well-being of these students, potentially setting them on a path towards a brighter future.

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Impact




October, 2024

The Ripple Effect Project has significantly impacted the educational landscape for over 200 students in the Waterville area through its support of the Korando Education Center. By covering teacher salaries, the project ensures a stable and quality learning environment for Kindergarten to 8th-grade students. Additionally, it has facilitated the transition of 37 graduates from the Korando Education Center to high school by providing essential school fee funds, thus broadening their educational opportunities and future prospects. The introduction of a breakfast program further enhances student well-being and readiness to learn, addressing immediate nutritional needs that are crucial for academic success. Through these initiatives, the Ripple Effect Project is transforming lives and fostering educational advancement in the community.




This information is meant to be a general summary of Ripple Effect Project. 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
$116,644 (2022)
2016201720182019202020212022$0$35,000$70,000$105k$140k
Expenses
$134,065 (2022)
2016201720182019202020212022$0$40,000$80,000$120k$160k
Efficiency
20162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $2
  • Gross Receipts: $116,644

Assets and Liabilities:

  • Total Assets: $28,510
  • Total Liabilities: $0
  • Net Assets: $28,510

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Organization Details

Principal Officer

Joshua Sammon

Main Address

PO BOX 1956, WATERVILLE, ME, 04903

NTEE Category

Code: Q30 - International

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