Overview
What is The Society Of The Cincinnati In The State Of New Jersey Inc?
The Society of the Cincinnati in the State of New Jersey Inc. is a nonprofit organization, located in Ambler, Pennsylvania. Its primary purpose is to honor the patriots who played a significant role in the American Revolution and secured the nation's independence. To achieve this, the organization conducts meetings and carries out projects that uphold its patriotic, historical, and educational objectives. In the recent fiscal year ending August 31, 2021, the Society expanded its initiatives to boost member engagement and contributions. The organization strives to perpetuate the legacy of these revolutionary heroes, fostering an enduring appreciation of their sacrifices and contributions to American history.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while there are strengths in the organization's governance and financial management, there are significant areas requiring improvement. The score reflects satisfactory accountability and finance practices, showcasing a strong commitment to independent board governance and no material diversion of assets.
The Society of the Cincinnati in the State of New Jersey demonstrates a solid program expense ratio of 89.51%, suggesting that a large portion of its expenditures supports its mission. This financial health is complemented by a low liabilities to assets ratio, indicating effective management of its resources. However, the organization has notable gaps in transparency, as it lacks several key policies and disclosures that are commonly expected, such as a conflict of interest policy and whistleblower protections.
The absence of critical tax form disclosures, particularly concerning governance policies, raises concerns about overall transparency and accountability. These shortcomings, alongside the missing website link on tax forms, could affect public trust and donor confidence. Overall, while the organization showcases strong financial metrics, it must address transparency issues to improve its standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Society Of The Cincinnati In The State Of New Jersey Inc legitimate?
The Society Of The Cincinnati In The State Of New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Society Of The Cincinnati In The State Of New Jersey 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Society Of The Cincinnati In The State Of New Jersey Inc?
The Society of the Cincinnati in the State of New Jersey Inc., established for patriotic, historical, and educational purposes, is primarily dedicated to honoring the memory of the patriots who played significant roles during the American Revolution. Their mission is to keep alive the memory of these individuals who sacrificed and served, thereby ensuring the independence of the American people. The organization conducts meetings and engages in projects that align with these patriotic, historical, and educational objectives. Moreover, during the year ending August 31, 2021, additional initiatives were introduced to boost member engagement and contributions, furthering the organization's mission.
What is the revenue of The Society Of The Cincinnati In The State Of New Jersey Inc?
The Society Of The Cincinnati In The State Of New Jersey Inc's revenue in 2024 was $71,386.
Who are the executives of The Society Of The Cincinnati In The State Of New Jersey Inc and what are their salaries?
There 8 volunteers at The Society Of The Cincinnati In The State Of New Jersey Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for The Society Of The Cincinnati In The State Of New Jersey Inc?
The Society Of The Cincinnati In The State Of New Jersey Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Society Of The Cincinnati In The State Of New Jersey Inc
The Society of the Cincinnati in the State of New Jersey Inc is an organization with a patriotic, historical, and educational purpose. Its primary mission is to preserve the memory of the patriots who played a significant role in the American Revolution. These individuals, through their service and sacrifice, played a crucial part in securing the independence of the American people. The society carries out this mission through the engagement and contributions of its members, as well as various projects that align with its objectives. During the year ending August 31, 2021, the society successfully implemented additional projects to boost member engagement and contributions, furthering its mission to honor the patriots of the American Revolution.
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Impact
August, 2024
The Society of the Cincinnati in the State of New Jersey Inc's impact lies in its dedication to perpetuating the memory of the patriots of the American Revolution. Through its meetings and various projects, the organization actively works towards honoring the brave individuals who fought for America's independence. Additionally, the Society of the Cincinnati in the State of New Jersey Inc successfully implements projects to increase member engagement and contributions, furthering its mission of promoting patriotism, history, and education.
This information is meant to be a general summary of The Society Of The Cincinnati In The State Of New Jersey 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $20,784
- Program Service Revenue: $19,510
- Gross Receipts: $71,386
Assets and Liabilities:
- Total Assets: $806,457
- Total Liabilities: $0
- Net Assets: $806,457
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING & MEMBERSHIP F
Revenue
$19,510
Organization Details
Founding Year
2007
Principal Officer
Louis Sanford Rice Iii
NTEE Category
Code: B90 - Education
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