Overview
What is Red River Technology Foundation?
Red River Technology Foundation Dba Red River Charitable Foundation is a nonprofit organization situated in Claremont, New Hampshire. Their primary mission is to foster an interest in information technology (IT) among local high school students, encouraging them to pursue IT education post-graduation. The foundation also supports veterans and their families by offering technology career counseling, mentorships, and emergency financial aid as they reintegrate into the community. To achieve these goals, they provide scholarships, internships, mentoring, and donate IT equipment for students interested in science, technology, engineering, and mathematics (STEM) fields, from middle school through college. The foundation's activities aim to promote and encourage STEM education, ultimately contributing to the development of a tech-driven workforce.
Official website here: www.redrivercharitablefoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
Red River Technology Foundation, operating as the Red River Charitable Foundation, has received a two-star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The foundation excels in having a fully independent board and maintaining a strong program expense ratio of 96.04%, indicating that a significant portion of its expenses is directed towards programs rather than administrative costs.
However, the organization faces notable limitations, particularly in financial transparency. It has not provided financial statements on its website, which led to zero points in that category. Additionally, the lack of a whistleblower policy and a document retention and destruction policy raises concerns about governance practices and compliance with best practices in nonprofit management.
Overall, while the Red River Charitable Foundation demonstrates strengths in board independence and program funding, the absence of key financial documents and policies indicates areas for improvement in transparency and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Red River Technology Foundation?
94% of 39 reviewers on Facebook recommend Red River Technology Foundation. Here is a summary of their reviews:
Many supporters applaud the organization for delivering exceptional events that effectively promote their cause. Users appreciate the engaging atmosphere of these events, highlighting that they not only enjoy themselves but also feel connected to a meaningful mission.
Overall, the nonprofit appears to successfully create enjoyable experiences while making a positive impact, leaving participants satisfied with their involvement and keen to support its initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Red River Technology Foundation legitimate?
Red River Technology Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red River Technology 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:
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For more financial information, click here
Official website here: www.redrivercharitablefoundation.com
What is the mission statement of Red River Technology Foundation?
The Red River Technology Foundation, operating as Red River Charitable Foundation, aims to encourage and support students pursuing studies in science and technology. They provide various opportunities for students from middle school to college, including scholarships, internships, mentoring, and donations of IT equipment. Additionally, the foundation extends its support to U.S. military veterans transitioning into civilian life. They offer technology career counseling and mentorships, as well as emergency monetary assistance, helping veterans integrate back into the community.
Official website here: www.redrivercharitablefoundation.com
Who is the CEO of Red River Technology Foundation?
Richard Bolduc is the President of Red River Technology Foundation.
Official website here: www.redrivercharitablefoundation.com
What is the revenue of Red River Technology Foundation?
Red River Technology Foundation's revenue in 2022 was $567,038.
Official website here: www.redrivercharitablefoundation.com
Who are the executives of Red River Technology Foundation and what are their salaries?
There 75 volunteers at Red River Technology Foundation.
Here are 9 key members and their salaries:
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Official website here: www.redrivercharitablefoundation.com
Where can I find the form 990 for Red River Technology Foundation?
Red River Technology Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redrivercharitablefoundation.com
Learn more at the official website: www.redrivercharitablefoundation.com
Mission Statement of Red River Technology Foundation
Red River Technology Foundation, also known as Red River Charitable Foundation, is an organization dedicated to inspiring and motivating students to pursue careers in science and technology. The foundation accomplishes this by offering a variety of resources, such as scholarships, internships, mentoring, and donations of IT equipment. By doing so, Red River Technology Foundation aims to support students from middle school through college who show interest in fields like science, technology, engineering, and mathematics (STEM).
Beyond its commitment to fostering the future generation of STEM professionals, Red River Technology Foundation also extends its support to U.S. military veterans transitioning to civilian life. The organization provides technology career counseling and mentorships to help veterans and their families navigate their way back into the community. Furthermore, in times of need, Red River Technology Foundation offers emergency monetary assistance to these veterans as they adapt to their new lives. With a focus on both education and reintegration, Red River Technology Foundation serves as a vital resource for both budding STEM students and veterans in need.
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Impact
July, 2024
The impact of Red River Technology Foundation Dba Red River Charitable Foundation is significant in promoting and encouraging students to pursue studies in the fields of science and technology, particularly in information technology. Additionally, the foundation plays a crucial role in supporting US military veterans transitioning to civilian life by providing technology career counseling, mentorships, and emergency monetary assistance. Through scholarships, internships, mentoring programs, and donations of IT equipment, the foundation actively fosters technology knowledge, education, and interest among students from middle school through college. The foundation's focus on both education and veteran support highlights its commitment to empowering individuals and communities through technology-related opportunities.
This information is meant to be a general summary of Red River Technology 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 2022.
- Investment Income: $39,303
- Gross Receipts: $1,314,684
Assets and Liabilities:
- Total Assets: $1,682,123
- Total Liabilities: $0
- Net Assets: $1,682,123
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Organization Details
Founding Year
2008
Phone
(603) 442-5559Principal Officer
Richard Bolduc
Main Address
21 WATER STREET SUITE 500, CLAREMONT, NH, 03743
NTEE Category
Code: B90 - Education
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