Overview
What is Old White Charities Inc?
Old White Charities Inc is a nonprofit organization based in White Sulphur Springs, West Virginia, with a specific mission. They are primarily focused on organizing a professional golf tournament named "A Military Tribute at The Greenbrier." The primary objective of this tournament is to generate funds, which will then be distributed to various charitable organizations that meet the criteria set by Section 501(C)(3) of the Internal Revenue Code. This nonprofit organization is established with the purpose of serving religious, charitable, scientific, literary, or educational causes, with a particular focus on making distributions to eligible charities.
Official website here: www.greenbrierclassic.com
What are the reviews and ratings of this charity?
Charity Navigator rates Old White Charities Inc with a score of 54%, granting it a One-Star out of Four Star rating. This rating primarily reflects the organization’s Accountability & Finance measures, and while it excels in having a fully independent board, it has significant deficiencies in financial transparency. The lack of audited financial statements and missing key policies raise questions about the organization’s governance practices.
The nonprofit has a strong program expense ratio, indicating that 100% of total expenses are spent directly on programs, which is a positive aspect for its mission delivery. However, concerns surrounding the organization's solvency and the absence of essential policies like conflict of interest and whistleblower protections point to potential vulnerabilities in its operational framework.
Unfortunately, user reviews from GreatNonprofits could not be fetched, so there is no additional community feedback to provide insight into the organization’s impact or public perception. Overall, while the organization seems to channel its funds effectively towards its programs, significant governance and financial transparency issues warrant careful consideration.
This AI summary has been generated from information found on Charity Navigator.
Is Old White Charities Inc legitimate?
Old White Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old White Charities 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.
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
Official website here: www.greenbrierclassic.com
What is the mission statement of Old White Charities Inc?
Old White Charities Inc is established for religious, charitable, scientific, literary, or educational purposes. The organization operates with the intention of distributing funds to organizations that fall under section 501(C)(3) of the Internal Revenue Code. One of their primary initiatives is the operation of "A Military Tribute at The Greenbrier," a professional golf tournament. The net proceeds from this event are then distributed to qualifying organizations under sections 501(C)(3) of the Internal Revenue Code. Old White Charities Inc aims to support various causes that align with these exempt sections.
Official website here: www.greenbrierclassic.com
Who is the CEO of Old White Charities Inc?
Jillean L Justice is the Vice Preside of Old White Charities Inc.
Official website here: www.greenbrierclassic.com
What is the revenue of Old White Charities Inc?
Old White Charities Inc's revenue in 2022 was $10,319,263.
Official website here: www.greenbrierclassic.com
Who are the executives of Old White Charities Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.greenbrierclassic.com
Where can I find the form 990 for Old White Charities Inc?
Old White Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greenbrierclassic.com
Learn more at the official website: www.greenbrierclassic.com
Mission Statement of Old White Charities Inc
Old White Charities Inc, a nonprofit organization, is established with a multi-faceted mission. Primarily, it is organized for religious, charitable, scientific, literary, or educational purposes. This mission encompasses the distribution of funds to organizations that qualify under Section 501(C)(3) of the Internal Revenue Code. Beyond this, Old White Charities Inc intends to orchestrate a professional golf tournament named "A Military Tribute at The Greenbrier." The net proceeds generated from this event are also earmarked for distribution to organizations that meet the criteria set out in Section 501(C)(3) of the Internal Revenue Code. This nonprofit's mission is to contribute to various sectors, including religious, charitable, and educational organizations, while also hosting a significant golf tournament to generate funds for worthy causes.
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Impact
October, 2024
Old White Charities Inc. facilitates significant contributions to various causes through its primary initiative, "A Military Tribute at the Greenbrier." This professional golf tournament not only honors military service but also channels net proceeds to support organizations that qualify under Section 501(c)(3) of the Internal Revenue Code. By hosting this event, the organization plays a crucial role in enhancing community engagement and funding for charitable, scientific, literary, and educational efforts.
Through its activities, Old White Charities Inc. amplifies the impact of local and national charitable organizations, ultimately supporting programs and initiatives that benefit those in need. The blend of recreation and philanthropy fosters a spirit of community and respect for military service, while also addressing various critical social issues. The financial support generated through the tournament helps ensure that vital services and programs are sustained, promoting well-being and development within the region and beyond.
This information is meant to be a general summary of Old White Charities 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 2022.
- Gross Receipts: $10,319,263
Assets and Liabilities:
- Total Assets: $712
- Total Liabilities: $9,985,611
- Net Assets: -$9,984,899
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Organization Details
Founding Year
2009
Phone
(304) 536-1110Principal Officer
Jillean L Justice
Main Address
101 MAIN ST WEST, WHITE SULPHUR SPRINGS, WV, 24986
Website
www.greenbrierclassic.comNTEE Category
Code: N12 - Recreation
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