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Bar Buddies Ltd

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

EIN: 272387402 ✦ Sauk city, WI ✦ Designated as a 501(c)(3)

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Overview

What is Bar Buddies Ltd?

Bar Buddies Ltd is a nonprofit organization based in Sauk City, Wisconsin. Their primary mission is to ensure the safety of bar patrons by offering an alternative to drinking and driving. They achieve this by funding operation expenses for a ride service, thereby preventing drunken driving mishaps. The organization's initiatives are specifically designed to prioritize public safety in this regard. Bar Buddies is instrumental in promoting a responsible approach to alcohol consumption by providing a means of safe transportation.

What are the reviews and ratings of this charity?

Charity Navigator rates Bar Buddies Ltd at 77%, which translates to a Three-Star out of Four Star rating based solely on its Accountability & Finance score. This rating reflects the organization's commitment to responsible financial management and transparency, which are critical indicators of a nonprofit's reliability.

The strengths of Bar Buddies Ltd lie in its governance and financial practices. The organization boasts a fully independent board with a size of seven members, all of whom are independent, thus ensuring unbiased decision-making. Additionally, there are no material diversions of assets, and the nonprofit has a solid liabilities to assets ratio of 0.20%, indicating a stable financial position.

While the overall score is positive, it is important to note that the rating is derived entirely from the Accountability & Finance beacon, with no assessments of program effectiveness or community impact provided. This limitation suggests that while Bar Buddies Ltd demonstrates strong financial accountability, further information about its programmatic outcomes could provide a more comprehensive view of its overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Bar Buddies Ltd legitimate?

Bar Buddies Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bar Buddies Ltd 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.

What is the mission statement of Bar Buddies Ltd?

Bar Buddies Ltd's mission is centered around ensuring the safety of individuals who visit bars by providing a means to avoid drunken driving. The organization strives to achieve this by covering operational costs for a ride service, thereby promoting a responsible approach to alcohol consumption. Their programs are purposefully designed to minimize the risks associated with drunken driving. While specific details about the location of Bar Buddies are not provided, it is known that they operate with the goal of enhancing public safety.

Who is the CEO of Bar Buddies Ltd?

Josh Sherman is the President of Bar Buddies Ltd.

What is the revenue of Bar Buddies Ltd?

Bar Buddies Ltd's revenue in 2022 was $25,112.

Who are the executives of Bar Buddies Ltd and what are their salaries?


Here are 6 key members and their salaries:


Josh Sherman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Wildman (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Meister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelsey Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobbie Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghann Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bar Buddies Ltd?

Bar Buddies Ltd's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Bar Buddies Ltd

Bar Buddies Ltd, a notable organization, is committed to ensuring the safety of individuals by offering a reliable alternative to drunken driving. Based on its mission, the organization aims to fund the operation costs of providing safe rides to bar patrons. The programs designed by Bar Buddies are specifically geared towards preventing the hazards associated with intoxicated driving. By offering this service, Bar Buddies is making a significant contribution to road safety and public welfare.

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Impact




June, 2024

Bar Buddies Ltd's impact lies in its dedication to providing safe rides to bar patrons as a responsible alternative to drinking and driving. By offering this crucial service, the organization plays a significant role in promoting a safer environment for individuals who may be at risk of getting behind the wheel while under the influence. This proactive approach not only helps prevent potential accidents and injuries but also contributes to raising awareness about the dangers of drunken driving in the community. The programs designed by Bar Buddies are focused on keeping people safe from such risks, ultimately making a tangible difference in promoting public safety and well-being, particularly in the Sauk City, WI area.




This information is meant to be a general summary of Bar Buddies Ltd. 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
$25,112 (2022)
Expenses
$44,631 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $217
  • Program Service Revenue: $19,944
  • Gross Receipts: $25,313

Assets and Liabilities:

  • Total Assets: $132,224
  • Total Liabilities: $454
  • Net Assets: $131,770

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Organization Details

Principal Officer

Josh Sherman

Main Address

910 WATER STREET, SAUK CITY, WI, 53583

NTEE Category

Code: F20 - Mental health

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