Overview
What is Rb Foundation Inc?
Rb Foundation Inc, a nonprofit organization based in Walpole, Massachusetts, operates under Section 501(C)(3) of the Internal Revenue Code. Their primary mission involves offering financial aid to ice hockey players in need, aiming to provide them with a positive, character-building hockey experience while nurturing a passion for the sport. The organization's activities extend beyond financial assistance, fostering an environment that encourages personal growth and development for these athletes. With a focus on charitable and educational purposes, Rb Foundation Inc operates within the guidelines of its nonprofit status, contributing to the community and the sport they love.
Official website here: www.rbfoundationinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Rb Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in the area of Accountability & Finance with a score of 82%. This rating reflects a commendable commitment to transparency and responsible financial management, with a particularly notable program expense ratio of 95.88%, showing that a substantial portion of its funds is directed towards its programs.
Strengths of the organization include having a fully independent board and no material diversion of assets, which are both critical indicators of effective governance. Additionally, the foundation has a conflict of interest policy in place and maintains documented minutes for board meetings, contributing to its solid governance practices.
However, the organization has some areas for improvement, such as lacking a whistleblower policy and a document retention and destruction policy, which are essential for fostering organizational integrity and accountability. Addressing these gaps could further strengthen its governance framework and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Rb Foundation Inc legitimate?
Rb Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rb Foundation 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.rbfoundationinc.org
What is the mission statement of Rb Foundation Inc?
The Rb Foundation Inc is established with charitable and educational purposes, falling under Section 501(C)(3) of the Internal Revenue Code. One of its primary objectives is to offer financial aid to ice hockey players who are in need. This assistance aims to provide them with a positive and character-building hockey experience. The foundation also fosters a passion for the game, encouraging its growth among the recipients.
Official website here: www.rbfoundationinc.org
Who is the CEO of Rb Foundation Inc?
Robert Barletta is the President/Clerk of Rb Foundation Inc.
Official website here: www.rbfoundationinc.org
What is the revenue of Rb Foundation Inc?
Rb Foundation Inc's revenue in 2023 was $111,592.
Official website here: www.rbfoundationinc.org
Who are the executives of Rb Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rbfoundationinc.org
Where can I find the form 990 for Rb Foundation Inc?
Rb Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rbfoundationinc.org
Learn more at the official website: www.rbfoundationinc.org
Mission Statement of Rb Foundation Inc
Rb Foundation Inc, a charitable organization under Section 501(C)(3) of the Internal Revenue Code, is dedicated to serving a noble cause. Its mission is centered around providing financial aid to ice hockey players in need, enabling them to partake in a positive and character-building hockey experience. By offering this assistance, the foundation fosters a passion for the sport among its recipients. The ultimate goal is to create an atmosphere that encourages personal growth and development, while instilling a deep-rooted love for the game of ice hockey.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Rb Foundation Inc significantly impacts the lives of young ice hockey players by providing essential financial assistance to those in need. This support ensures that players can participate in the sport and experience a positive, character-building journey through hockey. By fostering a passion for the game, the foundation helps cultivate skills not only in sportsmanship but also in personal development, teamwork, and discipline. Their efforts contribute to creating an inclusive environment where the love for hockey can thrive, regardless of financial background, thereby enriching the community and encouraging the growth of future athletes.
This information is meant to be a general summary of Rb Foundation 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 2023.
- Gross Receipts: $231,652
Assets and Liabilities:
- Total Assets: $94,358
- Total Liabilities: $49,002
- Net Assets: $45,356
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2010
Phone
(781) 449-3346Principal Officer
Robert Barletta
Main Address
2130 PROVIDENCE HIGHWAY, WALPOLE, MA, 02081
Website
www.rbfoundationinc.orgNTEE Category
Code: B82 - Education
If you are a representative of Rb Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.