Overview
What is Westerville Rotary Foundation?
The Westerville Rotary Foundation is a nonprofit organization located in Westerville, Ohio. Their primary focus is to organize various fundraisers, such as an annual golf outing, with the goal of raising funds to sponsor scholarships for local high school students. Through these initiatives, the foundation aims to contribute positively to the educational opportunities of young individuals within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Westerville Rotary Foundation has received a Two-Star rating from Charity Navigator, reflecting its overall score of 73%. This rating is based entirely on its Accountability & Finance, indicating that while the organization demonstrates strong financial management in certain areas, there are significant deficiencies in its governance and transparency practices.
The foundation excels in having a fully independent board and a strong program expense ratio, indicating that a high percentage of its funding is directed towards its programs. Additionally, the organization has no material diversion of assets, which speaks to its integrity in financial management. However, the lack of essential policies, such as a conflict of interest policy and whistleblower policy, raises concerns about its governance practices.
Despite its strengths in financial accountability, the absence of critical documentation and transparency measures severely impacts its overall rating. The missing elements in its governance framework suggest a need for improvement in operational transparency and adherence to best practices, which are crucial for ensuring donor trust and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Westerville Rotary Foundation legitimate?
Westerville Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westerville Rotary 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:
Executive Compensation: $1,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Westerville Rotary Foundation?
The Westerville Rotary Foundation's mission revolves around organizing various fundraisers, such as an annual golf outing, with the primary objective of raising funds. This endeavor is aimed at sponsoring scholarships to benefit local high school students. The foundation's activities are geared towards supporting the educational aspirations of young individuals in the community. By hosting these fundraisers, the Westerville Rotary Foundation is able to provide financial assistance to deserving students, thereby empowering their academic journey.
Who is the CEO of Westerville Rotary Foundation?
David Coffman is the Treasurer of Westerville Rotary Foundation.
What is the revenue of Westerville Rotary Foundation?
Westerville Rotary Foundation's revenue in 2022 was $48,952.
Who are the executives of Westerville Rotary Foundation and what are their salaries?
There 35 volunteers at Westerville Rotary Foundation.
Here are 11 key members and their salaries:
- Compensation: $1,500
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Westerville Rotary Foundation?
Westerville Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westerville Rotary Foundation
The Westerville Rotary Foundation is an organization dedicated to raising funds for a noble cause. They achieve this by organizing several annual fundraisers, one of which is a golf outing. The primary goal of these activities is to sponsor a scholarship for deserving local high school students. By successfully executing these events, the foundation aims to provide financial assistance to young individuals who may otherwise struggle to afford higher education. This initiative not only supports the academic pursuits of these students but also empowers them to build a better future. The Westerville Rotary Foundation's mission is to make a significant impact in the lives of these students, fostering their growth and development.
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Impact
August, 2024
The Westerville Rotary Foundation's impact can be seen through their efforts to support local high school students by organizing fundraisers, such as an annual golf outing, to sponsor scholarships. Their commitment to education and providing opportunities for students in their community demonstrates a tangible contribution towards supporting the next generation of leaders.
This information is meant to be a general summary of Westerville Rotary 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: $20,155
- Gross Receipts: $62,682
Assets and Liabilities:
- Total Assets: $586,500
- Total Liabilities: $0
- Net Assets: $586,500
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Organization Details
Founding Year
1987
Principal Officer
David Coffman
Main Address
PO BOX 595, WESTERVILLE, OH, 43086
NTEE Category
Code: B11 - Education
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