Overview
What is Athens Rotary Foundation?
The Athens Rotary Foundation is a nonprofit organization situated in Athens, Ohio. Their primary mission is to uplift underprivileged youth, achieving this goal by granting funds to other nonprofit organizations operating within Athens County. The foundation's activities are geared towards supporting and promoting the welfare of children, youth, and young adults in the region, aiming to make a positive impact on their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)
The Athens Rotary Foundation has received a low rating of 48% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and demonstrates good governance by documenting meeting minutes and maintaining a favorable liabilities to assets ratio, it falls short in key areas such as financial transparency and policy documentation.
The most notable strengths include a perfect score for independent board members and board size, reflecting strong governance principles. However, the program expense ratio is notably low at 50%, suggesting that only half of its expenses are directed toward its programs, which raises questions about the effectiveness of its financial management.
Additionally, there are critical gaps in the organization's policies, as it lacks a conflict of interest policy, a whistleblower policy, and has not posted its tax forms on its website. These missing elements contribute to its overall low rating and highlight areas where the organization needs to improve to ensure better accountability and trust from its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Athens Rotary Foundation legitimate?
Athens Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Athens 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.
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What is the mission statement of Athens Rotary Foundation?
The Athens Rotary Foundation's mission is centered around supporting and promoting the welfare of children, youth, and young adults. They achieve this by providing grants or direct funding to organizations whose goals align with their mission, with a focus on Athens County, Ohio. The foundation aims to uplift underprivileged youth through their financial aid, contributing to various initiatives and programs that cater to the needs of this demographic.
Who is the CEO of Athens Rotary Foundation?
Channing Mcallister is the Principal Officer of Athens Rotary Foundation.
What is the revenue of Athens Rotary Foundation?
Athens Rotary Foundation's revenue in 2022 was $48,109.
Who are the executives of Athens Rotary Foundation and what are their salaries?
There 20 volunteers at Athens Rotary Foundation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Athens Rotary Foundation?
Athens Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Athens Rotary Foundation
The Athens Rotary Foundation is dedicated to enhancing the well-being of children, youth, and young adults. Their mission is to achieve this by providing grants in aid or direct funding to organizations that share their goal of improving the lives of the underprivileged in this demographic. By offering financial support, the Athens Rotary Foundation aims to foster growth and opportunities for these individuals, contributing to their overall development and success. The foundation's actions serve as a testament to their commitment to bettering the lives of young people in their community.
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Impact
August, 2024
Athens Rotary Foundation's impact is significant in supporting and promoting the welfare of children, youth, and young adults in Athens County. By providing grants and direct funding to non-profit organizations serving underprivileged youth, the foundation plays a crucial role in improving the lives of vulnerable populations in the community. Through its mission to support the welfare of children and youth in Athens County, the foundation contributes to creating positive outcomes and opportunities for those who need it most.
This information is meant to be a general summary of Athens 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: $18,360
- Gross Receipts: $57,746
Assets and Liabilities:
- Total Assets: $635,610
- Total Liabilities: $0
- Net Assets: $635,610
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Organization Details
Founding Year
1997
Principal Officer
Channing Mcallister
Main Address
PO BOX 681, ATHENS, OH, 45701
NTEE Category
Code: B82 - Education
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