Overview
What is Plymouth Rising Tide Foundation Corporation?
Plymouth Rising Tide Foundation Corporation is a nonprofit organization situated in Plymouth, Massachusetts, with an address at 59 Armstrong Road. Its primary mission is to support the Rising Tide Charter Public School by undertaking activities and performing functions that the school would ordinarily handle. This includes acquiring, developing, owning, leasing, and maintaining the school's site, as well as striving to enhance public education in the Commonwealth of Massachusetts. The foundation's goal is to contribute to the betterment of educational opportunities within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 60%)
Plymouth Rising Tide Foundation Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations and governance. The organization scored 60% overall, reflecting strengths in its majority independent board and effective financial oversight measures. However, there are several areas where the organization has fallen short, particularly in transparency and accountability practices.
The foundation has an independent board that scores well in composition, but it lacks an adequate number of independent board members, which has impacted its effectiveness. The absence of essential governance policies, such as those addressing conflicts of interest and whistleblower protections, raises concerns about its operational integrity. Moreover, the organization has not posted crucial documents, like its tax forms, on its website, which diminishes transparency.
While the foundation's program expense ratio is strong, indicating a commitment to its mission, the overall financial management and oversight need significant attention. Addressing these governance gaps and enhancing transparency could improve the foundation's standing and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Plymouth Rising Tide Foundation Corporation legitimate?
Plymouth Rising Tide Foundation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plymouth Rising Tide Foundation Corporation 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
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What is the mission statement of Plymouth Rising Tide Foundation Corporation?
The Plymouth Rising Tide Foundation Corporation's mission is centered around supporting the Rising Tide Charter Public School and enhancing public education in Massachusetts. Specifically, the foundation engages in activities and performs functions that the school would otherwise have to handle. Additionally, it acquires, develops, owns, or leases, and maintains the site where the school is located. Lastly, the foundation is committed to improving public education in the Commonwealth of Massachusetts.
Who is the CEO of Plymouth Rising Tide Foundation Corporation?
Eric Mello is the Treasurer, President, Clerk of Plymouth Rising Tide Foundation Corporation.
What is the revenue of Plymouth Rising Tide Foundation Corporation?
Plymouth Rising Tide Foundation Corporation's revenue in 2023 was $631,097.
Who are the executives of Plymouth Rising Tide Foundation Corporation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Plymouth Rising Tide Foundation Corporation?
Plymouth Rising Tide Foundation Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Plymouth Rising Tide Foundation Corporation
Plymouth Rising Tide Foundation Corporation is an organization dedicated to supporting the Rising Tide Charter Public School and enhancing public education in Massachusetts. Its mission involves performing functions and activities that the school would otherwise need to handle, acquiring, developing, owning, or leasing, and maintaining the site where the school is located. Additionally, the foundation aims to improve public education in the Commonwealth of Massachusetts. By assuming these responsibilities, Plymouth Rising Tide Foundation Corporation enables the Rising Tide Charter Public School to focus on its primary educational objectives, ultimately contributing to the betterment of the educational system as a whole.
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Impact
July, 2024
Plymouth Rising Tide Foundation Corporation's impact is focused on supporting the Rising Tide Charter Public School and engaging in activities to improve public education in the Commonwealth of Massachusetts. By providing support to the charter school and handling functions that it would otherwise have to perform, the foundation plays a crucial role in enhancing the quality of education in the state. This support extends to acquiring, developing, owning, or leasing the site where the school is located, further contributing to the educational infrastructure in Plymouth. Through its dedication to improving public education, the foundation positively influences the academic opportunities available to students in Massachusetts.
This information is meant to be a general summary of Plymouth Rising Tide Foundation Corporation. 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.
- Investment Income: $1
- Program Service Revenue: $631,013
- Gross Receipts: $631,097
Assets and Liabilities:
- Total Assets: $15,934,911
- Total Liabilities: $14,733,631
- Net Assets: $1,201,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$631,013
Organization Details
Founding Year
1998
Phone
(508) 746-2620Principal Officer
Eric Mello
Main Address
59 ARMSTRONG ROAD, PLYMOUTH, MA, 02360
NTEE Category
Code: B11 - Education
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