Overview
What is Seven Point Inc?
Seven Point Inc is a nonprofit organization situated in Yucaipa, California. Their primary mission is to engage in activities aligned with their exempt purpose. This includes hosting an annual Sheriff's Benefit Rodeo, which serves as a fundraising event for other charitable organizations working with children, and promoting public safety within the community. The rodeo not only generates revenue but also contributes to the overall well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
Seven Point Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in areas such as independent board membership and governance policies, with 0% of board members being independent and multiple key policies, including conflict of interest and whistleblower policies, missing. The absence of financial statements further raises red flags about transparency.
Despite the governance issues, Seven Point Inc does demonstrate a high program expense ratio of 94.63%, which suggests that a large portion of its expenditures directly supports its mission. Moreover, the organization has a solid liabilities to assets ratio of 0.61%, indicating sound financial management in that respect. However, the lack of posted financial documents and a website listed on its tax form detracts from its overall accountability.
In summary, while Seven Point Inc appears to allocate a significant amount of its budget towards its programs, the absence of essential governance structures and transparency measures may concern potential donors. It is crucial for nonprofits to maintain strong oversight and clear financial practices to build trust within their communities.
This AI summary has been generated from information found on Charity Navigator.
Is Seven Point Inc legitimate?
Seven Point Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seven Point 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
What is the mission statement of Seven Point Inc?
Seven Point Inc's mission revolves around supporting other exempt organizations that work with children. They accomplish this through their annual Sheriff's Benefit Rodeo, which serves as a fundraising event. This event not only raises revenue but also contributes to promoting public safety within the community. The organization's activities are directly tied to its exempt purpose, thereby making a positive impact on children and the community's safety.
Who is the CEO of Seven Point Inc?
Josh Conley is the Treasurer of Seven Point Inc.
What is the revenue of Seven Point Inc?
Seven Point Inc's revenue in 2022 was $994,837.
Who are the executives of Seven Point Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seven Point Inc?
Seven Point Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seven Point Inc
Seven Point Inc, a nonprofit organization, has a mission centered around directly contributing to its exempt purpose. This involves organizing their annual Sheriff's Benefit Rodeo, an event designed to generate revenue for other charitable organizations working with children. Moreover, the rodeo serves to enhance public safety within the community. By hosting this event, Seven Point Inc effectively promotes a sense of security and support within its local area, while simultaneously aiding other organizations that cater to the well-being of children.
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Impact
October, 2024
Seven Point Inc has a significant impact on the community by organizing events aimed at uplifting youth and enhancing public safety. One of its hallmark activities, the annual Sheriff's Benefit Rodeo, serves as a fundraising platform that directs revenue towards organizations committed to supporting children. This annual event fosters a sense of community and promotes engagement among residents while simultaneously providing critical support to initiatives focused on youth development. Additionally, the organization's efforts to promote public safety contribute to a safer environment for families and children in Yucaipa, California, thereby enhancing the overall quality of life in the area. Through these initiatives, Seven Point Inc serves as a vital resource for community enrichment and child welfare.
This information is meant to be a general summary of Seven Point 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 2022.
- Investment Income: $260
- Program Service Revenue: $994,577
- Gross Receipts: $994,837
Assets and Liabilities:
- Total Assets: $774,514
- Total Liabilities: $4,744
- Net Assets: $769,770
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Organization Details
Founding Year
1999
Phone
(909) 477-2800Principal Officer
Josh Conley
Main Address
PO BOX 1281, YUCAIPA, CA, 92399
NTEE Category
Code: O122 - Youth development
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