Rty Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341518549 ✦ New philadelphia, OH ✦ Designated as a 501(c)(3)

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Overview

What is Rty Inc?

Rty Inc, a nonprofit organization situated in New Philadelphia, Ohio, specifically at 161 Tuscora Ave NW, 44663, primarily focuses on providing entertainment for children. They operate a concession stand and offer amusement rides at the New Philadelphia Tuscora City Park. With a workforce of 108 dedicated individuals, Rty Inc contributes to community enjoyment and family-friendly experiences within the area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

Rty Inc has received a two-star rating from Charity Navigator, indicating some concerns regarding accountability and transparency. While the organization boasts a strong program expense ratio of 94.39%, which reflects a significant dedication to its mission, it falls short in critical areas related to financial transparency. The absence of financial statements, along with missing policies on conflict of interest, whistleblowing, and document retention, raises questions about governance practices.

Despite having a fully independent board and no material diversion of assets, the lack of essential documentation and financial disclosure is a notable limitation. The organization scored well in areas such as board independence and liability management, but the overall accountability score of 67 suggests that improvements are necessary for better stakeholder trust.

In summary, while Rty Inc demonstrates a commitment to its programming and has a strong governance structure in terms of board independence, the absence of key financial documents and policies is a significant drawback that the organization must address to enhance its overall rating and public confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Rty Inc legitimate?

Rty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rty 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: $313,509

For more financial information, click here

What is the mission statement of Rty Inc?

Rty Inc's mission is centered around providing entertainment and refreshments for children. Specifically, they aim to operate children's rides and a concession stand as their primary activities. This mission is carried out at the Tuscora City Park in New Philadelphia. The organization is dedicated to ensuring that these facilities are operational and well-maintained, providing a source of joy and refreshment for children in the community.

Who is the CEO of Rty Inc?

Greg Ress is the President of Rty Inc.

What is the revenue of Rty Inc?

Rty Inc's revenue in 2022 was $693,075.

Who are the executives of Rty Inc and what are their salaries?

The average compensation at Rty Inc during 2022 was $2,903. There are 108 employees at Rty Inc.


Here are 4 key members and their salaries:


Greg Ress (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Levengood (Vice-Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Gardner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Police (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rty Inc?

Rty Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rty Inc

Rty Inc, a nonprofit organization, is dedicated to serving children by providing entertaining attractions and sustenance. Their primary mission is to set up a collection of children's rides and operate a concession stand within a city park, specifically in New Philadelphia Tuscora. This endeavor aims to bring joy and amusement to young visitors while also offering refreshments through the concession stand. The organization's purpose is to contribute to the overall enjoyment and enrichment of children's experiences within the community.

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Impact




July, 2024

Rty Inc's impact can be seen in the joy and entertainment it brings to children at New Philadelphia Tuscora City Park. By providing children's rides and operating a concession stand, Rty Inc contributes to the vibrant and lively atmosphere of the park. Through their activities, they enhance the recreational experience for families and create lasting memories for the community members. Their presence adds to the overall appeal of the park, making it a popular destination for families to enjoy and relax.




This information is meant to be a general summary of Rty 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.

Revenue
$693,075 (2022)
Expenses
$765,897 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $250
  • Program Service Revenue: $519,268
  • Gross Receipts: $693,075

Assets and Liabilities:

  • Total Assets: $179,354
  • Total Liabilities: $4,337
  • Net Assets: $175,017

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONCESSION SALES

Revenue

$297,055

TICKET SALES FROM RIDE

Revenue

$212,568

YOUTH CENTER

Revenue

$4,423

Organization Details

Founding Year

1985

Principal Officer

Greg Ress

Main Address

161 TUSCORA AVE NW, NEW PHILADELPHIA, OH, 44663

NTEE Category

Code: N32 - Recreation

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