Overview
What is Arthur E Macquilkin Boys Club Of Cicero?
Arthur E. Macquilkin Boys Club of Cincinnati is a charitable organization, as indicated by the provided information. Their primary function involves managing and investing trust assets, the income from which is then distributed to the named charity as per the governing document. Although the description is brief, it suggests that this nonprofit is dedicated to supporting a specific charity, thereby contributing to its mission and objectives. The exact nature of the charity or the services provided by the Boys Club of Cicero is not explicitly stated in the information provided.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating.
The Arthur E Macquilkin Boys Club Of Cicero has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance practices. The overall score is derived solely from its Accountability & Finance score of 60%, suggesting that while there are some strengths, there are significant areas for improvement.
One notable strength is the club's program expense ratio, which stands at 80.55%. This indicates that a substantial portion of its expenses is directed toward its programs, suggesting a commitment to fulfilling its mission. However, the organization faces critical weaknesses, including having no independent board members and missing several important policies like a whistleblower policy and a document retention policy, which are essential for transparency and governance.
Additionally, the organization has not listed its website on its tax form and has failed to post its tax form on its own website, which further detracts from its accountability score. These limitations highlight the need for the Boys Club to enhance its governance practices to build trust and demonstrate commitment to transparency and best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Arthur E Macquilkin Boys Club Of Cicero legitimate?
Arthur E Macquilkin Boys Club Of Cicero is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arthur E Macquilkin Boys Club Of Cicero 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: $48,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Arthur E Macquilkin Boys Club Of Cicero?
The Arthur E. Macquilkin Boys Club of Cicero is established with a mission to invest trust assets, with the aim of generating income. This income is then distributed to a designated charitable organization, as outlined in the governing document. The primary objective is to support this named charity financially, following the guidelines set out in the governing document. The club does not have a direct mission statement related to providing services or support to individuals, but instead focuses on financial assistance to a specific charitable organization.
What is the revenue of Arthur E Macquilkin Boys Club Of Cicero?
Arthur E Macquilkin Boys Club Of Cicero's revenue in 2024 was $367,830.
Who are the executives of Arthur E Macquilkin Boys Club Of Cicero and what are their salaries?
There is 1 key member and their salary:
- Compensation: $48,417
- Related: $0
- Other: $0
Where can I find the form 990 for Arthur E Macquilkin Boys Club Of Cicero?
Arthur E Macquilkin Boys Club Of Cicero's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Arthur E Macquilkin Boys Club Of Cicero
The Arthur E. Macquilkin Boys Club of Cicero is a nonprofit organization with a unique mission. Their primary objective is to invest trust assets, which then generate income. This income is subsequently distributed to the charitable organization as outlined in the governing document. In simpler terms, the club's mission is to utilize its financial resources in a strategic manner, ensuring a continuous flow of funds to support the named charity as per the established guidelines.
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Impact
October, 2024
The Arthur E Macquilkin Boys Club of Cicero significantly impacts the community by investing trust assets to generate income for charitable purposes. By providing financial support to youth development initiatives, it plays a crucial role in fostering the growth and well-being of young individuals in Cincinnati, Ohio. This investment strategy ensures a consistent flow of resources, enabling the club to direct funds towards programs and services that enhance the lives of youth, promoting their education, health, and social skills. As a result, the club effectively contributes to building a stronger, more empowered community by nurturing the next generation.
This information is meant to be a general summary of Arthur E Macquilkin Boys Club Of Cicero. 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 2024.
- Investment Income: $102,346
- Gross Receipts: $712,573
Assets and Liabilities:
- Total Assets: $2,380,010
- Total Liabilities: $0
- Net Assets: $2,380,010
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Organization Details
Founding Year
1995
NTEE Category
Code: O21I - Youth development
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