Overview
What is Rotary Foundation Of South Oldham Inc?
Rotary Foundation of South Oldham Inc, located in Crestwood, Kentucky, operates as a charitable and educational nonprofit organization. Its primary goal is to collect financial contributions and distribute them to support various charitable and educational organizations, notably the South Oldham Rotary Club Inc. The foundation's mission encompasses receiving gifts and other financial contributions with the intention of providing aid to a range of charitable and educational entities.
Official website here: www.southoldhamrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
The Rotary Foundation of South Oldham Inc has received a low rating of 33%, primarily due to its lack of accountability and financial transparency. While the organization excels in having a fully independent board, with 100% independent members, several critical policies and documentation are missing, which significantly affects its overall score.
Strengths include a complete independent board and a strong record of no material diversion of assets. However, the organization lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention guidelines, which are vital for good governance. Additionally, it has not published its board meeting minutes or tax forms on its website, further limiting transparency.
The organization faces significant challenges in financial metrics, with a program expense ratio and liabilities to assets ratio both at 0.00%. This raises concerns regarding the effective allocation of resources towards its mission. Without addressing these crucial areas, the Rotary Foundation of South Oldham Inc may struggle to gain trust and support from potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Foundation Of South Oldham Inc legitimate?
Rotary Foundation Of South Oldham Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Foundation Of South Oldham 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
Official website here: www.southoldhamrotary.org
What is the mission statement of Rotary Foundation Of South Oldham Inc?
The Rotary Foundation of South Oldham Inc is dedicated to serving charitable and educational purposes. It receives various financial contributions to offer support to organizations with similar objectives. The primary focus of this foundation is to aid charitable and educational organizations, particularly the South Oldham Rotary Club Inc. Its mission is to utilize the received funds effectively to make a positive impact in these sectors.
Official website here: www.southoldhamrotary.org
Who is the CEO of Rotary Foundation Of South Oldham Inc?
Ginger Montgomery is the President of Rotary Foundation Of South Oldham Inc.
Official website here: www.southoldhamrotary.org
What is the revenue of Rotary Foundation Of South Oldham Inc?
Rotary Foundation Of South Oldham Inc's revenue in 2022 was $52,940.
Official website here: www.southoldhamrotary.org
Who are the executives of Rotary Foundation Of South Oldham Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.southoldhamrotary.org
Where can I find the form 990 for Rotary Foundation Of South Oldham Inc?
Rotary Foundation Of South Oldham Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southoldhamrotary.org
Learn more at the official website: www.southoldhamrotary.org
Mission Statement of Rotary Foundation Of South Oldham Inc
The Rotary Foundation of South Oldham Inc is dedicated to serving charitable and educational purposes. This organization operates with the primary goal of receiving various financial contributions, including gifts, to support other charitable and educational organizations. Its mission is to provide essential aid and resources to these organizations, with a specific focus on supporting the South Oldham Rotary Club Inc. By fulfilling its charitable and educational mission, the Rotary Foundation of South Oldham Inc plays a crucial role in contributing to the betterment of various communities and initiatives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Rotary Foundation of South Oldham Inc's impact is focused on supporting charitable and educational organizations, particularly the South Oldham Rotary Club, Inc. Through receiving gifts and financial contributions, the foundation works towards improving the community and fostering educational opportunities. Their mission is to provide essential support to organizations that align with their charitable and educational goals, ultimately contributing to the betterment of the community in Crestwood, KY.
This information is meant to be a general summary of Rotary Foundation Of South Oldham 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.
- Program Service Revenue: $29,358
- Gross Receipts: $88,606
Assets and Liabilities:
- Total Assets: $64,976
- Total Liabilities: $0
- Net Assets: $64,976
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dues
Revenue
$15,540
Sergent at Arms Funds
Revenue
$986
Other Revenue
Revenue
$12,832
Organization Details
Founding Year
1999
Phone
(502) 773-5337Principal Officer
Ginger Montgomery
Main Address
PO Box 391, Crestwood, KY, 40014
Website
www.southoldhamrotary.orgNTEE Category
Code: S80 - Community improvement
If you are a representative of Rotary Foundation Of South Oldham Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.