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Faribault Rotary Youth Services Inc

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

EIN: 411855086 ✦ Faribault, MN ✦ Designated as a 501(c)(3)

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Overview

What is Faribault Rotary Youth Services Inc?

Faribault Rotary Youth Services Inc is a dedicated nonprofit organization situated within the Faribault community. Their primary mission is to enhance the well-being, education, and character development of local youth. They accomplish this by owning, managing, and maintaining necessary real and personal properties. Their initiatives extend beyond just providing resources; they also organize youth camps, celebrate student achievements through banquets, and undertake community-focused projects like 'Warm our Community.'

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Faribault Rotary Youth Services Inc demonstrates some strong accountability and financial practices, there are significant areas for improvement concerning transparency and governance.

The organization scores highly in aspects such as having a fully independent board and a strong program expense ratio, indicating that the majority of its funds are directed towards its programs. Additionally, it has no liabilities to assets ratio, showcasing solid financial health. However, the absence of essential governance policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about its overall governance framework.

Moreover, critical transparency issues are highlighted by the nonprofit's failure to list its website on tax forms and the lack of posted tax forms on its website. These omissions may impede potential donors' ability to assess the organization's credibility and operations thoroughly. Overall, while Faribault Rotary Youth Services Inc shows promise in its financial management, it must address its transparency and governance practices to improve its rating and public trust.


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

Is Faribault Rotary Youth Services Inc legitimate?

Faribault Rotary Youth Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faribault Rotary Youth Services 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 Faribault Rotary Youth Services Inc?

Faribault Rotary Youth Services Inc is an organization dedicated to promoting the general welfare, education, training, and character building of youth within its community. To achieve these goals, the organization owns, manages, and maintains both real and personal property. Some of its programs include hosting youth camps, organizing student recognition banquets, and running the Warm our Community project, which aims to support the community's needs during colder seasons. The organization's mission is centered around fostering the personal growth and development of young individuals within its community.

Who is the CEO of Faribault Rotary Youth Services Inc?

Chad Koepke is the President of Faribault Rotary Youth Services Inc.

What is the revenue of Faribault Rotary Youth Services Inc?

Faribault Rotary Youth Services Inc's revenue in 2023 was $39,235.

Who are the executives of Faribault Rotary Youth Services Inc and what are their salaries?

There are 16 employees and 45 volunteers at Faribault Rotary Youth Services Inc.


Here are 7 key members and their salaries:


Brenda Demars (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Hoaglin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Kohl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Beranek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Craig (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Koepke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Kramer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Faribault Rotary Youth Services Inc?

Faribault Rotary Youth Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Faribault Rotary Youth Services Inc

Faribault Rotary Youth Services is committed to enhancing the well-being, education, and character development of the youth residing in and around their community. To achieve these objectives, the organization owns, manages, and maintains both real and personal properties. Their mission is multifaceted, encompassing the promotion of general welfare, educational programs, and character building exercises for the youth.

In pursuit of these goals, Faribault Rotary Youth Services operates various programs. One of their primary initiatives is the organization of youth camps, providing young individuals with engaging and enriching experiences that foster learning and personal growth. Additionally, they host student recognition banquets, honoring the achievements and accomplishments of the local youth. Lastly, they oversee the Warm our Community project, a community-oriented initiative designed to support and uplift their community members.

By promoting the general welfare, education, and character building of the youth, Faribault Rotary Youth Services aims to contribute positively to the development of the next generation. Through their various programs and initiatives, they strive to equip the youth with the necessary skills, knowledge, and moral values to become responsible and productive members of society.

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Impact




August, 2024

Faribault Rotary Youth Services Inc's impact is significant in promoting the general welfare, education, training, and character building of the youth in and around the Faribault community. Through its programs such as youth camps, student recognition banquets, and the Warm our Community project, the organization plays a crucial role in providing opportunities for youth to grow, learn, and develop important life skills. By owning, holding, operating, and maintaining real and personal property for the accomplishment of these goals, Faribault Rotary Youth Services positively influences the lives of the young people in the community, contributing to their overall well-being and success.




This information is meant to be a general summary of Faribault Rotary Youth Services 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
$39,235 (2023)
Expenses
$23,413 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,603
  • Program Service Revenue: $14,780
  • Gross Receipts: $2,390,320

Assets and Liabilities:

  • Total Assets: $303,652
  • Total Liabilities: $3,051
  • Net Assets: $300,601

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Programs

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

WARM OUR COMMUNITY

Revenue

$7,687

FORFEITED SCHOLARSHIPS

Revenue

$4,000

CAMP RENTAL

Revenue

$2,950

STRIVE BANQUET

Revenue

$135

MISC

Revenue

$8

Organization Details

Founding Year

1960

Principal Officer

Chad Koepke

Main Address

407 1ST AVE NW, FARIBAULT, MN, 55021

NTEE Category

Code: B82Z - Education

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