Overview
What is D&B Heart Fund?
The D&B Heart Fund is a charitable organization, specifically established to aid Dave and Buster's (D&B) employees who encounter challenging circumstances beyond their control. This may include unexpected illnesses or injuries, terminal illnesses of employees or family members, unforeseen changes in living situations due to crises like fires, evictions, or foreclosures, and other unforeseen hardships. The fund aims to provide financial assistance during these difficult times, thereby supporting D&B's team members in their time of need. The D&B Heart Fund is based in Coppell, Texas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
D&B Heart Fund has achieved a rating of 80%, indicating a solid performance in its financial accountability and transparency. This score is derived solely from its Accountability & Finance metrics, which highlight the organization's strong governance practices. Notably, the charity boasts a 100% independent board, with all three members free from conflicts of interest, ensuring impartial decision-making.
The organization also excels in financial management, evidenced by a low liabilities to assets ratio of 7.15% and a high program expense ratio of 93.72%. This translates to a commendable focus on programmatic activities, suggesting that a significant portion of its funds is directed towards fulfilling its mission rather than administrative expenses.
While the overall rating reflects a positive organizational standing, the concentration on a single beacon score may limit the perspective on other aspects of the charity's performance. Nonetheless, the evidence of robust accountability practices positions D&B Heart Fund as a trustworthy and responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is D&B Heart Fund legitimate?
D&B Heart Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. D&B Heart Fund 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 D&B Heart Fund?
The D&B Heart Fund's mission is to aid Dave and Buster's team members in times of distress or catastrophic events. This assistance is extended to team members facing unexpected illnesses or injuries, terminal illnesses of an employee or an immediate family member, and unexpected changes in living situations due to extenuating crises, such as fires, evictions, or foreclosures. The fund provides financial support to alleviate the economic hardships resulting from these circumstances.
Who is the CEO of D&B Heart Fund?
Kathryn Rainey is the Principal Officer of D&B Heart Fund.
What is the revenue of D&B Heart Fund?
D&B Heart Fund's revenue in 2022 was $490,378.
Who are the executives of D&B Heart Fund and what are their salaries?
There 37 volunteers at D&B Heart Fund.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for D&B Heart Fund?
D&B Heart Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of D&B Heart Fund
The D&B Heart Fund is a charitable organization dedicated to aiding Dave and Buster's (D&B) team members during crises or catastrophic events. Its mission is to offer financial assistance to D&B employees who are facing unexpected challenges, such as unexpected illness or injury, terminal illness of an employee or an immediate family member, or an unexpected change in living situation due to an extenuating crisis, like fire, eviction, or foreclosure. This support is intended to help team members overcome economic hardships resulting from situations beyond their control.
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Impact
July, 2024
The D&B Heart Fund provides vital monetary support to Dave and Buster's team members facing unexpected crises or catastrophic events. This assistance can make a crucial difference for employees experiencing economic hardship due to situations beyond their control, such as the death of an immediate family member, unforeseen illness or injury, terminal illnesses within the family, or sudden changes in living conditions stemming from extenuating crises. By offering this essential aid, the D&B Heart Fund directly contributes to the well-being and stability of the company's team members, ensuring they have the necessary support during challenging times. This targeted help embodies the organization's commitment to public safety and employee welfare, making a significant impact on the lives of those it serves.
This information is meant to be a general summary of D&B Heart Fund. 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.
- Gross Receipts: $539,795
Assets and Liabilities:
- Total Assets: $724,859
- Total Liabilities: $51,866
- Net Assets: $672,993
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Organization Details
Founding Year
2004
Phone
(214) 904-2334Principal Officer
Kathryn Rainey
Main Address
1221 S Beltline Rd Suite 500, Coppell, TX, 75019
NTEE Category
Code: M20 - Public safety
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