Overview
What is Erin Babineau Memorial Fund Inc?
The Erin Babineau Memorial Fund Inc is a nonprofit organization situated in Stratford, Connecticut. Established in honor of Erin, this entity raises funds through different sports-related activities. The primary objective of these events is to support the youth in the community. The collected funds are then channeled back into the area, contributing to scholarships and sponsorships for local charities, thereby directly impacting and benefiting the community.
Official website here: www.erinsgym.com and erinbabineau.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars
The Erin Babineau Memorial Fund Inc has received a low rating of 51%, indicating significant concerns regarding its accountability and finance practices. While the organization has an excellent score for having a majority independent board and showing no material diversion of assets, it struggles with several critical governance policies, notably lacking in conflict of interest and whistleblower policies. The overall financial transparency of the organization is also questionable, as indicated by its liabilities to assets ratio and lack of accessible tax documents on its website.
Despite the low rating from Charity Navigator, user feedback highlights a positive aspect of the nonprofit's operational activities. A volunteer expressed admiration for Erin's Gym, established in memory of the late Erin Babineau. The facility is praised for being well-maintained and offering a safe and welcoming environment for children, with all proceeds directed towards its upkeep. The commitment to eventually donate the gym to the Sterling House Community Center further illustrates the organization's dedication to community benefit.
While the nonprofit has strong community support and an admirable mission, the significant governance and financial transparency issues raised by its rating cannot be overlooked. Improvements in policy implementation and financial practices may enhance both its accountability and public trust in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Erin Babineau Memorial Fund Inc legitimate?
Erin Babineau Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erin Babineau Memorial Fund 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.erinsgym.com and erinbabineau.org
What is the mission statement of Erin Babineau Memorial Fund Inc?
The Erin Babineau Memorial Fund focuses on raising funds primarily through sports-related activities. This initiative is carried out in honor of Erin, with the purpose of benefiting the youth in a specific community, such as Stratford, Connecticut. The funds collected are then distributed back to the community, primarily in the form of scholarships and sponsorships for local charitable organizations. The primary aim of the Erin Babineau Memorial Fund is to contribute positively to the lives of young individuals and support deserving causes in the community.
Official website here: www.erinsgym.com and erinbabineau.org
Who is the CEO of Erin Babineau Memorial Fund Inc?
Donna Babineau is the Trustee of Erin Babineau Memorial Fund Inc.
Official website here: www.erinsgym.com and erinbabineau.org
What is the revenue of Erin Babineau Memorial Fund Inc?
Erin Babineau Memorial Fund Inc's revenue in 2023 was $57,735.
Official website here: www.erinsgym.com and erinbabineau.org
Who are the executives of Erin Babineau Memorial Fund Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.erinsgym.com and erinbabineau.org
Where can I find the form 990 for Erin Babineau Memorial Fund Inc?
Erin Babineau Memorial Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.erinsgym.com and erinbabineau.org
Learn more at the official website: www.erinsgym.com and erinbabineau.org
Mission Statement of Erin Babineau Memorial Fund Inc
The Erin Babineau Memorial Fund, named after a beloved individual, carries out its mission by engaging in various sporting activities. These events are held in honor of Erin, with the primary purpose of raising funds. The proceeds from these activities are then channeled back into the community, specifically benefiting the youth in Stratford, Connecticut. The fund distributes these resources in the form of scholarships and sponsorships, extending its support to local charities. In essence, the Erin Babineau Memorial Fund serves as a beacon of aid and encouragement for the youth and charitable organizations in its vicinity, honoring Erin's memory through its philanthropic endeavors.
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Impact
August, 2024
The Erin Babineau Memorial Fund Inc's impact is significant in the community of Stratford, CT. By organizing various sports activities and fundraisers in memory of Erin, the fund raises funds that directly benefit the youth in the area. These funds are then distributed back to the community in the form of scholarships and sponsorships for local charities. This not only honors Erin's memory but also contributes to the betterment of the community by supporting youth development and various charitable causes. The fund's activities help foster a sense of community spirit and generosity among residents.
This information is meant to be a general summary of Erin Babineau Memorial Fund 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 2023.
- Investment Income: $2
- Program Service Revenue: $31,572
- Gross Receipts: $57,735
Assets and Liabilities:
- Total Assets: $29,880
- Total Liabilities: $383,659
- Net Assets: -$353,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TURF RENTAL
Revenue
$13,000
EXTREME CHAOS TRAINING
SPORTS CAMP
Revenue
$14,890
WINTER HIGH SCHOOL LEAG
Revenue
$1,732
TRAINING
Revenue
$1,950
Organization Details
Founding Year
2011
Principal Officer
Donna Babineau
Main Address
180 PILGRIM LANE, STRATFORD, CT, 06614
NTEE Category
Code: P99 - Human services
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