Overview
What is Round It Up America Inc?
Round It Up America Inc, headquartered in Los Angeles, California, is a nonprofit organization that serves as a charitable giving platform for participating businesses. By rounding up customers' purchases to the nearest dollar, these businesses collect donations that are then distributed to various charitable organizations quarterly. The mission of Round It Up America, founded by leaders in the restaurant industry, is to facilitate charitable giving and make a significant impact across America. The collective donations, though small individually, hold immense power in supporting numerous community service programs, such as hunger relief, financial aid for military families, disaster relief, education, medical assistance, research, and numerous other charitable initiatives. The organization's modest team of one dedicated employee works tirelessly to connect participating businesses with deserving charities, thereby promoting an easy and effective method for companies to increase their philanthropic efforts.
Official website here: www.rounditupamerica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Round It Up America Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 60%. While the organization demonstrates strengths in governance, reflected in its perfect scores for having a majority independent board and adherence to various policies, it struggles significantly in financial transparency and efficiency. The lack of accessible financial statements has impacted its rating, raising concerns about accountability.
The organization excels in its program expense ratio, indicating that funds are effectively directed toward its mission. However, the low fundraising efficiency and liabilities to assets ratio suggest potential financial management issues. These factors contribute to a lack of confidence in the organization's overall financial health and sustainability.
Despite the positive governance aspects, the critical shortcomings in financial accountability highlight the need for improvement in transparency and efficiency. Stakeholders and potential donors should consider these limitations when evaluating the organization's operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Round It Up America Inc legitimate?
Round It Up America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Round It Up America 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: $232,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,588
For more financial information, click here
Official website here: www.rounditupamerica.org
What is the mission statement of Round It Up America Inc?
Round It Up America Inc, established by leaders in the restaurant industry, is a non-profit organization that aims to bring about change across the nation through a straightforward and impactful charitable giving program. By partnering with participating businesses, also known as mission partners, they offer their customers the chance to donate small amounts to various charitable organizations upon completing their purchases. These donations are then disbursed to the chosen charities quarterly.
Beyond serving as a platform for the American public to contribute to charity, Round It Up America also functions as a tool for mission partners to enhance their corporate giving efforts effortlessly. Mission partners can choose the charities they wish to support annually, with the collective sum of these small donations having a substantial impact. In essence, the organization's mission is to harness the power of small change to bring about significant improvements in communities.
Official website here: www.rounditupamerica.org
Who is the CEO of Round It Up America Inc?
Michelle Mccarthy is the Co-Founder And Chairman of Round It Up America Inc.
Official website here: www.rounditupamerica.org
What is the revenue of Round It Up America Inc?
Round It Up America Inc's revenue in 2022 was $5,002,655.
Official website here: www.rounditupamerica.org
Who are the executives of Round It Up America Inc and what are their salaries?
The average compensation at Round It Up America Inc during 2022 was $244,588. There is 1 employee and 6 volunteers at Round It Up America Inc.
Here are 7 key members and their salaries:
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- Compensation: $220,000
- Related: $0
- Other: $12,000
Official website here: www.rounditupamerica.org
Where can I find the form 990 for Round It Up America Inc?
Round It Up America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rounditupamerica.org
Learn more at the official website: www.rounditupamerica.org
Mission Statement of Round It Up America Inc
Round It Up America Inc, founded by leaders in the restaurant industry, is a non-profit organization with a mission to make a positive impact across America. Their unique charitable giving program allows participating businesses to provide their patrons with the opportunity to add donations to their purchases at the end of sales. These donations are then distributed to charitable organizations quarterly.
Beyond serving as a platform for the American public to donate to charity, Round It Up America Inc also acts as a tool for mission partners to effortlessly increase their company's giving. Mission partners can select charities each year to receive their donations. Although individual donations may be small, the collective sum has the power to bring about significant change. This simple yet powerful program is designed to inspire change and make a difference in communities across the nation.
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Impact
July, 2024
Round It Up America Inc's impact can be seen in the distribution of charitable funds to organizations across the U.S. These funds have supported various initiatives such as providing meals for hunger programs, offering financial assistance to military families, aiding in disaster relief services, supporting education, medical assistance, research, and other community service programs. By partnering with businesses in the restaurant industry and giving patrons the opportunity to donate through their purchases, Round It Up America Inc has facilitated a simple yet powerful way for individuals to contribute to charitable causes. This collective effort of small donations has led to significant positive changes in communities nationwide.
This information is meant to be a general summary of Round It Up America 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.
- Gross Receipts: $5,002,655
Assets and Liabilities:
- Total Assets: $1,537,515
- Total Liabilities: $1,729,219
- Net Assets: -$191,704
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Organization Details
Founding Year
2012
Phone
(855) 554-7482Principal Officer
Michelle Mccarthy
Main Address
149 S BARRINGTON AVENUE 254, LOS ANGELES, CA, 90049
Website
www.rounditupamerica.orgNTEE Category
Code: T30 - Philanthropy
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